Senior Financial Officer

Job #:
req37929

Organization:
World Bank

Sector:
Treasury

Grade:
GG

Term Duration:
3 years 0 months

Recruitment Type:
International Recruitment

Location:
Washington, DC,United States

Required Language(s):
English

Preferred Language(s):

Closing Date:
8/7/2026 (MM/DD/YYYY) at 11:59pm UTC

Description

The World Bank Group (WBG) Treasury.
WBG Treasury is the Vice Presidency (VPU), reporting to the Managing Director and World Bank Group Chief Financial Officer, performing treasury functions for the IBRD, IDA and IFC and, to varying degrees, other members of the World Bank Group and other public and private sector entities. Its activities are organized and grouped into the following divisions: Capital Markets; Asset Management; Client Solutions & Structuring; Treasury Operations; Treasury Partnerships & Advisory; and Treasury Risk, Compliance & Controls. Treasury has been a large and significant participant in the international financial markets for over eighty years and has achieved a global reputation as a prudent and innovative borrower, investor, and risk manager. Treasury is responsible for: (i) managing approximately $300 billion in assets for the World Bank Group and other official sector investors; (ii) leading IBRD's, IDA's and IFC's triple-A rated financing programs in international and domestic bond and derivative markets; (iii) conducting asset and liability management for IBRD's, IDA's and IFC's balance sheets; (iv) overseeing the development and outreach related to the financing and hedging products the WBG provides for its developing-country clients; and (v) collaborating with the World Bank member countries to help build their financial markets related capacity through advisory services. Staff in Treasury regularly interact and work with other Departments across the Bank and IFC finance, operations, and investment teams.

Treasury Client Solutions & Structuring (TRECS)

As part of WBG Treasury, the Client Solutions & Structuring department (TRECS) provides structuring expertise and advisory services for financial products offered by IBRD, IDA, and IFC - including risk management, structured finance, local currency financing, derivatives and debt capital market solutions. The department has responsibility for asset-liability management and contributes to product innovation and financial policies.

Treasury ALM and Balance Sheet Management (TREAB)

The TRE ALM and Balance Sheet Management team has responsibility for IBRD, IDA, and IFC asset-liability management. This includes managing and execution hedging transactions, providing technical engagements with borrowers and clients, and contributing to product innovation and financial initiatives and policies.

The Senior Financial Officer will be a member of the TREAB Team. and will play a senior role in advancing IBRD, IDA, and IFC balance sheet management, ALM policy development, stakeholder engagement, and governance reporting. The position requires strong judgment, technical depth, and the ability to lead complex workstreams and across Treasury, Finance Partner VPUs, senior management, shareholders, and other internal and external stakeholders.

Duties and Accountabilities
• Lead and provide senior technical oversight for WBG ALM activities, including the use of currency swaps, interest rate swaps, and other derivative transactions to support risk management, funding, liquidity, and balance sheet objectives;
• Maintain and strengthen strategic relationships with investment banks, underwriters, derivative counterparties, shareholders, rating agencies, and other stakeholders to support the WBG's standing in global capital markets;
• Provide senior quantitative, financial policy, and analytical expertise for WBG ALM activities, including financial instrument valuation, risk measurement, capital and liquidity analysis, rating agency considerations, and the assessment of balance sheet implications under alternative scenarios;
• Work across Treasury, Finance Partner VPUs, Global Practices, Legal, Controllers, Operations, and other departments to structure and implement financial solutions for WBG borrowers, ensuring alignment with institutional policies, risk parameters, and shareholder priorities;
• Lead or substantially contribute to the development of policy, technical, and Board-facing papers related to WBG ALM, funding, liquidity risk, financial sustainability, and related governance matters;
• Lead, coordinate, and/or participate in cross-functional teams developing new financial concepts, products, frameworks, or policy responses in support of senior management and shareholder priorities;
• Serve as a central point of coordination for high-quality written communications, reporting, briefing materials, and presentations for senior management, governance committees, shareholders, the Audit Committee, and other stakeholders;
• Mentor and guide junior staff, contribute to knowledge sharing across the team and WBG Treasury, and perform other duties as assigned in response to the evolving work program.

Selection Criteria

The successful candidate should have the following qualifications:
• Master's degree in finance, economics, business, public policy, mathematics, or a related field, with substantial relevant experience in finance, financial policy, capital markets, MDB finance, or balance sheet management;
• Demonstrated senior-level experience in ALM, financial policy, risk management, treasury, capital markets, or related areas, preferably involving MDBs or other complex financial institutions;
• Deep knowledge of finance theory, derivatives, pricing and valuation models, hedging strategies, liquidity and funding risk, capital adequacy, and balance sheet risk management;
• Proven ability to exercise sound judgment, lead complex analytical and policy work, and engage effectively with senior colleagues, market counterparts, government authorities, shareholders, and other stakeholders in a multicultural environment;
• Excellent English writing and communication skills, including the ability to prepare concise, decision-ready materials for senior management, governance committees, shareholders, and other senior stakeholders;
• Ability to independently set priorities, manage an intense and rapidly evolving work program, and deliver high-quality outputs under time pressure;
• Strong integrative and stakeholder engagement skills, with a demonstrated ability to work across units, resolve issues constructively, and build consensus on technically complex matters;
• Strong knowledge of WBG financial products, policies, governance processes, and current ALM topics is highly desirable;
• Proficiency in English required; proficiency in another language and willingness to travel are desirable.

**This internal requisition is open to WBG andIMF staff only (including short-term and extended term consultants/temporaries). External candidates are requested not to apply. In case anexternal candidate applies, their application will not be considered.**