1. Home

Associate Financial Sector Officer / 250531

Tags: finance English Environment
  • Added Date: Thursday, 26 June 2025
  • Deadline Date: Friday, 11 July 2025
5 Steps to get a job in the United Nations

Associate Financial Sector Officer

Job Vacancy | Friday, June 27, 2025

SHARE THIS PAGE
  • Reference Number 250531 Position Level TL4 Department Sectors Department 3 Division Finance Sector Office Location Kyrgyz Resident Mission Date Posted Friday, June 27, 2025 Closing Date Friday, July 11, 2025 11:59 p.m. (2359 Manila Time, 0800 GMT)

    Join Our Mission to Foster Prosperity in Asia

    Are you ready to make a lasting impact on the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.

    Organizational Setting and Reporting Relationship

    The position of Associate Financial Sector Officer is assigned to the Finance Sector Office (SD3-FIN) within the Sectors Department 3 (SD3). SD3 aims to deliver impactful sector strategy, initiatives, and integrated solutions that advance ADB's strategic agenda in finance, human and social development, and public sector management and governance sectors the region and with ADB's clients. SD3, which is comprised of three sector offices, delivers or supports sovereign, nonsovereign, and advisory operations; delivers knowledge services; supports regional departments (RDs) and resident missions (RMs) in engaging with developing member countries (DMCs); and ensures ADB's technical leadership externally and internally.

    SD3-FIN leads policy dialogue, initiatives, and solutions in the financial sector. SD3-FIN is responsible for (i) conceptualizing, processing, and administering lending, grant, and technical assistance (TA) operations; (ii) developing and delivering knowledge services and products to DMCs; and (iii) leading technical work on sector diagnostics and road maps and contributing to business development efforts.

    You will be based at our Kyrgyz Resident Mission (KYRM) in Bishkek.

    You will have a primary reporting line to the designated Technical International staff or Director, SD3-FIN on operational and policy-related matters and have a matrix reporting line to the Country Director, KYRM on day-to-day administrative matters.

    Your Role

    As an Associate Financial Sector Officer, you will provide technical and operational support and inputs in general administration, portfolio management, project administration, and project processing activities related to loans, grants, and technical assistance (TA) for the finance sector. This includes engaging sector dialogue with the government, development partners, and civil society.

    You will:

  • Co-lead, and/or support the processing, implementation, and administration of investment projects, TA projects, and assist in portfolio management and sector work and activities, focusing on the finance sector.
Support portfolio management and project administration with tasks including, but not limited to: (i) monitoring the progress of assigned projects and preparing project performance reports; (ii) preparing annual forecasts of contract awards and disbursement, identifying factors responsible for shortfalls, and expediting achievements of target levels; (iii) identifying issues related to project implementation and taking action in close coordination with executing agencies (EAs), implementing agencies (IAs), contractors, consultants, and project beneficiaries; (iv) preparing measures and implementing them to address the issues; (v) preparing internal procurement papers, reviewing procurement documents including draft technical designs and cost estimates, and papers for extension of loan closing dates; and (vi) reallocating loan proceeds, changes in scope and implementation arrangements, and other project administration tasks, and (viii) conducting review missions with the government counterpart. Analyze the team's finance sector portfolio performance, project administration workload, and provide guidance to other members of the team. Closely coordinate with the project administration teams across the sector office. Contribute to the analysis and review of mission reports and aide memoires, progress reports, and other available project performance indexes on a regular basis and ensure quality through conducting special loan or TA review missions and prepare country portfolio review missions and tripartite portfolio review meetings. Contribute to addressing project administration red flags for timely corrective actions. Support initiatives aimed at integrating digital financial technologies into development projects to enhance financial and social inclusion across ADB's developing member countries. Contribute to the design, implementation, and monitoring of projects, programs, technical assistance, and pilot initiatives to incorporate other focus areas of sustainable finance, digital finance, municipal finance, regional finance and housing finance. Monitor annual forecasts of contract awards and disbursement, identify factors responsible for shortfalls, and analyze issues related to project implementation through interaction with EAs, contractors, consultants, and project beneficiaries, and prepare measures to address the project administration issues Review loan/grant/TA processing and administration documents to be endorsed and approval by the designated Technical International staff and Director, SD-FIN, following established quality assurance guidelines and relevant policies. Support initiatives aimed at integrating other focus areas such as digital financial technologies into development projects to enhance financial and social inclusion across ADB's developing member countries. Contribute to the design, implementation, and monitoring of projects, programs, technical assistance, and pilot initiatives to incorporate other focus areas of sustainable finance, digital finance, municipal finance, regional finance and housing finance. Engage in sector dialogue with government officials and key stakeholders of the finance sector, including the private sector and civil society. Maintain effective liaison and working relationship with SD-FIN, government agencies, development partners, and other stakeholders to facilitate formulation, processing, administration and monitoring of ADB-financed finance sector loans and TAs. Organize, contribute, support, and participate in meetings, conferences, seminars, and workshops related to finance sector. Maintain and update knowledge base of future government investment plans and approval processes, organizational structure, and policies relevant to the assigned sector. Participate in and contribute to project inception, review, mid-term review, special loan administration missions, and project completion review missions, as required. Contribute to sector assessments and provide appropriate advice on project procurement and sector policies and institutional reforms. Provide guidance and support in project processing missions in designing project implementation arrangements, including procurement/disbursement procedures and project management set up, and review of financing plans. Contribute to sector work in the field by assisting in conducting research, updating information on the finance sector, analyzing financial, institutional, or economic uses, and preparing reports on the subjects Participate in and contribute to country programming and review missions to monitor performance of finance sector projects, including preparation of the related pre- and post-mission documentation. Facilitate timely processing and approval of assistance pipeline (loans, TAs and grants). Liaise with national and local governments and ADB Headquarters to facilitate invitation and participation of government officials to ADB training and conferences in Nepal and abroad. Mentor and support to junior staff. Perform other duties as assigned and reflected in staff's workplan.

Qualifications

You will need:

Bachelor's degree in economics, finance, management or related fields, preferably with advanced training. At least 5 years work experience in finance and/or in development partner-financed project preparation and administration. Extensive knowledge of government policies, reforms and programs in finance sector. Familiarity with government procedures, structure and institutions. Work experience within the Ministry of Finance would be an advantage. Strong capacity to communicate with government agencies, development partners, civil society organizations and stakeholders. Sound understanding of ADB or other multilateral development bank procedures and practices related to TA and loan and grant project processing and administration, including safeguards compliance. Ability to work effectively, proactively and collaboratively in a team-oriented environment. Proficient in computer applications, especially word processing, spreadsheets, e-mail, and SharePoint. 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 oral and written communication skills in English and Kyrgyz. Please refer to the link for ADB Competency Framework for TL4.

Benefits

📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!

ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.

Paid leave (including parental) Medical and health benefits Life and other insurance plans Staff development Retirement plan Housing and education allowance (if applicable) Expatriate benefits (for international staff)

Additional Information

This opening is a local staff position. It is open only to nationals and permanent residents of Kyrgyz Republic.

This appointment is open to internal and external applicants.

This position is crucial to the Workforce Rebalancing Framework (2022-2027), a strategic initiative aimed at enhancing ADB’s in-house expertise previously sourced from the external workforce. The role seeks seasoned experts with substantial field experience capable of leading policy dialogue, and projects focused on delivering knowledge solutions. Successful applicants may occasionally undertake short-term assignments in other departments or offices, when required.

This is a fixed term appointment with option to renew, initially for a period of up to 3 years, or up to the Normal Retirement Date (NRD), whichever comes earlier, for the purpose(s) and conditions determined by ADB, in accordance with Administrative Order No. 2.01 (Recruitment and Appointment). After the initial fixed-term period, ADB may choose to renew the appointment for up to an additional 3 years or not renewed. This decision will be made in the overall interest of ADB, based on factors including but not limited to the requirement of Staff’s particular blend of skills and experience for the medium-term work program of the organizational unit, sufficient funding to cover the renewed period, and Staff’s performance and suitability for employment. There is no limit to the number of renewals up to NRD. However, this appointment is not convertible to a regular appointment.

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 50 of which are from the Asia and 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 69 members.

To view ADB Organizational Chart, please click here.

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.

Visit ADB Careers FAQ for more information.

Stay up to date Subscribe to our newsletter and get the latest issues, news, events, jobs and data in your e-mail inbox.

SHARE THIS PAGE

📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟰! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟰 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗜𝗢𝗠, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐

Apply for this job

Recommended for you

📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟰! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟰 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐