Closing on: September 2, 2026 at 11:59pm (China Standard Time)

Duty Station: Shanghai, China

Target Market: Global recruitment

Position requires relocation to NDB Headquarters in Shanghai, China.

Job Description: Chief, Market Risk 

Reporting to the Director General, Risk Management, this position will be responsible for leading liquidity and market risk management, including assessing, monitoring and reporting of these risks in line with the Bank’s policies and guidelines. The role also requires periodic benchmarking of bank’s market and liquidity risk management framework against best and emerging practices to enhance controls and mitigate potential market and liquidity risks for the Bank. The incumbent will also be required to raise risk awareness and mitigation in the Bank through various appropriate interventions.

Specific responsibilities include, but not limited to:

  • Develop, implement and manage the risk management framework, models and methodologies for assessing and mitigating market and liquidity risks in accordance with the Bank’s policies and market best practices in the financial industry.
  • Monitor the appetite of the Bank with respect to major market risks and contribute to asset/liability allocation of the institution.
  • Propose, monitor and update key market risk indicators, draw implications for the Bank’s operations and implement corrective actions to mitigate risks.
  • Develop stress testing modelsto measure the impact of market and liquidity risk on Bank’s operations and take measures to minimise the risk exposure.
  • Develop, implement and manage models for key market risk factors and risk premia, such as: interest rate (yield curves and spreads), foreign exchange and equity risks.
  • Conduct assessments on single trade and add-up position of treasury business.
  • Analyse and report on the Bank’s liquidity position, monitor actual and projected liquidity positions and ratios by reference to various liquidity risk indicators and early warning signals.
  • Continuously review and improve the Bank’s risk appetite and risk management practices, models etc. Maintain reporting on the Bank’s market risk appetite and exposure for consideration by the Board and its committees, as per guidelines.
  • Identify and manage the risks, including new and/or emerging risks to which the Bank is or could be exposed.
  • Develop, enhance and perform regular operations for economic capital (value at risk, expected shortfall, stress testing) and for liquidity risk measurement.
  • Validate periodic valuations of market portfolios of the Bank.
  • Coordinate with other internal teams in the Bank and set up a process for information exchange leading to efficient risk management practices.
  • Develop and manage market risk management products/tools and training modules, risk management systems and process documentation and ensure dissemination of information to the relevant stakeholders in the Bank.
  • Provide support to the Director General, Risk Management in overseeing and managing other areas of the Department, including Credit Risk and Operational Risk, from time to time, as required.
  • Nurture talent and coach the team to ensure continuous learning and development of the team.
  • Other duties and responsibilities assigned from time to time.

Position Requirements

  • Master’s Degree or equivalent in economics, finance, engineering, mathematics, statistics, computational sciences or other relevant professional field from a reputed university. Additional attributes or qualifications would be a plus, including a PhD or academic publications in the field or certifications from globally recognized certification agencies.
  • A minimum of 12 years of highly relevant, post-qualification professional experience is mandatory, gained within a multilateral development bank or an equivalent regulated public or private-sector financial institution, with direct, hands-on responsibility for market and liquidity risk management at an institutional level, including demonstrated experience in leading and managing a risk function/team.
  • In-depth knowledge and experience of market and liquidity risk management practices, standards and quantification tools like gap analysis, earning (NII) simulations, economic value of equity simulations (EVE), value-at-risk (VAR) etc.
  • Good problem solving, communication and interpersonal skills with high resilience and drive in achieving objectives and goals. High desire for innovation and learning.
  • Strong quantitative and qualitative analytical skills and experience in modelling and coding.
  • Strong knowledge and substantial practical experience in other key risk areas, particularly Credit Risk and Operational Risk, including the assessment of non-sovereign counterparties, would be highly desirable.
  • Leadership and managerial skills in managing a diverse workforce.
  • Relevant experience in a multi-cultural work environment fostering a climate of team work and collaboration.

For candidates based in Russia, should you encounter any technical difficulties, please email a screenshot of the issue along with your resume and cover letter to career@ndb.int. In the subject line, include the Job Title and Requisition Number; in the body, please provide your date of birth, nationality, email address, and phone number.

At Impactpool we do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify. Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.