Senior Financial Officer

Senior Financial Officer

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

The World Bank Group Treasury

Are you inspired by a global mission to end poverty? Do you want to build a career in finance with a global impact? The World Bank Group Treasury is one of the few places where you can be on the leading edge of finance as it sits at the only nexus of finance, innovation, and international development. We manage the institution's finances to enable all World Bank operations and lending.

Departments & Teams

The World Bank Group Treasury has five departments and a compliance and controls team. Learn more about our organization: https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do. 

Poverty has no borders, and neither does excellence.

With employees based in Washington, Chennai, Paris, Singapore, Sofia, London, and Tokyo, the World Bank Group Treasury represents over 50 nationalities, and our leadership team hails from all regions of the world. We are proud to be an equal opportunity and inclusive employer. We have a dedicated and committed workforce and do not discriminate based on gender, race, ethnicity, religion, disability, sexual orientation, or gender identity. Learn more about Treasury’s greatest strength: its diverse and dedicated staff.

Partnerships and Advisory Department

The World Bank Group Treasury Partnerships & Advisory Department 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.

Advisory and Knowledge

The team is responsible for delivering advisory, training, research, and capacity-building solutions to World Bank Group Treasury clients, including RAMP members. The team manages a comprehensive training program, such as workshops, webinars, internships, and third-party training, for a global network of public asset managers. The team publishes applied research that advances clients and strengthens the public investor community. It also leads the development of new investment products and quantitative solutions with relevant World Bank Group teams.

Duties and Accountabilities:

The Senior Financial Officer (GG) reports to the Manager of the TREPK unit. They will be expected to undertake the following roles and contribute to other Treasury initiatives as needed.

1. Provide technical advisory through missions, ad-hoc consultations, workshops, conferences, and webinars, on asset management information technology (financial asset management systems), and other areas of expertise relevant to the official sector asset management (e.g., central banks, public pension and sovereign wealth funds).

2. Provide advisory on the adoption of artificial intelligence and advanced analytics within financial asset management functions, including governance, risk management, data foundations, and institutional readiness, aligned with emerging regulatory expectations and global practices.

3. Lead and contribute to assessments of front-to-back asset management systems, including trading, risk management, payments, settlements, accounting, and reporting systems, and contribute to recommendations aligned with industry standards and sound control frameworks.

4. Provide advisory input across the systems procurement lifecycle, including requirements definition, RFIs, RFPs, evaluation methodologies, proof-of-solution activities, and implementation readiness, ensuring transparency and alignment with client governance and budgetary processes.

5. Provide guidance on data architecture and foundations, including data quality, system integration, and effective front-to-back data flows.

6. Produce knowledge and research content relevant to Trust Funds, RAMP members and other clients, including applied research papers/notes with emphasis on public asset management.

7. Provide technical briefings to senior management, investment committees, and boards of client institutions on subjects related to the area of expertise.

8. Contribute to developing new investment products in coordination with TREAP, TREAM, and other relevant units in Treasury.

9. Contribute to the collaboration and cooperation across the department and VPU, across the World Bank Group, with clients, other development partners, research centers, and industry experts.

10. Contribute to the relationships with clients, and interact with World Bank Group Finance Partners and other business units (e.g., Procurement, Legal, ITS) to support the delivery of the work program.

11. Contribute to the expansion of outreach activities by helping enhance the RAMP program's communication, marketing, and branding.

12. Contribute to additional projects as needed within the department.

Selection Criteria

The successful candidate should have the following qualifications:

1. Master’s degree in Finance, Business, Engineering, Computer Science, Information Technology, or a related field. Minimum of 12 years of progressively responsible experience in financial services, public-sector institutions, or comparable environments

2. Strong understanding of financial markets and asset management operations, including trading, risk management, payments, settlements, valuation, accounting, and end-to-end investment workflows.

3. Proven experience implementing financial asset management systems and technology ecosystems, including hands-on involvement in testing, integration, and data migration.

4. Proven experience implementing AI solutions and advanced analytics in asset management and financial services, including in the areas of governance, risk, and data quality.

5. Demonstrated experience supporting system-related initiatives, including requirements definition, RFI/RFP processes, evaluation approaches, and solution validation (e.g., proof of solution).

6. Demonstrated understanding of system interdependencies and integration risks, with the ability to provide advisory input on end-to-end system design, data flows, and operational resilience.

7. Sound understanding of the end-to-end systems procurement lifecycle, including pre-solicitation, solicitation, evaluation, award, and implementation phases, together with associated governance and budgetary processes.

8. Sound understanding of the end-to-end systems procurement lifecycle, including associated budgetary planning and cost management processes.

9. Working knowledge of information security, control practices, and data governance requirements in financial institutions.

10. Capacity to produce research material, e.g., working papers, research notes, research reports.

11. Proven experience with policy and decision-making of official institutions is highly desirable.

12. Excellent written and verbal communication skills, with the ability to synthesize complex issues and communicate effectively with both technical and non-technical audiences.

13. Strong interpersonal skills and the ability to work across organizational boundaries, foster collaboration, and contribute effectively in multicultural and multidisciplinary teams.

14. Strong analytical judgment and problem-solving skills, with the ability to articulate options, trade-offs, and practical recommendations in complex institutional environments.

15. Proven capacity to multitask, deliver results, and respond quickly and effectively to requests.

16. Fluency in English is required. Proficiency in French, Spanish or other languages is an asset.

17. Original thinking and quick learning abilities with strong initiative drive and attention to detail.

18. Excellent team player with strong interpersonal skills and commitment to work in a team-oriented, multi-cultural environment with the highest ethical standards.

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.