(Associate) Financial Officer

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 in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org

The Treasury Client Solutions Department provides IFC’s clients with innovative forms of local currency financing with a focus on the development of domestic debt markets to help increase the capacity for long-term local currency investment. The group has global responsibility for derivative transactions (cross currency swaps, interest rate swaps, currency forwards, and Eurodollar futures), structured products (securitizations, covered bonds, credit guarantees, risk participations, structured debt funds and similar structures), and debt capital markets including IFC's own local currency bond issuances.

Duties and Accountabilities:

• Develop, structure, and implement transactions to provide local currency financing solutions to IFC’s clients through debt capital markets, structured products and local currency derivatives. • Build and manage relationships with key partners, including international investment banks, local banks, capital market firms, investors, and regulators, at a senior level; • Conduct market intelligence of local and international debt capital markets • Contribute to business development and market treasury products to internal and external clients • Manage the preparation and execution of IFC’s local currency bond issuances and associated approval process. • Design, maintain and improve financial models to structure, evaluate and price innovative fixed income transactions including securitizations and guarantee structures. • Provide training and knowledge management services to internal and external clients

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 in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org

The Treasury Client Solutions Department provides IFC’s clients with innovative forms of local currency financing with a focus on the development of domestic debt markets to help increase the capacity for long-term local currency investment. The group has global responsibility for derivative transactions (cross currency swaps, interest rate swaps, currency forwards, and Eurodollar futures), structured products (securitizations, covered bonds, credit guarantees, risk participations, structured debt funds and similar structures), and debt capital markets including IFC's own local currency bond issuances.

Duties and Accountabilities:

• Develop, structure, and implement transactions to provide local currency financing solutions to IFC’s clients through debt capital markets, structured products and local currency derivatives. • Build and manage relationships with key partners, including international investment banks, local banks, capital market firms, investors, and regulators, at a senior level; • Conduct market intelligence of local and international debt capital markets • Contribute to business development and market treasury products to internal and external clients • Manage the preparation and execution of IFC’s local currency bond issuances and associated approval process. • Design, maintain and improve financial models to structure, evaluate and price innovative fixed income transactions including securitizations and guarantee structures. • Provide training and knowledge management services to internal and external clients

Selection Criteria

• Master’s degree in Finance or Financial Engineering, Economics, Financial Mathematics or an equivalent combination of education and experience. • At least 5 years finance experience, preferably in fixed income and structured finance within an investment bank, rating agency, or other capital-markets related entity. • Prior knowledge (as evidenced by concrete transaction examples) of structured finance and/or debt capital markets, and enthusiasm for the development of domestic capital markets. • Sound business judgment and strong negotiation skills, and good track record in transaction execution in an investment environment. • Knowledge and experience working in fixed income markets (including bonds, interest rate/FX derivatives and structured products) • Experience in emerging markets and/or familiarity with IFC’s investment process would be a plus. • Strong analytical and problem-solving capability. • Experience with analyzing financial data and familiarity with financial data platforms such as Bloomberg or Reuters. • Good financial modeling skills and advanced knowledge of Excel and other statistical software packages is desirable. • Proven ability to multi-task and work towards tight deadlines. • Attention to detail, resourcefulness, and strong oral and written communication skills. • Good business judgment and good track record in transaction execution in an investment environment • Highly motivated, self-starter with proven capacity for teamwork. • Proficiency in English is a must. Additional language skills would be 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.