The Investment Specialist will support the origination, development, due diligence, approval and implementation of private sector infrastructure financing projects in Central and West Asia.
The incumbent will report to Director, PSIF1 for technical, policy-related and operational aspects, and to Country Director, KARM for day-
to-day administrative matters and will supervise national and administrative staff.
a. Project Development and Processing
Assists in the origination of a pipeline of private sector infrastructure finance projects and screens investment opportunities through client outreach, marketing and deal screening;
Undertakes and manages the necessary due diligence, financial modeling, risk analysis and mitigation in the structuring of loans, equity investments, guarantees, B-
loans or other forms of ADB assistance;
Supports or leads the internal approval processes including interface with credit, safeguards, integrity, legal and other teams as well as management and the Board;
With the support of internal and external counsel, ensures for all deals that appropriate legal documentation is successfully concluded in line with approvals and that financial close (i.
e., first disbursement) is achieved in a timely fashion;
Undertakes the implementation and the hand-over of administration of private sector infrastructure programs and projects, ensures compliance with required guidelines, policies and procedures as well as agreed covenants and reporting requirements up to financing effectiveness;
Performs the role of a nominee director on the board of ADB's investee companies representing ADB's interests in accordance with the principles of sound corporate governance.
b. External Liaison
Facilitates or leads active relationships with commercial lenders and other financial partners in the region, developers, investors and governments; and
Assesses and structures transactions to maximize the potential for commercial co-financing and catalyzing of additional sources of capital.
c. Policy and Project Evaluation
Provides input and comments on project, policy and other papers related to private sector operations and development across a range of key themes and sectors.
d. Knowledge Sharing
Maintains and shares knowledge (inside and outside ADB) on lessons learned from private sector operations and emerging best practices in areas of expertise; and
Participates in and contributes to activities for advocacy, dissemination and knowledge building relating to ADB's integrity, governance and safeguard policies.
e. Strategy and Planning
Participates in country teams for planning and programming purposes, particularly with respect to private sector development and operations and sector priorities.
f. Staff Supervision
Provides leadership and support to reporting staff;
Supervises the performance of reporting staff, provides clear direction and regular monitoring and feedback on performance; and
Ensures the on-going learning and development of reporting staff.
Relevant Experience & Requirements
University degree in Business Administration, Finance, or related fields; preferably at post-graduate level or its equivalent
At least 4 years of relevant professional experience in the financing of private sector infrastructure (particularly project financing or public-
private partnerships but including corporate financing in core fields of ADB focus), including hands-on experience in originating loans, guarantees and / or equity transactions, managing due diligence, financial modeling, mitigating credit and other risks, negotiating term sheets and finance documentation and related project (and corporate) finance activities.
Specific and relevant experience in emerging market financing and investments, preferably in Southeast Asia
Excellent oral and written communication skills in English and Russian and the ability to communicate effectively to management.
International experience working in several developing countries
Please refer to the link for ADB Competency Framework for International Staff Levels 1 to 2.
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.