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Director (Credit Division 2, Office of Risk Management)

Employer
Asian Development Bank (ADB)
Location
Philippines (PH)
Salary
https://www.adb.org/sites/default/files/page/42062/adb-international-staff-salary-structure-2020.pdf
Closing date
2 Oct 2020

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Job Details

The Asian Development Bank (ADB) headquartered in Manila, Philippines is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and Pacific region, while sustaining its efforts to eradicate extreme poverty. The ADB assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

ADB’s Office of Risk Management now seeks a Director to lead one of its two Credit Divisions. The Director Credit Division 2 oversees the second line of defense with respect to ADB´s (i) corporate lending in the oil, gas, transport, telecommunications, utilities, agriculture, social, and healthcare sectors; (ii) equity investments incorporates, financial institutions and private equity funds. He/she plays a key role in ensuring that each transaction complies with ADB´s risk appetite and portfolio management objectives.

 The ideal candidate will bring exceptional interpersonal skills and a successful track record of leadership in risk or portfolio management, covering multiple asset classes and industry sectors, with experience gained ideally from both leading private sector banks and multinational development organizations. The candidate will also bring experience in managing change and driving the adoption of best practices.

For further information and to submit an application, please click on "Apply."

Company

ADB is an international development finance institution whose mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Headquartered in Manila, and established in 1966, ADB is owned and financed by its 68 members, of which 48 are from the region and 19 are from other parts of the globe. ADB's main partners are governments, the private sector, nongovernment organizations, development agencies, community-based organizations, and foundations. Under Strategy 2020, a long-term strategic framework adopted in 2008, ADB will follow three complementary strategic agendas: inclusive growth, environmentally sustainable growth, and regional integration. In pursuing its vision, ADB's main instruments comprise loans, technical assistance, grants, advice, and knowledge. Although most lending is in the public sector - and to governments - ADB also provides direct assistance to private enterprises of developing countries through equity investments, guarantees, and loans. In addition, its triple-A credit rating helps mobilize funds for development.

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