Associate Vice President, Project Development – Lagos, Nigeria
Reference No. SRBLR-AVP-PD-2024
Nature & Scope:
Our client, a large financial institution in Nigeria, is currently seeking a candidate who will be responsible for implementing the strategy of the project development department. The candidate will collaborate with team members to conduct analyses, process project development transactions, and lead efforts to achieve financial close. Additionally, the candidate will build relationships and spearhead origination efforts in the development and management our cients infrastructure investment activities across Africa, encompassing a range of asset classes including project development, equity, debt, and trade finance.
Responsibilities:
Deal Execution
- Lead the execution of tasks encompassing technical review of infrastructure projects including preparation of project development plans, schedules, and budgets.
- Prepare transaction documents (engagement letters, proposals, presentations, Information Memoranda, and Investment Memoranda etc.) for transactions being contemplated by our client.
- Lead the team with respect to processing infrastructure projects across the continent spanning various sectors (transport, power, mining, heavy industries, and oil & gas).
- Participate and lead deal meetings as well as help maintain client relationships.
- Advise on new approaches, procedures, and techniques to improve the quality of execution of projects across the continent.
- Post deal approval, develop terms of reference for consultant selection including managing the onboarding process.
- Collaborate with other divisions for deal origination and execution.
Research and Analysis
- Oversee the research and analysis conducted for projects on prospective clients/ strategic partners including EPC contractors, target countries, etc. to enable guide sound judgement for engagement and investment decisions.
- Oversee and review technical analysis and risk assessment on project proposals, including developing and reviewing financial models.
- Lead the due diligence on prospective clients and their projects.
Administrative Support
- Provide support with respect to strategy formulation and implementation, team management and business origination.
- Lead the preparation of terms of references and support the procurement of technical, market and insurance consultants to support the appraisal and due diligence on projects being considered for investment by our client.
- Oversee the work of the technical, market and insurance consultants and administer their respective contracts.
- Lead and participate in missions to countries in concert with project teams to provide guidance on technical and operational aspects of transactions.
Deal Origination
- Lead origination of suitable projects for our clients financing including the formulation, preparation, and appraisal of new concepts.
- Lead the management of transaction processes from origination to closing, including engagement with technical and financial advisors in the analysis for such transactions.
- Work with other team members in the Investments Division and colleagues across the organization to process and administer each transaction as it goes through the approval process.
Requirements: Qualification and Skill
Education
- A strong first degree in engineering, finance, law, business, or related disciplines from a recognised university
- Relevant advanced degree e.g. master’s degree in business administration, or a related field of study.
- Relevant certifications related to project management, or CFA or ACCA
- Highly proficient in the development and review of Microsoft Projects for the development of project schedules and budgets.
Experience
- 12 to 15 years professional experience preferably in infrastructure development related activities, especially in the mining and heavy industry sectors.
- Proficient in transaction modelling and understanding of transaction structures.
- Excellent client origination and management skills.
- Previous experience in more than two of our client’s intervention sectors or products will be an added advantage.
- Previous professional experience or training in research, financial analysis, and presentations
Language
- Solid communication and writing skills (fluency in English and French is required).
Others
- Willingness to travel “out-of-station” with minimal prior notice
- Team player mentality with the potential to take the lead on transactions
Competencies
- Ability to develop presentations for marketing purposes (pitchbooks)and proficiency in Microsoft PowerPoint
- Ability to review project finance models in Microsoft Excel and proficiency in Microsoft Work.
- A good understanding of the technical aspects related to the review of infrastructure projects.
- Ability to respond to issues associated with risk assessment of investments and drive transactions through the investment approval process.
- Good experience in result-based project management.
- Ability to negotiate key aspects of term sheets and participate in negotiations of facility and investment agreements.
- Strong quantitative analysis and problem-solving skills.
- Well-developed communication and business writing skills, power of persuasion as well as the ability to interface directly and effectively with senior officers of a variety of potential clients.
- Strong time management skills and ability to work under pressure in a fast-moving environment.
- Excellent project management skills.
Benefits and Contractual information:
- 3 Year renewable contract.
- Willing and able to relocate to Lagos, Nigeria
- Suitably qualified candidates are encouraged to apply.
If you wish to apply for the position, please send your CV to Shearidan Rabsch at srabsch@caglobalint.com
Please visit www.caglobalint.com for more exciting opportunities.
Shearidan Rabsch
Recruitment Manager – Banking and Finance | Africa
CA Global Finance
CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.
Job Features
Job Category | Finance |