Do you want to build a career that is truly worthwhile? The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty and promoting shared prosperity. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.

Treasury is the Vice Presidency, reporting to the Managing Director and World Bank Group Chief Financial Officer, performing treasury functions for the IBRD and IDA and, to varying degrees, for other members of the World Bank Group and other public sector investors. Its activities are organized and grouped into the following departments: Capital Markets & Investment Management, Client Asset Management and Advisory, and Treasury Operations. Treasury has been a large and significant player in the international financial markets for over seventy years and has achieved a global reputation as a prudent and innovative borrower, investor, and risk manager. Treasury is responsible for: (i) managing approximately $200 billion in assets for the World Bank and other official sector investors; (ii) leading IBRD’s and IDA’s triple-A rated financing programs in international and domestic bond and derivative markets; (iii) conducting asset and liability management for IBRD’s and IDA’s balance sheets; (iv) overseeing the development and outreach related to the financing and hedging products the Bank provides for its developing-country clients; and (v) collaborating with the World Bank member countries to help build their capacity. Staff in Treasury regularly interact and collaborate with other Departments across the Bank and Finance Partners teams.

Treasury Operations is the Department (TREOP) which provides a full range of middle and back-office support for Treasury’s asset management, capital markets and banking functions. The Department is organized in three operational units: Asset and Liability Operations (TREAL), Banking Operations (TREBK), and Quantitative Solutions and Analytics (TREQA), supported by a TRE Technology Coordination function (TREFT)).

Treasury Asset & Liability Operations team (TREAL) team is responsible for supporting more than $ 300 billion and $500 billion in outstanding debt and derivatives transactions over their life cycle respectively for the IBRD, IDA, and more than 60 client portfolios. The team manages relationships with clients, broker dealers, custodians, agents, market counterparts, and technology vendors. In addition to managing the day-to-day operations, TREAL staff lead the research, coordination, and implementation of new products and markets across Treasury. The team has a heavy focus on, and takes a leadership role in, evaluating and deploying the latest products and technologies (core trading platforms and new initiatives and technologies like CBDC, blockchain, AI, robotics, etc.) to create efficiencies, reduce risk, and advance thought leadership amongst WB’s peers and clients. TREAL staff participate in capacity building programs for clients in these areas of expertise. TREAL staff recently co-led projects where the World Bank issued innovative digital bonds using blockchain technology and CBDC. In recognition of their efforts to advance capital markets and asset management, the TREAL team received several industry awards including for “Innovation in Reserves Management” (2021) and “Asset Servicing Initiative of the year” (2023). The team has twice been shortlisted for “Operations Team of the Year” award (2023 and 2024).

TREAL staff members are located in the Bank’s Washington DC headquarters, and in the Shared Service Centers in Chennai, India and in Sofia, Bulgaria.

Duties and Accountabilities:

The candidate will be responsible for, but not limited to, the following:

The candidate will be assigned to work in the Asset & Liability Operations (TREAL) team but may work with other teams and will be responsible for specific tasks related to other teams as well as other department-wide assignments, which will include a combination of, but not limited to, the following:

* Providing full support to Head of TREAL by managing their calendar, scheduling appointments; coordination of meetings and travel arrangements;
* Providing full range of administrative support to the teams (e.g., travel arrangements and arranging all logistics with the Travel Office, preparing the statement of mission objectives and itinerary);
* Providing full range of operational assistance to staff, including preparation/distribution of transaction documents;
* Lead the preparation, management, and tracking of Purchase Orders, Invoices, and other budget-related matters.
* Support teams by answering telephone calls, setting up meetings, reserving conference rooms, setting up audio/video conferences, requesting visitor passes, greeting visitors, procurement of office supplies and other general office services through ordering system;
* Provide leadership on quality control of electronic and hard copy documents to ensure consistency and compliance with established standards and procedures; as well as establish/implement/maintain effective monitoring, tracking, filing from PEGA (internal trade capturing system) to WBdocs, maintenance and archiving of terminated swaps/bonds documents, in compliance with Bank policies;
* Contribute to and manage the production of Treasury reports such as borrowing and investments reports and weekly/quarterly reports, respond to ad-hoc inquiries on deal statistics.
* Assist team in coordinating conferences/meetings/events, and assist in preparing required documentation/presentations/reports/newsletter, with strong PowerPoint skills;
* Handle ad hoc duties that may be assigned by the supervisor/s, Senior Financial Assistant or which may arise from other areas of the Treasury Operations Department. The Financial Assistant must be a dedicated team player with excellent organization skills, proactive, keen attention to detail, and a demonstrated ability to handle a variety of concurrent activities in a timely manner.
* Collaborates with other team members and/or acts independently to ensure that tasks and requests are timely dealt with, relevant background materials are available for meeA degree in relevant field and a minimum of 5 years relevant work experience or equivalent combination of education and experience. tings, deadlines are met, documents are of high quality and adhere to administrative and operational guidelines.
* Coordinates various meetings including front office meetings and ensures issuance of agendas and logistics for these meetings. Attends meetings and takes minutes as needed.
* Participate in TRE projects and business initiatives.
* Back-up support to TREOP and TRE Admin team.
* Bring the team together through the organization of team building events, get-togethers, retreats, and through other fun and creative ways.

The position(s) is based in Washington, DC, USA. However, candidate(s) may be required to work, at times, during Sofia, Chennai, and/or London hours depending on business needs.

Selection Criteria

– A degree in relevant field and a minimum of 1 year relevant work experience or equivalent combination of education and experience

– Thorough understanding, comfort, and demonstrated experience using Microsoft Office applications (Outlook, Word, Excel, PowerPoint, Teams) is essential

– Ability to work on tight deadlines, handle requests for multiple revisions, and strong interpersonal skills

– Dedicated team player with excellent organization and time management skills, keen attention to detail, and a demonstrated ability to independently respond to extensive and diverse inquiries and make decisions when multiple courses of action are possible

– High degree of judgment, tact and discretion in dealing with internal and external contacts at all levels, exercising good judgment in handling confidential and sensitive matters

– Excellent verbal and written communication skills in English, including ability to reorganize, edit and draft a variety of quality written outputs

– Willingness to learn about international development and the capital markets is a plus

– Highest ethical standards

– Proven capacity to multi-task, deliver results and respond quickly and effectively to requests. Ability to handle multiple concurrent transactions on a tight timetable, consistent with a high level of client expectations

– Original thinking / quick learning abilities with strong initiative and drive, as well as attention to details

– Good team player with strong interpersonal skills, and Commitment to work in a respectful, team-oriented and multi-cultural environment.

World Bank Group Core Competencies

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.

Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their third-year ET appointment are not eligible for future ET appointments.