Senior Investment Specialist (Guarantees)

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

Job Overview:
The Senior Investment Specialist (Guarantees) position is situated within the Private Sector Mobilization and Blended Finance Division of the Private Sector Operations Department at ADB. This role is pivotal in leading and mobilizing financing from commercial sources such as banks and insurance companies to support ADB's sovereign and non-sovereign clients. The specialist will be responsible for originating, structuring, executing, and syndicating debt, as well as issuing political risk and credit guarantees. The position requires a proactive approach to maintaining relationships with commercial financiers and contributing to mobilizing financing and risk-sharing capacity for capital market, public-private partnership (PPP), infrastructure, and financial market transactions. The Senior Investment Specialist will also oversee junior team members and report directly to the Director of the Private Sector Mobilization and Blended Finance Division.

Duties and Responsibilities:
The duties and responsibilities of the Senior Investment Specialist (Guarantees) include leading and managing project transactions involving ADB's sovereign and non-sovereign clients in the infrastructure and financial sectors. This involves identifying, structuring, executing, and assisting in syndicating transactions, particularly through the use of credit insurance. The specialist will also support regional department teams in securing financing from commercial sources using ADB guarantees with sovereign recourse. Additionally, the role entails leading business development efforts to mobilize commercial financing through guarantees, promoting innovative financing structures, and building relationships with insurers and major commercial lenders. The specialist will advise on financing structures for transactions with varying risk levels and recommend improvements to ADB's cofinancing policies. Knowledge management is also a key responsibility, including increasing awareness of ADB's guarantee products and preparing instructional materials and publications.

Required Qualifications:
Candidates for the Senior Investment Specialist (Guarantees) position must possess a Master's Degree or equivalent in a business or finance-related field. Alternatively, a university degree combined with at least 5 years of specialized experience relevant to the position may be considered. A minimum of 10 years of relevant professional work experience in project and/or structured finance is required, including hands-on experience in originating, structuring, executing, or working with political risk and credit guarantees, as well as project finance transactions for infrastructure, PPP, and/or financial sector transactions. International experience in development across multiple countries is also essential. Excellent written and verbal communication skills in English are mandatory.

Educational Background:
The educational background required for this position includes a Master's Degree or equivalent in a business or finance-related field. Candidates with a university degree and significant specialized experience may also be considered. The educational qualifications should align with the responsibilities of the role, emphasizing a strong foundation in finance and business principles.

Experience:
The position requires at least 10 years of relevant professional experience in project and/or structured finance. This experience should include direct involvement in originating, structuring, executing, or managing political risk and credit guarantees, as well as project finance transactions specifically within the infrastructure, PPP, and financial sectors. Candidates should also have international experience working in development across various countries, showcasing their ability to navigate diverse financial landscapes and regulatory environments.

Languages:
Proficiency in English is mandatory for this position, with excellent written and verbal communication skills required. While English is the primary language of communication, knowledge of additional languages may be considered advantageous but is not explicitly required for this role.

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. The role is based in Manila, Philippines, and relocation is required, with all reasonable relocation expenses covered. ADB offers a competitive salary and comprehensive benefits package, including housing and education allowances (if applicable), expatriate benefits, retirement plans, medical and health benefits, paid leave (including parental leave), and life and other insurance plans. ADB encourages applications from both internal and external candidates and is committed to fostering a diverse and inclusive work environment.