Join Our Mission to Foster Prosperity in Asia
Are you looking to have 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 Director, Finance is assigned to the Finance Sector Office (SG-FIN) within the Sectors Group (SG) established to deliver impactful sector policy dialogues, initiatives, and solutions that advance ADB's strategic agenda in the region and with ADB's clients. The Sectors Group will have three responsibilities: (i) conceptualize, process, and administer financial and technical assistance (TA) operations; and deliver knowledge services to clients; (ii) support resident missions in their country engagement, lead technical work on sector diagnostics and country sector road maps, and contribute to business development efforts, and (iii) ensure ADB's technical leadership externally and internally.
The Finance Sector Office (SG-FIN) supports financial sector development through sovereign initiatives to develop deep and liquid financial markets and enhance financial stability. Areas of focus are financial inclusion, capital markets and contractual savings, digital finance and innovation, and sustainable finance.
You will be based at our Headquarters in Manila, Philippines.
You will report to Senior Director, SG-FIN and will oversee International Staff, National Staff, and Administrative Staff.
Your Role
As a Director, Finance, you will be responsible for the delivery of sector work programs in the regions in line with regional work programs.
You will:

• Ensure delivery of quality sector support to Country Partnership Strategy (policy dialogue, diagnostics, roadmaps) and pipeline development, and coordinate implementation of approved sector roadmaps.
• Oversee the design and implementation of sector projects in the region to ensure quality, achievement of targets, value addition and compliance with ADB policies.
• Work across specialized practice teams within SG-FIN and across other sectors in ADB.
• Develop regional sector staffing, work plans, and delegates and manage work assignments.
• Mentor regionally-assigned and country-based staff and lead relevant sector staff recruitments.
• Contribute to the sector's knowledge management, quality assurance, and strategy development efforts.
• Decide on certain administrative and operational processes that require director approval and allocation of relevant budgets within the regional unit.
• Supervise the development of sector diagnostics and roadmaps, concept papers, and project quality review.
• Advise on country and regional work programs.
• Assign staff resources to PSOD, OMDP, and private sector development teams for joint projects.
• Advise and recommend on significant developments, emerging opportunities, and challenges in area of responsibility.
• Lead and facilitate effective coordination and cooperation with other ADB Departments and internal stakeholders.
• Manage 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 on-going learning and development.
• Develop and maintain a positive and inclusive work environment for team.

Qualifications

You will need:

• Master's Degree or equivalent in Economics, Finance, Business Administration or related fields, with specialization in development or finance sector issues. University degree combined with specialized experiences in similar organization/s, may be considered in lieu of a Master's degree.
• At least 15 years of relevant experience within the finance sector at senior levels (e.g. managing large teams), with good knowledge of the Asia Pacific region.
• Proven management and leadership qualities.
• Excellent capabilities in people and talent leadership, strong client and impact orientation, and effective communication.
• International experience working in several countries and multiple ADB regions.
• Experience in private sector desirable.
• Please refer to the link for ADB Competency Framework for International Staff level IS7 and IS8.

Benefits
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

Additional Information
This is a fixed term appointment or assignment for senior staff, for a period of three (3) years. This opening is open to internal and external applicants.
If you are selected as an external candidate, the appointment may be extended for a period of up to 3 years per extension, or not renewed. In case of extension, staff may continue in the position for another term of up to 3 years.
At the end of the initial period, ADB, as its discretion may: (a) renew a fixed term appointment or assignment, (b) not renew a fixed term appointment
Fixed-term appointments or assignments for senior staff are subject to terms and conditions determined by ADB as indicated in all relevant policies.
ADB will be rolling-out a new job grading structure on 1 January 2025, which may result in a change of the position grade and title with no change in the terms of reference. By accepting this offer, you acknowledge and accept the possibility of such changes resulting from the new job grading structure.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 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 68 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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