Senior Portfolio Management Specialist

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. Headquartered in Manila, Philippines, ADB was founded in 1966 and currently comprises 69 member countries, with 50 of these members from the Asia and Pacific region. ADB's mission is to alleviate poverty and promote sustainable development, aiming to create a prosperous, inclusive, resilient, and sustainable Asia and the Pacific. The organization combines finance, knowledge, and partnerships to achieve its goals, particularly under its Strategy 2030 framework. ADB is committed to ensuring equal opportunities and a respectful work environment for all employees, encouraging diversity and inclusion within its workforce.

Job Overview:
The Senior Portfolio Management Specialist position is a critical role within the Portfolio Management Division of the Procurement, Portfolio and Financial Management Department at ADB. This role requires a seasoned professional with extensive experience in project and portfolio management, particularly within the context of ADB's operations. The incumbent will be responsible for preparing sections of the annual portfolio performance report (APPR) and other periodic reports, contributing to the formulation of project performance and portfolio management policies, and supporting the management of work planning and quality control within the division. The position also involves analyzing portfolio-related data to enhance decision-making and proposing innovative measures to modernize portfolio management. The role requires collaboration across multiple teams and divisions, emphasizing the importance of strategic planning and effective communication in achieving ADB's objectives.

Duties and Responsibilities:
The Senior Portfolio Management Specialist will lead the planning and implementation of project and portfolio management policies and guidelines. This includes coordinating with other development agencies to harmonize procedures and contributing to the formulation of result-focused project designs. The incumbent will prepare assigned sections of the APPR and other portfolio performance reports, ensuring high-quality, independent advice is provided to management. Responsibilities also include coordinating the preparation of various operational reports, contributing to digital transformation projects, and enhancing knowledge sharing through tailored training for ADB staff and executing agencies. The role involves mentoring junior team members, overseeing their performance, and fostering their professional development. Additionally, the specialist will engage in interdepartmental working groups to address business process issues and contribute to the development of the work plan for the division.

Required Qualifications:
Candidates must possess a Master's degree in Business Administration, Engineering, Social Sciences, or related fields. Alternatively, a Bachelor's degree in these areas combined with at least 5 years of specialized experience in similar organizations may be considered. A minimum of 10 years of work experience in project and portfolio management, organizational development, and policy formulation is required. International experience in development across multiple countries is essential, along with familiarity with ADB's operational manuals and policies. Proficiency in English, both spoken and written, is mandatory, and expertise in ADB's operations or related fields is highly desirable. Candidates should demonstrate strong analytical skills, particularly in data management and portfolio analysis, and possess the ability to lead and mentor diverse teams effectively.

Educational Background:
The educational background required for this position includes a Master's degree in relevant fields such as Business Administration, Engineering, or Social Sciences. A Bachelor's degree in these areas, combined with significant relevant experience, may also be acceptable. The emphasis is on obtaining a strong foundation in project management principles and practices, as well as an understanding of the socio-economic context of the Asia-Pacific region.

Experience:
The position requires at least 10 years of relevant work experience in project and portfolio management, with a strong emphasis on organizational development and policy formulation. Candidates should have a proven track record of working in international development settings, demonstrating the ability to navigate complex organizational structures and contribute to high-level decision-making processes. Experience in mentoring and leading teams is also crucial, as the role involves overseeing junior staff and fostering their professional growth.

Languages:
Proficiency in English is mandatory for this position, as effective communication is essential for the role. While English is the primary language of operation, knowledge of additional languages relevant to the Asia-Pacific region may be considered an asset, enhancing the candidate's ability to engage with diverse stakeholders and contribute to ADB's mission.

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 or conversion to a regular appointment based on performance and organizational needs. The role is full-time and based at ADB's headquarters in Manila, Philippines, with relocation support provided for successful candidates. ADB offers a competitive salary and comprehensive benefits package, including housing and education allowances, retirement plans, medical benefits, and paid leave. The organization is committed to diversity and encourages applications from all qualified candidates, particularly women.