Description
Join Our Mission to Foster Prosperity in Asia
Are you looking to have a lasting impact on the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.
Organizational Setting and Reporting Relationship
The position of Markets Development Advisory Officer is assigned to the Markets Development Advisory Division 2 (OMDA2) within the Office of Markets Development and Public-Private Partnership (OMDP). You will be based at our Headquarters in Manila, Philippines.
You will report to a designated International Staff and Senior Officer as applicable.
Your Role
As a Markets Development Advisory Officer, you will provide operational support and will contribute to project origination, development, structuring, processing, administration, and monitoring of Public Private Partnerships (PPP) and market development-related transactions.
You will:
- Help implement OMDP's vision, goals, work plan and development strategies output following Strategy 2030.
- Support identification, structuring, delivery and administration of Market Development activities and TAS mandates
- Support due diligence of PPP and PSD-related issues and projects in DMCs, including identifying SOE opportunities and green and resilient financing programs.
- Contribute to the implementation of the PSD shift following R99-22 (Organizational Review: A New Operating Model to Accelerate ADB's Transformation Toward Strategy 2030 and Beyond)
- Help with the internal procurement (consulting and non-consulting services) for all TAS-related work including developing terms of reference or output specifications.
- Help manage internal processes for approval and implementation of TAS mandates which includes preparation of PPP and PSD-related materials and related TAS project documents.
- Assist in programming, implementation and administration of technical assistance and AP3F projects.
- Contribute to OMDP's research and PSD activities for specific themes including market environment, PPP policies and regulatory frameworks in ADB's DMCs, transaction details.
- Support preparation of country partnership strategies and indicative country and pipeline monitoring for the countries identified, including preparation of a PPP action plan.
- Help coordinate with external stakeholders (governments, development partners, civil society, and private sector entities) and internal stakeholders including experts in other departments and support regional and solutions departments to achieve their relevant targets and develop strategies for PSD.
- Participate in smaller country engagement, including developing pipelines and participate as a Country Management Team member.
- Provide guidance to administrative staff to conduct their responsibilities.
- Perform other tasks that may be assigned by the supervisors.
Qualifications
You will need:
- Bachelor's degree with specialization in business administration, economics, or finance, engineering or related fields, preferably with advanced training
- At least 8 years of relevant work experience, with at least 5 years' experience in PPPs or infrastructure, financing, project development and/or advisory experience at commercial/investment banks, advisory firms and/or international financial institutions.
- Analytical, credit, and financial skills.
- Analytical and due diligence skills concerning PPP and infrastructure projects.
- The ability to present ideas and concepts concisely in oral and written form in English.
- Proficiency in MS Office (Word, Excel, PowerPoint) applications, including developing simple macros and automations.
- To work in diverse teams as a constructive team member and work with individuals from different cultural/national backgrounds.
- Please refer to the link for ADB Competency Framework for Technical Local Staff grade 5 (TL5)
Benefits
ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
- Housing and education allowance (if applicable)
- Retirement plan
- Paid leave (including parental)
- Medical and health benefits
- Life and other insurance plans
- Staff development
Additional Information
This appointment is open to internal and external applicants.
This is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period, this appointment may, at the option of ADB, be extended once for up to 2 years, converted to a regular appointment, or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staff's particular blend of skills and experience in the foreseeable future; and (b) Staff's performance is satisfactory and they are suitable for further employment.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 50 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 69 members.
To view ADB Organizational Chart, please click here.
ADB wants 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.
Visit ADB Careers FAQ for more information.
