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 Operations Officer is assigned to the Infrastructure Finance Division 2 (PSIF2) within the Private Sector Operations Department (PSOD). You will be based at our Headquarters in Manila, Philippines.

You will report to the Director, PSIF2 and designated International Staff and National Staff; and may oversee administrative staff.

Your Role

The Investment Officer will support PSIF2 in administering technical assistance (TA) funds and coordinating related contracting activities. The primary objective of this position is to facilitate the effective utilization of TA funds. By ensuring efficient consultant recruitment, effective contract management, and compliance with the reporting standards of ADB and donors, the incumbent will play a vital role in ensuring the proper utilization of TA resources. An additional objective is to provide technical support and coordination in the processing of ADB’s private sector investments in Southeast Asia, the Pacific and East Asia regions. This involves contributing to the identification, development, implementation and administration of private sector infrastructure financing projects.

You will:

• Effectively implement Technical Assistance projects (TA) managed by PSIF2. Oversee TA administration activities, such as recruitment of TA consulting firms, individual consultants, and resource persons; processing of change in scope and implementation arrangements; monitoring of consultant’s inputs and processing of related claims for payments; processing of contract variations; and assists in the closure of physically completed TA projects. Work closely with colleagues in PSIF2 and other departments (including but not limited to Sectors Group, Private Sector Operations Department, Office of Markets Development and Public-Private Partnership, Climate Change and Sustainable Development Department, and others) and resident missions in implementing the TA.
• Assist in formulating and reviewing new TAs. Work closely with Project Teams and lead the monitoring of fund utilization and delivery of output and outcomes.
• Assist in designing and processing of new TAs to support PSIF2 transactions. Coordinate the processing and approval of new TAs and ensures that required documents are in order.
• Prepare regular reports on the utilization and status of TA funds. Ensure timely submission of reports to relevant ADB units and stakeholders. Coordinates with ADB offices that are part of the TA processing and administration.
• Participate in missions for TA conceptualization, preparation, implementation, monitoring and evaluation.
• Coordinate the preparation of inputs for the annual work program and/or budget and assists in finalizing PSIF2’s submissions related to ADB’s annual planning and budget exercises and mid-year reviews of annual budgets.
• Develop and disseminate climate-related knowledge products, showcasing innovative practices and private sector case studies for example.
• Support a wide variety of initiatives at HQ, including knowledge sharing, and strategy related.
• Perform other duties that may be assigned as reflected in the incumbent’s work plan.

Qualifications

You will need:

• Bachelor’s degree in economics, finance, business administration, or related fields; advance training in MDB (Multilateral Development Bank) technical assistance is preferred.
• At least 8 years of relevant work experience.
• Extensive knowledge of ADB or similar multilateral development banks’ policies in a wide range of areas including project processing, administration, accounting, procurement, and general administration.
• Ability to research, analyze and check data from external and internal sources, reconcile or explain inconsistencies and perform statistical calculations.
• Experience with ADB’s Integrated Disbursement System (IDS), Consultant Management System (CMS), TA Request for Payment (TA RFP) and eOperations (eOps).
• High level of proficiency in use of the Internet and standard ADB computer applications.
• Ability to work collaboratively with teams as a constructive team member.
• Strong verbal and written communications skills in English.
• Please refer to the link for ADB Competency Framework for National Staff 2.

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.

• Paid leave (including parental)
• Medical and health benefits
• Life and other insurance plans
• Staff development
• Retirement plan
• Housing and education allowance (if applicable)
• Expatriate benefits (for international staff)

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.

PSOD provides investment capital to private sector entrepreneurs, corporates and project sponsors, as well as financial intermediaries, such as banks, throughout developing Asia. It catalyzes, structures, and fund 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. To learn more about PSOD, watch this video.

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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