Treasury Specialist

Job Posting Organization:
The Asian Development Bank (ADB) is an international development finance institution that was established to foster economic growth and cooperation in the Asia-Pacific region. Headquartered in Manila, Philippines, ADB was founded in 1966 and currently comprises 69 member countries, with 50 of them from the Asia and Pacific region. ADB's mission is to alleviate poverty and promote sustainable development through financial assistance, knowledge sharing, and partnerships. The organization is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while also focusing on eradicating extreme poverty. ADB operates under its Strategy 2030, which aims to address the region's most pressing challenges. The organization values diversity and inclusion, encouraging applications from all qualified candidates regardless of their background, and particularly encourages women to apply.

Job Overview:
The Treasury Specialist position is a critical role within the Investments Division of the Treasury Department at ADB. The successful candidate will be responsible for managing investment portfolios to achieve liquidity management goals and uphold the financial strength of ADB. This role involves formulating and applying investment strategies, policies, and guidelines while working closely with clients and management on essential tasks. The Treasury Specialist will oversee junior team members and report directly to the Assistant Treasurer of the Investments Division. The position requires a proactive approach to portfolio management, ensuring that investment operations meet projected income targets and adhere to established guidelines. The Treasury Specialist will also engage in asset and liability management, participate in interdepartmental committees, and manage cash flows to optimize the use of available funds for investments and disbursements.

Duties and Responsibilities:
The duties and responsibilities of the Treasury Specialist include:

• Portfolio Management: - Achieving projected income targets from liquidity investment operations within the parameters set by the investment authority and guidelines. - Developing portfolio strategies focused on managing short-term liquidity to ensure effective investment of available funds and minimizing excess liquidity. - Administering tasks related to short-term cash management and products, including ECP issuance, repo collateral management, secured financing, and cash management. - Managing liquidity pool management, daily cash positioning, short-term funding, and reconciliation across various portfolios. - Maintaining relationships with partners to ensure optimal execution of transactions. - Monitoring assigned portfolios and reporting on portfolio risk, exposure, strategy execution, performance, and market developments. - Creating portfolio reports to demonstrate compliance with strategies, risk management guidelines, and back-office requirements. - Identifying new investment opportunities and proposing changes to investment policies.
• Asset and Liability Management (ALM): - Participating in interdepartmental committees related to funding requirements, ALM, and risk management issues. - Managing cash flows to ensure effective use of funds for investments, disbursements, and other requirements.
• Other Responsibilities: - Performing additional tasks as assigned by the immediate supervisor.

Required Qualifications:
The ideal candidate for the Treasury Specialist position will possess the following qualifications: - A University degree in Finance, Economics, Accounting, or related fields, preferably at the postgraduate level or its equivalent. - A minimum of 6 years of relevant professional experience, with a strong familiarity with portfolio management theory and practice. - Knowledge of the evolving regulatory environment and its impact on external counterparts' operations. - Experience in liquidity management utilizing a full spectrum of products, including fixed income, short-term money market, FX forwards, swaps, and repos. - Professional experience in collateral management operations across multiple asset classes. - Familiarity with Multilateral Development Bank (MDB) investment guidelines, strategies, and reporting requirements. - Proficiency in written and verbal English communication.

Educational Background:
Candidates must have a University degree in Finance, Economics, Accounting, or related fields. A postgraduate degree or equivalent qualification is preferred, indicating a higher level of expertise and understanding of complex financial concepts relevant to the role.

Experience:
The position requires at least 6 years of relevant professional experience in finance, particularly in portfolio management and liquidity management. Candidates should have a proven track record of working with various financial products and managing investment portfolios effectively.

Languages:
Proficiency in English is mandatory, both written and verbal. This is essential for effective communication within the organization and with external partners. Additional language skills may be considered an asset but are not required.

Additional Notes:
This appointment is a fixed-term position for an initial period of 3 years, with the possibility of extension for up to 2 years or conversion to a regular appointment based on performance and organizational needs. The role is full-time and based at ADB's headquarters in Manila, Philippines. ADB offers a competitive salary and comprehensive benefits package, including housing and education allowances (if applicable), expatriate benefits (if applicable), retirement plans, medical and health benefits, paid leave (including parental leave), life and other insurance plans, and opportunities for staff development.