Financial Officer - Tenders Global

Financial Officer

World Bank Group

tendersglobal.net

<!–

Description

–>

The World Bank is one of the world’s largest sources of funding and knowledge for developing countries and 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. There are five World Bank Group institutions, each of which specializes 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).
Duties and Responsibilities:
  • CMIMS is searching for a talented Financial Officer to support a growing portfolio of innovative outcome bonds, catastrophe bonds, and other structured financial solutions serving our clients and partners.
  • The Financial Officer will develop and execute structured bond solutions and work as an integral part of a closely collaborating CMIMS team.
Primary responsibilities will include:
  • Collaborate with underwriters, arrangers, World Bank colleagues and client country counterparts to identify structured bond solutions to development challenges.
  • Prepare and execute transactions including evaluating, structuring and negotiating the transaction terms.
  • Cultivate and maintain partnership with World Bank Treasury’s global network of financial intermediaries/counterparts.
  • Support day-to-day interaction with the Client Advisory unit responsible for managing client relationships and identifying opportunities.
  • Support capital markets related initiatives with research, writing, and preparation of Board papers.
  • The Financial Officer is expected quickly become familiar with the range of IBRD and IDA financial products and services, valuation practices, and risk tolerance to inform feasible solutions. 
Selection Criteria:
  • Master’s degree in finance or equivalent, or a quantitative field.
  • 5+ years capital market experience including exposure to structured bonds.
  • Experience in structuring and execution of bonds and/or derivatives will be a strong plus.
  • Deep understanding of bond math and derivative valuation.
  • Ability to create concise, effective, and convincing written material in both prose and slide presentation formats.
  • Experience in public speaking/presentations with an ability to present complex products or analysis in a clear and concise manner.
  • Experience with investor engagement.
  • Strong judgment with the ability to negotiate effectively and influence others without formal authority.
  • Original thinker, quick learner, team player with excellent interpersonal skills, initiative and drive with the ability to interact successfully with all levels within the World Bank as well as with external market counterparts, investors, government authorities, etc.
  • Good organizational skills and proven ability to multi-task and work quickly under pressure, often under tight and rapidly changing deadlines.
  • Strong teamwork skills including across diverse professional and cultural backgrounds.
  • Enthusiasm for and a commitment to development work.

<!—

<!–

–>

To help us track our recruitment effort, please indicate in your cover/motivation letter where (tendersglobal.net) you saw this internship posting.

Job Location