Associate Financial Officer

Finance & Economy

Overview

Provide Treasury Middle Office support and manage performance reporting

You have:

• Master's Degree in a relevant field (Finance, Business, Engineering, or another quantitative subject area) with 5-7 years of relevant work experience in finance and investments such as portfolio management, market or credit risk, or investment performance.
• Knowledge of fixed income mathematics, derivatives, and information technology.
• Extensive technical understanding and experience with Treasury products and valuation process and strong analytical skills.
• Good understanding of the Liquid Assets Management portfolio and attribution classifications for various stakeholder groups.
• Self-driven, fast learner with keen curiosity and quick adaptation skills with ability to self-navigate.
• High degree of motivation to improve productivity and efficiency using computer systems.
• Careful attention to details and reliability of the output.
• Ability to work under pressure.
• Excellent communication skills to explain the logic behind the analysis.
• Knowledge of Bloomberg, Reuters, Summit (Misys), Murex will be a strong advantage.
• Proficiency in VBA, Python (or other programming language), Oracle (or other RDBMS), SQL, MS Access, and Excel to maintain and improve existing reporting applications.
• Ability to collaborate broadly.
• Ability and experience in mentoring junior colleagues.

Contract

This is a World Bank Group grade: GF contract. More about World Bank Group grade: GF contracts.

Associate Financial Officer

Description

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.

IFC Treasury Valuation and Analysis is seeking a dynamic and motivated Associate Financial Officer to provide Treasury Middle Office support. The Associate Financial Officer will work in maintaining and managing selected data in relevant Treasury systems in addition to supporting the calculation and daily or periodical reporting of performance calculation, attribution and risk reporting. Furthermore, the Associate Financial Officer will also provide support to the valuation functions of the team and support the team in activities such as: leveling activities for IFC issued bonds and reconcile MTM between IFC and its counterparties.

Duties and Responsibilities: • Running the performance, scripts and models and check and prepare data for reporting purposes; • Key participant in the validation and monthly review output for reporting; • Monitor and report internal P&L and portfolio performance; • Prepare consolidated risk reporting for compliance and trading purposes; • Address inquiries and challenges from Front Office, Risk, and the Controller’s Departments; • Provide explanation on P&L and key risk indicators’ movements; • Oversee the reporting activities in Singapore to various stakeholders such as Front Office, Treasury Risk, the Controller’s Department, and relevant corporate units, according to requirement; • Investigate and resolve complex issues related to the performance function and refer resolution to the appropriate component owner; • Provide as needed support specific to the valuation function, including but not limited to the valuation and pricing calculation, Bond Price Verification, Leveling, valuation reconciliation; • Prepare and maintain documentation of individual and group work; • Implement productivity enhancing utilities and applications; • Provide ad-hoc analysis and reporting to clients; • Maintain effective relationships with key stakeholders of the performance process. • Keep abreast of the industry’s best practices and technologies used; • Assist in additional projects as needed within TVA.

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.

IFC Treasury Valuation and Analysis is seeking a dynamic and motivated Associate Financial Officer to provide Treasury Middle Office support. The Associate Financial Officer will work in maintaining and managing selected data in relevant Treasury systems in addition to supporting the calculation and daily or periodical reporting of performance calculation, attribution and risk reporting. Furthermore, the Associate Financial Officer will also provide support to the valuation functions of the team and support the team in activities such as: leveling activities for IFC issued bonds and reconcile MTM between IFC and its counterparties.

Duties and Responsibilities: • Running the performance, scripts and models and check and prepare data for reporting purposes; • Key participant in the validation and monthly review output for reporting; • Monitor and report internal P&L and portfolio performance; • Prepare consolidated risk reporting for compliance and trading purposes; • Address inquiries and challenges from Front Office, Risk, and the Controller’s Departments; • Provide explanation on P&L and key risk indicators’ movements; • Oversee the reporting activities in Singapore to various stakeholders such as Front Office, Treasury Risk, the Controller’s Department, and relevant corporate units, according to requirement; • Investigate and resolve complex issues related to the performance function and refer resolution to the appropriate component owner; • Provide as needed support specific to the valuation function, including but not limited to the valuation and pricing calculation, Bond Price Verification, Leveling, valuation reconciliation; • Prepare and maintain documentation of individual and group work; • Implement productivity enhancing utilities and applications; • Provide ad-hoc analysis and reporting to clients; • Maintain effective relationships with key stakeholders of the performance process. • Keep abreast of the industry’s best practices and technologies used; • Assist in additional projects as needed within TVA.

Selection Criteria

• Master’s Degree in a relevant field (Finance, Business, Engineering, or another quantitative subject area with 5-7 years of relevant work experience in finance and investments such as portfolio management, market or credit Risk, or investment performance. • Knowledge of fixed income mathematics, derivatives and information technology. • Extensive technical understanding and experience with Treasury products and valuation process and strong analytical skills. • Good understanding of the Liquid Assets Management portfolio and attribution classifications for various stakeholder groups • Self-driven, fast learner with keen curiosity and quick adaptation skills with ability to self-navigate • High degree of motivation to improve productivity and efficiency using computer system. • Careful attention to details and reliability of the output. • Ability to work under pressure. • Self-motivated and able to work in an international team. • Excellent communication skills to explain the logic behind the analysis. • Dedication to the daily production of accurate reports. • Knowledge of Bloomberg, Reuters, Summit (Misys), Murex will be a strong advantage. • Proficiency VBA, Python (or other programming language), Oracle (or other RDBMS), SQL, MS Access and Excel in order to maintain and improve existing reporting applications will be a big plus. • Ability to collaborate broadly. • Ability and experience in mentoring junior colleagues.

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.

Apply now

Potential interview questions

Added 1 year ago - Updated 1 year ago - Source: worldbank.org