Senior Disbursement Assistant at African Development Bank

Key Functions

Disbursement Transactions Processing

• Analyze and determine the appropriateness of borrowers' requests for disbursements and supporting documentation
• Determine whether disbursement requests should be approved, reduced, or rejected in accordance with Bank policies and procedures
• Identify irregularities and non-compliance with Bank procedures and policies, and highlight circumstances requiring further investigation where the Bank may be exposed to financial risk
• Review and recommend changes to disbursement systems, policies, and procedures to promote timeliness, accuracy, and efficiency while maintaining appropriate internal controls
• Draft clear and concise correspondence to borrowers and operational staff on disbursement-related issues
• Process special commitment amendments and prepare amendment letters

Project Management

• Respond to inquiries from Task Team Leaders, borrowers, commercial banks, and suppliers regarding payments, balances, and application status
• Cooperate with concerned departments and stakeholders to resolve disbursement issues promptly
• Monitor borrowers' utilization of special account funds to ensure proper accounting and compliance with Bank procedures
• Participate in loan disbursement missions to verify resource utilization and resolve disbursement issues
• Contribute to improving the efficiency of disbursement operations through proper maintenance and timely updating of records and reports
• Participate in technical discussions and loan negotiations to ensure disbursement arrangements comply with Bank Group disbursement policies

Position Details

Company: African Development Bank

Location: Accra, Ghana

Job Type: Full-Time

Category: Banking