Description
The World Bank Treasury
Treasury has three departments and a compliance and controls team. Learn more about our organization: https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do.
The World Bank Treasury launched a global recruitment campaign to attract the best and brightest talent in the world. We encourage you to learn more about Treasury, its organization, people, and careers at treasury.worldbank.org/careers.
With employees based in Washington, Chennai, Paris, Tokyo, Singapore, and Sofia, the World Bank Treasury represents over 50 nationalities, and our leadership team hails from all regions of the world. We are proud to be an equal opportunity and inclusive employer. We have a dedicated and committed workforce and do not discriminate based on gender, race, ethnicity, religion, disability, sexual orientation, or gender identity. Learn more about Treasury’s greatest strength: its diverse and dedicated staff.
Within Treasury, the Capital Markets, Investments (CMI) department is responsible for managing annual funding programs for IBRD (approx. $55-65 billion) and IDA (approx. $10-15 billion) and building sustainable capital markets, managing liquid asset portfolios for IBRD and IDA (approx. $115-125 Billion), and the asset and liability management aimed at reducing risk on IBRD and IDA’s balance sheets. CMI also advises clients on loans and risk management products and structures financial products for development. CMI emphasizes achieving the best possible financial terms within prudent market, liquidity, credit, operational, and reputational risk parameters. CMI is comprised of six teams carrying out these responsibilities. The working environment is fast-paced and dynamic, as the teams regularly deal with new ideas, projects, and challenges.
The CMIFP team designs and implements financial products and provides advisory services that help clients maximize access to development financing and mitigate risks. The team helps clients find the most suitable financing sources and financial terms for projects. This includes project teams at different global practices (GPGs), country management units and government counterparts at the sovereign and sub-sovereign level. Depending on financing source and financing terms, our clients may be exposed to currency, interest rate and/or refinancing risks. They may also be vulnerable to natural disasters or commodity price volatility that have severe economic impacts. The World Bank offers a suite of financial products ranging from loans, credits, and guarantees; to risk management products, contingent credit lines, and insurance/reinsurance and derivatives. The CMIFP team also offers advisory services to help our clients on a variety of topics.
The Senior Financial Officer will be accountable for the work program assigned by the department manager and report directly to the TRECI Manager. The responsibilities will include, but not be limited to, the following:
•Building effective working relationships to understand client needs and constraints and to deliver customized financial solutions with:
•Helping staff and clients understand and implement the World Bank financial and risk management products and convene TRE expertise to develop innovative financial solutions for clients. More specifically:
Selection Criteria
2.In-depth knowledge of World Bank operations and lending instruments; financial and risk management products, debt capital markets, and TRE advisory services, including, sustainable finance and impact investments;
4.Proven networking capacity, with excellent interpersonal and negotiation skills. A high degree of self-motivation, positive attitude, and drive, with the ability to contribute to a team-based work environment;
6.Strong track record of developing and implementing innovative solutions and providing a responsive and proactive approach to clients’ needs;
8.Excellent written and verbal communication skills, including the capacity to communicate complex and technical issues with clarity to diverse audiences;
10.Fluency in English, and proven writing and communication skills;
11.Highest ethical standards.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.