Associate Project Analyst
Job Vacancy | Monday, May 6, 2024
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- Reference Number 240300 Position Level AS 6 Department Private Sector Operations Department Division Portfolio Management Division, PSOD Location Asian Development Bank Date Posted Monday, May 6, 2024 Closing Date Monday, May 20, 2024 11:59 p.m. (2359 Manila Time, 0800 GMT)
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a lasting impact on the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.
Organizational Setting and Reporting Relationship
The position of Associate Project Analyst is assigned to the Middle Office function within Private Portfolio Management Division (PSPM) within the Private Sector Operations Department (PSOD). You will be based at our Headquarters in Manila, Philippines.
You will report to the designated International Staff and National Staff in PSPM.
Your Role
As an Associate Project Analyst, you will work as a member of the PSOD Middle Office that is responsible for the credit administration process and for client services in terms of onboarding, disbursements, covenant monitoring and billing. The role involves working with borrowers, multiple PSOD staff and a wide range of internal and external stakeholders.
You will:
Onboarding and Closing - Ensure accurate system entries to reflect transaction approvals, signings, terminations and cancellations; and
Project Monitoring
Ensure adherence by clients to their obligations for timely and accurate submission to ADB of periodic reports and follows up as needed; Coordinate with Deal Teams in case of covenant breaches or unexpected developments in a transaction; and Coordinate with other ADB units on further review and action on relevant reports received.Disbursements
Ensure processing of disbursement requests, review of withdrawal applications, verification of compliance with disbursement conditions and/or loan covenants, follow up on submission of required documents and review of their completeness and/or validity.Database Maintenance
Ensure completeness of database of legal documentation, financing and security documents and project contracts for new project approvals, as well as completeness of documents created in PSPM post-origination; and Support the creation and maintenance of project related databases, tracking portfolio size, composition, and other characteristics, for management information. Administrative and Planning Support Participate in the planning of various initiatives designed to facilitate PSPM's interaction with other ADB units and in the development of systems and procedures to facilitate the credit administration process; and Coordinate the preparation of inputs for the annual work program and/or budget and assists in finalizing PSPM's submissions related to ADB's annual planning and budget exercises and mid-year reviews of annual budgets. Support a wide variety of PSPM initiatives, including participation in cross functional meetings, knowledge sharing, and strategy related.Qualifications
You will need:
Bachelor's degree in finance or business or related fields. At least 5 years work experience preferably in the field of lending and equity investments in corporate financing, project finance, infrastructure finance, or financial institutions preferably with a leading international financial institution, investment bank, infrastructure fund or consultancy firm. Excellent understanding of finance & business principles, and strong skills in client management. Good negotiations skills. Ability to independently identify tasks and priorities within the area of responsibility; formulate and then execute plans for the completion of such tasks. Ability to work in a multicultural setting and strong team player. Excellent written (including effective report writing) and verbal communication skills in English is required Please refer to the link for ADB Competency Framework for Administrative Staff Level 6.Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB’s standards and comparator markets, taking into account your qualifications and experience.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.
ADB only hires nationals of its 68 members.
To view ADB Organizational Chart, please click here.
ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.
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