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.

Background & General Description:

As a member of Treasury Quantitative Analytics and Modeling (CTXQM) team, the candidate will participate in the various activities that are part of our team deliverables such as design and implementation of various analytical tools and valuation models, pre-trade analysis, data analysis and reporting, market research, and functions related to Assets and Liabilities Management (ALM).

Role & Responsibilities:
•  Support in the development of analytical tools and utilities to support new products and/or new initiatives using advanced tools and languages; provide production support to already developed tools and models as required.
•  Assist in validating the results and publish the reports from the new ALM Analytics system.
•  Analyze and validate the result based on the portfolio positions and market movement.
•  Resolve discrepancies and anomalies of the result.
•  Publish reports to clients.
•  Provide ad-hoc analysis and reporting to clients using analytical tools and programming languages.
•  Implement productivity enhancing utilities and applications.
•  Analyze the terms and conditions of complex derivatives transactions and map correctly to the system; perform trade related document processing.
•  Being part of the team supporting daily market data processing updates between Asset Control and Summit and valuations of derivatives and issuances.  Reconcile internal valuations with the market counterparts.  Provide valuation to our CRM clients.
•  Prepare and maintain documentation of individual and group work and procedures for various processes and functions,
•  To monitor, check quality of the data, investigate anomalies and react on various processes for report generation.
•  Evaluate and help in streamlining team’s routine processes and implementing innovative ideas using new technologies.
•  Help with the implementation and maintenance of exotic derivatives valuations models on the Numerix OneView valuation platform.  Independently check and validate the pricing models outputs against other sources including from counterparts.
•  Be a key member of TANGO (Treasury systems replacement) project including participating in the design, testing, and other relevant activities.

Selection Criteria

•  Master of Business Administration (MBA) or master’s degree in a technical field (e.g., math, engineering, statistics, econometrics, or finance) with at least two years of relevant market experience or an undergraduate degree in a quantitative discipline with at least four years of relevant market experience.
•  Knowledge of fixed income mathematics, derivatives and information technology.
•  Strong analytical skills.
•  High degree of motivation to enhance productivity and efficiency using computer system.
•  Careful attention to details and reliability of the output.
•  Ability to work under pressure.
•  Self-motivated and able to work in a diverse global team with the necessary soft skills.
•  Excellent communication skills to explain the logic behind the analysis.
•  Commitment to the daily production of error-free reports and other routine tasks.
•  College degree in Finance or Mathematics and/or experience in fixed-income analysis will be preferred.
•  Knowledge of Bloomberg, Reuters, Summit (Misys) will be a strong advantage.
•  Proficiency preferred in the various systems and applications used in our team including Summit, Numerix, Asset Control, Bloomberg, Reuters, C++, Python, VBA, Oracle, Excel and other tools.

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.