Finance Analyst / Associate - Loan Administration (4305) (Base in Beijing)

Ref. Number: 21077
Department: Office of the Controller
Job Type: Global Recruitment
Posting Date: May 26, 2022
Closing Date: June 16, 2022

Finance Analyst / Associate - Loan Administration

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow-infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 105 approved members worldwide. We are capitalized up to USD100 billion and Triple-A-rated by the major international credit rating agencies. Working with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled, and promotes regional connectivity.

The Loan Administration Unit under the Office of the Controller advises Front Office project teams and participates in the planning for disbursement arrangements throughout an investment project cycle, ensuring consistency with the results of the fiduciary assessments and compliance with relevant guidelines and procedures; reviews and approves disbursement requests in a timely manner; and assists the Front Office with technical loan operation matters for private and public sector clients.

The Finance Analyst/Associate will work with the Loan Administration Unit and will focus on the Bank's back-office operations on its financial products (primarily loans, but also includes equity investments, guarantees and other financing products). The role is for a junior professional whose specialty area is in commercial and investment banking operations or an experienced professional with a specialty in multilateral development bank (MDB) sovereign loans.

Responsibilities:
1. Loan/Financial Products Management

1. Support the Senior Finance Officers from end-to-end with the preparation and maintenance of transactions;
2. Work closely with other departments, including Investment Operations, Treasury, Risk and others, to ensure that critical fiduciary aspects of loans and financial products are fully considered when transactions are prepared;
3. Monitor disbursement arrangements to assess whether they remain adequate and advise the project team of any needed changes;
4. Monitor daily cash activity with the Treasury Department; and
5. Assist in building up the Loan Management Automation System and other future systems.

2. Loan/Financial Products Portfolio Management

1. Monitor disbursement performance, including maintaining and updating the disbursement database and providing disbursement reports as needed;
2. Review and process refunds of loans and financial products proceeds as needed;
3. Review and process loan and financial products cancellations caused by savings or others;
4. Close loans and financial products in a timely and appropriate manner together with project teams;
5. Monitor lapsed loans and take appropriate action accordingly;
6. Look after the administrative servicing work, including the preparation of billing statements; and
7. Process and safekeep investment certificates and manage collateral documentation.

Requirements:

• A bachelor's degree, preferably in accounting, business, finance, economics or related courses, and a minimum 2-5 years of relevant work experience in the field of banking loan operations, gained from prior positions with commercial banks and/or multilateral development banks;
• Robust knowledge of loan administration over the life of loans;
• Self-motivated and able to build internal and external relationships to ensure a seamless process;
• Proven ability to work efficiently within teams and effectively communicate for results;
• Proven ability to manage multiple projects with competing deadlines;
• Demonstrated knowledge of Excel, Word and PowerPoint. Programming knowledge a plus; and
• Excellent oral and written communication skills in English.

AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive selection process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.

Join in AIIB's mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.
Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.