As a Senior Risk Management Officer, you will (i) assess country and sovereign risk from a lender’s perspective; (ii) work with departments across organization lines to synthesize relevant information leading to the rating of sovereign creditworthiness; (iii) assess the strength of financial systems and systemic risk from a sovereign perspective; (iv) support the risk assessment of public and private nonsovereign borrowers by providing assessments of industry, sector and regulatory risk; (v) enhance the methodology and process for country and sovereign risk assessment; and (vi) work within general policies, principles and goals, working directly with clients.

You will:

A. Sovereign and Country Risk Assessment

• Undertake ADB´s sovereign risk assessments and related due diligence.
• Monitor the credit quality of ADB´s sovereign borrowers and sovereign portfolio.
• Analyze relevant macroeconomic and industry trends.
• Enhance methods, tools, and procedures for sovereign risk analysis and monitoring.
• Enhance the procedures for industry, sector, and regulatory risk analysis.
• Enhance the procedures for financial sector stability assessments.
• Undertake periodic and ad hoc preparation of risk outlooks relevant for ADB’s management and for external consumption.
• Liaise with ADB’s research and operations departments to leverage internal information relevant for assessments of country, sector, and industry risk.
• Review policy and transaction proposals prepared by other departments with regard to country, sector, and industry risk.
• Other tasks include:
• Conduct briefings to senior Management and Board;
• Lead special projects to meet risk management requirements;
• Provide guidance on country and sovereign risk management matters;
• Use various analytic, quantitative, and qualitative methods in working on the above.

B. Policy and Systems

• Participate in the development, implementation and maintenance of best practice policies, methodologies, and systems for identification, measurement, mitigation, and management of the risk in ADB’s lending and treasury operations.
• Support the production of the quarterly Risk Management Report.
• Support the development, implementation and maintenance of methods and tools for a structured credit risk analysis process, and capital requirement.
• Support the interaction with international rating agencies.
• Interpret policies and provides guidance to staff on risk management matters.

C. Nonsovereign Risk Assessment

• Support the assessment of the nonsovereign portfolio and borrower credit quality by providing assessments of industry, sector, and regulatory risk.
• Undertake the assignment of Banking Industry Country Ratings, cooperating with relevant parts of ADB.

D. Knowledge Sharing

• Remain abreast of new developments relating to risk within the financial industry, including regulatory environment, rating agencies, and theoretical disciplines.
• Support the maintenance of relationships with other multilateral development banks in order to share information on policies, and methodologies used for country and sovereign risk assessment.
• Maintain knowledge of emerging best practices and standards in risk management.
• Support in organizing and conducting training to promote a risk culture in ADB.

Qualifications

You will need:

• Bachelor’s degree in economics, finance or related field, preferably with Master’s Degree or equivalent.
• At least 8 years of experience working with country and sovereign risk analysis and/or relevant related areas, in a similar setting e.g., international financial institution, credit ratings agency, international bank, export credit agency, credit insurance provider or other similar institution, with at least 4 years of supervisory experience
• Deep analytical capacity, including experience with analytical tools.
• Strong verbal and written communication skills in English.
• Good understanding and experience in both quantitative and qualitative methods for sovereign and country risk analysis, and financial sector stability analysis.
• Ability to work in a multicultural and highly flexible team environment that relies heavily on cross-functional interaction.
• Strong project management and execution skills, including the ability to effectively drive complex, multifaceted matters to conclusion in an aggressive timeframe.
• Good computer skills with sound knowledge of common word-processing, spreadsheets, power point, graphics software used within ADB. Proficiency in using spreadsheets, statistical/econometric software and database applications.
• Please refer to the link for ADB Competency Framework for National Staff Level 3/4.