Associate Investment 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 these being from the Asia and Pacific region. ADB's mission is to alleviate poverty and promote sustainable development through financial assistance, knowledge sharing, and partnerships. The organization is headquartered in Manila, Philippines, and employs a diverse workforce dedicated to achieving its goals of prosperity, inclusivity, resilience, and sustainability in the region. ADB is committed to maintaining a respectful and inclusive work environment, encouraging applications from all qualified candidates regardless of their background, and actively promoting gender equality in its hiring practices.

Job Overview:
As an Associate Investment Officer at ADB, you will play a crucial role in supporting the Risk Analytics Unit within the Private Sector Operations Department. Your primary responsibilities will involve providing analytical support for processing both portfolio and new transactions. This includes developing financial models that adhere to ADB's standards and best practices, conducting audits, and ensuring that all financial models are well-structured and user-friendly. You will also be involved in portfolio management and the valuation of equity investments, contributing to the overall mission of ADB to foster sustainable development in the Asia-Pacific region. The role requires a strong analytical mindset, proficiency in financial modeling, and the ability to communicate effectively with various stakeholders.

Duties and Responsibilities:
The duties and responsibilities of the Associate Investment Officer include:

• Financial Modeling and Audit: - Build and maintain custom financial models for various corporate and infrastructure projects, ensuring they meet industry best practices and ADB's criteria. - Audit and modify existing financial models, documenting all changes for transparency and accuracy. - Participate in due diligence processes, including conference calls and missions, to gather necessary information for analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis. - Conduct thorough financial analysis and benchmarking to identify key business drivers and develop models based on validated assumptions. - Facilitate walkthroughs of financial models with counterparties to ensure understanding and accuracy.
• Risk Appraisal of New Transactions: - Review and assess transaction risks, including sponsor, commercial, and structural risks associated with proposed financing. - Provide recommendations to origination teams regarding risk mitigation strategies, deal structuring, security" style="border-bottom: 1px dotted #007bff !important;">security arrangements, and financial covenants. - Draft risk appraisals for both concept review and final approval stages, ensuring comprehensive risk assessment.
• Training and Support: - Conduct training programs on best practices in financial modeling and accounting fundamentals. - Provide support for ad hoc projects and assume additional responsibilities as required within the Private Sector Operations Department.

Required Qualifications:
To be considered for the Associate Investment Officer position, candidates must possess the following qualifications: - A Bachelor's degree in Business Administration, Finance, or a related field is required, with advanced training being preferable. - Professional qualifications such as Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) are advantageous. - A minimum of 5 years of relevant professional experience in an international bank, accounting firm, or multilateral/bilateral development organization, specifically in financial modeling, forecasting, risk management, or investment appraisal. - Demonstrated experience in building and auditing complex financial models for various sectors and infrastructure projects, as well as back-testing these models. - Mastery of Microsoft Excel, with the ability to create detailed models and conduct sensitivity analyses for debt and equity transactions. - Familiarity with risk rating tools and developments in risk management is essential. - Strong report-writing and communication skills in English are mandatory.

Educational Background:
Candidates must have a Bachelor's degree in Business Administration, Finance, or a relevant field. Advanced training in these areas is preferred, and additional qualifications such as CPA or CFA are considered advantageous. This educational background is essential for understanding the complexities of financial modeling and risk management required for the role.

Experience:
The position requires at least 5 years of relevant professional experience. This experience should be in an international banking environment, accounting firm, or a multilateral/bilateral development organization. Candidates should have a strong background in financial modeling, forecasting, risk management, or investment appraisal, with demonstrated expertise in building and auditing financial models for various sectors and infrastructure projects.

Languages:
Proficiency in English is mandatory for this position, particularly in report writing and communication. While English is the primary language required, familiarity with additional languages may be considered beneficial but is not mandatory.

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 employee's performance. The role is full-time and offers a competitive salary and comprehensive benefits package, including housing and education allowances (if applicable), retirement plans, medical and health benefits, paid leave (including parental leave), and life and other insurance plans. ADB is committed to hiring nationals from its 69 member countries and encourages applications from all qualified candidates, particularly women.