Associate Financing Partnerships Officer
Associate Financing Partnerships Officer
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Job Description
Join Our Mission to Foster Prosperity in Asia
Are you ready to make 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 Financing Partnerships Officer is assigned to the Partner Funds Division within the Climate Change and Sustainable Development Department (CCSD). CCSD leads thematic operations knowledge innovation and partnerships. You will be based at our Headquarters in Manila Philippines.
You will report to the Senior Climate Financing Partnerships Specialist Partner Funds Division and will be expected to work collaboratively with team members for the achievement of assigned work outcomes.
Your Role
As an Associate Financing Partnerships Officer you will provide support in administering the umbrella International Finance Facility for Education Financing Partnership Facility (IFFEdFPF) and the multi-partner International Finance Facility for Education Trust Fund (IFFEdTF) under the IFFEdFPF. The incumbent will coordinate with the project officers and the relevant stakeholders for the submission of consolidated reports on project status financial progress and other requirements to the financing partner/s organize regular consultations and meetings as per the relevant cofinancing agreements and contribute to bank-wide systems and data on financing partnerships. The incumbent will also support CCPF with strategic initiatives and project activities as required from time to time including working with consultants.
You will:
A. Trust Fund Administration
Support the identification of projects and technical assistance (TAs) for funding monitor the implementation of projects and TA under the IFFEdTF and help operations departments resolve issues specific to funded projects;
Participate in the preparation and review of project proposals grant assistance reports and/or TA reports by trust fund applicants;
Coordinate the preparation of trust fund-level reports (as stipulated in cofinancing agreements and as per financing partner request) including working with the Controllers Department ADBs external auditor and the financing partner on the submission of trust fund financial statements and audit reports;
Facilitate communications with the financing partner and the general public on trust fund activities (e.g. trust fund reports and websites);
Support the organization and delivery of regular consultations partner visits and other meetings through logistical arrangements and the drafting of programs meeting agendas briefing notes presentations and other relevant materials;
Support fund administration including the monitoring of bank accounts fund inflows and expenditures project disbursements and key financial milestones of loans related to the IFFEdFPF guarantee component; calculation and payment of guarantee premium to the financing partner; and the preparation of budget and work program among others.
Support the fund team in developing and disseminating knowledge products impact stories and other visibility materials with the Strategic Partnerships Division (SPSP) and Department of Communications and Knowledge Management.
Upon trust fund termination coordinate the disposal of the fund balance as per agreements with partners and close the trust fund.
B. General Cofinancing
Ensure that updated partner information is disseminated in a timely manner to concerned parties;
Regularly liaise with internal parties including Partnership Team Education Team SPSP CTLs Trust Fund and Administration Expense Division (CTFA) and project officers on matters affecting or relevant to cofinancing operations; and
Implement protocols to ensure that partner-specific requirements are well-documented and coordinated with CTFA Office of the General Counsel project teams and other relevant offices.
C. Others
Support strategic assignments on instruction from relevant International Staff and Director CCPF as needed.
You will need:
Bachelors degree in Accounting Finance Banking Management or Business Administration or related fields preferably with advanced training.
At least 5 years of work experience.
Familiarity with ADB or other multilateral organizations technical assistance and lending modalities operational policies and procedures and cofinancing products.
Good understanding of and experience in cofinancing operations including administration of trust funds or financing partnership facilities is an advantage.
Strong analytical and problem-solving skills and ability to research and organize important information.
Written and verbal proficiency in English
Please refer to the link for ADB Competency Framework for TL4.
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
This is a fixed term appointment with option to renew for an initial period of three (3) years following Section 3.1 (b) of Administrative Order No. 2.01 (Recruitment and Appointment). This appointment is not convertible to a regular appointment. It may be extended on an exceptional basis for a further fixed period at the option of ADB. This appointment is open to internal and external applicants.
This position is funded by a temporary funding source (e.g. a trust fund financing facility or capital expenditure budget) and therefore the renewal of the appointment and its duration are subject to the availability of the funding source.
For staff on fixed term appointment: (a) the current fixed term appointment will be terminated before the effective date of the new fixed term appointment; and (b) a decision on their fixed term appointment will be made at the end of the new fixed-term.
Staff who are currently under regular appointments but will transition to this position will retain their regular appointment status.
All eligibility rules for housing loan and mortgage interest subsidy shall apply to staff on fixed term appointment.
Any approved housing loan or mortgage interest subsidy prior to the change to fixed term appointment will continue during staffs 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.
About Us
ADB only hires nationals of its 68 members.
To view ADB Organizational Chart please click here.
ADB seeks 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 FAQfor more information.
Required Experience:
IC
Employment Type
Full Time
