Senior Professional, Financial Institutions and Markets Officer

Job description / Role

Closing on: April 05, 2024 at 11:59pm (China Standard Time)
Based in: Shanghai, China
Target Market: Global recruitment

Reporting to the Chief, Financial Institutions and Markets, the Financial Institutions specialist will be responsible for preparation and processing of transactions of the New Development Bank (NDB) with financial intermediaries and fund managers. The specialist will ensure that the transaction follows sound banking principles, including the assessment of commercial and financial viability, structuring according to international best practices, appropriate risk allocation and mitigation, and a market rate of return reflecting the risks of the investment.

The Financial Institutions specialist is expected to work closely with other relevant NDB departments, assist Management in preparing strategies for building the investment pipeline and assist in implementing these strategies. Leading project teams, training and developing junior team members will be an important responsibility.

Specific responsibilities include but not limited to:

• Screen, identify and develop potential investment opportunities for NDB with financial institutions and fund managers to support investments in sustainable infrastructure;
• Maintain a strong investment pipeline by building and maintaining strong relationships with clients - sponsors, banks, investors and fund managers;
• Prepare and process investment projects with Financial Institutions and/or Fund managers, including by leading and supporting due diligence and approval processes, with emphasis on ensuring key economic, financial, technical, and legal issues are considered and mitigants incorporated in the financing structure and legal documents;
• Navigate approvals, leading discussions with key internal stakeholders and decision makers, ensuring complex projects are advancing through the approval process;
• Negotiate legal documents with the support of internal and external counsel, ensuring timely closing and that terms are in line with approvals;
• Participate in internal Bank coordination through information exchanges and teamwork with relevant divisions of the Bank;
• Work closely with the portfolio monitoring team, developing a framework for monitoring financial performance and development impact of investments;
• Support the Financial Institutions and Markets Division to achieve its targets and objectives;
• Peer review project reports prepared by colleagues and/or consultants and ensure quality control of work performed by the Division team.
• Other duties and responsibilities assigned from time to time.

Requirements

Position requirements

• A minimum of 7 years of relevant professional experience in financial and capital markets, including experience in processing financial intermediation transactions with a multilateral development bank, an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm operating to international standards, of which at least 3 years of international experience;
• In-depth banking expertise, including a thorough understanding of macroeconomic, market, and sector trends, regulations and risks in NDB’s member countries;
• Experience and demonstrated knowledge in different financial instruments (debt, equity, guarantees, bonds, blended finance) to support sustainable infrastructure investments;
• Experience and demonstrated knowledge in transaction structuring, legal documentation negotiation, portfolio supervision and monitoring relating to financial intermediation and/or funds;
• Proven analytical, financial analysis, equity valuation, and financial modeling skills to analyze and form conclusions on company financial information or projects and industry indicators. Able to oversee and provide quality control feedback on financial models prepared by analysts;
• Proven track record in developing client relationships;
• Proven project lead/management skills; able to identify, engage and work with different stakeholders across private and public sectors, such as issuers, institutional investors, regulators, banks and other financial intermediaries;
• Proficient oral and written communication skills in English, with ability to communicate complex concepts and prepare reports that are clear, concise, and meaningful for different audiences;
• Knowledge of a language(s) of NDB member countries would be an advantage;
• Excellent team player with strong interpersonal skills, and commitment to work in a respectful, team oriented and multi-cultural environment;
• Excellent analytical skills, with ability to assess and synthetize findings and relevant inputs for the preparation of high-quality transactions;
• Ability to deliver high quality work within deadlines to meet team objectives;
• Excellent understanding of relevant systems, processes and policies; and
• Computer literacy, conversant with Microsoft Office and spread sheet packages including financial analysis and modelling modules.
• Master’s Degree or equivalent in a relevant field (economics, finance, business, engineering) from a reputed university. Relevant certification(s) from globally recognized certification agencies in the related field would be preferred, such as ACA, CFA, ACCA, or CIMA.

About the Company

The New Development Bank (NDB) is a multilateral development bank (MDB) established by Brazil, Russia, India, China and South Africa (BRICS) with the objective of financing infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries. NDB’s work complements the efforts of multilateral and regional financial institutions, toward global growth and development.

Our work is centered around maximizing the impact of development in a fast, flexible and efficient manner. To catalyze the kind of development we envisage, we are always keen to listen, learn and collaborate with other MDBs, governments, financial institutions and social organizations.

To fulfill its purpose, the Bank supports public or private projects through loans, guarantees, equity participation and other financial instruments.

Our headquarters is in Shanghai, China. The geographic distribution of NDB’s operations is becoming increasingly balanced as the Bank develops its capacity to identify and prepare projects in all member countries. The first regional office of NDB – the Africa Regional Centre (ARC) – was opened in Johannesburg, South Africa, in August 2017. In July 2019, NDB began to build the Americas Regional Office team, based in São Paulo, Brazil, with a sub-office in Brasília. NDB and the Government of Russia signed the Agreement on the Hosting of the NDB Eurasian Regional Centre in Moscow, Russia on the sidelines of the 11th BRICS Summit in Brasília in November 2019.