Manager; Green Bond Implementation at CRDB Bank | May 2024

Career Opportunities: Manager; Green Bond Implementation, Impact & Reporting

Reporting Line: Head of Sustainability Programmes

Department: Sustainable Finance Unit

Location: HQ

Job Summary.

Ensure effective deployment of Green Social and Sustainability Bond (GSSB) proceeds to projects that have positive environmental and social impacts. The manager shall ensure that all projects financed through the Bond proceeds adheres and conforms to the Green Social and Sustainability Bond Frameworks that describes eligible asset classes and financing criteria.

Key responsibilities:

• Oversee overall portfolio of green projects funded through Bond proceeds to ensure that projects financed are those which qualify eligibility criteria as per the Green Social and Sustainability Bond (GSSB) framework.
• Continuous monitoring and evaluation of green projects portfolio to ensure that individual projects financed through Bond proceeds achieve the intended green impact. 
• Ensure that at least 40% of the Green Bond proceeds are used to develop a portfolio of Green Building by utilizing the MAGC incentive package provided by International Finance Corporation (IFC).
• Support lending units to develop potential pipelines to be financed by using Green Bond proceeds.
• Work in close coordination with Green Social and Sustainability Bond (GSSB) Committee and other relevant departments for follow up of implementation of deliberations.
• Coordinate periodic review of the Green Social and Sustainability bond framework.
• Ensure timely preparation of green bond use of proceed allocation and impact reports and dissemination of the same to various internal and external stakeholders.
• Identify the potential asset class e.g., renewable energy/ energy efficiency/ climate smart agriculture and establish the relevant requirements for eligibility using the standard eligibility criteria.
• Collect and apply data for eligibility criteria and ensure the eligible transactions are sent to the Climate Technical specialist (CTS) for further review and advise. He will provide guidance on eligibility while ensuring the cleared transactions are inputting into tool for assessment called CAFI.
• Responsible in the development of the narrative on the transaction for both the eligibility related issues and the overall expected impact including quantitative and qualitative aspects for bond proceeds allocation and impact reporting purposes.
• Ensure projects financed using green bond proceeds do not fall within projects or activities that are excluded from financing as per the exclusion list provided in the Green Social and Sustainability Bond (GSSB) framework.

Experience, Knowledge, and Skills Requirements

• Bachelor’s Degree in Agribusiness, Finance Climate Change, Banking, Economics, Accountancy, and or business-related and relevant qualification from an accredited institution.
• Possession of the following qualifications will be an added advantage: PA, ACCA, Certifications in Environment, climate Change or EHS Management certification etc.
• Minimum of 5 years with exposure and understanding of Climate and Green finance issues, challenges and practices especially in Africa working in the related role.
• Understanding of critical issues in sustainable development, international climate change issues, green and climate finance.
• Knowledge on sustainable banking and project management & monitoring including fundable proposal writings.
• Environment management skills, gender and social issues.
• Professional competence, administrative capabilities and initiative in the general organization and management of green financing.
• Analytical skills and ability to understand broad business issues.

Deadline: 29th May 2024