Markets Development Advisory Officer

Job Posting Organization:
The Asian Development Bank (ADB) is an international development finance institution established to foster economic growth and cooperation in the Asia-Pacific region. Founded in 1966, ADB has grown to include 69 member countries, with 50 of them from the Asia and Pacific region. The organization is headquartered in Manila, Philippines, and employs a diverse workforce dedicated to alleviating poverty and promoting sustainable development. ADB's mission is to create a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while also focusing on eradicating extreme poverty. ADB combines finance, knowledge, and partnerships to achieve its goals, particularly under its Strategy 2030 framework, which aims to address the region's most pressing challenges.

Job Overview:
As a Markets Development Advisory Officer at ADB, you will play a crucial role in supporting the operational aspects of Public Private Partnerships (PPP) and market development initiatives. This position is integral to the Markets Development Advisory Division 2 (OMDA2) within the Office of Markets Development and Public-Private Partnership (OMDP). Your responsibilities will include contributing to project origination, development, structuring, processing, administration, and monitoring of various transactions related to PPPs and market development. You will be expected to implement OMDP's vision and strategies, support the identification and structuring of market development activities, and assist in the due diligence of PPP and private sector development (PSD) projects in developing member countries (DMCs). Additionally, you will coordinate with various stakeholders, including governments and private sector entities, to ensure the successful execution of projects and strategies aimed at enhancing market environments and regulatory frameworks in the region.

Duties and Responsibilities:
The duties and responsibilities of the Markets Development Advisory Officer include:

• Implementing OMDP's vision, goals, and work plans in alignment with Strategy 203
• Supporting the identification, structuring, delivery, and administration of market development activities and technical assistance (TAS) mandates.
• Conducting due diligence on PPP and PSD-related issues and projects in DMCs, including identifying state-owned enterprise (SOE) opportunities and green financing programs.
• Contributing to the implementation of the PSD shift as outlined in R99-22, which focuses on ADB's transformation towards Strategy 203
• Assisting with internal procurement processes for consulting and non-consulting services related to TAS work, including developing terms of reference and output specifications.
• Managing internal processes for the approval and implementation of TAS mandates, including the preparation of relevant materials and project documents.
• Assisting in the programming, implementation, and administration of technical assistance and AP3F projects.
• Contributing to OMDP's research and PSD activities, focusing on market environments, PPP policies, and regulatory frameworks in ADB's DMCs.
• Supporting the preparation of country partnership strategies and monitoring of country pipelines, including the development of PPP action plans. 1
• Coordinating with external stakeholders such as governments, development partners, civil society, and private sector entities, as well as internal experts, to achieve relevant targets and develop strategies for PSD. 1
• Participating in smaller country engagements and contributing to pipeline development as a member of the Country Management Team. 1
• Providing guidance to administrative staff in their responsibilities. 1
• Performing other tasks as assigned by supervisors.

Required Qualifications:
To qualify for the position of Markets Development Advisory Officer, candidates must possess a Bachelor's degree with a specialization in business administration, economics, finance, engineering, or related fields. Advanced training in these areas is preferred. Additionally, candidates should have at least 8 years of relevant work experience, with a minimum of 5 years specifically in PPPs or infrastructure financing, project development, and/or advisory roles within commercial or investment banks, advisory firms, or international financial institutions. Strong analytical, credit, and financial skills are essential, along with the ability to conduct due diligence on PPP and infrastructure projects. Candidates must also demonstrate excellent communication skills, both oral and written, in English, and be proficient in MS Office applications, including the ability to develop simple macros and automations. The ability to work effectively in diverse teams and collaborate with individuals from various cultural and national backgrounds is also required.

Educational Background:
The educational background required for the Markets Development Advisory Officer position includes a Bachelor's degree in business administration, economics, finance, engineering, or related fields. Candidates with advanced training in these disciplines will be preferred, as this will enhance their ability to perform the complex tasks associated with the role.

Experience:
Candidates should have a minimum of 8 years of relevant work experience, with at least 5 years focused on Public Private Partnerships (PPPs) or infrastructure financing, project development, and advisory roles. This experience should ideally be gained in commercial or investment banks, advisory firms, or international financial institutions, where candidates have developed strong analytical and due diligence skills related to PPP and infrastructure projects.

Languages:
Proficiency in English is mandatory for this position, as the ability to present ideas and concepts clearly in both oral and written forms is essential. While English is the primary language required, knowledge of additional languages may be considered an asset, particularly if they are relevant to the regions in which ADB operates.

Additional Notes:
This position is a fixed-term appointment for an initial period of 3 years, with the possibility of extension for up to 2 additional years, conversion to a regular appointment, or termination at the end of the initial period based on ADB's needs and the candidate's performance. The role is classified at the Technical Local Staff grade 5 (TL5) level. ADB offers a competitive salary and a comprehensive benefits package, which includes housing and education allowances (if applicable), a retirement plan, paid leave (including parental leave), medical and health benefits, life and other insurance plans, and opportunities for staff development. ADB is committed to creating an inclusive work environment and encourages all qualified candidates to apply, regardless of their background.