Investment Officer, Energy (Based in Beijing, China)

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 111 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 2 (PSC2) is responsible for identifying, originating, preparing, executing, and investing in projects with public-sector clients in Pakistan; Afghanistan; Central, East, and West Asia; and Europe, Middle East, North Africa, and Latin America across the range of AIIB-covered sectors through various financing instruments and solutions. PSC2 leads the coverage of public-sector clients, including state-owned enterprises (SOEs), overseeing project preparation, due diligence, and approval processes of projects and 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.

The Investment Officer within PSC2 will be responsible for contributing to AIIB’s lending program in Region 2 by supporting the planning, design, preparation, and implementation of projects/programs across different sectors. The specific responsibilities of this position cover all aspects of origination, execution, and client relationship management in relation to the products being offered. As a result, the Officer will need to work closely with other departments in AIIB.

Strong preference will be given to candidates with relevant experience in the public sector of developing countries, especially energy-sector infrastructure projects/transactions as well as green/low carbon/resilient infrastructure projects/transactions in the context of climate-change mitigation and adaptation intervention.

Candidates with insights into multilateral development bank (MDB) common principles in mitigation and adaptation finance and previous exposure to climate finance through energy-sector interventions are encouraged to apply.

• Lead, co-lead, or provide operational support to Senior Investment Officers/Project Team Leaders (PTLs) in the preparation and monitoring of the implementation and evaluation of high-quality investment operations in an efficient and timely manner. Such activities may include leading some less complex investment projects or participating in a complex set of projects under the guidance of the Senior Investment Officers/PTLs.
• Advise clients or key government counterparts on project design and institutional arrangements.
• Carry out due diligence on executing agencies, including the implementation capacity assessments of project counterparts.
• Prepare project budgets and implementation schedules.
• Advise clients on techno-economic feasibility studies and technical design of projects.
• Ensure that projects are developed in accordance with the requirements of AIIB’s Environmental and Social Framework.
• Carry out an economic and financial assessment of projects.
• Conduct risk assessment of projects and programs and advise on risk mitigation/management strategies.
• Appraise and negotiate investment operations.
• Undertake regular supervision and implementation support missions and site visits, and draft mission aide memoires.
• Draft project implementation monitoring reports.
• Track overall project progress, identifying issues that require attention and advising sovereign borrowers and implementing agencies on addressing any implementation issues.
• Participate in project workshops, trainings, and other events.
• Procure consultants for operational needs.
• Prepare briefs, notes, and presentations, and carry out ad-hoc tasks as may be assigned by Management or PTLs.
• Participate in dialogue with clients, cofinancing partners, and other stakeholders on strategic issues and the implementation of AIIB’s investment program.
• Support business development activities in the energy sector by interacting with sovereign clients, governments, and/or SOEs through gathering information on the ground and building business relationships with other institutions (commercial banks, multilateral agencies, consulting firms, contractors, intermediaries, etc).
• Support business development and implementation support activities, as needed (specifically during mission trips) in close coordination with senior officers/PTLs.

• Minimum 5-8 years of relevant experience in the energy sector, working for international financial institutions, bilateral agencies, project developers, consulting companies, or energy investors in the PSC2 region.
• Master’s degree or above in a relevant discipline, including energy-related subjects (e.g., electrical engineering, thermal engineering, mechanical engineering, hydropower, different types of renewables) and development economics.
• Familiarity with various types of energy investments, with in-depth knowledge in at least one area related to power transmission, renewables, hydropower, energy efficiency, etc.
• Knowledge on the general trend of energy transition in a climate-change-constrained development environment.
• Proven application of professional expertise in scoping, preparing, appraising, implementing, and monitoring energy projects and programs.
• Proven ability to work with public and/or private-sector clients and/or development partners (MDBs, bilateral agencies, etc.) in an effective and professional manner in both formal and informal settings.
• Proficient oral and written communication skills in English. Knowledge of the language(s) of a country under Region 2 would be an advantage.
• Proven ability to carry out complex energy-related tasks and work within multidisciplinary teams.
• Extensive work experience in developing countries would be favorable.

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.

Join in AIIB’s mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.

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 111 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.