Senior Disaster Risk Financing Specialist

As a (Senior) Disaster Risk Financing Specialist, you will lead and promote the implementation of ADB’s policy and action plan pertaining to disaster risk management (DRM) and ensure bank-wide implementation of ADB’s DRM approach. You will provide specific advice, expertise, and technical support to make the economic case for risk-informed investments and the design of better investment planning and financing strategies for disaster risk management. This covers both ADB’s own ex ante and ex post disaster risk financing (DRF) instruments as well as an advisory function towards Developing Member Countries (DMCs) in terms of developing DRF strategies and instruments, justifying risk-informed investments, promoting the enabling environment and improving public financial management in emergencies.

You will:

Policies, Strategies, and Instruments:

• Lead the analysis of the status and development of fiscal risks from natural hazards including those aggravated by climate change in ADB’s developing member countries (DMCs)
• Monitor the status of government liabilities and the status and development of disaster risk financing strategies and instruments in ADB’s DMCs
• Provide technical inputs to ensure that disaster and climate resilience considerations based on a risk-layered approach towards disaster risk financing are incorporated in ADB’s country partnership strategies.
• Monitor the performance of ADB’s ex-post and ex-ante DRF instruments (e.g., Contingent Disaster Financing and Emergency Assistance Loans) and participate in the development of new or the enhancement of existing DRF instruments
• Develop relationships with technical disaster risk financing teams of key development partners and monitor any policy or practice changes that could impact the effectiveness of ADB’s instruments
• Monitor the status and development of relevant international funding facilities and instruments and build relationships

Operational Advice and Support:

• Contribute to the strengthening of disaster risk knowledge and the promotion of risk-informed decision-making at national and local levels through ADB projects
• Promote and demonstrate the effectiveness of investments in disaster risk reduction at the level of individual DMCs
• Promote and demonstrate the effectiveness and efficiency of a risk-layered approach to financial preparedness at the level of individual DMCs
• Identify regulatory, operational, financial, technical and institutional gaps for effective disaster risk financing, investments in disaster risk reduction and associated public financial management capacity in selected DMCs
• Provide technical support to operations departments for developing country and sector disaster risk financing approaches and strategies as relevant
• Provide technical support to operations departments for developing country and sector funding mechanisms for disaster risk reduction
• Advise operational departments on the development of disaster risk financing projects and instruments and manage technical assistance projects as required
• Advise operational departments on the development of technical assistance projects to strengthen public financial management capacity in relation to a) risk reduction and b) post-disaster operations and manage technical assistance projects as required
• Provide technical inputs to operations departments in processing and implementing post disaster emergency assistance and conduct focused reviews of the public financial management of post-disaster assistance as required.
• Provide support to senior management and the Board of Directors on DRM and DRF issues, including preparation of briefing notes and presentation materials, as requested.

Mobilizing and Managing DRM finance:

• Support operations departments to access internal resources for DRM and DRF.
• Contribute to efforts to mobilize external resources for DRF and to establish and implement trust and special funds.

Knowledge Generation and Sharing:

• Contribute to the development and promotion of regional and sub-regional tools and best practices on disaster risk financing and guidelines for designing and implementing associated ADB projects.
• Lead the identification of best practices and sharing of knowledge solutions within ADB, with ADB’s developing member countries, and multilateral and bilateral development partners in the field of disaster risk financing.
• Promote regional policy dialogue and knowledge exchange of DRF in Asia with support from the DRF Forum.
• Conduct DRM awareness training and capacity development programs for staff, executing agencies of developing member countries, and other concerned parties.
• Actively participate in external DRM networks and global and regional partnerships and inter-agency relations and contribute to external knowledge sharing and harmonization efforts through conferences, external publications, and other knowledge products.

Supervising staff:

• Provide leadership, supervision, and support to reporting staff.
• Ensure the ongoing learning and development of reporting staff.

Others:

• Leads, coordinates, supports and/or handles ad hoc assignments as assigned.

Qualifications:

You will need:

• Master’s degree, or equivalent in economics or finance. Alternatively, university degree and at least 5 years specialized experience relevant to the position can be considered.
• At least 8 years of professional experience in disaster risk financing/public financial management with a proven track record of working with government (Ministries of Finance and other relevant sectors), including at the international level and with knowledge of the Asia-Pacific region.
• (For internal candidates) Two years of relevant experience outside ADB within the past five years is required. Years as an ADB-engaged consultant or contractor are considered experience outside of ADB.
• Excellent written and verbal communication skills in English.
• Familiarity with DRM operations, policies, and procedures of multilateral financial institutions, a strong international DRF network, and experience in processing and implementation of investment projects would be an advantage.
• International experience working in several countries.
• Experience working in a developing country (outside the country of origin) would be an advantage

Source: https://www.adb.org/careers/240390