Avis de recrutement : Recrutement d’un(e) Responsable de la gestion du portefeuille à Beijing, Chine.
Responsibilities include but are not limited to
A. Pro-active monitoring of project performance and compliance
- Actively supervise financial performance, construction progress, and operation and maintenance of NSBF infrastructure projects after handover to IMU (typically, after first disbursement).
- Assure client company (and/or project) compliance with loan documentation and investment agreements, including delivery of reporting and other requirements.
- Analyze periodic financial statements and other project reports, monitor compliance with financial and other covenants and develop an informed opinion about expected future project performance while identifying and updating risk factors.
- Process updates and provide recommendations to the Risk Management Department (RMD) regarding the internal Credit Ratings of NSBF projects, track evolution over time and flag any negative developments or downgrades for further scrutiny.
- Advise preemptively on project, sector and country issues which may impact the financial or developmental performance of individual projects.
- Actively identify and report issues that need Senior Management’s attention and provide advice on action plans.
B. Early identification of risks and design of appropriate remedies
- Identify and provide early warnings to management about critical deviations from the original investment plan or newly emerging risks, while simultaneously proposing appropriate remedies and coordinating related activities with internal and external stakeholders.
- Lead the disbursement process as well as “change” processes (waivers, amendments, consents or other events) to address deviations: liaise with external and internal parties to design, negotiate and implement changes to ensure that the interests of the project and of AIIB are protected.
- Assist the IMU manager in developing a comprehensive early warning system throughout the loan portfolio.
C. Management of the relationship with internal and external stakeholders
- Build strong and close client relationships through the supervision process and add value to the client company by drawing on own experience and on AIIB resources.
- Effectively manage the relationship with external stakeholders (such as borrowers, sponsors, co-lenders, counsel, advisers and agents) and internal parties (including Risk Management, Legal, Office of the Controller, Treasury, and Management team), and ensure good communication with all to assess and implement the most appropriate course of action in any given situation, as smoothly as possible.
- Leverage the relationship with the Bank’s preferred clients with an eye towards developing potential follow-on business.
D. Generating experience and knowledge feedback loops
- Identify and summarize lessons learned from the existing portfolio and feed this knowledge back to other teams (including activities such as training IO staff). Guide junior team members in all tasks related to portfolio management.
E. Carrying out other duties as assigned by the Director General, IMD
Requirements
- Minimum 8 years of relevant working experience managing a portfolio of private sector infrastructure projects or investments under a project finance structure. Such experience should include actively managing a diverse portfolio of infrastructure projects during construction and operation, as well as in distress situations, generating project monitoring reports and recommending possible course of action and internal credit rating reviews, and successfully addressing complex project issues.
- Sound knowledge of credit analysis, project finance structuring, preparation and supervision (including roles of fiduciary and safeguards oversight for infrastructure investments) obtained through previous work at international commercial banks or multilateral financial institutions.
- Previous experience in deal origination, project structuring and negotiation is a strong asset but is not an absolute prerequisite.
- Very good understanding of issues that can affect the construction and operation of large infrastructure projects. Ability to identify and address operational issues and problems. Ability to assist in developing elements of learning and knowledge dissemination activities.
- Comfortable in handling projects’ financial models, reviewing overall integrity and reasonableness, and running sensitivities as needed. Experience in building and auditing financial models would be a plus.
- Ability to collaborate with others in the organization as well as proven ability to function in teams and contribute positively and productively to other team members and to the team’s work and output, demonstrating respect for different points of view.
- Superior written and verbal communication skills in English with demonstrable ability to think strategically and synthesize complex issues (translated into effective oral and written briefs and ability to comprehend and review complex project contracts).
- Master’s degree (such as economics, finance, business administration, international relations or similar field relevant to the AIIB’s operations) or equivalent experience.
Application process
Closing Date : Apr 27, 2023