Senior Financial Officer

Senior Financial Officer

Job #:
req39320

Organization:
World Bank

Sector:
Budget

Grade:
GG

Term Duration:
Open-Ended Staff (OPEN-OP)

Recruitment Type:
International Recruitment

Location:
Washington, DC,United States

Required Language(s):
English

Preferred Language(s):

Closing Date:
11/16/2026 (MM/DD/YYYY) at 11:59pm UTC

Description

The Controllers (CTR) Vice Presidency is responsible for all aspects of the financial reporting, internal control framework for IBRD, IFC, IDA, MIGA, and the extensive Trust Fund/Partnership portfolio of the WBG entities. It supports an appropriate fiduciary control framework and administering disbursements for Bank lending and leads the client service function for the WBGs corporate expenses.

Organizationally, CTR is comprised of three departments: (1) Corporate Accounting and Reporting, (2) Financial Operations, and (3) Loans and Financing Operations. In CTR, our mandate supports both internal and external clients while we focus on delivery, optimization, impact, and people & culture.
Within CTR, the Financial Instruments: Accounting and Valuation Division (CTRAV) is responsible for product control functions for financial instruments - bonds, derivatives, and liquid asset investments for IBRD, IFC, IDA and Trust Funds except for pension funds. These include financial instrument product aligned accounting, determination of the lending rate of the Bank, producing valuation for the IBRD/IDA bonds, derivatives, and loans, system implementation of related financial models and valuation review, market data sourcing and verification, implementing accounting policies around financial instruments, independent price verification, financial instrument related data management and providing disclosure information for financial statements regarding these financial instruments.

The Senior Financial Officer will play a lead role in the delivery and oversight of internal reports and in coordinating enhanced digitalization especially for the Murex platform. He/she will interact with counterparts in Finance (CTR, Chief Risk officer, Treasury, and Corporate Finance) and also with external counterparts especially MDBs. He/she will represent the division in working groups related to new initiatives and new financial instruments.

What you will do:
• Lead the oversight and delivery of internal reports including computation of lending rate and the allocation of debt for relevant loan pools.
• Conduct spread analysis
• Coordinate across the division to enhance automation and digitalization using appropriate technologies.
• Advise on Murex related solutions pertaining to all financial instruments.
• Lead systems projects and initiatives.
• Coordinate with stakeholders across the World Bank Group, strategic vendors, and with other MDBs/banks.
• Provide training and direction to less experienced staff.

Selection Criteria

What you will bring:

Education:
• Master's degree with 8 years of experience or equivalent combination of education and experience..
• Professional finance/accounting qualification (CFA and / or CA, CPA, ACCA or equivalent accounting qualification) would be a plus.

Experience:
• Minimum of 8 years of relevant work experience
• Professional experience with major financial institutions, financial technology firms or a Big 4 accounting firm with practical knowledge of financial instruments, controls, and automation.

Knowledge and Skills:
• Strong understanding of various fixed income products.
• Strong knowledge of Murex or other front-to-back treasury systems.
• Proven quantitative and qualitative analytical skills, including excellent spreadsheet skills. Familiarity with financial modeling techniques, programming languages (e.g., Python), writing macros will be a plus.
• Hands-on experience of accounting, financial analysis and reporting in an integrated financial systems environment
• Knowledge of integrated financial systems such as SAP, SAP BI/BO reporting tools.
• Demonstrated high level of initiative, self-confidence and a self-starter.
• Diplomacy and strong interpersonal skills; commitment to work in a team-oriented, multi-cultural environment; detail oriented.
• Excellent verbal and written communication and presentation skills, including preparing presentations for senior management.

Abilities:
• Ability to deliver results and respond quickly and effectively to requests.
• Ability to lead systems projects and institutional initiatives.
• Ability to lead discussions with internal and external stakeholders.
• Ability to leverage digital and AI-enabled tools to enhance efficiency and productivity
• Ability to meet tight deadlines.
• Strong communication skills, including the ability to explain and express views/opinions clearly and confidently.
• Ability to deal sensitively in a multi-cultural environment and build effective working relations with clients and colleagues.

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

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

WBG Five Managerial Competencies Include only for managerial positions

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.