E T Consultant

Contract

This is a World Bank Group grade: EC1 contract. More about World Bank Group grade: EC1 contracts.

E T Consultant

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.

As a member of Treasury Quantitative Research and Analytics (CTQRA) team, the candidate will participate in the various aspects of our team deliverables including trade processing, market data research and monitoring, pre-trade analysis, preparing and publishing various reports such as Assets and Liabilities (ALM) interest rate and currency exposures, working with senior staff in developing, testing and documenting valuation models and getting involved in the LIBOR transition activities.

Duties and Accountabilities:

• Support in the development of analytical tools and utilities to support new products and/or new initiatives using advanced tools and languages; provide production support to already developed tools and models as required.

• Assist in validating the results and publish the reports from the new ALM Analytics system.

• Analyze and validate the result based on the portfolio positions and market movement.

• Resolve discrepancies and anomalies of the result.

• Publish reports to clients.

• Provide ad-hoc analysis and reporting to clients using analytical tools and programming languages.

• Implement productivity enhancing utilities and applications.

• Analyze the terms and conditions of complex derivatives transactions and map correctly to the system.

• Being part of the team supporting daily market data processing updates between Asset Control and Summit and valuations of derivatives and issuances. Reconcile internal valuations with the market counterparts. Provide valuation to our CRM clients.

• Prepare and maintain documentation of individual and group work.

• To monitor, check quality of the data, investigate anomalies and react on various processes for report generation.

• Evaluate and help in streamlining team's routine processes and implementing innovative ideas using new technologies.

• Provide analytical and other support in the on-going LIBOR transition activities.

Selection Criteria

• Bachelor’s degree in finance or Mathematics with 3-4 years of experience or equivalent.

• Knowledge of fixed income mathematics, derivatives and information technology.

• Strong analytical skills.

• High degree of motivation to enhance 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 a diverse global team with the necessary soft skills.

• Excellent communication skills to explain the logic behind the analysis.

• Commitment to the daily production of error-free reports and other routine tasks.

• College degree in Finance or Mathematics and/or experience in fixed-income analysis will be preferred.

• Knowledge of Bloomberg, Reuters, Summit (Misys) will be a strong advantage.

• Proficiency preferred in the various systems and applications used in our team including Summit, Numerix, Asset Control, Bloomberg, Reuters, C++, Python, VBA, Oracle, Excel and other tools.

World Bank Group Core Competencies

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.

Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.