Investment Officer (Climate Change)

You will need:

Bachelors degree in finance economics environmental science engineering or related field preferably with advanced training. Specialized training in climate finance or sustainable development is an advantage.

At least 8 years of relevant professional experience in a commercial bank development finance institution private company or multilateral organization.

Demonstrated track record in conducting climate risk assessments Paris Agreement alignment checks GHG accounting and technical climate reviews for investments ideally on private sector projects. Experience applying climate risk tools or platforms (such as analytics-based tools).

Familiarity with due diligence processes including financial technical environmental and social safeguards.

Strong analytical and writing skills for preparing climate risk reports due diligence notes and investment recommendations.

Excellent communication skills to present technical findings to both technical and non-technical stakeholders.

Written and verbal proficiency in English

Two years of relevant experience outside ADB within the past five years is required. Years as an ADB-engaged consultant or contractor are considered experience outside of ADB.

Ability to work across multidisciplinary teams and engage with private sector clients.

Please refer to the link for ADB Competency Framework for TL5.

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)

Relocation (if applicable)

Retirement plan

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 position is crucial to the Workforce Rebalancing Framework (2022-2027) a strategic initiative aimed at enhancing ADBs in-house expertise previously sourced from the external workforce. The role seeks seasoned experts with substantial field experience capable of leading policy dialogue and projects focused on delivering knowledge solutions. Successful applicants may occasionally undertake short-term assignments in other departments or offices when required.

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 Staffs particular blend of skills and experience for the medium-term work program of the organizational unit sufficient funding to cover the renewed period and Staffs 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.

About Us

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 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 FAQ for more information.

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

While the position of Investment Officer (Climate Change) is assigned to the Climate Change Strategy and Engagement Division (CCSE) of the Climate Change and Sustainable Development Department (CCSD) you will be strategically assigned in the Climate Finance Team under Office of the Director General (OPSD) Private Sector Operations Department (PSOD) based at our Headquarters in Manila Philippines. CCSD leads thematic operations knowledge innovation and partnerships.

You will report to the Climate Finance Team Lead PSOD and to Director CCSE/CCSD.

Your Role

As an Investment Officer (Climate Change) you will work in the PSOD Climate Finance Team (CFT). CFT provides support and expertise for all climate work related to private sector projects. CFT focuses on delivering the strategic well-coordinated and internally/externally integrated approach to achieving PSODs climate change targets and building climate and disaster resilience including financing targets and Paris Agreement alignment. You will provide advice expertise and technical support to PSOD deal teams and clients by conducting climate risk and vulnerability assessments ensuring alignment of operations with the goals of the Paris Agreement analyzing greenhouse gas emission footprints and mainstreaming climate finance and impact across private sector operations.

You will:

As a deal team member lead the technical process of ensuring an efficient and high-quality climate due diligence for private sector investment projects in compliance with ADBs Environmental and Social Framework as well as other relevant policies and guidance notes. This includes assessment of alignment with the Paris Agreement greenhouse gas emission accounting climate risk and vulnerability assessments climate finance accounting as well as other related tasks.

Support the improvement of the origination teams and clients abilities to identify mitigation and adaptation opportunities in potential projects and interactions between PSOD and other departments.

Support the identification of adaptation investments resilience measures and climate finance eligibility early in structuring.

Prepare technical assistance (TA) assignments including approval documents and terms of reference and manage the consultants that will be required to provide specialist climate change support.

Support the preparation and implementation of trainings and knowledge events related to private sector climate finance and related topics.

Prepare briefing notes reports and presentations to support internal decision-making and external stakeholder engagement.

Promote open dialogue within and outside PSOD on climate finance opportunities by engaging teams with accessible information on climate change and climate finance opportunities.

Contribute to the continuous improvement of PSOD climate tools methodologies and systems.

Perform any other duties as may be required as indicated in the incumbents workplan.