Associate Product Owner

Job #: req36013
Organization: World Bank
Sector: Information Technology
Grade: GF
Term Duration:  3 years 0 months
Recruitment Type: Local Recruitment
Location: Washington, DC,United States
Required Language(s): English
Preferred Language(s):
Closing Date: 5/11/2026 (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
Unit Background & Context:  
The ITS Risk Management and Analytics (ITSRA) unit enables key WBG Risk functions managed by the Risk vice-presidencies and their corporate partners such as measure and monitor credit risk, market risk, operational risk, and liquidity risk to safeguard WBG institutions’ AAA rating and reputation.  The unit also engages with Treasury, WFA, and DFI to ensure proper capture, valuation, and support analytics around financial instruments and counterparties, and the risks they carry.
Role Purpose: 
ITSRA is seeking an experienced, motivated and ambitious Product Owner with extensive experience in Capital Markets domains with primary focus in the areas of Issuances, Valuation, Settlement, Accounting, Liquidity management as well as knowledge of external ratings of securities and financial counterparts.
Core responsibilities include (i) understand business needs as it relates to liquidity management domain with very good knowledge of the WB Loan products, IDA products, Capital market products and Investment products;  (ii) minimize gaps, redundancies, rework, and duplication of effort by coordinating new requirements with Business Sponsors and project governance bodies, (iii) ensure that the product based solutions are executed under ITS’s strategic guidelines (technology standards, development methodology, outsourcing/offshoring… etc.), (iv) gain an in-depth understanding of the business and its underlying processes and data and provide technical leadership to the application support team post product launch  (v) document business requirements in bank standard tools/templates ensuring the requirements meet quality standards, (vi) analyze requirements and various scenarios associated with each requirement, and (vii) prepare test cases, perform systems integration testing, document test results, regression testing, and assist users with User Acceptance testing.
Role Scope and Distinction: 
Experienced professional
• Performs professional-level research and analyses in the field of specialization.

• Proposes solutions to moderately complex problems in the field of specialization.

• Seeks common ground and negotiates issues with internal and/or external clients to recommend for higher-level approval.

• Provides knowledge-based guidance to more junior staff within the job area.

• Requires practical application of professional knowledge at a broad-based level to complete difficult assignments.
Key Responsibilities: 
• Act as Business Analyst for Capital Markets line of business within Treasury.  Specifically, this includes Liquidity Management, Issuances, buybacks, derivatives, valuations of issuances/buybacks/derivatives, trade life cycle, accounting, debt allocation as well as applications associated with these capabilities.

• Build stakeholder consensus and ensure everyone is on the same page, in agreement, and can visualize the solution being proposed

• Develop business cases, requirements, use cases, test plans, test strategies, test cases, and operational procedures and plans.

• Coordinate with fiduciary reviewers like Enterprise Architects, OIS by providing them the information using their artifacts and support related security testing.

• Participate in the procurement of COTS solution where necessary including preparation of Request for Proposals (RFP), cost estimates, benefits realization summary, inputs for procurement committee, and IT Governance.

• Ability to effectively prioritize requirements and maintain scope on a tight leash

• Document business processes and workflows

• Collaborate with Project Managers, Tech Leads, Solution Architects, Developers etc to determine if solutions currently exist (internally or externally) or whether new solutions are feasible to meet business requirements and meet project milestones and timelines.

• Leverage rapid prototyping approaches to present as-is/to-be processes/workflows and rough designs of the proposed solution

• Provide overall support to ensure the successful design, testing, and implementation of applications that support the business unit, Also, provide support in developing training materials and conducting training

• Maintain a comprehensive chronological trail of requirements and agreements and actively contribute to the project change control process. Document and manage issues and actions

• Participate in the evaluation of new products or initiatives to determine the technology support required

• Evaluate applications and IT environments, and analyze gaps between current and desired states

• Propose recommendations based on industry best practices

• Coordinate with vendors and oversee their deliverables.  (This includes reviewing proposed solutions and delivered code.)

• Train business users on applications.

• Uphold established processes and quality standards with respect to Business Analysis.

• In a post-production environment troubleshoot systems and provide solutions to the business as well as the technical teams.

Selection Criteria

Required Qualifications
Education and Experience
• Master’s degree with at least 5 years of relevant experience, or a Bachelor’s degree with at least 7 years of relevant experience in the Treasury or Capital Markets domain, Or an equivalent combination of education and experience.
Core Domain Knowledge
• Solid understanding of Loan products

• Practical experience in Risk management, particularly Liquidity Risk and Asset–Liability Management (ALM)

• Working knowledge of Treasury and Capital Markets, including fixed income instruments and derivatives

• Understanding of Trade workflow and front  and back office business processes

• Substantial experience in the Risk Management domain within a globally distributed enterprise

• Demonstrated experience working as a Business Analyst, ideally in complex financial or technical environments

Technical / Product Skills
• Advanced proficiency in: 

• Stakeholder engagement

• Product backlog management

• Data driven decision making

• Product roadmaps

• Product requirements analysis

• Product development lifecycle
• Skilled proficiency in: 

• Market research

• Value proposition development

• Sprint planning

Business and Delivery Skills
• Advanced proficiency in: 

• Business acumen

• Skilled proficiency in: 

• Agile methodologies (Scrum and Kanban)

• Influencing others

• Scaled Agile Framework (SAFe)

• Strategic communication
Communication and Stakeholder Engagement
• Excellent verbal and written communication skills

• Proven ability to: 

• Present agreed concepts clearly to senior audiences

• Ensure business architecture definitions are well articulated, documented, and formally signed off

• Clearly identify, communicate, and mitigate assumptions and dependencies
Collaboration and Leadership
• Strong teamwork, negotiation, and consensus building skills

• Ability to work effectively in a multinational, multicultural environment

• Demonstrated commitment to inclusion and respect for diversity

• Experience developing or mentoring staff to support career development and succession planning

Personal Effectiveness
• Highest standards of personal and professional integrity

• Ability to build and sustain strong collegial working relationships

• Comfortable engaging others assertively, responsibly, and supportively

• Strong conceptual, analytical, and judgment skills

• Excellent personal organization skills, with a demonstrated ability to drive work to closure
Technical Skills
• Advanced proficiency in MS Excel and SQL (required)
Preferred Qualifications
Strategic and Organizational Capabilities
• Strong organizational skills and business judgment, including the ability to: 

• Distinguish between critical and non critical issues

• Balance strategic priorities with short term delivery needs

• Deliver results under demanding or stressful timelines

• Demonstrated strategic vision, including experience translating business needs into a coherent IT or systems vision with clear deliverables
• Working knowledge of: 

• VBA, PL/SQL

• Reporting and visualization tools such as Tableau or Power BI

• Experience with capital markets trading systems (e.g., Murex, Summit)

Delivery and Program Experience
• Knowledge of or experience in Project Management
Preferred Certifications
• CFA candidate or CFA designation, or degree/certification in Risk Management

• SAFe Product Owner / Product Manager certification

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

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.

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.