Senior Investment Officer - Asian Development Bank - Manila, Philippines

Infrastructure Finance Division 1, Private Sector Operations Department

Closing Date: 1 October 2012, 5:00 p.m. (1700 Manila Time, 0900 GMT)

Job Purpose:

Provide technical support and coordination to the Infrastructure Finance Division 1 (PSIF 1) of the Private Sector Operations Department in the processing of ADB’s private sector investments and technical assistance.
Assist in the identification, development, implementation and administration of private sector infrastructure financing projects to contribute to ADB’s developmental directions for the private sector and the overall goal of reducing poverty.

Expected Outcomes

Strategy and Planning
- Contribute to the development of policy and strategies for ADB’s developmental goals for the private sector in consultation with relevant stakeholders.
- Assist in developing a pipeline of private sector infrastructure projects.

Project Processing
- Assist in the identification, development and processing of projects to be considered for private sector infrastructure financing, undertaking the needed due diligence, risk analysis and mitigation work towards the structuring of loans, equity investment, guarantees or other forms of assistance.
- Undertake the implementation and administration of private sector infrastructure programs and projects, ensuring compliance with required guidelines, policies and procedures as well as agreed covenants and reporting requirements.
- Apply proper risk management in projects and raise key issues as needed.
- Contribute in the areas of credit and financial due diligence by developing financial models and in general assessing the risk and credit profile of proposed infrastructure investments in the form of debt, equity and guarantees, and reviewing contracts and project documents.
- Analyze financial statements and financial projections/models; perform sensitivity analysis and stress testing and make necessary recommendations.
- Participate as a team member in due diligence missions and provide technical support and recommendations to Team Leaders in negotiations with project developers, sponsors, and financiers to facilitate the financial closing of transactions and implement projects.
- Negotiate with project developers, sponsors, and financiers to facilitate the implementation of transactions and underlying projects.
- Represent ADB in specific transactions with external technical advisors, consultants and lawyers
- Undertake relevant industry and country research, as needed, as a part of transaction risk assessment and make recommendations to the project team leader
- Prepare the initial and final credit memorandum, summaries of project documents, risk assessment analyses and other required documents as may be needed from time to time throughout the project processing cycle.
- Engage with the Office of Risk Management and the Safeguards Specialists to address credit-related and other issues in respect of transactions under processing.
- Prepare presentation materials and brief the team on findings and recommendations for the Investment Committee meetings and other meetings.
- Oversee the documentation and maintenance of comprehensive credit files related to transactions under processing.


Others
- Provide assistance in project administration, as needed, by participating in review missions; supervising the disbursement of approved investments; participating in negotiations with project developers, sponsors, and financiers; and analyzing progress reports from review missions.
- Perform other tasks as assigned and reflected in the incumbent’s workplan

Educational Requirements:

• Bachelor's degree in Finance and/or Accounting, preferably with MBA, CFA or CPA advanced training

Relevant Experience And Other Requirements:

Work experience

• At least 8 years of relevant experience, preferably in project finance or corporate finance, and at least 4 years of supervisory experience

Technical knowledge

• Demonstrates knowledge and understanding of Bank operational processes and procedures.
• Proven ability to undertake research and analysis on difficult but well defined tasks, collect and organize required data and information, apply appropriate computer skills in organizing and analyzing the data; and prepare notes, papers and sections of reports.

- Good analytical thinking with ability to comprehend causal links, make pros and cons analysis, and analyze factors to reach a decision.
- Effective report-writing and communication skills in English
People and leadership skills
- Able to guide Administrative Staff (AS) to facilitate work planning, delivery and quality review
- Able to work collaboratively with teams as a constructive team member.

• Strong oral and written communications skills

Core Competencies:

Application of Technical Knowledge and Skills

• Applies updated advancements in own knowledge area to relevant tasks
• Applies knowledge and practical skills to independently perform some complex tasks
• Conveys the need to use updated project approaches

Client Orientation

• Delivers Divisional contributions across a variety of products and services to meet the needs of different clients
• Proposes options to clients that may better meet their needs than current approaches
• Defines and delivers to agreed standards with clients

Achieving Results and Problem Solving

• Conducts detailed research and analysis to determine appropriate methods for addressing the causes of issues
• Self-monitors achievement of results according to work plans
• Identifies different stakeholder needs and desired outcomes when planning for outcomes
• Independently solves problems and makes recommendations

Working Together

• Maintains collaborative relationships within the Department
• Works effectively with diverse colleagues in own and other Divisions and Departments
• Flexibly alters positions and adjusts previously stated points of view to support the group consensus
• Follows through on team priorities in the absence of a team leader

Communication and Knowledge Sharing

• Checks with audience’s level of understanding and awareness of required follow up actions
• Consistently seeks and addresses feedback on own performance
• Creates knowledge products endorsed for wider distribution
• Independently amends and clarifies messages and documents

Innovation and Change

• Actively supports work improvement and/or organizational change by work and deed
• Develops and adopts change plans to support Division initiatives on which one works
• Considers current and future client needs in proposing ideas
• Vocalizes early support for change
• Recommends inputs to new policies, systems and processes in immediate work area

Immediate Reporting Relationships / Other Information:

• Supervisor: Director and/or designated International Staff
• The following staff positions may be supervised by the incumbent:
  • Administrative Staff

Note: Applications for current vacancies are received through the ADB Recruitment Center (ARC), a system that automates ADB's recruitment process. ARC facilitates the submission of applications, and enables applicants to check status of their applications on ADB's website. You will need to create an account before making any submissions.