MNA FellowJob #:
req38853
Organization:
IFC
Sector:
Risk
Grade:
EC1
Term Duration:
Extended Term Consultant (ETC)
Recruitment Type:
Local Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
11/4/2026 (MM/DD/YYYY) at 11:59pm UTC
Description
The Valuation and Analytics Unit in the Investment and Credit Risk Department (CIRVA) supports the fair value process for IFC's investment portfolio. Its mandate covers equities, funds, loans, options, blended-finance transactions, AMC investments, and other instruments requiring fair values. The team is seeking an MNA Fellow to support loan valuations and new-product valuation frameworks.
Duties and Responsibilities • Support coordination of the loan valuation program to ensure quality, consistency, timeliness, and integrity.
• Perform valuations of complex fixed-income instruments.
• Support technical work on valuation methodologies for new products.
• Strengthen documentation and controls and promote consistent application of valuation policies and procedures.
• Identify valuation risks, red flags, data-quality issues, model limitations, and potential inconsistencies; recommend follow-up actions.
• Support quarterly valuation coordination, including calendar preparation, kick-off, review tracking, follow-up, sign-off coordination, reporting, and closing activities.
• Coordinate with Accounting, Internal Controls, Operational Risk, auditors, investment departments, Treasury, IT, and other support units.
• Support valuation-system maintenance and improvements, including requirements definition, user testing, data-quality review, automation, and coordination with technology teams.
• Provide technical guidance and knowledge-sharing on valuation methodologies, procedures, and analytical approaches.
• Contribute to audit responses, control reviews, operational-risk assessments, and other assurance activities.
Selection Criteria
• Master's degree in Finance, Economics, Accounting, Mathematics, or a related field, and at least two years of relevant work experience; an MBA with a finance concentration is preferred.
• Strong analytical, mathematical, and applied-finance background, including statistics, accounting, and economics.
• Knowledge of experience in fixed-income investment valuation or structured-finance product valuation.
• Ability to analyze details, solve problems, identify key issues, and communicate recommendations clearly.
• Strong written and oral English communication skills; other World Bank languages are an advantage.
• Strong interpersonal skills and ability to work with investment and portfolio staff, cluster portfolio managers, and industry and regional managers.
• Demonstrated ability to work independently and collaboratively, with flexibility to accommodate global teams.
• Commitment to the World Bank Group's mission, strategy, and values.
As the World Bank Group continues to evolve, we value candidates who:
- Demonstrate the ability to collaborate effectively across teams, disciplines, cultures, and institutional boundaries.
- Responsibly leverage digital and AI-enabled tools to enhance productivity, learning, and decision-making.
- Bring experience working in fragile, conflict-affected, and violent (FCV) contexts and are encouraged to highlight relevant experience in their application materials, where applicable.
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
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.
