At a Glance
- Tasks: Join us to support innovative financial systems and tackle global challenges.
- Company: Be part of the World Bank Group, a leader in sustainable development.
- Benefits: Enjoy competitive pay, diverse experiences, and a chance to make a difference.
- Other info: Dynamic work environment with opportunities for growth and collaboration.
- Why this job: Make an impact on global poverty and prosperity through technology and finance.
- Qualifications: Experience in financial instruments and risk management is essential.
The predicted salary is between 81000 - 99000 £ per year.
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.
The Information and Technology Solutions (ITS) Vice Presidential Unit (VPU) enables the World Bank Group to achieve its mission of ending extreme poverty and boosting shared prosperity on a livable planet by delivering transformative information and technologies to its staff working in over 150+ locations.
As a unit within Finance ITSFI, ITSTR provides state-of-the-art information and technology applications to support the operations of the World Bank Group Treasury. Functions provided ensure that the systems meet the business needs of users and external clients to manage business processes for the World Bank group.
This position will provide support for WBG Treasury Capital Markets and Investment management departments.
Purpose and Background
Business Analyst, the candidate should have a working knowledge of financial instruments / counterparts in Murex, MLC. Strong understanding of Bonds, Money Market instruments, FX and Commodity forwards, Futures / Options, Repos / Reverse Repos and OTC Derivative trades (such as swaps, swaptions, etc.) is expected. A strong understanding of financial risk management (market and counterparty credit risk) fundamentals is desired. Additionally, experience in supporting implementation of integrated financial system applications – preparing specifications, performing design analysis and testing, etc. is expected.
Duties and Accountabilities
- Independent contributor IT professional that participates in technical design, development and implementation of risk systems.
- Represent CRMFR in the Murex implementation project as a Subject Matter Expert: in Credit Risk, Collateral Management & Compliance, and implementation streams.
- Help to create and enrich user stories requirements and to define user testing acceptance criteria.
- Gathering and documenting business and functional requirements for credit risk systems, models, and processes.
- Supporting creditworthiness evaluations by analyzing borrower financial statements, credit ratings, and risk grading frameworks.
- Monitoring credit risk across the loan portfolio to ensure compliance with established concentration limits.
- Assist in developing and executing test cases. Perform user acceptance test cases and do the reconciliations as needed to validate that test results are in line with requirements and expectations.
- Collaborate with IT in gathering, reconciling and structuring risk data for migration to Murex.
- Prepare reports and status updates for CRMFR and management.
- Contribute to the proper and timely implementation of the new platform.
- Support financial accounting, investment performance measurement, and investment guideline compliance monitoring.
Selection Criteria
Typically requires a master’s degree with 5 years of experience or a Bachelor’s Degree with a minimum of 7 years of relevant experience, or equivalent combination of education and experience.
Required Competencies
- Client Understanding and Advising - Looks at issues from the client’s perspective and advocates for clients within own area.
- Learning Orientation - Stays abreast of new trends in risk domain and developments in own specialty area.
- Broad Business Thinking - Maintains an in-depth understanding of the long-term implications of decisions.
- Business Function Knowledge - Proposes technical plans that are aligned with business objectives.
- Systems Thinking - Research the critical and underlying relationships between primary business, technology and systems platforms.
- Lead and Innovate - Develops innovative solutions.
- Deliver Results for Clients - Proactively addresses clients stated and unstated needs.
- Collaborate within Teams and Across Boundaries - Collaborates across boundaries, gives your own perspective and willingly receives diverse perspectives.
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.
E T Consultant employer: World Bank Group
The World Bank Group is an exceptional employer, offering a unique opportunity to make a significant impact on global development challenges from its London office. With a strong commitment to employee growth, a collaborative work culture, and comprehensive benefits including retirement plans and medical insurance, the WBG fosters an inclusive environment where diverse talents thrive. Join us to be part of a dedicated team that empowers each other to drive meaningful change across emerging markets.
