E T Consultant - IFC Treasury Valuation and Analysis
Apply NowCompany: The World Bank Group
Location: Washington, DC 20011
Description:
E T Consultant - IFC Treasury Valuation and Analysis
Job #:
req31544
Organization:
IFC
Sector:
Treasury
Grade:
EC2
Term Duration:
1 year 0 months
Recruitment Type:
Local Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
2/13/2025 (MM/DD/YYYY) at 11:59pm UTC
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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
The Treasury Valuation and Analysis (Middle Office) Unit:
IFC Treasury Valuation and Analysis is seeking a dynamic and motivated Consultant to provide Treasury and Mobilization Middle Office support. The candidate will work on daily valuation and pricing calculation, bond price verification, and quarterly valuation for the Treasury Capital Markets and Investments (CTM) Corporate Risk Management (CRM), and IFC's Controllers Department (CNT). In addition, the Consultant will work with staff managing selected data in relevant systems while coordinating with CTM, CTX (Treasury Analytics), CRM, and CNT. The Consultant will support work in the valuation function of the unit and will participate in the fair valuation responsibility for structured finance transactions that requires and benefit from Treasury client solutions (CTC) structuring expertise.
Duties and Responsibilities:
The Consultant's primary responsibilities will include, but not be limited to the following duties and responsibilities:
Valuation of various fixed income products including options;
Valuation of guarantees, insurance contracts on some loans for the Syndications department;
To review the availability of the relevant market data for the fair valuation of the transactions;
Validate, troubleshoot and resolve issues;
Monitor and address valuation breaks from CP MTM reconciliation;
Oversee levelling activities for the Front office (as relevant);
Address inquiries and challenges from Front Office, Corporate Risk, and the Controllers' departments;
Contributes to the fair valuation for the Structured Finance transactions;
Working closely with relevant staff Treasury and Mobilization, Risk departments to value illiquid fixed income transactions in Emerging Markets;
Prepare and maintain documentation of individual and group work;
Implement productivity enhancing utilities and applications;
Provide ad-hoc analysis and reporting to clients;
Keep abreast of the industry's best practices and technologies used;
Assist in additional projects as needed within TVA.
Selection Criteria
MS or MBA Degree in a relevant discipline (Finance, Business, Engineering, or another quantitative discipline such as Math/Physics/Statistics/Actuarial studies with an equivalent combination of education and experience and 5-7 years relevant work experience in finance and investments such as portfolio management, market or credit Risk, or fixed income product and valuation methodologies;
Knowledge of fixed income mathematics, derivatives and information technology.
Valuation expertise in illiquid markets/instruments;
Strong analytical skills.
Extensive technical experience with Treasury products, market data and valuation process.
Working technical knowledge of models and supporting systems.
Ability to tackle and work-out challenges and find solutions for multiple stakeholders.
Ability to investigate and troubleshoot issues in any of the valuation components and refer resolution to the appropriate component owner.
Maintain effective relationships with key stakeholder of valuation process
Strong communication skills and ability to collaborate broadly
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.
Excellent communication skills to explain the logic behind the analysis.
Knowledge of Bloomberg, Reuters, Summit (Misys), Murex will be a strong advantage.
Proficiency VBA, Python (or other programming language), Oracle (or other RDBMS), SQL, MS Access and Excel will be a plus.
Proven ability to manage projects, deliver against tight deadlines.
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 at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three 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 third-year ET appointment are not eligible for future ET appointments.
Job #:
req31544
Organization:
IFC
Sector:
Treasury
Grade:
EC2
Term Duration:
1 year 0 months
Recruitment Type:
Local Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
2/13/2025 (MM/DD/YYYY) at 11:59pm UTC
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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
The Treasury Valuation and Analysis (Middle Office) Unit:
IFC Treasury Valuation and Analysis is seeking a dynamic and motivated Consultant to provide Treasury and Mobilization Middle Office support. The candidate will work on daily valuation and pricing calculation, bond price verification, and quarterly valuation for the Treasury Capital Markets and Investments (CTM) Corporate Risk Management (CRM), and IFC's Controllers Department (CNT). In addition, the Consultant will work with staff managing selected data in relevant systems while coordinating with CTM, CTX (Treasury Analytics), CRM, and CNT. The Consultant will support work in the valuation function of the unit and will participate in the fair valuation responsibility for structured finance transactions that requires and benefit from Treasury client solutions (CTC) structuring expertise.
Duties and Responsibilities:
The Consultant's primary responsibilities will include, but not be limited to the following duties and responsibilities:
Valuation of various fixed income products including options;
Valuation of guarantees, insurance contracts on some loans for the Syndications department;
To review the availability of the relevant market data for the fair valuation of the transactions;
Validate, troubleshoot and resolve issues;
Monitor and address valuation breaks from CP MTM reconciliation;
Oversee levelling activities for the Front office (as relevant);
Address inquiries and challenges from Front Office, Corporate Risk, and the Controllers' departments;
Contributes to the fair valuation for the Structured Finance transactions;
Working closely with relevant staff Treasury and Mobilization, Risk departments to value illiquid fixed income transactions in Emerging Markets;
Prepare and maintain documentation of individual and group work;
Implement productivity enhancing utilities and applications;
Provide ad-hoc analysis and reporting to clients;
Keep abreast of the industry's best practices and technologies used;
Assist in additional projects as needed within TVA.
Selection Criteria
MS or MBA Degree in a relevant discipline (Finance, Business, Engineering, or another quantitative discipline such as Math/Physics/Statistics/Actuarial studies with an equivalent combination of education and experience and 5-7 years relevant work experience in finance and investments such as portfolio management, market or credit Risk, or fixed income product and valuation methodologies;
Knowledge of fixed income mathematics, derivatives and information technology.
Valuation expertise in illiquid markets/instruments;
Strong analytical skills.
Extensive technical experience with Treasury products, market data and valuation process.
Working technical knowledge of models and supporting systems.
Ability to tackle and work-out challenges and find solutions for multiple stakeholders.
Ability to investigate and troubleshoot issues in any of the valuation components and refer resolution to the appropriate component owner.
Maintain effective relationships with key stakeholder of valuation process
Strong communication skills and ability to collaborate broadly
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.
Excellent communication skills to explain the logic behind the analysis.
Knowledge of Bloomberg, Reuters, Summit (Misys), Murex will be a strong advantage.
Proficiency VBA, Python (or other programming language), Oracle (or other RDBMS), SQL, MS Access and Excel will be a plus.
Proven ability to manage projects, deliver against tight deadlines.
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 at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three 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 third-year ET appointment are not eligible for future ET appointments.