Senior Risk Management Officer

You will need:

• Bachelors degree in engineering finance economics accounting or other related fields Masters degree or equivalent is preferred.
• Professional certifications such as Certified Public Accountant Chartered Financial Analyst or Financial Risk Manager is desirable.
• At least 8 years experience in corporate or financial institution credit risk gained in a local or international bank preferably in a senior credit officer role; or in a major corporation rating agency equity fund or multilateral/bilateral development organization with exposure to risk management deal origination and investment appraisal; and at least 4 years of supervisory experience.
• Demonstrated skills in conducting Capital adequacy Asset quality Management Earnings Liquidity and Sensitivity to market risk (CAMEL) analysis for banks nonbank FIs insurance and leasing companies. Experience in regional FI sector analysis and in-depth knowledge of nuances of regulatory nonperforming loan classifications is desirable.
• Corporate financial analysis and structuring expertise.
• Corporate bank working product knowledge (e.g. Trade finance risk participations sponsor guarantees).
• Familiarity with industry best practices in corporate recovery and restructuring. Knowledge of relevant legal frameworks and bankruptcy laws is desirable.
• Experience in trade finance products and risk nuances associated with international trade finance operations in an international banks setting.
• Working knowledge of Basel and banking regulations.
• Substantial exposure to multiple sectors and with an extensive industry network preferably in Asia and the Pacific region.
• Written and verbal proficiency in English.
• Please refer to the link for ADB Competency Framework for TL6.

Benefits

ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADBs 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 Staffs particular blend of skills and experience in the foreseeable future; and (b) Staffs 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 members50 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.

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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 Officer is assigned to the Credit Division (RMCD) within the Office of Risk Management (ORM). You will be based at our Headquarters in Manila Philippines.

You will report to Director RMCD and designated technical international staff and will oversee junior team members.

Your Role

As a Senior Risk Management Officer you will conduct risk assessments and related due diligence work for ADBs nonsovereign operations transactions primarily loans and guarantees to Financial Institution (FI) counterparties including Commercial & Investment Banks Non-Bank Financial Institutions and Insurance Companies. You will also manage their own portfolio of transactions where you will conduct risk assessments and portfolio monitoring.

You will:

a. Risk Assessment

• Analyze the credit worthiness of FIs based on assessment of quantitative qualitative and macro factors and recommend appropriate exposure limits.
• Independently review assess write credit opinion and provide recommendations for key transaction risks covering inter alia sponsor reputation and structure risks in proposed financing transactions.
• Review Concept Clearance Paper Final Review Memorandum Report and Recommendation of the President Term Sheet Closing Certificate and other forms of transaction documents and internally produced write-ups.
• Draft Credit Notes and other forms of risk assessment reports for new and existing transactions. Assign and evaluate risk ratings.
• Provide advice and recommendations to origination teams on appropriate risk mitigation measures deal structuring risk adjusted pricing security and other commercial terms and financial covenants throughout the risk appraisal process.

b. Transaction Monitoring

• Independently review monitoring reports of nonsovereign FI debt and guarantee transactions and determine the appropriate frequency of the monitoring report based on the risk profile of the transaction and recommending appropriate ratings.
• Recommend approval for waivers amendments and consents related to proposed changes to loan covenants and terms and conditions in legal documents restructuring proposals for performing assets and all changes to the security package for previously approved transactions.
• Recommend appropriate risk mitigation measures (including covenants security and risk defeasance arrangements for FI loans or guarantees as applicable) to manage transaction risk; place higher-risk transactions on the Watch List; and recommend transfer of impaired transactions to ORMs Remedial Management Unit.

c. Others

• Participate in selected due diligence missions to ensure comprehensive risk assessment of the proposed transaction or conduct independent site visits if necessary.
• Perform special tasks assigned by Director RMCD to support ORMwide projects while also providing support to other divisions and units within ORM. Contribute to the planning of projects aimed at facilitating RMCDs growth and perform other credit risk management tasks as assigned and reflected in the work plan.