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
This position is assigned to the Private Sector Legal Operations (PSLG) within the Office of the General Counsel (OGC), ADB’s legal department. OGC is responsible for providing legal and policy advice to ADB’s Board of Directors, its Management, and client departments on operational and administrative matters and advises on methods to limit ADB’s risk exposure appropriately. It prepares or reviews documents that create and define the legal rights or obligations of ADB, including financing and investment contracts.
Your Role
You will provide analytical and technical support to OGC’s PSLG team with a particular focus on equity, ADB Ventures, third-party funds, and other related matters in support of the Bank’s nonsovereign operations. You will report to the relevant Assistant General Counsel and/or designated International Staff.
You will:
Work independently on all or a combination of the following defined areas, depending on the assignment and specific duties agreed in the individual work plan.
a. Operational Support (Private Sector Legal Operations)
• Provide analytical and technical support in the processing, negotiating, and administering of nonsovereign financing transactions with a particular focus on ADB’s private equity fund and direct equity investment transactions.
• Provide analytical and technical support on other types of ADB nonsovereign financing as required, including loans, debt capital markets (bonds and debentures), convertible instruments, and equity investments.
• Provide analytical and technical support in the drafting and processing of legal documentation for all such investments, including as necessary non-disclosure agreements, mandate documents, and loan, guarantee, and equity documentation and documentation related to conditions precedent to subscription, disbursement, and funding capital calls; and liaise with stakeholders on all relevant aspects of the investments and documentation process.
• Provide analytical and technical support in resolving complex issues and mitigating legal risks for ADB.
• Assist with credit approval and other internal processing matters, technical assistance, and portfolio management, including waivers, consents, amendments, and restructurings as required.
• Support the development and update of ADB policies, procedures, and guidelines through the provision of legal advice concerning the same.
b. Knowledge Development & Management
• Support the development of template documentation, guidance notes, and/or internal “know-how” for both OGC and other relevant departments. Participates in and contributes to relevant internal and external training and other activities for advocacy, dissemination, and knowledge building.
• Provide diverse general and in-depth reference and research services for PSLG using online databases, external counsel, and other information repositories.
• Coordinate with PSLG in the development, compilation, and maintenance of relevant legal precedents related to nonsovereign operations and prepares a summary of key issues for further discussion and analysis as required.
Performs other duties as may be assigned and reflected in the incumbent’s work plan.
You will need:
Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB’s standards and comparator markets, taking into account your qualifications and experience.
Paid leave (including parental) Medical and health benefits Life and other insurance plans Staff development Retirement plan\\ Housing and education allowance (if applicable) Expatriate benefits (for international staff)
About Us
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 is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.
ADB only hires nationals of its 68 members.
To view ADB Organizational Chart, please click here.
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.
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This vacancy is archived.