E T Consultant - Treasury Client Solutions, Asia (Structured Finance & Derivatives)

E T Consultant - Treasury Client Solutions, Asia (Structured Finance & Derivatives)

E T Consultant - Treasury Client Solutions, Asia (Structured Finance & Derivatives)
Job #: req30352
Organization: IFC
Sector: Treasury
Grade: EC2
Term Duration: 1 year 0 months
Recruitment Type: Local Recruitment
Location: Singapore, Singapore
Required Language(s): English
Preferred Language(s):
Closing Date: 11/26/2024 (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 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 (TCS) department is responsible for structuring and executing transactions that provide IFC's clients with innovative treasury solutions, including local currency financing, derivative and risk mitigation products, debt capital markets, and structured finance solutions. The Treasury Client Solutions department takes pride in contributing to innovative transactions across emerging markets by providing solutions to IFC's clients.

TCS is looking for a dynamic and highly motivated finance professional with a focus on structured finance products (securitizations, guarantees, covered bonds, risk sharing facilities, etc.). The candidate will have experience with financial models and analyzing data for the purpose of structuring transactions with clients. Knowledge and experience with derivatives (swaps and FX) and asset-liability management will be greatly valued. This is an exciting opportunity to work in a truly multicultural environment and contribute to an area of strategic priority for IFC, applying a wide range of treasury instruments to provide local currency, funding, and risk management solutions for IFC's clients, and join in IFC's mission to create opportunity and improve people's lives.

The position will cover the Asia Pacific region and is based in Singapore.

Duties and Accountabilities:

1. Contribute to day-to-day business delivery across TCS products, programs, and markets by developing, structuring, and facilitating the execution of local currency, funding, and risk management transactions for IFC's clients;
2. Perform historical performance analysis on credit portfolios (e.g., vintage analysis, assess marginal and cumulative default rates over time);
3. Assist in the structuring of local currency and funding solutions for clients through derivative and other treasury instruments;
4. Prepare documents for business development and investment decision committees;
5. Contribute to business development and explain treasury products to clients, regulators, and banks;
6. Contribute to the team's strong relationships with key stakeholders, including investment banks, local banks, capital markets firms, development finance institutions, and regulators;
7. Apply financial models to structure, evaluate, and price transactions;
8. Provide training and knowledge management services to colleagues and external clients.

Selection Criteria

1. MBA/Masters (or equivalent) in Finance, Economics, Business, Engineering, Mathematics, Law, or related area;
2. 5-10 years of relevant experience in finance, with a focus on structured finance and/or derivatives;
3. Sound understanding of fixed income instruments combined with strong analytical skills, problem-solving capability, and financial modeling skills;
4. Demonstrated ability to structure and analyze various fixed income instruments for corporate clients (including local currency loans, derivatives, bonds, and/or structured finance). Solid understanding of asset-and-liability management is a plus;
5. Strong interpersonal skills, ability to work in teams, attention to detail, and resourcefulness;
6. Excellent verbal and written communication skills in English. Fluency in another language is a plus;
7. Unequivocal commitment to diversity and inclusion. We will not tolerate racism, sexism, discrimination, or prejudice of any kind or at any time.

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.

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.