This is a re-advertisement. Previous applicants need not apply. Applications received in response to previous posting will be considered together with applications received in response to this advertisement.
Close relatives (Close relatives refer to spouse, children, mother, father, brother and sister, niece, nephew, aunt and uncle) of ADB staff, except spouses of international staff, are not eligible for recruitment and appointment to staff positions. Applicants are expected to disclose if they have any relative/s by consanguinity/blood, by adoption and/or by affinity/marriage presently employed in ADB.
Staff on probation are not eligible to apply. Applicants for promotion must have served at their position for at least one year and must have normally served at their personal level for at least two years immediately preceding the date of the vacancy closing date. Applicants for lateral transfer must have served at their position and personal level for at least one year immediately preceding the date of the vacancy closing date (reference A.O. 2.03, paragraphs 5.8 and 5.9).
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 of which are from Asia and the Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.
ADB only hires nationals of its 68 members.
The position is assigned in the Treasury Quantitative Analysis Unit within the Treasury Department (TD). TD performs a strategic role in efficiently planning, mobilizing, and managing ADB’s finances, with the view of protecting ADB’s solid financial standing to enable ADB to deliver on its developmental goals. TD raises funds from the capital markets and manages ADB’s liquidity investment portfolio. TD defines ADB’s asset and liability management (ALM) policies on liquidity income management, currency management, and loan pricing.
The Treasury Department Quantitative Analysis Unit (TDQA) is the focal point of ADB Treasury Department’s quantitative, systems support, and analytical needs. The unit is responsible for:(i) enhancing TD’s quantitative and analytical capacity including ALM and financial projection modelling; (ii) sharpening and supporting innovative and structured debt issuances and investments by ADB; and (iii) consolidating and improving TD’s information technology and data management capacity to support emerging requirements and innovations by other departments that affect treasury operations.
To view ADB Organizational Chart, please click here.
The Treasury Specialist is responsible for quantitative and analytical support to funding, investments, ALM, and Financial Policy business teams. The functions would include (i) sharpening and supporting innovative and structured debt issuance through pre-deal pricing, derivative related valuation, risks and XVA analysis; (ii) investment performance measurement; (iii) ALM and financial projections modelling; and (iv) technological developments using various mathematical models and computer applications.
The Treasury Specialist will also be required to participate in IT initiatives designed to achieve greater operational efficiency; work within general policies, principles and goals; and work directly with clients.
The incumbent will report to Advisor, TD and Head, Quantitative Analysis Unit and will supervise national and administrative staff.
a. Delivery of Quantitative Strategies to Sharpen and Support Innovative and Structured Debt Issuances and Investments by ADB
b. Development, Enhancement, and Maintenance of Financial Projection Models
c. IT Systems Design, Development, and Implementation
d. Staff Management
The selected candidate is appointed for an initial term of 3 years.
ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s qualifications and experience.
ADB seeks 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.
Please note that the actual level and salary will be based on qualifications of the selected candidate.