Investment Officer
Job Vacancy | Thursday, April 25, 2024
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- Reference Number 240277 Position Level NS 2 Department Private Sector Operations Department Division Private Sector Financial Institutions Division Location Asian Development Bank Date Posted Thursday, April 25, 2024 Closing Date Friday, May 10, 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 Investment Officer is assigned to the Financial Institutions Division (PSFI) within the Private Sector Operations Department (PSOD). You will be based at our Resident Mission Office in Peopleโs Republic of China (PRCM).
You will report to the Director, PSFI and designated International Staff and senior National Staff, with administrative reporting to the Country Director of PRCM.
Your Role
As an Investment Officer, you will support the PSFI, specifically work relating to on-boarding and structuring of new loans and investments to financial institutions (FI) entities in East Asia. The Investment Officer will handle independent responsibilities and work closely with ADBโs clients, internal and external stakeholders and the PSFI team. The responsibilities are across analytical, business development and other support activities, related to the FI operations that are core to PSFI operations. The position is core to the goals of ADBโs New Operating Model, with a stated goal to locate staff closer to clients in the region, making it easier for clients to work with ADB, create new business opportunities, improve ADBโs understanding of local contexts, and create more opportunities for impactful solutions.
You will:
Business Development - Participate in discussions with existing and potential FI clients (banks and non-banks) and partners to support the growth of PSFI Portfolio in East Asia;
Project Processing
Manage the workflow and client-engagement process for financial and operational analysis and full-scale financial and operational due diligence of FIs to process ADB loan and equity operations. Engage with clients as well as the main target beneficiaries of ADBโs FI operations, through remote and on-site visits and closer interaction with clients. Prepare financial analysis and project documents write-up as part of ADB approval process for loan, equity and blended finance operations committees. Contribute to periodic portfolio review of FI operations in East Asia, for internal assessment and reporting to Office or Risk Management (ORM) as well as to other ADB stakeholders. Provide analytical inputs for internal reporting and monitoring of PSFI operations. Coordinates the overall PRCM/PSFI workflow and support allocation of resources and scheduling of activities to ensure time processing of proposals; and Work extensively with key stakeholders like the ORM, for preparing and sharing credit related updates and financial analysis on prospective FI clients for the PSFI portfolio.Others
Analyze developments in the financial sector in ADB developing member countries (DMCs) and specifically in the key markets in East Asia. Develop technical assistance proposals as needed to support the enhancement of high impact operations for PSFI in the digitization, social/sustainable finance, gender lens and/or climate finance themes; Support PSFIโs knowledge building and knowledge-sharing activities by contributing to Program events, seminars discussions, blogs and conferences.Qualifications
You will need:
Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADBโs standards and comparator markets, taking into account your qualifications and experience.
Additional Information
This position is for outposting to People's Republic of China Resident Mission (PRCM) and is open to internal and external applicants. If you are an external candidate, you may initially be based in HQ before being outposted. If you are an internal candidate, the outposting will be immediate.
This opening is a local staff position. It is open only to nationals and residents of People's Republic of China.
This is a fixed term appointment with option to renew for an initial period of three (3) years following Section 3.1 (b) of Administrative Order No. 2.01 (โRecruitment and Appointmentโ). This appointment is not convertible to a regular appointment. It may be extended on an exceptional basis for a further fixed period at the option of ADB. This appointment is open to internal and external applicants.
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.
PSFI is responsible for deal identification and structuring, due diligence and approvals, to signing and first disbursement for funding bank and non-bank financial institutions in all ADB developing member countries. Within PSFIโs activities, the position is specifically for PRCM, to support PSFIโs lending and equity investment operations origination in East Asia from the PRCM office.
PSOD provides investment capital to private sector entrepreneurs, corporates, and project sponsors, as well as financial intermediaries, such as banks, throughout developing Asia and the Pacific. It catalyzes, structures, and funds investments in privately held and publicly listed companies including state-sponsored companies across a wide range of industry sectors. Its emphasis is on commercially viable transactions that generate financial returns while also delivering on ADB's organization-wide mission to promote environmentally sustainable and inclusive economic growth.
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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