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 in developing countries. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
The Treasury Client Solutions Department provides IFC’s clients with innovative forms of local currency financing with a focus on the development of domestic debt markets to help increase the capacity for long-term local currency investment. The group has global responsibility for derivative transactions (cross currency swaps, interest rate swaps, currency forwards, and Eurodollar futures), structured products (securitizations, asset-backed lending, covered bonds, credit guarantees, risk participations, structured debt funds and similar structures), and debt capital markets, including IFC’s own local currency bond issuances.
IFC is conducting a search for an Associate Financial Officer/Financial Officer to join the Treasury Client Solutions Department based in Singapore.
Duties and Accountabilities:
His/her primary responsibilities may include, but are not limited to, the following:
• Develop, structure, and execute transactions to provide local currency financing solutions to IFC’s clients through debt capital markets, structured products and local currency derivatives;
• Build and maintain relationships with key stakeholders, including international investment banks, local banks, capital market firms, investors, and regulators, at a senior level;
• Market treasury products to clients, regulatory agencies, and banks;
• Conduct market intelligence of local and international debt capital markets;
• Contribute to IFC’s efforts to develop, expand or deploy structured finance products and/or capital market solutions for clients in the region;
• Contribute to business development and market treasury products to internal and external clients;
• Manage the preparation and execution of IFC’s local currency bond issuances and associated approval process;
• Design, maintain and improve financial models to structure, evaluate and price innovative fixed income transactions including securitizations, asset-backed lending, and guarantee structures;
• Provide training and knowledge management services to internal and external clients.
• Recent regional market experience in Structured finance or debt capital markets preferred.
Selection Criteria
• Master’s degree in Finance or Financial Engineering, Economics, Financial Mathematics, Statistics or an equivalent combination of education and experience;
• At least 5 years finance experience, preferably in fixed income and structured finance within an investment bank, rating agency, or other capital-markets related entity;
• Prior knowledge (as evidenced by concrete transaction examples) of structured finance and/or debt capital markets, and enthusiasm for the development of domestic capital markets;
• Sound business judgment and strong negotiation skills, and good track record in transaction execution in an investment environment;
• Knowledge and experience working in fixed income markets (including bonds, interest rate/FX derivatives and structured products)
• Experience in emerging markets and/or familiarity with IFC’s investment process would be a plus;
• Strong analytical and problem solving capability;
• Experience with analyzing financial data and familiarity with financial data platforms such as Bloomberg or Reuters;
• Good data analysis and financial modeling skills, and advanced knowledge of Excel and other statistical software packages is desirable;
• Proven ability to multi-task and work towards tight deadlines;
• Ability to travel frequently;
• Attention to detail, resourcefulness, and strong oral and written communication skills;
• Good business judgment and good track record in transaction execution in an investment environment;
• Highly motivated, results-oriented self-starter with proven capacity for teamwork;
• Fluency in English is a must. Additional language skills would be a plus.
IFC offers rewarding careers in a challenging environment that allows for professional and personal growth with:
• An exciting opportunity to work in key areas of strategic priority within IFC;
• Exposure to a wide variety of transaction structures, asset classes, sectors and markets;
• Client focus with potential to participate in due diligence missions and negotiations;
• Work in a truly multicultural environment within IFC;
• Join in IFC’s mission to promote sustainable private sector investment in developing countries, creating opportunity and improve people’s lives;
• Exposure to cross-currency derivatives markets, local currency bond issuances, as well as structured finance transactions covering various asset classes and geographic markets;
• Facilitate first-time and innovative transactions in emerging markets.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
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.
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