Job Description

Department: Legal Department
Closing Date: 26 July 2023

Chief Counsel, Sovereign-Backed Finance

The Asian Infrastructure Investment Bank (AIIB, the Bank) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow-infrastructure with sustainability at its core. AIIB began its operations in January 2016 and have since grown to 106 approved members worldwide. Capitalized up to USD100 billion and rated Triple A by the major international credit rating agencies AIIB meets clients\' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

The position of Chief Counsel, Sovereign-Backed Finance, the Legal Department (LEG) demands that the incumbent has the skills and experience needed to assume primary accountability and leadership responsibility within LEG for managing the following aspects with focus on Sovereign-Backed Finance:

• Lead a departmental unit within LEG providing legal advisory services on Sovereign-Backed Finance to the Vice Presidency, Investment Operations and, to the extent involved, advice on matters relating to investment operations, the Vice Presidency, Policy, Strategy and Budget.
• Mentor, guide and support unit lawyers in their work designing operations; drafting and negotiating legal agreements for those operations, assisting in processing approvals by the Board, and facilitating responsive action to changing circumstances during the implementation of operations.
• Supervise and guide lawyers working on Sovereign-Backed Finance on each step of the project cycle including reviewing and clearing legal documents.
• Provide comments on and contribute to the development of proposed new Bank policies, directives and guidance notes.
• Provide legal advice on the operational aspects of Bank policies and directives in respect of Sovereign-backed Finance.
• As needed, lead a function within LEG that provides departmental support to Bank, managing external counsel advising AIIB on investment operations, specifically Sovereign-Backed Finance.
• Provide advice to committees of the Board of Directors.
• Provide advice to the management committees dealing with investment operations and policy and strategy matters as they impact on investment operations in respect of Sovereign-Backed Finance.
• Represent the Bank at external events in relation to investment operations matters.
• Contribute to Bank-wide initiatives and other tasks as directed by the General Counsel.

The position reports to the General Counsel.

The skills required to discharge the above-described responsibilities include:

• Minimum 15 years relevant experience
• Master\'s or advanced law degree or equivalent. Should be qualified to practice law in at least one jurisdiction.
• A high level of technical competence in investment operations, particularly in respect of Sovereign-Backed Finance, including sovereign and sub-sovereign loans.
• The ability to contribute substantially to informed decision-making by the Bank\'s governance organs and senior staff.
• Proven track record of having worked:

• in a wide range of countries, including middle-income countries at various levels of development, less developed countries quickly emerging into middle-income countries, fragile and post-conflict countries and countries facing capacity constraints; and
• on novel and innovative multilateral development bank products and instruments, such as development policy and results-based lending and climate finance.
• The stature and personality needed to manage and lead staff so that the legal and other services they provide fully meet the Bank\'s needs.
• The ability to command the confidence of those with whom the incumbent works.
• The experience needed for this position is likely to have been drawn from a combination of working, for a substantial number of years (minimum 15 years), at progressively more senior levels in a major multilateral development bank, a leading law firm, a major private financial institution or global corporation.

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 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.

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