Senior Markets Development Advisory Officer
Job Vacancy | Tuesday, May 7, 2024
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- Reference Number 240320 Position Level NS 3 Department Office of Markets Development and Public-Private Partnership Division Advisory Division 2 Location Asian Development Bank Headquarters Date Posted Tuesday, May 7, 2024 Closing Date Tuesday, May 21, 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 Senior Markets Development and Advisory Officer is assigned to the Markets Development Advisory Division 2 (OMDA2) within the Office of Markets Development and Public-Private Partnership (OMDP). You will be based at our Headquarters in Manila, Philippines.
You will report to Director, OMDA1, and/or Designated International Staff and will oversee administrative staff.
Your Role
As a Senior Markets Development and Advisory Officer, you will provide operational support to OMDP and will contribute in project structuring, stakeholder coordination and conducting financial and commercial analyses, including building and/or updating financial models for PPP and related transactions.You will:
Transaction Advisory Services/PPP Operations
- Assist implementation of OMDPโs vision, goals, work plan and development strategies with high-quality output in line with Strategy 2030.
Assist in the internal processes for approval and implementation of TAS mandates, which includes preparation of PPP and PSD-related materials and related TAS project documents.
Assist in the implementation and administration of technical assistance.
Assist the selection and management of individual consultants who support project teams, including designing of their terms of reference.
Engage in OMDPโs research and PSD activities for specific themes, including market environment, PPP policies and regulatory frameworks in ADBโs DMCs, key transaction details, etc. Contribute to OMDPโs knowledge management activities and lead the establishment and maintenance of PPP data base for knowledge sharing with internal/external clients. Support preparation of country partnership strategy and indicative country and pipeline monitoring for the countries identified to have PPP as its significant component, including preparation of a PPP action plan.\\ Effectively coordinate with external stakeholders (governments, development partners, civil society, and private sector entities) and internal stakeholders, including experts in other departments, and support regional and solutions departments to achieve their relevant targets and develop strategies and processes for PSD. Provide guidance and support to administrative staff to conduct their duties in a smooth and timely manner. Perform other duties and tasks that may be assigned by the supervisors.
Qualifications
You will need:
โ Bachelorโs degree in business administration, economics, finance or other relevant fields, preferably with Masterโs degree or equivalent.
โ At least 8 years relevant work experience, with at least 5 years PPP/TAS project structuring, and at least 4 years of supervisory experience.
โ Strong analytical and due diligence skills in relation to PPP-related policies and infrastructure projects. Relevant experience in financial modelling for PPP projects
โ Demonstrated knowledge and understanding of broad issues of PPP policy, project development and infrastructure finance.
โ Excellent written and verbal communication skills in English.
โ Proficiency in MS Office (Word, Excel, PowerPoint, etc.) applications, including developing simple macros and automations.
โ Excellent interpersonal and communication skills.
โ Ability to work collaboratively with teams as a constructive team member.
โ Ability to work with individuals from different cultural/national backgrounds.
โ 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.
ยท Paid leave (including parental)
ยท Medical and health benefits
ยท Life and other insurance plans
ยท Staff development
ยท Retirement plan
ยท Housing and education allowance (if applicable)
ยท Expatriate benefits (for international staff)
Additional Information
This position has been created as part of the Workforce Rebalancing Framework, which is a multiyear initiative (2022-2027) aimed at increasing in-house expertise in key operational areas that was previously sourced from consultants through ADBโs technical assistance. The goal is to strengthen in-house expertise to enhance the quality of ADBโs policy dialogue, operations, and knowledge solutions delivery by collaborating closely with developing member country clients. Expected candidates are seasoned experts in the advertised area(s) with strong field experience who can lead policy dialogue and project work with emphasis on providing knowledge solutions. Staff may undertake short-term assignments in other groups, departments or offices only when the expertise in the advertised area(s) is needed by those groups, departments or offices.
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.
At the end of the initial period, ADB, as its discretion may: (a) renew a fixed term appointment or assignment, (b) not renew a fixed term appointment.
This opening is a local staff position. It is open only to nationals and residents of the Philippines.
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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