Principal Treasury Specialist / 250069

  • Added Date: Wednesday, 05 February 2025
  • Deadline Date: Thursday, 20 February 2025
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Principal Treasury Specialist

Job Vacancy | Thursday, February 6, 2025

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  • Reference Number 250069 Position Level TI3 Department Treasury Department Division Client Solutions Division Location Asian Development Bank Headquarters Date Posted Thursday, February 6, 2025 Closing Date Thursday, February 20, 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 Principal Treasury Specialist is assigned to the Client Solutions Division (TDCS) within the Treasury Department (TD). You will be based at our Headquarters in Manila, Philippines.

    You will report to Assistant Treasurer, TDCS and will oversee Junior team members.

    Your Role

    As a Principal Treasury Specialist, you will: (i) oversee the implementation of TDCS activities on providing cost efficient financing solutions for both sovereign and non-sovereign clients with an emphasis on local currency financing operations; (ii) oversee the monitoring of local currency debt markets and the management of structuring, negotiation, and execution of bond issues and derivatives transactions both in public and private placement markets; (iii) coordinate with external parties [i.e., underwriters, rating agencies, regulators, external auditor] and internal parties [i.e., Controller's Department (CTL), Office of the General Counsel (OGC), and Office of Risk Management (ORM)] regarding the processing and recording of bond issues, cross currency and interest rate swaps; (iv) manage ADB's local currency operations in cooperation with other TD divisions and the relevant departments; and (v) be a client-centric focal point within ADB TD for all lending product-related issues and ADB borrowing client related issues, including for external clients (e.g., governments, central banks, commercial banks) and internal [e.g., Private Sector Operations Department (PSOD), Regional Departments (RDs), Resident Missions (RMs)].

    You will:

  • Oversee and exploit funding opportunities in Asian local currency markets, ensuring that operational and strategic objectives achievable in those markets are consistent with ADB's borrowing program.
Oversee and exploit the use of currency and interest rate swaps, repos and bilateral facilities to raise funding in Asian local currencies. Comprehensively oversee and coordinate the pricing, structuring, accounting, documentation, settlement and general management of local currency operations with relevant ADB departments and divisions (e.g., CTL, Office of the Auditor General, OGC, ORM) and external parties, such as external auditors, rating agencies, underwriters and swap counterparties, ensuring timely and accurate completion of ADB local currency operations. Provide client-centric sound financial analysis and act as trusted advisor for funding solutions to ADB internal and external clients for ADB's local and mainstream currency financial products. Work with relevant teams in PSOD, RDs, and RMs to support client needs concerning loans, bond investments, guarantees, risk participations, co-financing, structuring of financial products, etc. Support the opening of new Asian local currency markets for ADB and contribute to capacity development of ADB members' onshore and offshore capital marketsยท Oversee and undertake investor and market outreach with webinars, roundtables and investor roadshows to develop and maintain relationships with key stakeholders by regularly educating and updating them about ADB and its local currency activities, including participating as resource speaker / panelist in ADB-led borrower outreach programs and regional forums. Contribute to internal reports for the Asset and Liability Committee (ALCO), annual Borrowing Program, Quarterly Treasury Report, ADB Annual Report, and other ad hoc demands. Create and lead multi-disciplinary teams and ensure the overall quality of its work. Supervise the performance of teams and individuals providing clear direction and regular monitoring and feedback on performance. Provide coaching and mentoring to team and individuals and ensure their ongoing learning and development.

Qualifications

You will need:

Master's degree in finance or relevant fields. Alternatively, a university degree in related fields combined with at least 5 years' specialized experience relevant to the position can be considered. At least 12 years' work experience including international experience working in several countries. Excellent written and verbal communication skills in English. Ability to perform technical analysis and valuation of financial market instruments, and advanced user of financial market systems such as Bloomberg and Refinitiv. Please refer to the link for ADB Competency Framework for Technical International grade TI3.

Benefits

๐Ÿ“š ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐—š๐—ฒ๐˜ ๐—ฎ ๐—๐—ผ๐—ฏ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—จ๐—ก ๐—ถ๐—ป ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ! ๐ŸŒ๐Ÿค ๐—ฅ๐—ฒ๐—ฎ๐—ฑ ๐—ผ๐˜‚๐—ฟ ๐—ก๐—˜๐—ช ๐—ฅ๐—ฒ๐—ฐ๐—ฟ๐˜‚๐—ถ๐˜๐—บ๐—ฒ๐—ป๐˜ ๐—š๐˜‚๐—ถ๐—ฑ๐—ฒ ๐˜๐—ผ ๐˜๐—ต๐—ฒ ๐—จ๐—ก ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฏ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ฒ๐˜€๐˜ ๐˜€๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—จ๐—ก๐—›๐—–๐—ฅ, ๐—ช๐—™๐—ฃ, ๐—จ๐—ก๐—œ๐—–๐—˜๐—™, ๐—จ๐—ก๐——๐—ฆ๐—ฆ, ๐—จ๐—ก๐—™๐—ฃ๐—”, ๐—œ๐—ข๐—  ๐—ฎ๐—ป๐—ฑ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ๐˜€! ๐ŸŒ

โš ๏ธ ๐‚๐ก๐š๐ง๐ ๐ž ๐˜๐จ๐ฎ๐ซ ๐‹๐ข๐Ÿ๐ž ๐๐จ๐ฐ: ๐๐จ๐ฐ๐ž๐ซ๐Ÿ๐ฎ๐ฅ ๐“๐ž๐œ๐ก๐ง๐ข๐ช๐ฎ๐ž๐ฌ ๐ก๐จ๐ฐ ๐ญ๐จ ๐ ๐ž๐ญ ๐š ๐ฃ๐จ๐› ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐๐š๐ญ๐ข๐จ๐ง๐ฌ ๐๐Ž๐–!

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)

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 49 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 our Strategy 2030.

ADB only hires nationals of its 69 members.

To view ADB Organizational Chart, please click here.

ADB wants 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.

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