Senior Investment Officer - Water & Urban (Based in Beijing, China)

Job Description

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow with sustainability at its core. AIIB began operations in Beijing in January 2016 and has since grown to 111 approved members worldwide. AIIB is capitalized up to USD100 billion and AAA-rated by the major international credit rating agencies. Working 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 Asia, East Asia, West Asia, Europe, 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 and private-sector clients with a background of public-sector ownership (state-owned enterprises), taking responsibility for project preparation, due diligence, and approval, 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 Senior Investment Officer will be responsible for the origination, structuring, and execution of infrastructure-related public-sector transactions, with an emphasis on the urban development, water supply and sanitation, and/or water resource management subsectors, contributing toward AIIB’s overall lending program by supporting the planning, design, preparation, and implementation of projects/programs that will help meet the rapid growth in public-sector infrastructure in Region 2. The Senior Investment Officer is expected to work closely with other relevant AIIB departments and assist management in preparing and implementing strategies for building the investment pipeline. Training and developing junior team members will be an important responsibility.

• Ensure key economic, financial, technical, legal, environmental, and social issues are considered and mitigants are incorporated in the financing structure and legal documentation during project preparation.
• Oversee project procurement, financial management, safeguards compliance, and monitoring and evaluation in 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, cofinancing 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-sector infrastructure projects or nonsovereign-backed financing lending to state-owned enterprises by interacting with clients, governments, other institutions (e.g., commercial banks, multilateral agencies, nongovernmental organizations, consulting firms, contractors, intermediaries), gathering information on the ground, and building business relationships.
• Undertake regular supervision and implementation support missions and site visits, as needed, to ensure that the projects will meet development objectives and to help borrowing governments and implementing agencies 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 sector leads.
• Contribute to knowledge generation, lessons learned, and best practices for continuous improvement in project delivery.
• Manage multidisciplinary project teams, providing technical leadership and strategic guidance throughout the project cycle.
• Mentor and develop junior staff within the team.

• Minimum 8-10 years of relevant working experience in the urban development, water supply and sanitation, and/or water resource management sectors.
• Master’s degree or equivalent in engineering/science, urban design and planning, environment engineering, disaster risk management, business management, or other related fields.
• Extensive experience in designing and implementing projects, including the integration of nature-based solutions, with a strong understanding of diverse project modalities, to enhance project viability and long-term sustainability.
• Proven experience in structuring and managing climate finance projects for resilient water supply, sanitation, and water resource management infrastructure projects and programs, in line with multilateral development bank (MDB) common principles for climate mitigation and adaptation finance.
• Extensive international project experience, particularly in capacity-constrained economies, would be an advantage.
• Experience working with MDBs or development financing institutions would be highly desirable.
• Strong organizational and analytical skills, with the ability to navigate institutional processes and deliver results effectively.
• Proficient in oral and written communication in English. Knowledge of the language(s) of a region in which 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.

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.