Financial Officer Job #: req30240 Organization: World Bank Sector: Treasury Grade: GF Term Duration: 3 years 0 months Recruitment Type: International Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Closing Date: 11/19/2024 (MM/DD/YYYY) at 11:59pm UTC Description 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 120 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 .
About the World Bank Group Established in 1944, the WBG is one of the world's largest sources of funding and knowledge for development solutions.
It is governed by 188-member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.
The WBG consists of five specialized institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID).
World Bank Group - International Development, Poverty, & Sustainability With 189 member countries, the World Bank Group is a unique global partnership fighting poverty worldwide through sustainable solutions.
The Pension Middle Office team (PENMO) under PEN is responsible for providing a full range of functions supporting these investment activities, including the following: i) pension plan operational activities, ii) preparation of pension plans financial statements, iii) pension investment performance and attribution, iv) monitoring asset class exposures, v) all investment asset pricing and valuation, and vi) third-party clients' reporting.
Roles and Responsibilities: The primary responsibilities will include, but is not limited to, some combination of the following activities: Monitoring the Pension Plans tax leakage through public and private dashboards which will assist the team in working with the Plans Custodians and tax agents to reclaim taxes.
For example, providing assistance with respect to the analysis and collection of data from K1, K3, 1042 S etc.
using generative AI technologies.
Assist with the competitive hiring and onboarding process of key strategic vendors who make up the backbone of Pension operations including but not limited to custodians, Futures clearing merchants class action processors, tax agents etc.
Maintaining the plans operational Business Intelligence dashboard covering all aspects of the work program and providing provide support surrounding future IT implementation projects for the team.
Monitoring and reporting on relevant metrics (e.g., carbon emissions) and/or statistics and adding value to the process where data is incomplete or needs to be expanded beyond public markets.
ESG research knowledge management professional who will be responsible for capacity building within the team.
Support other aspects of operations e.g.
assisting with respect to the reporting of the Plans funding ratio to counterparts based on internal models and the oversight and reporting for the compliance monitoring process over external managers.
Selection Criteria *Master's degree in finance, accounting, economics, or a general business-related field with minimum 5 years of related experience; *Professional certification including CFA designation a plus *Good quantitative and qualitative analytical skills and proficiency in Excel, as well as strong technical proficiency in Excel macros and/ or programing; familiarity with Power Queries, Power Automate, interactive reporting (e.g.
Power BI) and Oracle databases and efficient use of coding will be a plus.
Ability to handle and analyze large amount of data.
*Ability to streamline processes to deliver accurate and useful reports to clients and carry out critical control procedures to a high degree of professionalism.
This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries).
External candidates are requested not to apply.
In case an external candidate applies, their application will not be considered.
World Bank Group Core Competencies 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.
Learn more about working at the World Bank and IFC , including our values and inspiring stories.