Integrity Specialist

IMPORTANT INFORMATION:

Close relatives¹ of ADB staff, except spouses of international staff, are not eligible for recruitment and appointment to staff positions. Applicants are expected to disclose if they have any relative/s by consanguinity/blood, by adoption and/or by affinity/marriage presently employed in ADB.

¹Close relatives refer to spouse, children, mother, father, brother and sister, niece, nephew, aunt and uncle

Staff on probation are not eligible to apply. Applicants for promotion must have served at their position for at least one year and must have normally served at their personal level for at least two years immediately preceding the date of the vacancy closing date. Applicants for lateral transfer must have served at their position and personal level for at least one year immediately preceding the date of the vacancy closing date (reference A.O. 2.03, paragraphs 5.8 and 5.9).

In the event that the staff appointed to a new category (i.e. from AS to NS, or from NS to IS) is rated at 2 or lower in the first two performance reviews after appointment at the new level, they will return to the level occupied immediately prior to their appointment in the new category.

Overview

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.

ADB only hires nationals of its 68 members.

The position is assigned in the Prevention and Compliance Division (AIPD) within the Office of Anticorruption and Integrity (OAI).

Underpinned by ADB’s zero tolerance for corruption, OAI aligns with ADB’s commitment to strengthen governance across Asia and the Pacific as it mitigates integrity risks, investigates integrity violations, and promotes integrity among ADB’s stakeholders. OAI leads ADB’s integrity initiatives and comprises the Office of the Head, the Investigations Division (AIID) and AIPD.

AIPD raises awareness of and promotes ADB’s Anticorruption Policy and ADB’s role in combatting money laundering and the financing of terrorism; provides knowledge products and services; and develops and implements policy and capacity development activities for ADB stakeholders and developing member countries related thereto. AIPD also conducts proactive integrity reviews; recommends measures to mitigate or reduce integrity risks; and serves as ADB’s focal point and independent advisor on money laundering and financing of terrorism, tax integrity and other integrity risks.

To view ADB Organizational Chart, please click here.

Job Purpose

The Integrity Due Diligence function within AIPD, supporting OAI’s mandate, (i) strives to proactively identify, evaluate and minimize fraud and corruption risks, anti-money laundering and countering the financing of terrorism (AML/CFT) integrity risks, tax integrity risks, and related reputational risks affecting ADB or its operations; (ii) provides advisory support to other departments in relation to the management of such risks; and (iii) leads the implementation, execution and coordination of technical assistance programs in the areas of AML/CFT and tax integrity standards (DMCs).

The Integrity Specialist will conduct both complex and non-complex reviews and assessments to identify and address such risks to ADB, which includes independent and objective assessments on ultimate beneficial ownership structures and controls, and the management of risks pertaining to entities that participate, or are looking to participate, in ADB-financed, supported, or administered activities.

The position will work within a framework of broad policies, principles and goals, applying a high degree of autonomy in the selection of work methods. The incumbent will report to the Director Prevention and Compliance Division and may supervise national staff and administrative staff.

Responsibilities

• Conducts complex and non-complex integrity due diligence (IDD), including tax IDD, in accordance with relevant policies and procedures’ research and reporting, which includes conducting desktop research, oversight reviews of project-level assessments, as well as reviewing approved and proposed ADB projects, structures and jurisdictions; organizing field research, collating and analyzing data; assessing integrity-related, ML/TF, tax integrity and reputational risks to ADB; and preparing conclusions and recommendations with respect to ADB’s risk exposure to entities of interest.
• Assesses the extent to which intermediate jurisdictions are present in project structures, and presents potential tax transparency, price transfer, related party transactions, money laundering and/or other risks.
• Assesses potential noncompliance with tax reporting and anti-money laundering/combating the financing of terrorism (AML/CFT) requirements in ADB projects.
• Recommends actions that ADB can undertake to strengthen tax integrity and transparency, anti-fraud, anti-corruption and AML/CFT measures in projects.
• Reviews and, as necessary, helps draft appropriate disclosure language for project documents.
• Actively liaises with other offices as one of OAI’s IDD focal points.
• Undertakes rigorous analysis of results to provide relevant conclusions and recommendations.
• Conducts complex and non-complex employment screening due diligence, including the conduct of desktop background checks on recruitment candidates.
• Conducts pro-active monitoring of entities for profiling/data collection, analysis and advisory action, as required.
• As required, performs complex and non-complex IDD reviews for ADB procurement and consultant recruitment activities, including institutional suppliers and contractors.
• Contributes to, or drives the execution of, technical assistance to developing member countries in relation to tax integrity and AML/CFT
• Performs any other related matter, including the preparation of reports, analyses and advisories, as required.
• Recommends and assists in the development of policies, procedures and guidelines, as necessary to facilitate the delivery of OAI’s mandate.
• Provides advisory services to other ADB departments/offices in relation to potential exposures to fraud, corruption, and other inappropriate practices.
• Provides advice to other departments/offices in ADB, with respect to potential exposures to fraud, corruption, money laundering, financing of terrorism, tax evasion, tax transparency, and other risks and prohibited practices.
• Conducts seminars and workshops, delivers presentations, facilitates meetings to foster an understanding of ADB’s policies and procedures on anticorruption and AML/CFT, and disseminates capacity development tools and lessons learned.
• Develops and delivers effective outreach and training programs by applying lessons learned from the performance of staff duties and responsibilities.
• Provides coaching and mentoring to the OAI team, to ensure the on-going learning and development of individuals.
• Supports OAI management in the recruitment of OAI staff and consultants.
• Supervises the performance of reporting staff, consultants and/or contractors, provides clear direction, regularly monitors and conveys feedback on performance.
• Undertakes other work that may be assigned by the Director of AIPD and/or Head, OAI.

Qualifications

Relevant Experience & Requirements

• Master’s degree in business administration, law, project management, tax, finance, or related fields from a duly accredited educational institution; or alternatively, university degree in relevant fields combined with specialized professional experience relevant to the position.
• Preferably with professional qualifications such as a tax integrity/standards related certification, Certified Anti-Money Laundering Specialist (CAMS), Certified Fraud Examiner (CFE) or similar professional certification from a duly accredited educational institution.
• At least 8 years of relevant professional experience, demonstrating progression of responsibilities, including in a financial crime compliance-related field.
• Advanced understanding of international standards, principles and practices on financial crime compliance due diligence and tax integrity.
• Established reputation for integrity, sound judgment, fairness and discretion.
• Ability to perform under pressure and interact with others, with the utmost diplomatic and professional manner at all times.
• Demonstrated teamwork (ability to working with others to achieve more effective results), and conceptualization (developing viable solutions based on an understanding of institutional perspective and needs) skills and management of others.
• Ability to balance multiple work priorities effectively and adapt priorities in a changing environment.
• Excellent oral and written communication skills in English, including the ability to clearly and concisely prepare, present, discuss and defend issues, findings and recommendations at senior levels, and to produce complex and compelling reports.
• International experience working in several countries.
• Please refer to the link for ADB Competency Framework for International Staff Level 4.

General Considerations

The selected candidate, if new to ADB, is appointed for an initial term of 3 years.

ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s qualifications and experience.

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.

Please note that the actual level and salary will be based on qualifications of the selected candidate.