Project Analyst

Job Posting Organization:
The Asian Development Bank (ADB) is a leading multilateral development bank established in 1966, headquartered in Manila, Philippines. ADB aims to support inclusive, resilient, and sustainable growth across Asia and the Pacific. With 69 member countries, including 50 from the region, ADB collaborates with its members and partners to address complex challenges through innovative financial tools and strategic partnerships. The organization is committed to alleviating poverty and promoting sustainable development in the Asia-Pacific region, ensuring that everyone is treated with respect and given equal opportunities in an inclusive work environment. ADB encourages diversity and actively seeks to hire individuals from various backgrounds, including women, to foster a rich and varied workplace.

Job Overview:
As a Project Analyst within the Risk Analytics Unit (RAU) of the Private Sector Operations Department (PSOD) at ADB, you will play a crucial role in providing analytical support for the processing of assigned portfolios and new transactions. Your responsibilities will encompass a wide range of financial analyses, including the spreading of financial statements and assessing the financial performance of counterparties involved in non-sovereign transactions. You will be engaged in both the origination and monitoring divisions of PSOD, ensuring that financial data is accurately represented and analyzed. This position requires a strong analytical mindset, as you will be tasked with conducting analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis, credit and risk assessments, and data analytics, all aligned with the RAU's mandate. Your work will directly contribute to ADB's mission of fostering prosperity in Asia by ensuring sound financial practices and risk management in the projects undertaken by the bank.

Duties and Responsibilities:
Your duties as a Project Analyst will include:

• Spreading and Financial Analysis: You will spread the financial statements of various counterparties, including borrowers, sponsors, guarantors, and contractors, during both the deal origination and monitoring stages. This involves working with a variety of financial documents such as interim financials, restated financial accounts, audited and unaudited financials, management accounts, and financial projections. You will also be responsible for populating internal templates and ensuring the accuracy of financial statements in ADB's risk rating system, as well as analyzing the financial performance of counterparties based on the completed spreadsheets.
• Risk Appraisal of New Transactions: You will review, audit, modify, and sensitize financial models for corporates in various sectors and infrastructure projects. This includes conducting peer analysis and country and industry research necessary for rating tasks, preparing and assigning risk ratings of counterparties, and drafting rating rationales. You will participate in drafting risk appraisals for non-sovereign loan, guarantee, and equity transactions during the concept review and final approval stages. Additionally, you will perform tasks related to financial analysis, such as developing databases and dashboards and conducting special portfolio reviews.
• Others: You will participate in selected due diligence conference calls and missions as required, assume ad hoc project duties, and provide support to other divisions and units in PSOD for special projects and tasks as needed.

Required Qualifications:
To qualify for the Project Analyst position, you will need a Bachelor's degree in economics, finance, or accounting. A Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or MBA qualification is desired. You should have at least 5 years of work experience in major commercial banks, investment banks, microfinance, rating agencies, accounting firms, or similar institutions, preferably in areas related to risk assessment, management, and auditing. You must demonstrate a proven ability to conduct background research, analytical and evaluative work on complex tasks, collect and organize data, and apply computer skills in analyzing and developing data. Strong financial analysis and forecasting skills, problem-solving abilities, and attention to detail are essential. Excellent command of written and spoken English, along with strong coordination, interpersonal, and diplomatic skills, is required. You should also possess the ability to work independently and effectively in a team environment.

Educational Background:
The educational background required for this position includes a Bachelor's degree in economics, finance, or accounting. Additional qualifications such as a Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or a Master's in Business Administration (MBA) are highly desirable and will enhance your candidacy for this role.

Experience:
The position requires at least 5 years of relevant work experience in major commercial banks, investment banks, microfinance, rating agencies, accounting firms, or similar institutions. Experience in risk assessment, management, and auditing is particularly valuable. Candidates should have a track record of undertaking complex analytical tasks and should be adept at financial analysis and risk management.

Languages:
The mandatory language requirement for this position is an excellent command of written and spoken English. Proficiency in additional languages may be considered an asset, but English is the primary language of communication within ADB.

Additional Notes:
This appointment is open to both internal and external applicants and is a fixed-term appointment for an initial period of 3 years. At the end of this period, the appointment may be extended once for up to 2 years, converted to a regular appointment, or ended on its expiration date, depending on ADB's needs and the performance of the staff member. ADB offers a competitive salary and a comprehensive benefits package, including a retirement plan, medical and health benefits, paid leave (including parental leave), life and other insurance plans, and opportunities for staff development.