Senior Risk Management Specialist at ADB, Manila, Philippines

Deadline: 16 June 2023

Asian Development Bank (ADB) is currently seeking applications from eligible applicants for the post of Senior Risk Management Specialist in Manila, Philippines. The duration of this post is 3 years.

The ADB aims for an Asia and Pacific free from poverty.

Key Jobs Responsibilities

The Senior Risk Management Specialist will perform the following functions-

• Liquidity Risk Assessment
  • Lead the coordination of the 2nd line of defense activities with different stakeholders to build an effective liquidity risk oversight.
  • Actively ensures adherence of the first line of defense activities to internal liquidity risk policies.
  • Contribute to ORM’s second line of defense role, by independently assessing and reporting on potential gaps and emerging liquidity risks.
• Model Risk and Research
  • Oversee the collection and evaluation of modeling results for liquidity risk oversight, in-depth quantitative analysis on all aspects of models including assumptions, model design and implementation as well as reporting.
  • Perform ad hoc investigations around liquidity issues, representation of data and liaises with the appropriate teams in order to gain insight.
• Knowledge Sharing
  • Maintain knowledge of emerging best practices and standards in risk management.
  • Develop, organize, and conduct training to facilitate staff training and promotes an appropriate risk culture in ADB.
  • Stay up to date with all risk-related regulatory developments and industry best practices in risk management.
• Staff Supervision
  • Supervise the performance of team members providing clear direction and regular monitoring and feedback on performance.
  • Provide coaching and mentoring to individuals and ensures their ongoing learning and development.

Eligibility Criteria

Applicants must have:

• Master’s Degree, or equivalent in a quantitative field such as finance, statistics, mathematics, economics or related fields.
• University Degree and at least 5 year’s specialized experience relevant to the position can be considered.
• At least 10 year’s relevant experience in risk management and/or treasury and/or lending operations and hands-on experience in balance sheet liquidity risk management / asset liability management (ALM) with a commercial bank or multilateral development bank and international experience working in several countries
• In-depth understanding of multilateral financial institutions’ balance-sheet dynamics and ALM operations.
• Substantial knowledge of liquidity management and risk management as well as topical issues relevant for multilateral financial institutions.
• Proficiency with financial analytics and programming tools.
• Strong analytical skills and strategic thinking.
• Excellent written and verbal communication skills in English.

How to Apply

Applicants must submit their applications through online process.

For more information, visit ADB.