Employment

1. JOB PURPOSE:

Lead the formulation and articulation of financial sector policy and strategies particularly relevant for capitall market or commercial banking, engaging member countries’ governments in policy dialogue, and conducting ADB’s activities to support sector policy and reforms. Lead in identifying, developing, implementing and administering loans, Technical Assistance (TAs) projects, and non-lending products and services (NLPS) in the financial sector. Work within general policies, principles and goals, working directly with clients.

2. EXPECTED OUTCOMES:

1. Strategy and Planning

• Lead the development of policy and strategies for the financial sector in developing member countries (DMCs) covering areas such as banking systems, capital markets and funds, pensions, insurance, social security, contractual savings, among others, in consultation with relevant government agencies and Resident Missions (RMs).
• Lead dialogue with government officials on financial sector policy.
• Participate in country teams and provide sector inputs for Country Partnership Strategies (CPSs).
• Lead and conduct economic, thematic and sector work related to policy, legal and regulatory as well as institutional framework for the financial sector in the context of sustainable economic development and poverty reduction.
• Coordinate with RMs for consistency of approach, exchange of experiences, and continuous improvement of practices and integration of financial sector policy commitments to the management of projects.
  
  

2. Project Management

• Lead in the development, processing and administration of loan and TA projects in the financial sector possibly with moderate to high levels of risk and complexity.
• Liaise with and coordinate with development agencies on program loans and investment projects.
• Ensure key technical, economic, financial and crosscutting issues are incorporated into projects.
  

3. Knowledge Sharing

• Develop and maintain a suitable network in the financial sector to keep abreast of the latest developments and issues.
• Substantially contribute to activities for advocacy, dissemination and knowledge building around financial sector issues.
  
  

4. Staff Supervision

• Take the role of mission leader and supervise the work of mission members.
• 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.
  
  

3. EDUCATION REQUIREMENTS:

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

4. RELEVANT EXPERIENCE AND OTHER REQUIREMENTS:

• Suitability to undertake the responsibilities mentioned above at the required level
• At least 10 years of relevant professional experience in the financial sector, particularly in capital market development and reforms as well as in project administration, and commercial banking
• Excellent oral and written communication skills in English
• International experience working in development in several countries
  

5. CORE COMPETENCIES:

Technical Knowledge and Skills
- Able to apply technical skills in a team leadership role to resolve and manage complex issues in relation to financial sector policy and poverty reduction
- Able to apply advanced technical knowledge, skills and expertise in the financial sector
- Able to use technical expertise to advise and support Country teams and DMCs in developing policy, and in project design

Client Orientation
- Has a high level of understanding of the needs of key clients in DMCs (e.g., government agencies, private sector parties, non-government organizations)
- Applies highly developed skills to support internal and external client groups
- Seeks feedback from stakeholders on the quality of service and effectiveness of support provided

Achieving Results
- Focuses on achieving work-related deadlines to meet the expected results of the Division
- Regularly monitors the progress of work assignments to ensure performance targets are met on time
- Prioritizes work to ensure expected results are achieved

Working Together
- Develops the team working skills of direct reports
- Motivates the team to work effectively together and with others outside the team
- Works cooperatively with others to resolve difficulties and conflicts in relation to priority areas and strategies

Learning and Knowledge Sharing
- Develops innovative processes with staff for knowledge and information sharing
- Empowers staff under supervision to make continuous improvements
- Encourages the team to share their learning and knowledge

6. IMMEDIATE REPORTING RELATIONSHIPS:

The position reports to: Director

The following staff positions report to the Financial Sector Specialist (Capital Market, Commercial Banking):National Officers and Administrative Staff

7. 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-PS09-203(2) and job title on subject line and attaching application form to email address PS-jobs@adb.org

International experience will be taken into consideration.

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.