Vacancy title:
Equity Investment Specialist

Jobs at:
Uganda Development Bank Ltd ( UDBL )

Deadline of this Job:
Friday, 14TH July 2011, 5.00pm

Duty Station:
Kampala, Uganda

Job details:
Uganda Development Bank Ltd ( UDBL ) is the country's only Development Finance institution (DFI) established in 1972. The Bank has recently re-positioned itself as a partner to the Govemment of Uganda in delivering the theme of its National Development Plan. UDBL is currently seeking a talented individual to fill the position of Equity Investment Specialist.

Job Grade/Scale: UDBL 04
Reports to: Director Development Finance (DDF)

Job summary

This is a specialist role within the UDBL structure whose primary
responsibility is to provide consultation to management on Equity investment
decisions.
The job holder shall promote/mobilize Equity business, analyze and/or appraise equity funding proposals as well as monitor such businesses in the Bank‘s portfolio, with the view of ensuring sustainable equity financing.

Major Duties & Responsibilities:

• Setup of investment policies and procedures in line with UDBL's institutional and policy framework
• Regularly source for new sources of capital to support UDBL's equity investment strategy and objectives
• Support the DDF in ongoing decision making and in determining strategic direction of the Equity portfolio
• Support DDF in developing and implementing the annual business plan for equity investments;
• Participate in marketing UDBL's equity product to external stakeholders;
• Regularly refine and update UDBL's equity products in line with changing economic conditions and market expectations to ensure continued relevance and sustainability of the bank's products
•  Participate in promoting synergies and/or co-financing with other bank E products
• Ensure a high quality, robust equity investment pipeline, in line with ; UDBL’s strategic objectives and mandate;
• Oversee the appraisal of equity-funding proposals with the view of ensuring that all related decisions are grounded on sound technical advice and on equity-financing best practices;
• Research, collate and analyze market information to support the DDF and other stakeholders to make effective and profitable investment decisions"
• Periodically review the Bank's equity portfolio with the view of ensuring that the Bank's investments are sustainable.
• Oversee any necessary rebalancing of UDBL's equity portfolio
• Advise management on exit strategies

Key Performance Indicators

• Annual and ongoing performance of UDBL‘s equity portfolio (stipulated risk-adjusted return as measured against UDBL's hurdle rate)
• Quality of the equity portfolio and performance of underlying companies
• Net value of equity portfolio
•  Number of clients in which bank has equity Interest

Required Skills and Competencies

• Strong Analytical and problem -solving skills
• Strong affinity for numbers / numerical proficiency
• Mastery of contemporary financial modeling
• Excellent report writing and communication skills
• Demonstrated knowledge of national and regional business and economic trends t
• Sound Commercial awareness and Business acumen
• Ability to manage/work with multidisciplinary teams
• Knowledge of law relating to contracting and company law
• Good interpersonal skills

Education

•  Minimum of a good first or advanced degree from a reputable education institution, with a bias in finance, business studies, economics, statistics, applied mathematics, accounting or a related field is required.
• Full or pan CFA and/or similar qualification is desirable

Experience

• A strong finance/investment background with ii working experience of a minimum 5 years in capital markets, equity investments or related fields in reputable institutions
• Solid Governance experience/experience on Board of Directors

Job application procedure
Send or deliver your application which shall include an up-to-date curriculum vitae, photocopies of academic documents and contact addresses of professional references to The Director, Human Resources & Administration, 1ST Floor Wing B, Rwenzori Towers, Plot 6 Nakasero Road

Closing date: Friday, 14TH July 2011, 5.00pm