Akazi

Job Position of EMBEDDED/RESIDENT ADVISOR at Development Bank of Rwanda (BRD) (Deadline: 26th February 2024)

Mwambutsa

Vacancy Announcement

The Development Bank of Rwanda (BRD) Plc is Rwanda’s only National Development Bank mandated to support Rwanda’s Vision 2050 development agenda. Over the past five years, the bank has registered exponential growth contributing to socio-economic development, strengthening institutional and human capacity, fostering corporate governance and risk management practices.

The Bank is implementing the revised strategic plan for 2024-2028 which is appropriately aligned to the country’s strategic direction enabling the Bank to unlock better value creation for its stakeholders by supporting entrepreneurs, addressing market failures, and impactful socioeconomic development.

To deliver on its bold vision and impactful objectives, the Bank’s expanded and refocused mandate is underpinned on four strategic focus areas:

  • Availing transformational finance.
  • Increasing green financing for a resilient future.
  • Driving scale and impact.
  • Fostering innovation and technology.

To achieve its strategic mandate, BRD recognizes the importance of strengthening its human and institutional capital to drive sustainable development, and ensure the Bank remains a center of excellence in the financial sector.

BRD is committed to respecting gender equality and disability norms. We promote gender responsive practices. Qualified candidates particularly females and persons living with disabilities are encouraged to apply.

To help accomplish this ambitious and exciting vision, the Development Bank of Rwanda (BRD) would like to recruit suitable qualified candidates to fill the following position:

 EMBEDDED/RESIDENT ADVISOR – ADVISORY SERVICES CONSULTANCY (1)

1. Background Information
Job Title: Embedded/Resident Advisor
Department: Business Development
Reports to: Head of Business Development with close working relationship with Manager, Green Finance and Advisory Services.
Contract terms: Period of assignment is for 1 year, with a possibility of renewal once depending on demonstrated good performance
2. Purpose of the Job
The consultant will support the Development Bank of Rwanda in creating up a fully-fledged advisory services unit by setting up its strategy, policies, pricing, processes, procedures and provide all necessary tools and advice to ensure the long-term sustainability of the unit.
3. Scope of work
The consultant’s broad and overall work will be to support Development Bank of Rwanda in setting up the Advisory services unit which will provide world class advisory services to all types of Bank’s clients, the private sector, the public sector, the general public and market. This unit would be a source of knowledge, market insights, resources and expertise across various sectors (contracted on a need-basis or in-house) to different stakeholder. This unit will support the private sector to ensure that it benefits from the ERF and AFIRR, but also linking projects/enterprises to potential investors, unlocking the potential growth of local SMEs and startups, providing technical assistance for sustainability and ESG and advising on project funding beyond AFFIR.
4. Main Responsibilities of the Job
Duties and responsibilities shall include but not limited to: 

  • Conducting Surveys to understand the need for advisory services and required interventions. Seek and obtain feedback from relevant Bank stakeholders, mainly from potential clients.
  • Development of a 5-year strategy plan for the set up and running of the advisory services unit (ASU). The strategy should ensure long term sustainability of the ASU.
  • Development of relevant ASU strategy subsidiary action plans for the implementation of identified activities.
  • Detailed proposal on the skills required, qualifications and trainings to be undertaken by the ASU staff based on performed gaps analysis.
  • Detailed proposal on the ASU staffing requirements to meet the ASU short and long terms objectives set in the relevant strategy plans.
  • Development of pricing guidelines for the services offered by ASU.
  • Development of the ASU service charter which should include types of services to be offered and related processes and procedures.
  • Development of all required policies, processes, and procedures in relation to the newly created ASU.
  • Advising on the types of clients, their identification and retention.
  • Advising on the innovative digital tools and systems to be used under ASU for the management of clients and activities.
  • Providing trainings (knowledge transfer) to BRD staff in the ASU
  • Build a strong pipeline of potential clients and proposals on how required advisory services can be offered for each identified client.
  • Monthly and Quarterly progress reports, Annual Reports to the Head of Business Development and Management describing major activities undertaken and tasks accomplished during the reporting period, challenges hindering implementation process and Possible mitigations.
  • The consultant will work closely and regularly with existing ASU team to perform the assignment. Additionally, the advisor will provide technical input and advice to BRD Management as needed on any matters related and/or relevant to the advisory services.
5. Working relationships
  • All BRD departments
  • Any relevant internal and external stakeholders
6. Professional, academic qualifications and experience
  • A master’s degree in economics, business administration, accounting, finance, project management or related discipline.
  • Demonstrate at least 10 years of relevant professional experience in the advisory services, of which 5 should be at a senior position.
  • Strong business and advisory experience with extensive finance/accounting background.
  • Exceptional interpersonal, communication, writing and analytical skills.
  • Ability to gather and analyze data and generate information for decisions making purposes. The advisor should be highly skilled in report drafting and presentations.
  • Proficiency in written and spoken English is a requirement. Knowledge in French is an added advantage.
7. Deliverables
  • Five-year strategic plan for the Advisory Services Unit with a focus on ensured long term sustainability and impact.
  • Establishment and set up a fully-fledged Advisory Services Unit
  • Needs assessment and validation of technical assistance needs internally and externally.
  • Training of BRD staff and knowledge transfer to the dedicated teams
  • Advice to BRD Management on all matters related to the advisory services.
  • Identification of skills gaps and training required as a well staffing requirements for short- and long-term sustainability of the Advisory Unit.
  • Development of service charters, pricing guidelines, policy, processes, and procedures related to the Advisory services unit and the services offered.
  • Building a strong pipeline of clients and producing comprehensive proposals on how to implement and support each activity required and any necessary client retention methods as well.
  • Advising on digital tools to be used for the advisory services unit as well as any innovation that would make the unit relevant in today’s market.
  • Producing periodic reports on achieved tasks, challenges, and mitigation and suggestions on the way forward.
8. Budget & payment terms
  • Period: Period of assignment is for 1 year, with a possibility of renewal depending on demonstrated good performance
  • Location: The place of assignment is at BRD, Rwanda.
  • Supervision: The consultant will work closely with the Manager of Green Finance and & Advisory services and report to the Head of Business Development.
  • Payment: The consultant will be paid on a monthly basis based on negotiation.
  • The role is open to Nationals and Internationals who will be willing to relocate in Rwanda during the assignment.

Application Guidelines: 

Interested candidate should apply online (https://www.brd.rw/careers/) and upload application documents including Curriculum Vitae, copies of degree certificates and professional certificates, motivation letter, names of three previous supervisors (as one document) as well as their emails and telephone. Please be informed that you will receive a notification pop-up message after successfully uploading your application.

Only online applications shall be considered.

Email-only for inquiries (not application): recruitment@brd.rw   

Address all applications to the Head, Human Capital, and Corporate Services of the Development Bank of Rwanda.

Deadline for application: Monday 26th February 2024 

The employment package is highly competitive/attractive.

Due to expected high volume of applications, ONLY shortlisted applicants will be contacted. 

Done in Kigali, Friday 26th January 2024