Opening on: March 2, 2022 at 05:00pm (China Standard Time)
Closing on: March 23, 2022 at 05:00pm (China Standard Time)
Based in: Shanghai, China
Target Market: Global recruitment
OVERVIEW
The New Development Bank (“NDB”) provides opportunities to qualified and motivated young professionals to develop their professional skills and expertise in a dynamic multicultural environment, and is inviting applications for the positions of Young Professional and Junior Professional, which are the entry-level positions for professional staff.
Based on the business needs of NDB, as well as the assessment on the competencies of the highly qualified and motivated candidates, the successful candidates will be assigned to a specific Department/Division of NDB, and the grade will be determined at the end of the recruitment process. Young Professionals and Junior Professionals are full-time regular staff and will have a four-year employment contract with NDB. NDB offers competitive salaries and a comprehensive benefits package designed to meet the needs of its internationally diverse workforce.
Diversity is one of the NDB’s core values. The NDB is committed to making reasonable efforts to ensure the success of diversity and its corresponding objectives. The NDB encourages all qualified candidates who are nationals of the NDB member countries to apply, regardless of their race, gender, disability, sexual orientation, ethnicity, religion, and marital status.
PURPOSE OF THE JOB
1. Under the leadership and guidance of the Chief, Financial Institutions and Markets, and other experienced professionals, who will be assigned as mentors, the Young Professional will multitask and gain valuable on-the-job experience.
2. The Young Professional will contribute to the work of the Financial Institutions and Markets Division by supporting operations aimed to offer financial solutions for sustainable infrastructure investments throughout all phases of the project cycle, including project structuring, execution, implementation and monitoring.
3. The incumbent will also support the division in the preparation of technical notes and compilation and research of information and pipeline management.
4. The Young Professional will work within the Financial Institutions and Markets Division team and will take responsibility for the tasks assigned to him/her, including undertaking comprehensive due diligence, including financial, market, integrity and NDB’s policies related, as well as effective post-signing implementation and monitoring, as required.
SPECIFIC RESPONSIBILITIES include but not limited to:
Structuring and execution:
1. Work as a project team member on transactions, contributing to all aspects of project structuring and execution, including comprehensive research and analysis of background materials, market information and financial performance data; local financial markets conditions (depth, tenors, interest rates, etc) and regulation, support in modeling and preparation of economic assessments of FIs pipelines, analyze and evaluate potential risks related to the proposed project, including analysis of financial statements, preparing and updating financial models and financial projections;
2. Ensure that all tasks assigned are completed within the specified time frames to a high quality and in line with the policies, procedures and objectives of the Bank.
Monitoring and Reporting:
1. As requested by the project team leader, undertake assigned tasks relating to the implementation and monitoring of projects to which the Young Professional is assigned as part of the project team, including compliance with project agreements and Bank procedures related to disbursement, monitoring of progress of the project and financial performance of the client, assessing evolving risk factors and monitoring and assessing covenant compliance;
2. As requested by the project team leader or more senior member of the project team, prepare timely and comprehensive draft monitoring reports and include recommendations for corrective actions where required and ensure these corrective actions and recommendations are brought to the attention of more senior team members.
Research and technical backstopping:
1. Research, compile information and support the preparation of specific technical reports, presentations and/or internal notes the division may need to prepare for internal and externa audiences;
2. Support the division pipeline management, monitoring and reporting; o As may be requested, assist with communication with other internal units of the Bank, clients and other stakeholders, at the operational level, including preparing draft correspondence and following up on internal e-mails.
Other duties and responsibilities assigned from time to time.
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1. For Young Professionals: Minimum of 3 years of relevant full-time professional experience
(excludes summer/winter jobs, internship, traineeship, articleship, etc.)
2. Relevant experience in financial and capital markets industry experience, including in a national or international development financial institution, an investment or commercial bank, private equity firm, asset management firm, or auditing/financial consulting firm operating to international standards.
3. Exposure to financial and capital markets is desirable, to include inter alia understanding of local financial markets of borrowing members and the sector specifics, and regulation.
4. Experience and demonstrated knowledge of project development and management and monitoring for sustainable infrastructure investments is desirable.
5. Experience with international environment international environment is desirable.
6. Experience in working in the member countries of the Bank.
7. Excellent analytical skills, with ability to assess and synthetize findings and relevant inputs for the preparation of high-quality operations.
8. Credit analysis, quantitative and numerical skills with the ability to interpret financial information and understand local and international accounting principles and practice of credit and financial intermediation analysis.
9. Excellent written and oral communication skills in English, with ability to communicate complex concepts and prepare reports that are clear, concise, and meaningful for different audiences.
10. Excellent understanding of relevant systems and processes.
11. Ability to work well in a multidisciplinary team environment with minimal supervision and capacity to adhere to deadlines and under time pressure.
12. Computer literacy, conversant with Microsoft Office and spread sheet packages including financial analysis and modelling modules.
13. Fluent in at least one of the NDB member countries languages.
14. Experience in working in the member countries of the Bank.
15. Master’s Degree or equivalent in a relevant field from a reputed university. Professional qualification such as ACA, CFA, ACCA, or CIMA desirable.
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English 
FRENCH
