Intern (TD-TDFD)

Job Posting Organization:
The Asian Development Bank (ADB) is a regional development bank established in 1966, headquartered in Manila, Philippines. Its mission is to promote social and economic development in Asia. ADB has over 3,000 employees and operates in 49 countries across the Asia-Pacific region. The organization focuses on reducing poverty and improving living conditions through sustainable development initiatives, infrastructure projects, and financial assistance.

Job Overview:
The intern position within the Treasury Department's Funding Division at the Asian Development Bank is designed for individuals who are currently pursuing a master's degree or PhD in relevant fields such as engineering, finance, mathematics, or economics. The intern will engage in various tasks that contribute to the mobilization of cost-efficient funding for ADB operations through the issuance of bonds in both global and domestic capital markets. The role emphasizes the importance of maintaining strong relationships with investors, rating agencies, and underwriting banks, which is crucial for implementing ADB's funding and investor relations strategy. Interns will have the opportunity to develop innovative fixed-income pricing tools, analyze secondary market data, and support initiatives aimed at enhancing data quality and market-data integrity. This position not only provides practical experience in fixed-income markets and treasury funding strategies but also fosters professional communication skills through collaboration with internal stakeholders.

Duties and Responsibilities:
The intern will be responsible for a variety of tasks including but not limited to: developing innovative fixed-income pricing tools for both vanilla and structured notes, analyzing secondary market data and derivatives to identify cross-currency funding opportunities, supporting data quality and automation initiatives, and enhancing market-data integrity. Additionally, the intern will collaborate with internal teams to build hands-on expertise in fixed-income markets, structured products, and treasury funding strategies. The role will also involve reviewing and identifying cross-currency funding opportunities through secondary market analytics and derivatives, thereby contributing to the overall objectives of the Funding Division.

Required Qualifications:
Candidates must be currently enrolled in a master's degree or PhD program in engineering, finance, mathematics, or economics. They should possess excellent analytical, quantitative, and interpersonal skills, with the ability to work both independently and collaboratively within teams. A strong understanding of fixed income markets, financial mathematics, and derivatives is essential. Familiarity with Bloomberg Terminal, Microsoft Office, and Visual Basic for Applications is required, while experience with programming languages such as Java, C++, and/or Python is considered a plus. Excellent oral and written communication skills in English are mandatory.

Educational Background:
The educational background required for this internship includes enrollment in a master's degree or PhD program in relevant fields such as engineering, finance, mathematics, or economics. This academic foundation is crucial for understanding the complexities of fixed-income markets and financial strategies.

Experience:
The ideal candidate should have preferably 2-3 years of professional experience in investment banking, sales and trading, or financial management. This experience will provide a solid foundation for the analytical and quantitative tasks expected in this internship, as well as familiarity with the financial industry.

Languages:
Fluency in English is mandatory, with excellent oral and written communication skills required for effective collaboration and reporting. Additional language skills may be beneficial but are not specified as mandatory for this position.

Additional Notes:
The internship is expected to last for a duration of 11 weeks, starting in June 202

• This position is based at the ADB Headquarters in Manila, Philippines, and is classified as an intern position. The role is full-time, and candidates should be prepared to engage in a dynamic and collaborative work environment.