E T Consultant

The E T Consultant position supports the World Bank Group Treasury Capital Markets and Investment management departments by providing expertise in financial instruments and risk management systems. The role involves participating in the design, development, and implementation of risk systems, acting as a subject matter expert in credit risk, collateral management, and compliance, and collaborating with stakeholders across the World Bank Group.

Responsibilities

• Participate in technical design, development and implementation of risk systems.
• Represent CRMFR in the Murex implementation project as a Subject Matter Expert in Credit Risk, Collateral Management & Compliance, and implementation streams.
• Create and enrich user stories requirements and define user testing acceptance criteria.
• Gather and document business and functional requirements for credit risk systems, models, and processes.
• Analyze financial data and credit exposures to identify patterns, trends, and potential risk areas.
• Support creditworthiness evaluations by analyzing borrower financial statements, credit ratings, and risk grading frameworks.
• Formulate criteria for classifying credit exposures by risk level and support the development of loan loss provisioning models.
• Monitor credit risk across the loan portfolio to ensure compliance with established concentration limits.
• Generate regular management reports on portfolio quality, risk metrics, and early warning signals.
• Structure feedback and requirements from within CRMFR and convey them to the project implementation team.
• Assist in developing and executing test cases and perform user acceptance testing.
• Collaborate with IT in gathering, reconciling and structuring risk data for migration to Murex.
• Maintain issue status logs and follow up with business analysts to ensure issues are resolved.
• Prepare reports and status updates for CRMFR and management.
• Collaborate with IT for impact assessment of changes, developments of reporting and downstream process implementations.
• Contribute to the proper and timely implementation of the new platform.
• Help create documentation for MUREX Risk User manuals for credit, compliance and collateral risk management functionality.
• Collaborate with stakeholders across the World Bank Group.
• Support financial accounting, investment performance measurement, and investment guideline compliance monitoring.
• Participate in systems design within an established framework and provide directions to a team of staff and contractors.
• Provide business and solutions guidance to mentor team members in Risk functions.
• Elicit, document, and validate business requirements; produce user stories and acceptance criteria.
• Maintain backlog; prioritize Trading, Market Risk, Treasury, Finance, and Operations.
• Translate requirements into MX.3 configuration designs; author data and interface mappings.
• Define control and reconciliation processes; propose improvements and automation.
• Work with Murex SMEs, interface engineers, data engineers, QA testers, and production support.
• Orchestrate SIT/UAT and manage defects to resolution; prepare go live and hyper care.

Requirements

• Typically requires a master’s degree with 5 years of experience or a Bachelor’s Degree with a minimum of 7 years of relevant experience, or equivalent combination of education and experience.
• Working knowledge of financial instruments/counterparts in Murex, MLC.
• Strong understanding of Bonds, Money Market instruments, FX and Commodity forwards, Futures/Options, Repos/Reverse Repos and OTC Derivative trades (such as swaps, swaptions, etc.).
• Strong understanding of financial risk management (market and counterparty credit risk) fundamentals is desired.
• Experience in supporting implementation of integrated financial system applications – preparing specifications, performing design analysis and testing.
• Experience with cash management applications is mandatory.
• Strong Risk business domain expertise is a plus.
• Client Understanding and Advising - Looks at issues from the client’s perspective and advocates for clients within own area so others to focus on meeting client needs.
• Learning Orientation - Stays abreast of new trends in risk domain and developments in own specialty area, the broader industry, and experiments with new approaches or emerging technological solutions to current business needs.
• Broad Business Thinking - Maintains an in-depth understanding of the long-term implications of decisions both for related areas within the VPU and the client’s business.
• Business Function Knowledge - Proposes technical plans that are aligned with business objectives and technical requirements.
• Business Process Knowledge - Maps full business processes and designs operational process flow.
• Business Requirements Analysis - Reviews customer business requirements and determines where support is needed relative to existing technical systems design.
• Systems Thinking - Research the critical and underlying relationships between primary business, technology and systems platforms.
• Lead and Innovate - Develops innovative solutions.
• Deliver Results for Clients - Proactively addresses clients stated and unstated needs.
• Collaborate within Teams and Across Boundaries - Collaborates across boundaries, gives your own perspective and willingly receives diverse perspectives.
• Create, Apply and Share Knowledge - Applies knowledge across WBG to strengthen solutions for internal and/or external clients.
• Make Smart Decisions - Interprets a wide range of information and pushes to move forward.

Skills

• Murex
• MLC
• Financial Instruments
• Bonds
• Money Market Instruments
• FX Forwards
• Commodity Forwards
• Futures
• Options
• Repos
• Reverse Repos
• OTC Derivative Trades
• Swaps
• Swaptions
• Financial Risk Management
• Market Risk
• Counterparty Risk Management
• Integrated Financial Systems
• System Specifications
• Design Analysis
• Systems testing
• Cash Management Applications
• Risk Business Domain
• Client Advising
• Business Process Mapping
• Business Requirements Analysis
• Systems Thinking
• Innovative Solutions

Languages

English