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Asian Development Bank (ADB)

Senior Affordable/Social Housing Specialist

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  • 4 days ago
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Job Description

Join Our Mission to Foster Prosperity in Asia

Are you ready to make a lasting impact on 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 of Senior Affordable/Social Housing Specialist is assigned in the Water and Urban Development Sector Office (SG-WUD) within the Sectors Group (SG). SG aims to deliver impactful sector strategy, initiatives, and integrated solutions that advance ADB's strategic agenda in the region and with ADB's clients. The SG, which is comprised of seven sector offices, delivers or supports sovereign, non-sovereign, and advisory operations; delivers knowledge services; supports regional departments (RD) and resident missions (RM) in engaging with developing member countries (DMCs); and ensures ADB's technical leadership externally and internally.

SG-WUD leads policy development and dialogue, knowledge management, project quality assurance, sector analytic work, and loan and technical assistance (TA) processing and administration in the water and urban development sector.

You will be based at our Headquarters in Manila, Philippines.

The selected candidate will be appointed with the title, Senior Urban Development Specialist (Affordable/Social Housing).

You will report to the designated Director, SG-WUD and will supervise national and administrative staff.

Your Role

Established in 2016, the Experts Pool initiative aims at nurturing ADB with cutting edge knowledge in key priority areas, by bringing in experts equipped with such knowledge. As a Senior Affordable/Social Housing Specialist, you will provide substantive technical advice to the Sectors Group and RDs in designing and delivering a credible pipeline of projects through a combination of ongoing advisory services, document reviews, contribution-oriented knowledge products, and mission support.

Specifically, you will assist in developing and implementing inclusive and livable cities development. You will support ADB staff and cities in DMCs by providing advanced technical and commercial expertise on affordable and social housing, inclusive and accessible housing, green and energy efficient housing, and green building certification, and provide expertise and guidance on transitional housing programs for informal settlers. You will formulate policies to improve housing affordability and housing sustainability in ADB's DMCs. You will lead knowledge management initiatives with ADB staff and government officials and staff.

You Will

  • Develop Strategy and Policy for Affordable/Social Housing . Work closely with SG and RDs in developing policies and strategies on affordable housing. You will work closely with DMCs in preparing the strategy, which will comply with cities existing policies and standards while mainstreaming affordable housing. Identify major challenges in delivering inclusive, accessible, and affordable housing (i.e., finance, governance, infrastructure technology) and develop tailored solutions, including green energy efficient housing. Special emphasis will be on developing rental markets for those who are extremely poor and migrants who do not have access to formal housing market.
  • Provide support in the planning, development, and implementation of low-income affordable housing projects . Provide support for the implementation of the capacity building component and work with the Finance Sector Office and other relevant teams within and outside the SG, to support the development of appropriate lending instruments for the low-income and vulnerable groups in collaboration with other project stakeholders.
  • Advise on c ommercial structures underpinning affordable/social housing segment. Provide overarching guidance on the business model for the delivery of the affordable housing market segment in relation to ADB projects. Guide and manage the workstream in relation to market demand and the scale of the financing needs (short, mid-, and long-term) to deliver affordable housing segment; Qualify and quantify financing needs by type of products for supply and demand side (including equity, debt financing, guarantees, climate finance and capital markets instruments).
  • Provide thought leadership both internally and externally on issues related to affordable housing and finance . Establish and continue close coordination with the organizations and institutions that support affordable housing. In particular, you will be the focal point for dissemination of activities related to affordable housing market. Lead the preparation and delivery of The Asia Housing Forum.
  • Lead partnerships and capacity-building activities. Facilitate the exchange and dissemination of good practices in improving housing affordability among countries and cities. You will develop and implement capacity development initiatives for ADB staff and cities, especially capacity building components to design appropriate lending instruments for lower income groups/economically weaker sections .
  • Perform other duties as assigned and reflected in staff's workplan.

You Will Need

  • Master's degree or equivalent in Finance, Engineering, Architecture, Urban and Regional Planning, Urban studies, Social Development, Business Administration/Management or related fields; or University degree in Engineering, Architecture, Urban and Regional Planning, Urban studies, Finance, Social Development, Business Administration/Management or related fields, and at least 5 years specialized experience relevant to the position can be considered
  • At least 10 years of relevant international experience in developing and implementing programs on affordable housing informal settlement upgrading, and housing finance.
  • Demonstrated experience in delivering affordable housing solutions that is linked to financial sector, real estate markets, urban development, and the poverty reduction agenda.
  • Good knowledge of various laws, regulatory frameworks public/private social housing frameworks, on land acquisition, land ceiling, and rent control, in DMCs including related policy aspects, as well design and implementation.
  • Knowledge of house building, and construction techniques associated with affordable housing in emerging markets, particularly in Asia and the Pacific.
  • In-depth understanding of asset management and commercial real estate operations, including land use planning, property management, marketing and leasing, and compliance with financing covenants or regulatory agreements.
  • Experience in low-income housing credits/program, affordable housing programs, community driven development, green building certification, energy efficiency, active and passive design in buildings, land development, and mortgage finance.
  • Direct project experience working in developing countries, working with multilateral agencies, government agencies, and/or non-governmental organizations.
  • Excellent written and verbal communication skills in English.
  • Please refer to the link for ADB Competency Framework for IS5.

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.

ADB only hires nationals of its 69 members.

To view ADB Organizational Chart, please click here .

ADB seeks 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.

Benefits

ADB offers competitive compensation and a comprehensive benefits package . The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.

  • Paid leave (including parental)
  • Medical and health benefits
  • Life and other insurance plans
  • Staff development
  • Retirement plan
  • Housing and education allowance (if applicable)
  • Expatriate benefits (for international staff)

Additional Information

ADB will be rolling-out a new job grading structure on 1 January 2025, which may result in a change of the position grade and title with no change in the terms of reference. By proceeding with your application, you acknowledge and accept the possibility of such changes resulting from the new job grading structure.

Staff on probation are not eligible to apply. Applicants for promotion must have served at their position for at least one year and must have normally served at their personal level for at least two years immediately preceding the date of the vacancy closing date. Applicants for lateral transfer must have served at their position and personal level for at least one year immediately preceding the date of the vacancy closing date (reference A.O. 2.03, paragraphs 5.8 and 5.9).

In the event that the staff appointed to a new category (i.e., from AS to NS, or from NS to IS) is rated at 2 or lower in the first two performance reviews after appointment at the new level, they will return to the level occupied immediately prior to their appointment in the new category.

This is a fixed term appointment with option to renew for an initial period of three ye ars following Section 3.1 (b) of Administrative Order No. 2.01 (Recruitment and Appointment). This appointment is not convertible to a regular appointment. After the initial fixed period, ADB has the option to renew the appointment for up to three years or allow it to expire. There is no limit on the number of renewals. This decision is based on ADB's overall interest in retaining the skills and experience of the staff for medium-term work program within the respective group, department, or office, while considering the availability of funding sources. This appointment is open to internal and external applicants.

This is an experts pool position intended to bridge ADB skill gaps in areas requiring cutting edge knowledge.

Primary Location: Asian Development Bank Headquarters-Philippines-Manila

Department: Sectors Group

Staff Category: International Staff (HQ)

Position Level: IS 5

Job Posting: 19-Nov-2024, 8:31:38 AM

04-Dec-2024, 7:59:00 PM

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Date Posted: 20/11/2024

Job ID: 101002809

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