Associate Investment Officer at Asian Development Bank

Kathmandu Metropolitan City, Bagamati Province, Nepal -

Full Time

Start Date

Immediate

Expiry Date

11 Oct, 26

Salary

0.0

Posted On

13 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Due Diligence, Financial Modeling, Financial Statement Analysis, Project Finance, Corporate Financing, Risk Assessment, Sensitivity Analysis, Stress Testing, Project Administration, Report Writing, English Communication, Research And Analysis

Industry

International Trade and Development

Description

Join Our Mission to Foster Prosperity in Asia Are you ready to make a difference in the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region. Organizational Setting and Reporting Relationship The position of Associate Investment Officer is assigned to the Private Sector Infrastructure Finance Division 1 (PSIF1) within the Private Sector Operations Department (PSOD). You will be based at our Resident Mission Office in Kathmandu, Nepal (NRM). You will report to the Country Director, NRM and to the designated PSIF1 International Staff and Officer, as applicable. Your Role As an Associate Investment Officer, you will provide technical support and coordination in the processing of ADB's private sector investments and technical assistance in Nepal and other South Asian countries. You will also assist and participate in the identification, development, approval, implementation, and administration of private sector infrastructure financing projects. You will: a. Project Processing Provides analytical support in the areas of credit and financial due diligence, review of contracts and project documents, development of financial models and in general assessing the risk and credit profile of proposed infrastructure investments in the form of debt, equity and guarantees. Performs analysis of financial statements and financial projections/models, performs sensitivity analysis and stress testing, in co-ordination with team leaders and external clients. Participates in selected due diligence missions and provides support to Team Leaders in negotiations with project developers, sponsors, and financiers to facilitate the financial closing of transactions and implement projects. Provides logistical support and interacts with external technical advisors, consultants and lawyers representing ADB in specific transactions. Under the guidance of the Team Leaders, undertakes relevant industry and country research, as needed, as part of transaction risk assessment. Assists in drafting initial and final credit memorandum, preparing summaries of project documents, risk assessment analyses and other required documents as may be needed from time to time throughout the project processing cycle. Interfaces as required with internal departments within ADB, including the Office of Risk Management and the Safeguards Specialists, and assist the Team Leader in addressing credit-related and other issues identified by such departments in respect of transactions under processing. Assists in creating, maintaining and updating comprehensive credit files related to transactions under processing. Assists in Investment Committee meetings and other meetings. b. Project Administration Maintains a database of all projects and financing documents relating to each project. Liaises with the central file keeper to maintain orderly electronically filed documents for each project. Undertakes all activities required to process disbursement requests, including verification of compliance with disbursement conditions and liaison within ADB and with cofinanciers. Verify fee computation. Monitors billing statements of the Controller's department and payments from the borrowers, and follows up on any delays in payments. Ensures borrowers' compliance with covenants. Monitors and follows up on the submission of financial statements, technical, insurance, safeguard, and other reports. Review these reports and draw to the attention of dealing officers any perceived issues. Prepares memoranda to obtain management approval for waivers and consents requested by the borrower. Liaises with the Office of the General Counsel, the Office of Risk Management, the technical advisor, and other relevant parties to consider such waivers and requests. Responds to other requests and needs of the borrower. Assists with the preparation of terms of reference (TOR) for the recruitment of consultants for the due diligence. Provides support in identifying a suitable consultant to address the specificities of the country. Provides comments / inputs on draft due diligence reports, bringing to bear PSOD's experience in operations in India and make appropriate recommendations. c. Others Assist and participate in the identification and development of projects, undertaking the needed due diligence, risk analysis and mitigation work towards the structuring of loans, equity investment, guarantees or other forms of assistance. Provides inputs for updates on PSOD activities to the Country Director, Nepal Resident Mission. Perform other tasks as assigned and reflected in the workplan. You will need: Bachelor's degree in Finance and/or Accounting, preferably with advanced training. At least 5 years of relevant experience in the field of corporate financing or project finance with a leading international or local financial institution, and/or investment bank. Proven ability to undertake research and analysis on difficult but well-defined tasks, collect and organize required data and information, apply appropriate computer skills in organizing and analyzing the data, and prepare notes, papers, and sections of reports. Good analytical thinking with ability to comprehend causal links, make pros and cons analysis, and analyze factors to reach a decision. Effective report-writing and communication skills in English. Able to guide Administrative Staff to facilitate work planning, delivery and quality review. Able to work collaboratively with teams as a constructive team member. Excellent oral and written communication skills. Please refer to the link for ADB Competency Framework for Technical Local grade TL4. Benefits ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience. Retirement plan Medical and health benefits Paid leave (including parental) Life and other insurance plans Staff development Additional Information This appointment is open to internal and external applicants. This opening is a local staff position. It is open only to nationals and permanent residents of Nepal. This is a fixed term appointment with option to renew, initially for a period of up to 3 years, or up to the Normal Retirement Date (NRD), whichever comes earlier, for the purpose(s) and conditions determined by ADB, in accordance with Administrative Order No. 2.01 (Recruitment and Appointment). After the initial fixed-term period, ADB may choose to renew the appointment for up to an additional 3 years or not renewed. This decision will be made in the overall interest of ADB, based on factors including but not limited to the requirement of Staff's particular blend of skills and experience for the medium-term work program of the organizational unit, sufficient funding to cover the renewed period, and Staff's performance and suitability for employment. There is no limit to the number of renewals up to NRD. However, this appointment is not convertible to a regular appointment. About Us ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is headquartered in Manila and owned by 69 members—50 from the region. ADB only hires nationals of its 69 members. To view ADB Organizational Chart, please click here. ADB wants 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. Visit ADB Careers FAQ for more information. #LI-Onsite

Responsibilities

Provide technical support in processing private sector infrastructure investments and technical assistance in Nepal and South Asia. Assist in the identification, development, approval, and administration of financing projects including debt, equity, and guarantees.