Asian Development Bank Portfolio Management Division calls applicants for the internship program. The incumbent will join the Department of  Private Sector Operations Development. PSOD is a dynamic and fast-moving business with many change projects ongoing at any one time. Overall, the internship will be 8 to 16 weeks long starting in June 2020. The duty station will be in Manila, the Philippines at the headquarter of Asian Development Bank.

Functions/Responsibilities

The successful appointee of Internship Program at the Asian Development Bank will perform the following tasks

• Assist in deal monitoring and portfolio management.
• Similarly, s/he will undertake a review of the equity portfolio (esp. the underperforming) to develop lessons learned analysis.
• Develop consistent valuation approaches/ methodologies across the Equity portfolio.
• Furthermore, examine and propose improvements to the equity portfolio monitoring process.

Benefits/Compensation

For this position, the Asian Development Banks will pay their intern a daily stipend of 69 US Dollars up to 56 days. However, interns may choose to continue work beyond 56 calendar days in agreement with the designated supervisors, but without stipend.

Requirements 

Candidates must have the following specifications in order to apply for this internship program at the Asian Development Bank

• Must be commencing graduate-level study in Finance, Accounting or related field.
• Prior private equity, financial advisory, investment or commercial banking experience preferred.
• Has to be analytical, detail-oriented, and able to efficiently multi-task.
• Furthermore, must have the ability to work as part of a team and across departmental boundaries is essential.

Application Process

Applicants must submit an online application in order to apply for this vacancy. In addition to the application, candidates must submit the following attachments

• Curriculum vitae (CV)2.
• Proof of enrollment to a Masters or Ph.D. program. Also, inclusive dates should confirm that you will be enrolled during the intended period of assignment.
• Essay in MS WORD or PDF document, maximum of 1500 words per question. (Please see essay questions below)
• Describe one example of your experience that demonstrated your interest in working in ADB.
• Highlight your qualifications that will help accomplish this internship assignment (e.g., coursework, research, work experience, etc.).

About Asian Development Bank

The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The company also maintains 31 field offices around the world to promote social and economic development in Asia. The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE) and non-regional developed countries. From 31 members at its establishment, ADB now has 68 members.

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