Portfolio Officer - Middle Office The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond-infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
The Portfolio Management Department (PMD) is responsible for monitoring the implementation of AIIB-funded projects, providing administration, risk management, and quality assurance of the Bank's existing and fast-growing portfolio comprising both sovereign-backed financing and nonsovereign-backed financed projects, and managing and refining investment processes (including portfolio management processes and methodologies) in line with international best practices, with the goal of ensuring timely implementation of Bank-financed projects with high-quality standards, in compliance with Bank policies, and on-track to achieve Bank's strategic goals.
The Portfolio Officer - Middle Office reports to Senior Portfolio Officer and the Head of PMD's Middle Office (MO), and plays an important role in PMD's MO team in providing administrative, technical, and para-legal support to client-facing Portfolio Officers (POs) in PMD's Project and Asset Management team and simultaneously provides outstanding service delivery to the Bank's clients.
Responsibilities: The main responsibility of the Portfolio Officer - Middle Office, includes, but not limited to, the following:
- Support the Head of MO to establish, maintain and innovate Middle Office operating and reporting systems and processes, technical guidance, and operational procedures, etc. that will enhance service standards, create efficiencies, and reduce operational risks.
- Support client facing-POs and Project/Asset Management teams in assessing investment performance, reviewing compliance, processing payments and repayments, mitigating risks, recovery of project-related expenses, and identifying opportunities to enhance portfolio efficiencies and impact.
- Ensure adherence by clients to the contractual obligations under the finance documents, particularly the timely submission of reportorial requirements.
- Work closely with internal stakeholders to ensure the completeness and accuracy of the database of project-related data and documentation for management information.
- Support the Head of MO in carrying out various initiatives designed to facilitate PMD's interaction with other units and in the development of systems and procedures to facilitate the credit administration process.
- Support the Head of PMD-MO in liaising with other Bank departments as necessary.
- Coordinate the documentation of lessons learned and operational insights and the feedback to Investment Operation teams and Portfolio Management teams to continuously improve the Bank's operations and systems.
- Carry out other duties as assigned by the head of MO team.
Requirements:
- Minimum 5-8 years of relevant experience in portfolio supervision of private infrastructure projects at international commercial banks or multilateral agencies.
- Adequate understanding of the role of the Middle Office in portfolio management and the ways it provides value-add to internal and external clients.
- Demonstrated track record of successfully resolving operational issues under time pressure.
- Proficiency in managing financial models and running sensitivities; experience in building and auditing financial models would be a plus.
- Superior written and verbal communication skills in English with demonstrated ability to synthesize complex issues in concise, effective communication.
- Prior experience in deal origination, project structuring and negotiation is an asset but not a prerequisite.
- Experience in Asia would be a plus (including Middle East and Central Asia).
- Master's degree (such as economics, finance, business administration, international relations, or similar field relevant to AIIB's operations) or equivalent experience.
AIIB is committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability or sexual orientation.
Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.
Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment.
ALL CURRENT VACANCIES * Closing Date: All opportunities close at 11:59 p.m. (GMT+8) on the dates listed.
** Job Type: Recruitment of staff is conducted through a merit-based competitive selection process. AIIB shall strive to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation or nationality.