Risk Management

JOB PURPOSE

The Office of Risk Management (ORM) independently identifies, measures, monitors, and manages all
credit, market, and operational risks taken on by ADB with responsibilities that include: Credit Risk
Assessment; Credit Portfolio Monitoring; Corporate Recovery; Policy, Systems, and Operational Risk; and
Market and Treasury Risk.

EXPECTED OUTCOMES

Risk Management: ORM seeks Risk professionals in the following areas:

(i) Credit Risk Assessment: Analyzes the risk of all new nonsovereign debt, guarantee, and equity
transactions. Conducts risk assessments and related due diligence to evaluate risk areas and
recommend appropriate risk mitigation measures; including input for the terms and conditions
of new transactions.
(ii) Credit Portfolio Monitoring: Assesses the risk profile of nonsovereign loans, guarantees, and
equity investments; reviews waiver and amendment requests; and evaluates exit
recommendations.
(iii) Corporate Recovery: Manages impaired debt, guarantee transactions, and nonperform¬ing
equity investments from identification to final resolution using industry best practice and the
most time and cost effective means.
(iv) Policy and Systems: Develops models, analytics, and IT systems for credit risk manage-ment of
nonsovereign transactions that includes rating tools, exposure limits, capital adequacy, and
pricing.
(v) Market and Treasury: Identifies, measures, and monitors the risks in the Treasury portfolio.
Identify, measure, and monitor credit risks in the investment and funding portfolios. Manage
collateral for swap transactions and calculate associated mark-to-market valuations.

Knowledge Sharing
 Maintain knowledge of emerging best practices, and new Basel standards in risk management.
 Provide support in organizing and conducting risk training to promote a risk culture in ADB.

Staff Supervision
 Provide leadership and support to reporting staff
 Supervise the performance of teams and individuals, providing clear direction and regular
monitoring and feedback on performance.
 Ensure the on-going learning and development of reporting staff.

EDUCATION REQUIREMENTS

Master’s Degree, or equivalent, in Finance, Business Administration, Economics or related fields; or

University degree and at least 5 years ADB work experience.
RELEVANT EXPERIENCE AND OTHER REQUIREMENTS

 Suitability to undertake the responsibilities mentioned above at the required level

 At least 10 years of relevant experience in an international bank, equity fund, or
multilateral/bilateral development organization, in risk management and investment appraisal
in areas involving direct or indirect equity investments in funds or pre-initial public offering (IPO)
situations.
 Exposure to financial institutions, project finance, corporate finance, structured finance,
derivatives and related banking activities highly welcomed.
 Excellent oral and written communication skills in English.
 International experience working in several countries.

CORE COMPETENCIES

Application of Technical Knowledge and Skills

 Provides supervision to others in completing their technical tasks
 Called upon for advice and guidance based on expertise gained by working in different countries
and organizations
 Contributes advanced knowledge and expertise to different parts of the Department

Client Orientation
 Proposes effective services and solutions to staff beyond presenting issues and past challenges
 Assists colleagues adapt to the cultural and business norms of diverse clients and country
situations
 Gains respect for the breadth and depth of expertise demonstrated in effectively managing
diverse clients and country situations
 Called upon to resolve client situations that may impact their long-term ADB relationship

Achieving Results and Problem Solving

 Resolves situations where client needs are not being met
 Shares past experiences from different projects, organizations, and countries to help achieve
quality results
 Ensures that thorough analysis includes current and relevant factors from different countries
and contexts
 Sought out for guidance and experience in overcoming the most challenging situations
 Draws on long-term relationships with stakeholders to help plan for and achieve results

Working Together
 Addresses team members not contributing to required standards
 Commits to delivering timely and high quality work to assist in the team’s success
 Develops and maintains good internal and external peer and senior level relationships
 Helps teams understand common features to build rapport and overcome challenges

Communication and Knowledge Sharing

 Provides stakeholders with the level and quality of information required to achieve outcomes
 Encourages others to seek long-term solutions to address feedback opposed to focusing on
immediate concerns or reactions
  Uses breath of multi-country and multi-client knowledge to equip clients and staff for more
effective outcomes
 Designs and implements project and program knowledge and services

Innovation and Change

 Consistently seeks more effective and practical ways for the Departmental delivery of services,
products, and processes
 Proposes new ways to improve the quality and relevance of products and services
 Includes the core benefits and reasons for change when developing comprehensive change roll
out plans
 Influences and persuades decision makers by presenting business cases supporting the
proposed changes

REPORTING RELATIONSHIPS
 Supervisor: Head, ORM or Designated Director in ORM
 The following staff positions report to the Risk Management Specialist:
o Administrative Staff
o National Staff
 Women are encouraged to apply.