Associate Financing Partnerships Officer

  • Manila City, Metro Manila
  • Permanent
  • Full-time
  • 25 days ago
Join Our Mission to Foster Prosperity in Asian 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 Asan Associate Financing Partnerships Officer, youwill 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 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 Controller's Department, ADB's 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. 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, CTL's 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. Others Support strategic assignments on instruction from relevant International Staff and Director, CCPF, as needed. You Will Need Bachelor's 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. Benefits ADB offers competitive compensation and a comprehensive benefits package . The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience. Paid leave (including parental) 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 isafixed term appointment withoption torenewfor an initial period of three (3) years following Section 3.1 (b) of Administrative Order No. 2.01 ("RecruitmentandAppointment').Thisappointmentisnotconvertibletoaregularappointment.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. Thispositionisfundedbyatemporaryfunding 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 terminatedbeforetheeffectivedateofthenewfixedtermappointment;and(b)adecisionontheir fixed term appointment will be made at the end of the new fixed-term. Staffwhoarecurrentlyunderregularappointmentsbutwilltransitiontothisposition will retain their regular appointment status. Alleligibilityrulesforhousingloanandmortgageinterestsubsidyshallapplytostaff on fixed term appointment. Anyapprovedhousingloanormortgageinterestsubsidypriortothechangetofixed term appointment will continue during staff's new appointment under the same terms and conditions, as applicable. The outstanding housing loan will be due and payable at theend of employment. All the other eligibility rules apply. AboutUs Asian Development Bank (ADB) is an international development finance institution headquarteredinManila,Philippinesandiscomposedof68members,49ofwhicharefromthe 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 its Strategy 2030 . ADBonlyhiresnationalsofits 68 members . ToviewADBOrganizationalChart,pleaseclick here . ADB seeks to ensure that everyone is treated with respect and given equal opportunities to workinaninclusiveenvironment.ADBencouragesallqualifiedcandidatestoapplyregardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply. VisitADBCareers FAQ formore information. Primary Location: Asian Development Bank Headquarters-Philippines-Manila Department: Climate Change and Sustainable Development Department Division: Partner Funds Division Staff Category: Technical Local - HQ Position Level: TL4 Job Posting: 08-Aug-2025, 2:15:48 PM 22-Aug-2025, 11:59:00 PM Show more Show less

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