Associate Portfolio Management Officer

Job Posting Organization:
The Asian Development Bank (ADB) is a leading multilateral development bank established in 1966, headquartered in Manila, Philippines. ADB's mission is to alleviate poverty and promote sustainable development in the Asia-Pacific region. The organization is owned by 69 members, with 50 of them from the region, and employs a diverse workforce dedicated to fostering prosperity in Asia. ADB collaborates with its members and partners to address complex challenges, utilizing innovative financial tools and strategic partnerships to transform lives and build quality infrastructure. The organization is committed to creating an inclusive environment where all employees are treated with respect and given equal opportunities, encouraging applications from candidates of diverse backgrounds, including women and individuals with disabilities.

Job Overview:
The Associate Portfolio Management Officer position is integral to the Southeast Asia Department (SERD) within the Philippines Country Office (PHCO) of ADB. The role involves monitoring and reporting on the performance of the Philippines portfolio, which includes loans, grants, and technical assistance. The officer will be responsible for organizing annual Country Operations Missions (COM) and contributing to monthly portfolio performance reports. This position requires close collaboration with government counterparts, executing agencies, and other development partners to ensure effective portfolio management, strategy formulation, and programming. The officer will analyze portfolio performance, identify implementation issues, and propose solutions, thereby playing a crucial role in supporting the PHCO's objectives and enhancing the effectiveness of ADB's operations in the Philippines.

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

• Monitoring, evaluating, and reporting on the status of ADB's portfolio performance in the Philippines, including project implementation and achievement of development objectives.
• Analyzing and reporting on contract awards and disbursements, tracking overall portfolio performance and individual projects.
• Identifying implementation issues and proposing solutions to executing agencies.
• Liaising with sector division staff to facilitate dialogue with government counterparts and executing agencies.
• Contributing to the preparation of documents such as the COM issues paper, Memorandum of Understanding, and Back to Office Report.
• Acting as a focal point for a selected sector, providing guidance and support to meet oversight requirements.
• Contributing to the Country Strategy and Program, analyzing past and ongoing ADB operations.
• Coordinating the application of SovOps in PHCO.
• Participating in interdepartmental working groups to improve ADB's management information system. 1
• Supporting project leaders in project and technical assistance preparation and implementation. 1
• Performing other duties as assigned in the work plan.

Required Qualifications:
Candidates for the Associate Portfolio Management Officer position must possess a Bachelor's degree in economics or related fields such as finance, administration, information technology/computer science, or development studies, preferably with advanced training. Additionally, candidates should have at least 5 years of relevant professional experience, demonstrating the ability to conduct background research and analysis, handle numeric work, and manage information systems. Strong skills in understanding the interactions between different ADB work areas and workflows are essential, along with the capacity to make causal links, prepare decision-making lists, and prioritize tasks effectively. Proficiency in report writing and verbal communication in English is required, along with experience in facilitating work planning and quality review, and the ability to work collaboratively as a constructive team member.

Educational Background:
The educational background required for the Associate Portfolio Management Officer position includes a Bachelor's degree in economics or related fields. Candidates with advanced training in these areas will be preferred, indicating a higher level of expertise and understanding of the complexities involved in portfolio management and development work.

Experience:
The position requires at least 5 years of relevant professional experience. This experience should include a demonstrated ability to conduct research and analysis, manage numeric data, and navigate information systems effectively. Candidates should have a proven track record of working in roles that involve monitoring and evaluating project performance, as well as facilitating communication and collaboration among various stakeholders.

Languages:
Proficiency in English is mandatory for this position, particularly in report writing and verbal communication. While English is the primary language required, knowledge of additional languages may be considered an asset, especially if they are relevant to the regions or sectors in which ADB operates.

Additional Notes:
This appointment is open to both internal and external applicants and is a fixed-term position with the option to renew for an initial period of up to 3 years, or until the Normal Retirement Date (NRD), whichever comes first. After the initial period, ADB may choose to renew the appointment for an additional 3 years based on various factors, including the staff's performance and the organizational needs. The position is not convertible to a regular appointment. ADB offers a competitive salary and a comprehensive benefits package, including housing and education allowances (if applicable), expatriate benefits (if applicable), a retirement plan, medical and health benefits, paid leave (including parental leave), life and other insurance plans, and opportunities for staff development.