Duties and Accountabilities:
The chosen candidate will have responsibilities for specific individual tasks and for working as an integral part of the team in executing TREQA’s work program. The primary responsibilities will focus in the areas of portfolio analytics, investment performance measurement and attribution, client reporting and guideline monitoring, which will include, but not be limited to:
• Being responsible for the production and distribution of investment reports and communicate directly with clients as needed; being able to quickly identify and effectively resolve issues relating to performance measurement, attribution and client reporting;
• Developing analytical tools and providing support to portfolio managers and management in the areas of market risk, credit risk, performance, reporting, portfolio rebalancing, as well as developing and maintaining the workflow documentation, noting changes in processes as they change;
• Providing analytical support to the team in the areas of investment guideline monitoring, and quickly identify and resolve issues relating to such; developing, implementing and reviewing complex logic-based rules/formulas for specific criteria or restrictions; reviewing and ensuring that the daily, weekly and monthly deliverables of the team are completed correctly;
• Contributing to key projects such as implementing systems or tools on market risk, credit and counterparty risk, investment performance, attribution and reporting;
• Mentoring/guiding/coaching junior team members.
All TREQA staff will also have the following responsibilities to some degree:
• Keep abreast of the industry’s best practice and technology improvements pertaining to the team’s functions;
• Maintaining close contacts and liaising with internal and external counterparts including Treasury colleagues in the investment, pension and funding departments; commercial and investment banks, asset managers and central banks;
• Prepare materials for professional collaborations, advisory engagements and workshops with central banks and other official sector institutions;
• Communicate any regulatory requirements and industry best practice changes to the Department; and
• Assist in additional projects as needed within TREQA.
Selection Criteria
1. Master’s degree (or equivalent work experience) in finance, engineering, data science, mathematics or related discipline and 5 years relevant work experience in finance and investments (with focus on portfolio management, market and credit risk, or investment performance)
2. Strong knowledge of financial instruments, financial derivatives, valuation, risk management and investment accounting.
3. Proven quantitative and qualitative analytical skills. Programming experience in Python and/or VBA. Familiarity with Bloomberg, data visualization tools such as Tableau and/or Power BI, AI modeling or other major trading and portfolio analytic system.
4. Demonstrated professional leadership and ability to lead, coach, and mentor junior staff, excellent team player with strong interpersonal skills and the highest ethical standards is a required.
5. Excellent communication skills — both verbal and written are required. Experience giving presentations/trainings and communicating/interacting with a broad range of audiences is desirable.
6. Professional certification in CFA, CPA, FRM, PRM is a plus.
Competencies:
• Deliver Results for Clients – Proactively addresses clients’ stated and unstated needs. Adds value by constantly looking for a better way to get more impactful results; sets challenging stretch goals for oneself. Immerses oneself in client experiences and perspective by asking probing questions to understand unmet needs. Demonstrates accountability for achieving results that have a development impact and financial, environmental and social sustainability. Identifies and proposes solutions to mitigate and manage risks.
• Collaborate within Teams and Across Boundaries – Collaborates across boundaries, gives own perspective and willingly receives diverse perspectives. Appropriately involves others in decision making and communicates with key stakeholders. Approaches conflicts as common problems to be solved. Actively seeks and considers diverse ideas and approaches. Integrates WBG perspective into work.
• Lead and Innovate – Develops innovative solutions. Contributes new insights to understand situations and develops solutions to resolve complex problems. Adapts as circumstances require and manages impact of own behavior on others in context of WBG’s values and mission. Identifies and pursues innovative approaches to resolve issues.
• Effective WBG staff rapidly and readily share their expertise – Client solutions, Leverages department’s expertise and body of knowledge across WBG to strengthen internal and/or external client solutions. Seeks to learn from more experienced staff to deepen or strengthen their professional knowledge and helps others to learn. Builds personal and professional networks inside and outside the department unit.
• Make Smart Decisions – Interprets a wide range of information and pushes to move forward. Seeks diversity of information and inputs, researches possible solutions, and generates recommended options. Identifies and understands risks and proposes recommendations. Based on risk analysis makes decisions in a timely manner within own area of responsibility, considering the interests and concerns of stakeholders.
• Client Understanding and Advising – Looks at issues from the client’s perspective and advocates for clients within own area as well as urges others to focus on meeting client needs. Works with others across the VPU to define client needs and develop the best approach to meet client needs (e.g., finds appropriate solutions and negotiates internally for needed resources and support.
• 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. Involves the key players in identifying operating needs, issues and immediate solutions. Ensures that decisions are supported by relevant stakeholders and creates the business case for investment in process and enhancements. Sets clear explanations for the integration and alignment of services/solutions with business functions, focusing on the strategic value provided for area of responsibility within the client’s business.
• Analytical Thinking – Coordinates the information gathering and reporting process. Reviews trends and compares to expectations. Conducts research to define problems and prepares responses to anticipated questions. Prioritizes multiple issues and opportunities. Identifies relationships and linkages within several information sources. Anticipates issues that are not readily apparent on the surface. Identifies root causes and effects. Defines priorities within performance objectives. Reports and identifies areas that need guidance to resolve complex issues. Anticipates the possible outcome of potential solutions.
• Policies and Procedures – Demonstrate thorough knowledge of policies and procedures in related fields. Provide training and guidance to junior staff in enhancing their understanding of relevant policies and procedures. Lead by example and serve as the best practice champion in applying pertinent policies and procedures.
• Risk and Controls – Lead by example and serve as best practice champions in completing internal control procedures, including understanding impact beyond own immediate functional areas. Provide constructive inputs to the design, implementation and improvement of risk and internal control procedures for stand-alone end-to-end processes based on understanding of the business. Assess impact of potential control risks and propose mitigating control procedures as appropriate, with balanced efficiency and effectiveness results within any given processes.
• Information Technology and Systems – Leverage information technology systems and applications to improve productivity and efficiency. Provide inputs to IT system enhancement efforts based on day to day working experience and knowledge of the systems.
• Communication – Adapt the communication style appropriate for the intended audience. Adopt an inclusive approach to communication as is appropriate to the situation, to ensure adequate stakeholder participation. Present information effectively and encourage feedback.
Deadline : 5/30/2023 (MM/DD/YYYY) at 11:59pm UTC