Financial Officer

Financial Officer

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

The World Bank Group (WBG) Treasury

WBG Treasury is the Vice Presidency (VPU), reporting to the Managing Director and World Bank Group Chief Financial Officer, performing treasury functions for the IBRD, IDA and IFC and, to varying degrees, other members of 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 Bank and IFC finance, operations, and investment teams.

Treasury Client Solutions & Structuring (TRECS)

As part of WBG Treasury, the Client Solutions & Structuring department (TRECS) provides structuring expertise and advisory services for financial products offered by IBRD, IDA, and IFC – including risk management, structured finance, local currency financing, derivatives and debt capital market solutions. The department has responsibility for asset-liability management and contributes to product innovation and financial policies.

Treasury ALM and Balance Sheet Management (TREAB)

The TRE ALM and Balance Sheet Management team has responsibility for IBRD, IDA, and IFC  asset-liability management.  This includes managing and execution hedging transactions, providing technical engagements with borrowers and clients, and contributing to product innovation and financial initiatives and policies.
The Financial Officer will support IBRD, IDA, and IFC balance sheet management, ALM analysis, policy development, stakeholder engagement, and governance reporting. The role requires sound judgment, strong analytical skills, and effective collaboration across Treasury and partner units.

Duties and Accountabilities

• Support the analysis, structuring, and execution of derivatives for risk management, funding, liquidity, and balance sheet objectives;
• Maintain relationships with banks, underwriters, counterparties, shareholders, rating agencies, and other capital markets stakeholders;
• Conduct ALM analysis, including valuation, risk measurement, capital, liquidity, ratings, and scenario assessments;
• Work across WBG units to structure and implement financial solutions consistent with policy and risk parameters;
• Contribute to ALM, funding, liquidity, financial sustainability, and governance papers;
• Support cross-functional development of financial products, analytical frameworks, and policy responses;
• Prepare clear and timely reports, briefings, presentations, and stakeholder responses;
• Support knowledge sharing, process improvements, and other team priorities.

Selection Criteria

• Master’s degree in a relevant field and at least five years of relevant experience, or an equivalent combination of education and experience;
• Experience in ALM, financial policy, risk management, treasury, or capital markets; MDB experience is desirable;
• Strong knowledge of derivatives, valuation, hedging, liquidity, funding, capital adequacy, and balance sheet risk;
• Sound judgment, strong analytical skills, and the ability to engage effectively with diverse stakeholders;
• Excellent English writing and communication skills for management and governance audiences;
• Ability to set priorities and deliver high-quality work under tight deadlines;
• Strong collaboration, stakeholder engagement, and problem-solving skills;
• Knowledge of WBG financial products, policies, governance, and ALM topics is highly desirable;
• English proficiency is required; another language and willingness to travel are desirable.
  
  Competencies
  The successful candidate should demonstrate:
• Judgment and institutional awareness: Connects technical issues to institutional objectives and applies sound judgment.
• Technical proficiency: Applies financial and balance sheet expertise to complex assignments and practical recommendations.
• Contribute and innovate: Identifies issues, proposes solutions, and manages assigned workstreams.
• Collaborate across boundaries: Builds effective relationships and helps resolve cross-unit issues.
• Client and stakeholder orientation: Develops practical solutions aligned with policy and risk appetite.
• Communicate with influence: Delivers clear and concise communications for senior audiences.
• Deliver results: Manages priorities and delivers quality work with accountability.
• Share knowledge and support the team: Promotes learning and supports team delivery.

As the World Bank Group continues to evolve, we value candidates who:

• Demonstrate the ability to collaborate effectively across teams, disciplines, cultures, and institutional boundaries.
• Responsibly leverage digital and AI-enabled tools to enhance productivity, learning, and decision-making.
• Bring experience working in fragile, conflict-affected, and violent (FCV) contexts and are encouraged to highlight relevant experience in their application materials, where applicable.

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

WBG Five Managerial Competencies Include only for managerial positions

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.