Senior Disaster Risk Financing Specialist

Job Vacancy | Thursday, March 12, 2026

Join Our Mission to Foster Prosperity in Asia

Are you ready to make a difference in the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.

Organizational Setting and Reporting Relationship

The position of Senior Disaster Risk Financing Specialist is assigned to the Climate Change and Resilience within the Climate Change and Sustainable Development Department (CCSD). CCSD leads thematic operations, knowledge innovation, and partnerships. You will be based at our Headquarters in Manila, Philippines.

You will report to Director, Disaster Risk Management and will oversee junior staff.

Your Role

As a Senior Disaster Risk Financing Specialist, you will contribute to the enhanced financial management of disaster and climate risk across ADB's developing member countries, working with ADB's operational departments to prepare and implement disaster and climate risk financing solutions and strengthen disaster risk financing capabilities in ADB's developing member countries.

·Provide policy advice and inputs to operational staff and clients in developing member countries (DMCs) to develop disaster risk financing strategies and approaches to enhance the financial management of extreme weather and geophysical events.

·Provide technical input for country programming to ensure disaster risk management (DRM) considerations are incorporated in Country Partnership Strategies/Country Partnership Strategy Midterm Reviews and Regional Cooperation Strategies/Regional Cooperation Strategy Midterm Reviews.

·Support the promotion, implementation and monitoring of DRM Action Plan approach in ADB's operations.

Operational Advice and Support

·Promote innovation and good practice, drawing on international experience and lessons learned.

·Provide technical inputs and advice to operational departments to identify, design, and implement disaster and climate risk financing solutions, including contingent disaster financing and risk transfer solutions.

·Provide analytical inputs into the assessment of disaster-related fiscal risk, government contingent liability, and the establishment of appropriate enabling environments, including as regards public financial management, post-disaster budget execution processes, and insurance legislation, regulations and incentives.

·Contribute to initiatives to strengthen the financial resilience of non-sovereign entities to extreme weather and geophysical events, e.g., of microfinance institutions, farmers, and small- and medium-sized enterprises.

Mobilizing and managing DRM finance

·Identify and help facilitate access to global financing facilities supporting the design and implementation of disaster and climate risk financing solutions.

·Support the implementation of multi-donor trust funds on disaster risk finance.

·Provide inputs to fundraising activities with donors and provide progress updates to donors as required.

Knowledge Generation and Sharing

·Connect ADB operational staff and DMC governments to global and regional communities, including centers of excellence, working on disaster and climate risk financing.

·Prepare knowledge products on disaster and climate risk financing, contribute to capacity development in developing member countries, and represent ADB at external events.

Qualifications

You will need:

• Master's degree or equivalent in Disaster Risk Management, Finance, Economics, Actuarial Sciences, Climate Policy, International Relations, Statistics, Environment, or related disciplines; or University degree and at least 5 years specialized experience relevant to the position can be considered.
• At least 10 years of relevant professional experience in disaster risk finance. International experience working in several countries.
• Demonstrable experience of disaster risk finance with developing country governments.
• Knowledge and understanding of regional policy on climate and disaster risk finance.
• Ability to communicate technical concepts simply and clearly to a range of audiences.
• Experience working in multilateral bank, intergovernmental organization, non-governmental organization or national government in the Pacific region.
• Understanding of disaster risk finance and its place in disaster risk management more broadly in a development context.
• Written and verbal proficiency in English, other languages an asset.
• Please refer to the link for ADB Competency Framework for TI2.

Benefits

ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.

● Paid leave (including parental)
● Medical and health benefits
● Life and other insurance plans
● Staff development
● Retirement plan
● Relocation (if applicable)
● Housing and education allowance (if applicable)
● Expatriate benefits (for international staff)

Additional Information

This appointment is open to internal and external applicants.

This is a fixed term appointment with option to renew, initially for a period of up to 3 years, or up to the Normal Retirement Date (NRD), whichever comes earlier, for the purpose(s) and conditions determined by ADB, in accordance with Administrative Order No. 2.01 (Recruitment and Appointment). After the initial fixed-term period, ADB may choose to renew the appointment for up to an additional 3 years or not renewed. This decision will be made in the overall interest of ADB, based on factors including but not limited to the requirement of Staff's particular blend of skills and experience for the medium-term work program of the organizational unit, sufficient funding to cover the renewed period, and Staff's performance and suitability for employment. There is no limit to the number of renewals up to NRD. However, this appointment is not convertible to a regular appointment.

About Us

ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is headquartered in Manila and owned by 69 members—50 from the region.

ADB only hires nationals of its 69 members.

To view ADB Organizational Chart, please click here.

ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.

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