Investment Officer

World Bank Group•Washington, DC

1d•Onsite

About The Position

At the World Bank, a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. For more information, visit https://www.worldbank.org/en/who-we-are/ibrd The World Bank Group (WBG) Treasury WBG Treasury is the Vice Presidency (VPU), reporting to the Managing Director and World Bank Group Chief Financial Officer, performing treasury functions for the IBRD, IDA and IFC and, to varying degrees, other members of the World Bank Group and other public and private sector entities. Its activities are organized and grouped into the following divisions: Capital Markets; Asset Management; Client Solutions & Structuring; Treasury Operations; Treasury Partnerships & Advisory; and Treasury Risk, Compliance & Controls. Treasury has been a large and significant participant in the international financial markets for over eighty years and has achieved a global reputation as a prudent and innovative borrower, investor, and risk manager. Treasury is responsible for: (i) managing approximately $300 billion in assets for the World Bank Group and other official sector investors; (ii) leading IBRD's, IDA's and IFC’s triple-A rated financing programs in international and domestic bond and derivative markets; (iii) conducting asset and liability management for IBRD's, IDA's and IFC's balance sheets; (iv) overseeing the development and outreach related to the financing and hedging products the WBG provides for its developing-country clients; and (v) collaborating with the World Bank member countries to help build their financial markets related capacity through advisory services. Staff in Treasury regularly interact and work with other Departments across the Bank and IFC finance, operations, investment teams. The WBG Treasury Operations Department (TREOP) provides a full range of operational support for Treasury’s capital markets, asset management, and banking businesses. Under TREOP, the Quantitative Solutions and Analytics team (TREQA) is responsible for developing and implementing quantitative models, financial solutions and portfolio analytics for internal and external client fixed income investment portfolios, providing valuation, performance reporting, risk analytics, and guideline monitoring for those portfolios. The team also provides technical advisory and capacity building in its areas of expertise for client central banks, sovereign wealth funds, pension funds and other strategic partners. The chosen candidate will have responsibilities for specific individual tasks and for working as an integral part of the team in executing TREQA’s work program. The primary responsibilities will focus on the areas of investment guideline monitoring and compliance, portfolio analytics, and client reporting, which will include, but not be limited to:

Requirements

Master’s degree (or equivalent work experience) in finance, engineering, data science, mathematics or related discipline and 5 years of relevant work experience in finance and investments (preferably with a focus on portfolio management, market risk, credit risk, or compliance).
Expertise and proven experience with investment compliance and/or risk management (credit and market) of fixed income portfolios, including strong knowledge of fixed income instruments, financial derivatives, risk measurement, and valuation.
Proven quantitative modeling skills with substantial programming experience in Python (or similar programming language).
Deep knowledge and experiences with Murex (particularly the Murex Limits & Compliance module), Bloomberg (particularly PORT, AIM, or MARS), or another major trading and/or portfolio management system is required.
Demonstrated professional leadership and ability to coach and mentor junior staff, being an excellent team player with strong interpersonal skills and the highest ethical standards is required.
Excellent communication skills -- both verbal and written are required.

Nice To Haves

Professional certification(s) in CFA, CPA, FRM, PRM is a strong plus.
Data management experience, including data cleansing, transformation, and validation is desired.
Experience in designing, deploying, and maintaining AI models and agents in the investment management realm is a strong plus.
Experience giving presentations on investment risk and compliance topics in seminars, and missions and communicating/interacting on these topics with a broad range of audiences is desirable.
Second language is a plus.
Demonstrate the ability to collaborate effectively across teams, disciplines, cultures, and institutional boundaries.
Responsibly leverage digital and AI-enabled tools to enhance productivity, learning, and decision-making.
Bring experience working in fragile, conflict-affected, and violent (FCV) contexts and are encouraged to highlight relevant experience in their application materials, where applicable.

Responsibilities

Designing, developing, and implementing methodologies, policies, and procedures for top quality investment compliance, risk analytics, and related reporting of WBG Treasury-managed investment portfolios.
Leading or contributing to key projects such as the implementation of systems, models, and/or tools for investment compliance, market risk, credit and counterparty risk. This includes taking a leading role in the implementation of the Murex Limits & Compliance module for post-trade compliance as part of Project TANGO.
Providing analytical leadership to the team in the areas of investment guideline monitoring and compliance by (i) quickly identifying and resolving compliance exceptions; (ii) developing, implementing and reviewing complex logic-based rules, formulas, and code for specific criteria or restrictions; (iii) reviewing and validating that the daily, weekly and monthly deliverables of the team are completed timely and accurately; (iv) researching and testing new technologies to improve the compliance monitoring processes and workflows.
Participating in the interpretation and revision of existing investment guidelines and in the preparation of new guidelines. Recommend improvements to guidelines to aid the interpretation and improve the ability to systematically monitor investment guidelines.
Producing and distributing investment reports and communicating directly with key stakeholders and clients. as needed.
Developing analytical tools and providing support to portfolio managers and management in the areas of compliance, investment guidelines, market risk, credit risk, portfolio rebalancing, and reporting as well as developing and maintaining system and workflow documentation, noting changes in processes as they occur.
Mentoring, guiding, and coaching new and junior team members.
Staying abreast of the industry’s best practice and technology improvements pertaining to the team’s functions and work program.
Maintaining close contacts and liaising regularly with internal and external counterparts including colleagues across WBG Treasury and the broader Finance Partners, commercial and investment banks, asset managers, and central banks.
Prepare materials for professional collaborations, advisory engagements and workshops with central banks and other official sector institutions.
Share and disseminate knowledge of updates to industry best practice within the team; and
Assist in additional projects as needed within TREQA.