E T Consultant

E T Consultant

Description

At the World Bank, a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. For more information, visit https://www.worldbank.org/en/who-we-are/ibrd

WBG Treasury is the Vice Presidency (VPU), reporting to the Managing Director and World Bank Group Chief Financial Officer, performing treasury functions for the World Bank Group and other public and private sector entities. Its activities are organized and grouped into the following divisions: Capital Markets; Asset Management; Client Solutions & Structuring; Treasury Operations; Treasury Partnerships & Advisory; and Treasury Risk, Compliance & Controls. Treasury has been a large and significant participant in the international financial markets for over eighty years and has achieved a global reputation as a prudent and innovative borrower, investor, and risk manager. Treasury is responsible for: (i) managing approximately $300 billion in assets for the World Bank Group and other official sector investors; (ii) leading IBRD's, IDA's and IFC’s triple-A rated financing programs in international and domestic bond and derivative markets; (iii) conducting asset and liability management for IBRD's, IDA’s and IFC's balance sheets; (iv) overseeing the development and outreach related to the financing and hedging products the WBG provides for its developing-country clients; and (v) collaborating with the World Bank member countries to help build their financial markets related capacity through advisory services. Staff in Treasury regularly interact and work with other Departments across the WBG finance, operations, and investment teams.
The Treasury Operations Department (TREOP) provides a full range of operational support for Treasury’s asset management, capital markets and banking businesses. The Department is presently organized in 7 operational units: Asset and Liability Operations (TREAL), Quantitative Solutions and Analytics (TREQA), Cash and Banking Operations (TREBK), Treasury Quantitative Modelling (TREQM), Treasury ALM & Collateral (TREAC), Treasury Market Data and Valuation (TREMV) and a Financial Technology coordination unit (TREFT).

The Treasury Asset & Liability Operations team (TREAL) team is responsible for supporting more than $300 billion in AUM and $ 450 billion in outstanding debt and derivatives transactions over their life cycle respectively for the IBRD, IDA, IFC, and more than 90 client portfolios. The team manages relationships with clients, broker dealers, custodians, agents, market counterparts, and technology vendors. In addition to managing the day-to-day operations, TREAL staff lead the research, coordination, and implementation of new products and markets across Treasury. The team has a heavy focus on, and takes a leadership role in, evaluating and deploying the latest products and technologies (core trading platforms and new initiatives and technologies like CBDC, blockchain, AI, robotics, etc.) to create efficiencies, reduce risk, and advance thought leadership amongst WB’s peers and clients. TREAL staff participate in capacity-building programs for clients in these areas of expertise. TREAL staff have co-led award-winning projects to develop and deploy AI solutions for better cash management and use blockchain technology and CBDC to issue innovative digital bonds. In recognition of their efforts to advance capital markets and asset management, the TREAL team has received several industry awards including for “Innovation in Reserves Management” (2021) and “Asset Servicing Initiative of the year” (2023 and 2025). The team has thrice been shortlisted for “Operations Team of the Year” award (2023, 2024, and 2026).
TREAL staff members are located in the Bank’s Washington DC headquarters, and in the Global Capability Centers in Chennai, India and in Sofia, Bulgaria. 

Note:***These positions are open for internal (through a DAIS) and external (ETC) candidates. ***

Duties and Accountabilities:

The candidate’s primary responsibilities will include, but are not limited to, some combination of the following activities:

• Use technology tools (AI, Machine Learning, and programing languages like Python) to perform and automate various facets of post-execution activities for fixed income (fixed and floating rate bonds, MBS, ABS), derivatives (futures, options, swaps), and cash products (repo, Money-market, FX);
• Work closely with traders and colleagues in Accounting, Banking, Credit, Development Finance, Legal, Technology, and Valuation units internally, as well as with Counterparts, Custodians, Futures Commission Merchants, and Calculation, Collateral and Fiscal Agents externally.
• Ensure cash management and settlement of fixed income and derivatives portfolios and resolving rate discrepancies and cash disputes for 90+ internal and client portfolios.
• Assist in the development and implementation of, and compliance with, changes to TREAL procedures, processes, and standards.
• Develop training and skill enhancement initiatives (e.g., through presentations, seminars, and workshops) and join missions to transfer global knowledge and experience for various client advisory projects.

Selection Criteria

1. Bachelors degree in Computers, Data Analytics, Finance, Economics, Accounting, or equivalent with at least two years of experience. Professional certifications such as a CFA will be a plus. 
2. Strong programing, quantitative, and analytical skills. Experience with AI and Machine Learning projects is a plus. 
3. Familiarity with business-related IT development or IT technology projects, also with user acceptance testing and its related documentation. Previous exposure to FinTech related knowledge is a plus.
4. Proven capacity to multi-task, deliver results and respond quickly and effectively to requests. Ability to handle multiple concurrent transactions on a tight timetable, consistent with a high level of client expectations
5. Knowledge of Python and Microsoft tools and applications like Power Query, Power BI, Power Apps, will be a plus. 
6. Original thinking / quick learning abilities with strong initiative and drive, as well as attention to details.
7. Good team player with strong communication (written and oral) skills, and commitment to work in a respectful, team-oriented, and multi-cultural environment.
8. Excellent interpersonal and people management skills, with the ability to interact tactfully with clients and/or business associates across all levels, while exercising sound judgement in handling confidential information.

WBG Culture Attributes:

1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.

World Bank Group Core Competencies

As per WBG policy, an Extended Term (ET) appointment is subject to a lifetime maximum of three (3) years. Former and current ET staff who have completed or are in the process of completing their third-year ET appointment are not eligible for future ET appointments.

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.