Senior Financial Officer (Engagement Manager)
| Job #: | req36593 |
| Organization: | World Bank |
| Sector: | Financial Sector |
| Grade: | GG |
| Term Duration: | 3 years 0 months |
| Recruitment Type: | International Recruitment |
| Location: | Washington, DC,United States |
| Required Language(s): | English |
| Preferred Language(s): | proficiency in other languages is desirable |
| Closing Date: | 5/20/2026 (MM/DD/YYYY) at 11:59pm UTC |
Description
Do you want to build a truly worthwhile career? Working at the World Bank Group provides a unique opportunity for you to help our members 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 http://www.worldbank.org/
The World Bank Group Treasury is the Vice Presidency, reporting to the Managing Director and World Bank Group Chief Financial Officer, performing treasury functions for the IBRD, IDA, IFC, and, to varying degrees, for other members of the World Bank Group and other public sector investors. Its activities are organized and grouped into the following departments: Asset Management, Client Solutions and Structuring, Capital Markets, Operations, and Partnership & Advisory. The Treasury VPU also includes the Risk, Compliance, and Controls Unit.
The WBG Treasury has been a major player in international financial markets for over 70 years and has earned a global reputation as a prudent and innovative borrower, investor, and risk manager. Treasury is responsible for: (i) managing approximately $205 billion in assets for the World Bank and other official sector investors; (ii) leading IBRD's, IDA's, and IFC’s triple-A rated financing programs in international and domestic bond and derivative markets; (iii) conducting asset and liability management for IBRD's, IDA's, and IFC’s balance sheets; (iv) overseeing the development and outreach related to the financing and hedging products the Bank provides for its developing-country members; and (v) collaborating with the World Bank member countries to help build their capacity. Staff in Treasury regularly interact and work with other Departments across the Bank and Finance Partners’ teams.
Partnership and Advisory (TREAA):
The World Bank Group Treasury Partnership & Advisory Department (TREAA) serves as the institutional focal point for World Bank Group Treasury engagements with external public-sector asset management clients, including members of the Reserve Advisory & Management Partnership (RAMP). As a trusted partner to public asset managers worldwide, the Department designs and delivers capacity-building and advisory services tailored to the needs of central banks, international financial institutions, sovereign wealth funds, public pension funds, and other public institutions. A significant share of the Department’s work is delivered through RAMP, the World Bank Group’s flagship platform for public asset management. Established in 2001, RAMP supports a global network of nearly 100 public asset management institutions that collectively oversee more than US$2 trillion in assets. To date, RAMP has advised over 100 public institutions and trained more than 10,000 public-sector professionals, advancing sound public asset management practices. Drawing on the World Bank Group’s expertise, RAMP helps central banks strengthen resilience to economic shocks, enables sovereign wealth funds to safeguard intergenerational wealth, and supports public pension funds in meeting long-term obligations.
The Partnership and Engagement unit (TREAP) manages relationships with WBG Treasury’s public asset management clients and external partners, including RAMP members. It works closely with clients to assess their institutional capacity and design tailored engagement plans. The team also coordinates with relevant World Bank Group units to deliver advisory and training to clients and address operational and legal matters. In addition, it oversees RAMP’s financial resources and leads outreach efforts to prospective members.
Duties and Accountabilities:
The Senior Financial Officer (Engagement Manager) works under the guidance of the Partnership and Engagement (AP) Manager and is expected to carry out all responsibilities in close coordination with the Manager and in collaboration with colleagues across TREAA, Treasury, and the World Bank Group. Primary responsibilities include the following:
• Lead and facilitate member institutions in identifying a set of annual capacity-building initiatives (each of which maps back to a generally defined set of key performance indicators) designed to support the continuous improvement of reserve management staff capabilities, policies, and practices.
• Working collaboratively with the AP Manager and relevant colleagues, 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.
• Under the guidance of the AP Manager, carry out business outreach to prospective RAMP members and design outreach strategies, including enhancing existing background material and information on the RAMP program.
• Together with colleagues, co-lead or participate in workshops, including designing the agenda and preparing and delivering presentations, case studies, and policy notes.
• Work collaboratively with colleagues in Treasury and other World Bank units to 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.
• Significant international travel is required.
Selection Criteria
The successful candidate should have the following qualifications:
• 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
• Fluency in Arabic, French, or Spanish is highly desirable.
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.