Investment Specialist

Job Vacancy | Thursday, October 24, 2024

Join Our Mission to Foster Prosperity in Asia

Are you looking to have 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 Specialist is assigned to the Portfolio Management Division (PSPM) within the Private Sector Operations Department. You will be based at our Headquarters in Manila, Philippines. You will have the opportunity to be assigned in one of ADB’s Resident Missions.

You will report to the Director, PSPM and will oversee National Staff and Administrative Staff.

Your Role

As an Investment Specialist, you will work directly with clients, taking responsibility for designated accounts within PSPM’s overall portfolio of debt and other investments in infrastructure projects and corporates in developing Asia.

You will:

a. Management of Accounts

• Assume primary account and relationship responsibility for assigned accounts, driving a “no surprises” culture, with emphasis on early problem recognition, escalation of issues, and solutions; and
• Review and endorse consent, waiver and amendment requests, annual reviews, ratings, and other documents

b. Portfolio Management

• Oversee the monitoring of the financial health and development impact of the portfolio;
• Monitor periodic progress reporting of project implementation, compliance with financial covenants, compliance with environmental and social safeguards standards;
• Monitor payment of fees and loan servicing;
• Monitor the tools being used for financial analysis, risk evaluation and review, and measures to mitigate risks;
• Ensure quality and consistency of reports and communication;
• Assess the impact of prospective new financings on existing portfolio;
• Oversee the quality of project records in ADB’s online document management system or other equivalent systems; and
• Identify risks and project implementation problems, leading the identification of action plans to mitigate such risks, and may be involved in restructuring, or workout activities.

c. Strategy and Planning

• Prepare and monitor portfolio management plans;
• Design tools, instruments and models to improve PSOD’s portfolio or a specific component of the portfolio, and execute; and
• Lead and participate in initiatives and change projects.

d. Knowledge Center for Governance, Risk Advisory, and Development Impact

• Measure expected development, environmental and social safeguard outcomes in existing and proposed interventions, in close liaison with internal stakeholders; and
• Lead portfolio reviews, credit reviews, and extended annual review reports (XARRs).

e. External Liaison and Knowledge Sharing

• Maintain and share knowledge of latest best practices in project and corporate financing, corporate social responsibility, and overall investment management;
• Develop relationships with business leaders in developing Asia; and,
• Analyse and report on market and investment trends.

f. Staff Management

• Create and lead diverse teams and ensure the quality of work;
• Manage the performance of teams and individuals, providing clear direction and regular monitoring and feedback on performance; and
• Provide mentoring to team and individuals and ensure their ongoing learning and development.

Qualifications

You will need:

• Master’s degree, or equivalent, in business administration, finance, or related fields; university degree in these fields, combined with specialized experience, may be considered in lieu of a master’s degree
• At least 8 years of relevant professional experience in corporate and/or project finance, with a leading international financial institution, including hands-on experience in project and portfolio management and administration
• Advanced credit analysis, in respect of project and/or corporate finance; a deep understanding of debt capital markets and products
• Experience in risk management, including rating methodologies, risk categories (market risk, credit risk, operational risk), etc.
• Extensive knowledge of loan, investment and credit products
• To lead negotiations with a broad spectrum of stakeholders, including borrowers, sponsors, and co-lenders
• Excellent oral and written skills in English
• International experience working in several countries

Please refer to the link for ADB Competency Framework for International Staff Level 4.

Benefits

ADB offers 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)

Additional Information

ADB will be rolling-out a new job grading structure on 1 January 2025, which may result in a change of the position grade and title with no change in the terms of reference. By proceeding with your application, you acknowledge and accept the possibility of such changes resulting from the new job grading structure.

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 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 our Strategy 2030.

ADB only hires nationals of its 69 members.

To view ADB Organizational Chart, please click here.

ADB wants 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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