Senior Investment Officer, Multi sector (Infrastructure) (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 multisectoral (including nature-based solutions) and climate finance projects with Public Sector Clients in Region 2  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, overseeing project preparation, due diligence, and project approval processes, ensuring 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 Senior Investment Officer is responsible for the origination, structuring, and execution of infrastructure-related public sector transactions, with emphasis on developing and implementing low-carbon and climate-resilient infrastructure projects, climate policy reform programs, result-based financing programs, and economic evaluations of infrastructure investments as well as policy reform measures. They will contribute towards AIIB’s overall lending program by supporting the planning, design, preparation, and implementation of projects/programs that will help meet the rapid growth in the infrastructure public sector in Region 2. They are expected to work closely with other relevant AIIB departments, assist management in preparing strategies for building the investment pipeline and help in implementing these strategies. Training and developing junior team members will be part of the overall responsibilities.

• Ensure key economic, financial, technical, legal, environmental, and social issues are properly considered, and risk mitigation measures are sufficiently incorporated in the financing structure and legal documentation during the project preparation.
• Lead or co-lead comprehensive assessments of national structural and climate policies in infrastructure sectors, including carbon pricing and natural capital conservation measures. Analyze policy impacts on service provision, NDC targets, and private investment; identify reform opportunities; and develop monitoring and evaluation frameworks.
• Oversee and/or lead the implementation of AIIB’s investment operations with the objective of enhancing quality and accelerating project implementation, with a focus on delivering results.
• Lead or participate in dialogue with clients, co-financing partners and other stakeholders on strategic issues and the implementation of AIIB’s investment.
• Advise clients on the preparation of technical and feasibility studies and technical design of projects, leading to investment prioritization and cost-effective solutions to investments.
• Conduct project risk assessment of the projects and programs and advise project teams on mitigation strategies to manage such risks.
• Carry out due diligence and institutional assessments on executing agencies, including implementation capacity assessments of project counterparts.
• Support business development activities in public infrastructure sector projects, or Non-sovereign-backed financing (NSBF) lending to SOEs, by interacting with clients, governments, other institutions (commercial banks, multilateral agencies, NGOs, consulting firms, contractors, intermediaries, etc.), and by gathering information on the ground, and building business relationships.
• Undertake regular supervision and implementation support missions and site visits, as needed, to ensure that projects will meet development objectives and to help the borrowing governments and implementing agencies to address any implementation issues they might be facing.  
• Support business development and implementation support activities, as needed, (specifically during mission trips) in close coordination with relevant teams.

• Minimum 8-10 years of solid working experience in the health, energy, transport, water, ICT, urban, and/or climate finance and green infrastructure sectors gained in a multilateral development bank or international financial intermediaries in Region 2.
• Proven track record of leading cross-functional teams to design and implement multisectoral and climate finance operations in collaboration with internal staff and government/partner stakeholders.
• Experience advising government officials in Region 2 on climate policy and sectoral development priorities, with track record of developing policy dialogue outcomes into bankable projects, programs, or policy-based financing operations.
• Strong analytical skills in economic assessment including, cost-benefit analysis and sectoral modelling, with demonstrated ability to evaluate the economic, social, and private capital mobilization impacts and sustainability of infrastructure investment and policy-based reform.
• Extensive experience working with infrastructure operations combined with an understanding of clear linkages between project inputs and activities, economic impact, outputs and outcomes in infrastructure.
• Solid understanding of economics, climate change and nature, and broad knowledge and familiarity with issues in development finance, and an understanding of an economy’s overall performance and how macroeconomic factors may affect performance of infrastructure projects.
• Strong knowledge of and experience in the multiple infrastructure sector as well as climate policies in Region 2 would be an advantage.
• Proficient oral and written communication skills in English and other languages spoken in Region 2 such as Russian, French, Spanish, Portuguese, and Turkish would be an advantage.
• Master’s or advance degree in economics, public policy or a sector specialization (water, transport, energy, health, digital, urban development) or related fields. Technical background at the undergraduate level would be helpful.

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.