Description
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org
IFC’s Treasury Client Solutions Department is a client-facing transaction-structuring and execution team that provides IFC’s clients with innovative fixed-income solutions. The group has global responsibility for derivative transactions, structured products, local currency solutions, and debt capital markets solutions.
The department is looking to appoint a highly motivated finance professional to join the EMEA team in London, covering markets in Africa, Middle East, Europe and Central Asia. This is an exciting opportunity to work in a truly multicultural environment, contribute to IFC’s strategic priorities and facilitate innovative transactions across a variety of structures, markets, and sectors.
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.
Roles and Responsibilities:
• Contribute to the structuring, pricing and execution of fixed income transactions for IFC’s clients including interest rate and currency derivatives as well as debt capital markets and structured products;
• Contribute to structuring and execution of IFC’s local currency bond issuances, by providing analytical and transactional support;
• Maintain and apply financial simulation models for structuring and pricing of transactions;
• Conduct market research in local and international derivatives, debt capital and structured credit markets;
• Contribute to business development and marketing of solutions to clients;
• Establish and maintain relationships with key stakeholders, including international investment banks, local banks, capital market firms, investors, and regulators;
• Provide analytics for investment committees, contribute to knowledge management and prepare documents for training, business development, and decision committees;
• Participate in negotiations and travel as required; and
• Contribute to documentation review, portfolio monitoring, and valuation as needed.
Selection Criteria
• Bachelor’s degree in Finance, Financial engineering, Economics, Statistics, Engineering, Actuarial Science or a related quantitative field;
• 2+ years of relevant work experience;
• Understanding of fixed income markets, interest rate and FX derivatives, and/or structured finance;
• Strong data analysis and financial modeling skills and advanced knowledge of Excel. Knowledge of database and statistical software packages would be a plus;
• Ability to multi-task and to pay attention to detail under tight deadlines;
• Excellent interpersonal skills with a proven ability to work in a team; and
• Strong oral and written communication skills.
World Bank Group Core Competencies
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.