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Title: Financial Sector Specialist
Department/Division: Central and West Asia Department (CWRD) / Governance, Finance and Trade Division (CWGF)

1. IMMEDIATE REPORTING RELATIONSHIPS:

The position reports to: Director of the Division

The following staff positions report to the Financial Sector Specialist:
National Officers and Administrative Staff

2. JOB PURPOSE:

Identify, develop, and implement policy-based investment loans and Technical Assistance (TAs) projects in the financial sector. Contribute to the development of financial sector policy reviews and roadmap studies in Developing Member Countries (DMCs). Work with broad policies and objectives, having freedom to work with clients, with supervision for critical tasks.

3. EXPECTED OUTCOMES:
  1. Strategy and Planning
  • Provide information and analyses towards the development of policy and strategies for the financial sector in DMCs covering areas such as banking systems, capital markets and funds, insurance, pensions and other contractual savings, among others, in consultation with relevant government agencies and Resident Missions (RMs).
  • Contribute information and analyses to interdepartmental working groups on the financial sector.
  1. Project Management
  • Undertake the development, processing and administration of investment lending and TA projects, and support the preparation of policy-based lending operations in the financial sector.
  • Identify opportunities for ADB assistance projects in the financial sector in DMCs.
  • Integrate ADB’s policies and guidelines in the design and implementation of financial sector projects.
  • Provide advice to executing agencies on project preparation and implementation.
  1. Knowledge Sharing
  • Participate in and contribute to internal and external training and conferences on the financial sector and other activities for advocacy, dissemination and knowledge building.
  1. Staff Supervision
  • Provide leadership and support to reporting staff.
  • Supervise the performance of reporting staff, providing clear direction and regular monitoring and feedback on performance.
  • Ensure the on-going learning and development of reporting staff.

4. CORE COMPETENCIES:

Technical Knowledge and Skills

  • Able to lead others to solve complex problems using technical knowledge and skills in relation to financial sector policy and development
  • Applies a high level of technical expertise in work in the financial sector
  • Uses technical expertise to advise and support Country teams and DMCs in developing policy, and in project design.


Client Orientation

  • Focuses own and other efforts on understanding and meeting client needs in DMCs (e.g. government agencies, private sector parties, NGOs).
  • Able to work effectively with clients
  • Seeks feedback on the quality of service and makes improvements

Achieving Results

  • Ensures own work contributes to achieving organizational results
  • Regularly reviews progress to ensure work is on target
  • Prioritizes own and others’ work to achieve key results areas

Working Together

  • Develops the team skills of team members
  • Encourages cooperation within and between teams and promotes the value of diversity in teams, such as in different views, culture, nationality, and gender
  • Facilitates conflict resolution within the team

Learning and Knowledge Sharing

  • Helps staff to find a variety of ways to learn and develop
  • Empowers staff to make improvements
  • Encourages the team to learn from each other

5. KEY RELATIONSHIPS:
a. Supervisor
  Director Work planning, performance feedback, results assessment, and personal development
b. External Clients
   Policy analyses and development, project development, implementation and monitoring, knowledge sharing and capacity development
c. Internal Clients
   Support for operations coordination, project management, knowledge and information sharing. Team and mission management

6. EDUCATION REQUIREMENTS:

A university degree in economics, finance, business administration or other related fields; preferably at post-graduate level or its equivalent

7. RELEVANT EXPERIENCE AND OTHER REQUIREMENTS:
  • Suitability to undertake the responsibilities mentioned above at the required level
  • At least 8 years of relevant professional experience in the financial sector and capital market development and reforms as well as in project administration
  • Excellent oral and written communication skills in English
  • International experience working in development in several countries

8. IMPORTANT INSTRUCTIONS:

Established in 1966 and headquartered in Manila, Philippines, ADB's multicultural staff come from over 50 member countries. ADB offers an internationally competitive salary paid in US dollars. Salaries and benefits are generally free of tax except for citizens of some countries, primarily the USA and the Philippines, whose incomes are taxed by their respective governments. While the position advertised is for the ADB Headquarters in Manila, Philippines, ADB staff must be prepared to serve in any location outside its Headquarters at the discretion of Management. Applicants must be nationals of one of ADB's member countries.

Apply electronically, quoting Ref. No. EXT-PS08-016(2)-CWGF and job title on subject line and attaching application form to email address PS-Jobs@adb.org.

Gender and cultural diversity is a core recruitment value and women are actively encouraged to apply.

Due to the volume of applications, ADB will not be able to respond to inquiries about application status and will only contact shortlisted candidates. Applications lacking the job reference number and job title or using the wrong e-mail address will not be considered.


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