World Bank
Financial Officer
World Bank, Washington, District of Columbia, us, 20022
Financial OfficerJob #: req30102Organization: World BankSector: TreasuryGrade: GFTerm Duration: 3 years 0 monthsRecruitment Type: International RecruitmentLocation: Washington, DC, United StatesRequired Language(s): EnglishPreferred Language(s):Closing Date: 11/8/2024 (MM/DD/YYYY) at 11:59pm UTCDescriptionDo 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. For more information, visit
www.worldbank.org .The World Bank's Twin GoalsThe World Bank’s goals are to end extreme poverty on a livable planet. Its capacity to fulfill these goals is underpinned by a Treasury Vice Presidency (“Treasury”) widely recognized across the global capital markets for its dynamic professionalism and its record of innovation in obtaining outperformance for its clients in all the Treasury’s functions.The World Bank TreasuryAre you inspired by a global mission to end poverty? Do you want to build a career in finance with a global impact? The World Bank Treasury is one of the few places where you can be on the leading edge of finance as it sits at the only nexus of finance, innovation, and international development. We manage the institution's finances to enable all World Bank operations and lending. Each year, we issue over $50 billion in bonds, prudently manage over $180 billion in assets, and process over $7 trillion in transactions. Learn more about our organization:
https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do .Duties and ResponsibilitiesThe Financial Officer will be a member of CMI’s Asset Liability Management and Policy Team (CMIAP) with roles and responsibilities outlined below:Provide assessment, thoughts, and insights to TRE management on relevant accounting standards, financial reporting, and bank policy related to new structures and initiatives.Act as a liaison between TRE and other areas in finance, legal, trust funds, and other departments to ensure TRE is represented as bank-wide initiatives are developed, and accounting policy is crafted.Provide in-depth analytical insights and assess the impact of new initiatives on overall credit rating evaluations. Provide feedback to credit agencies on methodology changes.Develop and maintain relationships throughout the finance complex to stay updated on changes in bank policy and accounting standards.Liaison with credit rating agencies. Ensure the accuracy and reliability of financial data submitted to credit rating agencies.Selection CriteriaThe successful candidate should have the following qualifications:A degree in accounting or a related field is required. CPA or equivalent required.7 years+ work experience in conducting accounting and auditing analysis; Prior experience in accounting or finance roles is beneficial. Big 4 or Credit Rating Agency experience is a plus.Knowledge of GAAP accounting standards is required.Understanding of capital markets, credit agencies, financial, debt and ALM risk management strategies.Strong quantitative, organizational, and research skills.CFA and/or FRM are a plus.Strong computer skills, high command of Microsoft Office, and advanced analysis software.Flexibility and willingness to perform a wide range of tasks (including some clerical/administrative when needed).Ability to work as a member of a diverse team.Networking capabilities with excellent interpersonal and negotiation skills. A high degree of self-motivation, positive attitude, and drive, with the ability to contribute to a team-based work environment.Excellent written and verbal communication skills, including the capacity to communicate complex and technical issues with clarity to diverse audiences.Fluency in English required.Enthusiasm and a commitment to development work.Highest ethical standards.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.
#J-18808-Ljbffr
www.worldbank.org .The World Bank's Twin GoalsThe World Bank’s goals are to end extreme poverty on a livable planet. Its capacity to fulfill these goals is underpinned by a Treasury Vice Presidency (“Treasury”) widely recognized across the global capital markets for its dynamic professionalism and its record of innovation in obtaining outperformance for its clients in all the Treasury’s functions.The World Bank TreasuryAre you inspired by a global mission to end poverty? Do you want to build a career in finance with a global impact? The World Bank Treasury is one of the few places where you can be on the leading edge of finance as it sits at the only nexus of finance, innovation, and international development. We manage the institution's finances to enable all World Bank operations and lending. Each year, we issue over $50 billion in bonds, prudently manage over $180 billion in assets, and process over $7 trillion in transactions. Learn more about our organization:
https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do .Duties and ResponsibilitiesThe Financial Officer will be a member of CMI’s Asset Liability Management and Policy Team (CMIAP) with roles and responsibilities outlined below:Provide assessment, thoughts, and insights to TRE management on relevant accounting standards, financial reporting, and bank policy related to new structures and initiatives.Act as a liaison between TRE and other areas in finance, legal, trust funds, and other departments to ensure TRE is represented as bank-wide initiatives are developed, and accounting policy is crafted.Provide in-depth analytical insights and assess the impact of new initiatives on overall credit rating evaluations. Provide feedback to credit agencies on methodology changes.Develop and maintain relationships throughout the finance complex to stay updated on changes in bank policy and accounting standards.Liaison with credit rating agencies. Ensure the accuracy and reliability of financial data submitted to credit rating agencies.Selection CriteriaThe successful candidate should have the following qualifications:A degree in accounting or a related field is required. CPA or equivalent required.7 years+ work experience in conducting accounting and auditing analysis; Prior experience in accounting or finance roles is beneficial. Big 4 or Credit Rating Agency experience is a plus.Knowledge of GAAP accounting standards is required.Understanding of capital markets, credit agencies, financial, debt and ALM risk management strategies.Strong quantitative, organizational, and research skills.CFA and/or FRM are a plus.Strong computer skills, high command of Microsoft Office, and advanced analysis software.Flexibility and willingness to perform a wide range of tasks (including some clerical/administrative when needed).Ability to work as a member of a diverse team.Networking capabilities with excellent interpersonal and negotiation skills. A high degree of self-motivation, positive attitude, and drive, with the ability to contribute to a team-based work environment.Excellent written and verbal communication skills, including the capacity to communicate complex and technical issues with clarity to diverse audiences.Fluency in English required.Enthusiasm and a commitment to development work.Highest ethical standards.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.
#J-18808-Ljbffr