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Recrutement d’un consultant individuel spécialiste des marchés de capitaux

Recrutement d’un consultant individuel spécialiste des marchés de capitaux

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Categories : Avis d'appel d'offres

Domaines : Banque - Assurance - FinanceComptabilité - Gestion - Audit - Gestion de projetsEconomie - Statistique - Démographie... Afficher plus

Regions : Côte d’Ivoire

AFRICAN DEVELOPMENT BANK GROUP

Financial Sector Development Department (PIFD)

REQUEST FOR EXPRESSION OF INTEREST

INDIVIDUAL CONSULTANT – CAPITAL MARKETS SPECIALIST

 

  1. We have the pleasure to inform you that the Capital Markets Development Division of the Financial Sector Development Department of the African Development Bank (“AfDB” or the “Bank”) will require the Services of a Capital Markets Specialist hereafter the ‘Consultant” to support in the design, development and management of the Division’s growing business operations and activities in Africa :
  2. The estimated duration of services is twelve (12) months and the estimated starting date is March 1, 2020 ;
  1. Appendix 1 contains the Terms of Reference (TOR) indicating the scope of the assignment to be undertaken as well as the services required from the selected Consultant. Should you be interested, you are kindly requested to comment on the TOR (in no more than 2-pages) for the proposed assignment, present your practical experience and updated Curriculum Vitae ;
  2. The eligibility criteria, the establishment of a short list and the selection procedure shall be in conformity with the Bank’s Rules and Procedure for Acquisition of Consulting Services funded by the Administrative or Capital Expenditure Budget. Please, note that interest expressed by a Consultant does not imply any obligation on the part of the Bank to include him/her in the shortlist. The proposals to be submitted by the consultants shall be evaluated on the basis of the following criteria :
  • General qualification and suitability for the task to be performed = 30 points ;
  • Experience in the specific assignment described in the TOR = 45 points ;
  • Experience with international donor agencies = 15 points ;
  • Language capacity = 5 points ;
  • Knowledge of the Africa region = 5 points.
  1. A shortlist will be established at the end the request for expressions of interest. Only the proposals scoring 70 points or above shall be considered for this assignment. All the consultants shall be ranked and the highest ranked consultant will be selected for the said assignment if his/her fees are within budget limits ;
  2. The consultant shall bear all his/her insurance and medical costs for the duration of his/her services ;
  3. The consultant shall take steps to obtain the visas or certificates of residence required to perform his/her duties and fulfill his/her obligations under this contract. The Bank will assist the consultant in these tasks whenever necessary ;
  4. Interested Individual Consultants may obtain further information at the email address below during the Bank’s working hours: from 09 :00 to 17 :00 hours (Abidjan Time) ;
  5. You are kindly requested to submit your proposal in writing by Friday February 7th , 2020 before 17:00 (Abidjan time) to the addressee mentioned in paragraph 10 below clearly mentioning ‘Individual Consultant – Capital Markets Specialist’ ;
  6. Kindly submit your proposal as indicated for the submission of proposals before the specified closing date above. Any proposal received after the closing date shall be rejected. Your proposal should be submitted (emailed) at the following address :

 Mailing address : The African Development Bank
      Centre de Commerce International d’Abidjan (CCIA)
      Rue Jean-Paul II ; Plateau ;
      Abidjan, Cote d’Ivoire
Attention:Mr. Judicaël GUIHY
      Capital Markets Officer, Capital Markets Division
      Financial Sector Development Department
      Mr. Akin ADIGUN
      Senior Capital Markets Officer, Capital Markets Division
      Financial Sector Development Department
 Email addresses :  j.guihy@afdb.org 
      a.adigun@afdb.org
Cc :  e.diarra@afdb.org  

  1. The AfDB looks forward to receiving your proposal and thanks you in advance for your consideration of this request for expression of interest.

APPENDIX 1

TERMS OF REFERENCE (TOR)

 

  1. INTRODUCTION :

The Capital Markets Development Division of the Financial Sector Development Department of the African Development Bank will require the Services of a Capital Market Specialist (hereinafter “the Consultant) to support in the design, development and management of the Division’s growing business operations and activities. The proposed assignment is for an estimated period of twelve (12) months and the Consultant will be based in the Bank’s Headquarters in Abidjan – Cote d’Ivoire.

  1. BACKGROUND :

Over the last decade, AfDB has been one of the main contributors to the Financial Sector Development (FSD) agenda in Africa, using a mix of resources and instruments. However, its role becomes even more crucial as to help Regional Member Countries (RMCs) navigate the ensuing complex financial sector development landscape going forward. In particular, RMCs face the challenge of developing vibrant, robust financial system with effectively functioning capital markets and adequate access to financial services.

The Long Term Ten-Year Strategy (2013-2022) of the Bank provides a new vision of how the Bank will build on its solid achievement to better support Africa’s transformation at a time of great change and promise. The Financial Sector Development Policy and Strategy, which was approved by the Board in October 2014, has two primary objectives: increased access to financial services and broadening and deepening Africa’s financial systems; thereby facilitating increased private sector credit to key development sectors, for both shot term and long-term financing.

The Financial Sector Development Department comprises: (i) Financial Intermediation and Inclusion- PIFD.1; (ii) Capital Markets Development- PIFD.2; and (iii) Trade Finance-PIFD.3 Divisions.

  1. OBJECTIVES :

Under the overall supervision and guidance of the Capital Markets Division Manager, the Consultant will work with the Bank’s Capital Markets Development Division (PIFD.2) to undertake a full range of duties and responsibilities related to lending and non-lending operations and activities aimed at developing solid and vibrant capital markets in RMCs.

  1. TASKS TO BE PERFORMED :

The consultant’s primary responsibilities will be to perform the following tasks :

  • Support the PIFD.2 activities in developing robust debt and equity capital markets in RMCs, including working with capital market stakeholders on initiatives to promote liquid, deep and diverse capital markets ;
  • Support the PIFD.2 officer leading the assessment study of AFMI’s activities ;
  • Provide support to PIFD.2 projects and initiatives aimed at developing integrated African capital markets, working with capital market regulators, stock exchanges, central depositories, central banks and other relevant capital market institutions. Such projects include but are not limited to the ECOWAS technical assistance project ;
  • Support in the delivery of non-lending activities including but not limited to the capacity building project for the Botswana Stock Exchange ;
  • Preparing research work on Africa’s fixed income markets for dissemination to internal and external stakeholders via the Bank’s African Financial Market Initiative (AFMI) bond market website and data portal ;
  • Collecting and collating information on local currency bond markets for update on the AFMI platform ; africanbondmarkets.org.
  • Support in project sourcing of both capital market lending operations and non-lending programs involving debt, equity, structured finance, etc ;
  • Provide support to PIFD.2 officers specifically for the preparation, screening, processing and delivery of priority pipeline projects facilitating access to capital markets for the Bank’s clients ;
  • Support during screening of project applications, carrying out of desk reviews, preparing preliminary evaluation notes for presentation to the Department Management Team to determine a project’s suitability / feasibility for financial assistance and/or technical support by the Bank ;
  • Support in the preparation of project concept note and project appraisal reports for presentation to the Department, the various review committees and finally to the Board of Directors ;
  • Develop relationships within the Bank and with other partner institutions involved in the promotion of capital markets in RMCs ;
  • Support in data collection and analysis, research and literature reviews, editorial and presentation on capital markets related projects and topics ;
  • Contribute to knowledge generation and dissemination of knowledge products through various communication channels ;
  • Support during appraisal of new initiatives for collaborations with the Bank to bolster capital markets development, and where applicable ensure proper follow-up and execution as requested by the Manager, PIFD.2 ;
  • This assignment is NOT limited to the above listed responsibilities, and the Consultant may be requested to perform other relevant duties as required by business needs.
  1. SCHEDULE OF ACTIVITIES/TASKS :

The proposed assignment is for an estimated period of twelve (12) month(s).

  1. CONSULTANT PROFILE :
  • Advanced degree at Masters level in economics, business administration, finance, law or any other relevant discipline ;
  • At least five (5) years of relevant capital market experience involving debt capital market and equity capital markets ;
  • He/she will have proven analytical capacity and relevant experience in the interface of finance ; ideally the Consultant will have professional experience in financial markets products and instruments, institutions, financial markets infrastructure and ecosystem ;
  • Knowledge and experience in international development and public policy, with public and private sector versatility in the Financial Sector would be highly desirable ;
  • Good understanding of capital markets including experience working and interacting with Equity markets and Bond markets in RMCs ;
  • Demonstrated ability to understand equity and fixed income sales and trading activities, as well as knowledge of complex capital markets products such a derivatives, guarantees and securitization is a strong plus ;
  • Proficiency in English and/or French (spoken and written) is essential including the ability to draft at a professional level in this language ;
  • Ability to work effectively as a member of a team, and independently with adequate guidance ;
  • Command of standard computer software applications ;
  • The ideal candidate will also have strong areas of technical expertise, such as capital markets, banking, financial regulation and supervision, corporate finance, financial infrastructure, structured products, equity and investment funds, etc.

  1. CONSULTANCY SERVICES CONTRACT :

A consultancy service contract will be signed with the Bank.