Principal Portfolio Management Officer

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 106 approved members worldwide. We are capitalized up to USD100 billion and Triple-A-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 Implementation Monitoring Department (IMD) 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.  

IMD’s main functions include: (1) monitoring the entire Investment Operations portfolio and provides portfolio reports and data analytics; (2) managing the nonsovereign-backed financing (NSBF) assets that have been transferred to IMD; (3) coordinating the design and implementation of IT systems for Investment Operations (IO); and (4) providing Secretariat services to the Investment Committee. 

IMD is recruiting a Principal Portfolio Management Officer (PPMO) who will report to Director General (DG IMD) and work together with other senior PMOs to actively supervise and manage the investment portfolio to ensure that AIIB’s investment portfolio maintains good quality and achieves the Bank’s financial, strategic and development goals.

The PPMO will lead supervision and monitoring for selected infrastructure projects assigned by DG IMD. In addition, the PPMO will also assist DG IMD in managing AIIB’s investment portfolio and providing technical guidance to IMD staff on portfolio management issues, with a particular focus on infrastructure project finance-related matters. The PPMO is also delegated by DG IMD to be the supervisor for a sub-group of up to 10 IMD staff.

Responsibilities:

1. Supervision and monitoring of infrastructure or other productive sector projects

• Actively supervise and monitor financial performance, construction progress as well as operation and maintenance of a group of investment projects in infrastructure sectors or other productive sectors, including some large-size and complex infrastructure projects.
• Analyze periodic financial statements and other project reports, monitor compliance with financial and other covenants (including delivery of reporting and other requirements) and develop an informed opinion about expected future project performance while identifying and updating risk factors.
• Identify and provide early warnings to management about critical deviations from the original investment plan or newly emerging risks, while simultaneously proposing appropriate remedies and coordinating related activities with internal and external stakeholders.
• Effectively manage the relationship with both external stakeholders (such as borrowers, sponsors, co-lenders, counsel and advisers) and internal parties (including other Investment Operations Departments, Risk Management Department, Legal Department, Office of the Controller, Office of the Treasurer) and ensure good communication to assess and implement the most appropriate course of action in any given situation.

2. Assisting DG IMD in actively managing AIIB’s investment portfolio

• Help proactively monitor and manage the Bank’s sovereign and non-sovereign portfolio in terms of risk exposure and the achievement of financial, strategic and development goals.
• Advise preemptively on project, sector and country issues that may impact the financial or developmental performance of individual projects.
• Coordinate with and provide technical guidance to IMD staff on infrastructure project finance-related matters.
• Help maintain an active communication channel between IMD and the Bank’s senior management and Board on portfolio matters and provide relevant inputs for decision-making and strategy formulation. 
• Represent IMD to participate in various cross-departmental forums to discuss relevant policy and operational issues, particularly related to infrastructure project financing.
• Effectively help manage the relationship with external stakeholders (such as borrowers, sponsors, co-lenders, counsel, advisers and agents) and internal parties (including regional investment operations, risk management, legal, policy and strategy, environmental and social safeguards, and finance departments), and ensure good communication with all to assess and implement the most appropriate course of action in any given situation, as smoothly as possible.

3. Supervision of IMD staff within the unit

•  Plan, monitor, and appraise staff performance, including supervising daily operations.
• Oversee staff job results by coaching, counseling, and mentoring.
• Maintain morale and career development of staff through training and developing growth opportunities.
• Maintain safe and healthy work environment by establishing and enforcing organization standards and adhering to policies and procedures.
• Regularly share feedback of the performance of these staff with DG IMD

4. Generating experience and knowledge feedback loops.

• Identify and summarize lessons learned from the existing portfolio and feed this knowledge back to other teams.
• Guide junior team members in all tasks related to equity portfolio management.

5. Carrying out of any other duties assigned by the DG, IMD.

Requirements:

• Minimum 15 years of relevant experience in managing a portfolio of infrastructure project loans and equity investments.
• Sound knowledge of credit analysis, project finance structuring, equity valuation, compliance, ESG requirements, and portfolio supervision through prior work at international finance institutions or large commercial banks.
• Demonstrated ability to draw strategic and business insights from large sets of data and to formulate compelling and actionable recommendations.
• Superior verbal communication skills in English combined with an ability to synthesize complex issues into effective oral and written communication.
• Ability to collaborate with others and lead diverse teams while respecting and building on different points of view.
• Previous experience in deal origination, project structuring and negotiation is a plus but is not a prerequisite.
• Experience in Asia would be a plus (including Middle East and Central Asia).
• Master's degree (such as economics, finance, business administration, international relations or similar field relevant to the AIIB’s operations) or equivalent experience.

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.