Transaction Support Officer

Job Posting Organization:
The Asian Development Bank (ADB) is a leading multilateral development bank that was established in 196

• Its mission is to foster prosperity in Asia by alleviating poverty and promoting sustainable development across the Asia-Pacific region. ADB is headquartered in Manila, Philippines, and is owned by 69 members, with 50 of them from the region. The organization employs a diverse workforce and operates in multiple countries, focusing on inclusive, resilient, and sustainable growth. ADB collaborates with its members and partners to address complex challenges, utilizing innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard the planet. ADB is committed to creating an inclusive environment where all individuals are treated with respect and given equal opportunities, encouraging applications from all qualified candidates regardless of their background, gender, or disabilities, with a particular emphasis on promoting gender diversity within its workforce.

Job Overview:
The Transaction Support Officer position is situated within the Private Sector Operations Department (PSOD) at ADB, specifically in the Transaction Support Division (PSTS). The role is crucial for supporting the Corporate Governance Due Diligence (CGDD) activities related to PSOD's projects, portfolio, and programs. The officer will be responsible for operational and administrative functions that ensure the effective execution of CGDD in alignment with ADB's guidelines for non-sovereign operations. This position requires a proactive approach to managing stakeholder relationships, conducting thorough due diligence assessments, and providing technical inputs based on findings. The officer will also be involved in drafting action plans, overseeing third-party governance specialists, and contributing to the development of knowledge products that enhance corporate governance practices within PSOD projects. The role demands collaboration with various teams and the ability to adapt to changing priorities while maintaining high ethical standards.

Duties and Responsibilities:
The Transaction Support Officer will have a comprehensive set of responsibilities, including:

• Overseeing engagement and coordination with PSOD deal teams for corporate governance due diligence across various projects.
• Conducting in-depth due diligence exercises and assessments for both pipeline and portfolio projects, providing analysis" style="border-bottom: 1px dotted #007bff !important;">technical analysis and operational support based on findings.
• Drafting action plans and recommendations from due diligence exercises and presenting them to relevant stakeholders.
• Managing the selection and evaluation of third-party governance specialists for specific tasks related to due diligence.
• Directing and supervising the work of third-party specialists, ensuring alignment with ADB's policies and best practices.
• Preparing template corporate governance policies for client reference and use.
• Contributing to the formulation and updates of PSOD policies and procedures involving corporate governance elements.
• Supporting the development of knowledge products through research, interviews, and drafting processes.
• Collaborating with other workstreams and providing support for extended annual review processes that may involve corporate governance improvements. 1
• Performing other duties as assigned in the work plan.

Required Qualifications:
Candidates for the Transaction Support Officer position must possess a Bachelor's degree in law, finance, accounting, business administration, or related fields, with a preference for those with advanced training. A minimum of 8 years of relevant professional experience is required, particularly in private sector transactions across various industry sectors. Candidates should demonstrate excellent research and information-gathering skills, as well as strong oral and written communication abilities in English. The role demands strong analytical and organizational skills, a willingness to travel if necessary, and the capacity to manage multiple priorities effectively. A comprehensive understanding of multilateral organizations' operations and policies, especially regarding corporate governance, is essential. Candidates should also exhibit the ability to work independently and collaboratively in a multicultural environment, maintaining high ethical standards throughout their professional conduct.

Educational Background:
The educational background required for the Transaction Support Officer position includes a Bachelor's degree in law, finance, accounting, business administration, or related fields. Advanced training in these areas is preferred, indicating a higher level of expertise and knowledge relevant to the responsibilities of the role.

Experience:
The position requires at least 8 years of relevant professional experience, particularly in the context of private sector transactions. Candidates should have a proven track record of working on diverse projects across various industry sectors, demonstrating their ability to navigate complex transaction environments and contribute effectively to governance-related assessments and initiatives.

Languages:
Fluency in English is mandatory, with excellent oral and written communication skills necessary for preparing, presenting, and discussing findings and recommendations. While English is the primary language required for this position, proficiency in additional languages may be considered advantageous, particularly in the context of ADB's diverse operational environment.

Additional Notes:
This appointment is a fixed-term position 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 staff member's performance. 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. The organization is committed to hiring nationals of its 69 member countries and encourages applications from all qualified candidates, with a strong emphasis on promoting gender diversity within its workforce.