Associate Risk Management Coordinator

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Application deadline 4 months ago: Monday 8 Jan 2024 at 12:00 UTC

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IMPORTANT INFORMATION:

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 Credit Division 1 within the Office of Risk Management (ORM). The Division provides advice on deal structuring and risk mitigation and provides credit decision and approval particularly for financial institutions, and project finance transactions. ORM has a broad mandate and ensures that ADB’s Treasury, Sovereign, and Nonsovereign operations are sustainable by safeguarding ADB’s rating, advising Board and Management on risk issues, and implementing and promoting a strong internal risk culture.

To view ADB Organizational Chart, please click here.

Job Purpose

The Associate Risk Management Coordinator provides dedicated support for various coordination and logistical support tasks on nonsovereign operations / credit risk management related activities such as reporting, database management, system requirements, documentation, among others.

The incumbent will report to Director, RMCD1.

Responsibilities

· Works independently on all or a combination of the following transactions and/or clearly defined areas, depending on the assignment/instructions from supervisors (International Staff and/or senior National Staff):

• Assists in managing the daily operational activities of the credit divisions by streamlining work processes within the two divisions to improve consistency in approaches and practices, and in improving data management, reporting, and analytics. • Updates and maintains the credit division’s Trackers (Origination and Monitoring). • Provides information update to ORM’s data management team on transactions workflows received and completed in CreditLens. • Assists in generating regular and ad hoc reports, briefing notes, prepares presentations and other documents, as required. • Coordinates with partner departments/offices and stakeholders with respect to investment committee matters requiring ORM’s participation and action. • Assists in responding to queries related to business process for nonsovereign operations specifically on the credit approval process. • Assists in the planning and preparation of annual/mid-year budget estimates; support on Work program and budget framework. • Regularly monitors the implementation status of the credit division’s work program and budget utilization. Gathers data and provides analytical support for the preparation of the strategic staffing plan and annual workforce analysis. • Supports the credit division’s knowledge management activities, undertakes activities and other analytical requirements as assigned and reflected in the incumbent’s workplan. • Provides support related to ad hoc assignments and new initiatives as required. • Performs other tasks as assigned and as reflected in the incumbent’s work plan.

Qualifications

Relevant Experience & Requirements

• Bachelor’s degree in finance, business administration, communications, or related fields. • At least 5 years of relevant experience with knowledge of procedures and policies in a wide range of areas including credit approval process, budgeting, and general administration. • Proven ability to undertake research and analysis on difficult but well-defined tasks; collect and logically organize and present required data and information, prepare notes, briefing papers, and presentation materials. • Strong client management and interpersonal skills; • Good knowledge of word processing, graphics and other computer software; • Strong analytical thinking with ability to analyze relationships among several parts of a problem or situation; break down a complex task into manageable parts in a systematic way; recognize several likely causes of events or several consequences of actions and anticipate obstacles and think ahead about next steps; • Excellent written and verbal communication skills in English. • Please refer to the link for ADB Competency Framework for Administrative Staff Levels 6.

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.

Added 5 months ago - Updated 4 months ago - Source: adb.org