hiring-jobs.com
Treasury is the Vice Presidency performing treasury functions for IBRD and for other members of the World Bank Group. Its activities are organized and grouped along three departments: (1) capital markets, investments & financial products, (2) asset management and advisory, and (3) treasury operations. Treasury has been a large and significant player in the international financial markets for more than 70 years and has achieved a global reputation as a prudent and innovative borrower, investor, and risk manager. Treasury is responsible for: (i) managing more than $185 billion in assets for the World Bank and other official-sector investors; (ii) leading the World Bank’s financing program in international and domestic bond and derivatives markets; (iii) conducting asset and liability management for IBRD and IDA’s balance sheets; (iv) overseeing the development and outreach related to the financing and hedging products that IBRD and IDA provide for their developing-country clients; and (v) collaborating with official sector institutions of member countries to help build their capacity in asset and public debt management.
Within Treasury, the Capital Markets, Investments & Financial Products department (CMI) is responsible for managing annual funding programs for IBRD (approx. $55-65 billion) and IDA (approx. $10-15 billion) and building sustainable capital markets, managing liquid asset portfolios for IBRD and IDA (approx. $115-125 Billion), and the asset and liability management aimed at reducing risk on IBRD and IDA’s balance sheets. CMI also advises clients on loans and risk management products, and structures financial products for development. CMI places a strong emphasis on achieving the best possible financial terms within prudent market, liquidity, credit, operational, and reputational risk parameters. CMI is comprised of six teams carrying out these responsibilities. The working environment is fast-paced and dynamic, as the teams regularly deal with new ideas, projects, and challenges.
Leveraging its presence in capital markets over nearly eight decades, the World Bank helps other development institutions, including International Finance Facility for Immunisation (IFFIm) and Clean Technology Fund (CTF), access capital markets. In such engagements, World Bank Treasury is responsible for execution of funding and derivative transactions, investor outreach and credit rating agency relationship management.
IFFIm was established in 2006 to frontload long dated pledges from its sovereign donors through its bond issuances to accelerate vaccination of children in poor countries.
Established in 2008 and backed by resources provided by its sovereign contributors, CTF provides scale-up financing to clean technology projects in developing countries, focusing on those that contribute to the demonstration, deployment, and transfer of low-carbon technologies with a significant potential for long-term greenhouse gas emissions savings.
CMIIL – Investment management and Liquidity operations: This team manages funds raised for lending activities of IBRD and IDA, by investing the funds in high-grade assets. The main objectives are principal protection and ensuring sufficient cash flow to meet IBRD’s and IDA’s financial commitments. The team also seeks a reasonable return to contribute to net income
CMIIS – Investor Relations and Sustainable Finance: This team works to cultivate, maintain and strengthen investor, rating agency and financial media relationships for IBRD, IDA and IFFIm to help achieve CMI’s funding goals. The team focuses on specific outreach activities, and works closely with other teams in CMI, TRE and other VPUs to contribute to the World Bank’s development purpose and build sustainable capital markets, including by engaging with investors and market participants on environmental, social and governance (ESG) issues.
CMIAP – ALM and Policy: This team is responsible for analytics, monitoring, and policy formulations for activities that impact IBRD and IDA’s balance sheets. The team participates in formulation of policy, guideline, and processes that impact the financial risk and income of IBRD and IDA and works closely with the relevant teams, sets limits and monitors the pre-defined and agreed funding and investment activities. The team also oversees implementation and execution of capital markets activities to support IBRD and IDA’s balance sheet management and provides liquidity calculation and reporting and analysis for rating agencies.
CMIMS – Market Solutions and Structured Finance: This team designs and executes market-based risk management and/or structured funding transactions for external and internal clients and provides structuring expertise and advisory services to address development challenges. In addition, CMIMS coordinates delivery of relevant treasury management responsibilities among relevant CMI teams to external clients.
CMIFP – Financial Products and Clients Solutions: This team helps clients find solutions for their development financing and risk management needs leveraging IBRD and IDA’s financial products and TRE’s financial expertise and market access. It provides support for IBRD and IDA operations and clients on the full menu of financial and risk management products, pricing and loan customization, blending and co-financing, IDA to IBRD transition, and thematic bond issuance strategies and reporting, among other areas.
CMIDO – Debt Origination: Capital Markets & Investments Debt Origination team (CMIDO) is responsible for managing the World Bank’s (IBRD & IDA) combined annual funding program of approximately USDeq. 60-70 billion in global bond markets. The team manages the World Bank’s benchmark funding program in global currencies as well as emerging market currency funding and helps position and differentiate the World Bank as the premier issuer in the capital market through flawless execution of bonds in many markets around the world.
Responsibilities:
The Financial Officer will report to the manager of the Investment management and Liquidity operations team (CMIIL) and will work in a fast-paced environment and will be expected to work well under pressure, be able to handle multiple tasks with high degrees of precision, and work well within a team.
Duties and accountabilities will be, but not limited to, the following:
Selection Criteria:
Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=28708&site=1
To help us track our recruitment effort, please indicate in your cover/motivation letter where (hiring-jobs.com) you saw this job posting.
hiring-jobs.com Job Description The UNESCO Regional Office in New Delhi covers Bangladesh, Bhutan, India, Nepal,…
hiring-jobs.com Summary You will serve as a SECURITY SPECIALIST in the Training Command (TRNGCMD) of…
hiring-jobs.com We are seeking a motivated and analytical senior in college to join our…
hiring-jobs.com Job Description The ACO having secured funds for humanitarian cash transfer (HCT) activities, and…
hiring-jobs.com Additional Location(s): US-MN-Maple Grove Diversity - Innovation - Caring - Global Collaboration - Winning Spirit -…
hiring-jobs.com Job Description Do you want to build a career that is truly worthwhile? Working…
This website uses cookies.