The World Bank Group

Industry Specialist - Financial Services

The World Bank Group$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Finance, Economics, Actuarial Science, Risk Management, Business Administration, Public Policy, or a related field.
  • 6-8 years of relevant experience in banking, insurance, reinsurance, investment, advisory, consulting, or development finance.
  • Strong knowledge of financial services, focusing on banking and insurance, and familiarity with emerging market trends.
  • Proficiency in technical analysis and translating findings into actionable recommendations.
  • Experience creating high-quality written outputs, including investment documents and sector briefs.
  • Strong quantitative and analytical skills, with experience in financial analysis and portfolio monitoring tools.
  • Strong interpersonal and communication skills, with the ability to collaborate effectively.,

Responsibilities

  • Lead or co-lead technical workstreams for insurance, housing, and banking sectors.
  • Support business development by analyzing sectors and identifying client opportunities.
  • Design innovative investment solutions leveraging WBG products and capabilities.
  • Provide technical inputs for investment and advisory engagements during the concept and monitoring phases.
  • Prepare high-quality written outputs for diverse audiences, such as investment-related documents and market intelligence briefs.
  • Engage with clients and partners to identify opportunities for business and product innovation.
  • Monitor portfolio developments, identifying risks and providing recommendations.

Benefits

  • Comprehensive retirement plan.
  • Medical, life, and disability insurance.
  • Paid leave including parental leave.
  • Reasonable accommodations for individuals with disabilities.
Full Job Description
Industry Specialist - Financial Services

Job #:
req38169

Organization:
IFC

Sector:
Financial Sector

Grade:
GF

Term Duration:
3 years 0 months

Recruitment Type:
International Recruitment

Location:
Washington, DC,United States

Required Language(s):
English

Preferred Language(s):
Spanish, French

Closing Date:
9/9/2026 (MM/DD/YYYY) at 11:59pm UTC

Description

To support the growth of this business, we are seeking an experienced investment professional with strong technical expertise, sound investment judgment, and the ability to contribute independently to IFC's insurance, Housing and Banking related investment, advisory, and knowledge agenda.
The position will be based in Washington, DC, and will report to the Manager, Banking, Housing and Insurance, Solutions & Impact.

Duties and Accountabilities:
• Lead or co-lead technical workstreams supporting IFC's insurance, Housing and Banking businesses, including market / macro assessments, regulatory positioning, competitive dynamics, company analysis, financial and operational benchmarking, product reviews, and sector diagnostics across emerging markets.
• Support business development through both top-down sector and market analysis and bottom-up client-level opportunity identification, helping translate sector insights into actionable investment and advisory opportunities.
• Contribute to designing innovative solutions and identifying investment opportunities leveraging the full range of WBG products, instruments and capabilities.
• Provide technical inputs to concept preparation, due diligence, appraisal, approval, and portfolio monitoring for investments and advisory engagements.
• Prepare high-quality written outputs for internal and external audiences, including investment-related documents, technical notes, market intelligence briefs, and portfolio reviews.
• Support strategic client and partner engagement by preparing technical materials, contributing to discussions with financial services clients and global partners, and helping identify opportunities for repeat/new business, product innovation, and market creation.
• Work closely with teams across the Prosperity VPU to identify, design, and deliver joint solutions that bring together public and private sector expertise, including opportunities linked to insurance market development, risk management, financial resilience, and broader WBG client engagement.
• Support portfolio management by monitoring sector and company-level developments, maintaining portfolio datasets and KPIs, identifying emerging risks or performance issues, and preparing concise recommendations for investment teams and management.
• Identify emerging risks, sector trends, and portfolio issues, and prepare concise recommendations for senior specialists, investment officers, and management consideration.
• Contribute to knowledge curation and knowledge management, including by leveraging AI-enabled tools to organize, synthesize, and provide timely access to sector insights, lessons learned, market intelligence, and analytical resources for investment teams.
• Mentor and guide junior analysts or consultants, where relevant, by reviewing analytical outputs, sharing technical knowledge, and helping maintain quality standards across team deliverables.

Selection Criteria
• Master's degree in Finance, Economics, Actuarial Science, Risk Management, Business Administration, Public Policy, or a related field, with at least 6-8 years of relevant professional experience in banking, insurance, reinsurance, investment, advisory, consulting, or development finance.
• Strong knowledge of the financial services sector, especially banking and insurance, including business models, financial statements, regulatory frameworks, risk management practices, distribution channels, and emerging trends in developing markets.
• Knowledge of WBG products and instruments, and/or experience with IBRD products, guarantees, or risk management solutions, would be an advantage.
• Demonstrated ability to independently conduct technical analysis and translate findings into practical recommendations for investment, advisory, portfolio, or strategy decisions.
• Experience in preparing high-quality written outputs, including investment documents, due diligence notes, sector briefs, market assessments, portfolio reviews, or knowledge products.
• Ability to manage multiple workstreams, coordinate inputs from stakeholders, and deliver high-quality outputs under time pressure with limited supervision.
• Strong quantitative and analytical skills, including proficiency with financial analysis, Excel-based modeling, market data, and portfolio monitoring tools; familiarity with analytical packages or coding tools would be an advantage.
• Strong interpersonal and communication skills, with the ability to engage effectively with investment teams, technical specialists, clients, and external partners.
• Demonstrated experience in knowledge management or knowledge curation, with the ability to use AI-enabled tools and digital platforms.
• Fluency in English required; fluency in French or Spanish desired.
• Willingness to travel extensively as needed.

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.

Learn more about working at the World Bank and IFC including our values and inspiring stories.

About The World Bank Group

The World Bank Group is a group of five international organizations responsible for providing finance and advice to countries for the purposes of economic development and eliminating poverty. The group includes the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). The World Bank Group is headquartered in Washington, D.C. and has more than 16000 employees in over 120 offices worldwide.
Learn more about The World Bank Group
Size
16,000 employees
Industry
Founded
1994

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