Financial Officer at World Bank, Washington, DC, United States

Deadline: 30 April 2019

The World Bank Group (WBG) is currently seeking applications from the eligible applicants for the post of Financial Officer in Washington, DC, United States. The duration of this post 3 years.

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The Financial Officer is responsible for monitoring IBRD and IDA’s near-term and medium-term financial outlook, and setting financial strategies and policies to ensure IBRD and IDA’s financial strength and long term financial sustainability.

WBG has set two ambitious goals to push extreme poverty to no more 3 percent by 2030, and to promote shared prosperity and greater equity in the developing world.

Key Jobs Responsibilities

The Financial Officer will perform the following functions-

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  • Contribute to the monitoring of IDA and/or IBRD’s income and capital outlook for strategic planning of the institutions’ financial capacity, including IDA replenishment.
  • Maintain, update and enhance projection models.
  • Utilize projection output and financial analysis to monitor the institution’s income dynamics and financial outlook.
  • Independently develop and/or review sophisticated financial models required for a variety of different financial simulations and scenario analysis.
  • Contribute to developing and reviewing financial policies and the production of the department’s Board papers, management reports, and IDA replenishment documents.
  • Carry out a range of financial analysis required to assess IBRD and IDA’s capital and income adequacy to support lending and other development activities, including IDA replenishment planning, and develop proposals to safeguard the institutions’ financial strength while enabling effective utilization of its financial capacity in fulfilling its development mandate.
  • Provide input and feedback to colleagues across the Bank on innovative financing proposals from IBRD and IDA Corporate Finance perspective.
  • Support management in responding to requests from Senior Management, the Board, and IDA donors.

Eligibility Criteria

Applicants must have-

  • Advanced degree in Finance, Business Administration or Economics. CFA is a plus.
  • At least 5 years of directly relevant experience in Finance.
  • Direct experience with financial policies and financial analysis/modeling is desirable.
  • Deep understanding of Corporate finance and balance sheet management theories and techniques.
  • Knowledge and prior experience with the World Bank or MDB financial policies and products desirable.
  • Strong conceptual and critical thinking, problem-solving, and analytical skills.
  • Ability to develop succinct and to-the-point materials (e.g. through papers or powerpoint presentations) to communicate complex concepts and ideas in an easy-to-understand manner.
  • Ability to quickly adapt materials to different audiences.
  • Ability to summarize and present analytical results, identify main drivers, and present key messages in a clear, concise and convincing manner.
  • Ability to quickly build ad-hoc financial models to respond to a variety of different analytical needs.
  • Excellent powerpoint, writing and oral communication skills.
  • Strong interpersonal skills. Ability to work across boundaries to resolve differences and build consensus.
  • A great team player.

How to Apply

Applicants must submit their applications through online process.

For more information, please visit WBG.