Senior Portfolio Management Specialist

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 Senior Portfolio Management Specialist is assigned to the Portfolio Management Division (PFPM) within the Procurement Portfolio and Financial Management Department (PPFD). You will be based at our Headquarters in Manila Philippines and relocation is required and all reasonable relocation expenses will be covered.

You will report to the Director PFPM and will oversee Junior Team members.

Your Role

As Senior Portfolio Management Specialist you will leverage on extensive experience and specialized knowledge of ADB sovereign and non-sovereign operations to prepare assigned section(s) of the annual portfolio performance report (APPR) periodic portfolio presentations for the operations review meetings (ORM) and inputs to other reports such as the quarterly portfolio updates midyear performance review fact sheets etc. The incumbent is also expected to (i) contribute to the formulation of project performance and portfolio management policies including results monitoring and measuring; (ii) support proper management in work planning systems management and quality control on outputs of PFPM within a framework of broad policies principles goals; (iii) participate in strengthening portfolio management and support decision-making by analyzing existing portfolio-related data and proposing new analysis and new indicators; and (iv) initiate and contribute to the preparation of knowledge products capacity building initiatives and other innovative measures to further modernize portfolio management. The job requires flexibility to work across multiple teams within PFPM and provide support. There may also be a need to work in close collaboration with other divisions across PPFD.

Your will:

Strategy and Planning

• Lead the planning and implementation of project and portfolio management (PPM) policies instructions (PAI) guidelines and associated business processes.
• Lead the coordination with other development agencies to harmonize policies and procedures on PPM.
• Contribute to the policy formulation of result-focused project design and management including improved methods to better measure monitor and manage for results.
• Contribute to reviews and development of ADB policies guidelines instructions processes and other related exercises.

Portfolio Management

• Lead the preparation of the assigned section(s) of the APPR and provide inputs to the other portfolio performance reports and reviews in close coordination with SPD and operational departments (RDs SDs and PSOD).
• Coordinate with operational departments on portfolio performance issues and prepare periodic review reports at the project and portfolio levels; and participate and contribute to interdepartmental working groups and addressing business process issues.
• Coordinate the preparation of the Statement of Operations quarterly reports on commitment/approvals and other portfolio and procurement reports.
• Ensure high quality independent advice on ADBs portfolio performance and management is provided to Management and heads of departments in a timely manner and provides guidance to operational departments on the use of project performance management systems for improved measurement and reporting on results.
• Contribute to Digital Agenda 2030 Stage 1 (DAS1) projects including SovOps and Integrated Disbursement System Modernization and work closely with Information Technology Department as One ADB for the effective implementation of the PPFD Roadmap and DAS1.

Knowledge and Capacity Building

• Contribute to the design and delivery of tailored training to ADB and executing agency staff to enhance project design and implementation skills following ADB policies and guidelines.
• Contribute projects for improvements in training delivery of project management training including developing partnerships with selected regional training institutions.
• Champion new ideas and solutions for portfolio studies and improvements in knowledge sharing including the provision of reference and learning materials to share on project implementation and portfolio management-related policies and procedures.
• Contribute to the development of the PPFD/PFPM work plan individual work plans of reporting staff and submissions for the Work Program and Budget Framework.

Take the role of mentor to develop capabilities/potential of reporting staff over diverse teams and oversees the performance of reporting staff providing clear direction and regular monitoring and feedback on performance.

You will need:

• Masters degree in Business Administration Engineering Social Sciences or other related specialized fields; or University degree in Business Administration Engineering Social Sciences or other related fields and at least 5 years specialized experience relevant to the position in similar organization/s can be considered.
• At least 10 years work experience in project and portfolio management organizational development policy formulation and operations.
• International experience working in development in several countries.
• Familiarity with ADBs relevant OM and SIs for project design and implementation PAIs and the Anti-corruption policy.
• Proficiency in expressing ideas in both spoken and written formats in English.
• Expertise within a specific area of ADBs operations (economic sector or thematic) or range across multiple areas with in-depth knowledge within one area.
• Understanding of data management to undertake data analysis of project and portfolio indicators and analyze trends and propose measures to strengthen portfolio analysis administration and reporting.
• Sound expertise in ADB portfolio analysis including monitoring and reporting of indicators and preparing analytical reports.
• Credible expert in field of expertise with recognized lead projects; manage risks and recommend solutions; and to share relevant knowledge to benefit the broader ADB community
• Perform as a team leader exercising guidance coordination and planning responsibilities over diverse team/units
• Mentor team members providing guidance and advice on project or technical-related matters
• Coach team members to develop their capabilities/potential
• Demonstrate potential for higher responsibilities and demonstrate a strategic and balanced perspective.
• Please refer to the link for ADB Competency Framework for Level TI2.

Benefits

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

Additional Information

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.

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila Philippines and is composed of 69 members 50 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous inclusive resilient and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty. ADB combines finance knowledge and partnerships to fulfill its expanded vision under our Strategy 2030.

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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