Job Position of AFIRR – Investment Officer at Development Bank of Rwanda (BRD) (Deadline:12th August 2021)

Job Title:  AFIRR – Investment Officer

Current Grade: JG 6

Divisions: SPIU

Duo Reports to: Functionally to the Investment Manager – Manufacturing & Exports Portfolio

                                   AFIRR – Project Coordinator

Direct Report: N/A

Indirect Reports: N/A

2.      Contract Terms – Open Ended Contract

3.      Purpose of the Job

The purpose of the job is to originate viable projects in line with the project development objectives and eligibility criteria, appraise them and present them to relevant committees for review, examination and approval for financing.

4.      Main Responsibilities of the Job

• Pipeline creation through Identification of new projects in line with project objectives and targeted eligible beneficiaries including participating financial institutions (PFIs) through visit, government agencies and other selling avenues to increase absorption of the project funds
• Provide advice and guidance to potential clients/PFIs on their business proposals to mitigate financing risks and increase the bankability thereof.
• Collect the required project data and information through approaching the client/PFIs and other relevant stakeholders to enable the analysis of projects submitted to the bank timely.
• Issue indicative term sheet to the promoters for their signature detailing indicative terms and conditions of the facility and proceed with appraisal.
• Appraise project proposals from borrowers and prepare the appraisal reports to the relevant Bank organs for their review and approval.
• Ensure project underwriting of the respective projects is conducted in accordance with the project implementation manual and the World Bank fiduciary and safeguards policies and regulations
•  Prepare notification letters for borrowers whose loan requests have been approved detailing all the necessary conditions precedent to signing facility agreement and disbursement.
•  Collect data on financed projects to facilitate the social economic impact assessment to be reported to stakeholders (post approval).
• To identify and initiate proposals for new facilities or facility modifications in order to grow a healthy portfolio.
• To undertake the pre-appraisal analysis for credit proposals and carry out onsite visits of projects at pre-appraisal stage to assess the project viability.
• To organize deal forum meetings with credit risk and legal departments to discuss credit proposals and seek their technical inputs.
• To collect the required project data and information to enable the detailed appraisal and to advice, guide potential clients on their business proposals to mitigate risks.
• To undertake detailed appraisal for approved proposals and present them to the banks’ approval authority.
•  To collect M&E data while assessing projects that will facilitate the social economic impact assessment to be reported to stakeholders (during appraisal).
• To liaise with credit documentation and legal department for loan documentation (term sheet, notification, facility agreement, etc.) drafting and distribute it to the promoters for their signature.
•  To ensure at all time adherence to the Bank’s turnaround time standards for processing credit applications, to all the Bank Policies and Procedures the Credit Policy, the internal code of conducts, the latest market best practices and all banking laws and regulations applicable.
•  To handle client inquiries throughout the loans’ appraisal and approval process (from initiation to the first disbursement).
• To resolve client queries and complaints to maintain quality service delivery standards.
• To carry on any other assignment delegated by the line managers or the Management of the Bank.

5.      Performance indicators

• Active pipeline of projects to benefit from the project
• Disbursements made to eligible project beneficiaries
• Number of firms supported by the project
• Volume of financial support provided to firms
• Women inclusive firms receiving financial support through the project
• Non-performing loan (NPL) ratio of project portfolio
• Social Economic Impact created i.e. jobs created, import substitution, tax generated, reduced carbon footprint etc.
•  Private capital mobilized by the project

6.      Working relationships

• All departments
• All BRD stakeholders
• Customers

7.      Professional, academic qualifications and experience

• Bachelor’s Degree in finance, Business Administration, or related field
•  A minimum of 3 (three) years in similar position in a financial institution

8.      Core competencies

• Experience with due diligence, analysis and structuring of investment/lending opportunities.
• Experience building and/or managing loan portfolio monitoring systems.
•  Familiarity with legal documentation common to debt and equity transactions.
• Demonstrated flexibility and success in rapidly changing environments.
• Demonstrated ability to design, launch and scale new projects and initiatives Financial and management reporting skills.
•  Interpersonal skills.
• Analytical skills, attention to detail, ability to work with deadlines and schedules and strong follow through capacity.
• Negotiation skills and good communication skills (written and oral) in English and Kinyarwanda. Good knowledge of French will be an added advantage.