Closing on: May 27, 2025 at 11:59pm (China Standard Time)
Duty Station: Shanghai, China
Target Market: Global recruitment
Reporting to the Vice President and Chief Administrative Officer, this position will be responsible to formulate and implement HR vision and strategy for the Bank. The incumbent will be responsible for developing, implementing and monitoring all HR policies and programs of the Bank across areas such as talent acquisition, talent management, compensation and benefits, leadership, learning and development, performance management, succession planning for key positions, employee relations, diversity and overall HR operations to facilitate realization of Bank’s growth aspirations in-line with organizational goals.
Specific responsibilities include but not limited to:
Formulate, implement and improve Bank’s HR strategy, policies, programs and processes in line with Bank’s strategy and business goals.
Manage and lead various HR functions such as workforce planning, talent acquisition, compensation and benefits, talent management, performance management, leadership development, learning and development etc. and identify areas of improvement in consultation and coordination with all relevant stakeholders.
Lead communications on the HR strategies, policies and programs across the Bank.
Manage and optimize the HR budget of the Bank with the objective of being cost effective and efficient including use of technology, outsourcing etc.
Aim to make the Bank an Employer of Choice.
Keep abreast on the latest HR developments in the multilateral development institutions, financial institutions and the private sector and improve HR practices at the Bank. Maintain relations with the global HR professional associations.
Nurture talent and coach the team to ensure continuous learning and development of the team.
Other duties and responsibilities assigned from time to time.
Position requirements
Minimum of 15 years of relevant professional experience in the human resources area, culminating in a leadership role and position of influence, in a multilateral development bank or equivalent or regulated private sector financial institution or a large corporate enterprise.
In-depth knowledge of key trends in Human Resource Management including knowledge of technology solutions for innovative HR practices.
Proven experience in managing and leading all areas in the human resources function.
Strong leadership and managerial skills in managing a diverse workforce.
Exceptional strategic thinking, leading change, problem solving, communication, conflict management and resolution and interpersonal skills with high resilience and drive in achieving objectives and goals.
Relevant experience in a multi-cultural work environment fostering a climate of team work and collaboration.
Master’s Degree or equivalent in the field of HR from a reputed university. Relevant certification(s) from globally recognized certification agencies in the related field would be preferred.
The New Development Bank (NDB or the Bank) is a multilateral development bank established in 2015 by Brazil, Russia, India, China, and South Africa (collectively BRICS or the BRICS countries). As enshrined in its Articles of Agreement (AoA), the Bank is mandated to mobilise resources for infrastructure and sustainable development projects in BRICS and other
emerging market economies and developing countries (EMDCs), contributing to global growth and development.
To expand its reach and impact, NDB started expanding its membership in 2021. Since then, Algeria, Bangladesh, Egypt, United Arab Emirates, and Uruguay have been admitted by the Bank as its new members.The Bank's membership is open to all members of the United Nations.
By the end of 2024, the Bank had cumulatively approved around UDS 39 billion for 120 projects, in a range of operational areas such as clean energy and transport infrastructure, water and sanitation, digital and social infrastructure, and environmental protection, which reflect the diverse and evolving national development priorities of its members, especially those aligned with the United Nations 2030 Agenda for Sustainable Development and the Paris Agreement.
NDB is headquartered in Shanghai, China, and has regional offices in each of the founding member countries.
Website
http://www.ndb.int/
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