Senior Private Sector Development Specialist at Asian Development Bank

Manila, Metro Manila, Philippines -

Full Time

Start Date

Immediate

Expiry Date

18 Jun, 26

Salary

0.0

Posted On

20 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Private Sector Development, Project Management, Advisory Engagements, Investment Banking, Transaction Advisory, Financing Structures, Project Implementation, Stakeholder Management, Team Leadership, Policy Development, Consulting Services Management, Knowledge Sharing, Relationship Building, Financial Analysis, Structured Financing

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 Senior Private Sector Development Specialist is assigned within the Central and West Asia Department (CWRD). You will be based at our Headquarters in Manila, Philippines and may be assigned in one of our Resident Missions in the Central and West Asia region and relocation is required. All reasonable relocation expenses will be covered. You will report to the Regional Head, Private Sector Development in CWPS and will oversee junior team members. Your Role As a Senior Private Sector Development Specialist, you will lead ADB's work in the Central and West Asia Region to support ADB's private capital mobilization goals. This role involves identifying, developing, implementing, and managing private sector projects across upstream, midstream and downstream stages of development, in close collaboration with governments, development partners, and the private sector. You must have extensive expertise in private sector advisories and investments, demonstrate broad experience, and work independently across varied assignments, while closely collaborating with the Private Sector Operations Department (PSOD) and the Office of Market Development and Public Private Partnerships (OMDP). You will: Lead early-stage advisory engagements with public and private clients as well as investment-like engagements where ADB contributes time and funds to develop projects for future investments. Lead or contribute in the development of private sector nonsovereign and transaction advisory portfolio by identifying investment and advisory opportunities, contributing to internal approval processes and other related activities in collaboration with ADB solutions, PSOD and OMDP in particular, with whom CWPS collaborate closely. Develop, prepare, and manage technical assistance, including participation in regional initiatives, supporting private sector development. Identify, design, process, implement, and evaluate projects, and other interventions to promote innovative and structured financing solutions using new approaches and modalities in ADB's developing member countries in the CWRD region. Contribute to the development of ADB's strategies and policies to support private sector development in collaboration with other departments. Lead the selection and management of individual consultants and consulting firms, including designing the terms of reference for specialized consulting services. Provide leadership and support to reporting staff – where applicable, supervise their performance, provide clear direction and regular monitoring and feedback on performance and ensure their ongoing learning and development. Organize, participate in, and contribute to relevant knowledge-sharing events. Build and maintain strong relationships with prospects, clients, and government officials. Perform other tasks as assigned and reflected in your workplan. You will need: Master's degree or equivalent, in business or finance related field; or University degree in finance, business and/or related fields combined with at least 5 years specialized experience relevant to the position can be considered. At least 10 years of relevant professional experience in commercial finance, investment banking, or transaction advisory working with private sector investors, banks, governments and/or international organizations. Two years of relevant experience outside ADB within the past five years is required. Years as an ADB-engaged consultant or contractor are considered experience outside of ADB. Experience developing innovative financing structures, particularly in transition economies. Familiarity with multilateral development institutions' processes, financing products and modalities. International experience preferably including work in Türkiye, Central and West Asia. Excellent English written and verbal communication skills. Proficiency in Turkish is preferred. Willingness to travel and work in security challenging countries. Please refer to the link for ADB Competency Framework for 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) Retirement plan (if applicable) 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 position is crucial to the Workforce Rebalancing Framework (2022-2027), a strategic initiative aimed at enhancing ADB's in-house expertise previously sourced from the external workforce. The role seeks seasoned experts with substantial field experience capable of leading policy dialogue, and projects focused on delivering knowledge solutions. Successful applicants may occasionally undertake short-term assignments in other departments or offices, when required. 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. 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

This role involves leading ADB's efforts in the Central and West Asia Region to achieve private capital mobilization goals by identifying, developing, implementing, and managing private sector projects across all development stages. The specialist will also lead advisory and investment-like engagements, contribute to portfolio development, and manage technical assistance projects.