What are the responsibilities and job description for the E T Consultant - Murex position at World Bank Group?
E T Consultant - Murex
Job #:
req32852
Organization:
IFC
Sector:
Treasury
Grade:
EC2
Term Duration:
1 year 0 months
Recruitment Type:
Local Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
4/26/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, please visit www.ifc.org.
As a member of Treasury Quantitative Analytics and Modeling (CTXQM) team, the candidate will participate in the various aspects of our team deliverables including trade processing, market data research and monitoring, pre-trade analysis, preparing and publishing various reports such as Assets and Liabilities (ALM) interest rate and currency exposures, working with senior staff in developing, testing and documenting valuation models and getting involved in the TANGO project related activities such as validating requirements, testing and impact analysis on related changes.
Duties and Accountabilities:
- Support in the development of analytical tools and utilities to support new products and/or new initiatives using advanced tools and languages; provide production support to already developed tools and models as required.
- Assist in validating the results and publishing the reports from the ALM Analytics system.
- Analyze and validate the result based on the portfolio positions and market movement.
- Resolve discrepancies and anomalies in the result.
- Publish various analytical reports to clients.
- Provide ad-hoc analysis and reporting to clients using analytical tools and programming languages.
- Implement productivity-enhancing utilities and applications.
- Analyze the terms and conditions of complex derivatives transactions and map correctly to the system.
- Prepare and maintain documentation of individual and group work.
- To monitor, check the quality of the data, and investigate anomalies in the outputs.
- Evaluate and help in streamlining the team's routine processes and implementing innovative ideas using new technologies.
- Help with enhancing various stochastic models for pre-trade analysis and valuations for various products, including structured finance transactions and others.
- Participate in the Treasury system platform replacement project (TANGO).
Selection Criteria
- Master’s degree in finance or mathematics with a minimum of 5 years of experience or equivalent combination of education and additional experience.
- Knowledge of fixed income mathematics, derivatives, and information technology.
- Strong analytical skills.
- High degree of motivation to enhance productivity and efficiency using computer system.
- Careful attention to detail and reliability of the output.
- Ability to work under pressure.
- Self-motivated and able to work in a diverse global team with the necessary soft skills.
- Excellent communication skills to explain the logic behind the analysis.
- Commitment to the daily production of error-free reports and other routine tasks.
- A college degree in Finance or Mathematics and/or experience in fixed-income analysis will be a plus.
- Knowledge of Bloomberg, Reuters, and Summit will be a strong advantage.
- Proficiency preferred in the various systems and applications used in our team, including Summit, Numerix, Asset Control, Bloomberg, Reuters, C , Python, VBA, Oracle, Excel, and other tools.
World Bank Group Core Competencies
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.
Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their third-year ET appointment are not eligible for future ET appointments.
