(Senior) Risk Management Specialist

Overview

Provide risk assessments and due diligence on private equity fund investments.

You have:

• Experience in risk assessment and valuation in private equity investments.
• Strong knowledge of transaction monitoring and compliance procedures.
• Ability to recommend risk mitigation measures for investment transactions.
• Proven experience in formulating policies and guidelines related to private equity investments.
• Capacity to supervise national and administrative staff.

IMPORTANT INFORMATION

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.

The position is assigned in the Credit Division 2 (RMCD2) within the Office of Risk Management (ORM). The Division provides advice on deal structuring and risk mitigation and provides credit decision and approval particularly for (i) corporate finance transactions and (ii) equity investments. ORM has a broad mandate and ensures that ADB’s Treasury, Sovereign, and Nonsovereign operations are sustainable by safeguarding ADB’s rating, advising Board and Management on risk issues, and implementing and promoting a strong internal risk culture

To view ADB Organizational Chart, please click here.

Job Purpose

The Senior Risk Management Specialist will (i) provide assessments and related due diligence work on ADB’s new private equity fund (“PEF”) investments and recommend appropriate risk mitigation measures and transaction structuring inputs including, but not limited to, alignment of interests, fund governance, portfolio models, key persons, and other terms and conditions of the transaction; (ii) monitor and review ADB's existing PEF investments with particular emphasis on conducting annual reviews, ensuring limit compliance, and reviewing waiver and amendment requests; and (iii) support the formulation of relevant ADB policies, guidelines and best practices on PEF investments and portfolio management.

The incumbent will report to Director, RMCD2 and may supervise national and administrative staff.

Responsibilities

a. Risk Assessment and Valuation

b. Transaction Monitoring

c. Others

Qualifications

Relevant Experience & Requirements

Please refer to link and link for ADB Competency Framework for International Staff Levels 4 and 5 respectively.

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.

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Potential interview questions

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