Financial Analyst Loan Accounting

Do you want to build a career that is truly worthwhile? Working at the World Bank provides a unique opportunity for you to join us to help our clients solve their greatest development challenges. The World Bank (WB) is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions (IBRD, IDA, IFC, MIGA, and ICSID) dedicated to ending extreme poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. 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.
The WB Finance & Accounting (WFA) Vice Presidency is responsible for all aspects of the financial reporting and internal control framework for IBRD and IDA, and the extensive Trust Fund/Partnership portfolio of the WB entities. It supports an appropriate fiduciary control framework and administering disbursements for Bank lending and leads the client service function for the WB’s corporate expenses.
Organizationally, WFA is comprised of three departments: (1) Corporate Accounting and Reporting, (2) Trust Funds and Loans, and (3) Financial Controls. In WFA, our mandate supports both internal and external clients while we focus on delivery, optimization, impact, and people & culture.
Within WFA, the Loan Accounting and Trust Fund Division (WFAAS) directly serves both the IBRD & IDA loan portfolios, and the WBG Trust Fund portfolio.
As it relates to the IBRD/IDA loans business, the team is directly responsible for the accuracy and completeness of the IBRD and IDA loan ledgers, overseeing quarterly loan ledger closings, and supporting the IBRD/IDA external audits.  The division is also responsible for servicing borrowers’ debt repayments, monitoring overdue status, and directly engaging with operational teams to facilitate timely repayments.  The division is also a focal point for preparing and researching loan portfolio queries and requests from senior management and is also engaged upstream in supporting and operationalizing new products, policies, and corporate initiatives.  The team is also accountable for ensuring strong internal controls over financial reporting of the IBRD/IDA loan portfolio and enhancing related systems and workflows to operationalize new IBRD/IDA loan products and policies.
The division regularly works directly with colleagues in IBRD/IDA corporate finance units and Operations including DFI, TRE, WFA, LEG, CRO, Senior Management, ED offices, in addition to the external auditors, IFC, MIGA and other MDBs.
The division is located in three locations:  HQ, Chennai, and Manila.  WFAAS is currently seeking a Financial Analyst to support the loan accounting team in Manila.
How your contributions will help us achieve our goals:

Selection Criteria:
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