Risk Management Officer

Overview

Join ADB as a Risk Management Officer to validate valuations and analyze financial reports.

You have:

• Experience in derivatives valuation required.
• Background in collateral management operations preferred.
• Knowledge of counterparty credit risk reporting is advantageous.
• Ability to analyze mark-to-market changes.
• Experience with financial reporting is beneficial.
• Familiarity with operational issue resolution is beneficial.

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

While the position of Risk Management Officer resides with the Treasury and Liquidity Risk Division (RMTL) within the Office of Risk Management (ORM), you will be strategically assigned to the Thailand Resident Mission (TRM) based in Bangkok, Thailand.

You will report to designated International Staff and Senior Officer.

Your Role

As a Risk Management Officer, you will validate daily end-of-day valuations of ADB's swap portfolio, including market data verification, analysis of mark-to-market changes, and review of relevant reports. On a monthly basis, the valuations of the swaps and borrowings portfolios are analyzed and validated for purposes of financial reporting. You will verify collateral balances, review counterparty exposure reports, analyze margin call disputes, and collaborate with the external collateral manager and custodians to resolve operational issues. You will review affirmed trades with counterparties and validate trade details in the valuation system for exotic derivatives. You will contribute to organizational resiliency efforts by implementing back-up mechanisms and established business contingency plans.

You will:

A. Derivatives Valuation

B. Collateral Management Operations and Counterparty Credit Risk Reporting

C. Trade Affirmation and System Set up

D. Organizational Resiliency

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

This opening is a local staff position. It is open only to nationals and residents of Thailand.

This is a fixed term appointment with option to renew for an initial period of three (3) years following Section 3.1 (b) of Administrative Order No. 2.01 (Recruitment and Appointment). This appointment is not convertible to a regular appointment. At the end of the initial period, this appointment may be renewed for a period of up to three years or not renewed. There is no limit on the number of renewals. This appointment is open to internal and external applicants.

This is a re-advertisement. If you have previously applied, you do not need to resubmit an application. Applications received in response to the previous posting will be considered together with applications received in response to this advertisement.

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 our Strategy 2030.

ADB only hires nationals of its 69 members.

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ADB wants 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 1 year ago - Updated 11 months ago - Source: adb.org