Overview
Provide independent and in-depth legal advice and analytical support in the negotiating, processing and administration of nonsovereign financing arrangements, and in the development of model documentation for nonsovereign transactions and other legal matters.
Key Responsibilities
- Provide independent and in-depth advice and support OGC counsels on legal aspects relating to nonsovereign operations.
- Prepare draft documents and advice on legal aspects of nonsovereign operations, including legal due diligence, preparation of investment documentation, and preparing all other legal documents consistent with ADB's internal law, lending and other operational policies.
- Review and update model documentation for all ADB mandate and country framework agreements related to non-sovereign operations.
- Obtain and review legal origination and administration documents, including legislation that may affect non-sovereign projects.
- Assist deal teams in identifying legal issues that may arise from project design, including issues related to environmental and social safeguards.
- Assist deal teams in negotiations with clients, both in preparing for such negotiations and taking action further to such negotiation.
- Advise and provide support on structuring specialized financial intermediation arrangements between ADB and financial institutions undertaking microfinance transactions.
- Assists deal teams in Office of Risk Management (ORM) and Private Sector Operations Department (PSOD) with recovery procedures, including enforcement of security and litigation; loan restructuring and work-out matters; and disposals of ADB investments.
- Reviews transaction advisory services documents, government procedures in DMCs, risk assessment documents and procurement matters.
- Processes disbursements for nonsovereign loans and equity investments and reviews waiver, closing, and ongoing documentation matters.
- Identifies law and policy reform (LPR) issues and contributes to the development of LPR proposals and solutions.
- Contributes to OGC advice on enhancing ADB operational policies, participates in interdepartmental analysis of complex legal issues, conducts legal and policy research on nonsovereign projects, and undertakes other assigned duties and special projects in support of OGC operations.
Required Experience
At least 8 years relevant experience in entire project cycle from processing to implementation as well as in research-related activities. Relevant knowledge of project documentation and conducting legal due diligence.
Qualifications
Bachelor's degree in Law and related fields, preferably with advanced training. Member of Philippine Bar is preferred.
