Senior Financial Sector Specialist

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Description

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As a Senior Financial Sector Specialist, you will oversee the formulation and articulation of finance sector policy and strategies, engaging Developing Member Country (DMC) governments in policy dialogue, conducting ADB’s activities to support finance sector policy and reforms, lead and support financial sector operations, engage in knowledge production and dissemination, and undertake other tasks in South Asia and Central West Asia. The Specialist will assist the Director in overseeing the finance sector workstream and help coordinate and respond to strategic initiatives in the bank, as well as undertaking operational reviews and assessments. The position will support collaboration with ADB’s regional and non-sovereign operations departments to accelerate the four shifts in ADB’s New Operating Model—realizing ADB’s ambition to be the region’s climate bank; catalyzing private sector development; delivering holistic, knowledge-driven, innovative, and integrated solutions; and modernizing ADB’s approach to work by becoming more efficient, agile, and collaborative.

• Oversee and support the development of strategies for the finance sector in DMCs, covering areas such as banking sector, non-bank financial institutions, contractual savings, capital markets, financial infrastructure, financial governance, project finance, public-private partnerships, digital finance, housing finance, municipal finance, among others, in consultation with relevant government agencies and Resident Missions (RMs).
• Lead lending operations in the finance sector in a variety of modalities including policy-based lending, financial intermediary lending, sector development program and contingent disaster financing.
• Propose, develop, oversee, supervise, and support innovative projects and TAs in the finance sector and related operations on private sector development.
• Lead and support knowledge production and dissemination.
• Coordinate across ADB, especially with the Private Sector Operations Department (PSOD) to achieve a “one ADB” approach to incorporating international good practices and new innovations in finance sector development.
• Support the Financial Sector to interface, coordinate, and respond to other departments and offices on operational reviews and evaluations, strategic and procedural issues, development coordination, and other activities.
• Lead and support the preparation of Country Partnership Strategies (CPSs) and Country Operations Business Plans (COBPs), as needed.
• Maintain communications with and represents the Financial Sector in meetings with senior level government staff within the finance sector.
• Lead and support regional financial cooperation in CAREC, subregional cooperation groups, and other regional fora.
• Participate in external conferences and events and serves as a liaison to industry standard setting bodies.
• Coach and mentor teams and individuals within the Financial Sector, and across the department as necessary to ensure their on-going learning and development.
• Take other responsibilities and perform other tasks needed by the Financial Sector, the Solutions Group, and ADB.

Qualifications:

• Master’s Degree, or equivalent, in Finance, Economics, or related fields. A university degree in related fields and at least 5 years specialized experience relevant to the position may be considered in lieu of a Master’s degree.
• At least 10 years of relevant professional experience in finance sector development, with good knowledge of the South Asia and Central West Asia regions and international experience working in several countries. Direct work experience in South Asian or Central West Asian is an advantage.
• Experience in emerging areas of finance, such as sustainable and climate financing, is a plus.
• Ability to steer ideas and projects to improve linkages between finance sector development, investment, and financial inclusion.
• Significant expertise within a specific area of ADB’s operations (finance sector), or breadth across multiple areas with in-depth knowledge within one area.
• Expertise with recognized ability to lead projects and to share knowledge to benefit the broader ADB community.
• Ability to perform effectively as a mission leader or team leader; proficiency in supervision, coordination, and planning responsibilities over multi-disciplinary team/unit.
• Ability to effectively mentor and coach team members.
• High level of maturity and ability to serve as an effective Officer-in-Charge when required.
• Excellent oral and written communication skills in English.
• Excellent capabilities in relationship management, strong client and impact orientation, effective communication skills, strong problem solving and solution-oriented approaches, strong ability for collaboration and teamwork, and a high degree of responsiveness and reliability.

Source:  https://www.adb.org/careers/240131

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