Posting date: 5 January 2018
Closing date: 4 April 2018
The Group Head (Financial Surveillance) will be responsible for developing the financial sector surveillance infrastructure and capacity at AMRO and building its data and analytics capabilities on financial stability monitoring.
Main responsibilities include:
a.) Developing the work programme for financial sector surveillance of the ASEAN+3 countries, as well as of countries that are of systemic importance to the membership.
b.) Building the necessary infrastructure and capacity for monitoring systemic risks via the development of techniques and tools appropriate to member countries; developing the bank stress testing toolkit for country teams.
c.) Monitoring developments in member countries, as well as in global systemically important countries and international financial markets, by engaging with country authorities and the private sector.
d.) Coordinating and/or contributing analyses on financial stability issues in country briefs and/or flagship reports.
e.) Ensuring consistency and quality of financial advice via reviews of documents produced within the organisation and close coordination with country teams.
f.) Initiating and overseeing research and other projects, such as conducting thematic studies arising from bilateral and multilateral financial developments, risk modelling, etc., and developing and disseminating key policy conclusions; providing thought leadership on the impact of international financial regulations on member countries.
g.) Determining the financial sector Technical Assistance (TA) needs of member countries, in collaboration with the ADB, and developing a TA programme.
h.) Leading the data collection and implementing a data management system for AMRO, which will include:
- Developing AMRO’s economic surveillance database (AESD).
- Coordinating with ADB staff to implement systems that support the implementation and maintenance (including data governance) of AESD.
- Identifying AMRO- and AESD-related processes and applications that require automation.
- Building new and bespoke member-country databases to support more innovative analytics.
The successful candidate should possess:
(i.) An advanced degree in economics or finance and at least 15 years’ experience in international finance, specifically in financial markets, surveillance and policy, preferably at an international financial institution or central bank; experience in financial markets, notably at a commercial or investment bank and/or asset manager would also be highly desirable.
(ii.) Extensive experience with bilateral and multilateral macro-financial surveillance, systemic risk analysis and stress testing, and financial regulation and policy; previous experience covering the Asia-Pacific region would be a significant advantage, while knowledge of other regions for cross-country analyses as well as potential spillover channels to Asia would be a big plus.
(iii.) An established track record in macro-financial research, including expertise in developing financial surveillance models, tools and indicators.
(iv.) Experience in conducting reviews of both country and policy related papers.
(v.) Experience with the funding and delivery of financial Technical Assistance programmes for member countries; hands-on TA experience would be an advantage.
(vi.) Extensive knowledge of database products in the areas of economics, financial institutions and instruments, and capital markets. Extensive experience with building financial databases. Experience with developing data management frameworks and processes at an organisational level; comprehensive knowledge of end-to-end data management platforms and functions.
(vii.) Excellent diplomatic and partnership skills; ability to build/maintain relationships with counterparts at other international financial institutions, country authorities and private sector contacts; wide network of contacts in policymaking and financial sector.
(viii.) Strong leadership and management skills, as well as motivating, mentoring and coaching staff. Ability to work well under tight deadlines and managing multiple tasks. Excellent oral and written communication skills.