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- Tasks: Lead risk management strategies and provide high-level advisory to the VP-CRO.
- Company: Join the New Development Bank, a key player in global finance and development.
- Benefits: Enjoy competitive salary, professional growth opportunities, and a dynamic work environment.
- Why this job: Make an impact on global development while collaborating with diverse stakeholders.
- Qualifications: Master's degree with 10 years experience or Bachelor's with 12 years in leadership roles.
- Other info: Position based in Shanghai, China; applications close on May 28, 2025.
The predicted salary is between 72000 - 108000 £ per year.
Closing on: May 28, 2025 at 11:59pm (China Standard Time)
Duty Station: Shanghai, China
Organisation Unit: Office of the Vice-President and Chief Risk Officer
Reports to: Vice-President and Chief Risk Officer (VP-CRO)
The Office of the Vice-President and Chief Risk Officer, under the VP-CRO, is functionally responsible for assisting the VP-CRO to achieve corporate, strategic, operational and other objectives, in all areas of work under the Vice-Presidency viz. Strategy, Policies, Partnerships, Risk, Budget Control, ESG and Procurement functions.
The Advisor, reporting directly to the VP-CRO, serves as a principal resource, providing inputs on all areas of work and matters handled within the Vice Presidency to support informed decision-making and execution. The Advisor also plays a key liaison role with all internal and external stakeholders.
Key Responsibilities
- Review, analysis and high-level advisory:
- Review complex proposals, and offer comprehensive recommendations that consider multiple stakeholder perspectives, including inputs from specialists within and outside NDB.
- Critically analyse and provide recommendations on the agenda papers of various committees of the Bank put up to the VP-CRO for decisioning.
- Provide independent research, analysis, insights and recommendations on key strategic and operational issues, including emerging trends, opportunities and challenges.
- Build and maintain collaborative relationships with internal stakeholders, departments and divisions, as well as with external stakeholders viz. senior officials from member countries, development finance institutions, and multilateral organizations.
- Support the Vice President in high-level meetings with government officials, financial institutions, development partners, and other strategic stakeholders.
- Provide oversight and quality assurance for key documents and outputs under the Vice-Presidency.
- Motivate/challenge team members to improve operational efficiency, pursue innovative approaches and enhance good governance across work areas.
- Lead special projects, initiatives and any other assignments as delegated by the Vice President.
Education and experience
- Master’s degree or equivalent from a reputed university, with a minimum of 10 years of experience and a proven track record in leadership roles within government, multilateral institutions or major financial organisations as well as experience in policy development, executive-level advising, interdepartmental coordination, stakeholder management and administrative tasks; or a Bachelor’s degree from a reputed university, with a minimum of 12 years of experience and a proven track record in leadership roles within government, multilateral institutions or major financial organisations as well as experience in policy development, executive-level advising, interdepartmental coordination, stakeholder management and administrative tasks.
- Fluency in written and spoken English is essential.
VP of Risk Management - New Development Bank employer: New Development Bank
Contact Detail:
New Development Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP of Risk Management - New Development Bank
✨Tip Number 1
Network with professionals in the risk management field, especially those who have experience in multilateral institutions or development banks. Attend industry conferences and seminars to meet potential contacts who can provide insights or referrals.
✨Tip Number 2
Stay updated on current trends and challenges in risk management, particularly in the context of development finance. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Prepare to discuss your leadership experiences in detail, focusing on how you've successfully managed teams and projects in previous roles. Use specific examples that highlight your ability to drive operational efficiency and foster collaboration.
✨Tip Number 4
Familiarise yourself with the New Development Bank's mission and values. Tailor your discussions to align with their objectives, showcasing how your background and skills can contribute to their strategic goals.
We think you need these skills to ace VP of Risk Management - New Development Bank
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and requirements of the VP of Risk Management position. Tailor your application to highlight relevant experiences that align with the job description.
Craft a Compelling CV: Your CV should clearly showcase your leadership experience, particularly in risk management and stakeholder engagement. Use quantifiable achievements to demonstrate your impact in previous roles.
Write a Strong Cover Letter: In your cover letter, express your passion for the role and the organisation. Highlight your strategic thinking and ability to manage complex stakeholder relationships, as these are key aspects of the position.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at New Development Bank
✨Understand the Role Thoroughly
Before the interview, make sure you have a deep understanding of the responsibilities and expectations for the VP of Risk Management position. Familiarise yourself with the specific duties outlined in the job description, such as stakeholder management and strategic advisory roles.
✨Prepare for Scenario-Based Questions
Given the nature of the role, expect scenario-based questions that assess your problem-solving skills and ability to handle complex situations. Think of examples from your past experience where you successfully navigated similar challenges.
✨Showcase Your Leadership Experience
Highlight your leadership experience and how it aligns with the requirements of the position. Be ready to discuss specific instances where you led teams or projects, particularly in high-stakes environments like government or multilateral institutions.
✨Demonstrate Stakeholder Engagement Skills
Since the role involves significant interaction with various stakeholders, prepare to discuss how you've built and maintained relationships in previous roles. Share examples that illustrate your communication skills and ability to collaborate effectively with diverse groups.
