Are you inspired by a global mission to end poverty? Do you want to build a career in finance with a global impact? The World Bank Treasury is one of the few places where you can be on the leading edge of finance as it sits at the only nexus of finance, innovation, and international development. We manage the institution's finances to enable all World Bank operations and lending. Each year, we issue over $50 billion in bonds, prudently manage over $180 billion in assets, and process over $7 trillion in transactions.
Poverty has no borders, and neither does excellence:
With employees based in Washington, Chennai, Sofia, Paris, Singapore, 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.
Treasury Operations (TREOP) is the Department which provides a full range of middle and back-office support for Treasury’s asset management, capital markets and banking functions. The Department is organized in three operational units: Asset and Liability Operations (TREAL), Quantitative Solutions and Analytics (TREQA), and Banking Operations (TREBK).
Quantitative Solutions and Analytics team (TREQA) is the focal point of quantitative, analytical, and reporting support for TRE’s fixed income asset management business. TREQA develops and implements quantitative models, financial solutions and portfolio analytics; the team also provides support in financial accounting, investment performance measurement, investment guideline compliance monitoring for internal & external clients, as well as related capacity building for central banks, sovereign wealth & pension funds, office of debt management & strategic partners.
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 investment performance, risk measurement and attribution, client reporting, guideline monitoring, and portfolio analytics, which will include, but not be limited to:
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 investment guideline monitoring, quickly identifying and resolving issues relating to such; developing, implementing, and reviewing complex logic-based rules/formulas for specific criteria or restrictions; ensuring that the daily, weekly, monthly and annual deliverables of the team are completed correctly.
Contributing to key projects such as implementing systems or tools on market risk, credit and counterparty risk, investment performance, attribution and reporting;
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:
Master’s degree (or equivalent work experience) in finance, economics, 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) or economics.
Strong knowledge of financial instruments, financial derivatives, valuation, risk management and investment accounting.
Proven quantitative and qualitative analytical skills. Programming experience is a plus. Familiarity with Bloomberg, data visualization tools such as Tableau and/or Power BI or other major trading and portfolio analytic system is a plus.
Excellent team player with strong interpersonal skills, ability to coach and mentor junior staff, and the highest ethical standards is required.
Excellent communication skills -- both verbal and written are required. Experience giving presentations/trainings and communicating/interacting with a broad range of audiences is desirable.
Professional certification in CFA, CPA, FRM, PRM is a plus.
