Job Description
Financial Analyst
Job #:
req38428
Organization:
World Bank Group
Sector:
Finance & Accounting
Grade:
GE
Term Duration: Open-Ended Staff (OPEN-OP)
Recruitment Type:
Local Recruitment
Location:
Chennai,India
Required Language(s):
English
Preferred Language(s):
Closing Date:
10/5/2026 (MM/DD/YYYY) at 11:59pm UTC
Description
At the World Bank, a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. For more information, visit https://www.worldbank.org/en/who-we-are/ibrd
Treasury is the Vice Presidency, reporting to the Managing Director and World Bank Group Chief Financial Officer, performing treasury functions for the IBRD and IDA and, to varying degrees, for other members of the World Bank Group and other public sector investors. Its activities are organized and grouped into the following departments: Capital Markets & Investment Management, Client Asset Management and Advisory, and Treasury Operations.
Treasury (TRE) has been a large and significant player in the international financial markets for over seventy years and has achieved a global reputation as a prudent and innovative borrower, investor and risk manager. Treasury is responsible for: (i) managing approximately $195 billion in assets for the World Bank and other official sector investors; (ii) leading IBRD’s and IDA’s triple-A rated financing programs in international and domestic bond and derivative markets; (iii) conducting asset and liability management for IBRD’s and IDA’s balance sheets; (iv) overseeing the development and outreach related to the financing and hedging products the Bank provides for its developing-country clients; and (v) collaborating with the World Bank member countries to help build their capacity. Staff in Treasury regularly interact and collaborate with other Departments across the Bank and Finance Partners’ teams.
The Treasury Operations Department (TREOP) provides a full range of operational support for Treasury’s asset management, capital markets and banking businesses. The Department is presently organized in 7 operational units: Asset and Liability Operations (TREAL), Quantitative Solutions and Analytics (TREQA), and Cash and Banking Operations (TREBK), Treasury Quantitative Modelling (TREQM), Treasury ALM & Collateral (TREAC), Treasury Market Data and Valuation (TREMV) and a Financial Technology coordination unit (TREFT).
Treasury Asset and Liability Operations (TREAL) is the unit responsible for delivering on a range of operations functions supporting the funding, investment, and asset and liability management portfolios for internal World Bank Group (IBRD, IDA, MIGA, and Trust Funds) entities. In addition, the team supports the investment portfolios for a growing roster of more than 60 client entities in domestic and international markets. The team provides integrated and end-to-end support for all trade execution and portfolio servicing activities including trade review, settlement and documentation, options monitoring, debt service and cash and collateral management across the full range of products including bonds, swaps, repos, deposits, and exchange-traded derivatives.
Treasury Banking Operations (TREBK) team ensures all World Bank Group payments, receipts, and FX related to corporate cash activity are processed and performs key reconciliation controls and reporting over cash transactions and investment portfolios. The unit consists of four teams responsible for coordinating to execute the work program: (1) cash planning and ensuring all FX conversions are executed to meet liquidity needs and processing payments and receipts for proper accounting; (2) managing bank accounts and relationships with all corporate banking counterparts (BKR): (3) performing controls to ensure the completeness, accuracy and validity of all cash and security positions, investigating and resolving differences with external records, and financial reporting of cash balances and external client reporting of investment holdings (IRA); and (4) managing the WBG’s SWIFT infrastructure, maintaining SSIs and key banking and payment static data, and managing TREBK’s technology projects (SSPM).
The TRE Operations Chennai (TRECH) is an integral part of TREOP and is responsible for a variety of duties providing vital support across its operational divisions. It works closely with the Headquarters in Washington D.C and another global business center in Sofia, Bulgaria
Duties and Accountabilities:
The incumbent’s primary responsibilities will include, but are not limited to, some combination of the following activities:
Role 1: TREAL Functions (3 positions)
• Perform various facets of post-execution activities for fixed income, derivatives, and cash products to identify, analyze and prioritize process reengineering, automation and streamlining opportunities focusing on enhancing efficiency and accuracy.
• Ensure executed trades are accurately captured and flow through from front-office to back-office systems.
• Work closely with traders and colleagues in Treasury Front office, Accounting, Banking, Credit, Development Finance, Legal, Technology, and Valuation units internally, as well as with Counterparts, Custodians, Futures Commission Merchants, and Calculation, Collateral and Fiscal Agents externally.
• Support data collection, analysis, visualization, and report writing, including by innovatively using data, stories, and analytics to build powerful narratives.
• Support automation initiatives and projects relating to various sub-operational areas including maintenance of databases, dashboards, and reports using tools such as Power-Apps/Automate.
• Assist in the development and implementation of, and compliance with, changes to TREAL procedures, processes, and standards.
• Develop training and skill enhancement initiatives (e.g., through presentations, seminars, and workshops) to transfer global knowledge and experience for various client advisory projects.
Role 2: TREBK Functions (1 position)
• Perform bank account maintenance functions, including opening, closing, and negotiating bank accounts with commercial and central banks around the world for corporate and country office needs, coordinating with business partners and Legal on a timely accurate manner.
• Conduct periodic service assessment reviews of key banking service providers. Perform bank monitoring and geopolitical monitoring functions for assigned portfolio of correspondent banking partners.
• Identify, analyze and prioritize automation opportunities and projects relating to various sub-operational areas including maintenance of databases, dashboards, and reports using tools such as, Power-Apps/Automate.
• Perform daily cash planning, ensuring that corporate bank accounts are properly funded to meet all payments, any discrepancies are resolved, and any excess/deficient positions are covered through the investment portfolio.
• Ensure timely posting of receipts, funding of payments and FX requests to the appropriate business unit and fund foreign exchange and payment requests received from Business Units across the Bank.
• Follow-up and confirm foreign exchange deals transacted directly with the Central Banks in various countries.
• Work collaboratively with teammates in resolving any issues related to disbursements or cash management as they may arise.
• Perform ad-hoc functions or assist with team d