Senior Investment Officer
IMPORTANT INFORMATION:
This is a fixed term appointment with option to renew for an initial period of 3 (three) 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 position is for outposting to Mongolia Resident Mission (MNRM) and is open to internal and external applicants. If the successful candidate is an external candidate, he/she may initially be based in HQ prior to be outposted. If the successful candidate is an internal candidate, the outposting will be immediate.
This vacancy is a local staff position. It is open only to nationals and residents of Mongolia.
ADB will be rolling-out its operating model which may result in the change of department/group and/or reporting arrangement(s). By proceeding with your application, you acknowledge and accept the possibility of such changes resulting from the new operating model (NOM).
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 Infrastructure Finance Division 2 (PSIF2) within the Private Sector Operations Department (PSOD). PSIF2 responsible for deal identification and processing, up to signing, for nonsovereign infrastructure projects in East Asia, Southeast Asia and the Pacific. PSOD provides financing and investment support to private projects, corporates, financial institutions and private equity funds throughout developing Asia and the Pacific. It advises, helps structure and provides and catalyzes financing for privately held and state-sponsored entities across a wide range of 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 Senior Investment Officer will provide technical support and coordination in the processing of ADB’s private sector investments and technical assistance in Mongolia. This involves contributing to the identification, development, implementation and administration of private sector infrastructure financing projects. The incumbent will report to the designated International Staff (IS) on substantive technical, policy-related and operational aspects. For administrative matters, both the designated IS and Country Director, Mongolia are to be consulted. The incumbent may supervise Administrative Staff.
Responsibilities
a. Project Processing
b. Strategy and Planning
c. Other
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.