The Development Bank of Rwanda is the only Development Bank mandated to support Rwanda’s development goals. Over the last year, the bank has undergone substantial re-organization aimed at positioning it as a “world class finance institution focused on accelerating Rwanda’s economic transformation”.


In order to achieve this vision, the bank’s new strategic plan (2016-2020) has outlined 4 key strategic themes;

To help accomplish this ambitious and exciting vision, The Development Bank of Rwanda (BRD) in partnership with the Government of Rwanda under World Bank Scaling-up Renewable Energy Program (SREP) would like to recruit suitable qualified staff to the following positions:




Duties and Responsibilities

Job requirements

Investments Officer

(1 Staff)


Apply online

·  Identification of new opportunities;

·  Ensuring that PFIs (Participating Financial Institutions) have dedicated investment officers focused on the REF portfolio and adequate procedures that meet the REF (Renewable Energy Fund) OM (Operations Manual) requirements;

·  Provide technical information to PFIs related to their REF related portfolios and provide advice and guidance to PFIs on details on using and managing REF tranches;

·  Review the portfolio to be refinanced ensuring that the eligibility criteria in OM have been met and specify the refinancing amount and terms and conditions;

·  Review the utilization of funds by a PFI to confirm that the OM requirements were followed for any new tranches;

·  Prepare periodic reports on respective PFI portfolios and REF utilization.

·  A degree in finance, management, accounting, economics or related discipline;

·  Minimum of 4 years of work experience in project finance or investment;

·  Strong financial, credit and structuring skills;

·  A thorough understanding of the entire lending process;

·  Knowledge of relevant industry sector challenges;

·  Business development and client relationship skills;

·  Interpersonal skills and ability to communicate clearly across all lines of business;

·  Relevant computer skills.


(1 Staff)


Apply online

·  Reconcile the General Ledger Accounts and prepare necessary adjustments;

·  Prepare withdrawal applications for funds request;

·  Maintain the GL within the stipulated bank policy;

·  Maintain a controlled chart of accounts that allows for adequate reporting in line with REF objectives;

·  Reconcile the Designated bank accounts;

·  Generate reports to the REF Management, Steering Committee, BRD Management and all stakeholders;

·  Prepare, file and initiate the payment process for all REF Drawdowns and keep up-to-date records;

·  Reconcile Creditors/debtors accounts with their respective statements;

·  Prepare schedules of analysis for expenses, income, assets and liabilities;

·  Closely works with all PFIs to enhance data collection, treatment and reporting.

·  University graduate in Accounting or Finance.

·  Fully qualified in accounting profession with a recognized institute (ACCA, CPA, CIMA)

·  At least 2 years post-qualification experience.

·  Knowledge of IFRS and Rwanda tax legislation.

·  Computer literacy with a high level of proficiency in spreadsheets and accounting software

·  High integrity and strong character.

·  Team player with good communication and interpersonal skills, and ability to supervise and coach others.

·  Problem solver with strong analytical and numeracy skills.

·  Proactive self-starter with strong organizational and time management skills.

Financial Reporting Officer

(1 Staff)


Apply online

·  Prepare periodic financial statements, including budgets, cash flows, forecast, variance analysis &commentaries;

·  Provide a support service by working with all departments & the management team to help make financial decisions;

·  Ensure expenditures are kept in line with the budget;

·  Informing key strategic decisions and formulating business strategies;

·  Analyze financial performance and contribute to medium and long-term business planning;

·  Offer professional judgement on financial matters and advise on ways of improving business performance;

·  Interpret and communicate financial data to non-financial managers;

·  Monitor and evaluate financial information systems and suggest improvements where needed;

·  Implement corporate governance procedures and risk management

·  Manage   the   process   for   data   collection   and   analysis;   including   coordinating   closely   with   the   relevant   stakeholders   for   data   planning, and collection for monitoring purposes;

·  Provide  periodic  reports  of development   impacts assessment, thematic and or by REF active window in close coordination with other external relevant stakeholders;

·  Enhance internal controls

·  A Masters degree in Accounting or Finance.

·  Fully qualified in accounting profession with a recognised institute (ACCA, CPA and CIMA)

·  Atleast 5 years at managerial level in the finance function

·  Experience   working   with   a   development   bank,   investment   bank   or   development financing institution

·  Knowledge of IFRS and Rwanda tax legislation.

·  Computer literacy with a high level of proficiency in spreadsheets and accounting software.

·   High integrity and strong character.

·  Team player with good communication and interpersonal skills.

·  Problem solver with strong analytical and numeracy skills.

·  Proactive self-starter with strong organisational and time management skills.

Credit Risk Officer

(1 Staff)


Apply online

·  Provide  the REF Project Manager with support covering the credit strategy, portfolio management, policies, procedures, processes and products;

·  Coordinate & oversee the collection of supporting information and evidence documentation for formal verification processes;

·  Support & liaise with the Financial Reporting Officer on the design and delivery of fit for purpose information to ensure accurate and consistent REF portfolio reporting;

·  Assess & maintain oversight of the credit risk quality by analysing the management information produced & sanctioning verifications;

·  Analyse and test compliance to conditions of sanction, monitoring and control, etc. to maintain the quality of the credit risk profile of the portfolios per REF window;

·  Develop appropriate aggregation models for assessing and reporting on a REF window portfolio basis by assessing exposure of credit risk.

·  A masters degree in Business Administration, Banking, Finance, Accounting, Statistics or related field

·  5 years’ experience in the financial services sector or risk management related environment;

·  Experience with credit analysis, portfolio management processes and monitoring of outcomes;

·  Knowlege of credit risk management and measurement practices;

·  Solid understanding of the credit appraisal process and  project finanace

·  Sound knowledge of credit rating models;

·  Advanced competencies in spreadsheets and financial modelling;

·  Excellent negotiation, influencing, interaction & people management skills

·  Sound organizational skills;

·  Extensive analytical skills as well as problem identification & solving skills

·  Good judgement and mental agility;

·  Strategic and logical thinking;

·  Results orientation and high level of integrity

·  Excellent oral and written communication skills

Portfolio Manager

Equity Investments (1 Staff)


Apply online

·     With support from investment officers, source new high impact and scalable equity investments including meeting with promoters and entrepreneurs, attending relevant conferences and networking events, and calling on new prospects;

·     Conduct detailed industry, business and financial due diligence on prospective investments.

·     Prepare in-depth financial and data analysis for potential investments, including customer and management references, market sizing and mapping, and industry research;

·     Develop financial models relating to financing, restructuring, valuation analyses & liquidity events;

·     Prepare and oversee the preparation of thorough equity investment memoranda and presentations to the relevant committees for consideration;

·     Maintain knowledge of existing investments and monitor financial performance;

·     Prepare quarterly investment analysis and write-ups of existing deals for management reporting

·     Plan, support and execute equity divestments. Undertake the comparison of exit alternatives and execution of approved exit options and exit management measures

·     Support portfolio company management teams on investment decisions

·     For annual reviews, evaluate and review risk monitoring and evaluation, financial analysis and equity valuation, and propose and oversee measures to mitigate identified risks

·     Represent BRD on the boards of investee companies

·     Prepare, review or approve covenant compliance reports, waivers and amendments, annual reviews, ratings, valuation reports, exit proposals and other documents such as fee payments, loan disbursements and repayments, receipt of income or dividends from equity investments.


·  The ideal candidate will have a minimum of 5 years’ experience in private equity, corporate finance or financial advisory in an audit or consulting firm.

·  University graduate in Accounting or Finance. An MBA will be a strong asset.

·  Fully qualified in accounting profession with a recognised institute (ACCA, CPA, CIMA) or CFA with at least 3 years’ post-qualification experience.

·  Excellent communication skills

·  ‘Can do’ attitude to getting work done

·  Team player who can also take on responsibility for transactions front to back;

·  Solid investment experience in a bank, private equity, venture capital, investment boutique, consulting firm or related roles;

·  Proven ability to work under the pressure of tight timelines associated with Equity and Capital Market products

·  Extremely strong problem solving skills to create workarounds to ensure successful settlement.

·  Ability to think ahead and anticipate issues in advance so they can be mitigated.

·  A good understanding of banking operations, clearing systems, payments

IT Systems Auditor

(1 Staff)


Apply online

·     Perform a variety of technical and complex auditing activities of automated information systems and operations

·     Document and analyze various procedures for the area to be audited; test production and application system; and make recommendations for incorporating adequate and cost effective controls

·     Review and recommend appropriate audit trails of automated systems in the process of development

·     Perform comparative studies and evaluate effectiveness of procedures

·     Review distributed/centralized systems for reliability of output, adequacy of controls and adherence to established standards of operation

·     Audit information processing operations

·     Provide training and technical support for non-information technology audit staff

·     Prepare a variety of technical and analytical reports and correspondence, documenting findings and recommendations

·     Guide on emerging operational, legal and regulatory compliance matters.


·  Bachelor’s degree in Finance, Accounting with additional qualifications in systems audit (CPA, CISA)

·  A minimum of 3 years’ experience in information systems auditing, one year of which must have included significant auditing assignments involving the review of computer based systems, use of the computer as an auditing tool and evaluation of automated systems in the process of development.

·  Knowledge of Principles and practices of information systems analysis

·  Understanding of methods and techniques used in performing internal audits

·  Experience in modern office procedures; methods and equipment including computers

·  Understanding of operational characteristics of applicable auditing software packages

·  Demonstration of principles of analytical report preparation

·  Knowledge of pertinent local laws, codes and regulations governing internal auditing procedures


Application Guidelines:


Interested candidate should apply on line ( and upload an application letter accompanied by copies of relevant educational/professional certificates together with a detailed Curriculum Vitae (C.V.)


Address all applications to the Chief Human Capital and Administrative Services in Development Bank of Rwanda.

Deadline for application: Friday, April 27, 2018 05:00 pm.

Details of the job descriptions are posted are posted on the BRD website:

Only candidates with the right qualifications and relevant experience shall be shortlisted and contacted for an interview.



Done in Kigali, the April 20, 2018