IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In fiscal year 2022, we delivered more than $32.8 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org.
The Trade and Supply Chain Department is one of the industry groups at IFC, with both investment and advisory services delivered to IFC’s clients through IFC’s global network. IFC’s priorities in Trade are: (i) grow investment and advisory solutions in all regions it operates in, while achieving strong profitability and development impact (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.
Global trade is an engine of growth that creates jobs, reduces poverty, and increases economic opportunities. It is a key driver of integration and opportunities for local enterprises in emerging markets and developing countries. Financing trade is fundamental to the movement of goods at all stages of the supply chain and can have a strong development impact in developing countries. IFC’s trade finance programs offer guarantees, risk-sharing facilities, loans, and other structured products to support trade in emerging markets. Through these various products, IFC has supported more than 400 financial institutions and thousands of underlying companies in more than 90 countries across all regions of the globe. To date, IFC’s Trade and Supply Chain Finance has supported over $200 billion in global trade, all of which is directly linked to the movement of specific goods across emerging market borders.
IFC is seeking a Trade Analyst to support the Regional Trade Team for originating trade finance transactions and support business development for all trade products in the region. The Analyst will report to the Regional Lead and will be based in Mumbai, India or Dhaka, Bangladesh.
Roles and Responsibilities
The Trade Analyst is expected to:
• Under the supervision of the Regional Lead, originate and execute trade finance transactions with GTFP Issuing Banks by connecting with regional and global GTFP Confirming Banks, actively participate in the development new structures including commodity finance and supply chain finance facilities with regional clients.
• Monitor trade lines and ensure that transactions are consistent with all corporate guidelines, including the trade operational guidelines
• Monitor trade finance transactions in the region, facilitate timely processing of amendments and cancellations by working closely with the GTFP Operations team
• Maintain contacts with GTFP Issuing Banks and stay abreast of market development to manage risks taken in the portfolio
• Track program activities by using the corporate systems and prepare activities reports as needed
• Monitor GTFP billing and follow up with clients on timely payments; and
• Support all other tasks requested by the Regional Lead for existing or pipeline trade finance programs.
• Minimum 4 years of experience in trade finance with a local/international commercial bank/other financial institution or international organization
• Knowledge of commercial banking products and services, experience in correspondent banking relationships and international trade products
• Knowledge of corporate trade finance and supply chain finance related products
• Strong financial and credit skills along with analytical ability
• Advanced degree or equivalent professional qualification in Business Administration, Finance, Economics, or the related field is required
• Strong teamwork and organizational skills; and
• Strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds
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.
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