Senior Financial Officer (Engagement Manager)

World Bank Group•Washington, DC

3d•Onsite

About The Position

The World Bank Group Treasury is responsible for performing treasury functions for the IBRD, IDA, IFC, and other members of the World Bank Group. It manages approximately $205 billion in assets, leads financing programs, conducts asset and liability management, oversees financing and hedging products, and collaborates with member countries to build their capacity. The Partnership and Advisory Department (TREAA) focuses on engagements with external public-sector asset management clients, including members of the Reserve Advisory & Management Partnership (RAMP). TREAA designs and delivers capacity-building and advisory services to central banks, international financial institutions, sovereign wealth funds, and public pension funds. The Partnership and Engagement unit (TREAP) within TREAA manages relationships with these clients, assesses their institutional capacity, designs engagement plans, and coordinates the delivery of advisory and training services.

Requirements

Advanced degree(s) in a relevant field of study, such as economics, finance, mathematics, financial economics, or financial engineering
Ten years of relevant experience in a senior position at an official sector asset management entity or an international development organization, preferably with experience and responsibilities in investment management and central bank operations
Substantial knowledge and experience across a wide array of business, policy, and operational topics associated with investment management and ancillary areas, macroeconomic, fiscal, and monetary underpinnings of asset management at the sovereign level, a firm understanding of finance and portfolio theory, as well as a practitioner's unique grasp of the key dimensions of the front, middle, and back-office aspects of a well-functioning asset management organization
Curiosity and proven interest and ability to perform research in areas of RAMP's expertise
Proven ability to manage multiple tasks and lead multiple engagements simultaneously
Highest ethical standards
Demonstrated professional leadership and ability to lead, coach, and mentor junior staff
A high degree of self-motivation, a positive attitude, and the ability and drive to lead and collaborate in a team-based, multi-cultural work environment
Experience facilitating the open exchange of ideas and selecting the appropriate beneficial solutions among alternatives. Ability to promote a culture of participation across boundaries, and to inspire collaboration and cooperation within the organization, with members and other development partners.
Excellent and proven writing skills in English, as well as verbal skills to communicate complex and technical issues in simple terms

Nice To Haves

Proficiency in other languages is desirable.
Fluency in Arabic, French, or Spanish is highly desirable.

Responsibilities

Lead and facilitate member institutions in identifying a set of annual capacity-building initiatives designed to support the continuous improvement of reserve management staff capabilities, policies, and practices.
Assist in advancing individual initiatives at the member institutions and champion progress, with sensitivity to the norms and corporate culture of the members.
Train RAMP members on the design and development of the investment policy, strategic asset allocation, and portfolio construction for various fixed-income and/or multi-asset class portfolios, based on applicable investment objectives and risk tolerance considerations.
Provide technical briefings to member investment committees and/or boards on topics relating to governance, investment policy, strategic asset allocation, and risk management.
Carry out business outreach to prospective RAMP members and design outreach strategies, including enhancing existing background material and information on the RAMP program.
Co-lead or participate in workshops, including designing the agenda and preparing and delivering presentations, case studies, and policy notes.
Facilitate the delivery of technical assistance to members and help address operational and legal matters.
Represent the World Bank and RAMP and cultivate collaborative relationships with the most senior-level representatives of the member institutions, asset management practitioners, opinion leaders, and external service providers.
Contribute to research reports, working papers, and blogs on all issues relevant to public asset managers, including governance, strategic asset allocation, and investment asset management.
Lead, participate in, and contribute to corporate and member reporting activities and write briefing notes on topical issues as necessary.