E T Consultant (Associate Product Owner)

Job #: req36339
Organization: World Bank
Sector: Information Technology
Grade: EC2
Term Duration:  1 year 0 months
Recruitment Type: Local Recruitment
Location: Lebanon
Required Language(s): English
Preferred Language(s):
Closing Date: 4/24/2026 (MM/DD/YYYY) at 11:59pm UTC

Description

Do you want to build a career that is truly worthwhile? 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
ITS Vice Presidency Context:
The Information and Technology Solutions (ITS) Vice Presidential Unit (VPU) enables the World Bank Group to achieve its mission of ending extreme poverty and boost shared prosperity on a livable planet by delivering transformative information and technologies to its staff working in over 150+ locations. For more information on ITS, see this video:https://www.youtube.com/watch?reload=9&v=VTFGffa1Y7w
Innovation and partnership bond the five institutions of the World Bank Group (WBG): the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which together form the World Bank; the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries. It uses financial resources and extensive experience to help our client countries to reduce poverty, increase economic growth, and improve quality of life. To ensure that countries can access the best global expertise and help generate cutting-edge knowledge, the World Bank Group is constantly seeking to improve the way it works. Key priorities include delivering measurable results, promoting openness and transparency in development, and improving access to development information and data.
Information and Technology Solutions (ITS) enable the WBG to achieve its mission of ending extreme poverty by 2030 and boosting shared prosperity in a sustainable manner by delivering transformative information and technologies to its staff working in over 130 client countries. ITS services range from: establishing the infrastructure to reach and connect staff and development stakeholders; providing the devices and agile technology and information applications to facilitate the science of delivery through decentralized services; creating and maintaining tools to integrate information across the World Bank Group, the clients we serve and the countries where we operate; and delivering the computing power staff need to analyze development challenges and identify solutions. The ITS business model combines dedicated business solutions centers that provide services tailored to specific World Bank Group business needs and shared services that provide infrastructure, applications and platforms for the entire Group. ITS is one of three VPUs that have been brought together as the World Bank Group Integrated Services (WBGIS), to provide enhanced corporate core services and enable the institution to operate as one strategic and coordinated entity.
As a unit within Finance ITSFI, ITSTR provides state-of-the-art information and technology applications to support the operations of the World Bank Group Treasury. Functions provided ensure that the systems meet the business needs of users and external clients to manage business processes for the World Bank group.
This position will provide support for WBG Treasury Capital Markets and Investment management departments.
Purpose and Background Business Analyst, the candidate should have a working knowledge of financial instruments / counterparts in Murex, MLC. Strong understanding of Bonds, Money Market instruments, FX and Commodity forwards, Futures / Options, Repos / Reverse Repos and OTC Derivative trades (such as swaps, swaptions, etc.) is expected. A strong understanding of financial risk management (market and counterparty credit risk) fundamentals is desired. Additionally, experience in supporting implementation of integrated financial system applications – preparing specifications, performing design analysis and testing, etc. is expected.
Duties and Accountabilities
Independent contributor IT professional that participates in technical design, development and implementation of risk systems.
• Represent CRMFR in the Murex implementation project as a Subject Matter Expert: in Credit Risk, Collateral Management & Compliance, and implementation streams

• Help to create and enrich user stories requirements and to define user testing acceptance criteria.   

• Requirements & Analysis: Gathering and documenting business and functional requirements for credit risk systems, models, and processes. This includes analyzing financial data and credit exposures to identify patterns, trends, and potential risk areas.

• Credit Assessment Support: Supporting creditworthiness evaluations by analyzing borrower financial statements, credit ratings, and risk grading frameworks. This involves formulating criteria for classifying credit exposures by risk level and supporting the development of loan loss provisioning models.

• Portfolio Monitoring: Monitoring credit risk across the loan portfolio to ensure compliance with established concentration limits (by counterparty, geography, sector, and product type). Generating regular management reports on portfolio quality, risk metrics, and early warning signals

• Structure feedback and requirements from within CRMFR concisely and consistently convey them to the project implementation team  

• Assist in developing and executing test cases. Perform user acceptance test cases and do the reconciliations as needed to validate that test results are in line with requirements and expectations.

• Collaborate with IT in gathering, reconciling and structuring risk data for migration to Murex.

• Maintain issue status logs and follow up with business analysts to ensure issues are resolved.  

• Prepare reports and status updates for CRMFR and management.  

• Collaborate with IT for impact assessment of changes, developments of reporting and downstream process implementations.

• Contribute to the proper and timely implementation of the new platform.  

• Help create documentation for MUREX Risk User manuals for credit, compliance and collateral risk management functionality. 

• Collaborating with stakeholders across the World Bank Group

• Support financial accounting, investment performance measurement, and investment guideline compliance monitoring.

• Participate in systems design, working within an established framework. Typically provides directions to a team of staff and contractors in their area of expertise and may be responsible for managing the performance of team members.

• Provides business and solutions guidance to mentor team members in Risk functions.
Roles and Responsibilities
Requirements Management:

• Elicit, document, and validate business requirements; produce user stories and acceptance criteria.

• Maintain backlog; prioritize Trading, Market Risk, Treasury, Finance, and Operations.
Analysis and Design:
• Translate requirements into MX.3 configuration designs; author data and interface mappings.

• Define control and reconciliation processes; propose improvements and automation.

Coordination and Delivery:
• Work with Murex SMEs, interface engineers, data engineers, QA testers, and production support.

• Orchestrate SIT/UAT and manage defects to resolution; prepare go live and hyper care.

Selection Criteria

Education & Experience: 
Typically requires a master’s degree with 5 years of experience or a Bachelor’s Degree with a minimum of 7 years of relevant experience, or equivalent combination of education and experience.
Required Competencies:
• Client Understanding and Advising - Looks at issues from the client’s perspective and advocates for clients within own area so others to focus on meeting client needs.

• Learning Orientation - Stays abreast of new trends in risk domain and developments in own specialty area, the broader industry, and experiments with new approaches or emerging technological solutions to current business needs.

• Broad Business Thinking - Maintains an in-depth understanding of the long-term implications of decisions both for related areas within the VPU and the client’s business. Involves key players in identifying operating needs, issues and immediate solutions.

• Business Function Knowledge - Proposes technical plans that are aligned with business objectives and technical requirements.

• Business Process Knowledge - Maps full business processes and designs operational process flow.

• Business Requirements Analysis - Reviews customer business requirements and determines where support is needed relative to existing technical systems design.

• Systems Thinking - Research the critical and underlying relationships between primary business, technology and systems platforms.

• Lead and Innovate - Develops innovative solutions.

• Deliver Results for Clients - Proactively addresses clients stated and unstated needs.

• Collaborate within Teams and Across Boundaries - Collaborates across boundaries, gives your own perspective and willingly receives diverse perspectives.

• Create, Apply and Share Knowledge - Applies knowledge across WBG to strengthen solutions for internal and/or external clients.

• Make Smart Decisions - Interprets a wide range of information and pushes to move forward.

• Experience with cash management applications is mandatory.

• Strong Risk business domain expertise is a plus.

WBG Culture Attributes:

1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.

World Bank Group Core Competencies

As per WBG policy, an Extended Term (ET) appointment is subject to a lifetime maximum of three (3) years. Former and current ET staff who have completed or are in the process of completing their third-year ET appointment are not eligible for future ET appointments.

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. 

At Impactpool we do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify. Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.