Investment Officer – GF

Description

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.

 

Departments & Teams

Treasury has three departments and a compliance and controls team. Learn more about our organization: 
https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do. 

With us, you won’t just work in financial markets: you’ll help create new ones.

The World Bank Treasury launched a global recruitment campaign to attract the best and brightest talent in the world. We encourage you to learn more about Treasury, organization, people, and careers at 
 

https://treasury.worldbank.org/careers.

 

Poverty has no borders, and neither does excellence.
 

With employees based in Washington, Chennai, and Tokyo, the World Bank Treasury represents over 50 nationalities, and our leadership team hails from all regions of the world. We are proud to be an equal opportunity and inclusive employer. We have a dedicated and committed workforce and do not discriminate based on gender, race, ethnicity, religion, disability, sexual orientation, or gender identity. Learn more about Treasury’s greatest strength: its diverse and dedicated staff.

The Treasury Operations Department (TREOP) provides a full range of operational support for Treasury’s asset management, capital markets and banking businesses. The Department is presently organized in three operational units: Asset and Liability Operations (TREAL), Quantitative Solutions and Analytics (TREQA), Cash and Banking Operations (TREBK), and Financial Technology (TREFT).

The Quantitative Solutions and Analytics team (TREQA) will be responsible for developing and implementing quantitative models, financial solutions and portfolio analytics for internal and external client fixed income investment portfolios, and providing valuation, performance reporting and guideline monitoring for those portfolios. The team also provides advisory and capacity building in its areas of expertise for client central banks, sovereign wealth funds, pension funds and other strategic partners.

In performing these functions, the team will work closely with internal partners, clients, and external service providers such as pricing vendors. TREQA staff members are currently located in the Bank’s Washington DC headquarters with anticipated expansion to the Bank’s Sofia, Bulgaria Shared Service Center.

 

Duties and Accountabilities:

The chosen candidate will have responsibilities for specific individual tasks and for working as an integral part of the team in executing TREQA’s work program. The primary responsibilities will focus in the areas of portfolio analytics, investment performance measurement and attribution, client reporting and guideline monitoring, which will include, but not be limited to:
• Design, develop and implement the methodologies, policies and procedures on the risk analytics, performance attribution, reporting of the fixed income portfolios;
• Leading or contributing to key projects such as implementing systems or tools on market risk, credit and counterparty risk, investment performance, attribution and reporting;
• Being responsible for the production and distribution of investment reports and communicate directly with clients as needed; being able to quickly identify and effectively resolve issues relating to performance measurement, attribution and client reporting, 
• Developing analytical tools and providing support to portfolio managers and management in the areas of market risk, credit risk, performance, reporting, portfolio rebalancing, as well as developing and maintaining the workflow documentation, noting changes in processes as they change;
• Providing analytical support to the team in the areas of investment guideline monitoring, and quickly identify and resolve issues relating to such; developing, implementing and reviewing complex logic-based rules/formulas for specific criteria or restrictions; reviewing and ensuring that the daily, weekly and monthly deliverables of the team are completed correctly.
• Participating in the interpretation and revision of existing guidelines and in the preparation of new guidelines. Recommend improvements to guidelines to aid the interpretation and improve the ability to monitor investment guidelines.
• Mentoring/guiding/coaching junior team members;

All TREQA staff will also have the following responsibilities to some degree:
• Keep abreast of the industry’s best practice and technology improvements pertaining to the team’s functions;
• Maintaining close contacts and liaising with internal and external counterparts including Treasury colleagues in the investment, pension and funding departments; commercial and investment banks, asset managers and central banks;
• Prepare materials for professional collaborations, advisory engagements and workshops with central banks and other official sector institutions;
• Communicate any regulatory requirements and industry best practice changes to the Department; and
• Assist in additional projects as needed within TREQA.
 

 

Selection Criteria

1. Master’s degree (or equivalent work experience) in finance, engineering, data science, mathematics or related discipline and 2 – 5 years relevant work experience in finance and investments (with focus on portfolio management, market and credit risk, or investment performance)
2. Strong knowledge of financial instrument, financial derivatives, valuation, risk management and investment accounting. 
3. Proven quantitative and qualitative analytical skills. Programming experience in Python and Matlab is a plus. Familiarity with Bloomberg or other major trading and portfolio analytic system is a plus. 
4. Demonstrated professional leadership and ability to lead, coach, and mentor junior staff, excellent team player with strong interpersonal skills and the highest ethical standards is a required.
5. Excellent communication skills — both verbal and written are required. Experience giving presentations/trainings and communicating/interacting with a broad range of audiences is desirable.
6. Professional certification in CFA, CPA, FRM, PRM is a plus.

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.

 

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