Risk Associate

Risk Associate - New Products The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing Infrastructure for Tomorrow in Asia and beyond - infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 111 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled, and promotes regional connectivity. The Risk Associate - New Products will help ensure AIIB's operational readiness to offer new products to its clients. The candidate will support the New Product Working Group (NPWG) Chair in managing the Bank-wide NPWG as part of the NPWG Secretariat function as well as internal Risk Management Department (RMD) new product activities. They will actively liaise with key stakeholders both within RMD and across the Bank to facilitate efficient communication regarding the operational readiness of new products and proactively manage NPWG Secretariat activities and tasks and support the Bank's efforts to operationalize new or amended products. Responsibilities: Manage the day-to-day affairs of the NPWG, supporting the Chair in coordinating the new product process with relevant stakeholders across multiple departments. Schedule meetings and distribute agendas in a timely manner. Record and circulate meeting minutes. Maintain an action point tracker, and follow up on outstanding items. Disseminate all NPWG-related materials and emails to relevant parties, including reminders about deadlines and pending actions. Actively engage in the assessment of operational readiness of new or amended products throughout the project approval process by reviewing relevant product characteristics and documentation throughout the project approval cycle. Maintain a close relationship with the Project Management Development team to ensure timely prioritization and new products' operational readiness. Work closely with the NPWG to identify operational gaps and key risks associated with new products, and propose mitigating solutions, including defining clear roles and responsibilities. Support the review of institutional capacity requirements, including manpower and system readiness, to support new products. Maintain quality control over new product document submissions. Coordinate the submission, review, and approval of new product applications, ensuring NPWG members adhere to new product project timelines. Help prioritize new products and address resourcing and system requirements through relevant channels. Disseminate information on new products in a timely and regular manner to all stakeholders. Help drive the utilization of AI solutions to support operational readiness for new products. Fulfill any other responsibilities as assigned. Requirements: Minimum 3-5 years of experience in financial institutions or similar sectors. Master's degree or equivalent in related fields (e.g., mathematics, finance, or economics). Strong knowledge of financial products and product features. Experience in project management is a plus. Excellent organizational skills, with high attention to detail, structure, and process. Strong interpersonal skills, a collaborative mindset, and the ability to take initiative. Strong analytical and critical-thinking skills. Excellent oral and written communication skills in English. 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 in AIIB's mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond. Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB. ALL CURRENT VACANCIES * Closing Date: All opportunities close at 11:59 p.m. (GMT+8) on the dates listed. ** Job Type: Recruitment of staff is conducted through a merit-based competitive selection process. AIIB shall strive to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation or nationality.