마감; 6.6

ADB(아시아개발은행) Investment Specialist(투자) 채용(~6.6)

Job Vacancy | Monday, May 23, 2022

IMPORTANT INFORMATION:

Close relatives¹ of ADB staff, except spouses of international staff, are not eligible for recruitment and appointment to staff positions. Applicants are expected to disclose if they have any relative/s by consanguinity/blood, by adoption and/or by affinity/marriage presently employed in ADB.

¹Close relatives refer to spouse, children, mother, father, brother and sister, niece, nephew, aunt and uncle

Staff on probation are not eligible to apply. Applicants for promotion must have served at their position for at least one year and must have normally served at their personal level for at least two years immediately preceding the date of the vacancy closing date. Applicants for lateral transfer must have served at their position and personal level for at least one year immediately preceding the date of the vacancy closing date (reference A.O. 2.03, paragraphs 5.8 and 5.9).

In the event that the staff appointed to a new category (i.e. from AS to NS, or from NS to IS) is rated at 2 or lower in the first two performance reviews after appointment at the new level, they will return to the level occupied immediately prior to their appointment in the new category.

Overview

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.

The position is assigned in the Investment Funds and Special Initiatives Division (PSIS) within the Private Sector Operations Department (PSOD). PSIS is responsible for 1) for investments in and management of private equity funds, 2) execution support/product expertise for direct equity investments/ divestments undertaken throughout PSOD, 3) management of concessional financing relationships and funds, and 4) other special investment initiatives in all ADB developing member countries. PSOD provides investment capital to private sector entrepreneurs, corporates and project sponsors, as well as financial intermediaries, such as banks and private equity funds, throughout developing Asia. It catalyzes, structures, and funds investments in privately held and state-sponsored companies across a wide range of industry sectors. Its emphasis is on commercially viable transactions that generate financial returns while also delivering on ADB's organization-wide mission to promote environmentally sustainable and inclusive economic growth. To learn more about PSOD, watch the video on “Working with ADB on Private Sector Financing”.

To view ADB Organizational Chart, please click here.

Job Purpose

The Investment Specialist will source, evaluate and execute commercially oriented private equity investment opportunities (both fund and direct co-investments originated by investee funds) that support ADB’s development. The incumbent will report to Director, PSIS and will supervise national and administrative staff.

Responsibilities

a. Project Management
• Conducts industry and market research to learn of fund management teams in Asia that align with ADB’s private equity (PE) investment strategy and mandate for the private sector;
• Cultivates and maintains relationships with those fund managers in order to position ADB for investment;
• Analyzes potential fund investment opportunities, including evaluating the fund manager's track record, investment strategy, value-add, and investment team;
• Drafts and presents internal proposals for approval by ADB's Investment Committee and Board; 5) Negotiate, structure and complete fund documentation ; 6) Support fund raising activities for the fund; 7) Serve on Advisory Boards of portfolio entities, as required; 8) Attend annual investor meetings for underlying funds; 9) Identify and execute co-investment transactions that support ADB's mission, strategies and policies; 10) Work closely with the portfolio monitoring unit in implementing effective fund monitoring and administration; 11) Ensure compliance with investment strategy, covenants, environmental and social safeguard requirements, and recommend corrective actions as necessary; and 12) Actively monitor fund financial performance and actions, including divestitures

b. Economic, Sector and Thematic Work
• Drafts, reviews and provides comments on project, policy and other papers related to private sector development and operations issues in various themes and sectors

c. Knowledge Sharing
• Participates in and contributes to relevant internal and external sessions, training and conferences and other activities for advocacy, dissemination and knowledge building;
• Maintains and shares knowledge of international best market practices and global and regional trends in the targeted sectors

d. Strategy and Planning
• Works with division team to help achieve ADB’s PE fund business goals and objectives;
• Participates in country teams and missions for planning and programming purposes with particular focus on private sector development and operations and for the identification of investment opportunities in assigned Developing Member Countries of ADB

e. Staff supervision
• Takes the role of team leader and supervise the work of team members in executing deals
• Supervises the performance of reporting staff, providing clear direction and regular monitoring and feedback on performance
• Ensures the on-going learning and development of reporting staff

Qualifications

Relevant Experience & Requirements

• Master's Degree, or equivalent in finance, business administration; or University degree and at least 5 years specialized experience relevant to the position can be considered
• At least 8 years of relevant professional experience in investment banking, private equity, or management consulting. Direct investing experience with a private equity fund, fund of funds, institutional investor, sovereign wealth fund, or similar entity, with a focus on equity and quasi-equity investments preferred
• Strong practical experience in structuring, negotiating and monitoring fund investments and direct co-investment transactions, preferably in a fund of funds context
• Strong understanding of and experienced in building financial models for valuations and financial returns analysis
• Highly motivated and strong work ethic
• Proactive self-starter, with proven ability to initiate (including being resourceful in identifying fund managers) and bring deals to completion
• Sound business judgment, problem solving and commercial instincts
• Excellent organizational and time management skills
• Strong interpersonal skills and ability to work effectively with large, culturally diverse teams at all levels
• Excellent oral and written communication skills in English are required, including a demonstrated ability to communicate ideas clearly and confidently with good presentation skills in one-on-one settings or to larger groups (inside and outside of ADB)
• International experience working in development in several countries.
• Please refer to the link for ADB Competency Framework for International Staff Level 4.

General Considerations

The selected candidate, if new to ADB, is appointed for an initial term of 3 years.

ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s qualifications and experience.

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.

Please note that the actual level and salary will be based on qualifications of the selected candidate.

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출처: https://www.adb.org/careers/220308