IMPORTANT INFORMATION:

This vacancy is a local staff position. It is open only to nationals and residents of Kazakhstan.

This is a fixed term appointment with option to renew for an initial period of 3 years following Section 3.1 (b) of Administrative Order No. 2.01 (“Recruitment and Appointment’). This appointment is not convertible to a regular appointment. After the initial fixed period, ADB has the option to renew the appointment for up to three years or allow it to expire. This decision is based on ADB’s overall interest in retaining the skills and experience of the staff for medium-term work program within the respective group, department, or office, while considering the availability of funding sources.

Overview

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.

(For internal and external) This is a fixed term appointment with option to renew for an initial period of 3 years following Section 3.1 (b) of Administrative Order No. 2.01 (“Recruitment and Appointment’). This appointment is not convertible to a regular appointment.. After the initial fixed period, ADB has the option to renew the appointment for up to three years or allow it to expire. This decision is based on ADB’s overall interest in retaining the skills and experience of the staff for medium-term work program within the respective group, department, or office, while considering the availability of funding sources.

The position is assigned to the Markets Development Advisory Division 1 (OMDA1) of the Office of Markets Development and Public-Private Partnership (OMDP). OMDP was established to enhance the role of ADB in supporting and enabling developing member countries (DMC) to secure greater private investment and generate private sector-led growth in the region. OMDP will provide upstream and midstream advisory services and technical assistance for clients and the region leading to private investment, and development of markets (including but not limited to Creating Investable Cities (CIC), Energy Transition Mechanism (ETM), and state-owned enterprises (SOE) commercialization). OMDP will serve as a private sector development (PSD) knowledge nexus, engage in internal and external advocacy and capacity building, creating an enabling environment, project preparation and structuring, and mobilizing and catalyzing financing including market development. OMDP also has a project preparation facility that helps governments, and their private sector partners, establish a pipeline of bankable public-private partnership (PPP) projects.

This position has been created as part of the Workforce Rebalancing Framework, which is a multiyear initiative (2022-2027) aimed at increasing in-house expertise in key operational areas that was previously sourced from consultants through ADB’s technical assistance. The goal is to strengthen in-house expertise to enhance the quality of ADB’s policy dialogue, operations, and knowledge solutions delivery by collaborating closely with DMC clients. Expected candidates are seasoned experts with strong field experience who can lead policy dialogue and project work with emphasis on providing knowledge solutions.

To view ADB Organizational Chart, please click here.

Job Purpose

The Senior Markets Development Advisory Officer will provide operational support to OMDP and will contribute to project structuring, stakeholder coordination and conducting financial and commercial analyses, including building and/or updating financial models for PPP and related transactions.

The incumbent will report to Director, OMDA1/ Country Director and/or Designated International Staff. He/She may supervise administrative staff.

Responsibilities

Transaction Advisory Services/PPP Operations

• Assists implementation of OMDP’s vision, goals, work plan and development strategies with high-quality output in line with Strategy 2030.
• Contributes to the development and implementation of the Private Sector Development shift in line with R99-22 (Organizational Review: A New Operating Model to Accelerate ADB’s Transformation Toward Strategy 2030 and Beyond).
• Assists in the identification, structuring, delivery and administration of TAS mandates, PSD projects and PPP programs with effective and efficient marketing, negotiation and due diligence of PPP and PSD-related issues and projects in DMCs, including SOE commercialization as well as green and climate financing initiatives.
• Assists in the internal processes for approval and implementation of TAS mandates, which include preparation of PPP and PSD-related materials and related TAS project documents.
• Assists in the implementation and administration of technical assistance.
• Assists the selection and management of individual consultants who support project teams, including designing of their terms of reference.
• Engages in OMDP’s research and PSD activities for specific themes, including market environment, PPP policies and regulatory frameworks in ADB’s DMCs, key transaction details, etc.
• Contributes to OMDP’s knowledge management activities and leads the establishment and maintenance of data base for knowledge sharing with internal/external clients.
• Supports preparation of country partnership strategy and indicative country and pipeline monitoring for the countries identified, including preparation of a PPP action plan.
• Effectively coordinates with external stakeholders (governments, development partners, civil society, and private sector entities) and internal stakeholders including experts in other departments, and supports regional and solutions departments to achieve their relevant targets and develop strategies and processes for PSD.
• Provides guidance and support to administrative staff to conduct their duties in a smooth and timely manner.
• Performs other duties and tasks that may be assigned by the supervisors.

Qualifications

Relevant Experience & Requirements

• Bachelor’s degree in business administration, economics, finance, legal or other relevant fields, preferably with Master’s degree or equivalent.
• At least 8 years relevant work experience, with at least 5 years PPP/TAS project structuring with relevant experience in financial modelling for PPP projects; and at least 4 years of supervisory experience; related experience in international agencies is preferred.
• Strong analytical and due diligence skills in relation to PPP-related policies and infrastructure projects.
• Demonstrated knowledge and understanding of broad issues of PPP policy, project development and infrastructure finance.
• Excellent written and verbal communication skills in English.
• Proficiency in MS Office (Word, Excel, PowerPoint, etc.) applications, including developing simple macros and automations.
• Excellent interpersonal and communication skills.
• Ability to work collaboratively with teams as a constructive team member.
• Ability to work with individuals from different cultural/national backgrounds.
• Please refer to the link for ADB Competency Framework for National Staff Level 3.

General Considerations

The selected candidate, if new to ADB, is appointed for an initial term of 3 years.

ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s qualifications and experience.

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.

Please note that the actual level and salary will be based on qualifications of the selected candidate.