Investment Associate - Urban/Water

Job Description

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 Public Sector Clients Department, Region 1 (PSC1) is responsible for identifying, originating, preparing, executing, and investing in projects with public-sector clients in South Asia (except Afghanistan and Pakistan), South East Asia, the Pacific Islands, and Sub-Saharan Africa across the range of AIIB-covered sectors through various financing instruments and solutions. PSC1 leads the coverage of public-sector clients, taking responsibility for project preparation, due diligence, and approval processes of projects, ensuring that key economic, commercial, financial, and legal issues are considered and incorporated in the financing structure and legal documentation and followed through during the implementation phase.

AIIB is scaling up its support for its Urban and/or Water sector programs in client countries and is looking for an Investment Associate with experience in the urban and/or water sector in developing countries, especially in Asia. This position will support Project Team Leads on project preparation, execution, and client relationship management for AIIB’s public-sector operations in Region 1. The role will require close inter-departmental cooperation and collaboration. The candidate should have strong technical expertise and sound coordination skills and should be adaptable, ready to learn, and able to support the success of financial transactions involving multiple parties.

• Conduct research on country-specific sectoral, industry, and market topics, with a focus on the urban or water sectors, identifying trends and opportunities for investment.
• Analyze borrowers’ sector demands through urban/water/climate strategies, masterplans, technical/feasibility studies, and support identification of potential projects.
• Conduct early screening of potential investment opportunities.
• Support investment due diligence by ensuring that key economic, financial, technical, environmental and social, and legal considerations are thoroughly analyzed, particularly in the context of urban and water sectors.
• Assess the sustainability of urban and/or water sector projects, ensuring that investments align with AIIB’s sector strategy, the Bank’s approach on capacity building, and the integration of technology and innovation in the projects.
• Support the preparation of project documents for concept reviews, appraisals, and approvals, ensuring that all relevant sector insights are incorporated to align with investment objectives and strategies.
• Support the implementation and monitoring of investments, ensuring that projects adhere to sector-specific goals and performance indicators.

• Master’s degree with specialization in urban planning, environmental or sanitary engineering, climate change or disaster risk management, public policy, or other related fields.
• 3-5 years of relevant work experience in the urban or water sectors, ideally within government agencies, professional/engineering/consulting firms, and/or international financial institutions, with a proven record in project development and implementation.
• Understanding of feasibility studies and economic analysis of infrastructure projects.
• Technical expertise and knowledge in the urban or water sector are highly desirable, particularly in areas that intersect with infrastructure development.
• Knowledge of cross-cutting topics in the urban or water sector is desirable, including climate change, smart technology, green infrastructure, gender, and environmental and social considerations.
• Strong interpersonal abilities.
• Proficient oral and written communication skills in English. Additional language proficiency in a country where AIIB invests would be an advantage.

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.

About the Organization

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.