Markets Development Advisory Specialist

Asian Development Bank (ADB)

Negotiable

On-site - Mandaluyong 3-5 Yrs Exp Bachelor Full-time

Join Our Mission to Foster Prosperity in Asia

Are you looking to have 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 positions of (Senior) Markets Development Advisory Specialist are assigned to the Markets Development Advisory Division 1 (OMDA1) within the Office of Markets Development and Public-Private Partnership (OMDP). You will be based at our Headquarters in Manila, Philippines with frequent travel to Central West and South Asia Region. You will report to Director, OMDA1 and will supervise Junior team members.

Your Role

As a (Senior) Markets Development Advisory Specialist, you will contribute in (i) the delivery of ADB's operations related to advisory and markets development including operations related to Public Private Partnerships (PPP), Private Sector Development (PSD), Asia Pacific Project Preparation Facility (AP3F); (ii) the formulation and implementation of policies, strategies, transactions and programs of OMDP to implement ADB's operations related to advisory operations, PPPs, market development, green and climate financing, and country program development; and (iii) building external and internal relations, stakeholder coordination, and knowledge management activities to accommodate PPP- and PSD-related issues. You will lead/support origination, processing and implementation of Transaction Advisory Services (TAS) mandates and market development activities by preparing, structuring, and procuring infrastructure projects through PPP in collaboration with relevant departments including regional and solutions departments. You will also establish and maintain networks with international and local players in PPP and other markets.

You Will

• Lead and help implement OMDP's vision, goals, work plan and development strategies output following Strategy 2030.
• Identify, structure, deliver, and administer TAS mandates, market development and PPP programs with marketing, negotiation and due diligence of PPP- and PSD-related issues and projects in Developing Member Countries (DMCs), including green and climate financing programs, carbon markets, nature-based solutions and state-owned enterprises opportunities.
• Lead internal process for approval and implementation of TAS mandates and market development activities which includes preparation of related project documents.
• Contribute to the implementation of the PSD shift following R99-22 (Organizational Review: A New Operating Model to Accelerate ADB's Transformation Toward Strategy 2030 and Beyond).
• Lead selection and management of individual consultants who support deal teams, including designing of their terms of reference.
• Undertake PPP and PSD market research activities, identifying constraints and providing solutions for promoting PSD/PPP policies, operations and regulatory frameworks in ADB's DMCs.
• Develop relationships with governments, development partners, civil society, and private sector entities within your responsibilities.
• Help prepare country partnership strategies, country management teams and provide inputs and feedback to support ADB's PPP and PSD operations following the framework for ADB's support to the relevant DMCs; and support "One ADB" approaches to infrastructure projects alongside other regional and solutions departments.
• Coordinate and support regional development and implement PPP projects with the regional and other solutions departments and Private Sector Operations Department on PPP and PSD activities.
• Coordinate within OMDP on developments, new opportunities and challenges, and provide recommendations. Motivate staff to perform at their full capacity.
• Manage the performance of teams and individuals, providing clear direction and regular monitoring and feedback on performance.

You Will Need

• A University degree in accounting, business administration, economics, engineering, finance or other relevant fields preferably at post-graduate level or its equivalent.
• At least 6 years of relevant professional experience developing infrastructure projects including PPP transactions, and climate financing.
• Hands-on experience structuring project finance transactions or providing advisory services in multiple sectors and countries including negotiation and coordination.
• In-depth knowledge about PPP and financial market products and/or due diligence experience implementing infrastructure or climate.
• Network with financial communities including export credit agencies and investment/commercial banks.
• High proficiency in English, both written and spoken.
• International experience working in several countries.
• Please refer to the link for ADB Competency Framework for International Staff grades TI1 and TI2.

Benefits

ADB offers 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

Additional Information

These are fixed term appointments with option to renew for an initial period of three (3) years following Section 3.1 (b) of Administrative Order No. 2.01 ("Recruitment and Appointment"). These appointments are not convertible to a regular appointment. At the end of the initial period, these appointments may be renewed for a period of up to three years, or not renewed. There is no limit on the number of renewals. These appointments are open to internal and external applicants.

These positions have 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 developing member country clients. Expected candidates are seasoned experts in the advertised area(s) with strong field experience who can lead policy dialogue and project work with emphasis on providing knowledge solutions. Staff may undertake short-term assignments in other groups, departments or offices only when the expertise in the advertised area(s) is needed by those groups, departments or offices.

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 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 our Strategy 2030.

ADB only hires nationals of its 69 members.

ADB wants 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.