Associate Financing Partnerships Officer

Asian Development Bank

Manila, Philippines

Experience: 3 to 5 Years

Skill Required: HR and Admin

As an Associate Financing Partnerships Officer, you will 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.

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 financing:

  • 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.

Qualifications

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

Source: https://www.adb.org/careers/250624