Associate Economics Officer

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 has grown to include 69 member countries, with 50 of those from the Asia and Pacific region. ADB's mission is to alleviate poverty and promote sustainable development, focusing on creating a prosperous, inclusive, resilient, and sustainable Asia and the Pacific. The organization combines finance, knowledge, and partnerships to achieve its goals, particularly under its Strategy 2030 framework. ADB is committed to ensuring equal opportunities and a respectful work environment for all employees, encouraging diversity and inclusion in its workforce.

Job Overview:
The Associate Economics Officer position is integral to the Financial Cooperation and Integration Team (FCI) within the Economic Research and Development Impact Department (ERDI) at ADB. The role involves supporting regional financial cooperation and integration initiatives, particularly through the ASEAN+3 Disaster Risk Finance Initiative (DRFI) and the Asian Bond Markets Initiative (ABMI). The officer will engage in economic and analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis, knowledge sharing, and database development, while also preparing technical assistance documents and managing project administration. The position requires collaboration with various stakeholders to enhance ADB's performance in financial integration and development across the region. The officer will also be responsible for presenting findings and promoting ADB's initiatives through workshops and outreach activities, thereby contributing to the overall mission of fostering prosperity in Asia.

Duties and Responsibilities:
The duties and responsibilities of the Associate Economics Officer include:

• Conducting economic research and providing technical assistance related to financial markets and instruments, particularly in the ASEAN+3 region.
• Supporting the completion of publications on financial markets, including reports and guides related to disaster risk finance.
• Drafting technical assistance concept notes, documents, and progress reports in collaboration with TA managers.
• Administering technical assistance projects from inception to completion, including budget management and liaising with consultants and agencies.
• Presenting knowledge-sharing programs on DRFI and ABMI to stakeholders and preparing speeches for ADB management.
• Organizing workshops and training sessions to disseminate information and build capacity among ASEAN central banks.
• Collaborating with other ADB departments to enhance performance on financial cooperation initiatives.
• Contributing to the development of economic and financial databases and managing content for the AsianBondsOnline website.
• Undertaking administrative tasks related to work programs and budget frameworks, and preparing briefing papers and presentations for management meetings.

Required Qualifications:
Candidates must possess a Bachelor's degree in Economics, Business, Finance, or a related field, with a Master's degree being a distinct advantage. A minimum of 5 years of relevant professional experience in the financial sector or public sector is required. Candidates should have a strong understanding of the research process, analytical skills, and familiarity with multilateral financial institutions. Proficiency in written and verbal English is essential, with demonstrated ability to produce meeting summaries and other documents.

Educational Background:
The educational background required for this position includes a Bachelor's degree in a relevant field such as Economics, Business, or Finance. A Master's degree in a related discipline is preferred and will provide a competitive edge in the selection process.

Experience:
The position requires at least 5 years of relevant professional experience, which can be gained in various sectors including banking, securities, insurance, or public sector roles such as those in ministries of finance, central banks, or international organizations. Candidates should have a solid understanding of financial markets and instruments, particularly in the context of disaster risk finance and regional financial cooperation.

Languages:
Proficiency in English is mandatory, both written and verbal. Candidates should demonstrate strong writing skills, particularly in producing documents such as meeting summaries. Additional language skills may be beneficial but are not explicitly required.

Additional Notes:
This is a fixed-term appointment 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. ADB offers competitive compensation and a comprehensive benefits package, including medical and health benefits, paid leave, life insurance, and opportunities for staff development. The position is open to both internal and external applicants, and ADB encourages applications from diverse backgrounds, particularly from women.