Risk Management Officer

Overview

Provide analytical support and risk management insights for ADB's operations.

You have:

• Bachelor's degree in Economics, Finance, Accounting, or related field; a Certified Public Accountant (CPA), Chartered Financial Analyst (CFA) or MBA qualification would be advantageous.
• At least 8 years of experience in major commercial banks, consulting firms, or central bank prior to joining ADB; preferably in the areas of risk management.
• Familiarity with recent developments in risk management in large international banks and multilateral development banks.
• Strong analytical and creative problem-solving skills.
• Strong working knowledge of PowerPoint and Excel, as well as the ability to prepare effective presentations.
• Effective reporting-writing and communication skills in English.
• Ability to prioritize and multi-task under tight deadlines.

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 Risk Management Officer is assigned to the Operational Risk and Risk Governance Unit (RMOD-OGU) within the Office of Risk Management. You will be based at our Headquarters in Manila, Philippines. You will report to designated international staff.

Your Role

As a Risk Management Officer, you will provide analytical support to ORM in the areas of (i) preparing regular and ad hoc reporting and presentations to official governance committees and to other management and external parties (including but not limited to external rating agencies) which require risk analysis; (ii) addressing the information and analysis demands of governance forums such as the Risk Committee of the Bank and the Audit and Risk Committee of the Board; (iii) analyzing the impact of specific topical risk issues on ADB’s risk profile on request from the Head of ORM and ADB’s Board and Senior Management; and (iv) facilitating and coordinating within ORM requests for risk analysis from various stakeholders.

You will:

a. Risk Analysis and Reporting

• Contribute in the preparation of risk reporting and communication materials, including editing and development of presentations, Word reports and media materials. • Review various risk related materials issued by ORM to ensure consistency of contents and style with ADB’s internal guidelines. • Collaborate with other ORM teams as well as with other offices and departments of ADB to obtain adequate information from domain owners. • Maintain working relationships with relevant teams within ORM and with relevant counterparties in other departments to be aware of emerging risk trends and hot topics. • Monitor the news and information provided by specialized vendors to stay updated about the events that can cause changes in ADB’s risk profile. • Provide insights about the emerging trends affecting the ADB’s risk profile. • Understand ADB’s internal risk policies and procedures and be able to communicate those in the level of technical sophistication appropriate for the audience. • Review ORM inputs to incoming reports from both internal and external parties including ADB’s financial statements and Management Discussion and Analysis (MD&A). • Assist International Staff to prepare ad-hoc research and presentations on ADB’s risk profile to the Board, senior management, rating agencies, and other external stakeholders.

b. Knowledge Sharing

• Support preparation of internal ORM training materials to facilitate knowledge sharing. • Maintain knowledge of emerging best practices, new peer approaches, Basel standards and other international standards in operational risk management, risk reporting and risk governance.

c. Others • Perform other duties that may be assigned as reflected in the incumbent’s work plan.

Qualifications

You will need: • Bachelor’s degree in Economics, Finance, Accounting, or related field; a Certified Public Accountant (CPA), Chartered Financial Analyst (CFA) or MBA qualification would be advantageous. • At least 8 years of experience in major commercial banks, consulting firms, or central bank prior to joining ADB; preferably in the areas of risk management.

• Familiarity with recent developments in risk management in large international banks and multilateral development banks.

• Critical thinking in projecting the impact of various risk trends on ADB's risk profile. Strong analytical and creative problem-solving skills.

• Ability to apply context and technical understanding of the relevant risk topic and data to express the information in a way that is concise and easy to understand. • Strong working knowledge of PowerPoint and Excel, as well as the ability to prepare effective presentations. Sound knowledge of common word-processing and Bloomberg. Knowledge of Canva and PowerBI is an advantage. • Ablility to undertake analytical work on difficult but well-defined tasks, collect and organize data and information, and prepare notes, papers, presentations, and reports.

• Effective reporting-writing and communication skills in English.

• Ability to prioritize and multi-task under tight deadlines. • Please refer to the link for ADB Competency Framework for National Staff Level 1/2.

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.

· Paid leave (including parental)

· Medical and health benefits

· Life and other insurance plans

· Staff development

· Retirement plan

· Housing and education allowance (if applicable)

· Expatriate benefits (for international staff)

About Us

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.

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.

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Potential interview questions

Added 2 years ago - Updated 1 year ago - Source: adb.org