Advisor, PSOD and Head, Guarantees and Syndications Unit / 180262
Asian Development Bank
6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
11d ago

IMPORTANT NOTE :

This is a senior staff fixed-term appointment for a period of 3 years. This vacancy is open to internal and external applicants.

If the selected candidate is an external hire, the appointment may be extended for a period of up to 3 years per extension, or not renewed.

In case of extension, staff may continue in the position for another term of up to 3 years, or be reassigned to any suitable position in ADB.

The same terms and conditions also apply to a selected internal candidate. In addition, if the staff selected has a regular appointment, staff will retain the regular appointment and his / her selection will be considered an assignment for an initial fixed period of 3 years.

If the staff selected has a fixed term appointment, his / her appointment will cease, and he / she will be given a new fixed term appointment for an initial term of 3 years.

Fixed-term appointments or assignments are subject to Section 3 of Administrative Order (AO) 2.01 (Recruitment and Appointment) and Section 8 of AO 2.

03 (Selection, Talent and Position Management) and its Appendices.

Whether the selected candidate is internal or external, and regardless of the type of appointment, any extension of staff beyond age 60 shall be subject to such terms and conditions determined by ADB, including, where relevant, those provided in Section 10 of AO 2.

05 (Termination Policy) and its Appendices.

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 members.

The position is assigned in the Guarantees and Syndications Unit (GSU) within the Private Sector Operations Department (PSOD).

The GSU serves as the single point of contact at ADB on commercial cofinancing and credit enhancement initiatives.

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. To learn more about PSOD, watch our video on Working with ADB on Private Sector Financing .

To view ADB's Organizational Chart, please click here.

Job Purpose

The Advisor, PSOD and Head, GSU will lead and oversee all of ADB's commercial cofinancing activities including B-loans, parallel loans, and guarantees, as well as risk transfer arrangements and other 3rd-

party capital mobilization activities. The incumbent will report to Director General, PSOD and / or Deputy Director General, PSOD and will supervise international staff, national staff and administrative staff.

Responsibilities

  • Strategy and Planning - 1) developing the strategy and operational plan for ADB's commercial cofinancing products and activities;
  • 2) leading the regional departments (RDs) in formulating direct value-added cofinancing strategies for Country Partnership Strategies (CPSs);
  • c) leading the identification of opportunities requiring direct value-added commercial cofinancing; 4) leading and advising on appropriate cofinancing structures for transactions involving low to moderate levels of risks and potential financing partners during transactions design and program formulation;
  • and 5) developing improvements to ADB's cofinancing policies, guidelines and practices.

  • Business Development - 1) leading and overseeing the mobilization of commercial cofinancing through the application of guarantees and syndication arrangements;
  • 2) leading the promotion of innovative application of cofinancing and risk sharing structures and arrangements; 3) working closely with the operational departments in mobilizing external resources for debt financing;
  • and 4) leading in building financing partnerships with major commercial lending agencies and investment banks, institutional investors, and the commercial arms of multilateral and bilateral agencies

  • Project Management - 1) leading and advising on direct value added cofinancing structures; 2) overseeing all transactions with cofinancing from commercial sources;
  • 3) identifying, structuring, executing, and syndicating / distributing direct value-added cofinancing (including guarantees and syndications) for transactions involving ADB's non-

  • sovereign and sovereign clients in the infrastructure and financial sectors; 4) leading and working with other financing parties to effectively support loan syndications;
  • 5) leading in advising governments of developing member countries (DMCs) and / or executing agencies on employing credit enhancement structures;
  • and 6) overseeing the administration of transactions with guarantees and syndicated loans, including maintaining adequate documentation.

  • Knowledge Management - 1) leading the efforts to increase awareness of ADB's credit enhancement operations among other financing parties and ADB staff;
  • 2) leading in preparing staff instructions on syndications; 3) leading in maintaining knowledge of emerging best practices in loan and guarantee syndications;
  • 4) overseeing in-house seminars and workshops and updating of commercial cofinancing transaction briefs, manuals, brochures and other publications.

  • Staff Supervision - 1) providing leadership and support to reporting staff; 2) overseeing and supervising the performance of reporting staff;
  • 3) providing clear direction and regular monitoring and feedback on performance; and 4)

    ensuring the on-going learning and development of reporting staff.

    Qualifications

    Relevant Experience & Requirements

  • At least 15 years of relevant professional work experience in project and / or structured finance, including hands-on experience in originating, structuring, executing, and syndicating loans or guarantees for infrastructure and / or financial sector transactions
  • Master's Degree, or equivalent, in a business or finance related field. A University degree and at least 10 years ADB work experience may be considered in lieu of a Master's Degree.
  • Suitability to undertake the responsibilities mentioned above at the required level
  • International experience working in development in several countries
  • Excellent written and verbal communication skills in English is required
  • Please refer to the link for ADB Competency Framework for Managers levels 7 - 8.
  • 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.

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