Job Title: Junior Professional Officer, Investment Specialist
Organisation: Asian Development Bank (ADB)
Location: Manila, Philippines
Closing Date: 14 August 2020
Salary: Not Stated
Contract Type: Fixed Term
Working Pattern: Full Time
Sponsors international candidates? Open to German nationals only
The position will be assigned within the Private Sector Operations Department (PSOD). 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 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.
Depending on the skills set of the selected candidate, the Investment Specialist will support the origination, development, due diligence, approval and implementation of projects from one of the following key areas:
non-sovereign infrastructure projects (including agribusiness, health and education);
financing of non-sovereign banks (including trade and supply chain finance) and non-bank financial institutions; and
The incumbent will report to the assigned Director and will supervise administrative staff.
Role and Responsibilities
Project Development and Processing
Supports the identification and development of the project pipeline;
Processes projects through Board approval and financial closure;
Undertakes and manages the necessary due diligence, financial modelling, risk analysis and mitigation in the structuring of loans, equity investments, guarantees, B-loans or other forms of ADB assistance;
Supports the internal approvals process including interface with credit, safeguards, integrity, legal and other teams as well as management and the Board;
With the support of internal and external counsel, ensures all deals with appropriate legal documentation is successfully concluded in line with approvals and that financial close (i.e., first disbursement) is achieved in a timely fashion; and
Undertakes the implementation and the hand-over of administration of private sector investments, ensuring compliance with required guidelines, policies and procedures as well as agreed covenants and reporting requirements up to financing effectiveness
Supports active relationships with commercial lenders and other financial partners in the region, developers, investors and governments; and
Assesses and structures transactions to maximize the potential for commercial cofinancing and catalyzing of additional sources of capital.
Maintains and shares knowledge (inside and outside ADB) on lessons learned from private sector operations and emerging best practices in areas of expertise; and
Participates in and contributes to activities for advocacy, dissemination and knowledge building relating to ADB’s integrity, governance and safeguard policies.
Provides leadership and support to reporting staff;
Supervises the performance of reporting staff, provides clear direction and regular monitoring and feedback on performance; and
Ensures the on-going learning and development of reporting staff.
Experience and Qualifications
Master's Degree in business administration, finance, or related fields.
At least two years of relevant financial and emerging markets experience in the private and finance sector, including hands-on experience in analyzing credit risks, structuring and executing loans and equity investments.
Hands-on experience in originating loans, guarantees and/or equity transactions, managing due diligence, financial modeling, mitigating credit and other risks, negotiating term sheets and finance documentation and related project/corporate finance activities.
Good understanding of how to conduct advanced credit and valuation analysis in respect of one or all of project and corporate finance transactions, financial institutions and private equity funds; a deep understanding of debt and equity markets and products
Experience in risk management, including rating methodologies, risk categories (market risk, credit risk, operational risk), etc.
Specific and relevant experience in emerging market financing and investments, preferably in developing Asia and/or the Pacific.
Excellent oral and written communication skills in English and the ability to communicate effectively to management.
Full job details in the attached job description. Please send your JPO application directly to the Office Managers to International Organizations (BFIO), at email@example.com.
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