Legal Officer (Finance and Funds)

Manila - Philippines

Monthly Salary: Not Disclosed

Posted on: 14 hours ago

Vacancies: 1 Vacancy

Job Summary

Join Our Mission to Foster Prosperity in Asia

Are you ready to make a difference in 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 is assigned within Office of the General Counsel (OGC). OGC is responsible in protecting the legal interests of ADB and advises on methods to limit ADBs risk exposure appropriately. It prepares or reviews documents which create define modify or limit the legal rights or obligations of ADB including loan contracts agreements and registration statements in relation thereto and other contractual documents.

You will be based at our Headquarters in Manila Philippines.

You will report to the designated Technical International Staff and/or Officer (as applicable).

The position title on appointment is Legal Officer.

Your Role

As Legal Officer you will provide legal and technical support to counsel with respect to ADBs finance and funds operations.

You will:

a. Finance Operations

Support counsel in drafting reviewing and finalizing legal documents related to ADBs bond issuances derivatives transactions and regulatory approvals.
Review agreements and documents from the Treasury Department and other relevant units assisting in negotiations and finalization.
Monitor global regulatory changes affecting ADBs Treasury operations and provide legal guidance on compliance with ADBs Charter policies and applicable laws.

b. Funds Operations

Support counsel in legal matters related to cofinancing partnerships knowledge partnerships and ADBs involvement in global and regional funding initiatives.
Review and assist in negotiating agreements such as MOUs cooperation arrangements and affiliation agreements from departments including SPD CCSD and SD.
Draft and finalize agreements documents and communications related to fund operations.

c. Legal Research and Support

Conduct legal research and assist counsels in responding to internal and external inquiries on global financial regulatory reforms policy changes and jurisdiction-specific legal matters.

d. Others

Assist in training and mentoring new staff and consultants support special projects and perform non-project-specific tasks and additional duties as assigned by the supervisor.

You will need:

Bachelors degree in law and member of the Philippine Bar or its equivalent work experience in a multilateral financial institution preferably with advanced training.
At least 8 years of relevant professional experience with in-depth knowledge in documenting bond and swap issuances and derivative transactions.
Strong analytical skills with keen attention to detail ability to work in multi-cultural multi-skilled teams and inspire trust confidence and a culture of honesty and openness.
Excellent written and verbal communication skills in English.
Please refer to the link for ADB Competency Framework for Technical Local Staff Grade 5.

Benefits

ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADBs standards and comparator markets taking into account your qualifications and experience.

Retirement plan
Medical and health benefits
Paid leave (including parental)
Life and other insurance plans
Staff development

Additional Information

This appointment is open to internal and external applicants.

This is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period this appointment may at the option of ADB be extended once for up to 2 years converted to a regular appointment or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staffs particular blend of skills and experience in the foreseeable future; and (b) Staffs performance is satisfactory and they are suitable for further employment.

About Us

ADB is a leading multilateral development bank supporting inclusive resilient and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together ADB harnesses innovative financial tools and strategic partnerships to transform lives build quality infrastructure and safeguard our planet. Founded in 1966 ADB is headquartered in Manila and owned by 69 members50 from the region.

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.

Required Experience:

Unclear Seniority

Join Our Mission to Foster Prosperity in AsiaAre you ready to make a difference in 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 powe...