Senior Investment Officer at ADB, Manila, Philippines

Deadline: 2 December 2022

Asian Development Bank (ADB) is currently seeking applications from eligible applicants for the post of Senior Investment Officer 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 Officer will perform the following functions-

• Credit monitoring of assigned PSIS accounts
  • Leads and participates in the preparation of credit monitoring reports.
  • Leads and analyze financial data, problems and remedial actions, and performs equity valuation of investments based on standard financial models.
  • Works with dealing officers to inform relevant staff of warning signals or potential problems in transactions and design and coordinate remedial actions.
  • Participates in due diligence related to project monitoring.
• Project monitoring
  • Ensures adherence by clients to their obligations for submission to ADB of periodic reports on time and accurately and make follow-ups.
  • Leads communication with clients in case of covenant breaches or unexpected developments in a transaction.
  • Works with clients and PSIS staff to design remedial measures (waivers, demand letters, others) and implement them jointly with other ADB departments (ORM, OGC, TD, others).
  • Monitors the development effectiveness parameters and environmental and social management system (ESMS) compliance of transactions for compilation in PSOD’s Development Effectiveness Report.
  • Trains junior staff in the skills required for these tasks and supervises junior staff in their execution.
• Disbursements
  • Acts as responsible counterparty to PSOD’s middle office in leading and supervising the processing of disbursement requests, review of withdrawal applications, verification of compliance with disbursement conditions and/or loan covenants, follow up on submission of required documents and review of their completeness/validity, preparation of correspondence, and re-estimating project costs and ADB’s share of financing commitments.
  • Leads and participates in the development of disbursement projections, actual disbursements, and tracking of shortfalls and identifies the underlying causes of such shortfalls.

Eligibility Criteria

Applicants must have:

• Master’s degree, or equivalent; or Bachelor’s degree in accounting, business, or economics and at least 5 years specialized experience relevant to the position can be considered
• At least 10 years work experience and at least 6 years of supervisory experience
• Experience in training junior staff in the execution of these responsibilities and in supervising junior staff in their assigned areas of responsibility.
• Strong analytical thinking, with ability to comprehend causal links, make pros-and-cons analysis, and analyze factors to reach a decision.
• Ability to independently identify tasks and priorities within the area of responsibility; formulate and then execute plans for the completion of such tasks.
• Demonstrated knowledge and understanding of ADB’s operational processes and procedures.
• Proven ability to undertake research and analysis on difficult tasks.
• Ability to collect and organize required data and information, apply appropriate computer skills in analyzing and organizing the data, and prepare notes, papers and detailed, multi-chapter reports.
• Ability to schedule and assign sub-portions of reports to junior staff and later edit and compile them without supervision.
• Effective report-writing and communication skills in English
• Personal skills and confidence to conduct interviews with ADB’s clients at the clients’ location, requiring international travel.
• Skills and confidence required to conduct negotiations with clients with limited supervision.
• Strong oral and written communications skills.

How to Apply

Applicants must submit their applications through online process.

For more information, visit ADB.