Senior Portfolio Management Specialist
Job Vacancy | Friday, May 9, 2025
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- Reference Number 250388 Position Level TI2 Department Central and West Asia Department Division Uzbekistan Resident Mission Location Uzbekistan Resident Mission Date Posted Friday, May 9, 2025 Closing Date Monday, May 26, 2025 11:59 p.m. (2359 Manila Time, 0800 GMT)
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a difference 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 Senior Portfolio Management Specialist is assigned to the Uzbekistan Resident Mission (URM) within the Central and West Asia Department (CWRD).
You will report to the Country Director and will supervise junior team members responsible for project administration and portfolio management.
Your Role
As a Senior Portfolio Management Specialist, you will be responsible for implementation of ADB's sovereign operations, including planning and conducting of regular reviews of the status and progress of loans, technical assistance (TAs) projects, lending and non-lending operations in coordination with the Country Operations Heads.
You will do:
Strategy and Planning
- Develop URM's detailed operational targets for project administration, including projections for project contract awards and disbursements, commitments for project physical and financial closures, completion reports, and monitoring their successful achievement.
Portfolio Management
Prepare and monitor portfolio management plans (i.e. contract awards, disbursements, project completion report/TA completion report programs, etc.) for URM and monitor their achievements. Lead the monitoring, periodic review and progress reporting of project and program implementation; compliance with covenants, safeguards, financial management, and gender mainstreaming policies; and the achievement of desired development impact. Review and regularly update a snapshot report on Uzbekistan's portfolio performance by sector, thematic, and geographical locations; and preparation of initiatives to promote project quality and improve portfolio performance. Review and suggest, where necessary, proposed changes to projects and programs to improve project implementation and delivery of development assistance. Provide guidance and advice for the identification and implementation of action items needed to minimize the risks and resolve implementation issues and problems. Collaborate with ADB's nonsovereign team to learn lessons from the project administration and apply innovative findings and solutions in portfolio management.Project Management
Support and lead, where necessary, the processing and administration of complex loan and TA projects within sectoral or thematic area of expertise.Knowledge Sharing
Advise and train internal and external stakeholder on ADB policies, guidelines, practices on project administration in coordination with the framework of Capacity Development Resources Center, implemented by URM. Guide and assist URM project administration staff in mid-term reviews, reformulation and change of project scope, procurement matters and consultant selection process under ADB loans and TAs, and contract administration to ensure that they are carried out in accordance with ADB's guidelines, Project Administration Instructions, and relevant procedures. Participate in and contribute to relevant internal and external training and conferences and other activities for advocacy, dissemination, and knowledge building.Qualifications
You will need:
Master's Degree, or equivalent, in Business Administration, Finance, Economics, Social Science, Engineering, or related fields. University degree combined with at least 5 years specialized experience in similar organization/s may be considered in lieu of a Master's degree. At least 10 years' of relevant professional work experience and hands-on experience in project processing, administration and portfolio management in different sectors at senior levels in an international setting. Proven application of expertise within a specific area of multilateral development bank operations (economic, sector or thematic), or breadth across multiple areas with in-depth knowledge within one area. Extensive knowledge of multilateral development bank guidelines on project implementation, including procurement and recruitment of consultants. Excellent oral and written communication skills in English. Please refer to the link for ADB Competency Framework for TI2.
Benefits
ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
Housing and education allowance (if applicable) Expatriate benefits (if applicable) Retirement plan Medical and health benefits Paid leave (including parental) Life and other insurance plans Staff developmentAdditional Information
You will initially be based at ADB Headquarters in Manila for one year before moving to URM. .
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 our Strategy 2030.
ADB only hires nationals of its 69 members.
To view ADB Organizational Chart, please click here.
ADB wants 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.
Visit ADB Careers FAQ for more information.
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