Senior Financial Officer

Leveraging its presence in capital markets over nearly eight decades, the World Bank helps other development institutions, including International Finance Facility for Immunisation (IFFIm) and Clean Technology Fund (CTF), access capital markets.  In such engagements, World Bank Treasury is responsible for execution of funding and derivative transactions, investor outreach and credit rating agency relationship management.

Duties and Responsibilities:

• CMIMS is searching for a talented Senior Financial Officer to support principally the coordination of delivery of relevant Treasury Manager duties by CMI and partner units across the World Bank to the Clean Technology Fund, as it begins issuing bonds in the international capital markets to leverage its existing capital and grow its lending potential.
• Additionally, time permitting, the individual will also assist the team with a growing portfolio of bonds and other financial solutions serving our clients and partners, including developing and executing bond solutions as part of the CMIMS team.  Such responsibilities will include:
• Collaborate with underwriters, arrangers, World Bank colleagues and client country counterparts to identify 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 Senior 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, business, law or equivalent, or a quantitative field.
• 10+ years capital market experience including exposure to structured bonds.
• Experience in structuring and execution of bonds and/or derivatives will be a plus.
• Deep understanding of bond mechanics and derivative structuring and execution.
• Highly advanced 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.

Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=27161&site=1