AIIB: Senior Investment Officer, Multi sector (Infrastructure) – Beijing

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing Infrastructure for Tomorrow in Asia and beyond – infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 111 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients” needs by unlocking new capital and investing in infrastructure that is green, technology-enabled, and promotes regional connectivity.

The Public Sector Clients Department, Region 2 (PSC2) is responsible for identifying, originating, preparing, executing, and investing in projects with public-sector clients in Pakistan, Afghanistan, Central Asia, East Asia, West Asia, Europe, North Africa, and Latin America (Region 2) across the range of AIIB-covered sectors through various financing instruments and solutions. PSC2 leads the coverage of public-sector and private-sector clients with a background of public-sector ownership (state-owned enterprises), taking responsibility for project preparation, due diligence, and approval, ensuring that key economic, commercial, financial, and legal issues are considered and incorporated in the financing structure and legal documentation and followed through during the implementation phase.

The Senior Investment Officer will be responsible for the origination, structuring, and execution of infrastructure-related public-sector transactions, with an emphasis on developing and implementing low-carbon and climate-resilient infrastructure projects, climate policy reform programs, results-based financing programs, and economic evaluations of infrastructure investments as well as policy reform measures. They will contribute support the planning, design, preparation, and implementation of projects/programs that will help meet the rapid growth in public-sector infrastructure in Region 2.

Responsibilities:

• Ensure that key economic, financial, technical, legal, environmental, and social issues are properly considered and risk-mitigation measures are sufficiently incorporated in the financing structure and legal documentation during the project preparation.
• Lead or co-lead comprehensive assessments of national structural and climate policies in infrastructure sectors, including carbon pricing and natural capital conservation measures.
• Analyze policy impacts on service provision, Nationally Determined Contributions targets, and private investment; identify reform opportunities; and develop monitoring and evaluation frameworks.
• Oversee and/or lead the implementation of AIIB’s investment operations with the objective of enhancing quality and accelerating project implementation and a focus on delivering results.
• Lead or participate in dialogue with clients, cofinancing partners, and other stakeholders on strategic issues and the the implementation of AIIB’s investments.
• Advise clients on the preparation of technical and feasibility studies and technical design of projects, leading to investment prioritization and cost-effective solutions to investments.
• Conduct project risk assessment of projects and programs and advise project teams on mitigation strategies to manage risks.
• Carry out due diligence and institutional assessments on executing agencies, including implementation capacity assessments of project counterparts.
• Support business development activities in public-sector infrastructure projects or nonsovereign-backed financing to state-owned enterprises by interacting with clients, governments, other institutions (e.g., commercial banks, multilateral agencies, nongovernmental organizations, consulting firms, contractors, intermediaries), gathering information on the ground and building business relationships.
• Undertake regular supervision and implementation support missions and site visits, as needed, to ensure that projects will meet development objectives and to help borrowing governments and implementing agencies address any implementation issues they might be facing.
• Support business development and implementation support activities, as needed (specifically during mission trips), in close coordination with relevant teams.

Requirements:

• Minimum 8-10 years of experience in the health, energy, transport, water, information and communication technology, urban, and/or climate finance and green infrastructure sectors gained in a multilateral development bank (MDB) or international financial intermediary in Region 2.
• Master’s or advanced degree in economics, public policy, or related fields, or a sector specialization (water, transport, energy, health, digital, urban development). Technical background at the undergraduate level would be helpful.
• Proven track record of leading cross-functional teams to design and implement multisectoral and climate finance operations in collaboration with internal staff and government/partner stakeholders.
• Experience advising government officials in Region 2 on climate policy and sectoral development priorities, with a track record of developing policy dialogue outcomes into bankable projects, programs, or policy-based financing operations.
• Strong analytical skills in economic assessment, including cost-benefit analysis and sectoral modeling, with demonstrated ability to evaluate the economic, social, and private capital mobilization impacts and sustainability of infrastructure investment and policy-based reform.
• Extensive experience working with infrastructure operations, combined with an understanding of clear linkages between project inputs and activities, economic impact, outputs, and outcomes in infrastructure.
• Strong understanding of economics, climate change, and nature; broad knowledge and familiarity with issues in development finance; and an understanding of an economy’s overall performance and how macroeconomic factors may affect the performance of infrastructure projects.
• Strong knowledge of and experience in multiple infrastructure sectors as well as climate policies in Region 2 would be an advantage.
• Proficient in oral and written communication in English. Knowledge of other languages spoken in Region 2, such as Russian, French, Spanish, Portuguese, and Turkish, would be an advantage.

AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences, and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.

Join in AIIB’s mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.