non profit
Description
The World Bank Group (World Bank) is one of the world’s largest sources of funding and knowledge for developing countries. The World Bank works in more than 100 developing economies to improve living standards and fight poverty. The World Bank uses financial resources and extensive experience to help our client countries to reduce poverty, increase economic growth and improve the quality of life. The World Bank is owned by 189 member countries whose views and interests are represented by a Board of Governors and a Washington DC-based Board of Directors.
More than 190 countries participate in at least one of the five World Bank Group (“WBG”) institutions, each of which specializes in different aspects of development: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA) (IBRD and IDA together also referred to as the “World Bank” or the “Bank”), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), the International Centre for Settlement of Investment Disputes (ICSID).
Treasury is the Vice Presidency, reporting to the Managing Director and World Bank Group Chief Financial Officer, performing treasury functions for the IBRD and IDA and, to varying degrees, for other members of the World Bank Group and other public sector investors.
Its activities are organized and grouped into the following departments: Capital Markets & Investment Management, Client Asset Management and Advisory, and Treasury Operations.
Treasury (TRE) has been a large and significant player in the international financial markets for over seventy years and has achieved a global reputation as a prudent and innovative borrower, investor and risk manager.
Treasury is responsible for: (i) managing approximately $195 billion in assets for the World Bank and other official sector investors; (ii) leading IBRD’s and IDA’s triple-A rated financing programs in international and domestic bond and derivative markets; (iii) conducting asset and liability management for IBRD’s and IDA’s balance sheets; (iv) overseeing the development and outreach related to the financing and hedging products the Bank provides for its developing-country clients; and (v) collaborating with the World Bank member countries to help build their capacity.
Staff in Treasury regularly interact and collaborate with other Departments across the Bank and Finance Partners’ teams.
The Treasury Operations Department (TREOP) provides a full range of operational support for the Treasury’s asset management, capital markets and banking businesses.
The Department is presently organized into three operational units: Asset and Liability Operations (TREAL), Cash and Banking Operations (TREBK) and Quantitative Solutions and Analytics (TREQA), and a Financial Technology coordination unit (TREFT).
The TRE Operations Chennai (TRECH) is an integral part of TRE and is responsible for a variety of duties providing vital support across its operational divisions.
It works closely with the Headquarters in Washington D.C and another shared services center in Sofia, Bulgaria.
Under the guidance and supervision of a Team Lead and/or Functional Lead, the incumbent will have responsibilities for specific individual tasks/projects as well as for working as an integral part of the team in executing the Treasury Operation’s work program, while maintaining close relationships with the other Treasury departments.
**The candidate is expected to work Singapore or London shift and at times will be required to provide extended support to overlap with Washington D.C.
Candidate will also be required to observe USA Holiday calendar to meet reporting deadlines as per business needs.
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Selection Criteria
• Strong proficiency in Excel, Word, and PowerPoint.
Familiarity with Microsoft Power Platform tools (Power BI, Power Automate, and Power Query) is a strong plus.
• Strong database management and analytical skills, with a proven track record of effectively manipulating, analyzing, and interpreting large datasets.
Experience with data visualization tools and techniques is highly desirable.
• Reliable team player, a positive attitude, open and collegial work style with strong interpersonal skills and the ability to collaborate in a team-based, multi-cultural work environment within a team that is dispersed across different geographical locations (e.g.
Washington, D.C, and Sofia, Bulgaria).
• Deliver Results for Clients – Proactively addresses clients stated and unstated needs.
Adds value by constantly looking for a better way to get more impactful results; sets challenging stretch goals for oneself.
Immerses oneself in client experiences and perspective by asking probing questions to understand unmet needs. Demonstrates accountability for achieving results that have a development impact and financial, environmental, and social sustainability. Identifies and proposes solutions to mitigate and manage risks.
• Collaborate within Teams and Across Boundaries – Collaborates across boundaries, gives own perspective, and willingly receives diverse perspectives.
Appropriately involves others in decision making and communicates with key stakeholders. Approaches conflicts as common problems to be solved.
Actively seeks and considers diverse ideas and approaches. Integrates WBG perspective into work.
• Effective WBG staff rapidly and readily share their expertise – Client solutions, Leverages department’s expertise and body of knowledge across WBG to strengthen internal and/or external client solutions.
Seeks to learn from more experienced staff to deepen or strengthen their professional knowledge and helps others to learn.
Builds personal and professional networks inside and outside the department unit.
• Client Understanding and Advising – Looks at issues from the client’s perspective and advocates for clients within own area as well as urges others to focus on meeting client needs.
Works with others across the VPU to define client needs and develop the best approach to meet client needs (e.g., finds appropriate solutions and negotiates internally for needed resources and support.
• Broad Business Thinking – Maintains an in-depth understanding of the long-term implications of decisions both for related areas within the VPU and the client’s business.
Involves the key players in identifying operating needs, issues and immediate solutions. Ensures that decisions are supported by relevant stakeholders and creates the business case for investment in process and enhancements.
Sets clear explanations for the integration and alignment of services/solutions with business functions, focusing on the strategic value provided for area of responsibility within the client’s business.
• Analytical Thinking – Coordinates the information gathering and reporting process. Reviews trends and compares to expectations. Conducts research to define problems and prepares responses to anticipated questions.
Prioritizes multiple issues and opportunities. Identifies relationships and linkages within several information sources. Anticipates issues that are not readily apparent on the surface.
Identifies root causes and effects. Defines priorities within performance objectives. Reports and identifies areas that need guidance to resolve complex issues. Anticipates the possible outcome of potential solutions.
• Policies and Procedures – Demonstrate thorough knowledge of policies and procedures in related fields. Provide training and guidance to junior staff in enhancing their understanding of relevant policies and procedures.
Lead by example and serve as the best practice champion in applying pertinent policies and procedures.
• Risk and Controls – Lead by example and serve as best practice champions in completing internal control procedures, including understanding impact beyond own immediate functional areas.
Provide constructive inputs to the design, implementation and improvement of risk and internal control procedures for stand-alone end-to-end processes based on understanding of the business. Assess impact of potential control risks and propose mitigating control procedures as appropriate, with balanced efficiency and effectiveness results within any given processes.
• Information Technology and Systems – Leverage information technology systems and applications to improve productivity and efficiency.
Provide inputs to IT system enhancement efforts based on day to day working experience and knowledge of the systems.
• Communication – Adapt the communication style appropriate for the intended audience.
Adopt an inclusive approach to communication as is appropriate to the situation, to ensure adequate stakeholder participation. Present information effectively and encourage feedback.
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.
REQUIRED EDUCATION: Bachelor Degree
EXPERIENCE REQUIREMENTS: 60