Senior Financial Sector Specialist

Finance & Economy

Overview

Oversee finance sector policy and strategy formulation, engage with DMCs, lead operations, and disseminate knowledge.

You have:

• Experience in formulating finance sector policy and strategies.
• Strong engagement in policy dialogue with Developing Member Country governments.
• Experience in leading financial sector projects.
• Knowledge of digital and sustainable finance trends.
• Ability to engage in knowledge production and dissemination.

IMPORTANT INFORMATION

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. Previous applicants need not apply. Applications received in response to previous posting will be considered together with applications received in response to this advertisement.

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 position is assigned to the Finance Sector Office (SG-FIN) within the Sectors Group (SG). SG aims to deliver impactful sector strategy, initiatives, and integrated solutions that advance ADB's strategic agenda in the region and with ADB's clients. The SG, which is comprised of seven sector offices, supports the delivery of sovereign, nonsovereign, and advisory operations; delivers knowledge services; supports regional departments (RD) and resident missions (RM) in engaging with developing member countries (DMCs); and ensures ADB's technical leadership externally and internally.

SG-FIN leads policy development and dialogue, knowledge management, project quality assurance, sector analytic work, and loan and technical assistance processing and administration in the finance sector including sustainable and climate finance. Key areas of focus are financial inclusion, capital markets and contractual savings, digital finance and innovation, and sustainable finance. Digital finance is an important driver of the rapidly changing finance sector landscape and supports ADB's innovation work, financial inclusion, and other tech-related applications, including climate change.

This position has been created as part of the Workforce Rebalancing Framework, which is a multiyear initiative (2022-2027) aimed at increasing in-house expertise in key operational areas that was previously sourced from consultants through ADB's technical assistance. The goal is to strengthen in-house expertise to enhance the quality of ADB's policy dialogue, operations, and knowledge solutions delivery by collaborating closely with DMC clients. Expected candidates are seasoned experts with strong field experience who can lead policy dialogue and project work with emphasis on providing knowledge solutions.

To view ADB Organizational Chart, please click here.

Job Purpose

The Senior 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 East Asia, the Pacific, and Southeast Asia.1 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 position 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 Senior Financial Sector Specialist will report to the Director, Finance Sector, 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.

Please note that the actual level and salary will be based on qualifications of the selected candidate.

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Potential interview questions

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