Senior Risk Management Specialist

7 days ago


Manila, National Capital Region, Philippines Asian Development Bank Full time
Role Overview

The Asian Development Bank is seeking a highly skilled and experienced Risk Management Specialist to join its Treasury and Liquidity Risk Division. This role requires strong expertise in risk management, derivatives valuation, and collateral management.

Key Responsibilities
  • Conduct and oversee activities related to market, liquidity, and credit risks associated with ADB's treasury operations.
  • Lead RMTL's derivatives management operations, including valuation, collateral management, counterparty risk analysis, and ISDA Master Agreement negotiations.
  • Promote and implement advanced risk analytics to monitor risk exposures and enhance methodologies aligned with evolving markets, risk policies, and technologies.
  • Ensure robustness of internal systems for quantitative valuation of treasury risk positions, focusing on derivatives portfolios tied to investments and structured bond liabilities.
  • Collaborate across departments to address concerns related to derivatives valuations and unfulfilled margin calls due to disagreements with counterparties.
  • Maintain processes for sourcing risk metrics and valuation data from external providers to support operations, ensuring the integrity and quality of the externally sourced data.
  • Represent risk management interests in ISDA Master Agreement negotiations and CSAs with derivatives counterparties, coordinating with ADB's Treasury Department and Office of General Counsel.
  • Develop and maintain analytical systems and reporting requirements to enhance accuracy of information for end-users, including report automation, data access, and data visualization tools.
Requirements
  • University degree in Mathematics, Banking, Finance, Business Administration, Economics, or related fields, preferably at post-graduate level or equivalent.
  • At least 6 years of relevant professional experience, with preference for experience in treasury risk management, derivatives valuation, and collateral management.
  • Numerical experience in market, liquidity, and credit risk management and derivatives, including knowledge of relevant risk metrics.
  • Experience negotiating ISDA Master Agreements and CSAs, especially sections having counterparty risk implications, as a credit risk manager is preferred.
  • Experience working with third-party tools for derivatives valuation, such as Numerix, MSCI, and Finastra, is preferred.
  • Solid knowledge of financial concepts and quantitative tools of risk and performance measurement, along with an understanding of mortgage-backed, asset-backed, and corporate bonds, structured products, and options is desirable.
  • A professional qualification in risk or finance (Financial Risk Management, Chartered Financial Analyst, or other related certifications) is beneficial.
  • Excellent English speaking and writing skills.
  • International experience working in several countries.


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