Professional, Treasury | Jobs in China by New Development Bank (NDB) | Apply Now

JOB DESCRIPTION / ROLE

Employment: Full Time

Closing on: August 06, 2024 at 11:59pm (China Standard Time)
Based in: Shanghai, China
Target Market: Global recruitment

Position Objective
The Treasury Division, under the VP for Finance, is responsible for the development of treasury and cash management policies, strategies, and plans, including fundraising from capital markets, foreign exchange, and interest rate risk management, ensuring alignment with internal policies and objectives. These services are critical to securing the Bank’s credit rating and enables the organization to have a steady pipeline of resources to fund its programs.

This position is part of the ALM and Pricing team that is responsible for assessing and managing the NDB’s balance sheet and income statement with the objective to optimize the NDB’s financial position and minimise balance sheet risk. The team is responsible to ensure that all asset liability mismatches are identified, quantify and assess ALM risks and mitigated where necessary, conduct financial projects of the NDB’s balance sheet, assess capital adequacy, analyse net interest margin, determine the pricing for loans, and manage relationships with credit rating agencies. The incumbent will focus on the ALM functions described above and provide support to the team in other functions such as financial projects, loan pricing, and credit rating agency relations. Working through the Portfolio Management team, the incumbent will also execute derivative trades to mitigate balance sheet risks.

Purpose (Analyze):
- Analyse and assess interest rate and market risks arising from asset-liability mismatches, loan prepayments, guarantees, and other exposures.
- Propose mitigation strategies for identified risks.
- Conduct sensitivity analyses.
- Calculation and forecasting of risk limit utilization and identifying emerging risks.

Engagement (Collaborate):
- Propose and execute derivative transactions through the Portfolio Management team to mitigate risks.
- Provide input to new product development.
- Assist in design and maintenance of related policies and guidelines;
- Provide support to financial modelling, capital planning, and loan pricing.
- Provide advice on funding and investment decisions.
- Effective internal and external stakeholder engagement.

Delivery (Manage the project cycle):
- Monitor, review and provide assessment of ALM strategies.
- Analyse and report on net interest income from the loan portfolio and develop product profitability studies.

Requirements:

- Minimum 5 years of professional experience in ALM in a multilateral development bank, private sector bank, and/or financial institution.
- Master’s Degree or equivalent in a relevant professional field from a reputed university. Relevant certification/s from globally recognized certification agencies in the related field (such as CFA or FRM) would be preferred.
- Fluency in English essential to communicate in writing and speaking. Knowledge of a second language (preferably from one of the member countries) desirable.

ABOUT THE COMPANY

The New Development Bank (NDB) is a multilateral development bank (MDB) established by Brazil, Russia, India, China and South Africa (BRICS) with the objective of financing infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries. NDB’s work complements the efforts of multilateral and regional financial institutions, toward global growth and development.

Our work is centered around maximizing the impact of development in a fast, ﬂexible and eﬃcient manner. To catalyze the kind of development we envisage, we are always keen to listen, learn and collaborate with other MDBs, governments, ﬁnancial institutions and social organizations.

To fulfill its purpose, the Bank supports public or private projects through loans, guarantees, equity participation and other financial instruments.

Our headquarters is in Shanghai, China. The geographic distribution of NDB’s operations is becoming increasingly balanced as the Bank develops its capacity to identify and prepare projects in all member countries. The first regional office of NDB – the Africa Regional Centre (ARC) – was opened in Johannesburg, South Africa, in August 2017. In July 2019, NDB began to build the Americas Regional Office team, based in São Paulo, Brazil, with a sub-office in Brasília. NDB and the Government of Russia signed the Agreement on the Hosting of the NDB Eurasian Regional Centre in Moscow, Russia on the sidelines of the 11th BRICS Summit in Brasília in November 2019.