Credit Portfolio Monitoring Division, ORM, Office of Risk Management
Closing Date: 20 February 2013 , 5:00 p.m. (1700 Manila Time, 0900 GMT)
Job Purpose:
The Senior Risk Management Officer provides analytical support to a team of Risk Management Specialists in the area of Credit Monitoring and is responsible for reviewing and evaluating monitoring reports of existing transactions, processing waiver and amendment requests, validating the risk rating of debt and guarantee transactions, valuing private equity investments, and evaluating exit recommendations. The Senior Risk Management Officer is also expected to provide support in the area of Data Management and is responsible for (i) contributing as part of a project team to the ongoing implementation of a Risk Management System and (ii) calculating ADB’s exposure, monitoring risk limits, facilitating the production of various risk reports, and ensuring the accuracy of the risk management data base.Expected Outcomes
Credit Monitoring- Review the quality of Monitoring Reports of all nonsovereign debt, guarantee, and equity transactions, and determine the appropriate frequency of the Monitoring Report for each transaction.
- Independently and comprehensively evaluate the credit risk of loans and guarantees, review proposed risk ratings on the basis of the country, sector, market and financial analysis provided in the Monitoring Reports, and recommend appropriate ratings.
- For direct and indirect equity investments, assess the valuations, valuation methodologies, and exit strategies.
- Evaluate waivers and other amendment requests for previously approved transactions.
- Participate in special reviews of and conduct research on countries, sectors, products, or corporate groups that have elevated risks.
- Recommend placing transactions on the Watch List based on increased risks or adverse trends, and, if necessary, recommend a higher risk rating.
- For transactions with a final risk rating of NSO13 and D, recommend transfer of impaired transaction to ORM's Corporate Recovery Unit.
- Calculate risk metrics such as expected loss, unexpected loss, risk adjusted returns, etc.
- Assess the impact of individual transactions on portfolio risks.
Data Management
- Calculate ADB’s exposure by sector, country, product, group, obligor, etc.
- Identify and analyze the driving factors behind any material changes in exposure.
- Monitor portfolio limits compliance.
- Calculate the impact of new transactions on ADB’s risk limits, expected loss, loan loss reserves, and capital adequacy.
- Manage other risk data such as pricing, maturity, risk adjusted return on capital (RAROC), economic capital, expected loss, equity returns, private equity fund metrics, etc.
- Design new and improve existing management information systems to include the participation in working groups that are tasked with system upgrades.
- Deliver dependable and timely reports/outputs including contributing exposure, risk and limit data to monthly, quarterly, and annual reports.
- Perform other credit risk management and data management tasks as and when assigned in a rapidly evolving unit.
- Provide support to other divisions and units in ORM as and when needed for special projects and tasks.
Educational Requirements:
- Bachelor’s degree in Applied Mathematics, Economics, Engineering, Finance or Accounting; preferably with Master’s Degree or equivalent- Preferably with accreditation as a Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA)
Relevant Experience And Other Requirements:
Work experience- At least 8 years of experience in major commercial banks, consulting firms, or similar financial institutions; preferably in the areas of credit monitoring or data management; and at least 4 years of supervisory experience
Technical knowledge
- Ability to evaluate individual loans, guarantees, and direct and indirect equity transactions including impaired accounts.
- Ability to undertake background research, analytical and evaluative work on difficult but well defined tasks, collect and organize data and information, apply computer skills in analyzing and developing data, and prepare notes, papers and reports.
- Good familiarity with risk rating tools, loan pricing instruments, and developments in the area of risk management.
- Good computer skills with sound knowledge of word-processing, spreadsheets, power point, graphics software used within ADB, financial modeling and macro. Strong command of database applications, Visual Basic, and web design software preferred.
- Effective report-writing and communication skills in English.
People and leadership skills
- Ability to mentor Administrative Staff (AS) to facilitate work planning, delivery and quality review.
- Ability to effectively interact with staff at all levels within and outside of the department.
- Ability to work collaboratively with teams as a constructive member.
- Ability to manage priorities and workload within general schedule of work, instructions and standardized practices.
- Ability to supervise work of others and maintain composure under pressure.
- Ability to work with individuals from different cultural/national backgrounds.
Core Competencies:
Application of Technical Knowledge and Skills- Applies updated advancements in own knowledge area to relevant tasks
- Applies knowledge and practical skills to independently perform some complex tasks
- Conveys the need to use updated project approaches
- Delivers Divisional contributions across a variety of products and services to meet the needs of different clients
- Proposes options to clients that may better meet their needs than current approaches
- Defines and delivers to agreed standards with clients
- Conducts detailed research and analysis to determine appropriate methods for addressing the causes of issues
- Self-monitors achievement of results according to work plans
- Identifies different stakeholder needs and desired outcomes when planning for outcomes
- Independently solves problems and makes recommendations
- Maintains collaborative relationships within the Department
- Works effectively with diverse colleagues in own and other Divisions and Departments
- Flexibly alters positions and adjusts previously stated points of view to support the group consensus
- Follows through on team priorities in the absence of a team leader
- Checks with audience’s level of understanding and awareness of required follow up actions
- Consistently seeks and addresses feedback on own performance
- Creates knowledge products endorsed for wider distribution
- Independently amends and clarifies messages and documents
- Actively supports work improvement and/or organizational change by work and deed
- Develops and adopts change plans to support Division initiatives on which one works
- Considers current and future client needs in proposing ideas
- Vocalizes early support for change
Immediate Reporting Relationships / Other Information:
- Supervisor: Director and/or designated International Staff
- The following staff positions may be supervised by the incumbent:
- Administrative Staff
Social Plugin