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 primary responsibility of the (Senior) Credit Risk Officer within the Risk Management Department is to implement AIIB’s credit risk management framework to ensure sound management of credit risk. The candidate is expected to identify, assess, and manage the associated risks with underlying transactions with focus on equity, both direct equity and private equity funds, with a view to safeguarding the Bank’s interests by minimizing potential losses. The candidate will be required to implement the Bank’s investment risk framework and will report to the Head of Credit and Investment Risk.
Responsibilities:
- Evaluate the equity investment risks of proposed transactions, identifying, measuring, and mitigating key financial, market, business, and execution risks.
- Make recommendations on deal structures and investment terms with a focus on balancing risk and return by ensuring adequate compensation for risks undertaken.
- Analyze macroeconomic conditions, country risks, industry dynamics, competitive positioning, and business fundamentals to assess their implications for investment performance and downside risk. Evaluate the sustainability of business models, earnings, cash flows, and growth prospects, and identify key risk drivers under different economic and market scenarios.
- Build, review, and challenge financial models, including integrated financial statements, discounted cash flow (DCF) valuations, comparable company analysis, and other appropriate valuation methodologies. Conduct sensitivity analysis, scenario modeling, and stress testing to assess the impact of changes in key assumptions on business performance, intrinsic value, and investment returns. Evaluate expected returns against downside risks, determine appropriate margins of safety, and recommend investment limits and pricing that reflect the underlying risk profile.
- Independently assess proposed equity investments, and review the assumptions, projections, valuations, and risk assessments presented in investment appraisal documents.
- Monitor portfolio companies, market developments, financial performance, and key risk indicators, identifying emerging vulnerabilities and recommending changes to investment exposures, risk assessments, or mitigation measures as appropriate.
- Contribute to the development and review of financial and investment risk management policies, methodologies, limits, and procedures, ensuring alignment with sound banking practices.
- Establish appropriate frameworks for assessing valuation risk, concentration risk, liquidity risk, and portfolio-level exposures, and communicate independent risk recommendations to investment committees and senior management.
- Conduct best practice due diligence and supervision in close collaboration with the investment operations departments, ensuring that AIIB’s risk appetite statement is implemented and a proper risk-reward balance is achieved in all transactions.
- Closely follow the Bank’s lending and investment activities at transaction origination, monitoring, and supervision levels, and advise on possible actions to mitigate the credit and investment risk resulting to the Bank.
Requirements:
- Minimum 8-10 years of relevant professional experience in multilateral development bank(s) or global financial institution(s), ideally in private sector credit risk management, lending, project finance, and capital markets. Familiarity with AIIB member economies will be an advantage.
- Master’s degree or higher in risk management, finance, or other related fields.
- Thorough product knowledge of structured financial products and equity investments.
- In-depth knowledge of credit and investment risk-related financial analysis, procedures, and systems in complex global financial services settings.
- Proven skills and working experience in equity risk assessment and supervision in major industrial sectors in developing economies.
- A solid understanding of direct equity and private equity funds risk management and quantitative analysis skills would be an advantage.
- Excellent oral and written communication skills in English.
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.