Associate Risk Management Officer

You will need:

• Bachelors degree in business finance banking economics accounting or related fields; preferably with advanced training.
• At least 5 years of relevant professional experience in risk management.
• Demonstrated experience and understanding of industry best-practice operational risk management tools and techniques.
• Understanding of change risk management including system and business change / projects across a development banks portfolio.
• Written and verbal proficiency in English.
• Demonstrated relationship management and collaboration skills.
• Please refer to the link for ADB Competency Framework for TL4.

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
• 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.

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

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 Associate Risk Management Officer is assigned to the Operational Risk and Risk Governance Unit (RMOD-OGU) within the Office of Risk Management. You will be based at our Headquarters in Manila Philippines.

You will report to Advisor RMOD & Head Operational Risk & Risk Governance Unit or designated technical international staff.

Your Role

As an Associate Risk Management Officer you will help implement the operational risk management framework for departments managing Third Party Resilience and Technology Change Management risks (included within the Process Execution Operational Resilience and Vendor risk domains). You will collaborate with these departments to ensure required controls are in place and aligned with ADBs developmental impact goals. You will train stakeholders on updating the Operational Risk Management tool (OpRiM) and generating management reports while supporting them in mitigating issues and identifying root causes of incidents. From a broader perspective your role contributes to strengthening ADBs organizational resilience and enhancing risk management for both external and internal change.

You will:

a. Strategic Management

• Ensure that stakeholders managing Third Party Resilience Process Execution and Technology Change risks understand and comply with ADBs operational risk management framework. Foster a motivated and productive team culture consistent with ADBs values.

b. Operational Risk Management

• Implement the Operational Risk Framework across departments managing Third Party Resilience Process Execution and Technology Change risks. Ensure risks are identified appropriate controls agreed and tested and any mitigation actions monitored through the OpRiM tool with progress promptly reported to management.
• Ensure that any material events / incidents are reported in the operational loss database (including near misses).

c. Risk Governance and Reporting

• Prepare documents relating to risk management of Third Parties Resilience and Process Execution and Technology Change for relevant governance meetings.
• Collaborate with relevant multilateral organizations and educational institutions to share industry best practices.
• Review all communications and provide comments on any risks not identified in the areas of Third Parties Resilience and Process Execution and Technology change.

d. Institutional Coordination

• Coordinate with departments managing Third Party Resilience and Change Management risks along with risk domain Subject Matter Experts (SMEs) to embed operational risk into ADBs culture. Stay informed of departmental changes and collaborate with stakeholders to complete change risk assessments.

e. Policy and Methodology

• Review amended and revised policies and practices and provide feedback on whether they are fit for purpose.
• Work with your risk domain SMEs to develop Risk Appetite statements metrics and key performance indicator / key risk indicator for Process Execution Change and Vendor aligned with industry best practice and the ADB vision.