Head of Remedial Management & RMOD Advisor

Asian Development Bank (ADB); Philippines; On-site; PHP 7,682,000 - 11,524,000; Full time

Benefits offered by this job

Housing and education allowance

Expatriate benefits

Retirement plan

Medical and health benefits

Paid leave

Life and other insurance plans

Staff development

Job summary

Asian Development Bank (ADB) invites a senior leader to join as Advisor, RMOD and Head, Remedial Management Unit, based at ADB Headquarters in Manila. This role drives strategic remediation across stressed and nonsovereign exposures, ensuring effective risk management and governance.

You will oversee RMOD-RMU, coordinate with PSOD and other departments, lead complex negotiations, and advise the ORM Head and Board on recovery strategies while promoting a strong risk culture.

Qualifications

• Master's degree in Finance, Business Administration, Economics, or related field.
• At least 15 years of relevant experience in remedial management, restructuring, recovery or related areas.
• Experience leading complex negotiations with borrowers, creditors, and partners.
• Experience across multiple markets in Asia preferred.
• Proven leadership and people-management capabilities.
• Fluent written and spoken English; international work experience.
• Familiarity with legal frameworks, bankruptcy laws; advantageous.

Responsibilities

• Provide strategic leadership and set RMOD-RMU direction.
• Manage RMOD-RMU resources including budget and staffing.
• Oversee Watchlist portfolio with PSOD for stressed assets.
• Develop processes for identification, classification, and management of exposures.
• Lead remedial, restructuring, recovery, and risk-mitigation strategies.
• Oversee management of nonperforming loans, guarantees, and equity investments.
• Provide guidance on complex financial, legal, and valuation analyses.
• Lead negotiations with obligors, creditors, advisers; represent ADB in forums.
• Advise ORM Head, Management, Board on strategies and reporting.
• Strengthen coordination with PSOD and other stakeholders; promote risk culture.

Skills

Remedial management

Credit risk

Negotiation leadership

Strategic leadership

Stakeholder engagement

International experience

English proficiency

Education

Master's degree in Finance, Business Administration, Economics, or related fields

University degree in finance, business administration, economics, or related fields

Job description

Asian Development Bank (ADB) invites a senior leader to join as Advisor, RMOD and Head, Remedial Management Unit, based at ADB Headquarters in Manila. This role drives strategic remediation across stressed and nonsovereign exposures, ensuring effective risk management and governance.

You will oversee RMOD-RMU, coordinate with PSOD and other departments, lead complex negotiations, and advise the ORM Head and Board on recovery strategies while promoting a strong risk culture.