Financial Analyst

Financial Analyst Job #: req38452 Organization: World Bank Sector: Treasury Grade: GE Term Duration: Open-Ended Staff (OPEN-OP) Recruitment Type: Local Recruitment Location: Chennai,India Required Language(s): English Preferred Language(s): English Closing Date: 10/12/2026 (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 The Pension and Endowments Department (PEN) is responsible for the financial management and administration of the World Bank Group's funded benefit plans. Financial management includes asset management responsibilities and actuarial support. PEN manages about $40 billion US dollars invested across a range of asset classes, including fixed income, public equities, private equity, real assets, absolute return, and credit strategies. The Pension Finance Committee, appointed by the Bank Group President and chaired by the Chief Financial Officer, has oversight responsibility for the financial management of the plans. PEN’s responsibilities also include the delivery of technical assistance on multi- asset class investment management to pension plans, endowments and funds for the future, and the management of the Pension Administration function. PEN identifies, selects, evaluates, and monitors investments, through outside managers, globally. The Pension Middle Office team (PENMO) under PEN is responsible for providing a full range of functions supporting these investment activities, including the following: i) pension plan operational activities, ii) pension plans financial statements, iii) pension investment performance and attribution, iv) asset class exposure monitoring, v) investment asset pricing and valuation, and vi) third-party clients’ reporting. The World Bank Group is committed to achieving diversity in terms of race, gender, nationality, culture, and educational background. Individuals with disabilities are equally encouraged to apply. All applications will be treated in the strictest confidence. The Financial Analyst will work within a collaborative team to support timely and accurate financial reporting, investment operations, tax recovery, valuation review, control assurance, and process improvement activities. Duties and Accountabilities: The primary responsibilities will be in the domain of financial reporting and investment operations that will include, but is not limited to, some combination of the following activities: 1. Prepare financial reporting deliverables for IBRD’s quarterly and annual reporting as per applicable US GAAP pronouncements. 2. Review the Pension Plans' investment manager tax reporting, analyze K-1s and equivalent tax documents, identify tax recovery opportunities, coordinate with investment managers and external tax advisors, and track recovery initiatives through completion. 3. Perform investment operations activities, including account openings, custodian relationship support, wire instruction maintenance, futures margin management, class action monitoring and reconciliation, cash and position investigations, and resolution of operational exceptions. 4. Prepare quarterly and annual financial reporting deliverables, including working papers, reconciliations, footnotes, and financial statements, in accordance with applicable IFRS and US GAAP requirements. 5. Analyze the valuation of private market investments, including private equity, private credit, real estate, and infrastructure assets; identify exceptions; and enhance controls over fair value reporting. 6. Provide assurance over critical Pension Plan processes and controls through process reviews, risk assessments, control testing, and documentation reviews, supporting the effectiveness of the internal control framework and internal and external audit activities. 7. Support process improvement, automation, and strategic initiatives, including systems implementation, dashboard development, data analytics, workflow enhancements, and maintenance of policies and procedures to improve operational efficiency and strengthen controls. 8. Respond to ad-hoc requests and escalate daily operational issues with custodians, internal stakeholders and external parties Selection Criteria 1. A professional accounting designation such as CA, CPA or ACCA is required. Any master’s degree in finance, accounting, or Business (MBA) or having a CFA charter will be an added advantage. 2. Bachelor’s or master’s degree, with a minimum of two years of relevant professional experience, or an equivalent combination of education and experience. A degree in Finance, Accounting, Business Administration, or a related field is desirable. 3. A professional designation such as CFA, CA, or CIMA is preferred. 4. Candidates must have a minimum of two years of relevant domain experience in one or more of the following areas: investment operations, internal audit, accounting, financial reporting, valuation, tax reporting, or related financial control activities. 5. Strong analytical skills and advanced Excel proficiency. Knowledge of Power Query, prompt engineering, and/or Python would be an advantage. 6. Demonstrated ability to learn and apply new technologies quickly and effectively. 7. Experience working with custodians, fund administrators, investment managers, general partners, and other external service providers. 8. Excellent verbal and written communication and presentation skills. 9. A high level of initiative and self-motivation, with a practical approach to problem-solving and the ability to work with minimal supervision. 10. Commitment to working in a respectful, team-oriented, and multicultural environment. 11. Flexibility to overlap with U.S. business hours to meet reporting deadlines and willingness to travel to Washington, DC, as required. 12. Commitment to the highest ethical standards. Competencies: o Financial Market Literacy - Can understand financial market processes; reads and analyzes financial reports and data such as holdings, valuation, performance, compliance, account reconciliations, position, margin, and settlement and risk reports. o Financial Market Literacy: Understands financial market processes and can read and analyze reports and data covering holdings, valuations, performance, compliance, account reconciliations, positions, margin, settlement, and risk. o Process and Infrastructure Development: Recommends improvements to the efficiency and effectiveness of accounting, operational, and business risk processes. o Operational Risk and Control: Understands the fundamental concepts of risk management, internal controls, and control frameworks. o Client Orientation: Establishes effective working relationships with internal and external clients and demonstrates independence, initiative, and responsiveness in addressing client needs. o Drive for Results: Takes ownership and accountability for meeting deadlines and achieving agreed results while maintaining strong organizational discipline. o Teamwork, Collaboration, and Inclusion: Collaborates effectively with colleagues, contributes productively to team objectives, and respects diverse perspectives. o Knowledge, Learning, and Communication: Researches and drafts high-quality written materials, reviews materials for accu