Financial Sector Specialist (2 positions)

Job Vacancy | Wednesday, August 30, 2023

IMPORTANT INFORMATION:

• Effective 1 September 2023, the term “Standard Fixed Term Appointment” is updated to “Fixed Term Appointment with Option to Regularize.”
• This change does not involve any modifications to the appointment terms.

Overview

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 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 68 members.

The position is assigned in the Finance Sector (SG-FIN), covering Central West and South Asia, within the Sector Group (SG). SG-FIN is responsible for policy development and dialogue, knowledge management, project quality assurance, sector analytic work, and loan and technical assistance processing and administration in the finance sector including sustainable and climate finance.

To view ADB Organizational Chart, please click here.

Job Purpose

The Financial Sector Specialist will provide technical inputs to support the development of financial sector policies in the context of poverty reduction, ensuring alignment with the overall financial sector strategy in consultation with relevant stakeholders within broad policies and objectives. Identify, develop, process and administer loan and technical assistance (TAs) projects and non-lending products and services in the financial sector, with particular focus on climate finance in Developing Member Countries (DMC), possibly with moderate levels of risk and complexity. The incumbent will report to Director SG-FIN covering Central West and South Asia and may supervise National Staff and Administrative Staff.

Responsibilities

• Provides information and analyses towards the development of policy and strategies for finance sector development in DMCs in consultation with relevant government agencies and Resident Missions.
• Contributes information and analyses for economic and sector work and interdepartmental working groups on finance sector.
• Provides inputs on financial products and regulatory frameworks for the finance sector including identifying entry points for private sector investments.
• Contributes as a team member to process loans including policy-based lending, financial intermediary loans and contingent disaster financing.
• Develops, processes and administers loan and TA projects in various finance subsectors.
• Participates in and contributes to internal and external training and conferences on climate finance, digital finance and other activities for advocacy, dissemination and knowledge building.
• Develops and maintains a suitable network on the finance sector including standard setting bodies and the private sector to keep abreast of new developments and issues.
• Provides leadership and supports to reporting staff including for their development.
• Performs other duties that may be assigned and reflected in the incumbent’s workplan.

Qualifications

Relevant Experience & Requirements

• A university degree in Finance, Economics, Business Administration or other related specialized fields, preferably at post-graduate level or its equivalent.
• At least 6 years’ relevant experience within the finance sector with exposure in full project cycle in a professional capacity.
• Ability to act as a team leader when required with supervision from the Director or a more senior team leader.
• Significant expertise within a specific area of ADB's operations, or breadth across multiple areas with in-depth knowledge within one area.
• Ability to mentor team members, providing guidance and advice on project or technical-related matters.
• Ability to coach team members to develop their capabilities/potential.
• Excellent oral and written communication skills in English including ability to interact with government counterparts in effective policy dialogue. The ability to speak another language used by a DMC in one of the two regions is an advantage.
• International experience working in development in several countries.
• Ability to work within a team including having interpersonal skills to work with others from different nationalities and cultural backgrounds is a requirement.
• Please refer to the link for ADB Competency Framework for International Staff Level 3.

General Considerations

The selected candidate, if new to ADB, is appointed for an initial term of 3 years.

ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s qualifications and experience.

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.

Please note that the actual level and salary will be based on qualifications of the selected candidate.

Apply for this Vacancy

Applications to vacancies are received through the ADB Career and Employment System (ACES). Applications should be submitted no later than 11:59PM, Manila time, on the specified closing date. Contact ADB Career and Employment System (ACES) if you need assistance.

출처: https://www.adb.org/careers/230564