Senior Investment Officer
Job Vacancy | Wednesday, April 10, 2024
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- Reference Number 240269 Position Level NS 3 Department Private Sector Operations Department Division Office of the Director General, PSOD Location Asian Development Bank Date Posted Wednesday, April 10, 2024 Closing Date Wednesday, April 24, 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 Investment Officer is assigned to the Office of the Director General (OPSD) within the Private Sector Operations Department (PSOD). You will be based at our Resident Mission Office in Mongolia (MNRM).
You will report to the Deputy Director General and/or designated International Staff, with administrative reporting to the Country Director of MNRM; and will supervise administrative staff and consultants, as necessary.
Your Role
As a Senior Investment Officer, you will provide technical support in the screening, due diligence, structuring, obtaining of approvals, negotiation, implementation and closing of successful direct debt financing, guarantees, equity investments, and technical assistance programs in food and agribusiness companies across ADBโs developing member countries. The incumbentโs core focus will be Mongolia, which may occasionally include transactions beyond food and agribusiness (e.g. rural tourism, manufacturing, services).
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:
Project Processing - Lead and provide technical and coordination support in the identification, development, and processing of transactions to be considered for ADB private sector direct agribusiness investment.
Transaction Origination
Lead and assist in developing a pipeline for ADB private sector direct agribusiness investment by identifying potential debt or equity transactions presenting both a strong developmental impact potential and robust financial profile. Provide industry, market, financial and credit information on targeted companies. Lead and nurture active relationships with food and agribusiness companies, financiers, and various advisors in the region, and particularly in the Mongolia.Handover of portfolio projects:
Lead and coordinate the handover of portfolio projects from AIT to PSODโs Portfolio Management division (PSPM). This includes the preparation of waiver, amendment, and consent (WAC) forms. Lead and coordinate the timely handover process. This requires passing on the full documentation and knowledge associated with a transaction.Strategy and Planning:
Coordinate work with other PSOD teams and departments on project related and strategy policy matters, including with PSODโs Risk Analytics Unit (RAU). Participate in the New Operation Modelโs pilot of closer collaboration with the Agriculture, Food, Nature, and Rural Development Sector Office (SG-AFNR). Support MNRM and EARD with the Mongolia CPS work and other government engagement.Knowledge Sharing
Qualifications
You will need:
Bachelorโs degree in Business Administration or Finance or equivalent. Preferably with a Chartered Financial Analyst (CFA) certification or a masterโs degree in business administration, finance, or equivalent At least 8 years work experience (including at least 4 years of supervisory experience) in corporate and project lending and equity investments with exposure to the food and agribusiness sector in Asia Understanding of financial modeling, equity valuation, corporate and project finance, and other core banking and investment skills Knowledge of ADBโs policies and processes would be advantageous Written and verbal proficiency in English and Mongolian Please refer to the link for ADB Competency Framework for National Staff Level 3.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 Mongolia Resident Mission (MNCM) 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 Mongolia.
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.
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.
Visit ADB Careers FAQ for more information.
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