Senior Climate Change Specialist (Agribusiness)

IMPORTANT INFORMATION:

This is a fixed term appointment with option to renew for an initial period of 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. . After the initial fixed period, ADB has the option to renew the appointment for up to three years or allow it to expire. This decision is based on ADB’s overall interest in retaining the skills and experience of the staff for medium-term work program within the respective group, department, or office, while considering the availability of funding sources.

This is a re-advertisement. Previous applicants need not apply. Applications received in response to previous posting will be considered together with applications received in response to this advertisement.

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 in the Climate Change, Resilience, and Environment Cluster (CCRE) within the Climate Change and Sustainable Development Department (CCSD) and will be strategically placed in the Agribusiness Investment Team (AIT) under the Office of the Director General (OPSD) of the Private Sector Operations Department (PSOD).

CCSD provides leadership, innovation, and knowledge sharing for ADB’s sector and thematic work. CCRE leads the Bank’s work in responding to the growing need for innovative policies, institutions, and investments to lead the region to a low carbon, climate and disaster resilient future; and supports ADB’s operational departments to develop and implement climate and disaster resilience projects, integrate disaster risk and climate change considerations into their broader portfolio of projects, and access climate financing.

AIT in PSOD supports agribusiness projects and companies across the entire food and agriculture value chain by providing assistance in the form of debt and direct equity investments. AIT is mainstreaming climate finance with almost all new projects having climate mitigation and/or climate adaptation features and the associated climate finance. PSOD provides investment capital to private sector entrepreneurs, corporates and project sponsors, as well as financial intermediaries, such as banks, throughout developing Asia. 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 low carbon climate resilient, environmentally sustainable and inclusive economic growth. PSOD is expected to significantly contribute to ADB’s commitment to deliver $100 billion in climate finance over 2019 to 2030. Agribusiness is a fertile area to scale up ADB’s climate outcomes and climate finance investments. To learn more about PSOD, watch this video.

This position has been created as part of the Workforce Rebalancing Framework, which is a multiyear initiative (2022-2027) aimed at increasing in-house expertise in key operational areas that was previously sourced from consultants through ADB’s technical assistance. The goal is to strengthen in-house expertise to enhance the quality of ADB’s policy dialogue, operations, and knowledge solutions delivery by collaborating closely with DMC clients. Expected candidates are seasoned experts with strong field experience who can lead policy dialogue and project work with emphasis on providing knowledge solutions.

To view ADB Organizational Chart, please click here.

Job Purpose

The Senior Climate Finance Specialist (Agribusiness) will lead in the identification, screening, due diligence, structuring, obtaining of approvals, negotiation, implementation and closing of successful direct debt financing and equity investments and technical assistance programs that have a strong climate dimension in food and agribusiness companies across ADB’s developing member countries (DMCs). The incumbent will report to the Director, Climate Change and operationally to the Agribusiness Investment Team Lead in PSOD. The position will supervise National Staff and Administrative Staff.

Responsibilities

a. Climate Leadership

b. Transaction Origination and Processing

c. Strategy and Planning

d. Knowledge Sharing

e. Staff Supervision

f. Others

Qualifications

Relevant Experience & Requirements

Please refer to the link for ADB Competency Framework for International Staff Level 5.

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.

Apply now

Added 6 months ago - Updated 3 hours ago - Source: adb.org