Principal Financial Sector Specialist

Oversee finance sector policies and strategies for South Asia and Central West Asia

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Application deadline 2 years ago: Tuesday 17 Oct 2023 at 12:00 UTC

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Overview

Oversee finance sector policies and strategies for South Asia and Central West Asia

You have:

  • 5-10 years of relevant work experience in finance and policy development.
  • Experience in engaging with government stakeholders in policy dialogue.
  • Strong understanding of financial markets and systems in developing countries.
  • Proven skills in managing projects and cross-functional teams.
  • Advanced degree in finance, economics, or related field.

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.

This Principal Financial Sector Specialist is assigned to the Finance Sector Office (SG-FIN) within the Sectors Group established to deliver impactful sector policy dialogues, initiatives, and solutions that advance ADB’s strategic agenda in the region and with ADB’s clients. The Sectors Group will have three responsibilities: (i) conceptualize, process, and administer financial and technical assistance (TA) operations; and deliver knowledge services to clients; (ii) support resident missions in their country engagement, lead technical work on sector diagnostics and country sector road maps, and contribute to business development efforts, and (iii) ensure ADB’s technical leadership externally and internally.

The Sectors Group will have seven sector offices (i) agriculture, food, nature, and rural development; (ii) energy; (iii) finance; (iv) human and social development, covering health, education, and the social development agenda; (v) public sector management and governance; (vi) transport; and (vii) water and urban development.

The Principal Financial Sector Specialist is responsible for maintaining client relations and delivering ADB assistance to countries in the South Asias and Centra West Asian regions. The incumbent will be involved in policy development and dialogue; knowledge management; sector analytic work; loan, grant and technical assistance processing and administration; quality assurance; portfolio management, and other related work in the financial sector in the South Asian and Central West Asian countries.

To view ADB Organizational Chart, please click here.

Job Purpose

The Principal Financial Sector Specialist is expected to oversee the formulation and articulation of finance sector policy and strategies, engaging Developing Member Country (DMC) governments in policy dialogue, conducting ADB’s activities to support finance sector policy and reforms, lead and support financial sector operations, engage in knowledge production and dissemination, and undertake other tasks in South Asia and Central West Asia. The Specialist will assist the Director in overseeing the finance sector workstream and help coordinate and respond to strategic initiatives in the bank, as well as undertaking operational reviews and assessments. The incumbent will support collaboration with ADB’s regional and non-sovereign operations departments to accelerate the four shifts in ADB’s New Operating Model—realizing ADB’s ambition to be the region’s climate bank; catalyzing private sector development; delivering holistic, knowledge-driven, innovative, and integrated solutions; and modernizing ADB’s approach to work by becoming more efficient, agile, and collaborative.

The Principal Financial Sector Specialist will report to the Director, Finance Sector Office, and may supervise National Staff and Administrative Staff.

Responsibilities

Qualifications

Relevant Experience & Requirements

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.

Potential interview questions

Can you share an experience when you successfully engaged government stakeholders in a dialogue about financial policies? This question examines your communication and negotiation skills with key stakeholders. Provide a concise example that highlights your role, the challenges faced, and the outcomes achieved.
Describe a time you managed a team during a complex project in the finance sector. The interviewer wants to understand your leadership style and project management capabilities. Pro members can see the explanation.
Added 2 years ago - Updated 1 year ago - Source: adb.org