Associate Investment Officer

Job Vacancy | Thursday, April 25, 2024

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 of Associate Investment Officer is assigned to the Trade and Supply Chain Division (TSCD) within the Private Sector Operations Department (PSOD). You will be based at our Headquarters in Manila, Philippines.

You will report to the designated Senior Investment Specialist and senior National Staff of the Trade and Supply Chain Finance Program (TSCFP).

Your Role

As an Associate Investment Officer, you will support the TSCFP's middle and back-office operations, which process over 10,000 transactions valued at approximately $5 billion annually. You will work closely with external clients (large international banks and local banks throughout Asia) and various internal departments in ADB. The position ensures the swift and prudent processing of transactions, supports the management of client relationships; performs operational and administrative functions, and contributes to project administration.

You will:

TSCFP Front Office Support

• Support TSCFP front office operations and administration, and interface with partner banks, risk transfer partners, and other multilateral banks. Responsibilities include liaising and building close relationships with clients and counterparties, proactively market TSCFP, and promote utilization of credit facilities.
• Conduct discussions and negotiations with banks and other financial institutions in the region to foster business relationships with ADB. Support the TSCFP team leader and relationship managers in speaking with and/or negotiating with banks participating in the TSCFP regarding the pricing of transactions, individual bank limits, and compliance with financial covenants.
• Provide support in the maintenance of TSCFP limits for partner banks, including renewal of lines, requests for one-off limits, and waiver processing.

TSCFP Middle Office/Transaction Management and Administration

• Manage day-to-day transactions, including eligibility assessment, documentation review, and limit management, ensuring excellent response times and close coordination with TSCFP clients (partner banks).
• Oversee execution trade finance transactions, ensuring completeness of documentation, accuracy of information, and timely delivery of guarantee issuances and loan disbursements, as committed to clients.
• Provide training to TSCFP partner banks on operational procedures, and general management functions such as discussions and consultations with clients relative to utilization of lines and processing of transactions.
• Monitor the participating issuing banks' financial condition and performance, and compliance with the conditions precedent and covenants pursuant to signed TSCFP agreements.
• Support and administer risk participation and risk transfer arrangements with partner international banks and multilateral and bilateral organizations involved in the TSCFP. Work includes coordinating with risk partners on issues such as shared exposure limits on banks and limit allocation.
• Contribute to TSCFP’s knowledge and information technology initiatives.

Qualifications

You will need:

• Bachelor's degree in finance, business administration, accounting, economics, or related fields; preferably with advance training on trade and supply chain and trade and supply chain finance.
• At least 6 years of relevant work experience, preferably in the area of Trade and Supply Chain Finance or equivalent.
• Hands-on experience in trade finance and trade finance processing.
• Strong client orientation and extensive experience in a client-facing role/s in a financial institution setting.
• Ability to conduct discussions with internal and external clients with limited supervision.
• Strong analytical thinking skills, with the ability to comprehend causal links, make pros-and-cons analysis, and analyze factors to reach a decision.
• Ability to independently identify tasks and priorities within the area of responsibility; formulate and then execute plans for the completion of such tasks.
• Ability to work in a multicultural setting, be a strong team player and guide junior staff to facilitate work planning and quality delivery.
• Please refer to the link for ADB Competency Framework for National Staff Level 1.

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)

Additional Information

1. Multiple positions at various levels may be filled from this opening.
2. Actual position title and level will be based on your qualifications, experience and job scope that will be assigned to the selected candidates.
3. Location - Initial appointment to ADB Headquarters, Manila, Philippines. Some positions may be outposted or strategically assigned in a Field Office.

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.

TSCFP is an award-winning program that fills market gaps for trade finance by providing guarantees and loans to banks to support trade. ADB’s trade finance business has grown exponentially. In addition to closing market gaps through transactions, TSCFP conducts training and engages with the broader industry to create knowledge products. To learn more about TSCFP, please see www.adb.org/TSCFP.

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.

Visit ADB Careers FAQ for more information.

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