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 position is assigned in the Office of the Director General (PAOD) within the Pacific Department (PARD). PARD is responsible for maintaining client relations, delivering ADB assistance to countries in the Pacific region, and coordinating with development partners. PAOD provides overall support to the PARD management in terms of programming, portfolio management, results monitoring, budget, human resources and other administrative matters, and implementation of ADB’s long-term strategic framework to deliver projects that create economic and development impact in the region.
You will report to Regional Head, Private Sector Development of the Pacific Department and will be expected to work collaboratively with team members for the achievement of assigned work outcomes.
Your Role
As a (Senior) Private Sector Development Specialist, you will lead PARD’s efforts to accelerate private sector development including investment in small and medium sized enterprises (SMEs) public-private partnerships (PPP) through all modalities of ADB assistance including sovereign financing, non-sovereign financing, and advisory operations. The position will be involved in (i) the development of country partnership strategies and project pipeline with PSD components for sovereign operations, (ii) the conceptualization, screening and identification of opportunities for private sector involvement and PPP in ADB’s assistance program, (iii) the support to ADB’s PSD operations including PSD-related capacity building, creating enabling environment for the private sector, project preparation and transaction advisory services, and non-sovereign financing, (iv) the upstream works of creating long-term value and bankable projects for ADB’s advisory and non-sovereign operations including providing private sector feedback for policy reforms supported by ADB’s sovereign operations, (v) the support to ADB’s knowledge services from the perspective of investment climate, private sector development, and PPP, and (vi) the development and management of relationship with existing and potential clients in the public and private sector.
The incumbent reports to the Regional Head, Private Sector Development of the Pacific Department and supervises National and Administrative staff.
You will:
Strategy and Planning
Business Development
Monitor the development needs for private sector and identifies opportunities for ADB’s assistance to PSD through its sovereign, non-sovereign, and transaction advisory service operations. Assist in identification of suitable activities for capacity building and creating enabling environment for PSD through upstream policy/regulatory/institutional reform that ultimately facilitate private sector intervention and/or PPP activities. Assist in origination of project preparation support and transaction advisory services in key sectors with effective and efficient marketing, negotiation and due diligence of market development and PPP-related issues and projects. Facilitate and coordinates the sourcing of new investment opportunities and builds a high-quality investment pipeline, including by leveraging personal networks and relationships. Lead the identification of opportunities for collaboration between public and private sectors, between ADB, development partners, and/or private sector investors, and between ADB’s sovereign, non-sovereign, and transaction advisory service operations.
Investment and Operation
Provide the preliminary evaluation of investment opportunities, and the assessment of investment risks, including analyzing financial data and performing business and investment valuation. Conduct policy dialogue with governments, development partners, the private sector, and other stakeholders to identify and address challenges to scaling up private sector development and PPPs. Coordinate with Sectors Group, Private Sector Operations Department (PSOD), Office of Markets Development and Public-Private Partnership (OMDP), and other relevant departments and/or offices for project processing and implementation. Support, guide, and co-lead as required ADB’s sovereign and/or non-sovereign project teams in the life-cycle investment due diligence, approval and closing process, implementation, and monitoring and evaluation. Lead coordination with Country Operations Heads, PSOD and OMDP, with a focus on PSD including non-sovereign and PPP operations, and the development of systems and tools for overall pipeline and portfolio monitoring and management.
External Relations and Coordination
Establish and manage effective relationships with relevant government agencies, development partners, civil society, and other key stakeholders in the public sector. Network and interact with entrepreneurs, investors, corporates, and other key stakeholders in the private sector, and builds relationships with major commercial lenders, institutional investors, insurers, and the commercial arms of multilateral and bilateral agencies.
Knowledge Services
Lead or assist ADB’s knowledge services related to private sector development, public-private partnership, investment climate, market trends, and other relevant topics to accommodate issues and challenges related to private sector investment and PPP with innovative solutions. Maintain and share knowledge of emerging best practices in the market including the regional and global markets. Prepare, review, and/or provide comments on policy, knowledge, and/or project papers related to private sector development, PPP and other ADB operations. Organize, participate in, and contribute to relevant knowledge-sharing events. \\
Staff Supervision and Team Building
Leads the establishment of a task team on private sector development and public-private partnerships and takes the role of task team leader. Develops and implements a capacity development program. Supervises the performance of reporting staff, provides clear direction and regular monitoring and feedback on performance. Ensures the on-going learning and development of reporting staff.
You will need:
Master’s degree or equivalent in business, finance, accounting, marketing or other related areas. Engineering or other related specialized fields; or University degree and at least 5 years specialized experience relevant to the position can be considered. At least 8 years’ relevant experience in project and/or corporate finance, and sovereign and/or non-sovereign portfolio management. Experience in building and managing new teams, including setting-up and capacity development processes. Excellent oral and written communication skills in English and strong interpersonal skills Diversified international experience working in the development sector/institutions (e.g., development finance institutions, development agencies, and/or commercial banks etc.) in several countries. Please refer to the links for ADB Competency Framework for International Staff Level 4 and 5.
Additional Information
This position is based in ADB HQ in Manila and may be outposted to Pacific Liaison and Coordination Office in Sydney, Australia after one (1) year.
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.