The World Bank Group is a unique global partnership of five institutions driven by a bold vision to create a world free of poverty on a livable planet. As one of the largest sources of funding and knowledge for developing countries, we help solve the world’s greatest development challenges. When you join the World Bank Group, you become part of a dynamic, diverse organization with 189 member countries and more than 120 offices worldwide. We work with public and private sector partners, invest in groundbreaking projects, and use data, research, and technology to bring tangible and transformative changes around the globe. For more information, visit 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 into two units: the Advisory and Partnership (TREAP) unit and the Product, Knowledge, and Research (TREPK) unit. The Product, Knowledge, and Research (TREPK) unit is accountable for supporting and strengthening advisory capacity and asset management functions by expanding the knowledge base, conducting research, and coordinating the development of new investment products. The team is responsible for producing and managing knowledge and research products, including missions, workshops, webinars, and applied research papers. The subject matter experts provide technical advisory in governance, asset allocation, responsible investing (ESG), risk management, IT and business solutions, settlements, and operations within the unit. The learning & outreach team manages learning and outreach events, workshops, policy forums, and training (internal and third-party), including marketing and branding materials. Duties and Accountabilities: Working with a high level of discretion and confidentiality in providing wide-ranging executive and office management functions to the TREPK team, the ET Temporary will be responsible for, but not limited to, the following:
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Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
Number of Employees
5,001-10,000 employees