Chief Risk Officer

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 105 approved members worldwide. We are capitalized up to USD100 billion and Triple-A-rated by the major international credit rating agencies. Working with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.  

The Chief Risk Officer (CRO), as head of the Risk Management Department, oversees all of AIIB’s financial and nonfinancial risks and leads the continued evolution of risk management in the Bank to facilitate AIIB's continued growth path.  They provide guidance on emerging risk issues, recommend the proper course of action to mitigate and manage such risks, and foster a corporate risk culture essential for AIIB’s financial sustainability. 

This position reports directly to the President.

Responsibilities:

• Ensure that all risks are monitored and managed to safeguard the financial sustainability of the Bank;
• Regularly review and continuously implement AIIB's comprehensive Risk Management Framework, covering all financial and nonfinancial risks;
• Advise the President and senior Management on potential and emerging operational, financial and project portfolio risks;
• Formulate AIIB’s Risk Appetite to help the Bank achieve its strategic objectives while safeguarding its long-term sustainability.
• Periodically review appropriate methodologies, policies and rules, processes for consistency with industry best practice and provide assurance to outside parties about AIIB's adherence to risk policies and processes.
• Monitor all aspects of financial and operational risks and provide regular reports to senior Management, the Board of Directors and the Board’s Audit and Risk Committee.
• Promote and strengthen risk awareness and risk culture throughout the Bank, provide training programs to effectively disseminate risk know-how.
• Analyze and monitor the credit quality and risk profile of the Bank’s asset portfolio, including the identification of risk factors. Conduct regular stress testing to identify risk mitigation actions and trade-offs;
• Assess and manage non-performing and impaired transactions to safeguard asset quality and minimize potential losses;
• Support the effective implementation of the three lines of defense for risk management and governance, working closely with other departments; 
• Coordinate with the Investment Operations; Finance; and Strategy, Policy and Budget departments on identifying strategic risk trade-offs while ensuring compliance with the Bank’s Risk Appetite and relevant policies and procedures.
• Represent the Bank in relevant fora and networks with multilateral development banks and leading financial institutions, among others.

Requirements:

• Minimum of 20 years relevant experience in risk management obatained from multilateral development banks and/or global financial institutions. 
• Substantial experience in managing financial and investment risks, including counterparty credit risks, market risks, as well as operational risks in a complex global financial service setting.
• Extensive knowledge and experience about modern risk management concepts, methods and processes.
• Proven ability to understand Bank-wide issue and to structure, innovative, integrated solutions to ensure effective risk monitoring and management
• Demonstrable managerial track record with demonstrated ability to lead, mentor and motivate a multicultural and diverse team.  

• Excellent interpersonal and communication skills.
• Fluent in English, both oral and written. 
• University degree (master’s degree or higher) or equivalent in risk management, finance management or related fields. 

AIIB is committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability or sexual orientation.

Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment.