Associate Guarantees and Syndications Officer

Job Posting Organization:
The Asian Development Bank (ADB) is an international development finance institution that was established to foster economic growth and cooperation in the Asia-Pacific region. Founded in 1966, ADB is headquartered in Manila, Philippines, and comprises 69 member countries, with 50 of these 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 employs a diverse workforce and is committed to creating an inclusive environment where all employees are treated with respect and given equal opportunities. ADB aims to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while continuing its efforts to eradicate extreme poverty. The organization operates in various sectors, including infrastructure, education, health, and environmental sustainability, and is guided by its Strategy 2030, which outlines its vision for the future.

Job Overview:
The Associate Guarantees and Syndications Officer plays a crucial role within the Guarantees and Syndications Unit (GSU) of the Private Sector Operations Department (PSOD) at ADB. This position is essential for supporting the administration, documentation, and reporting related to cofinancing products, which include various financial instruments such as syndicated loans and third-party funds. The officer will be responsible for managing transaction support, which involves preparing and executing non-disclosure agreements and transaction documents, ensuring compliance with integrity due diligence guidelines, and monitoring adherence to internal procedures. Additionally, the officer will assist in the administration of cofinancing contracts, including drafting reports and processing payments. The role also encompasses database management and communication, where the officer will coordinate staff contributions to internal requests, prepare presentation materials, and update the cofinancing pipeline. Furthermore, the officer will be involved in system requirements and coordination, performing testing and implementation of new systems to facilitate PSOD's processing and reporting needs. This position requires a proactive approach to support the overall mission of ADB in fostering prosperity in Asia.

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

• Transaction Support: - Manage the preparation and execution of non-disclosure agreements. - Assist in the preparation and execution of transaction documents. - Coordinate compliance with integrity due diligence guidelines for cofinancing partners. - Monitor adherence of cofinancing processing with internal procedures. - Establish and populate virtual data rooms used during negotiations. - Assist with the preparation and sharing of project-related information with cofinancing partners.
• Administration of Cofinancing Contracts: - Assist with the administration and reporting requirements under cofinancing agreements, including collecting information, drafting reports, sharing information with cofinanciers, processing payments of premiums, and calculating amounts due.
• Database Management and Communications: - Coordinate GSU staff contributions to internal requests for information. - Contribute to the preparation of presentation materials for seminars, workshops, brochures, and other official publications on official and commercial cofinancing. - Update the cofinancing pipeline and databases. - Contribute to the publication of the bi-weekly newsletter, Asian Capital Markets Snapshot.
• System Requirements and Coordination: - Perform testing and implementation of new systems and updated versions of existing systems to facilitate PSOD's processing, monitoring, and reporting requirements. - Contribute to the enhancement and implementation of systems and procedures, and administer computer application systems to ensure PSOD's requirements are met. - Manage and coordinate the business process continuity systems of the unit.

Required Qualifications:
To qualify for the position of Associate Guarantees and Syndications Officer, candidates must possess a Bachelor's degree, preferably in business, finance, accounting, or other related areas. Advanced training in these fields is also preferred. Candidates should have at least 5 years of work experience, ideally with a background in banking or private sector operations. The role requires strong analytical skills, with the ability to conduct background research and analysis on complex tasks, collect and organize data logically, and apply appropriate computer skills for data analysis. Candidates should demonstrate good analytical thinking, the ability to prioritize tasks, and the capability to work collaboratively as part of a team. Strong interpersonal and communication skills are essential, along with excellent written and verbal communication skills in English.

Educational Background:
The educational background required for the Associate Guarantees and Syndications Officer position includes a Bachelor's degree in business, finance, accounting, or related fields. Candidates with advanced training in these areas will have an advantage. The educational qualifications should provide a solid foundation for understanding financial instruments and cofinancing products, as well as the analytical skills necessary for the role.

Experience:
Candidates for the Associate Guarantees and Syndications Officer position should have a minimum of 5 years of relevant work experience. This experience should preferably be in banking or private sector operations, where candidates have developed skills in transaction support, contract administration, and database management. The ability to undertake background research and analysis on complex tasks is crucial, as is experience in working collaboratively with diverse teams and individuals from different cultural backgrounds.

Languages:
The mandatory language requirement for this position is proficiency in English, both written and verbal. Strong communication skills are essential for effectively conveying information and collaborating with cofinancing partners and team members. While English is the primary language, 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 employee's performance. The role is classified at the TL4 level, and ADB offers a competitive salary and comprehensive benefits package, including retirement plans, medical and health benefits, paid leave (including parental leave), life and other insurance plans, and opportunities for staff development. ADB encourages applications from both internal and external candidates and is committed to creating an inclusive work environment.