La Banque Mondiale recherche un responsable financier, Paris, France
| Job #: | req17207 |
| Organization: | World Bank |
| Sector: | Treasury |
| Grade: | GF |
| Term Duration: | 3 years 0 months |
| Recruitment Type: | International Recruitment |
| Location: | Paris,France |
| Required Language(s): | English |
| Preferred Language(s): | Proficiency in Spanish, French or other languages is desirable |
| Closing Date: | 5/13/2022 (MM/DD/YYYY) at 11:59pm UTC |
Description :
Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit http://www.worldbank.org
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 and Investment Management, Client Asset Management and Advisory, and Treasury Operations. The Treasury VPU also includes the Risk, Compliance, and Controls Unit.
Treasury 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 $205 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 work with other Departments across the Bank and Finance Partners teams.
Asset Management and Advisory (TREAA) :
TREAA is responsible for managing approximately $75 billion of liquidity and fixed income portfolios for Trust Funds (including Financial Intermediary Funds) and over 70 external clients consisting of Central Banks, Pension Funds, Sovereign Wealth Funds, and other Official Institutions. The department is also responsible for providing investment partnership and advisory functions, capacity building, and training under the umbrella of the Reserve Advisory and Management Partnership (RAMP) Program. This department is organized in three units: Asset Management (TREAM), Advisory and Partnership (TREAP), and Product, Knowledge, and Research (TREPK). Learn more about our organization: https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do.
The Treasury Advisory & Partnership team (TREAP) is responsible for administering the Reserve Advisory & Management Partnership (RAMP), including developing project plans and leading capacity-building activities for official sector asset managers on all aspects of asset management. Engagement managers design, budget, implement and evaluate an annual engagement plan and deliver and coordinate advisory services to RAMP clients. The team leads business strategy and outreach to prospective clients for RAMP and external asset management services.
The Manager of Advisory and Partnership Team (TREAP) seeks a dynamic individual who combines technical expertise, the capacity to work autonomously, and has excellent communication skills.
Duties and Accountabilities :
The Financial Officer reports to the Advisory Partnership Manager (TREAP).
Primary responsibilities will include the following activities :
- Support engagement managers in client engagements and collaborate with clients to assist in the continuous improvement of their frameworks for reserve and public asset management and enhancement of their policies, practices, and staff capabilities ;
- Provide technical advisory through missions, ad-hoc consultations, workshops, conferences, and webinars on various topics relating to governance, investment policy, strategic asset allocation, risk- and portfolio management. Prepare and deliver presentations, case studies, or policy notes on these topics ;
- Participate in research efforts and write research reports, working papers, and policy notes on issues relevant to public asset managers. Monitor and stay abreast of market and economic developments and relevant research in tandem with best practices and recent trends in asset management ;
- Provide technical briefings to senior management, investment committees, and boards of client institutions on subjects related to RAMP’s areas of expertise ;
- Liaise with colleagues in Treasury and other World Bank units to facilitate the delivery of technical advisory to clients ;
- Contribute to outreach activities to prospective RAMP clients, including by helping enhance RAMP’s program communication, marketing, and branding ;
- Lead composition of internal, corporate, and client reporting ;
- Lead or contribute to additional projects as needed within the department ;
- Significant international travel is required.
Selection Criteria :
The successful candidate should have the following qualifications :
- 1. Masters’ degree, or PhD, in Economics, Finance, Statistics, Mathematics or equivalent. A professional certification, e.g., CFA, would be a plus ;
- Five years of work experience or equivalent combination of education and experience in economics and finance. Some experience with a public or private asset owner or a capital markets department (asset managers, banks, central banks, sovereign wealth funds, pensions, endowments, etc.), or with an international organization, is an asset ;
- Strong background, expertise, and experience in the areas of reserve and/or asset management (governance, investment policies including strategic asset allocation, risk, and portfolio management) and firm understanding of finance and portfolio theory ;
- Programming experience with Matlab, Julia, Python, R, SAS, or similar analytical tools is desirable, and familiarity with Bloomberg or other major trading and risk system ;
- Proven experience with policy and decision-making of official institutions is highly desirable ;
- Curiosity and proven interest and ability to perform research in areas of RAMP’s expertise ;
- Publications in the broad areas of asset or reserve management are a plus ;
- Proven ability to manage multiple tasks and lead multiple projects simultaneously, deliver results, and respond quickly and effectively to requests ;
- Highest ethical standards ;
- A high degree of self-motivation, a positive attitude, and the ability and drive to lead and collaborate in a team-based, multi-cultural work environment ;
- Original thinking and quick learning abilities with strong initiative drive and attention to detail ;
- Excellent and proven writing skills in English, as well as verbal skills to communicate complex and technical issues in simple terms ;
- Fluency in other languages is highly desirable.
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.