Infrastructure Finance Division 1, Private Sector Operations Department
Closing Date: 14 November 2012 , 5:00 p.m. (1700 Manila Time, 0900 GMT)
Job Purpose:
Lead in the identification (origination and transaction screening), development (structuring, negotiation and credit processing), implementation (approvals and financial closing) and administration (disbursement, credit and portfolio management) of private sector infrastructure finance, to contribute to ADB’s development objectives for the private sector and the overall goal of reducing poverty. Ensure the ongoing financial and structural soundness, development impact and alignment of the transactions to ADB’s overall mission, strategies and policies. Infrastructure financings (project finance, public-private partnership, or occasionally corporate in nature) include activities in various sectors including energy (with a particular focus on clean energy), transport, telecoms, water and waste, education, and agribusiness, while products may include loans, equity, guarantees and technical assistance. Work within a framework of broad Bank policies, principles and goals, working directly with clients, applying a high degree of autonomy in selection of work methods.Expected Outcomes
a. Project Management- Lead in the identification of innovative private sector project or corporate transactions that are structurally and financially sound, aligned with ADB’s developmental goals for the private sector and congruent with ADB’s mission, strategies and policies.
- To this effect, cultivate and maintain productive relationships with clients, commercial banks, bilateral and multilateral finance institutions, host governments, potential co-investors, and other participants and stakeholders.
- Lead in the initial analyses/screening of investment proposals and respond to proposal-related external and internal requests for information.
- Lead in the structuring, processing and delivery of suitable transactions by undertaking various activities such as initial discussions with clients/potential co-investors in respect of confidentiality agreements, mandate letters, due diligence information requests; coordinating the selection and hiring of consultants; participation in due diligence; conducting or overseeing financial analysis work such as financial modeling and valuation (including internal project risk rating and pricing models); providing technical input, structuring, stress testing and validation of the transaction; preparation, presentation and management of credit and board papers and environmental and social reporting, assisting or leading in the negotiation of the financing documentation, ensuring smooth and timely closing; and other related activities.
- Lead in the robust administration, monitoring and reporting of transactions that have achieved financial close, by undertaking activities such as monitoring clients’ reporting undertakings and other covenants, periodically monitoring and analyzing financial results of clients/transactions, monitoring development impacts, generating monitoring reports, actively participating in annual review meetings with the clients, recommending corrective actions as necessary, including possible restructuring, and others.
- Draft, review and provide comments on project, policy and other papers related to private sector development and operations issues in various themes and sectors.
- Participate in country teams and missions for planning and programming purposes with particular focus on private sector development and operations and for the identification of investment opportunities in assigned developing member countries (DMCs).
d. Knowledge Sharing
- Participate in and contribute to relevant internal and external training and conferences and other activities for advocacy, dissemination and knowledge building.
- Maintain and share knowledge of emerging best practices in area of expertise.
e. Staff supervision
- Take the role of team leader and supervise the work of team members.
- Supervise the performance of reporting staff, providing clear direction and regular monitoring and feedback on performance.
- Ensure the on-going learning and development of reporting staff.
Educational Requirements:
- Master's Degree, or equivalent, in Business Administration, Finance, or other related fields; or University degree in Business Administration, Finance, or other related fields; and at least 5 years ADB work experience
Relevant Experience And Other Requirements:
- Suitability to undertake the responsibilities mentioned above at the required level
- At least 12 years of relevant professional project finance, public-private partnership and/or corporate financing (related to infrastructure project) experience in the private sector, including hands-on origination, modeling, structuring, documentation, closing and monitoring experience in several of the core sectors of focus
- Strong analytical and risk management capabilities including cashflow modeling experience
- Strong leadership qualities and interpersonal skills
- Ability to maintain productive relationships and negotiate with borrowers/sponsors, banks and other financial institutions, government agencies, contractors and consultants
- Excellent oral and written communication skills in English
- International experience working in development in several countries
Core Competencies:
Application of Technical Knowledge and Skills- Provides supervision to others in completing their technical tasks
- Called upon for advice and guidance based on expertise gained by working in different countries and organizations
- Contributes advanced knowledge and expertise to different parts of the Department
Client Orientation
- Proposes effective services and solutions to staff beyond presenting issues and past challenges
- Assists colleagues adapt to the cultural and business norms of diverse clients and country situations
- Gains respect for the breadth and depth of expertise demonstrated in effectively managing diverse clients and country situations
- Called upon to resolve client situations that may impact their long-term ADB relationship
Achieving Results and Problem Solving
- Resolves situations where client needs are not being met
- Shares past experiences from different projects, organizations, and countries to help achieve quality results
- Ensures that thorough analysis includes current and relevant factors from different countries and contexts
- Sought out for guidance and experience in overcoming the most challenging situations
- Draws on long-term relationships with stakeholders to help plan for and achieve results
Working Together
- Addresses team members not contributing to required standards
- Commits to delivering timely and high quality work to assist in the team’s success
- Develops and maintains good internal and external peer and senior level relationships
- Helps teams understand common features to build rapport and overcome challenges
Communication and Knowledge Sharing
- Provides stakeholders with the level and quality of information required to achieve outcomes
- Encourages others to seek long-term solutions to address feedback opposed to focusing on immediate concerns or reactions
- Uses breath of multi-country and multi-client knowledge to equip clients and staff for more effective outcomes
- Designs and implements project and program knowledge and services
Innovation and Change
- Consistently seeks more effective and practical ways for the Departmental delivery of services, products, and processes
- Proposes new ways to improve the quality and relevance of products and services
- Includes the core benefits and reasons for change when developing comprehensive change roll out plans
- Influences and persuades decision makers by presenting business cases supporting the proposed changes
Immediate Reporting Relationships / Other Information:
- Supervisor: Director
- The following staff positions may be supervised by the incumbent:
- Administrative Staff
- National Staff
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