Business Analyst - Tenders Global

Business Analyst

World Bank

Business Analyst

Job #: req25290
Organization: World Bank
Sector: Treasury
Grade: GE
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment
Location: Washington, DC,United States
Required Language(s): English
Preferred Language(s): English
Closing Date: 12/14/2023 (MM/DD/YYYY) at 11:59pm UTC


Doyou want to build a career that is truly worthwhile?The World Bank is one of the world’s largest sources of funding and knowledge for developing countries. The World Bank works in more than 100 developing economies to improve living standards and fight poverty. For each client, the World Bank uses financial resources and extensive experience to help our client countries to reduce poverty, increase economic growth, and improve quality of life. The International Bank for Reconstruction and Development is the original member of the World Bank Group and is owned by 189-member countries whose views and interests are represented by a Board of Governors and a Washington, DC-based Board of Directors. There are five World Bank Group institutions, each of which specialize in different aspects of development: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID).For more information, visit

The Pension and Endowments Department (PEN) is responsible for the financial management and administration of the World Bank Group’s funded benefit plans, including the retirement scheme – the Staff Retirement Plan, the retiree medical and life insurance programs – the Retired Staff Benefits Plan, and other ancillary benefits. The financial management includes asset management responsibilities and actuarial support. PEN manages about $37 billion US dollars invested across a range of asset classes, from fixed income to public equities to private equity, real assets, absolute return and credit strategies. The Pension Finance Committee, appointed by the Bank Group President and chaired by the Chief Financial Officer, has oversight responsibility for the financial management of the plans. PENs responsibilities also include the delivery of technical assistance on multi- asset class investment management to pension plans, endowments and funds for the future, and the management of the Pension Administration function. PEN identifies, selects, evaluates, and monitors investments, through outside managers, globally.

The Pension Middle Office team (PENMO) under PEN is responsible for providing a full range of functions supporting these investment activities, including the following: i) pension plan operational activities, ii) pension plans financial statements, iii) pension investment performance and attribution, iv) asset class exposure monitoring, v) all investment asset pricing and valuation, and vi) third-party clients reporting.

The World Bank Group is committed to achieving diversity in terms of race, gender, nationality, culture, and educational background. Individuals with disabilities are equally encouraged to apply. All applications will be treated in the strictest confidence. Staff on Regular, Local Regular, Open-Ended, and Term appointments are eligible for the Assignment. Re-entry at the conclusion of the Assignment must be guaranteed by the releasing unit.

Duties and Accountabilities

Under the guidance and supervision of a Team Leader, the selected candidate will be responsible for specific individual tasks/projects and for working as an integral part of the team in executing PENMO’s work program. The selected candidate will serve as business analyst role in the team and liaise between the business team and IT team to support IT initiatives. As a business analyst, his or her primary responsibilities will include, but not limited to, some combination of the following activities:

Assist with system implementation, configuration and setup and ensure seamless transition to new systems.

Act as a liaison between the business team, Pension Investment team and IT team on system access, connection, System design and configurations etc.

Support operational and other business activities by working with internal and external parties.

Support the automation initiative to enhance reporting using macro and tools such as MS Power BI, SharePoint, Oracle database, Data Lake etc.

Assist with streamlining, structuring and maintaining the golden copy of data in an Oracle database leveraging various sources custodian records, internal database, Investran, Burgiss, and any other system the PEN team uses.

Assist with coding in SQL, Python and any other language to leverage the databases (Oracle and/or internal database) to support the team with analytics and ongoing Plan level and asset class specific reporting. Use specialist knowledge to institute best practices in designing databases, coding and leveraging advanced features of Power BI.

Support streamlining of spreadsheets used for regular key deliverables using macros and other advanced Microsoft Excel features. Support automation initiatives to improve process efficiency for the teams diversified work program.

Train team members to support ongoing maintenance and updates of the databases and programing to accommodate changing business requirements.

Assist in a variety of tasks in the team including but not limited to financial reporting, creation/maintenance of reporting dashboards, the annual audit and pricing.

Communicate effectively with the investment team and staff both in Chennai and in Washington, D.C. headquarters on the status of all assigned activities.

Selection Criteria

1. Bachelors or Masters degree with 2 years of experience or equivalent combination of education in finance or accounting. Professional qualification such as CA, CPA, CFA would be a strong plus.

2. The qualified candidate should have a sound understanding of World Bank systems, programing languages and be able to serve as a liaison between the business team and IT to support IT initiatives.

3. Seasoned finance professional with experience 1) to manage an Oracle database, 2) coding and algorithms in python, SQL or any other languages, 3) build analytics using data visualization to perform analytics and/or identify risks.

4. Advanced experience with Power BI, Power Queries, proficiency in Excel macros and/ or a programing expert who works in a transparent way, and with the ability to train department users.

5. Record of accomplishment in bridging business requirements and IT support.

6. Good knowledge of the Banks IT infrastructure, applications, policy and procedures, and able to troubleshoot and resolve issues.

7. Proven ability to multitask, deliver results and respond quickly and effectively to requests. Ability to work under pressure and attention to detail.

8. Excellent verbal, written and interpersonal skills, including the capacity to communicate and discuss complex technical reporting issues in simple terms, both verbally and in writing.

9. Having the highest ethical standards.


Financial Market Literacy Understands financial market processes reads and analyzes financial reports and data such as holdings, valuation, performance, attribution, compliance, account reconciliations, position, margin, and settlement and risk reports.
Process and Infrastructure Development Makes recommendations to improve the efficiency of the performance, accounting, business risk or operations process.
Lead and Innovate Contributes new insights to understand situations and develops solutions to resolve complex problems. Adapts as circumstances require and manages impact of own behavior on others in context of the WBG’s values and mission. Identifies and pursues innovative approaches to resolve issues.
Deliver Results for Clients Adds value by constantly looking for a better way to get more impactful results sets challenging stretch goals for oneself. Possesses a client focused perspective by asking probing questions to understand unmet needs. Demonstrates accountability for achieving results that have a development impact and financial, environmental, and social sustainability. Identifies and proposes solutions to mitigate and manage risks.
Collaborate Within Teams and Across Boundaries Appropriately involves others in decision making and communicates with key stakeholders. Approaches conflicts as common problems to be solved. Actively looks for and considers diverse ideas and approaches displaying a sense of mutuality and respect. Integrates the WBG perspective and values into work.
Create, Apply and Share Knowledge Leverages department’s expertise and body of knowledge across WBG to strengthen internal and/or external client solutions. Seeks to learn from more experienced staff to deepen or strengthen their professional knowledge and helps others to learn. Builds personal and professional networks inside and outside the department unit.
Make Smart Decisions Seeks diversity of information and inputs, researches practical solutions, and generates suggested options. Identifies and understands risks and proposes recommendations. Based on risk analysis makes decisions in a timely manner within own area of responsibility, considering the interests and concerns of wider stakeholders.

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 theWorld BankandIFC, including our values and inspiring stories.

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