Junior Professional, Project Portfolio Management

Job description / Role

Closing on: July 18, 2024 at 11:59pm (China Standard Time)
Based in: Shanghai, China
Target Market: Global recruitment

Under the leadership and guidance of the head of Project Portfolio Management Department, and other experienced professionals, who will be assigned as mentors, the Junior Professional will multitask and gain valuable on-the-job experience. The responsibilities include performing Bank-wide project portfolio management for sovereign-guaranteed and non-sovereign transactions, and establishing reporting mechanisms and internal Operations Vice-Presidency (OPS) project related systems, in close cooperation with Public Sector Department, Private Sector and Non-Sovereign Guaranteed Transitions Department, and Regional Offices and Centers.

Specific responsibilities include but not limited to:
• Conduct robust regular loan, funds, guarantees and equity portfolio reviews, with a robust analytical approach, acting in close coordination with other departments and Divisions in OPS as well as the Regional Offices and Centers.
• Establish, operate and update a project portfolio management dashboard and other instruments.
• Prepare timely and regular project information and progress reports at the bank-wide portfolio level to the OPS Management, flagging critical issues arising in the project portfolio with a problem-solving approach.
• Identify, build, and incorporate lessons learned from the Bank’s operations, from project origination stage, project appraisal process, to project implementation stage, for both sector knowledge and operational experiences, in close collaboration with other Departments in OPS as well as the Regional Offices and Centers.
• Support Regional Offices and Centers and the East-Asia Pacific Desk in ensuring timeliness and consistency of portfolio management actions, such as facilitating restructuring of loans, loan conversion and equity sales.
• Support Regional Offices and Centers and the East-Asia Pacific Desk in strengthening implementation monitoring and expediting of disbursements for Bank’s projects.
• Review and contribute to the consistency and robustness of the project progress and completion reports prepared by OPS departments/desks and regional offices/centers.
• Conduct regular evaluations and analysis to improve the quality of Bank’s entire project portfolio.
• Coordinate project information disclosure as per existing Information Disclosure policies of the Bank working closely together with Corporate Communications Division.
• Support Regional Offices and Centers and other OPS department in bank-wide processes pertaining across operations.
• Other duties and responsibilities assigned from time to time.

Position requirements:

• Minimum 1 year of relevant full-time professional experience is preferred. The relevant full-time professional experience excludes summer/winter jobs, internship, traineeship, articleship, etc. Candidates with less than one-year full-time professional experience, and fresh graduates who have obtained the education degrees, as required by NDB, could also be considered.
• Relevant professional/internship experience in multilateral and national development banks, commercial banks and government agencies on positions focused on project appraisal, implementation and portfolio management.
• Experience or knowledge in sovereign/non-sovereign project financing and implementing in one or several sectors: clean energy, water, waste and sanitation; transport; urban development, environment protection and energy efficiency; health and education.
• Excellent verbal, written communication and IT skills.
• Solid knowledge of economic analysis and financial analysis of investment projects
• Master’s Degree or equivalent in a relevant field from a reputed university. Professional qualification such as ACA, CFA, ACCA, or CIMA desirable.

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.