Investment Officer (2 positions)

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 positions of Investment Officer are assigned to the Private Sector Financial Institutions Division (PSFI) 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 PSFI International Staff.

Your Role

As an Investment Officer, you will support the PSFI, specifically work relating to on-boarding and structuring of investments in financial institutions (FI) entities in Türkiye. You will work closely with ADB's clients, internal and external stakeholders, and the PSFI team. The responsibilities are across analytical, business development and other support activities, related to the PSFI operations. The position is core to the goals of ADB's New Operating Model, with a stated goal to locate staff closer to clients in the Central West Asian region, making it easier for clients to work with ADB, create new business opportunities, improve ADB's understanding of local contexts, and create more opportunities for impactful solutions. Your core focus will be Türkiye, which may occasionally include transactions beyond Türkiye.

You will:

a. Business Development

• Participate in discussions with existing and potential FI clients (banks, non-banking financial institutions, microfinance institutions) and partners to support the growth of PSFI Portfolio in Türkiye.
• Screen credit risk, business, and reputational profiles of FI candidates for potential engagement and investment by ADB.
• Explore other partnership opportunities for FI clients and ADB, including blended finance transactions.

b. Project Processing

• Manage the workflow and client-engagement process for financial and operational analysis and full-scale financial and operational due diligence of FIs to process ADB investment operations (debt, equity, guarantee, structured products).
• Engage with clients as well as the main target beneficiaries of ADB's FI operations, through remote and on-site visits and closer interaction with clients.
• Prepare financial analysis and project documents write-up as part of ADB approval process for investment and blended finance operations committees.
• Contribute to periodic portfolio review of FI operations in Türkiye, for internal assessment and reporting to Office or Risk Management (ORM) as well as to other ADB stakeholders.
• Provide analytical inputs for internal reporting and monitoring of PSFI operations.
• Coordinate the overall PSFI workflow and support allocation of resources and scheduling activities to ensure time processing of proposals.
• Work extensively with key stakeholders like the ORM in preparing and sharing credit related updates and financial analysis on prospective FI clients for the PSFI portfolio.

c. Handover of portfolio projects

• Lead and coordinate the handover of portfolio projects from PSFI 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. Others

• Analyze developments in the financial sector in ADB developing member countries (DMCs) and specifically in Türkiye and key markets in Central West Asian region.
• Develop technical assistance proposals as needed to support the enhancement of high impact operations for PSFI in the digitization, social/sustainable finance, gender lens and/or climate finance themes.
• Support PSFI's knowledge building and knowledge-sharing activities by contributing to program events, seminars, discussions, blogs, and conferences.

You will need:

• Bachelor's degree in management or finance preferably with advanced training.
• At least 8 years of work experience in the financial sector.
• Experience in origination, client on-boarding, and sustaining client engagement.
• Proven ability to undertake financial and operational due diligence and analysis on financial institutions, collect and organize required data and information, apply appropriate computer skills in organizing and analyzing the data; and prepare notes, papers and sections of reports.
• Good analytical thinking with the ability to comprehend causal links, make pros and cons analysis, and analyze factors to reach and arrive at clear decisions.
• Ability to work collaboratively with teams as a constructive team member.
• Ability to guide Junior team members to facilitate work planning, delivery and quality review.
• Written and verbal proficiency in English.
• 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 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.

1. Multiple positions at various grades may be filled from this opening.
2. The actual position title and grade will be based on your qualifications, experience and job scope that will be assigned to the selected applicants.
3. Location - Ankara, Türkiye (TURM)