Opening on: July 18, 2022 at 05:00pm (China Standard Time)
Closing on: August 08, 2022 at 05:00pm (China Standard Time)
Based in: Shanghai, China
Target Market: Global recruitment
The New Development Bank (“NDB” or “Bank”) provides opportunities to qualified and motivated young professionals to develop their professional skills and expertise in a dynamic multicultural environment and is inviting applications for the positions of Young Professional and Junior Professional, which are the entry-level positions for professional staff. Young Professionals and Junior Professionals are full-time regular staff and will have a four-year employment contract with NDB. NDB offers competitive salaries and a comprehensive benefits package designed to meet the needs of its internationally diverse workforce.
Under the leadership and guidance of the Chief, Integrity and Regulatory Compliance and other experienced professionals in the Integrity and Regulatory Compliance Division (“Division”), who will be assigned as mentors, the Junior Professional/Young Professional in the Division will multitask and undertake “stretch assignments” while gaining valuable on-the-job experience. This position will assist the Division in all areas related to compliance including, but not limited to, anti-fraud, anti-money laundering, know your customer, anti-bribery and corruption, integrity due diligence and corporate governance. In carrying out these functions, the incumbent ensure that the Bank remains in full compliance with all applicable regulatory/ statutory requirements, internal policies/ norms, as well as highest integrity standards in the industry.
Specific responsibilities include but not limited to:
Assist the Division in fulfilling its mandate by developing, implementing and monitoring various policies, guidelines, frameworks, self-regulatory norms and related processes in the Bank. Facilitate the ground-level implementation of initiatives undertaken by the Division to promote the foundation of sound compliance culture in the Bank and make sure a corporate culture in which compliance, fraud risk management, integrity and ethics are viewed by all stakeholders as an integral part of the Bank’s core values and are key parameters in all decisions taken by the Bank. Assist the Division in implementation of compliance management plan (including the compliance self-assessment, compliance testing, breach handling and rectification etc.) Design/develop/implement and monitor corrective action plans for resolution of current issues/ findings and ensure implementation of an effective compliance risk management framework to strengthen the overall effectiveness of compliance framework in the Bank. Assist the Division in preparation of necessary compliance related reports required by internal/ external stakeholders. Stay abreast with new laws and regulations and international standards / principles both locally and globally that might have an impact on the Bank and continuously improve existing policies and processes. Contribute to the Division’s outreach activities to staff and other stakeholders through information dissemination, presentations and meetings around Compliance to ensure that all staff and personnel of the Bank are well versed with all compliance norms, guidelines and processes. Other duties and responsibilities as may be assigned from time to time.Position requirements
For Young Professional: minimum of 3 years of relevant full-time professional experience (excludes summer/winter jobs, internship, traineeship, articleship, etc.) For Junior Professionals: minimum 1 year of relevant full-time professional experience is preferred. The relevant full-time professional experience excludes summer/winter jobs, internship, traineeship, articleship, etc. Candidates with less than one-year full-time professional experience, and fresh graduate who have obtained the education degrees, as required by NDB, could also be considered. Professional/Internship experience in a multilateral development bank or equivalent or regulated private sector financial institution or a regulatory agency with experience in at least one of the areas of compliance or internal audit and fraud control and ethics. Knowledge of internationally recognized compliance principles and integrity standards would be preferred. Experience in implementing complex fraud control and ethics programs would be preferred. Ability to deal with challenges associated with diverse workforce and relevant experience in a multi-cultural work environment fostering a climate of team work and collaboration. Quick learner, self-motivated and eager to absorb new knowledge relevant to daily work. Exceptional communication and interpersonal skills with high resilience and drive in achieving objectives and goals. Master’s Degree in law, accounting or a related professional field from a reputed university or a professionally qualified accountant. Relevant certification(s) from internationally recognized entities in the field of compliance, integrity and ethics is highly desirable.Eligibility:
Nationality: NDB encourages all qualified candidates who are nationals of NDB member countries to apply. Age: up to 32 years old (i.e., born on or after March 23, 1989).Note:
Application submitted after the deadline will not be considered. The candidates will be contacted by telephone or mail if NDB needs additional information. Only shortlisted candidates will be contacted by the Bank for the next stage of the recruitment process. If you have not heard from the Bank after 4 weeks of closing date of application, please consider your application unsuccessful. Please refer to How To Apply for more information.This is the supplementary recruitment of the Junior Professional, Young Professional positions for year 2022. Previous applicants of the position need not apply as their applications will be evaluated together with the new set of applications.
Please note, this position is being re-advertised. Previous applicants need not apply as their applications will be evaluated together with the new set of applications.
Please be sure to fill out all sections in English, without using ALL capital letters.
Please upload a resume/CV in English and do not upload a Resume/CV which has more than 10 pages.
If you are interested in applying for this position, please submit the application form given below. In case you face any technical difficulty in submitting the application form, please email your detailed Curriculum Vitae only in English and Word format along with the required information (Date of Birth, Nationality, Gender, Information on relatives working or associated with NDB, if any, etc.) to career@ndb.int. Please mention the Position Title you are applying for in the subject of the email.
This vacancy is archived.