Portfolio Manager

World Bank Group•Washington, DC

5d•Onsite

About The Position

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. With 189 member countries and more than 130 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org The World Bank Group Treasury Are 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 Group 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 Group operations and lending. Each year, we issue over $120 billion in bonds, prudently manage around $300 billion in assets, and process over $10 trillion in transactions. Departments & Teams Treasury has five departments and a compliance and controls team. Learn more about our organization: https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do. With us, you won't just work in financial markets: you'll help create new ones. Poverty has no borders, and neither does excellence. With employees based in London, Nairobi, Dakar, Washington, Chennai, Paris, Singapore, Sofia and Tokyo, the World Bank Group Treasury represents over 50 nationalities, and our leadership team hails from all regions of the world. We are proud to be an equal opportunity and inclusive employer. We have a dedicated and committed workforce and do not discriminate based on gender, race, ethnicity, religion, disability, sexual orientation, or gender identity. Learn more about Treasury's greatest strength: its diverse and dedicated staff.

Requirements

Master’s Degree in Business, Finance, Economics, Mathematics, Statistics or related field with minimum 5 years of relevant experience, preferably in asset management.
Knowledge and experience in trading rates and FX markets, especially derivatives, such as interest rate and currency swaps, as well as futures and options.
Solid quantitative, qualitative and analytical skills.
Strong knowledge and experience in Excel.
Knowledge of front office operations related to global fixed income, money markets and other financial instruments.
Experience with systems supporting trading activities including processes and controls surrounding the asset management business (experience with Bloomberg is a must).
Excellent communication skills – both verbal and written.
Demonstrated ability to collaborate across multidisciplinary teams in order to foster strategic business partnerships.
Proven capacity to multi-task, deliver results and respond quickly and effectively to requests.
A quick learning ability with strong initiative and drive, as well as attention to detail.
Excellent team player with strong interpersonal skills, and commitment to work in a team-oriented, multi-cultural environment with the highest ethical standards.

Nice To Haves

Proficiency in a second language.
Professional certification in CFA is a plus.
Sound understanding of other asset classes is desirable.
Experience in coding is a plus.
Experience giving presentations and communicating and interacting with a broad range of audiences is highly desirable.

Responsibilities

Independently manage short duration portfolios and sub-portfolios of high-grade fixed income fixed income bonds, money market instruments and derivatives, with a strong focus on North American markets in alignment with the team's overall investment strategy, risk appetite, and benchmark structures.
Working under the guidance of senior portfolio managers and the team lead, the role contributes to portfolio construction and positioning decisions, with growing accountability for individual portfolio and sub-portfolio outcomes over time.
Conduct research and analysis on macroeconomics, monetary policy, and interest-rate markets to inform portfolio positioning.
Develop and present views on market developments to contribute to team-wide discussions on strategy, and prepare well-structured analytical outputs to support investment decision-making across assigned mandates.
Assist in developing and implementing views on duration, yield curve positioning, sector allocation, and other investments.
Translate macro analysis into strategy recommendations with clear and well-reasoned presentation.
Support the identification and assessment of new eligible asset classes, instruments, and counterparties to improve portfolio diversification and risk-adjusted returns.
Participate in counterparty due diligence processes and assist in ensuring that proposed expansions comply with internal policies, risk limits, and governance frameworks.
Design and apply quantitative models and analytical tools to support portfolio management process and operational efficiency.
Stay current on emerging analytical methodologies and contribute ideas for innovation to senior team members.
Assist in testing and evaluating new tools and techniques prior to deployment, in line with governance standards.
Monitor interest rate, credit, liquidity, and counterparty risks across assigned portfolios, assisting in ensuring that risk exposures remain within approved limits and are consistent with the team's risk appetite.
Identify and escalate emerging risks to senior portfolio managers in a timely manner.
Contribute to the preparation of analytical materials for portfolio reviews, senior management briefings, and investment committee submissions.
Support reporting functions to ensure fiduciary transparency and high standards of reporting integrity across all assigned outputs and participate in governance forums as required.
Execute transactions across assigned portfolios with precision and sound market judgment.
Support the development and maintenance of relationships with dealers and market counterparties, contributing to best execution practices and the continuous gathering of market intelligence.
Contribute to formal reports and briefings communicating portfolio strategy and performance to internal and external stakeholders.
Support senior team members in engagements with institutional clients, management, and governance bodies as required, and assist in responding to client and stakeholder queries relating to mandate design and portfolio implementation.
Engage in professional collaboration, technical advisory engagements, and workshops with official sector asset managers and other official sector institutions, including participation in Reserves Advisory and Management Partnerships (RAMP) missions, either virtually or on-site, and contributing to presentations at external forums.
Contribute to Treasury-wide initiatives, including process improvements and strategic projects.
Share expertise across departmental forums and working groups to support the continuous evolution of the team's capabilities and the broader Treasury function.