Senior Investment Specialist at ADB, Manila, Philippines

Deadline: 10 January 2023

Asian Development Bank (ADB) is currently seeking applications from eligible applicants for the post of Learning and Development Specialist in Manila, Philippines. The duration of this post is 3 years.

The ADB aims for an Asia and Pacific free from poverty.

Key Jobs Responsibilities

The Senior Investment Specialist will perform the following functions-

Working with PSOD’s deal teams to support the origination of a pipeline of high development impact private sector transactions including sectors such as climate change, infrastructure, agribusiness, financial services, health, education and others;
Managing relationships with PSOD deal teams to ensure concessional funds are effectively blended with ADB capital throughout the deal cycle;
Screening of transactions to assess climate mitigation/adaptation/other development benefits, and adherence to established principles for the use of blended concessional financing: (i) additionality, (ii) crowding-in, (iii) commercial sustainability, (iv) reinforcing markets, and (v) promoting high standards;
Presenting proposals to ADB’s Blended Finance Committee for the use of concessional financing including detailed development case studies on why concessional financing was needed to support transactions, and development outcomes that are expected from projects;
Structuring tranches of concessional finance alongside ADB capital in transactions, and undertaking due diligence, risk analysis and risk mitigation for the fund;

Eligibility Criteria

Applicants must have:

Master’s degree, or equivalent, in business administration, finance, accounting, economics, engineering, law or related fields, preferably at post-graduate level or its equivalent.
University degree in business, finance, accounting or related fields combined with a specialized experience in similar organization/s, may be considered in lieu of a master’s degree.
At least 10 years of experience in investment management with demonstrated ability to manage investment portfolios and client relationships
Experience financing private sector climate mitigation or adaptation projects, with experience in gender equality e.g.: renewable energy; sustainable transport; urban infrastructure; energy efficiency; land-use and agribusiness; water supply and sanitation/wastewater treatment; solid waste management; and/or climate disaster risk management.
Experience structuring private sector financing across a range of transaction types, e.g.: project finance and corporate finance transactions; investments in private equity funds; financing of non-sovereign banks and non-banking financial institutions; guarantees, risk sharing and first-loss protection; and/or technical assistance and grant programs.
Analytical and financial modeling skills needed to determine the minimum concessionality for blended finance transactions, taking in to account, as relevant, adjustments to pricing, tenor, grace, repayment profiles, subordination, equity returns and income sharing mechanisms, local currency solutions etc.
Excellent oral and written communication skills in English are required, including a demonstrated ability to communicate ideas clearly and confidently with good presentation skills in one-on-one settings or to larger groups (inside and outside of ADB)
Strong written English skills, expertise on climate finance and the ability to author new funding proposals and deliver on reporting requirements. Ability to write compelling development narratives explaining transactions, fund achievements and the rationale and benefits of using blended finance to achieve private sector development outcomes.
International experience working in development in several countries
Highly motivated and strong work ethic
Excellent organizational, multi-tasking and time management skills with demonstrated ability to work efficiently and meet deadlines