Risk Management Specialist

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Description

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• Supports development and implementation of an integrated climate risk management framework with focus on credit and market risk. Develops and implements necessary processes and tools.
• Performs data management and manages and implements processes and systems required for monitoring and evaluation of financial risk exposure to climate change.
• Models climate scenarios analysis and stress tests.
• Assesses and reports the impact of climate change on ADB’s balance sheet and operations (sovereign, nonsovereign and treasury portfolios).
• Contributes to external reporting on climate change risks to ADB’s financial standing.
• Supports drafting of climate-related disclosure reports.
• Supports activities related to ADB’s interdepartmental working groups involved in climate change and climate risk.
• Supports application and implementation of sustainability and ESG frameworks for sovereign and nonsovereign operations.
• Engages with ADB Management on a regular basis.

• Enhances methodologies, tools, and processes for financial risk assessment.
• Liaises with research and operations departments to synthesize information required for assessments of financed entities.

• Supports development, implementation and monitoring of policies, processes, methods and tools for identification, measurement, and management of risk.
• Reviews from a risk perspective policies and proposals prepared by other departments.

• Maintains knowledge of emerging best practices and standards in risk management.
• Provides support in organizing and conducting training to promote an appropriate risk culture in ADB.

• Supervises the performance of reporting staff, providing clear direction and regular monitoring and feedback on performance.
• Ensures the on-going learning and development of reporting staff.

• A University degree in finance, economics or related field; preferably at post-graduate level or its equivalent.
• At least 6 years of relevant international experience in a similar setting e.g., international bank, banking regulator, international financial institution, investment management firm, or other similar institution.
• International experience working in several countries.
• In depth understanding and practical experience of quantitative and qualitative methods for analysis of climate change risk and financial risk
• In depth understanding and practical experience with climate-related disclosure standards and reporting frameworks.
• Excellent verbal and written communication skills in English.

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