Principal Investment Specialist (Climate Finance)

Overview Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 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 68 members.

The position is assigned to 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 and the Pacific. It catalyzes, structures, and funds investments in privately held and state-sponsored companies across a wide range of industry sectors. Its 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 this video.

To view ADB Organizational Chart, please click here.

Job Purpose The Principal Investment Specialist (Climate Finance) will serve as PSOD’s focal for climate finance, lead the provision of support and provide expertise for all climate finance work related to private sector projects and will lead PSOD’s Climate Finance Team (CFT). The CFT focuses on delivering the strategic, well-coordinated and internally/externally integrated approach to achieving PSOD’s climate change targets and building climate and disaster resilience including financing targets and Paris Agreement alignment. The incumbent will report to Director General, PSOD.

Responsibilities Strategy and Planning

Coordination

Technical Support

Knowledge Management and Reporting

Staff Supervision

Management Support

Qualifications

Relevant Experience & Requirements

General Considerations The selected candidate, if new to ADB, is appointed for an initial term of 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.

Please note that the actual level and salary will be based on qualifications of the selected candidate.