Senior Private Sector Development Specialist
Job Summary
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.
The position of Senior Private Sector Development Specialist is assigned to the Office of the Director General SARD (SAOD) within the South Asia Department (SARD). You will be outposted in India Resident Mission (INRM) for an initial assignment of three years. After this period subject to business needs the role may be assigned at our Headquarters in Manila Philippines or at another resident mission office. Relocation is required. All reasonable relocation expenses will be covered.
You will report to the Regional Head Private Sector Development of the South Asia Department and will oversee junior team members.
As a Senior Private Sector Development (PSD) Specialist you will lead SARDs efforts to accelerate private sector development including public-private partnerships (PPP) through all modalities of ADB assistance including sovereign financing non-sovereign financing and advisory operations. You will be involved in (i) the development of country partnership strategies and project pipeline with PSD components for sovereign operations (ii) the conceptualization screening and identification of opportunities for supporting private sector led growth and private sector participation (including public-private partnerships) in ADBs assistance program (iii) the support to ADBs PSD operations including PSD-related capacity building creating enabling environment for the private sector project preparation and transaction advisory services and non-sovereign financing (iv) the upstream works of creating long-term value and bankable projects for ADBs advisory and non-sovereign operations including providing private sector feedback for policy reforms supported by ADBs sovereign operations (v) the support to ADBs knowledge services from the perspective of investment climate private sector development and public-private partnerships and (vi) the development and management of relationship with existing and potential clients in the public and private sector.
- Contribute to the development of PSD-related strategies and approaches in South Asia with relevant partners.
- Lead PSD-related inputs to Country Partnership Strategy (CPS) including the development of private sector assessment and PSD roadmap and annual regional work programs.
- Contribute to the development of ADBs strategies and policies to support private sector development with other departments.
- Monitor the development needs for private sector and identifies opportunities for ADBs assistance to PSD through its sovereign non-sovereign and transaction advisory service operations.
- Conduct policy dialogue with governments development partners the private sector and other partners to identify and address challenges to scaling up private sector development and PPPs.
- Lead or contribute in identification of suitable activities for capacity building and creating enabling environment for PSD through upstream policy/regulatory/institutional reform that facilitate private sector intervention and PPP activities.
- Lead or contribute in origination of project preparation support and transaction advisory services in main sectors with efficient marketing negotiation and due diligence of market development and PPP-related issues and projects.
- Facilitate and coordinate the sourcing of new investment opportunities and build a high-quality investment pipeline including usingprofessional networks and relationships.
- Contribute to the development of new approach for private sector financing or programmatic approach to promote private sector financing.
- Lead the identification of opportunities for collaboration between public and private sectors between ADB development partners and private sector investors and between ADBs sovereign non-sovereign and transaction advisory service operations.
- Review and evaluate proposals for sovereign non-sovereign and advisory operations identifying and strengthening PSD components in sovereign operations and promoting integrated approach and ensuring consistency across different modalities.
- Assist Sectors Group (SG) Private Sector Operations Department (PSOD) Office of Markets Development and Public-Private Partnership (OMDP) and other relevant departments and offices in project processing and implementation.
- Co-lead guide or contribute in ADBs PSD operations including capacity building creating enabling environment project preparation and transaction advisory services and sovereign and non-sovereign financing.
- Lead processing and administration of technical assistance to support PSD activities.
- Lead coordination with SG PSOD and OMDP with a focus on PSD including non-sovereign and advisory operations and the development of systems and tools for overall pipeline and portfolio management.
- Build and manage relationships with relevant government agencies development partners civil society and other important partners in the public sector.
Network and work with entrepreneurs investors corporates and other important partners in the private sector and build relationships with major commercial lenders institutional investors insurers and the multilateral and bilateral agencies.
Knowledge Services- Lead or assist ADBs knowledge services related to private sector development public-private partnership investment climate reforms to foster private sector led growth market trends and other relevant topics to accommodate challenges related to private sector investment and PPP with innovative solutions.
- Maintain and share knowledge of emerging best practices in the market including the regional and global markets.
- Prepare and provide comments on policy knowledge and project papers related to private sector development PPP and other ADB operations.
- Organize participate in and contribute to relevant knowledge-sharing events.
- Lead the establishment of a task team on private sector development and take the role of task team leader.
- Develop and implement a capacity development program.
- Oversee the performance of reporting staff provide clear direction and regular monitoring and feedback on performance.
- Ensure the ongoing learning and development of reporting staff.
- Masters degree or equivalent in economics business administration finance accounting public policy or other related areas or University degree and at least 5 years of specialized experience relevant to the position can be considered.
- At least 10 years work experience in developing and implementing Private Sector Development (PSD) programs and projects Public-Private Partnership (PPP) project development multi-sector infrastructure transaction advisory and commercial finance transactions (including project corporate or bank finance and equity or guarantees) in collaboration with the government private sector investors and banks and international and bilateral organizations.
- Diversified international experience working in the development institutions and private sector operating in developing countries (e.g. development finance institutions development agencies commercial banks investment funds advisory firms and corporates) in several countries.
- Experience building new teams including setting-up capacity development processes.
- Build professional relations with several partners and work with different teams in diverse multicultural environment.
- Please refer to the link for ADB Competency Framework for Technical International Staff Level 2.
ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADBs standards and comparator markets taking into account your qualifications and experience.
- Housing and education allowance (if applicable)
- Expatriate benefits (if applicable)
- Retirement plan (if applicable)
- Medical and health benefits
- Paid leave (including parental)
- Life and other insurance plans
- Staff development
This appointment is open to internal and external applicants.
This is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period this appointment may at the option of ADB be extended once for up to 2 years converted to a regular appointment or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staffs particular blend of skills and experience in the foreseeable future; and (b) Staffs performance is satisfactory and they are suitable for further employment.
ADB is a leading multilateral development bank supporting inclusive resilient and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together ADB harnesses innovative financial tools and strategic partnerships to transform lives build quality infrastructure and safeguard our planet. Founded in 1966 ADB is headquartered in Manila
and owned by 69 members50 from the region.
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.
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About Company
The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equ ... View more