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Senior Project Officer (Financial Sector)

Reference #ADB-HR-13-0308
Position Title:Senior Project Officer (Financial Sector)
DepartmentSouth Asia Department
DivisionBangladesh Resident Mission
LocationDhaka, Bangladesh
Recruitment TypeNational and Administrative
Date Posted31 May 2013
Closing Date14 June 2013 , 5:00 p.m. (1700 Manila Time, 0900 GMT)

Job Purpose:

Actively contributes to the Bangladesh Resident Mission (BRM) by leading financial sector related in BRM, including handling loan/technical assistance (TA) processing and administration, portfolio management, sector work, and other general sector activities, covering public and private sector operations, with focus on financial sector and Public-Private Partnership (PPP) activities. Takes the lead role in the processing and administration of assigned loans and TAs.

Expected Outcomes

Project & TA Preparation and Appraisal
  • Provides support to fact-finding and appraisal missions, including but not limited to review of project/program designs and cost estimates, liaison with government officials, data and project/program costing, implementation arrangements and related technical issues. Participates in successful formulation and processing of ADB-financed loan and TA projects.
Project & TA Administration
  • Where assigned to assume the lead role in the processing and administration of specific loans and TAs, actively takes initiative and responsibility to engage with RM, HQ, government agencies, development partners, private sector partners, and other stakeholders to facilitate the successful administration and monitoring of ADB-financed loan and TA projects.
  • Provides team leadership (where assigned as lead) by facilitating work planning, delivery and reviews with the team.
  • Monitors the progress of assigned projects and prepares project performance reports.
  • Prepares and updates forecasts of contract awards & disbursements, identifying factors responsible for shortfalls and expediting achievement of target levels where possible.
  • Identifies issues and takes actions to address them through interactions with executing agencies (EAs), contractors, consultants, and project beneficiaries; prepares measures to address the issues and implementing the measures.
  • Prepares internal procurement papers, review of procurement documents including draft designs and cost estimates, and papers for extension of loan closing dates, reallocation of loan proceeds, changes in scope and implementation arrangements, and other project administration tasks.
  • Provides advice to government ministries, EAs and sector entities on ADB guidelines on procurement, recruitment of consultants, preparation of tender documents, etc. to ensure effective implementation.
  • Assists EAs in the areas listed above for project administered by various sector divisions in the HQ.
  • Prepares Project Completion Reports and TA completion Reports as assigned.
  • Leads Project Review or Country Portfolio Review missions as required
  • Provides support for or conducts policy dialogues with government on policy matters and institutional issues.
  • Maintains close cooperation with other international donors and undertakes meetings and consultations with them, especially in areas relating to donor coordination and harmonization in sector work. Participates actively in related local consultative subgroup meetings.
  • Contributes to tripartite portfolio reviews, country portfolio review missions, and monitors overall performance of the portfolio of ADB projects in the sector.
Sector Work
  • Contributes to sector work in the field by assisting in conducting research, updating information on the assigned sector, analyzing financial, institutional or economic issues, and preparing reports on the subjects.
  • Prepares sector assessments within the context of development aid effectiveness and national sector strategy to be utilized for programming purposes.
  • Maintains up-to-date knowledge base of future government plans and approval processes, organizational structure and policies relevant to the assigned sectors.
  • Prepares inputs for sector database for portfolio management.
  • Acts as the focal point for financial sector and PPP and maintains close relationships with the relevant government agencies and HQ staff.
Other Operational Support
  • Helps to organize, contributes to, supports, and participates in meetings, conferences, seminars, and workshops.
  • Organizes and conducts workshops for EAs, as appropriate.
  • Produces reports, as required, on the tasks undertaken in relation to the above.

Educational Requirements:

Master’s degree in economics, finance, accounting, business administration or other relevant field; advance degree preferred.

Relevant Experience And Other Requirements:

Work experience
- At least 10 years of relevant professional experience in financial sector and private sector development
Technical knowledge
- Demonstrated expertise and experience within the assigned sector
- Experience & knowledge of various stages of the project cycle (project/program planning / feasibility analysis / project/program design / project/program implementation / / contract management) is desirable
- Sound knowledge of government administrative systems and procedures
- Effective report-writing and communication skills in English
- Strong oral and written communications skills
People and leadership skills
- Able to mentor administrative staff (AS) to facilitate work planning, delivery and quality review
- Able to liaise and work effectively with government officials within own work location
Able to work collaboratively with teams as a constructive team member.

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

Immediate Reporting Relationships / Other Information:

  • Supervisor: Country Director and/or Deputy Country Director The following staff positions may be supervised by the incumbent:
    • Administrative Staff
    • National Staff (NS1-NS2)

Important Instructions

This vacancy is for a local staff position with local remuneration package. It is only open to nationals and residents of Bangladesh
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