Close relatives1 of ADB staff, except spouses of international staff, are not eligible for recruitment and appointment to staff positions. Applicants are expected to disclose if they have any relative/s by consanguinity/blood, by adoption and/or by affinity/marriage presently employed in ADB.
1Close relatives refer to spouse, children, mother, father, brother and sister, niece, nephew, aunt and uncle
Staff on probation are not eligible to apply. Applicants for promotion must have served at their position for at least one year and must have normally served at their personal level for at least two years immediately preceding the date of the vacancy closing date. Applicants for lateral transfer must have served at their position and personal level for at least one year immediately preceding the date of the vacancy closing date (reference A.O. 2.03, paragraphs 5.8 and 5.9).
In the event that the staff appointed to a new category (i.e. from AS to NS, or from NS to IS) is rated at 2 or lower in the first two performance reviews after appointment at the new level, they will return to the level occupied immediately prior to their appointment in the new category.
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 Trade and Supply Chain Finance Programs (TFP/SCFP) of the Financial Institutions Division (PSFI) within 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. It catalyzes, structure, and fund 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. PSOD is looking for exceptional project and corporate financiers or developers able to identify, structure and close innovative, developmentally and financially robust debt, equity and guarantee transactions. To learn more about PSOD, watch the video on “Working with ADB on Private Sector Financing”.
To view ADB Organizational Chart, please click here.
TFP is an award-winning program that fills market gaps for trade finance by providing guarantees and loans to banks to support trade. ADB’s trade finance business has grown exponentially. In 2019, TFP supported over 4,500 transactions valued at $5.4 billion. The Supply Chain Finance Program is at an early stage of development which ADB intends to scale. In addition to closing market gaps through transactions, TFP/SCFP conducts training and engages with the broader industry to create knowledge products. To learn more about TFP/SCFP, please see http://www.abd.org/tfp.
The Investment Specialist manages SCFP’s business, including technical assistance and other developmental initiatives. In addition to managing ADB’s supply chain finance business, the role will involve originating supply chain finance transactions both independently and in conjunction with TFP relationship managers. The position manages relationships with banks to maximize transaction volumes, providing excellent client service and ensures vigilance in assessing and monitoring risk. Ideally, the position already possessed a profile in the market as a leading expert in supply chain finance . The incumbent will report to Director, PSFI and Advisor (Trade and Supply Chain Finance) and will supervise national and administrative staff.
a. Sales and Origination
- Markets, originates and negotiates supply chain finance agreements and transactions;
- Prepares and deliver presentations at conferences and seminars; and
- Manages client relations with banks, distribution partners, multilaterals.
b. Credit Assessment and Monitoring Risk
- Manages the credit assessment and credit report/application process;
- Reviews and conducts financial analysis and draft credit applications;
- Conducts due diligence;
- Actively monitors corporate and financial institution risk;
- Monitors exposures and manages the SCF portfolio; and
- Analyzes and contributes to sector and country analysis reports
c. Transaction Execution
- Conducts negotiations with financial institutions;
- Works closely with TFP specialists to originate transactions;
- Works with ADB’s legal department and external legal counsel to develop and negotiate agreements;
- Contributes to internal administration and reporting; and
- Works with TFP/SCFP’s operations team to ensure transactions are processed, executed and filed efficiently, appropriately.
d. External Liaison
- Communicates with prospective and existing clients;
- Facilitates active relationships with clients, mostly financial institutions;
- Develops, maintains relations and ongoing information exchange with IMF, other multilateral banks, rating agencies, central banks and government officials.
e. Research and Development
- Conducts research on market risks, market pricing, acquire financial and other information on financial institutions and political risks; and
- Develops and markets new products as appropriate
f. Knowledge Sharing
- Participates and contributes to internal and external training and conferences and other activities for advocacy, dissemination and knowledge building
- Writes blogs; information videos
g. Staff Supervision
- Provides leadership and support to reporting staff;
- Supervises the performance of reporting staff, provides clear direction and regular monitoring and feedback on performance; and
- Ensures the ongoing learning and development of reporting staff
Relevant Experience & Requirements
- Master’s degree or equivalent in business, finance, accounting, marketing or other related areas; university degree combined with specialized experience in similar organization/s may be considered in lieu of Master’s degree
- At least 8 years of relevant professional experience working in, and with, financial institutions
- Leading expert knowledge of supply chain finance
- Significant international experience working in emerging markets in several countries.
- Experience in financial analysis and due diligence on corporate, financial institutions and small and medium-sized businesses.
- Experience in marketing and negotiations
- Results-driven, independent and self-motivated, yet able to work collaboratively in team
- Proactive; ‘change agent’
- Willingness to travel extensively
- Excellent oral and written communication skills in English and presentation skills;
- Please refer to the link for ADB Competency Framework for International Staff Levels 3-4.
The selected candidate is appointed for an initial term of three (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. Women are highly encouraged to apply.
Please note that the actual level and salary will be based on qualifications of the selected candidate.