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 Portfolio Management Division (PSPM) within the Private Sector Operations Department. You will be based at our Resident Mission Office in Tbilisi, Georgia (GRM)

You will report to the designated PSPM International Staff; with administrative reporting to the Country Director of GRM and the designated PSPM International Staff.

Your Role

As an investment Officer, you will work alongside dealing officers from portfolio teams. The position is responsible for all risk and client relationship aspects of assigned transactions from first disbursement to final repayment and works with multiple PSOD staff and a wide range of internal and external stakeholders.

Geographic and transaction focus: A large part of the portfolio to be covered will be in lending to infrastructure and project finance in the Caucasus (Armenia, Azerbaijan, and Georgia) with power transactions and corporate finance (health care, agribusiness, others) and will require travel to ADB developing member countries (DMCs). Engagement with GRM colleagues, across functions, is a requisite of the position, with strong knowledge sharing, and involvement in a wide variety of Caucasus-focused ADB initiatives.

Qualifications

You will:

a. Credit monitoring

• Undertake the preparation of credit monitoring reports (annual, semiannual or quarterly);
• Analyze client financial data, problems and remedial actions
• Work with dealing officers regarding warning signals or potential problems in transactions and design and coordinating remedial action; and
• Participate in missions related to monitoring of projects.

b. Project monitoring

• Ensure adherence by clients to their obligations for submission to ADB of periodic reports on time and accurately and make follow-ups;
• Undertake communication with clients in case of covenant breaches or unexpected developments in a transaction;
• Work with clients and other PSPM staff to design remedial measures (waivers, demand letters, others) and implement them jointly with other ADB departments (Office of Risk Management, Office of the General Counsel, Treasury Department, Controller’s Department and others);
• Monitor the development effectiveness parameters and environmental and social management system compliance of transactions for compilation in PSOD’s Development Effectiveness Report;
• Implement technical advisory programs arranged for clients or projects; and
• Support client-relationship management and participate in face-to-face meetings and/or business trips.

c. Disbursements

• Ensure processing of disbursement requests, review of withdrawal applications, verification of compliance with disbursement conditions and/or loan covenants, follow up on submission of required documents and review of their completeness and/or validity;
• Prepare correspondence, and re-estimate project costs and ADB’s share of financing commitments;
• Ensure the development of disbursement projections, actual disbursements, and tracking of shortfalls and identify the underlying causes of such shortfalls.

d. Database maintenance

• Ensure completeness of database of legal documentation, financing and security documents and project contracts for new project approvals, as well as completeness of documents created in PSPM post-origination; and
• Support the creation and maintenance of project related databases, tracking portfolio size, composition, and other characteristics, for management information.

e. Project Annual Reviews and Project Completion Reports

• Perform desk review, collects data, assess financial and developmental performance of projects, conduct interviews and participate in missions to evaluate projects for extended annual review reports (XARR); and
• Prepare XARRs jointly with PSOD staff or consultants

f. Administrative and Planning Support

• Participate in the planning of various initiatives designed to facilitate PSPM’s interaction with other ADB departments and in the development of systems and procedures to facilitate liaison and contact with partner institutions; and
• Coordinate the preparation of inputs for the annual work program and/or budget and assist with finalization of PSPM’s submissions related to ADB’s annual planning and budget exercises and mid-year reviews of annual budgets.
• Support a wide variety of initiatives at GRM, including participation in cross-functional meetings, knowledge sharing, and strategy related.

You will need:

• Bachelor’s degree in finance, business or related fields, preferably with Master’s degree or equivalent
• At least 8 years of relevant work experience, in the field of corporate finance, project finance, or infrastructure finance, with a leading international financial institution, infrastructure fund, developer, or consultancy firm;
• Excellent understanding of finance business principles and strong skills in client management.
• Strong financial and credit analysis skills in multiple financial products including loan, equity investments, and guarantee.
• Strong analytical thinking skills, with ability to comprehend causal links, make pros-and-cons analysis, and analyze factors to reach a decision.
• Ability to independently identify tasks and priorities within the area of responsibility and to formulate and execute plans for the completion of such tasks.
• Proven ability to undertake research and analysis on difficult tasks.
• Ability to collect and organize required data and information, apply appropriate computer skills in analyzing and organizing the data, and prepare notes, papers and detailed, reports.
• Skills and confidence required to conduct discussions and negotiations with clients with limited supervision.
• Ability to work with teams in a multicultural setting and guide junior staff to facilitate work planning, delivery and quality review.
• Excellent written and verbal communication skills in English.