Principal Operational Policy Specialist

1 month ago

Beijing, China The Economist Full time

Requisition ID 5746 
Ref. Number: 24211
Minimum 20 years of experience
Location: Beijing
Closing Date: Sep 30, 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.

AIIB’s Strategy, Policy and Budget (SPB) Department is responsible for: (i) developing and monitoring the implementation of the Bank’s strategic agenda including its Corporate Strategy and implementation; (ii) developing and overseeing compliance with the Bank’s operational policies and procedures for the Bank’s infrastructure investment portfolio (non-treasury), including environmental, social, procurement and financial management; and (iii) managing the Bank’s administrative budget to support the implementation of the annual business plan and strategic agenda.

Responsibilities:

The primary responsibilities of the Principal Operational Policy Specialist are to support the Unit to: (i) coordinate the policy assurance function of SPB; and (ii) oversee implementation of the Bank’s operational policies and project prioritization and quality framework. The successful candidate will coordinate and lead a team that reviews project documents and provides necessary guidance to ensure policy compliance and improve quality. The candidate's specific duties include but are not limited to: 

Oversee implementation of the Bank’s operational policies and project prioritization and quality framework through leading and coordinating project reviews. This includes providing guidance on Climate Policy-Based Financing, relevant results matrix and prior actions, as well as coordinating the review of project documents related to Results-Based Financing and other investment operations.  Support the Bank’s institutional and capacity building on the use of various lending instruments, especially the Climate Policy-Based Financing and Result-Based Financing tools.  Provide guidance on project quality, value-addition and proposed development impact of an investment proposal prepared by the investment team.  Lead a team to review project implementation monitoring reports and propose solutions for improvement.  Provide overall guidance and advice on training strategy and training materials addressing operational challenges. Review and provide comments for corporate reviews of operations. Identify, collect and disseminate best practices and lessons learned and be a source of information on policy and investment operations across the Bank.

Requirements:

Master’s degree and at least 20 years of relevant working experiences in multilateral development banks (MDBs) In-depth knowledge and extensive operational experience developing MDB investment projects, policies/procedures/processes, and staff/client capacity Strong knowledge and understanding of development projects’ preparation and implementation reviews; experience in leading the development and delivery of development projects Experience leading sector teams carrying out policy dialogues with relevant clients in addressing complicated operational challenges  Experience in identifying knowledge and training needs, in organizing and delivering learning events and programs Working experience in AIIB client countries is a plus A good understanding of client countries’ institutional context, governance and reform agenda and experience with infrastructure projects would be an advantage. Excellent communication skills, oral and written English. Strong interpersonal skills with a proven track record to work independently and in a team setting, and to adapt and work under tight deadlines and in a multicultural environment.

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