Job Family
Treasury
Sector
Treasury
Term Duration
3 years 0 months
Recruitment Type
International Recruitment
Required Language(s)
English
Preferred Language(s)
Proficiency in one of other 5 official languages of the UN
The World Bank 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 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. Each year, we issue over $50 billion in bonds, prudently manage over $180 billion in assets, and process over $7 trillion in transactions.
Departments & Teams
Treasury has three departments and a compliance and controls team. Learn more about our organization:
https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do.
With us, you won’t just work in financial markets: you’ll help create new ones.
The World Bank Treasury launched a global recruitment campaign to attract the best and brightest talent in the world. We encourage you to learn more about Treasury, organization, people and careers at https://treasury.worldbank.org/careers.
Poverty has no borders, and neither does excellence.
With employees based in Washington, Chennai, Sofia, Singapore and Tokyo, the World Bank 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.
Duties and Accountabilities:
The Senior Portfolio Manager will be part of the Global Fixed Income (GFI) team in Paris and report to the head of the GFI team located in Washington DC. The GFI team is part of the global asset management operations managed by the Manager of TREAM in DC. The Senior Portfolio Manager will be expected to undertake the following roles in addition to contributing to other Treasury initiatives as needed.
1. Manage and/or contribute to the management of high grade fixed income portfolio of bonds and derivatives primarily in Euro, British Pound and US dollar, based on applicable investment objectives and risk tolerance considerations within the asset management framework;
2. Work closely with the teams in Washington, DC and Singapore to help formulate investment strategy and manage portfolios through trade executions during European hours across core, peripheral and EM fixed income markets;
3. Design, develop and implement new trading techniques, financial instruments and quantitative models/tools for the investment portfolios;
4. Keep abreast of market developments affecting different asset classes within and outside of the fixed income sector with a view to identifying investment opportunities and implications for existing portfolios under management;
5. Support the periodic review of investment portfolios under management, including preparation and presentation of materials to obtain management and investment committee approval of the investment policy and asset allocation recommendations; and client mandate implementations and portfolio adjustments working with TRE business partners;
6. Lead and participate in professional collaboration, technical advisory engagements and workshops with official sector asset managers and other official sector institutions;
7. Mentor and guide junior level team members;
8. Contribute to additional projects as needed within the department.
Selection Criteria
1. Masters Degree in Mathematics, Statistics, Engineering, Computer Scence, Finance, Economics, Business or related field. Professional certification in CFA is a plus.
2. 8-10 years of relevant working experience, with proven track record in portfolio management and/or trading related to global fixed income and money markets, including interest rate and currency derivatives.
3. Deep knowledge of the structure and functioning of European, UK and US fixed income markets.
4. Deep knowledge of interest rate and currency derivatives, such as interest rate and currency swaps, FX forwards, and futures. Sound understanding of other asset classes is desirable.
5. Excellent quantitative, qualitative and credit analytical skills.
6. Strong proficiency of MS Excel. Programming skills in VBA, Python or other languages are a plus.
7. Experience with systems supporting trading activities including processes and controls surrounding the asset management business.
8. Excellent communication skills - both verbal and written. Experience giving presentations and communicating and interacting with a broad range of audiences is highly desirable.
9. Demonstrated ability to collaborate across multidisciplinary teams in order to foster strategic business partnerships.
10. Proven capacity to multi-task, deliver results under stress and respond quickly and effectively to requests.
11. A quick learning ability with strong initiative and drive, as well as attention to detail.
12. Excellent team player with strong interpersonal skills, and commitment to work in a team-oriented, multi-cultural environment with the highest ethical standards.
