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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
The Treasury Client Solutions Department provides IFC’s clients with innovative forms of local currency financing with a focus on the development of domestic debt markets to help increase the capacity for long-term local currency investment. The group has global responsibility for derivative transactions (cross currency swaps, interest rate swaps, currency forwards, and SOFR futures), structured products (securitizations, covered bonds, credit guarantees, risk sharing facilities, structured debt funds and similar structures), and debt capital markets including IFC’s own local currency bond issuances as well as managing IFC’s market-funded balance sheet jointly with other Treasury units.
IFC is looking for a dynamic and highly motivated finance professional to join the Treasury Client Solutions (TCS) Department in Washington D.C. focusing on the Asset and Liability Management of IFC’s market-funded balance sheet.
Duties and Accountabilities:
• Monitor, analyze and reconcile currency and interest rate exposure data on IFC’s market-funded portfolio, as well as make recommendations for hedging actions;
• Proactively identify and troubleshoot ALM related issues as they relate to systems, databases or pricing engines as a part of daily ALM;
• Work closely with other Treasury units to ensure the delivery of the required analytical and ALM-related outputs, reports and help prepare for management reviews in an accurate and efficient manner;
• Collaborate with the senior staff in streamlining and improving the overall ALM processes, various reporting and data analytics needs as well as overall business functions performed by Treasury Client Solutions Department.
Selection Criteria
• MBA/Masters (or equivalent) in a technical field (e.g. Finance, Business, Engineering, Math, Statistics, Physics, IT, etc.);
• A minimum of 5 years of relevant experience in finance, preferably in the areas of Asset-Liability Management (ALM), fixed income (including derivatives and foreign exchange), market risk management and/or quantitative modeling and analytics.
• Proven theoretical foundation in finance and strong quantitative skills including data analytics skills, experience in handling/querying large data sets and solid understanding of financial/business databases.
• Attention to detail and comfort in multitasking; ability to work independently and with teams; good oral and written communication skills with ability to present and synthesize data.
• Knowledge of treasury-related information systems and/or local currency operations is a plus.
• Experience in programming and analyzing financial data, and advanced knowledge of Excel, Bloomberg or Reuters is a plus.
• Proficiency in English is a must. Additional language skills would be a plus.
• Unequivocal commitment to diversity and inclusion. We will not tolerate racism, sexism, discrimination or prejudice of any kind or at any time.
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.