Investment Specialist

  • Internationally competitive, paid in US dollars
  • Manila, National Capital Region, Philippines
  • Permanent, Full time
  • Asian Development Bank
  • 20 Feb 18 2018-02-20

ADB seeks qualified professionals to fill these vacancies (2 positions) in its Private Sector Operations Department, Office of the Director General

 

Investment Specialist (2 positions)

(i) health and education sector - https://www.adb.org/careers/180040

(ii) food and agribusiness - https://www.adb.org/careers/180041

Copy and paste the links into your browser to apply.

 

 

Overview

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 67 members, 48 of which are from the Asia and Pacific region. ADB’s mission is to reduce poverty and promote sustainable economic growth in the region.  ADB’s main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.

ADB only hires nationals of its 67 member countries.

The position is assigned in the Office of the Director General (OPSD) of the Private Sector Operations Department (PSOD). PSOD provides investment capital to private sector entrepreneurs, corporates and project sponsors, as well as financial intermediaries, such as banks, throughout developing Asia. We catalyze, structure, and fund investments in privately held and state-sponsored companies across a wide range of industry sectors. Our 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. 

 

Job Purpose

The Investment Specialist will assist in the identification, screening, due diligence, structuring, obtaining of approvals, negotiation, implementation and closing of successful direct debt financing and equity investments across ADB’s developing member countries (DMCs). The incumbent will report to Deputy Director General, PSOD and may supervise national / administrative staff and consultants.

Responsibilities

  • Transaction Origination and Processing – will include not limited to: 1) Assist in the identification, development, and processing of transactions to be considered for ADB private sector investment; 2) Nurture active relationships with companies, financiers, and various advisors in the region, including through business development travels; 3)  Assist in developing a pipeline for ADB private sector direct agribusiness investment by identifying potential debt or equity transactions presenting both a strong developmental impact potential and robust financial profile; 4) Undertake comprehensive financial assessment, including analysis of audited financial statements, financial modeling including sensitivity analysis, credit rating for debt transactions, and valuation for equity transactions; 5) Undertake comprehensive due diligence on market, commercial, technical, environmental, social, corporate governance, and integrity issues related to the proposed transactions; 6) Structure and negotiate the proposed financial assistance, ensuring proper risk management is applied; 7) Present the transaction rationale and make recommendation on the proposed transaction terms to ADB’s Management and Board; 8) Ensure a prompt financial closing of the transaction, with legal documentation reflecting the decisions of ADB’s Management and Board; and 9) Ensure compliance with internal guidelines, policies, and procedures, as well as with market best practices.
  • Strategy and Planning – will include but not limited to: 1) Contribute to the development of policy and strategies for ADB’s developmental goals for the private sector in consultation with relevant stakeholders; 2) Participate in country teams and missions for planning and programming purposes with particular focus on private sector development and operations and for the identification of investment opportunities; and 3) Coordinate work with other departments on project related and strategy policy matters.
  • Knowledge Sharing – will include but not limited to: 1) Participate in and contribute substantially to relevant learning events and other activities for advocacy, dissemination, and knowledge building; 2) Draft, review, and provide comments on project, policy, and other papers related to private sector development and operations, particularly for the agribusiness sector; and 3) Maintain and share knowledge of emerging best practices.
  • Staff Supervision – will include but not limited to: 1) Take the role of mission leader and supervise the work of mission members; 2) Supervise the performance of reporting staff, providing clear direction and regular monitoring and feedback on performance; and 3) Ensure the on-going learning and development of reporting staff.

 

Relevant Experience & Requirements

  • Master's Degree in Business Administration or Finance or equivalent. University (e.g., bachelor’s) degree combined with specialized experience in similar organization/s, may be considered in lieu of a Master’s degree.
  • At least 8 years of relevant professional experience in corporate and project lending, investment banking, or private equity leading direct cross-border debt or equity transactions in Asia.
  • Excellent financial modeling, equity valuation, corporate and project finance, and other core banking and investment skills.
  • International experience working in development in several countries
  • Excellent written and verbal communication skills in English is required.

 

General Considerations

The selected candidate is appointed for an initial term of three (3) years.

ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s 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.

Deadline for applications:

(i) health and education sector - 28 February 2018

(ii) food and agribusiness - 21 February 2018