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ADB Jobs

Find out everything about Jobs and Careers with the ADB!

Working for an organization such as the Asian Development Bank (ADB) is an opportunity that could change your life. The organization combines good remuneration with meaningful work that can help millions of people improve their quality of life. You will be able to construct influential networks as well as receive encouragement to develop professionally. In addition, working for the ADB means having a global career with a global reach, in a multicultural and pleasant environment.

Because of the above-mentioned reasons, in addition to a competitive remuneration package, career mobility, and the support that successful candidates receive once they are assigned to a position at the organization, ADB Jobs selection processes are highly sought-after by many young professionals, making them highly competitive.

In pursuit of its mission, the OpenIGO network has developed support and guidance services, with the aim of highly increasing your chances of success in these competitive selection processes.

These include an Application Review and a Mock Interview – based on the Asian Development Bank’s original model.

 

HAVE YOU APPLIED FOR THE ADB YPP?

INTERVIEWS WILL TAKE PLACE LATER THIS YEAR, GET READY WITH OUR ADB YPP MOCK INTERVIEW NOW:

SCHEDULE YOUR ADB YPP MOCK INTERVIEW NOW!

 

For more information, access:

ADB Jobs – Products & Services

Our team has recently released a brand-new e-Book: “Asian Development Bank (ADB) Careers”. Check it out:


ADB overview

The Asian Development Bank (ADB) was created in 1960 to provide support for economic growth and increased cooperation between its member states. The bank offers loans, technical assistance, subsidies and other financial products that aim to guarantee the socio-economic development of its partners. ADB provides financing for the public and private sector and also develops partnerships with other multilateral, bilateral, private and commercial institutions to finance development in the Asia and Pacific region.

ADB’s main focus: Promoting the social and economic development of its member states and Asian partners.

Themes addressed by the ADB:

  • Public Sector (Sovereign Financing)
  • Private Sector (No Sovereign Financing)
  • Cofinancing Partnerships
  • Results-Based Lending for Programs
  • Trade Financing Program
  • Asian Development Fund
  • ASEAN Infrastructure Fund
  • Investor Relations

ADB Jobs - Selection Processes

In addition to the wide range of ADB vacancies listed on the institution’s website, the organization also has specific selection programs for some of their positions. We will present the main selection programs in this section.

1) ADB Young Professionals Program (YPP)

ADB’s normal selection processes, which can be found under “Job Opportunities”, generally refer to single opportunities, or to higher seniority levels. Therefore, in addition to all the typical requirements for excellent academic training, they usually require three to eight years’ worth of prior experience.

However, ADB has a specific professional hiring program for young people: the ADB Young Professionals Program (YPP). To know more about it, visit our page overviewing the whole program:

ADB YPP – Overview

2) ADB Internship Program

Along with the YPP, the ADB internship program is the main entryway for young professionals. The purpose of the program is to offer vacancies to graduate students, creating a link between the Bank’s operational needs, the area in which the intern is being trained, and the need for the intern to gain professional experience in order to take on future positions.

The program lasts a minimum of eight weeks and a maximum of six months. It is a paid internship and follows the specific rules of the project and function to which the intern is assigned.

Unlike the YPP, the internship program is usually restricted to the Manila headquarters. In addition, local and regional offices often have specific processes for internship programs in partnership with educational institutions in the region.

To know more about it, visit our page overviewing the whole internship program:

ADB Internships – Overview

3) Scholarship in Asia and the Pacific

Although it is not truly a professional program, ADB also offers scholarships for researchers and graduate students whose research is focused on development and who are residents of countries in the region.

The Bank hopes that future researchers may eventually be interested in joining the Bank or other private or public institutions in the region professionally.

Currently, the main scholarship offered is the ADB-Japan Scholarship Program (ADB-JSP). The program offers:

  • Payment of the institutions’ monthly costs;
  • A monthly stipend;
  • The purchase of books and other necessary materials;
  • Health insurance;
  • Travel expenses.

Depending on the research topic, ADB-JSP can also guarantee special assistance for thesis development, programming and language courses, or related preparatory courses deemed suitable for carrying out the research.

The fields of study accepted by ADB-JSP are:

  1. Science and Technology: Agriculture, Biological Science, Computer Science, Energy, Engineering, Environment, Forestry, Genetics, and Health.
  2. Economics, Business and Management: Accounting, Business Administration/Management, Commerce, E-Business, Entrepreneurship, Economics, Finance, International Cooperation, and Social Sciences.
  3. Development Studies: Asia Pacific Studies, Development Management, and Development Studies.
  4. Law and Public Policy: International Business Law, International Environmental Law, Policy Studies, Political Science, Public Administration, and Public Policy.

The eligibility criteria are:

  • Being a member of an ADB lending country or of the Japanese Official Development Assistance program;
  • Having been previously approved by one of the participating institutions;
  • Proven academic excellence in their graduate studies;
  • Having at least two years of professional experience after obtaining a bachelor’s degree;
  • Being 35 or under, with the exception of senior programs where the age limit is 45;
  • Being in good health;
  • Agreeing to return to your home country after the end of the course;
  • Executive directors, alternate directors, ADB management and staff, consultants, and close relatives of the aforementioned are not eligible for the scholarship;
  • Staff of ADB–JSP partner institutions are not eligible for the scholarship;
  • Applicants who do not reside in their home country are not allowed to apply.

4) ADB Visiting Fellow Program

In addition to the ADB-Japan Scholarship Program (ADB-JSP), ADB has another important professional partnership program with researchers and higher education institutions.

For researchers linked to academia who wish to gain parallel professional experience in a development bank, the Visiting Fellow Program is the most suitable option.

The program is focused on PhDs or PhD students performing research in the field of economics, in particular women and researchers from developing countries. Applications can be made at any time, but evaluations and results take place on a quarterly basis.

Due to its broad, interdisciplinary areas of expertise, ADB accepts researchers who carry out scientific investigation in the following areas:

  • Aid and Development;
  • Behavior and Decision Making;
  • Economics of Climate Change;
  • Employment and Labor Markets;
  • Financial Sector Development;
  • Governance and Institutions;
  • Growth and Structural Transformation;
  • Human Capital;
  • Infrastructure and Software;
  • International Trade and Finance;
  • Macroeconomics;
  • Money and Finance;
  • Poverty, MDGs, and Inclusive Growth;
  • Project Economic Analysis;
  • Regional Public Goods;
  • Social Protection;
  • Trade and Investment.

ADB Jobs - General Requirements

Before applying for a vacancy at an organization, it is important to understand which staff profile it employs and looks for in its selection processes. This will help you to: understand if your professional profile fits with what the organization is looking for; to get ready, in order to have greater chances of success in future selection processes, and to prepare better curriculum and application documents required for your application.

Therefore, an overview of the ADB staff profile will be presented in this section, so that you will be able to gain a better understanding of what this organization looks for in its human resources.

1) Educational Level

In the ADB selection process, the candidate’s academic background is a crucial attribute, having at first an eliminatory character, and later a classificatory one. The work normally carried out at the institution possesses a high level of complexity, demanding skills that are commonly obtained through higher education in areas such as economics, finance, accounting, and computer science, among others.

As they work for a bank, naturally, most of the ADB staff’s daily activities involve topics directly related to finance, such as macro and microeconomics, investments, and sector analysis. However, the complex dynamics of the institution, with its several fronts of action, result in an expansion of the professional qualifications needed of its staff.

A good example of this is ADB’s recent substantive focus, which goes beyond economic analysis, on issues of gender, environment and urban planning. Consequently, these themes, as well as those related to the economic sphere, also require a high level of qualification.

While not a requirement, ADB highly recommends that its staff, in addition to a bachelor’s degree, hold degrees at the MBA or a master’s, or doctoral degree in another field. However, the excellence of candidates who participate in the selection processes makes recommendation the rule, since in most cases, candidates with CVs considered average already possess one of the above-mentioned degrees.

2) Areas of Specialization and Expertise

In the. years since ADB was founded, its core functions have expanded greatly. Consequently, new thematic and sectorial knowledge have become fundamental to the IGO’s day-to-day operations. Currently, ADB comprises the following 18 sectors and thematic areas:

  • Agriculture and Food Security
  • Asia Pacific Tax Hub
  • Climate Change and Disaster Risk
  • Management
  • Digital Technology
  • Education
  • Energy
  • Environment
  • Finance Sector
  • Gender and Development
  • Governance and Public Management Health
  • Public-Private Parternships (PPPs)
  • Regional Cooperation and Integration
  • Social Development and Poverty
  • Sustainable Development Goals
  • Transport
  • Urban Development
  • Water

3) Professional Experience

Generally speaking, candidates who are successful in the various ADB selection processes have had some prior work experience. If your dream is to work for ADB, you should look to gain work experience in areas related to international development.

These experiences may take place at other international organizations, non-governmental organizations, in the government, or in the private sector. Your role may be as a consultant, volunteer, intern, researcher, or staff member. You should prioritize experiences linked to your area of expertise and contribute to the wide range of development topics, since the bank focuses on addressing development challenges.

Another aspect to consider is the importance of gaining work experience in developing or under-developed member countries, as most of ADB’s work focuses on these locations. This is not a requirement but could make a significant difference. Therefore, if you live in a developed country, do not miss an exchange or internship opportunity in a developing country.

4) Competencies and Skills

It is not just educational background and professional experience that are important in ADB’s selections. The organization rigorously assesses candidates’ competencies at all times during the process.

Therefore, you should aim to develop the desired competencies, as they will be evaluated and tested during the various stages of the ADB selection process and have significant weight in the recruiters’ evaluation.

Below, we list the most common competencies and skills required by ADB professionals to prepare for the different selection processes:

  • Technical Expertise
  • Commitment to contributing to development, cooperation, integration of countries in Asia and Pacific
  • Strong academic background
  • Prior professional experience
  • Experience in projects and programs for developing countries
  • Proficiency in written and spoken English
  • Strong teamwork and interpersonal skills
  • Enthusiasm for working in multicultural teams and across borders

ADB Jobs - Interview

To exemplify ADB’s interview mechanisms, we have used the ADB YPP interview stage below. Note that other opportunities at the ADB may vary slightly from this.

The ADB interview process generally includes two stages: a) Personality Assessment Interview (online); b) On-Site Interview (ADB’s HQ). The following sections will elucidate the differences between these two stages.

 1. Personality online assessment interview

The personality assessment ADB interview is conducted online (by video conference) and functions as a pre-selection phase for long-listing candidates. This phase aims to identify the presence of soft skills and general aspects of the candidates’ personality.

2. On-Site Interview (ADB’s Head Quarters).

 After the Online ADB interview, the Short-Listed candidates are invited to the ADB Head Quarter (Manila, Philippines), with all related costs sponsored, to a panel interview. For the On-Site Interview, ADB uses the traditional and technical interview model with the purpose of testing the candidates’ technical knowledge and their domain about the organization’s operations and objectives. 

Candidates are usually asked two types of questions:

    • Introductory and traditional questions (questions regarding the main motivation that led the candidate to apply for the ADB or questions about their experience and employment history
    • Technical questions regarding their working area or development and Asia oriented

To help you feel more secure and greatly improve your performance during the ADB YPP interview stage, OpenIGO Network has developed a mock interview, as per the ADB YPP model, with a specialized professional who has extensive experience.

Click on the link below to find out more about our ADB YPP Mock Interview service:

ADB Mock Interview

ADB Jobs - Salary and Benefits

ADB stipulates that a global study on remuneration, benefits, and compensations must be conducted and presented to the Board of Directors every five years.

The “2020 Comprehensive Review of Compensation and Benefits for International Staff, National Staff, and Administrative Staff” (CBR Report) was recently released, and presents the following general conclusions:

a) In the present international scenario of the new coronavirus (Sars-CoV-2) pandemic, there has been a trend of significant change in labor relations. These were initially seen as temporary but are now understood as being potentially permanent. Indeed, ADB will need to adapt to the “new norm” in terms of its policy on hiring professionals. This challenge, however, also represents a great opportunity, as the Bank has found great difficulty in attracting and retaining qualified professionals due to the fact that ADB is headquartered in Manila, a destination that many may find unattractive.

b) With respect to the remuneration of International Staff (IS), it is found that their remuneration, benefits, and compensation are in line with those of other IGOs, slightly above market and reasonably above public sector values. On the other hand, for senior levels (from level IS6), they are below the market value.

c) Regarding the remuneration of National and Administrative Staff (NS/AS) in Manila, it can be seen that the remuneration level is in the upper percentile, that is, remuneration and compensation are well above the market average.

d) For the compensation of National and Administrative Staff (NS/AS) in field offices (FO), it is apparent that the total compensation and compensation are above the market average, especially for senior levels.

Benefits

In addition to highly competitive remuneration, IGOs such as ADB are known for offering a wide variety of benefits to professionals and their dependents. The list of ADB benefits includes:

  • Comprehensive, international health insurance, as well as medical care at headquarters.
  • Life and disability insurance plans: Life, accidental death, disability, and occupational accident insurance are offered.
  • Vacation and Leave: 26 days of vacation are offered annually, as well as an average of up to 15 days of leave and 10 holidays.
  • Support in the case of unforeseen challenges: The Bank offers various types of support, such as a limited loan of 3 to 15 months’ worth of salary; reimbursement for travel expenses, such as the death of a family member; and emergency medical services, among others.
  • Retirement: ADB offers two retirement benefits, the Staff Retirement Plan (SRP) and the Defined Contribution (DC) Plan.

To know more, check out our upcoming ebook about ADB Jobs & Careers!

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