Associate Investment Officer

Job Vacancy | Thursday, November 5, 2026

Join Our Mission to Foster Prosperity in Asia

Are you ready to make a difference in the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.

Organizational Setting and Reporting Relationship

The position of Associate Investment Officer is assigned to the Infrastructure Finance Division 1 (PSIF1) within the Private Sector Operations Department (PSOD). You will be based at our Resident Mission Office in Ankara, Türkiye (TURM).

You will report to the Country Director, TURM and designated PSIF1 International Staff and senior team members, as applicable.

Your Role

As an Associate Investment Officer, you will provide technical support and coordination in the processing of ADB's private sector investments and technical assistance. You will also assist and participate in the identification, development, approval, implementation, and administration of private sector infrastructure financing projects. Your core focus will be Türkiye, which may occasionally include transactions beyond Türkiye.

You will:

a. Project Processing

• Provide analytical support in the areas of credit and financial due diligence, review of contracts and project documents, development of financial models and in general assessing the risk and credit profile of proposed infrastructure investments in the form of debt, equity and guarantees.
• Perform analysis of financial statements and financial projections/models.
• Perform sensitivity analysis and stress testing in coordination with team leaders and external clients.
• Participate in selected due diligence missions and provide support to Team Leaders in negotiations with project developers, sponsors, and financiers to facilitate the financial closing of transactions and implementation of projects.
• Provide logistical support and interact with external technical advisors, consultants and lawyers representing ADB in specific transactions.
• Undertake relevant industry and country research, as needed, as part of transaction risk assessment (under the guidance of the Team Leaders).
• Assist in drafting initial and final credit memorandum and prepare summaries of project documents, risk assessment analyses, and other required documents as may be needed from time to time throughout the project processing cycle.
• Interface as required with internal departments within ADB, including the Office of Risk Management and the Safeguards Specialists and assist the Team Leader in addressing credit-related and other issues identified by such departments in respect of transactions under processing.
• Assist in creating, maintaining, and updating comprehensive credit files related to transactions under processing.
• Assist in Investment Committee meetings and other meetings.

b. Project Administration

• Maintain a database of all projects and financing documents relating to each project.
• Liaise with the central file keeper to maintain orderly electronically filed documents for each project.
• Undertake all activities required to process disbursement requests, including verification of compliance with disbursement conditions and liaison within ADB and with co-financiers.
• Verify fee computation.
• Monitor billing statements of the Controller's department and payments from the borrowers and follow up on any delays in payments.
• Ensure borrowers' compliance with covenants.
• Monitor and follow up on the submission of financial statements, technical, insurance, safeguard, and other reports.
• Review these reports and draw to the attention of dealing officers any perceived issues.
• Prepare memoranda to obtain management approval for waivers and consents requested by the borrower.
• Liaise with the Office of the General Counsel, the Office of Risk Management, the technical advisor, and other relevant parties to consider such waivers and requests.
• Respond to other requests and needs of the borrower.
• Assist with the preparation of terms of reference (TOR) for the recruitment of consultants for the due diligence.
• Provide support in identifying a suitable consultant to address the specificities of the country.
• Provide comments and inputs on draft due diligence reports, bringing to bear PSOD's experience in operations in Türkiye and make appropriate recommendations.

c. Handover of portfolio projects

• Lead and coordinate the handover of portfolio projects from PSFI to PSOD's Portfolio Management division (PSPM). This includes the preparation of waiver, amendment, and consent (WAC) forms.
• Lead and coordinate the timely handover process. This requires passing on the full documentation and knowledge associated with a transaction.

d. Others

• Assist and participate in the identification and development of projects, undertaking the needed due diligence, risk analysis, and mitigation work towards the structuring of loans, equity investment, guarantees or other forms of assistance.
• Provide inputs for updates on PSOD activities to the Country Director, TURM.
• Perform other tasks as assigned and reflected in the workplan.

Qualifications

You will need:

• Bachelor's degree in finance and/or accounting preferably with advanced training.
• At least 5 years of work experience in the field of corporate financing or project finance with a leading international or local financial institution, and/or investment bank.
• Proven ability to undertake research and analysis on difficult but well-defined tasks, collect and organize required data and information, apply appropriate computer skills in organizing and analyzing the data, and prepare notes, papers, and sections of reports.
• Good analytical thinking with the ability to comprehend causal links, make pros and cons analysis, and analyze factors to reach a decision.
• Effective report-writing and communication skills in English and Turkish.
• Ability to guide Junior team members to facilitate work planning, delivery and quality review.
• Ability to work collaboratively with teams as a constructive team member.
• Excellent oral and written communication skills.
• Please refer to the link for ADB Competency Framework for Technical Local Staff grade TL4.

Benefits

ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.

• Retirement plan
• Medical and health benefits
• Paid leave (including parental)
• Life and other insurance plans
• Staff development

Additional Information

This appointment is open to internal and external applicants.

This position is crucial to the Workforce Rebalancing Framework (2022-2027), a strategic initiative aimed at enhancing ADB's in-house expertise previously sourced from the external workforce. The role seeks seasoned experts with substantial field experience capable of leading policy dialogue, and projects focused on delivering knowledge solutions. Successful applicants may occasionally undertake short-term assignments in other departments or offices, when required.

This opening is a local staff position. It is open only to nationals and permanent residents of Türkiye.

This is a fixed term appointment with option to renew, initially for a period of up to 3 years, or up to the Normal Retirement Date (NRD), whichever comes earlier, for the purpose(s) and conditions determined by ADB, in accordance with Administrative Order No. 2.01 (Recruitment and Appointment). After the initial fixed-term period, ADB may choose to renew the appointment for up to an additional 3 years or not renewed. This decision will be made in the overall interest of ADB, based on factors including but not limited to the requirement of Staff's particular blend of skills and experience for the medium-term work program of the organizational unit, sufficient funding to cover the renewed period, and Staff's performance and suitability for employment. There is no limit to the number of renewals up to NRD. However, this appointment is not convertible to a regular appointment.

About Us

ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is headquartered in Manila and owned by 69 members—50 from the region.

ADB only hires nationals of its 69 members.

To view ADB Organizational Chart, please click here.

ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.

Visit ADB Careers FAQ for more information.

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