Description
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a difference in 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 Senior Investment Officer is assigned to the Risk Analytics Unit in the Office of the Director General Division (OPSD-RAU) within the Private Sector Operations Department (PSOD). You will be based at our Headquarters in Manila, Philippines.
You will report to the Unit Head of OPSD-RAU and/or Designated International Staff and will oversee junior team members.
Your Role
As a Senior Investment Officer, you will lead and conduct risk assessments and related due diligence work for ADB's new nonsovereign transactions (loans, guarantees, equity investments), as well as assess risks in existing transactions. You will (i) review client materials, such as financial statements or technical reports, (ii) identify key risks and how to assess them (e.g. sensitivity analysis), (iii) recommend risk mitigation measures and transaction structuring inputs; (iv) prepare risk ratings and valuations; and (v) provide support for thematic or inter-departmental risk analytics projects.
You will:
a. Risk Appraisal of New Transactions
- Review, assess, and provide recommendations for key transaction risks, covering, inter alia, sponsor, commercial and structure risks in proposed financing transactions.
- Advise and recommend to deal origination teams on appropriate risk mitigation measures, deal structuring, and financial covenants throughout the risk appraisal process.
- Participate in drafting risk appraisals for non-sovereign loan, guarantee and equity transactions in both the concept review and final approval stages.
b. Transaction Monitoring
- Review monitoring documents for non-sovereign loan, guarantee and equity transactions, including transactions in remedial or recovery state, and supports the preparation of relevant risk appraisals or valuations.
- Evaluate and recommend approval for waivers, amendments, and consents related to various proposed changes to loan covenants and terms.
- Recommend risk mitigation measures including those relevant to covenant structures and security arrangements, as applicable.
c. Others
- Participate or lead special projects and other ad hoc assignments.
- Provide support to other divisions and units in PSOD as and when needed for special projects and tasks.
- Coordinate RAU's peer analysis and risk rating consistency.
- Share knowledge and understanding of subject matter with junior team members to enhance their analytical and technical capabilities.
- Act as back-up and mentor for junior staff working on transactions.
- Supervise and mentor junior team members engaged in risk appraisal.
- Participate in selected due diligence missions.
Qualifications
You will need:
- Bachelor's degree in business administration, finance, or relevant fields, preferably with Master's degree or equivalent
- Qualification as Certified Public Accountant (CPA) and/or Chartered Financial Analyst (CFA) is preferred
- At least 8 years of relevant experience in international bank, rating agency, or multilateral/bilateral development organization, in risk management, deal origination or investment appraisal, and preferably at least 4 years of supervisory experience.
- Strong familiarity with risk rating tools, and developments in the area of risk management.
- Strong computer skills with sound knowledge of common word-processing, spreadsheets, power point and financial modeling.
- Strong report-writing and communication skills in English.
- Please refer to the link for ADB Competency Framework for Technical Local Staff Grade 6 (TL6).
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
- Medical and health benefits
- Paid leave (including parental)
- Life and other insurance plans
- Staff development
Additional Information
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 our 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.
#LI-Onsite
