World Bank: Financial Analyst – Paris

About the World Bank Group

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 and promoting shared prosperity. 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

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.

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 (GE) reports to the Manager of the TREPK unit. She/he will be expected to undertake the following roles and contribute to other Treasury initiatives as needed.

• Contribute to technical advisory through missions, ad-hoc consultations, workshops, conferences, and webinars on asset management (governance, investment policy, asset allocation), responsible investing, risk management, and other areas of expertise relevant to official sector asset management.
• 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.
• Contribute to advancing knowledge and expertise in strategic asset allocation (governance, investment policy, asset allocation), responsible investing , risk management, and other areas of official sector asset management as needed.
• Monitor and stay abreast of market developments and relevant research in tandem with best practices and recent trends.
• Contribute to the design, development, and implementation of quantitative models, provide quantitative research for client advisory and investment products.
• Contribute to developing new investment products in coordination with relevant units in the Treasury.
• Contribute to the collaboration and cooperation across the department and VPU, across the World Bank, with clients, other development partners, research centers, and industry experts.
• Contribute to the relationships with clients, and interact with World Bank Finance Partners and other business units (e.g., Legal, ITS) to support the delivery of the work program.
• Contribute to the expansion of outreach activities by helping enhance the RAMP program”s communication, marketing, and branding.
• Contribute to additional projects as needed within the department.

Qualifications

The successful candidate should have the following qualifications:

• Masters' degree, or a higher qualification, in Economics, Finance, Statistics, Mathematics or equivalent. A professional certification, e.g., CFA, would be a plus.
• Two years of work experience or equivalent combination of education and experience in economics and finance.
• Some experience with a public or private asset owner or a capital markets department (asset managers, banks, central banks, sovereign wealth funds, pensions, endowments, etc.), or with an international organization, is an asset.
• Strong background in economic or financial modeling, e.g., econometrics, modern portfolio theory, optimization applied to asset allocation models for fixed-income and multi-asset class portfolios.
• Experience with macro-financial modeling of climate change would be a plus.
• Capacity to produce research material, e.g., working papers, research notes, research reports.
• Programming experience with Python, Matlab, Julia or similar analytical tools is required.
• Familiarity with Bloomberg or other major trading and risk system is desirable.
• Capacity to introduce new ideas and implement new financial solutions is highly desirable.
• Excellent communication skills – both verbal and written.
• Experience giving presentations and communicating and interacting with a broad range of stakeholders and audiences.
• Proven capacity to multi-task, deliver results and respond quickly and effectively to requests.
• Fluency in English is required.
• Proficiency in French, Spanish or other languages is an asset.
• Original thinking and quick learning abilities with strong initiative drive and attention to detail.
• Excellent team player with strong interpersonal skills and commitment to work in a team-oriented, multicultural 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

Benefits

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.