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.
StudySmarter Expert Advice🤫
We think this is how you could land E T Consultant
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like World Bank Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace E T Consultant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to World Bank Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on World Bank Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at World Bank Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with World Bank Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at World Bank Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former World Bank Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
