Senior Sustainable Finance Specialist / 250457

Tags: finance English Environment
  • Added Date: Monday, 09 June 2025
  • Deadline Date: Wednesday, 25 June 2025
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Senior Sustainable Finance Specialist

Job Vacancy | Tuesday, June 10, 2025

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  • Reference Number 250457 Position Level TI2 Department Sectors Department 3 Division Sectors Department 2 Location Asian Development Bank Headquarters Date Posted Tuesday, June 10, 2025 Closing Date Wednesday, June 25, 2025 11:59 p.m. (2359 Manila Time, 0800 GMT)

    Join Our Mission to Foster Prosperity in Asia

    Are you ready to make 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 Senior Sustainable Finance Specialist is assigned to the Financial Sector Office (FIN) within Sectors Department 3 (SD3). SD3 aims to deliver impactful sector strategy, initiatives, and integrated solutions that advance ADB's strategic agenda in the region. SD3, which is comprised of the Finance Sector Office (FIN), Human and Social Development Sector Office (HSD) and Public Sector Management and Governance Sector Office (PSMG): delivers or supports sovereign, nonsovereign, and advisory operations; delivers knowledge services; supports regional departments (RDs) and resident missions (RMs) in engaging with ADB's developing member countries (DMCs); and ensures ADB's technical leadership internally and externally,

    FIN leads policy development and dialogue, knowledge management, project quality assurance, sector analytic work, and loan and technical assistance (TA) processing and administration in the financial sector. You will be based at our Headquarters in Manila, Philippines

    You will report to Director, Financial Sector or designated technical international staff and may supervise junior team members.

    The selected candidate will be appointed with the title, \"Senior Financial Sector Specialist (Sustainable Finance)\".

    Your Role

    As a Senior Sustainable Finance Specialist, you will contribute to the development of sustainable finance in the financial sector and will support regional teams in FIN as well as other specialist teams by contributing to the formulation and articulation of finance sector policies and strategies supporting sustainable finance projects in Developing Member Country (DMC).

    Under ADB's New Operating Model, there will be significant flexibility in the assignment of responsibilities within sectors. Staff, as well as directors, may be requested to cover different geographies within a sector or different practice areas, subject to the skills and experience of the individuals.

    You will:

    A. Technical Leadership and Support

  • Oversee and support the development of strategies on sustainable finance for the finance sector in DMCs, covering areas such as banking sector, non-bank financial institutions, contractual savings, capital markets, financial infrastructure, financial governance, project finance, public-private partnerships, digital finance, municipal finance, among others, in consultation with relevant government agencies and Resident Missions (RMs).
Provide technical expertise and work in developing, structuring and implementing innovative financing approaches to help catalyze the investments required for supporting ADB operations on sustainable finance. This includes developing innovative finance solutions such as green bonds, commercial debt-for-nature conversions, carbon credits, sustainability-linked bonds and other capital market instruments. Lead and support work to explore industry trends, regulations and best practices, and apply sustainable finance strategies that align with ADB's goals. This includes creating implementation plans, conducting feasibility studies, and reviewing/revising existing frameworks to include sustainable finance principles. Maintains communications with and represents the Financial Sector in meetings with senior level government staff within the finance sector. Promote One ADB approach to work in partnership with regional departments, resident missions, sector group, private sector operations and other departments to find collaborative solutions to incorporating global best practices and new innovations in finance sector development.

B. Knowledge Management and Partnerships

Lead and support knowledge management work on sustainable finance, including developing capacity development programs for project staff and stakeholders. Support the organization and delivery of knowledge sharing/learning events. Lead and support regional financial cooperation and partnerships (MDBs, donors, UN agencies, private sector, academia, NGOs/CSOs and other development partners) to enhance ADB and country knowledge and best practices on sustainable finance Participate in external conferences and events and serves as a liaison to industry standard setting bodies. Provide corporate knowledge support, including reporting, briefing papers, speeches, talking points and support corporate initiatives on sustainable finance.

C. Strategic Development

Lead and support the preparation of Country Partnership Strategies (CPSs) and Country Operations Business Plans (COBPs), as needed. Provide strategic support in expanding the scale and scope of sustainable finance portfolio at ADB, including guiding development and implementation of relevant approach papers, operational plans and other strategic documents supporting sustainable, green, climate and nature investments. Lead and support quality assurance and compliance across finance sector lending and non-lending products and operations. Support the Financial Sector to interface, coordinate, and respond to other departments and offices on operational reviews and evaluations, strategic and procedural issues, development coordination, and other activities. Take other responsibilities and perform other tasks needed by the Financial Sector, the Solutions Group, and ADB.

D. Staff Management

Coach and mentor teams and individuals within the Financial Sector, and across the department, as necessary, to ensure their on-going learning and development. Supervise the performance of assigned staff, providing clear direction and regular monitoring and feedback on their performance.

Qualifications

You will need:

Master's Degree, or equivalent, in Finance, Economics, or related fields; or University degree and at least 5 years specialized experience relevant to the position can be considered At least 10 years of relevant professional experience in finance sector development, with good knowledge of the Asia Pacific region, and international experience working in several countries. Demonstrated expertise and project experience in emerging areas of finance, such as sustainable, climate and nature financing. Significant expertise within a specific area of ADB's operations (finance sector), or breadth across multiple areas with in-depth knowledge within one area. Expertise with recognized ability to lead projects and to share knowledge to benefit the broader ADB community. Ability to perform effectively as a mission leader or team leader; proficiency in supervision, coordination, and planning responsibilities over multi-disciplinary team. Ability to effectively mentor team members, providing guidance and advice on project or technical-related matters. Excellent oral and written communication skills in English. Excellent capabilities in relationship management, strong client and impact orientation, effective communication skills, strong problem solving and solution-oriented approaches, strong ability for collaboration and teamwork, and a high degree of responsiveness and reliability Two years of relevant experience outside ADB within the past five years is required. Years as an ADB-engaged consultant or contractor are considered experience outside of ADB. Please refer to the link for ADB Competency Framework for Technical International Staff Level 2.

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 (if applicable)

Additional Information

This appointment is open to internal and external applicants.

This position is crucial to the Workforce Rebalancing Framework (2022–2027), a strategic initiative aimed at enhancing ADB's in-house expertise previously sourced from the external workforce. The role seeks seasoned experts with substantial field experience capable of leading policy dialogue, and projects focused on delivering knowledge solutions. Successful candidates may occasionally undertake short-term assignments in other groups or departments when required.

This is a fixed term appointment with option to renew, initially for a period of up to 3 years, or up to the Normal Retirement Date (NRD), whichever comes earlier, for the purpose(s) and conditions determined by ADB, 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 up to an additional 3 years or not renewed. This decision will be made in the overall interest of ADB, based on factors including but not limited to the requirement of Staff’s particular blend of skills and experience for the medium-term work program of the organizational unit, sufficient funding to cover the renewed period, and Staff’s performance and suitability for employment. There is no limit to the number of renewals up to NRD. However, this appointment is not convertible to a regular appointment

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 50 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 its Strategy 2030.

ADB only hires nationals of its 69 members.

To view ADB Organizational Chart, please click here.

ADB seeks 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.

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