{"id":79858,"date":"2021-08-30T09:48:13","date_gmt":"2021-08-30T09:48:13","guid":{"rendered":"https:\/\/plopandrei.com\/?p=79858"},"modified":"2021-08-30T09:48:13","modified_gmt":"2021-08-30T09:48:13","slug":"job-vacancy-investment-officer-at-asian-development-bank","status":"publish","type":"post","link":"https:\/\/cvnextjob.com\/index.php\/2021\/08\/30\/job-vacancy-investment-officer-at-asian-development-bank\/","title":{"rendered":"Job vacancy\/ Investment Officer at Asian Development Bank"},"content":{"rendered":"
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\n\n\n\n\n\n\n\n\n\n
Reference Number<\/th>\n210257<\/td>\n<\/tr>\n
Position Level<\/th>\nNS 2<\/td>\n<\/tr>\n
Department<\/th>\nPrivate Sector Operations Department<\/td>\n<\/tr>\n
Division<\/th>\nPortfolio Management Division, PSOD<\/td>\n<\/tr>\n
Location<\/th>\nPeople’s Republic of China Resident Mission<\/td>\n<\/tr>\n
Date Posted<\/th>\nThursday, June 24, 2021<\/span><\/td>\n<\/tr>\n
Closing Date<\/th>\nThursday, September 16, 2021<\/span>\u00a011:59 p.m. (2359 Manila Time, 0800 GMT)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
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IMPORTANT INFORMATION<\/strong>:<\/p>\n

Close relatives1<\/sup>\u00a0of ADB staff, except spouses of international staff, are not eligible for recruitment and appointment to staff positions. Applicants are expected to disclose if they have any relative\/s by consanguinity\/blood, by adoption and\/or by affinity\/marriage presently employed in ADB.<\/p>\n

1<\/sup>Close relatives refer to spouse, children, mother, father, brother and sister, niece, nephew, aunt and uncle<\/p>\n

Staff on probation are not eligible to apply. Applicants for promotion must have served at their position for at least one year and must have normally served at their personal level for at least two years immediately preceding the date of the vacancy closing date. Applicants for lateral transfer must have served at their position and personal level for at least one year immediately preceding the date of the vacancy closing date (reference A.O. 2.03, paragraphs 5.8 and 5.9).<\/p>\n

In the event that the staff appointed to a new category (i.e. from AS to NS, or from NS to IS) is rated at 2 or lower in the first two performance reviews after appointment at the new level, they will return to the level occupied immediately prior to their appointment in the new category.<\/p>\n

This position is for outposting to PRC Resident Mission (PRCM) 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.<\/p>\n

This vacancy is a local staff position. It is open only to nationals and residents of People’s Republic of China.<\/p>\n

Overview<\/strong><\/p>\n

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\u00a0prosperous, inclusive, resilient, and sustainable Asia and the Pacific<\/strong>,<\/strong>\u00a0while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its\u00a0Strategy 2030<\/a>.<\/p>\n

ADB only hires nationals of its\u00a068 members<\/a>.<\/p>\n

The position is outposted to the People\u2019s Republic of China Resident Mission (PRCM) and assigned in the Portfolio Management Division (PSPM) within the\u00a0Private Sector Operations Department (PSOD)<\/a>. PSPM is accountable for the pro-active management, reporting and review of ADB\u2019s growing portfolio of private sector loans including overseeing project implementation and administration and managing client relationships.<\/p>\n

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, structure, and fund 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 learn more about PSOD, watch this\u00a0video<\/a>.<\/p>\n

To view ADB Organizational Chart, please click\u00a0here<\/a>.<\/p>\n

Job Purpose<\/strong><\/p>\n

The Investment Officer works alongside dealing officers from both origination, (while the transaction is signed and closed) and portfolio teams. The position is responsible for all risk and client relationship aspects of assigned transactions from first disbursement to final repayment and works with multiple PSOD staff and a wide range of internal and external stakeholders.<\/p>\n

Geographic and transaction focus: A large part of the portfolio to be covered will be in lending to infrastructure and project finance in East Asia with a large share of power transactions; followed by corporate finance (health care, agribusiness, others) and will require travel to ADB developing member countries (DMCs). Engagement with PRCM colleagues, across functions, is a requisite of the position, with strong knowledge sharing, and involvement in a wide variety of PRC focused ADB initiatives.<\/p>\n

The staff will report to the designated PSPM International Staff (IS) on substantive technical, policy-related and operational aspects. For administrative matters, both designated PSPM IS and Country Director, PRCM are to be consulted.<\/p>\n

Responsibilities<\/strong><\/p>\n

Credit monitoring<\/strong>
\n\u2022 Undertakes the preparation of credit monitoring reports (annual, semiannual or quarterly);
\n\u2022 Analyzes client financial data, problems and remedial actions
\n\u2022 Works with dealing officers regarding warning signals or potential problems in transactions and design and coordinating remedial action; and
\n\u2022 Participates in missions related to monitoring of projects.<\/p>\n

Project monitoring<\/strong>
\n\u2022 Ensures adherence by clients to their obligations for submission to ADB of periodic reports on time and accurately and make follow-ups;
\n\u2022 Undertakes communication with clients in case of covenant breaches or unexpected developments in a transaction;
\n\u2022 Works with clients and other PSPM staff to design remedial measures (waivers, demand letters, others) and implements them jointly with other ADB departments (Office of Risk Management, Office of the General Counsel, Treasury Department, Controller\u2019s Department and others);
\n\u2022 Monitors the development effectiveness parameters and environmental and social management system compliance of transactions for compilation in PSOD\u2019s Development Effectiveness Report;
\n\u2022 Implements technical advisory programs arranged for clients or projects; and
\n\u2022 Supports client-relationship management and participates in face to face meetings and\/or business trips.<\/p>\n

Disbursements<\/strong>
\n\u2022 Ensures processing of disbursement requests, review of withdrawal applications, verification of compliance with disbursement conditions and\/or loan covenants, follow up on submission of required documents and review of their completeness and\/or validity;
\n\u2022 Prepares correspondence, and re-estimates project costs and ADB’s share of financing commitments;
\n\u2022 Ensures the development of disbursement projections, actual disbursements, and tracking of shortfalls and identify the underlying causes of such shortfalls.<\/p>\n

Database maintenance<\/strong>
\n\u2022 Ensures completeness of database of legal documentation, financing and security documents and project contracts for new project approvals, as well as completeness of documents created in PSPM post-origination; and
\n\u2022 Supports the creation and maintenance of project related databases, tracking portfolio size, composition, and other characteristics, for management information.<\/p>\n

Project Annual Reviews and Project Completion Reports
\n\u2022 Performs desk review, collects data, assessesg financial and developmental performance of projects, conducts interviews and participates in missions to evaluate projects for extended annual review reports (XARR); and
\n\u2022 Prepares XARRs jointly with PSOD staff or consultants<\/p>\n

Administrative and Planning Support<\/strong>
\n\u2022 Participates in the planning of various initiatives designed to facilitate PSPM’s interaction with other ADB departments and in the development of systems and procedures to facilitate liaison and contact with partner institutions; and
\n\u2022 Coordinates the preparation of inputs for the annual work program and\/or budget and assists with finalization of PSPM’s submissions related to ADB’s annual planning and budget exercises and mid-year reviews of annual budgets.
\n\u2022 Supports a wide variety of initiatives at PRCM, including participation in cross functional meetings, knowledge sharing, and strategy related.<\/p>\n

Qualifications<\/h3>\n

Relevant Experience & Requirements<\/strong><\/p>\n

\u2022 Bachelor’s degree in finance, business or related fields, preferably with advanced training or Master\u2019s degree
\n\u2022 At least 8 years work experience, preferrably in the field of corporate finance, project finance, or infrastructure finance, with a leading international financial institution, infrastructure fund, developer, or consultancy firm;
\n\u2022 Excellent understanding of finance business principles and strong skills in client management.
\n\u2022 Strong financial and credit analysis skills in multiple financial products including loan, equity investments, and guarantee.
\n\u2022 Strong analytical thinking skills, with ability to comprehend causal links, make pros-and-cons analysis, and analyze factors to reach a decision.
\n\u2022 Ability to independently identify tasks and priorities within the area of responsibility and to formulate and execute plans for the completion of such tasks.
\n\u2022 Proven ability to undertake research and analysis on difficult tasks.
\n\u2022 Ability to collect and organize required data and information, apply appropriate computer skills in analyzing and organizing the data, and prepare notes, papers and detailed, reports.
\n\u2022 Skills and confidence required to conduct discussions and negotiations with clients with limited supervision.
\n\u2022 Ability to work with teams in a multicultural setting and guide junior staff to facilitate work planning, delivery and quality review
\n\u2022 Excellent written and verbal communication skills in both English and Chinese
\n\u2022 Please refer to the\u00a0link<\/a>\u00a0for ADB Competency Framework for National Staff Levels 1 – 2.<\/p>\n

General Considerations<\/strong><\/p>\n

The selected candidate, if new to ADB, is appointed for an initial term of 3 years.<\/p>\n

ADB offers competitive remuneration and a comprehensive\u00a0benefits package<\/a>\u00a0(click on Local Staff Field Offices). Actual appointment salary will be based on ADB\u2019s standards and computation, taking into account the selected individual\u2019s qualifications and experience.<\/p>\n

The position is a local staff position with local remuneration package. It is open only to persons who are both nationals and residents of the PRC.<\/p>\n

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.<\/p>\n

Please note that the actual level and salary will be based on qualifications of the selected candidate.<\/p>\n<\/div>\n

For more information please open this link
\nApply Here<\/p>\n

https:\/\/www.adb.org\/careers\/210257<\/a><\/strong><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

  Reference Number 210257 Position Level NS 2 Department Private Sector Operations Department Division Portfolio Management Division, PSOD Location People’s Republic of China Resident Mission Date Posted Thursday, June 24, 2021 Closing Date Thursday, September 16, 2021\u00a011:59 p.m. (2359 Manila Time, 0800 GMT) IMPORTANT INFORMATION: Close relatives1\u00a0of ADB staff, except spouses of international staff, are […]<\/p>\n","protected":false},"author":1,"featured_media":79859,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,2],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts\/79858"}],"collection":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/comments?post=79858"}],"version-history":[{"count":0,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts\/79858\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/media?parent=79858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/categories?post=79858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/tags?post=79858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}