Entry-level Associate Financial Officer/Financial Officer (Treasury IFC) at the World Bank

Posted on Mon 27th Jul, 2015 - www.hotnigerianjobs.com --- (0 comments)

The World Bank, a member of the World Bank Group, is a vital source of financial and technical assistance to developing countries around the world. Our mission is to fight poverty with passion and professionalism for lasting results and to help people help themselves and their environment by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors.

The World Bank Group is launching a recruitment drive aimed at increasing the number of Sub Saharan Africans in its work force. This commitment to hire Sub Saharan Africans reflects the Bank Group’s senior leadership commitment for a diverse workforce in which African nationals can play a key role in fighting poverty and increasing shared prosperity. Employment opportunities will be in various technical areas and professional streams for talented and diverse young professionals and mid-career level professionals to contribute and grow their skills in a career in international development.

A career with the World Bank Group offers a unique opportunity for exceptionally talented individuals with a passion for international development to contribute to solving some of the world’s most pressing problems. Bank staff work with governments, civil society groups, the private sector, and others in developing countries around the world, assisting people in all areas of development, from policy and strategic advice to the identification, preparation, appraisal, and supervision of development projects.

We are recruiting to fill the below position:

Job Title: Associate Financial Officer/Financial Officer

Location:
Nigeria
Area: Treasury (IFC)

Descriptions
  • Treasury at International Finance Corporation (IFC) oversees the financial health of the organization while seeking ways to stimulate growth in emerging markets. It also offers products and services to IFC's client companies and institutions, working in close collaboration with IFC's investment departments. Our work supports the broader IFC mission of promoting sustainable private sector investment in developing countries and includes:
    • Client Solutions - provides IFC's clients with innovative forms of local currency financing with a focus on the development of domestic debt markets to help increase the capacity for long-term local currency investment.
    • Market Operations - IFC's primary window to global capital markets, actively engaging in these markets as an AAA-rated supranational institution, including cost efficient bond issuances, maintaining required levels of operational liquidity and investing prudently across a range of liquid assets.
    • Quantitative Analysis - analytical support to various treasury functions in IFC, including derivative pricing, credit exposure measurement, asset liability management, structured finance modeling, and P&L and risk measurement.
Selection Criteria
  • Demonstrated experience in finance, preferably in fixed income or structured finance within an investment bank, rating agency, or other capital-markets related entity.
  • Candidate must have at least 5 years of relevant experience
  • Master's degree in Finance, Business, Financial Engineering, or Financial Mathematics.
  • Knowledge of structured finance, derivatives, debt capital markets and/or fixed income mathematics; strong financial modeling skills and advanced knowledge of Excel; strong analytical and problem solving capability; experience with platforms such as Bloomberg, Reuters, or Summit; enthusiasm for the development of domestic capital markets.
Application Closing Date
31st August, 2015.

How to Apply
Interested and qualified candidates should:
Click here to apply online

If you are interested in this position, please click the link above to submit your application. You will be prompted to log in to the "Member Center" or "Create a New Account". Please fill in all fields, answer the screening questions if any, attach your resume or CV, and submit your Statement of Interest (no more than 700 words).

Note
  • A select number of candidates will be interviewed in September and October 2015 in Washington, D.C. and locations in Africa and Europe.
  • Those applications that were not selected for interview during this campaign will be kept on file for up to one year and may be considered for future opportunities.
  • Only shortlisted candidates will be contacted.