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.
International Finance Corporation (IFC), the private sector development arm of the World Bank Group, is a global investor and advisor committed to promoting projects in its developing member countries that are economically beneficial, financially and commercially sound, and environmentally and socially sustainable. IFC finances private sector investments, mobilizes capital in the international financial markets, and provides advisory services to governments and businesses in the developing world. IFC’s highly qualified and motivated professionals come from around the world and bring a wide variety of experiences.
The Treasury Client Solutions Department provides IFC’s clients with innovative forms of local currency financing, focusing on developing 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 Eurodollar futures), structured products (securitizations, covered bonds, credit guarantees, risk participations, structured debt funds and similar structures), and debt capital markets including IFC’s own local currency bond issuances.
IFC is conducting a search for a Financial Analyst to join the Treasury Client Solutions Department in Singapore, focusing on South Asia and East Asia Pacific. This is an exciting opportunity to join a team of fixed-income professionals, contribute to IFC’s strategic priorities and facilitate innovative transactions across a variety of structures, asset classes, sectors and markets in the Asia region.
The position will be based in Singapore
Duties and Accountabilities:
• Contribute to the structuring of hedging and funding transactions through derivatives and capital markets instruments and support traders in the execution of hedging transactions.
• Contribute to the structuring and pricing of structured finance transactions.
• Contribute to the structuring and executing IFC’s local currency bond issuances by providing analytical and transactional support.
• Build and adapt financial models associated with the structuring and pricing transactions.
• Conduct market research in local and international debt capital markets
• Contribute to business development and the marketing of treasury products to clients.
• Establish relationships with key stakeholders, including international investment banks, local banks, capital market firms, investors, and regulators.
• Provide analytics for investment committees and prepare memos for internal approvals.
• Participate in negotiations and travel as required.
Selection Criteria
• Bachelor’s degree in finance, Financial Engineering, Financial Economics, Statistics, Actuarial Science, Mathematics or Engineering or a related quantitative field;
• At least 2 years relevant experience in fixed income (including derivatives) and/or structured finance (securitizations, credit guarantees, risk participations, structured debt funds and similar structures) within an investment bank, rating agency, or other capital-markets-related entity
• Experience in emerging markets and/or familiarity with IFC’s investment process would be a plus; Knowledge about South and/or East Asian derivatives and structured products markets is an advantage.
• Highly motivated, results-oriented self-starter with a proven capacity for teamwork.
• Strong data analysis and financial modelling skills and advanced Excel, Bloomberg, and Reuters knowledge. Knowledge of statistical software packages would be a plus.
• Fluency in English is a must. Additional language skills would be a plus.
• Ability to multi-task and pay strong attention to detail under tight deadlines.
• Strong oral and written communication skills.
• Good interpersonal skills with a proven ability to work in a team.
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.