Treasury Officer

Job offer at Asian Development Bank

Treasury Officer


Close relatives1 of ADB staff, except spouses of international staff, are not eligible for recruitment and appointment to staff positions. Applicants are expected to disclose if they have any relative/s by consanguinity/blood, by adoption and/or by affinity/marriage presently employed in ADB.

1Close relatives refer to spouse, children, mother, father, brother and sister, niece, nephew, aunt and uncle

Staff on probation are not eligible to apply. Applicants for promotion must have served at their position for at least one year and must have normally served at their personal level for at least two years immediately preceding the date of the vacancy closing date. Applicants for lateral transfer must have served at their position and personal level for at least one year immediately preceding the date of the vacancy closing date (reference A.O. 2.03, paragraphs 5.8 and 5.9).

In the event that the staff appointed to a new category (i.e. from AS to NS, or from NS to IS) is rated at 2 or lower in the first two performance reviews after appointment at the new level, they will return to the level occupied immediately prior to their appointment in the new category.


Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 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 68 members.

The position is assigned in the Investments Division within the Treasury Department (TD). TD performs a strategic role in efficiently planning, mobilizing, and managing ADB’s finances, with the view of protecting ADB’s solid financial standing to enable the Bank to deliver on its developmental goals. TD defines ADB’s asset and liability management policies on liquidity income management, currency management, and loan pricing. It coordinates increases in ADB’s general capital and raises funds in capital markets. TD also manages ADB’s investment portfolio to ensure that ADB’s liquidity requirements are met at all times.

The Treasury Department Investments Division (TDID) manages ADB’s liquidity portfolios within well-defined parameters of the Investment Authority and investment guidelines while seeking to achieve the highest possible return on investments. TDID undertakes currency transactions in connection with disbursements of loans and grants, and payments for administrative expenses.

To view ADB Organizational Chart, please click here.

Job Purpose

The Treasury Officer manages the daily cash flow positions of assigned currencies across various portfolios to determine the optimal investment horizon for available funds; executes investment transactions in money market, foreign exchange, and securities lending and/or repo markets; and assists in the implementation of various currency realignment and rebalancing exercises. The incumbent will report to a designated International Staff and senior National Staff.


a. Investment Transaction Execution

  • Executes investment transactions in money market, foreign exchange, and securities lending and/or repurchase markets in the best interests of ADB and in conjunction with Asset and Liability Management (ALM) policies and established guidelines and procedures.
  • Validates correctness of market data inputs from Reuters and Bloomberg based on assigned portfolios.
  • Keeps abreast of local regulatory requirements associated with assigned portfolios.
  • Oversees currency purchase requirements for loan disbursements, administration expenses and loan service payments.
  • Assists in the setup and preparation for processing of new investment instruments.
  • Ensures integrity of trade data.

b. ALM and Financial Policies

  • Participates in interdepartmental committees relating to funding requirements and other ALM issues.
  • Works closely with other units to facilitate information gathering and monitoring of the Treasury Department’s overall funding, investment, and cash management operations.
  • Assists in the implementation of various currency realignment and rebalancing exercises.

c. Coordination

  • Interfaces with other units and departments to address issues in respect of transactions executed.
  • Works closely with portfolio managers, middle- and back- office staff, counterparty banks and other financial institutions.
  • Coordinates the tracking and preparation of statistics of key risk indicators for operational risk monitoring.

d. Counterparty Risk Management

  • Ensures compliance of counterparty limits with relevant risk reports.
  • Keeps abreast with market developments and news to anticipate ratings actions that may impact investment counterparts.

e. Systems Development and Maintenance

  • Supports the maintenance and development of front-office systems.
  • Participates in reviewing established procedures and initiating changes to enhance operational efficiency.
  • Assists in the implementation and documentation of new business processes.

f. Business Continuity Program

  • Participates in business continuity planning exercises and updates documentation requirements (test scripts, updated contact details of counterparty institutions, depository banks and custodians, etc.).
  • Works closely with external auditors and other staff during annual attestation exercises.

g. Others

  • Supports and provides backup coverage to other members of the trading assistants’ team.
  • Coordinates the division’s training and development requirements and perform ad hoc duties as may be assigned.
  • Performs activities in support of ADB’s Organizational Resilience.


Relevant Experience & Requirements

  • Bachelor’s degree in Accounting, Finance, Economics or other related fields preferably with advanced training.
  • At least 8 years relevant experience in international fixed income investment operations with trading background using Bloomberg and Reuters Dealing 3000.
  • Institutional knowledge and experience of ADB’s investment operations in money market, foreign exchange, securities lending and/or repo markets.
  • Solid knowledge of fixed income investment instruments in major markets and related clearing systems, international bond market and foreign exchange market practices, and international payment systems and practices.
  • Analytical proficiency and strong numerical ability; ability to exercise independent judgment and perform financial analysis.
  • Proficiency in computer software in common use at ADB and specialized Treasury related software
  • Solid understanding of relevant Treasury and ADB-wide policies, procedures, guidelines and reporting formats.
  • In-depth understanding of the interaction between different work areas within ADB and relevant workflows and their purpose.
  • Excellent written and verbal communication skills in English is required

Please refer to the link for ADB Competency Framework:

General Considerations

The selected candidate, if new to ADB, is appointed for an initial term of 3 years.

ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s qualifications and experience.

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.

Please note that the actual level and salary will be based on qualifications of the selected candidate.

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