Associate Project Analyst
Job Vacancy | Monday, September 30, 2024
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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 position of Associate Project Analyst is assigned in the Risk Analytics Unit (RAU) within the Office of the Director General (OPSD) of the Private Sector Operations Department (PSOD). You will be based at our Headquarters in Manila, Philippines.
You will report to Unit Head, OPSD-RAU and/or designated International Staff or Senior National Staff.
Your Role
As an Associate Project Analyst, you will provide analytical support for processing assigned portfolio and new transactions, with emphasis on analytical and technical support for the audit and the development of comprehensive financial models based on best practice and ADB's standards and templates. You will also provide analytical support to the area of portfolio management, or other areas of analytical support following RAU's mandate.
You will:
a. Financial Modeling and Audit
- Build customized well-designed, well-structured and user-friendly financial models for different types of companies and infrastructure projects, for debt and equity investments, following industry best practice and PSOD's criteria, and incorporating important findings from due diligence and inputs from the deal teams and clients.
- Review, modify and sensitize financial models (including detailed documentation of changes) for corporates across multiple sectors and infrastructure projects, designed and built by sponsors or ADB deal teams, for ADB's risk assessment process.
- Conduct walkthrough of customized financial models with counterparties.
- Participate in training-related activities on best practice in financial modeling and important accounting fundamentals.
- Conduct financial analysis and due diligence to understand important business drivers of companies and use findings to develop financial models.
- Conduct benchmark analysis using relevant peers to validate the reasonableness of the assumptions and stress scenarios used in the financial model.
- Perform other tasks, as may be required.
b. Risk Appraisal of New Transactions
- Review, assess, and provide recommendations for important transaction risks covering sponsor, commercial and structure risks among others in proposed and existing financing transactions.
- Participate in drafting risk appraisals for nonsovereign transactions in concept review and final approval stages.
c. Transaction Monitoring
- Support monitoring of nonsovereign transactions and help prepare relevant risk appraisals or valuations.
d. Others
- Participate in selected due diligence conference calls and business travel.
- Assume ad hoc project responsibilities and other forms of assignments.
- Provide support to other divisions and units in PSOD as and when needed for special projects and tasks.
Qualifications
You will need:
- Bachelor's degree in business administration, finance, or relevant fields
- Preferably with Certified Public Accountant (CPA), Chartered Financial Analyst (CFA) qualification
- At least 5 years work experience preferably in international bank, rating agency, accounting firm, or multilateral/bilateral development organization, in financial modeling, risk management, deal origination or investment appraisal
- Experience in: (i) creating and developing financial models for multiple types of companies, including corporates across different sectors and infrastructure projects, (ii) adjusting and reviewing financial models for diverse project finance and corporate finance transactions, and (iii) conducting back-testing of financial models
- Experience conducting financial analysis and forecasting with high level of accuracy in data analysis.
- Knowledge of accounting principles, including sector-specific standards, and the ability to apply these concepts in creating customized financial models.
- Mastery in Microsoft Excel with the ability to build granular models and sensitivity scenarios for debt and equity transactions
- Experience collaborating across teams and with external clients
- Familiarity with risk rating tools, and developments in the area of risk management
Please refer to the link for ADB Competency Framework for Administrative Staff Level 6.
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)
Additional Information
ADB will be rolling-out a new job grading structure on 1 January 2025, which may result in a change of the position grade and title with no change in the terms of reference. By proceeding with your application, you acknowledge and accept the possibility of such changes resulting from the new job grading structure.
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.
To view ADB Organizational Chart, please click here.
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.
Visit ADB Careers FAQ for more information.
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