(Associate) Financial Officer

Finance & Economy

Overview

Join IFC to promote sustainable investment and improve lives in developing countries.

You have:

• Master’s degree in Finance or related field or equivalent with at least 5 years of experience in financial markets; preferably in fixed income, within an investment bank, rating agency, or other capital-markets related institution, including the World Bank Group
• Fluency in English is essential. Fluency in another language would be advantageous
• Knowledge of debt capital markets, and enthusiasm for capital market innovation
• Strong analytical and problem solving skills and sound business judgment
• Data analysis and project management skills, knowledge of information platforms including Bloomberg and Refinitiv
• Quantitative skills, advanced knowledge of Excel and Web editing skills
• Proficient use of Microsoft PowerPoint in creating professional presentations
• Ability to multi-task and work towards tight deadlines
• Strong oral and written communication skills
• Highly motivated, results-oriented self-starter with proven capacity for teamwork
• Flexibility to perform a variety of tasks and expand the scope of work and responsibilities
• Willingness and desire to travel

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 2022, IFC committed a record $32.8 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 global compounding crises. For more information, visit www.ifc.org.

International Finance Corporation (IFC), the private sector development arm of the World Bank Group, is a global investor and advisor committed to promoting projects in its developing member countries that are economically beneficial, financially and commercially sound, and environmentally and socially sustainable. IFC finances private sector investments, mobilizes capital in the international financial markets, and provides advisory services to governments and businesses in the developing world. IFC’s highly qualified and motivated professionals come from around the world, bringing a wide variety of experiences.

Treasury Market Operations (CTM) serves as IFC Treasury’s market counterparty-facing front office. CTM is responsible for the management of IFC’s cash and liquid assets as well as its funding operations. The Funding Unit (CTMFU) is responsible for ensuring IFC has the funds it needs for private sector lending in developing countries and sufficient liquidity to fulfill IFC’s counter-cyclical role and safeguards its triple-A credit ratings. The Investor Relations team is also part of CTMFU and is responsible for creating and presenting a consistently applied investment message to IFC’s bond investors.

Duties and Accountabilities: • Considering, negotiating, and implementing bond issuances, including structured issuances, predominantly in a private placement format • Preparation, execution and processing of IFC bond issuances and the associated hedges linked to bond issuances • Creating, validating and distributing pricing grids to dealers on at least a monthly basis • Monitoring the market and being in constant discussions with market counterparts • Contribute to building and maintaining relationships with key stakeholders globally, including investors, international investment banks, and capital market firms • Provide back-up to other members of the Funding team in their relevant markets • Manage investor queries, responding to requests for data and bond related information • Prepare analyses of IFC’s bond program through the use of new and existing technology such as IFC’s transaction management system and its investor relationship management system • Collaborate with the Investor Relations team on the organization of conferences, road shows and investor meetings • Support the team and work with other Treasury teams on miscellaneous projects ranging from capital market innovation to business process improvements

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 2022, IFC committed a record $32.8 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 global compounding crises. For more information, visit www.ifc.org.

International Finance Corporation (IFC), the private sector development arm of the World Bank Group, is a global investor and advisor committed to promoting projects in its developing member countries that are economically beneficial, financially and commercially sound, and environmentally and socially sustainable. IFC finances private sector investments, mobilizes capital in the international financial markets, and provides advisory services to governments and businesses in the developing world. IFC’s highly qualified and motivated professionals come from around the world, bringing a wide variety of experiences.

Treasury Market Operations (CTM) serves as IFC Treasury’s market counterparty-facing front office. CTM is responsible for the management of IFC’s cash and liquid assets as well as its funding operations. The Funding Unit (CTMFU) is responsible for ensuring IFC has the funds it needs for private sector lending in developing countries and sufficient liquidity to fulfill IFC’s counter-cyclical role and safeguards its triple-A credit ratings. The Investor Relations team is also part of CTMFU and is responsible for creating and presenting a consistently applied investment message to IFC’s bond investors.

Duties and Accountabilities: • Considering, negotiating, and implementing bond issuances, including structured issuances, predominantly in a private placement format • Preparation, execution and processing of IFC bond issuances and the associated hedges linked to bond issuances • Creating, validating and distributing pricing grids to dealers on at least a monthly basis • Monitoring the market and being in constant discussions with market counterparts • Contribute to building and maintaining relationships with key stakeholders globally, including investors, international investment banks, and capital market firms • Provide back-up to other members of the Funding team in their relevant markets • Manage investor queries, responding to requests for data and bond related information • Prepare analyses of IFC’s bond program through the use of new and existing technology such as IFC’s transaction management system and its investor relationship management system • Collaborate with the Investor Relations team on the organization of conferences, road shows and investor meetings • Support the team and work with other Treasury teams on miscellaneous projects ranging from capital market innovation to business process improvements

Selection Criteria

• Master’s degree (in Finance or related field) or equivalent and at least 5 years of experience in financial markets; preferably in fixed income, within an investment bank, rating agency, or other capital-markets related institution, including the World Bank Group • Fluency in English is essential. Fluency in another language would be advantageous • Knowledge of debt capital markets, and enthusiasm for capital market innovation • Strong analytical and problem solving skills and sound business judgment • Data analysis and project management skills, knowledge of information platforms including Bloomberg and Refinitiv • Quantitative skills, advanced knowledge of Excel and Web editing skills • Proficient use of Microsoft PowerPoint in creating professional presentations • Ability to multi-task and work towards tight deadlines • Strong oral and written communication skills • Highly motivated, results-oriented self-starter with proven capacity for teamwork • Flexibility to perform a variety of tasks and expand the scope of work and responsibilities • Willingness and desire to travel

Position offers: • Join in IFC’s mission to promote sustainable private sector investment in developing countries, helping to reduce poverty and improve people’s lives • An exciting opportunity to work in an area of strategic priority within IFC • Exposure to a wide variety of financial markets, asset classes, sectors and stakeholders • Work in a truly multicultural environment • Opportunities to travel

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 3 years ago - Updated 1 year ago - Source: worldbank.org