Join Our Mission to Foster Prosperity in Asia

Are you ready to make a lasting impact on the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.

Organizational Setting and Reporting Relationship

The position of (Senior) Infrastructure Specialist (Innovation and Green Finance) is assigned to the Green Finance Hub (SGFH) within the Southeast Asia Regional Department (SERD). You will be based at our Headquarters in Manila, Philippines.

You will report to the Head, SGFH, and will supervise National and Administrative Staff and/or consultants.

Your Role

The (Senior) Infrastructure Specialist (Innovation and Green Finance) will support the development of the SERD Green Finance Hub in four critical areas: (i) implementation of the ASEAN Catalytic Green Finance Facility (ACGF); (ii) origination of innovative project pipelines (in close discussion and coordination with PSOD for private sector projects) and implementation of select sovereign projects; (iii) development of innovative of structured finance capacity building programs for internal and external clients; and (iv) development of the innovative country programs, policies and project concepts including a climate/green finance focus.

In all these, the (Senior) Specialist is expected to support the Hub in management of technical assistance sources, work closely with SERD sector and country teams, represent ADB internal and external events, and explore areas for collaboration with other ADB departments including PSOD, OMDP, SPD, TD, and OGC.

You will:

• Lead initiatives in project origination (with SERD resident missions and sector teams), policy harmonization with ACGF and its partners, and ACGF product and pricing development.
• Engage with development partners, including other international financial institutions, green and climate-oriented funds or philanthropic organizations, and project developers to help identify project opportunities.
• Apply and evolve ACGF green frameworks and other eligibility criteria to undertake project screening, selection, and structuring.
• Support ACGF implementation including relationship management with financing and knowledge partners, reporting, and other administrative responsibilities.
• Review, lead discussions (with government agencies and ADB teams) and provide inputs to Country Partnership Strategies and SERD project pipelines to introduce innovation approaches (e.g., new development/sector/green finance goals; carbon/ocean credit schemes; technology; leverage finance approaches; policy changes).
• Work closely with select ADB sector and country staff to develop innovative project concepts in a local or regional context.
• Undertake dialogues with country and sector staff and government agencies to undertake in-country roundtables, project pitches, and project concept formulation to develop a pipeline of innovative projects (in close discussion and coordination with PSOD for commercial cofinancing) and local currency options.
• Oversee staff and consultants engaged by the Hub in areas of origination and project development initiatives.
• For both the ACGF and the larger Hub, supports structured capacity-building programs (with experts in this area) as a subject matter expert in areas of green and related innovative finance.
• Provide guidance, advice, and comment on the calculation of climate finance, assessment of Paris Alignment and climate change policy-based lending for energy sector investments – ensuring that any reputational risk to ADB is a critical aspect of decisions.
• Contribute to an internal ADB knowledge network as well as lead management of some of the formal collaborations (under ACGF or the Hub).
• Support management of Hub technical assistance projects.
• Provide inputs into project, policy or other papers related to innovation in SERD, and if appropriate, other parts of the Bank.
• Perform other duties as may be assigned and reflected in the incumbent’s workplan.

Qualifications

You will need:

• Master’s degree or equivalent, in Environment, Sustainable Development, Finance, Economics or related fields; or University degree in Environment, Sustainable Development, Finance, Economics with additional relevant professional experience can be considered.
• Minimum of 8 years of relevant professional experience with strong policy focus including the below elements.
• Direct experience in originating and structuring infrastructure projects or PPP transactions.
• Experience in leveraged finance/blended finance approaches, particularly in the infrastructure context of developing countries is preferred.
• Experience working with multilateral development agencies and ASEAN government is required.
• Experience in leading development related policies and origination efforts is preferred.
• International experience working in several countries, preferably across developing and developed sectors/countries.
• Knowledge of ADB processes, departments and products is preferred.
• Excellent oral and written communication skills in English are required.
• Please refer to the link for ADB Competency Framework for International Staff level 4/5.

Benefits

ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB’s standards and comparator markets, taking into account your qualifications and experience.

• Paid leave (including parental)
• Medical and health benefits
• Life and other insurance plans
• Staff development
• Retirement plan
• Housing and education allowance (if applicable)
• Expatriate benefits (for international staff)

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.

ADB only hires nationals of its 68 members.

To view ADB Organizational Chart, please click here.

ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.

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