Portfolio Associate (Infrastructure Project & Corporate Finance)

Job Description

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank (MDB) 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.

AIIB’s Portfolio Management Department (PMD) is responsible for monitoring AIIB’s rapidly growing investment portfolio, which includes loans and equity investments with or without sovereign guarantees, and assisting management and project teams to ensure portfolio quality. PMD’s main functions include: (1) monitoring the entire Investment Operations portfolio and providing portfolio reports and data analytics; (2) managing the non-sovereign-backed financing (NSBF) assets that have been transferred to PMD; (3) coordinating the design and implementation of IT systems for Investment Operations; and (4) providing Secretariat services to the Investment Committee.

PMD is recruiting a Portfolio Associate (Associate) for PMD’s Project & Asset Management (PAM) function. The Associate, reporting to a Senior Portfolio Officer (SPO), will contribute to the monitoring and management of the Bank’s loans, bonds, guarantees, and risk participation facilities (Loan), with a focus on infrastructure assets (primarily power, renewables, water/urban, transportation) developed by private sector sponsors, to ensure portfolio quality through monitoring. The provision of analysis and delivery of analytical outputs is critical to the effective management of Bank investments that support the attainment of strategic objectives in terms of development impact and financial sustainability.

• Analyze financial statements of project/borrower companies and assess the performance and progress of projects to determine key implementation issues, prepare and/or adapt existing financial models for scenario analysis, and conduct periodic credit analysis of the borrower/ guarantor(s).
• Review and assess project documentation (progress, technical, insurance, environmental, social reports) and assess compliance with conditions precedent to the disbursement processes in line with the Bank’s reportorial requirements, policies, and sectoral strategies.
• Monitor the financial performance of Loans against facility agreements, including financial, environmental, social, and governance (ESG) reporting requirements, and ensure compliance and satisfactory progress with regard to project objectives.
• Carry out analytical tasks on a wide range of operational, country, and sectoral issues in the Loan portfolio, review and interpret information/data, and propose actions to address identified issues.
• Assist SPOs in developing optimal approaches to address identified operational, country, and sectoral issues, effectively mitigating emerging risks and ensuring that Loan projects remain aligned with objectives and priorities.
• Assist SPOs in guiding borrowers, sponsor companies, and other external stakeholders on loan agreement covenants and reporting requirements, providing insight into developing remedial or corrective measures and fostering cooperative engagement to ensure the successful execution of deliverables.
• Deliver services, project analyses, and other analytical outputs in a timely manner that supports the broader execution of the Bank’s investment activities.

• 4-6 years of general experience as a fully qualified professional with experience in due diligence/monitoring of infrastructure assets.
• Master’s or Bachelor’s degree in economics, finance, business administration, chartered accountancy, or similar field relevant to AIIB’s operations.
• Fluency in writing and speaking English is essential. Knowledge of a second language is desirable.
• Knowledge of major infrastructure sectors (i.e., energy, transport, water, and/or urban development), experience in financing infrastructure assets (non-recourse and/or corporate finance transactions, direct equity), ability to collaborate with others, and strong analytical and financial modeling skills for projects and corporate entities are essential in the performance of this role.

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.