Senior Risk Management Assistant at Asian Development Bank

Manila, Metro Manila, Philippines -

Full Time

Start Date

Immediate

Expiry Date

04 Jun, 26

Salary

0.0

Posted On

06 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Policy Development, Methodology Implementation, Country Risk Analysis, Sovereign Risk Analysis, Data Collection, Statistical Analysis, Economic Research, Rating Model Running, Data Maintenance, External Data Processing, Rating Action Monitoring, Report Formatting, Proofreading, Spreadsheet Proficiency, Database Applications

Industry

International Trade and Development

Description

Join Our Mission to Foster Prosperity in Asia Are you ready to make a difference in 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 Senior Risk Management Assistant is assigned to the Risk Policy and Architecture Division within the Office of Risk Management. You will be based at our Headquarters in Manila, Philippines. You will report to designated International Staff and Officer. Your Role As a Senior Risk Management Assistant, you will provide support in the development, implementation, and maintenance of policies, methodologies, and procedures for assessing country and sovereign risk. You will: A. Country and Sovereign Risk Analysis Help with the development, implementation and maintenance of methods, tools, analytics, and procedures for a structured country and sovereign risk analysis process. Support ADB's ratings process by performing data and information collection, preparing peer group comparisons, running the sovereign rating model, providing exposure data for assessing sovereign risk, conducting ad hoc research for rating assignments, and performing report formatting and proof reading. Maintain and update datasets and spreadsheet statistics to summarize information that is produced within and outside ADB. This includes downloading and processing external data. Perform daily monitoring of rating actions from international rating agencies on ADB's developing member countries, promptly alerts team members' document rating actions and their rationale on a monthly basis ahead of the production of the monthly country ratings matrix. Help review relevant country and sovereign policies and guidelines including performing research and data collection tasks. Help produce monthly country ratings matrix. Respond to requests for external rating reports. B. Policy & Architecture· Help develop and implement policies, processes, methods and tools for identifying, measuring, and managing risk. Help with special projects to meet risk management requirements. Contribute to the review of policies and proposals from other departments from a risk perspective. C. Others Ensure office filing systems and records are maintained and updated following existing framework for easy retrieval. Perform other tasks as assigned and reflected in the workplan. You will need: Bachelor's degree in Economics, Finance or in Statistics/Econometrics. At least 5 years of relevant work experience in related fields, with experience in economic research, statistical analysis, climate change studies, and sovereign and country risk analysis. Good knowledge and understanding of macroeconomic statistics (national accounts, balance of payments, monetary and banking statistics, public and external debt statistics), along with along with working knowledge of macroeconomic and development trends in the region. Familiarity with data sources, official country statistics, and analytical tools commonly used in sovereign/country risk analysis. Proficiency in using spreadsheets and database applications, such as Haver, CEIC Data, Data stream, Macro bond, or similar tools. Written and verbal proficiency in English. Please refer to the link for ADB Competency Framework for TL2. Benefits ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience. Retirement plan (if applicable) Medical and health benefits Paid leave (including parental) Life and other insurance plans Staff development Additional Information This appointment is open to internal and external applicants. This is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period, this appointment may, at the option of ADB, be extended once for up to 2 years, converted to a regular appointment, or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staff’s particular blend of skills and experience in the foreseeable future; and (b) Staff’s performance is satisfactory and they are suitable for further employment. About Us ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is headquartered in Manila and owned by 69 members—50 from the region. ADB only hires nationals of its 69 members. To view ADB Organizational Chart, please click here. 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. Visit ADB Careers FAQ for more information. #LI-Onsite

Responsibilities

The role involves supporting the development, implementation, and maintenance of policies, methodologies, and procedures for assessing country and sovereign risk within the Office of Risk Management. Key tasks include performing data collection, running sovereign rating models, monitoring rating actions, and assisting in the production of the monthly country ratings matrix.