Investment Specialist- ADB

ADB, Asian Development Bank, is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region. Despite the region’s many successes, it remains home to a large share of the world’s poor: 263 million living on less than $1.90 a day and 1.1 billion on less than $3.20 a day. ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

What are the advantages that come with being employed at ADB:

• Contributing to a meaningful mission of alleviating poverty and promoting sustainable development in the Asia-Pacific region.
• Providing employees with exposure to various industries and the chance to work on projects that have a direct impact on the region’s social and economic development.

Job Details:
Job Title: Investment Specialist
Unit: Asian Development Bank (ADB)
Job Place: Philippines, Manila
Deadline: Thursday, 21 March 2024

Education & Qualifications Requirements:

• Master’s degree in Business Administration, Finance, or its equivalent; or University degree and at least 5 years specialized experience relevant to the position can be considered.
• Good understanding of how to conduct advanced credit analysis, particularly in respect of project finance and corporate finance transactions, a deep understanding of debt markets and products.
• Extensive knowledge and understanding of loan, investment and credit products, including underwriting, pricing, servicing, accounting, exiting, etc. and with particular experience in developing markets.
• Strong analytical and structuring capabilities.
• Ability to lead negotiations with borrowers, existing and prospective shareholders, sponsors, co-lenders and co-investors.

Work Experiences: 

• At least 8 years of relevant professional experience, preferably in commercial financial institutions, leading development finance institutions, investment banks or consulting firms, including hands-on experience of portfolio management as well as experience in structuring and processing loans and equity investments for project transactions and corporates, analyzing credit risks, syndicating financial transactions, exit from equity investments and related banking activities.
• Experience in risk management, including rating methodologies, risk categories (market risk, credit risk, operational risk), etc.
• Experience in dealing with distressed assets will be an advantage.
• International experience working in development in several countries.

Languages:

• Excellent verbal and written communication skills in English.
• Good oral and written communication skills in Russian language will be an added advantage.

Career Key Responsibilities:

• Assume primary account responsibility for a number of significant individual accounts. This includes client relationships, periodic reviews and updates, reporting and ensuring compliance with terms of approvals.
• Undertake the implementation and administration of private sector projects, ensuring compliance with transaction documents, covenants and reporting requirements, applicable policies and procedures and development effectiveness reporting.
• Initiate and support the monitoring, periodic review and progress reporting of project implementation, compliance with covenants and the achievement of desired development impact.
• For annual reviews, evaluate and review risk monitoring and evaluation, financial analysis, and proposes and oversee measures to mitigate identified risks. Raises key issues and applies proper risk management in projects.
• Provide project administration staff with guidance and functional support to ensure timely implementation and performance reporting, timely fielding of review missions, etc.
• Prepare, review or approve covenant compliance reports, waivers and amendments, annual reviews, ratings, and other documents submitted by project monitoring staff in connection with primary or secondary account relationships, such as fee payments, loan disbursements and repayments.
• Regularly monitor PSOD’s portfolio in terms of composition, size, quality, concentration, diversification, migration, valuation, and other criteria. Assess the impact of prospective new financings on existing portfolio.
• Ensure quality and consistency of reports and outgoing communications related to portfolio management. Upgrade and oversee the quality of project records management system in ADB’s online document management system or other equivalent systems.
• Facilitate or leads active relationships with commercial lenders and other financial partners in the region and beyond as well as with developers, investors and governments.
• Represent PSPM within ADB and manage relationships with PSPM’s stakeholders within ADB.
• Draft or comments on projects, policy and other papers related to private sector development and operations issues in various themes and sectors.
• Maintain and share knowledge of emerging best practices in area of expertise.
• Participate in and contribute to internal and external training and conferences and other activities for advocacy, dissemination and knowledge building
• Provide information and analyses for the development of policy and strategies for ADB’s developmental goals for the private sector in consultation with relevant stakeholders.
• Participate in country teams and missions for planning and programming purposes with particular focus on private sector development and operations and for the monitoring of portfolio exposures as well as support to the identification of investment opportunities in assigned developing member countries (DMCs).
• Provide leadership and support to reporting staff;
• Supervise the performance of reporting staff, providing clear direction and regular monitoring and feedback on performance; and
• Ensure the on-going learning and development of reporting staff.

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