Investment Specialist/Senior Investment Specialist at Asian Development Bank

Manila, Metro Manila, Philippines -

Full Time

Start Date

Immediate

Expiry Date

31 Aug, 26

Salary

0.0

Posted On

02 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Equity Investment, Portfolio Management, Financial Valuation, Due Diligence, Corporate Finance, Investment Banking, Risk Management, Deal Structuring, Corporate Governance, Negotiation, Financial Analysis, Asset Management, Strategic Planning, Staff Supervision, External Liaison

Industry

International Trade and Development

Description

Join Our Mission to Foster Prosperity in Asia Are you ready to make a lasting impact on 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 positions of Investment Specialist/Senior Investment Specialist are assigned to the Equity Investments Unit (OPSD-EIU) in the Office of the Director General within the Private Sector Operations Department (PSOD). You will be based at our Headquarters in Manila, Philippines and relocation is required. All reasonable relocation expenses will be covered. You will report to Advisor, PSOD and Head, Equity Investments Unit and will oversee junior team members. Your Role As Investment Specialist/Senior Investment Specialist, you will be expected to lead and supervise component parts of the team and portfolio, depending upon experience, and will contribute to the build-out and development of a "best in class" equity asset and portfolio management function. You will: a. Origination and Processing Originate new equity investments which satisfy ADB's development impact and financial objectives – working in close collaboration with ADB's sector teams and Resident Missions. Execute equity investments by playing a leading role in the deal team – taking specific responsibility for the investment thesis, the realistic financial returns, the key risks, and the exit plan. Manage the due diligence process (financial, commercial, operational, and legal) to ensure that an assessment is carried out of the expected risks and return. Provide advice to the deal team for all direct equity investments on deal structuring, valuation, and bidding strategy. b. Management of Key Accounts Assume primary account responsibility and relationship responsibility for assigned key accounts. Approve waivers and amendments, annual reviews, ratings, valuation reports, exit proposals and other documents submitted by EIU staff in connection with assigned key accounts. Perform, if assigned by Advisor, PSOD and Head, EIU, the role of director on the board of certain ADB investee companies representing ADB's interest following the principles of sound corporate governance. c. Portfolio Management Oversee the monitoring of the financial health and development impact of the portfolio company, ensuring that all key issues are considered and ADB's strategic objectives are delivered. Monitor periodic reviews and progress reporting on project implementation. Ensure that the portfolio company follows ADB's rights that are contained in the shareholder agreement and is in compliance with our Environmental and Social safeguards standards. Monitor the payments of fees and the receipt of income/dividends from equity investment and equity divestment. Monitor PSOD's portfolio regarding composition, size, quality, concentration risk, diversification, credit quality migration, valuation movements, and other criteria. Ensure quality and consistency of reports and outgoing communications related to portfolio management. Compare exit alternatives and executing approved exit strategies to return cash to ADB. Identify emerging risks and project implementation problems and lead in the identification of action plans to mitigate such risks through the proposed investment structure or through other solutions. Oversee the financial health and development impact of the portfolio, conduct periodic reviews, ensure compliance with ADB's standards and with Environmental and Social Safeguards standards and that all key issues are considered and ADB's strategic objectives are delivered. d. Strategy and Planning Lead, supervise, and participate in different initiatives and change projects. e. Knowledge Center for Governance, Risk Advisory, and Development Impact Lead and oversee the coordination and expansion of existing and future programs introducing international best practices at investee companies with regard to corporate governance, risk management, internal controls, and other initiatives. Measure expected development, environmental and social safeguard outcomes in existing and proposed interventions in close liaison with the Private Sector Transaction Support team. Lead the portfolio review, credit reviews, and extended annual review reports (XARRs) of the portfolio. f. External Liaison and Knowledge Sharing Facilitate active relationships with financial intermediaries in the region, institutional investors, and other commercial partners. Report on market and investment trends. g. Staff Supervision Create and lead diverse teams and ensure the quality of work. Supervise the performance of teams and individuals providing clear direction and regular monitoring and feedback on performance. Provide coaching and mentoring to team members to ensure their ongoing learning and development. You will need: A University degree in Business and/or Finance or relevant fields; preferably at post-graduate level or its equivalent. At least 6 years of relevant professional experience in Investment Banking, Corporate Finance or related fields including international work experience in several countries. An understanding of how to conduct advanced valuation analysis in respect of project & corporate finance transactions, financial institutions, and private equity investments. In addition, it is essential that they have a deep understanding and appreciation of equity markets and products. Strong risk management expertise, covering the different risk categories (market risk, credit risk, operational risk), etc. Extensive knowledge and understanding of equity, loan, and related products, including pricing, servicing, accounting, exiting and with experience in developing markets. Ability to lead negotiations with investee companies, borrowers, fund managers, existing and prospective shareholders, sponsors, and co-investors. Experience dealing with distressed assets is an advantage. Strong analytical and structuring capabilities. Experience leading a team with diverse interdisciplinary skills. There will be frequent travel to developing member countries (DMCs). Written and verbal proficiency in English. Please refer to the link for ADB Competency Framework for technical International Staff grades TI1 and TI2. 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. Housing and education allowance (if applicable) Expatriate benefits (if applicable) Relocation (if applicable) 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 is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period, this appointment may, at the option of ADB, be extended once for up to 2 years, converted to a regular appointment, or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staff's particular blend of skills and experience in the foreseeable future; and (b) Staff's performance is satisfactory and they are suitable for further employment. 1) Multiple positions at various grades may be filled from this opening. 2) The actual position title and grade will be based on your qualifications, experience and job scope that will be assigned to the selected applicants. 3) Location - Manila, Philippines 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

Lead the origination, execution, and management of equity investments to promote sustainable development in the Asia-Pacific region. Oversee portfolio health, ensure compliance with environmental and social safeguards, and supervise team members.