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Investment Officer

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Join Our Mission to Foster Prosperity in Asia

Are you ready to make a difference in 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 Investment Officer is assigned to the Agribusiness Investment Team (AIT) in the Office of the Director General (OPSD) within the Private Sector Operations Department (PSOD). You will be based at our Resident Mission Office in Ankara, Türkiye (TURM).

You will report to the Country Director, TURM and designated AIT International Staff.

Your Role

As an Investment Officer, you will provide technical support in the screening, due diligence, structuring, obtaining of approvals, negotiation, implementation and closing of successful direct debt financing, guarantees, equity investments, and technical assistance programs in food and agribusiness companies across ADB's developing member countries. Your core focus will be Türkiye, which may occasionally include transactions beyond Türkiye and food and agribusiness (e.g. rural tourism, manufacturing, services).

You will:

a. Project Processing

  • Lead and provide technical and coordination support in the identification, development, and processing of transactions to be considered for ADB private sector direct agribusiness investment.
  • Lead and support the comprehensive financial assessment, including analysis of audited financial statements, financial modeling including sensitivity analysis, credit rating for debt transactions, and valuation for equity transactions.
  • Lead and support the comprehensive due diligence on market, commercial, technical, environmental, social, corporate governance, and integrity issues related to the proposed transactions.
  • Ensure compliance with internal guidelines, policies, and procedures, as well as with market best practices.
  • Lead and support structuring, negotiations, and legal documentation of the proposed financial assistance, ensuring proper risk management is applied.
  • Design and process relevant technical assistance programs to complement projects.
  • Draft concept and Investment Committee papers and ADB Board documentation.

b. Transaction Origination

  • Lead and assist in developing a pipeline for ADB private sector direct agribusiness investment by identifying potential debt or equity transactions presenting both a strong developmental impact potential and robust financial profile.
  • Provide industry, market, financial, and credit information on targeted companies.
  • Lead and nurture active relationships with food and agribusiness companies, financiers, and various advisors in the region, and particularly in Türkiye.

c. Handover of portfolio projects:

  • Lead and coordinate the handover of portfolio projects from AIT to PSOD's Portfolio Management division (PSPM). This includes the preparation of waiver, amendment, and consent (WAC) forms.
  • Lead and coordinate the timely handover process. This requires passing on the full documentation and knowledge associated with a transaction.

d. Strategy and Planning:

  • Coordinate work with other PSOD teams and departments on project related and strategy policy matters.
  • Collaborate with Agriculture, Food, Nature, and Rural Development Sector Cluster (SD2-AFNR) to support project processing and Sovereign-Nonsovereign Operations (SOV-NSO) synergies.
  • Support Central and West Asia Department (CWRD) with the Türkiye Country Partnership Strategy (CPS) work and other government engagement.

e. Knowledge Sharing

  • Participate in and contribute to relevant learning events and other activities for knowledge building.
  • Draft, review, and provide comments on project, policy, and other papers related to private sector development and operations, particularly for the agribusiness sector.
  • Maintain and share knowledge of emerging best practices in the agribusiness sector.

You will need:

  • Bachelor's degree in business administration or finance or equivalent, preferably with advanced training and Chartered Financial Analyst (CFA) certification.
  • At least 8 years of work experience in corporate and project lending and equity investments with exposure to the food and agribusiness sector in Asia.
  • Understanding of financial modeling, equity valuation, corporate and project finance, and other core banking and investment skills.
  • Knowledge of ADB's policies and processes would be advantageous.
  • Written and verbal proficiency in English and Turkish.
  • Two years of relevant experience outside ADB within the past five years is required. Years as an ADB-engaged consultant or contractor are considered experience outside of ADB.
  • Please refer to the link for ADB Competency Framework for Technical Local Staff grade TL5.

Benefits

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

  • Retirement plan
  • Medical and health benefits
  • Paid leave (including parental)
  • Life and other insurance plans
  • Staff development

Additional Information

Staff on probation are not eligible to apply. Applicants for promotion and for lateral transfer must have served at their position for at least one year immediately preceding the date of the vacancy closing date (A.O. 2.03)

This position is crucial to the Workforce Rebalancing Framework (2022-2027), a strategic initiative aimed at enhancing ADB's in-house expertise previously sourced from the external workforce. The role seeks seasoned experts with substantial field experience capable of leading policy dialogue, and projects focused on delivering knowledge solutions. Successful applicants may occasionally undertake short-term assignments in other departments or offices, when required.

This opening is a local staff position. It is open only to nationals and permanent residents of Türkiye.

This is a fixed term appointment with option to renew, initially for a period of up to 3 years, or up to the Normal Retirement Date (NRD), whichever comes earlier, for the purpose(s) and conditions determined by ADB, in accordance with Administrative Order No. 2.01 (Recruitment and Appointment). After the initial fixed-term period, ADB may choose to renew the appointment for up to an additional 3 years or not renewed. This decision will be made in the overall interest of ADB, based on factors including but not limited to the requirement of Staff's particular blend of skills and experience for the medium-term work program of the organizational unit, sufficient funding to cover the renewed period, and Staff's performance and suitability for employment. There is no limit to the number of renewals up to NRD. However, this appointment is not convertible to a regular appointment.

For staff on fixed term appointment, the current fixed term appointment will be terminated before the effective date of the new fixed term appointment.

Staff who are currently under regular appointments but will transition to this position will retain their regular appointment status.

All eligibility rules for housing loans and mortgage interest subsidy shall apply.

Any approved housing loan or mortgage interest subsidy prior to the change to fixed term appointment will continue during staff's new appointment under the same terms and conditions, as applicable. The outstanding housing loan will be due and payable at the end of employment. All the other eligibility rules apply.