Private Sector Development Officer
Job Vacancy | Monday, February 24, 2025
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- Reference Number 250122 Position Level TL5 Department South Asia Department Division Sri Lanka Resident Mission Location Sri Lanka Resident Mission Date Posted Monday, February 24, 2025 Closing Date Monday, March 10, 2025 11:59 p.m. (2359 Manila Time, 0800 GMT)
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a lasting impact on 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 Private Sector Development Officer is assigned to the Sri Lanka Resident Mission (SLRM) within the South Asia Department. You will be based at SLRM Office in Colombo, Sri Lanka.
You will report to the Regional Head, Private Sector Development (PSD), SARD, with matrix reporting to Country Director, SLRM and/or designated International Staff.
Your Role
The Private Sector Development Officer will help identify, develop, and implement private sector development activities (PSD) activities in Sri Lanka. PSD activities include: (1) upstream support for (i) strengthening government's capacity for planning and implementing policies and projects to develop the private sector, and (ii) institutional, legislative, and policy reforms to develop enabling environment for private sector; (2) midstream support for (i) market facing advisory and (ii) project preparation; and (3) downstream support for (i) sovereign and non-sovereign financing, and (ii) capital mobilization through co-financing. ADB has identified the PSD shift as one of the four fundamental shifts under the new operating model. To mainstream PSD interventions into ADB's operations and to promote programmatic approach and solutions, SARD PSD team will work with the Sectors Group, Private Sector Operations Department (PSOD), and Office of Markets Development and Public Private Partnership (OMDP).
You will:
Strategies and Planning:
- Help prepare country partnership strategy (CPS). Specific tasks include, among others, (i) support for preparation of private sector assessment and PSD annex to the CPS; (ii) review of sector assessment to ensure PSD elements are included in each sector assessment, and (iii) any other relevant inputs for CPS.
Business Development:
- Help with country programming and project conceptualization in early stages of sovereign operations, identifying ADB support to promote PSD through diverse, programmatic solutions across ADB's operations.
Project Management:
Support identification, processing, implementation, and administration of high-value technical assistance projects for private sector development. Review documents to ensure PSD elements are integrated into project design. Support Regional Head, PSD, SARD and Country Director, SLRM in relevant committee deliberations on proposed sovereign, advisory and non-sovereign operations. Support solutions teams in PSD-related operations, including participation in project processing as a team member.Knowledge Sharing:
Engage with private sector partners to communicate ADB operations in Sri Lanka. Contribute to training, conferences, and knowledge sharing on PSD. Prepare and share knowledge products on private sector development.Staff Supervision:
Lead and support reporting staff. Oversee performance of reporting staff with clear direction and regular performance monitoring and feedback. Ensure the ongoing learning and development of reporting staff.Qualifications
You will need:
Bachelor's degree in economics, finance, business administration, public policy or related fields, preferably with advanced training. At least 8 years of work experience in (i) policies and regulations for private sector development regarding investment climate reforms, sector reforms, state-owned enterprise reforms, or public-private partnerships; (ii) private sector financing for infrastructure, corporates or financial institutions; (iii) transaction advisory for PPPs or corporate finance advisory, or (iv) business development in the private sector. Excellent verbal and written communication skills in English. Ability to work with clients and colleagues from different cultural background. Please refer to the link for ADB Competency Framework for Technical Local Staff at grade TL5.Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
Paid leave (including parental) Medical and health benefits Life and other insurance plans Staff development Retirement plan Housing and education allowance (if applicable)Additional Information
This opening is a local staff position. It is open only to nationals and residents of Sri Lanka.
This is a fixed term appointment with option to renew for an initial period of three (3) years following Section 3.1 (b) of Administrative Order No. 2.01 (\"Recruitment and Appointment'). This appointment is not convertible to a regular appointment. At the end of the initial period, this appointment may be renewed for a period of up to three years, or not renewed. There is no limit on the number of renewals. This appointment is open to internal and external applicants.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.
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.
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