Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. 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, increasing shared prosperity and promoting sustainable development. 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.
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, Treasury Client Solutions and Treasury Operations.
Treasury (TRE) 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 $185 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.
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 four operational units: Asset and Liability Operations (TREAL), Quantitative Solutions and Analytics (TREQA), Cash and Banking Operations (TREBK), and Financial Technology (TREFT).
Duties and Accountabilities:
The Treasury Operations Chennai is an integral part of TREOP and is responsible for a variety of duties providing vital support across all the four operational divisions. It works closely with the Headquarters in Washington D.C. Under the guidance and supervision of a Team Leader and /or Functional Lead, the selected candidate will be responsible for specific individual tasks/projects and in executing TREOP’s work program, including the following responsibilities:
WBG Core Competencies: