Term Duration:
3 years 0 months
Recruitment Type:
Local Recruitment
Location:
London,United Kingdom
Required Language(s):
English
Closing Date:
6/22/2023 (MM/DD/YYYY) at 11:59pm UTC
Description
IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
IFC’s Treasury Client Solutions Department is a client-facing transaction-structuring and execution team that provides IFC’s clients with innovative fixed-income solutions. The group has global responsibility for derivative transactions, structured products, local currency solutions, and debt capital markets solutions.
The department is looking for a dynamic and highly motivated finance professional to join the EMEA team covering markets in Africa, Middle East, Europe and Central Asia. This is an exciting opportunity to join a team of fixed-income professionals, contribute to IFC's strategic priorities and facilitate innovative transactions across a variety of structures, asset classes, sectors and markets in the EMEA region. The position will be based in London.
Roles and Responsibilities:
- Contribute to the structuring of hedging and funding transactions through derivatives and capital markets instruments, and support traders in the execution of hedging transactions;
- Contribute to the structuring and pricing of structured finance transactions;
- Contribute to structuring and execution of IFC’s local currency bond issuances, by providing analytical and transactional support;
- Build, maintain and apply financial models associated with the structuring and pricing of transactions;
- Conduct market research in local and international debt capital markets;
- Contribute to business development and the marketing of treasury products to clients;
- Establish and maintain relationships with key stakeholders, including international investment banks, local banks, capital market firms, investors, and regulators;
- Provide analytics for investment committees and prepare memos for internal approvals;
- Participate in negotiations and travel as required; and
- Contribute to documentation review, portfolio monitoring, and valuation as needed.
Selection Criteria
- Bachelor’s degree in Finance, Financial engineering, Financial Economics, Statistics, Engineering, Actuarial Science, Mathematics or a related quantitative field;
- 2+ years of previous relevant work experience;
- Knowledge of fixed income markets, interest rate and FX derivatives, and/or structured finance;
- Strong data analysis and financial modeling skills and advanced knowledge of Excel. Knowledge of statistical software packages would be a plus;
- Flexible and responsive approach to dealing with multiple priorities, and strong attention to details under tight deadlines;
- Good interpersonal skills with a proven ability to work in a team;
- Strong oral and written communication skills.
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.