Job Description

Reference Number
230081


Position Level
NS 2


Department
Private Sector Operations Department


Division
Infrastructure Finance Division 1


Location
India Resident Mission


Date Posted
Thursday, August 17, 2023


Closing Date
Thursday, August 31, 2023 11:59 p.m. (2359 Manila Time, 0800 GMT)
IMPORTANT INFORMATION:

This is a re-advertisement. Previous applicants need not apply. Applications received in response to previous posting will be considered together with applications received in response to this advertisement.

This position is for outposting to India Resident Mission and is open to internal and external applicants. If the successful candidate is an external candidate, he/she may initially be based in HQ prior to be outposted. If the successful candidate is an internal candidate, the outposting will be immediate.

This vacancy is a local staff position. It is open only to nationals and residents of India.

Overview

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 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 its Strategy 2030.

ADB only hires nationals of its 68 members.

The position, which is outposted to India Resident Mission (INRM), is assigned in the Infrastructure Finance 1 Division (PSIF1) within the Private Sector Operations Department (PSOD). PSIF1 is responsible for deal identification and processing, up to signing, for nonsovereign infrastructure projects in Central and West Asia and South Asia.

PSOD provides investment capital to private sector entrepreneurs, corporates and project sponsors, as well as financial intermediaries, such as banks, throughout developing Asia. It catalyzes, structures, and funds investments in privately held and state-sponsored companies across a wide range of industry sectors. Its emphasis is on commercially viable transactions that generate financial returns while also delivering on ADB\'s organization-wide mission to promote environmentally sustainable and inclusive economic growth.

To view ADB Organizational Chart, please click here.

Job Purpose

The Investment Officer will 1) provide technical support and coordination in the processing of ADB\xe2\x80\x99s private sector investments and technical assistance; and 2) participate and contribute in the identification, development, approval and implementation private sector infrastructure financing projects. The staff will report to the designated International Staff (IS) and will have secondary reporting arrangements to Country Director on administrative matter. Engagement with INRM colleagues, across functions, is a requisite of the position, with strong knowledge sharing, and involvement in a wide variety of India and region-focused ADB initiatives.

Responsibilities

• Project origination

• stays abreast of all infrastructure projects and borrowers in the market for financing
• generates new ideas for providing ADB financing
• assesses opportunities to efficiently arrive at their bankability and executability
• pursues clients to secure financing mandates to be able to commence execution and processing of transactions.

• Project Processing

• Participates and contributes in the identification, development and processing of projects, leading the needed due diligence, financial and risk analysis and mitigation work towards the structuring of loans, bonds, equity investment, guarantees or other forms of assistance
• Independently applies proper risk management in projects;
• Contributes in the areas of credit and financial due diligence by independently developing financial models and in general assessing the risk and credit profile of proposed infrastructure investments;
• Reviews and analyzes financial statements and financial projections/models, performing sensitivity analysis and stress testing and making necessary recommendations;
• Participates in due diligence missions and provide technical support and recommendations to Team Leaders;
• Undertakes relevant industry and country research as a part of transaction risk assessment and make recommendations to the project team leader;
• Independently prepares the initial and final Concept Review Forms, summaries of project documents, risk assessment analyses and other required document throughout the project processing cycle;
• Independently engages with the Office of Risk Management and the Safeguards Specialists to address credit-related and other safeguards-related issues;
• Prepares presentation materials;
• Oversees the documentation and maintenance of comprehensive credit files related to transactions under processing.

• Strategy and Planning

• contributes to the development of policy and strategies for ADB\xe2\x80\x99s developmental goals for the private sector in consultation with relevant stakeholders
• assists in developing a pipeline of private sector infrastructure projects.

• Others - performs other tasks as assigned and reflected in the workplan

Qualifications

Relevant Experience & Requirements

• Bachelor\'s degree in Finance, Business Administration and/or Accounting, preferably with Master\xe2\x80\x99s Degree of equivalent
• At least 8 years of relevant experience, preferably in project finance or corporate finance.
• 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 and Urdu.
• Able to work with provide simple guidance to Administrative Staff (AS) to facilitate work planning, delivery, and quality review
• Able to work collaboratively with teams as a constructive team member.
• Strong verbal and written communications skills
• Please refer to the link for ADB Competency Framework for National Staff Level 2

General Considerations

The selected candidate, if new to ADB, is appointed for an initial term of 3 years.

ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB\xe2\x80\x99s standards and computation, taking into account the selected individual\xe2\x80\x99s qualifications and experience.

ADB seeks 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.

Please note that the actual level and salary will be based on qualifications of the selected candidate. Stay up to date Subscribe to our newsletter and get the latest issues, news, events, jobs and data in your e-mail inbox.