Principal Financial Sector Specialist
Lead financial sector initiatives and promote regional cooperation.
Overview
Lead financial sector initiatives and promote regional cooperation.
You have:
- Minimum 10 years of relevant experience in financial sector development and project management.
- Strong knowledge of sustainable finance practices in the Asia-Pacific context.
- Proven ability to work effectively in a multi-cultural environment and engage with senior stakeholders.
- Experience in policy discussions related to financial cooperation and integration.
- Excellent communication skills, both written and spoken, in English.
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a lasting impact on the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.
Organizational Setting and Reporting Relationship
The position of Principal Financial Sector Specialist is assigned to the Office of the Chief Economist and Director General (EROD) within the Economic Research and Development Impact Department (ERDI). You will be based at our Headquarters in Manila, Philippines.
You will report to the Chief Economist and Director General and will oversee National Staff and Administrative Staff.
Your Role
As a Principal Financial Sector Specialist, you will: support regional financial cooperation and integration, particularly of the Association of Southeast Asian Nations (ASEAN) and ASEAN plus the People's Republic of China, Japan, and the Republic of Korea, known as ASEAN+3; work as the secretariat of the ASEAN+3 Asian Bond Markets Initiative (ABMI) and closely coordinate with the ministries of finance, the central banks, and financial regulators of ASEAN+3; support the ASEAN financial integration through capacity building of financial regulators and central banks; support the discussions under the ASEAN Capital Market Forum (ACMF) to develop ASEAN capital markets; collaborate with the Asia Pacific Financial Forum (APFF) under the Asia-Pacific Economic Cooperation (APEC) to foster regional financial cooperation; collaborate with the Executives' Meeting of East Asia-Pacific Central Banks (EMEAP) for regional financial stability; strengthen the financial sector, especially capital markets and sustainable finance, of developing member countries (DMCs); strengthen ADB's role as a knowledge provider, mainly for financial sector development and financial stability; strengthen the institutional capacity of DMCs, especially of the central banks and financial regulators; promote and share knowledge across the institution; and support operations of the Finance Sector in the Sectors Group and Private Sector Operations Department (PSOD) for financial sector development and regional cooperation. Taking a leadership role within the Financial Cooperation and Integration (FCI) team, the position encompasses working with complex policy issues and guiding others in resolving complex problems through policy discussions with relevant financial authorities.
You will:
Leadership and Strategic Management
Project Management
Knowledge Sharing
Regional Cooperation
Staff Supervision
Qualifications
You will need:
Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
Additional Information
ADB will be rolling out a new job grading structure on 1 January 2025, which may result in a change of the position grade and title with no change in the terms of reference. By proceeding with your application, you acknowledge and accept all changes resulting from the new job grading structure.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 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 69 members.
To view ADB Organizational Chart, please click here.
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.
Visit ADB Careers FAQ for more information.
Potential interview questions
| Can you describe a time when you successfully led a complex financial project? | This question assesses your leadership and project management skills. | Provide a brief overview of the project and your role, highlight key achievements, and discuss challenges overcome. |
| How do you approach building partnerships with finance ministries and regulatory bodies? | The interviewer is interested in your stakeholder engagement strategies. | Pro members can see the explanation. |
| What is your understanding of sustainable finance and its importance in the Asia-Pacific region? | Pro members can see the explanation. | Pro members can see the explanation. |
| Describe a situation where you had to resolve a conflict in a team setting. | Pro members can see the explanation. | Pro members can see the explanation. |
| What strategies do you use to stay updated on financial trends impacting the Asia-Pacific region? | Pro members can see the explanation. | Pro members can see the explanation. |