Ref. Number : 22140
Department : Implementation Monitoring Department
Job Type : Global Recruitment
Posting Date : Sep. 19, 2022
Closing Date : Oct. 10, 2022
Senior Portfolio Management Officer
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow-infrastructure with sustainability at its core.
We began operations in Beijing in January 2016 and have since grown to 105 approved members worldwide. We are capitalized up to USD100 billion and Triple-A-rated by the major international credit rating agencies.
Working with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
To strengthen its portfolio management functions, AIIB's Implementation Monitoring Department (IMD) is recruiting a Senior Portfolio Management Officer ("Senior PMO").
Their main responsibility will be to support the Director General (DG IMD) in (i) building up and leading the Middle-Office team that will efficiently provide administrative, technical, and para-legal support to client-facing PMO's and simultaneously provides outstanding service delivery to the Banks' clients;
and (ii) actively supervise and manage several nonsovereign-backed financing (NSBF) loan exposures to ensure that AIIB's objectives in terms of return, risk mitigation and development impact are met.
The position provides a unique opportunity for the successful candidate to assume a leading role in building and operating Middle Office functions with a team of highly motivated professionals, while in parallel actively supervising a number of the Bank's NSBF loan projects.
A. Build up and lead a Middle Office support team.
Work together with the DG, IMD and PMOs in defining the role and function of the Bank's Middle Office.
Help recruit, supervise, coach, and motivate a team of Middle-Office professionals who work closely with the Bank's internal and external clients.
Establish and maintain Middle Office procedures and practices that enhance service standards, create efficiencies, and reduce operational risk.
Liaise with other Bank departments (Legal, Risk, Treasury, or Office of the Controller) that are involved with the Bank's NSBF portfolio.
Coordinate the documentation of lessons learned and operational insights and the feedback to investment operations teams to continuously improve the Bank's operations and systems.
B. Pro-actively monitor a number of NSBF loan projects.
Assure client company (and / or project) compliance with loan documentation and investment agreements, including timely delivery of required reporting.
Analyze periodic financial statements, monitor compliance with financial covenants, and develop an informed opinion about anticipated project performance.
Provide early warning on emerging risks, recommend appropriate remedies and coordinate action plans with itnernal and external stakeholders.
Lead "change" processes (waivers, amendments, consents, rescheduling) while protecting projects' and lenders' interests;
lead negotiation and legal documentation.
Effectively manage the relationship with internal and external project stakeholders, such as borrowers, sponsors, co-lenders, counsel, advisers, and agents.
Identify and summarize lessons learned from the existing portfolio and provide feedback to other investment teams.
Guide junior team members in all tasks related with portfolio management.
C. Carry out any other duties assigned by the DG, IMD.
Minimum 8-10 years of relevant experience in portfolio supervision of private infrastructure projects at international commercial banks or multilateral agencies.
Profound understanding of the role of the Middle Office in portfolio management and the ways it porivdes value-add to internal and external clients.
Demonstrated track record of successfully resolving complex project and operational issues under time pressure.
Proficiency in managing financial models and running sensitivities; experience in building and auditing financial models would be a plus.
Superior written and verbal communication skills in English with demonstrated ability to synthesize complex issues concisely and effectively.
Ability to inspire and motivate others and to create effective teams that operate across departmental boundaries.
Prior experience in deal origination, project structuring and negotiation is an asset but not a prerequisite.
Experience in Asia would be a plus (including Middle East and Central Asia).
Master's degree (such as economics, finance, business administration, international relations, or similar field relevant to the AIIB's operations) or equivalent experience.
AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process.
We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.
Join in AIIB's mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.
Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.