Chief, Public Sector

Job description / Role

Closing on: July 15, 2024 at 11:59pm (China Standard Time)
Based in: Shanghai, China
Target Market: Global recruitment

Reporting to the Director General, Public Sector, this position will be responsible for guiding project team leaders in preparation, appraisal and negotiation of investment projects in key areas of NDB operations as defined by the General Strategy. This position will focus on sovereign, sovereign guaranteed operations and operations with subnational governments without sovereign guarantee.

Given the current lean staffing of the Public Sector Department, the candidate shall be ready, especially during the first months of the work, to act as a project team leader for preparation, appraisal and negotiation of investments projects and in doing so, bring about best international banking practices and sectoral experience.

Specific responsibilities include but not limited to:
• Lead the internal project appraisal process including drafting concept note and project document to the board (and other project related documents), interfacing with other departments and divisions in the Bank for their inputs (environmental and social, procurement, governance, legal, risk, treasury, strategy, research, etc), negotiating with clients, preparing project documents for approval, and undertaking initial project monitoring activities until the first disbursement of the loan and its handover to NDB Regional Offices and Centres.
• Prepare proposals to the Management on new banking products and on optimization of business processes.
• Conduct appraisal of operations in technical, fiscal, financial, economic, institutional, implementation and fiduciary aspects.
• Conduct missions for project preparation, appraisal, and negotiation of transaction documents.
• Build and develop sector knowledge, draft sector knowledge reports.
• Provide technical inputs into the design of projects, incorporate sectorial, operational, and country lessons learned in the project preparation, and maximize NDB’s value addition throughout the processing stage.
• Advise clients on the preparation of the feasibilities studies, technical design, institutional capacity building with the focus on relevance, sustainability and problem-solving.
• Support the Regional Offices and Centres in project origination and supervision of implementation.
• Keep abreast of the market developments, trends, opportunities and challenges in infrastructure landscape and long-term financing and provide inputs to relevant stakeholders on operations strategy, policies, budgets, business plan, etc.
• Ensure compliance with all applicable policies, guidelines, systems and process effectively for delivery of the lending and investment program in line with the Bank’s General Strategy.
• Other duties and responsibilities assigned from time to time.

Position requirements:

• Minimum 12 years of relevant professional experience in multilateral development banks on positions focused on appraisal of sovereign guaranteed loans for investment projects and programs.
• Proven expertise in financing and implementing projects in one or several sectors: water, waste and sanitation; transport; urban development, environment protection and energy efficiency; health and education; digital infrastructure.
• Excellent verbal and written communication skills.
• Excellent knowledge of economic analysis of investment projects.
• Good knowledge of financial analysis of companies and subnational governments.
• Good proficiency of MS Excel.
• Master’s Degree or equivalent in a relevant field from a reputed university.
• Degree in engineering or public finances is an advantage.

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.