Financial Officer

The Financial Officer will be a member of the Quantitative Modeling and Market Data Research team within the Treasury Operations Department, focusing on quantitative modeling to support funding activities, structured products, blended finance, and market data research and configuration for new markets. The role involves designing and implementing financial valuation models, collaborating with internal teams for model validation, and providing analytical support for capital markets transactions.

Responsibilities

• Contribute to the design and implementation of quantitative financial valuation models and tools to facilitate execution of new capital markets transactions for the Bank portfolios and other business units, including bonds and derivatives with embedded options in interest, FX, and/or equity index.
• Work with relevant teams in the World Bank’s Finance & Accounting department for pre-trade model validation and post-trade verification of new models developed internally or externally in support of funding transactions and other business areas.
• Engage and collaborate with various internal units (Model validation, Risk and Operations) to secure new transaction approval, and address any issues with respect to valuation, collateral, and risk.
• Perform and deliver timely monthly valuations for complex financial contracts, and work with model validators to resolve any valuation issues related to financial reporting.
• Participate in discussion with internal and external auditors and act as subject matter expert with respect to valuation models.
• Contribute to the Treasury Systems design and development of business requirements, testing of deliverables, and production implementation for all IT system enhancements to support existing and new funding and other business areas transactions.
• Contribute to the market data research, follow up, and configuration for new markets including system readiness and sourcing market data, propose and review curves construction, validate valuation results.
• Keep abreast of market development in quantitative models and market data and contribute to enhancement of the Bank’s valuation and risk analytics platform when necessary.
• Provide analytical support to other units of the Treasury for the design of the Bank’s financial solutions and financial services for clients.
• Provide quantitative and analytical support to respond to client enquiries related to Capital Markets, and risk management products.
• Provide training and guidance for Junior staff.
• Any other duties as assigned.

Requirements

• Master’s degree or above with 5 years of experience in a quantitative discipline such as finance, mathematics, physics or engineering, or an equivalent combination of education and experience.
• 5+ years relevant work experience in valuation models, interest rate derivatives including exotics and/or financial platform implementation with focus on valuation, risk management and financial modeling.
• Experience managing financial IT implementations and/or deployments is highly preferred.
• Strong theoretical and practical experience with derivative instruments.
• Experience with capital markets, market conventions, and market data.
• Proven quantitative and qualitative analytical skills in valuing/pricing complex structures; including knowledge of econometric and financial modeling techniques, multi-factor Monte Carlo simulation techniques and option pricing methodologies.
• Great teamwork and communication skills.
• Professional Certification in CFA, FRM, or PRM is strongly preferred.
• Working experience with one or more of the following languages: Python, VBA, Matlab, R, etc.
• Original thinking and quick learning abilities with strong initiative and drive.
• Highest ethical standards

Skills

• Financial Valuation Models
• Interest Rate Derivatives
• Financial Platform Implementation
• Risk Management
• Financial Modeling
• Derivative Instruments
• Capital Markets
• Market Data
• Econometric Modelling
• Multi-factor Monte Carlo Simulation
• Option Pricing Methodologies
• Financial IT Implementations
• Quantitative Analysis
• Qualitative Analysis
• Python Programming
• VBA Programming
• Matlab Programming
• R Programming
• CFA Certification
• FRM Certification
• PRM Certification

Languages

English