Senior Blended Finance Officer

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Application deadline 2 months ago: Thursday 6 Jun 2024 at 12:00 UTC

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Join Our Mission to Foster Prosperity in Asia Are you ready to make a lasting impact on 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 Blended Finance Officer is assigned to the Guarantees and Syndications Unit within the Office of the Director General, (OPSD-GSU) of the Private Sector Operations Department (PSOD). You will be based at our Headquarters in Manila, Philippines.

You will report to the Advisor, PSOD and Head, Guarantees and Syndications Unit and designated International Staff; and supervise Administrative Staff.

Your Role For eligible projects, PSOD blends donor funds at concessional terms, with financing provided on its own account at market terms (together referred to as ‘blended finance’), to private sector borrowers to increase the development impact of its private sector operations and support progress towards the UN’s Sustainable Development Goals (SDGs).

As a Senior Blended Finance Officer, you will provide analysis and other support to the origination, processing, execution, of financing to private sector borrowers at concessional terms, including but not limited to funds deployed by LEAP 2. In addition, you will administer funds deployed by LEAP 2 and other donor funds.

You will: a. Project Development and Processing

b. Fund raising and Donor relationship management

c. Fund management and administration

d. Policy and Project Evaluation

e. Knowledge Sharing

Qualifications

You will need:

Benefits ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB’s standards and comparator markets, taking into account your qualifications and experience.

Additional Information

This is a fixed term appointment with option to renew for an initial period of three (3) years following Section 3.1 (b) of Administrative Order No. 2.01 (“Recruitment and Appointment’). This appointment is not convertible to a regular appointment. It may be extended on an exceptional basis for a further fixed period at the option of ADB. This appointment is open to internal and external applicants.

This position is funded by a temporary funding source (e.g., a trust fund, financing facility, or capital expenditure budget) and therefore, the renewal of the appointment and its duration are subject to the availability of the funding source.

About Us

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.

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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.

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Added 3 months ago - Updated 2 months ago - Source: adb.org