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 2022, IFC committed a record $32.8 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.
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 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 and the 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.
Roles and Responsibilities
• 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 structuring and execution of IFC’s local currency bond issuances, by providing analytical and transactional support
• Build and adapt financial models associated with the structuring and pricing of transactions
• Conduct market research in local and international debt capital markets
• Contribute to business development and the marketing of treasury products 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 and prepare memos for internal approvals
• Participate in negotiations and travel as required
Selection Criteria
• Bachelor’s degree in Finance, Business or Engineering or an equivalent combination of education and experience
• At least 2 years finance experience, preferably 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
• Ability to multi-task and to pay attention to detail under tight deadlines and strong oral and written communication skills
• Experience in emerging markets and/or familiarity with IFC’s investment process would be a plus; Focus on South and/or East Asian markets is an advantage
• Highly motivated, results-oriented self-starter with proven capacity for teamwork
• Strong data analysis and financial modeling skills and Advanced knowledge of Excel, Bloomberg or Reuters is a plus
• Fluency in English is a must. Additional language skills would be a plus
IFC offers rewarding careers in a challenging environment that allows for professional and personal growth with:
• An exciting opportunity to work in key areas of strategic priority within IFC
• Exposure to a wide variety of transaction structures, asset classes, sectors and markets
• Client focus with potential to participate in due diligence missions and negotiations
• Work in a truly multicultural environment within IFC
• Join in IFC’s mission to promote sustainable private sector investment in developing countries, creating opportunity and improve people’s lives
• Exposure to cross-currency derivatives markets, local currency bond issuances, as well as structured finance transactions covering various asset classes and geographic markets
• Facilitate first-time transactions in emerging markets
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.