Description
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PDMT Product Research Consultant |
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The Asian Infrastructure Investment Bank (AIIB or the Bank) is a multilateral development bank whose mission is to finance Infrastructure for Tomorrow, with sustainability at its core. AIIB began operations in Beijing in January 2016 and has since grown to 111 approved members worldwide.
AIIB is committed to continuous adaptation and innovation in order to provide investment solutions that respond to the evolving needs and challenges of its clients. The Product Development and Management Team (PDMT), within the Sectors, Themes and Finance Solutions Department (FSD) supports this objective by promoting a proactive and systematic approach to product development and ensuring that product development priorities are aligned with the Bank’s strategy and informed by their expected business impact and investment requirements.
PDMT conducts strategic assessments and supports the prioritization of product development initiatives to facilitate the effective allocation of resources. It identifies product opportunities through proactive market research and benchmarking, consolidates product development requests from across the Bank, and collaborates with requesting units and the New Product Working Group in preparing New or Amended Product Proposals. PDMT also facilitates the scaling up of products, promotes internal knowledge sharing and represents the Bank in international forums on product-related matters. |
| 2. Objectives of the Assignment
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To strengthen its research and analytical capacity, PDMT seeks a Junior Research Consultant to support:
• Market and product research related to existing and potential investment products; • Internal product monitoring and knowledge-management activities; and • The preparation of regular reports, presentations and briefing materials for senior management and other internal stakeholders. The consultant will work under the guidance of PDMT staff and will provide research, analytical and coordination support. The role will not entail independent responsibility. |
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The consultant’s responsibilities are expected to include the following:
A. Product and Market Research • Conduct desk-based research on investment products, product-related financial markets and financing structures relevant to AIIB’s mandate and operational priorities. • Collect, organize and analyze quantitative and qualitative information from public databases, market reports, regulatory publications, peer institutions and other credible sources. • Review relevant market developments, regulatory frameworks, transaction precedents and practices of multilateral development banks, development finance institutions and other financial institutions. • Support comparative assessments of financial products and markets across AIIB members and other relevant jurisdictions. • Assist in identifying emerging market demand and gaps and potential product opportunities that may warrant further consideration by PDMT. • Prepare concise research notes, market summaries, peer comparisons, data tables and presentation materials based on the findings. • Maintain clear records of data sources, assumptions and methodological limitations to support the reliability and reproducibility of the analysis.
B. Support for Product Strategic Assessments • Support PDMT staff in undertaking strategic assessments of potential new products and enhancements to existing products. • Compile information on market demand, peer experience, transaction precedents and other matters identified by PDMT staff. • Assist in mapping potential product applications against AIIB’s sectoral, thematic and country priorities. • Conduct targeted follow-up research in response to comments or questions raised during internal reviews. • Support the preparation and updating of materials for internal discussions, briefing notes and management presentations.
C. Product Monitoring and Knowledge Management • Support the maintenance and periodic updating of PDMT’s product taxonomy, product inventory, research repository and other internal knowledge-management tools. • Assist in collecting and consolidating information on the use, pipeline and development status of newly introduced or recently approved AIIB investment products. • Contribute to periodic product and market intelligence updates for senior management.
D. Internal Coordination Support • Support coordination with relevant AIIB departments and teams in connection with product research and strategic assessments. • Assist in organizing meetings, workshops and consultations, including preparing background materials, agendas and presentations, as well as concise records of discussions and agreed follow-up actions. • Consolidate inputs received from internal stakeholders and incorporate them into research outputs and working documents under the guidance of PDMT staff. • Assist with engagement with external consultants, market participants, peer institutions and other stakeholders, as requested by PDMT. |
| 3. Scope of Services (Continued)
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| 4. Consultancy Output / Deliverables
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The consultant is expected to produce or contribute to the following outputs, as requested during the assignment: • Research notes on selected financial products, related financial market conditions and peer practices, including supporting data tables and source references • Inputs to product strategic assessments and internal briefing materials; • Periodic product-intelligence updates; • Updated product databases, taxonomies, trackers and research repositories; • Presentations and briefing materials for PDMT, FSD and senior management; and • Meeting materials and concise records of consultations and follow-up actions.
The specific content, format and timing of individual deliverables will be agreed with PDMT staff based on the Team’s evolving work program. |
| 4. Consultancy Output / Deliverables (Continued)
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| 5. Implementation Arrangement
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The consultant will report to a designated person in PDMT and will work closely with other PDMT staff. The assignment will be based in the AIIB Headquarter in Beijing, subject to AIIB’s applicable policies and arrangements. |
| 5. Implementation Arrangement (Continued)
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| 6. Support to the Consultant by the Bank
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| 7. Knowledge Transfer and Training
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| Qualification Requirement
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The consultant should possess the following qualifications:
• A bachelor’s or master’s degree in finance, economics, business or another relevant discipline; • Preferably at least three years of relevant professional, research or internship experience in banking, investment, development finance, consulting or a related field; • Good understanding of financial products, financial markets and an interest in investment products and financial innovation; • Demonstrated ability to conduct structured desk research and synthesize complex information into clear and concise outputs; • Strong quantitative and analytical skills, including the ability to collect, organize and interpret market and financial data; • Proficiency in Microsoft Excel, PowerPoint and Word; experience with financial databases or data-visualization tools would be an advantage; • Excellent written and spoken English; • Strong attention to detail and the ability to maintain appropriate source documentation and quality control; • Ability to manage multiple assignments, work within agreed deadlines and respond constructively to guidance and feedback; and • Strong interpersonal skills and the ability to work effectively in a multicultural and multidisciplinary environment.
Experience relating to multilateral development banks, infrastructure finance, capital markets, sustainable finance or emerging markets would be an advantage. |
Consultancy Input Days
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