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’s mission is to reduce poverty and promote sustainable economic growth in the region. ADB’s main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.
ADB only hires nationals of its 68 member countries.
The position is assigned in the Transaction Lead Division (PSTS) within the Private Sector Operations Department (PSOD). PSTS is responsible for providing timely and effective business Lead to line-level PSOD staff and is composed of three (3) teams: 1) Development Effectiveness (DE); 2) Integrity Due Diligence and Technical Assistance; and 3) Safeguards.
PSOD provides investment capital to private sector entrepreneurs, corporates and project sponsors, as well as financial intermediaries, such as banks, throughout developing Asia. We catalyze, structure, and fund investments in privately held and state-sponsored companies across a wide range of industry sectors. Our emphasis is on commercially viable transactions that generate financial returns while also delivering on ADB’s organization-wide mission to promote socially sustainable and inclusive economic growth. To learn more about PSOD, watch our video on “Working with ADB on Private Sector Financing”.
To view ADB Organizational Chart, please click here.
The Principal Safeguards Specialist, which is under the Safeguards Team, will lead and provide operational coordination on social safeguards, gender, labor and social protection and specific technical and procedural inputs to selected PSOD projects to ensure compliance with ADB safeguards and social policies during project preparation and implementation. This is a hands-on role and the position will be expected to lead and provide solutions with minimal guidance. The position will also lead and coordinate PSOD’s inputs to the planning and development of ADB safeguards and social policies and represent PSOD in internal and external events. The incumbent will report to Director PSTS and will supervise national and administrative staff.
- Overall Coordination –Lead and coordinate the development of strategic approaches to build and sustain PSOD’s effectiveness in addressing social safeguards, gender and labor issues in private sector loan and equity investment processing and administration; 3) Lead and facilitate liaison and contact with clients, non-government organizations (NGOs), environment and social experts with other international financing institutions, development partners, and within ADB, including coordinating responses to NGOs; and 4) Lead and supervise public information and disclosure initiatives for assigned projects;
- Safeguard and Social Policy Compliance Monitoring – 1) For assigned projects, lead the social team and provide guidance and support to PSOD line divisions in developing, structuring and monitoring social safeguards, gender and development, labor and social protection policy compliance during processing and implementation; and 2) Lead, identify, monitor and report to PSOD management on assigned projects with high social sensitivity.
- Capacity Building – 1) Identify, assess, and monitor overall capacity building needs on social safeguards, gender, labor and social protection and good international practice and standards within the department, including line divisions and resident missions, and clients (especially corporate clients, financial intermediaries such as banks and private equity funds); and 2) Lead, develop and administer as needed technical assistance (TA) and other training programs for client capacity building, especially with regards to social management system development and implementation.
- Project Development – 1) Lead and work with PSOD Management and the safeguards team to identify areas of work beyond safeguards where safeguards, gender mainstreaming and social sustainability may be catalyzers for new lending products; and 2) Lead and work with PSOD Management and the safeguards team to develop projects or programs with a specific safeguards or social focus.
- Policy Review and Knowledge Sharing – 1) Lead PSOD’s participation in the review and development of various safeguard and social policies operations manuals, handbooks, guidelines, among others; 2) Lead PSOD’s participation in relevant thematic groups (e.g. Social Development Thematic Group) and networks in ADB; and 2) Contribute to studies, activities for advocacy, dissemination and internal and external knowledge building relating to ADB’s safeguard and social policies and their effective application for in private sector operations.
- Staff Supervision – 1) Supervise the work of team members and the performance of reporting staff, providing clear direction and regular monitoring and feedback on performance; and 2) Ensure the on-going learning and development of reporting staff.
Relevant Experience & Requirements
- Master’s Degree, or equivalent, in Anthropology, Sociology, Applied Social Science, or other related fields. University degree in Anthropology, Sociology, Applied Social Science, or other related fields combined with specialized experience in similar organization/s, may be considered in lieu of a Master’s degree.
- At least 12 years of relevant hands-on professional experience and demonstrated capacity in leading and managing involuntary resettlement, indigenous peoples, labor, gender dimensions and social due diligence work or related areas in the design, monitoring and administration of IFI-funded infrastructure projects, preferably with private sector financing;,
- International experience working in development in several countries, coordinating and working in multi-disciplinary teams
- Experience with developing or implementing social plans and management monitoring systems to ensure social issues such as involuntary resettlement, indigenous peoples, labor and gender issues are managed and successful outcomes are achieved in a cost-effective manner
- Experience working with corporations with multi-site operations, financial intermediaries including banks and funds and an in-depth knowledge of due diligence processes and application of safeguard and social policies and requirements corporate finance transactions and investments in financial intermediary
- Ability to demonstrate a commercially sophisticated approach to the implementation of social safeguards, labor and gender requirements in a developing country context
- Excellent written and verbal communication skills in English is required
- Please refer to the link for ADB Competency Framework for International Staff Levels 5-6
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. Women are highly encouraged to apply.
Please note that the actual level and salary will be based on qualifications of the selected candidate.