Investment Officer

World Bank Group • Washington, DC

6h

About The Position

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.

As part of the WBG Treasury, 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 and guideline monitoring for those portfolios. The team also provides 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 in the areas of portfolio analytics, investment performance measurement and attribution, client reporting and guideline monitoring, which will include, but not be limited to:

• Design, develop and implement the methodologies, policies and procedures on risk analytics, performance attribution, reporting of the fixed income portfolios.
• Leading or contributing to key projects such as implementing systems or tools on market risk, credit and counterparty risk, investment performance, attribution and reporting.
• Being responsible for the production and distribution of investment reports and communicate directly with clients as needed; being able to quickly identify and effectively resolve issues relating to performance measurement, attribution and client reporting,
• Developing analytical tools and providing support to portfolio managers and management in the areas of market risk, credit risk, performance, reporting, portfolio rebalancing, as well as developing and maintaining the workflow documentation, noting changes in processes as they change.
• Providing analytical support to the team in the areas of investment guideline monitoring and quickly identify and resolve issues relating to such; developing, implementing and reviewing complex logic-based rules/formulas for specific criteria or restrictions; reviewing and ensuring that the daily, weekly and monthly deliverables of the team are completed correctly.
• Participating in the interpretation and revision of existing guidelines and in the preparation of new guidelines. Recommend improvements to guidelines to aid the interpretation and improve the ability to monitor investment guidelines.
• Mentoring/guiding/coaching junior team members.

All QSA staff will also have the following responsibilities to some degree:

• Keep abreast of the industry’s best practice and technology improvements pertaining to the team’s functions.
• Maintaining close contacts and liaising with internal and external counterparts including Treasury colleagues in the investment, pension and funding departments; 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.
• Communicate any regulatory requirements and industry best practice changes to the Department; and
• Assist in additional projects as needed within QSA.

Requirements

• Master’s degree (or equivalent work experience) in finance, engineering, data science, mathematics or related discipline and 5 years’ relevant work experience in finance and investments (with focus on portfolio management, and market risk)
• Strong knowledge of financial instruments, financial derivatives, valuation, and risk management.
• Proven quantitative modeling skills with substantial programming experience in Python. Deep knowledge and experiences with Bloomberg or other major trading and portfolio analytic system is strong plus.
• Demonstrated professional leadership and ability to lead, coach, and mentor junior staff, excellent team player with strong interpersonal skills and the highest ethical standards is required.
• Excellent communication skills -- both verbal and written are required. Experience giving presentations/trainings and communicating/interacting with a broad range of audiences is desirable.

Nice To Haves

• Professional certification in CFA, CPA, FRM, PRM is a plus.
• Second language is a plus

Responsibilities

• Design, develop and implement the methodologies, policies and procedures on risk analytics, performance attribution, reporting of the fixed income portfolios.
• Leading or contributing to key projects such as implementing systems or tools on market risk, credit and counterparty risk, investment performance, attribution and reporting.
• Being responsible for the production and distribution of investment reports and communicate directly with clients as needed; being able to quickly identify and effectively resolve issues relating to performance measurement, attribution and client reporting
• Developing analytical tools and providing support to portfolio managers and management in the areas of market risk, credit risk, performance, reporting, portfolio rebalancing, as well as developing and maintaining the workflow documentation, noting changes in processes as they change.
• Providing analytical support to the team in the areas of investment guideline monitoring and quickly identify and resolve issues relating to such; developing, implementing and reviewing complex logic-based rules/formulas for specific criteria or restrictions; reviewing and ensuring that the daily, weekly and monthly deliverables of the team are completed correctly.
• Participating in the interpretation and revision of existing guidelines and in the preparation of new guidelines. Recommend improvements to guidelines to aid the interpretation and improve the ability to monitor investment guidelines.
• Mentoring/guiding/coaching junior team members.
• Keep abreast of the industry’s best practice and technology improvements pertaining to the team’s functions.
• Maintaining close contacts and liaising with internal and external counterparts including Treasury colleagues in the investment, pension and funding departments; 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.
• Communicate any regulatory requirements and industry best practice changes to the Department
• Assist in additional projects as needed within QSA.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level