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Investment Associate – Transport

3 months ago


Beijing, China The Economist Full time

Requisition ID : 5723
Ref. Number : 24189
Location : Beijing
Closing Date : Aug 27, 2024

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 109 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 1 (PSC1) is responsible for identifying, originating, preparing, executing, and investing in projects with Public Sector Clients in South Asia, Southeast Asia, the Pacific and Sub-Saharan Africa across the range of AIIB-covered sectors through various financing instruments and solutions. PSC1 leads the coverage of Public Sector Clients, taking responsibility for project preparation, due diligence, and approval processes of projects, 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 Transport Unit within PSC1 is tasked with carrying out the Department’s mandate within the transport sector across Region 1. In addition, the unit is responsible for developing client relationships and managing project teams in the more incipient sectors in Sub-Saharan Africa. These are: health, education, digital and other productive sectors linked to infrastructure.

The Investment Associate -Transport within PSC1 will support Project Team Leads on project preparation, execution, and client relationship management for AIIB’s Public Sector operations in Region 1. This will require close inter-departmental cooperation and collaboration. The candidate should have strong technical expertise, sound coordination skills, adaptable, and be ready to learn and support the success of financial transactions involving many parties. 

Responsibilities:

Conduct research on country economic and sectoral issues;  Carry out economic and technical assessments of sector infrastructure projects;  Review sector infrastructure feasibility studies;  Support early screening of potential investment opportunities;  Support investment due diligence with emphasis on ensuring that key economic, financial and related technical, and legal issues are considered and mitigants incorporated in the financing structure and legal documentation; Support the preparation of project documents used for approval;  Support the implementation and monitoring of investments. Support the team and Management in achieving targets and objectives; and Perform ad hoc tasks assigned by the Project Team Leader or the Departmental Managers of the team.

Requirements:

Bachelor’s or Master’s degree with civil engineering, economics, geography, urban planning or related fields; Minimum 3-5 years of relevant work experience (with a Bachelor’s degree) or 2-3 years of relevant work experience (with a Master’s degree) in the field of transport economics, planning, engineering or related fields; Experience in the transport sector working with multilateral development banks, development organizations, consulting organizations and transport operating companies, particularly in South Asia, would be an advantage. Strong technical and analytical skills are required, particularly those related to engineering or economic analysis of transport infrastructure projects. Bankground knowledge of project financing; Experience in the conduct of economic analysis of projects, (modelling skills will be an advantage.); Effective interpersonal and organizational abilities and experience working with multicultural teams; Proficient oral and written communication skills in English, knowledge of a language(s) of a country in which AIIB invests would be an advantage.