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 Market Operations department is responsible for funding the balance sheet, cash and liquidity management and liquid assets investments.
The Cash Management team manages the corporations daily operational cash flows, performs liquidity planning tasks, and manages short-term investments and local currency investments.
The Funding team manages IFC’s Global medium-term note borrowing program, thematic borrowing programs and investor relations.
The Liquid Assets Management team invests liquid assets portfolios of the Corporation.
Duties and Accountabilities
The Analyst’s tasks and responsibilities will span the three units within CTM: Liquid Asset Management, Cash Management and Funding. The recruited staff will work as part of an Analytics team, with other staff and consultants. The position is based in Washington DC, and the assignment is expected to last between 2 and 3 years.
Responsibilities include, but are not limited to:
• Analytics: Develop analytical tools and provide analytical support to IFC Treasury units dedicated to raising debt capital and managing cash and liquidity.
• Reporting: Generate and maintain existing reports for all three units. Take initiative automating and enhancing existing reports.
• Trade booking maintenance: support traders in correcting trade-entry errors, updating reference-rate fixings, trade maintenance (Buybacks, Calls and Knockouts). Investigate cash flow discrepancies between IFC and its counterparties. Help with trade documentation, term sheets and legal/contractual agreements and regulatory filings.
• Build an understanding of activities in all three units within CTM. Actively seek knowledge needed to complete assignments and share knowledge with teammates. Create and maintain documentation of procedures followed.
Selection Criteria
• Bachelor’s degree with 2 years of experience or equivalent combination of education and experience.
• Applicants must have a degree in Quantitative Finance, Mathematics, Physics, Engineering or equivalent.
• Programming experience in Python and Excel VBA.
• Proficiency in working with databases and coding in SQL.
• Knowledge of booking systems such as Summit and Murex is a plus. Familiarity with Bloomberg APIs is preferable.
• Understanding of fixed income mathematics, strong interest in capital markets and treasury functions.
• Experience with data visualization software (such as Tableau, Power BI or other) is a plus.
• Creative thinking and ability to take initiative.
• High degree of motivation and commitment to highest ethical standards.
• Excellent verbal and written communication skills with a high attention to detail
• Strong sense of urgency, which is reflected in timely responses to client queries.
• Ability to work under pressure and meet deadlines.
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.