Director, Manila, Philippines

## Director, Manila, Philippines - Organization:ADB - Asian Development Bank Reference Number: 260900 Department: Office of Risk Management Division: Treasury and Liquidity Risk Division Location: Asian Development Bank Headquarters Date Posted: Monday, September 28, 2026 Closing Date: Monday, October 12, 2026 11:59 p.m. (2359 Manila Time, 0800 GMT) Join Our Mission to Foster Prosperity in Asia Are you ready to make a difference in 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 is assigned to the Treasury and Liquidity Risk Division (RMTL) within the Office of Risk Management (ORM). You will be based at our Headquarters in Manila, Philippines and relocation is required. All reasonable relocation expenses will be covered. You will report to Head, ORM and will oversee assigned international and local staff. As Director, you will lead the Treasury and Liquidity Risk Division and provide strategic leadership and oversight of ADB's treasury and liquidity risk management function. You will guide the division's priorities, strengthen risk governance and controls, and provide senior-level advice to support sound decision-making by ORM, Management, the Board, and other relevant stakeholders. - Provide strategic leadership to the RMTL, setting its direction, priorities, work program, and performance targets in alignment with ADB's institutional priorities, ORM objectives, and applicable policies and standards. - Lead the division's treasury and liquidity risk management activities, ensuring the timely delivery of high-quality oversight and advice. - Lead the identification, assessment, monitoring, and reporting of market, counterparty, and liquidity risks arising from treasury activities and operations. - Ensure treasury activities remain within approved risk appetite, policies, prudential limits, and governance frameworks. - Lead or participate in the development, review, and implementation of treasury and liquidity policies, methodologies, risk limits, systems, and internal controls. - Strengthen risk analytics, data governance, systems, and reporting processes to support accurate, timely, and actionable risk information to support effective decision-making. - Oversee the second-line liquidity risk management function for Ordinary Capital Resources and other funds, including the monitoring and assessment of liquidity indicators. - Provide strategic advice and risk insights to Head, ORM, Management, the Board, and other stakeholders on treasury and liquidity risk matters, including significant developments, emerging risks and opportunities, and key challenges. - Promote strong risk culture across ADB, including building and maintaining strong working relationships with the Treasury Department, ORM teams, other ADB departments, peer institutions, development partners, rating agencies, and other stakeholders. - Lead the effective management of the division's resources, including budget, staffing, operational priorities, performance management, and talent development. - Foster a collaborative, accountable, and high-performing team culture, that delivers high-quality risk oversight and contribute effectively to ADB's institutional goals. Qualifications:You will need: - Master's degree or equivalent, in finance, accounting, mathematic, economics or related fields; or University degree in finance, accounting, mathematics, economics, or related fields and at least 10 years specialized experience relevant to the position can be considered. - At least 15 years of relevant experience in treasury activities and/or market and liquidity risk management including asset and liability management with a commercial bank or multilateral development bank (MDB) - Strong understanding of an MDB's treasury operations, financial policies, liquidity strategies and controls, balance sheet dynamics, asset liability management, global capital markets and relevant products, including derivatives (e.g., interest rate and cross currency swaps). - In-depth knowledge of treasury and liquidity risk management principles, methodologies including valuation and risk measurement, governance, controls, and the related regulatory environment. - Proven experience developing or overseeing treasury and liquidity risk measurement models, analytics, systems, data management, and reporting processes. - Experience leading complex work programs, manage projects, and deliver high-quality outputs in a financial services or institutional environment. - Experience analyzing complex issues, identifying solutions and making informed decisions. - Experience leading teams or initiatives, including the ability to manage teams, build collaboration, support staff development, and communicate information clearly with senior stakeholders. - Written and verbal proficiency in English. - International experience. - Please refer to the link to ADB Competency Framework for M1. ADB offers a rewarding salary and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience. - Housing and education allowance (if applicable) - Expatriate benefits (if applicable) - Retirement plan (if applicable) - Medical and health benefits - Paid leave (including parental) - Life and other insurance plans Additional Information This appointment is open to internal and external applicants. This is a fixed-term appointment for a managerial position, initially for a period of 3 years or up to Staff's Normal Retirement Date (NRD) whichever comes earlier, 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 an additional fixed term period of up to 3 years or allow it to expire. This decision will be made in the overall interest of ADB, based on factors including, but not limited to, ADB's medium- to long-term plans for the organizational unit, the relevance of the staff's skills to those plans, and the staff's managerial and behavioral competencies. Notwithstanding the length of the initial or any subsequently renewed FT-M, the expiration date of any fixed-term appointment will not exceed the Staff's NRD. There is no limit on the number of renewals up to Staff's NRD. However, this appointment is not convertible to a regular appointment. ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is headquartered in Manila and owned by 69 members—50 from the region. 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.