Position title: Principal Legal Counsel (Private Sector Operations) – GECL.2 Grade: PL- 4 Position N°: 50062600 Reference: ADB/13/104 Publication date: 08/07/2013 Closing date: 25/07/2013 General Counsel and Legal Services Department (GECL) : GECL provides legal services to the statutory organs of the Bank and the Fund.  In addition, GECL provides legal advice on the administration, operations and financial activities of the Bank.  GECL also ensures that the activities and operations of the Bank are consistent with the constitutive documents and other legal instruments of the Bank, its policies, the relevant norms and principles of international and commercial law, and the best practices of development finance institutions. Private Sector Division (GECL2) : The Private Sector Division’s advises on private sector transactions and other initiatives mostly originated by the Bank’s private sector operations department (OPSM).  Most of the transactions include non-sovereign loans, guarantees, project finance, syndicated loans, equity participations and trade finance.  Under the direct supervision of the Division Manager, Private Sector Operations (GECL.2), the incumbent will be responsible for the following activities in connection with the Private Sector activities of the Bank: Conducting legal due diligence on proposed transactions such as the review of project documents and agreements (including development or construction contracts, supplier agreements, concession agreements, joint venture agreements, management agreements and shareholders’ agreements etc), constitutive documents of proposed borrowers/investee funds and review of local regulatory requirements; Liaising and collaborating with staff in the private sector operations, finance and environmental and social departments to develop the appropriate terms and conditions of each transaction, ensuring compliance with Bank’s policies; Participating in project appraisal missions and reviewing project concept notes, project appraisal reports, drafting board resolutions; Drafting and/or reviewing, negotiating and finalising all legal documentation relevant to the proposed transaction, including term sheets, loan agreements, lines of credit agreements, common terms agreements, guarantee agreements, participation agreements, inter-creditor agreements, security documentation, assignment agreements and information memoranda etc, depending on the nature of the project and the type of financing;   Advising on transaction structure and documentation for private equity investments by the Bank to ensure compliance with Bank policies and practice as well as applicable laws including drafting and/or reviewing shareholders agreements, partnership agreements, management agreements, co-investment agreements, subscription agreements etc Providing legal support for the implementation and monitoring of projects after signing and disbursement, including advising on waiver requests, approval requests and project work-outs; Liaising with co-lenders/investors, partners and external counsel as and when needed; and Undertaking such other assignments as required in furtherance of the Department’s mandate