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 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org
IFC Treasury and Syndications VPU is the Vice Presidency that performs treasury functions for IFC. It serves two key roles for the Corporation. It oversees the financial health of the organization while seeking ways to stimulate growth in emerging markets. It also offers products and services to IFC's client companies and institutions, working in close collaboration with IFC's investment departments.
IFC Treasury has been a large and significant player in the international financial markets for almost 30 years and has achieved a global reputation as a prudent and innovative borrower, investor and risk manager.
IFC Treasury and Syndications is a large and significant player in the international financial markets, it operates globally to deliver on IFC’s strategy to create markets and mobilize private capital for development. The Vice Presidency manages over $100 billion in liquid assets, global market borrowings, and derivatives transactions. It is responsible for strengthening local-currency financing by arranging and executing local-currency and risk-management transactions for clients and raising third-party capital through innovative syndication and mobilization platforms such as the Managed Co-Lending Portfolio Program (MCPP).
The Treasury Valuation and Analytics (Middle Office) Unit:
The TVA is a newly created unit to be housed in Treasury. The TVA will work with Treasury & Syndications, Treasury Risk, and IFC Controller’s to perform its functions. Notwithstanding its placement in Treasury, it will be structured and will function independently of the Treasury Market Operations (CTM), Quantitative Analysis (CTQ), Treasury Clients Solutions (CTC), Syndications Department (CSL), and the Coordination Unit (CU). The Treasury Middle Office will initially be composed of a team of 8 staff, conducting valuation, performance, data management and control functions for all IFC Treasury & Syndications activities.
IFC Treasury Valuation and Analytics is seeking a dynamic and motivated associate officer to provide Treasury and Syndications’ Middle Office support. The candidate will provide daily valuation and pricing calculation, bond price verification, and quarterly valuation for the Treasury Market Operations (CTM) Treasury Risk (CRMTR), and IFC’s Controllers Department (CNT). In addition, the associate officer will oversee and participate in managing selected data in relevant Treasury systems while coordinating with CTM, CTQ, CRMTR, and CNT. The associate officer is also expected to provide support to the performance functions of the unit. The Associate Officer will support work in the valuation function of the unit and will support the fair valuation responsibility for structured finance transactions that requires and benefit from Treasury client solutions (CTC) structuring expertise.
Duties and Responsibilities:
The Associate Financial Officer’s primary responsibilities will include, but not be limited to the following duties and responsibilities:
• Run valuation models, and check/monitor Summit and model valuation output;
• Validate, troubleshoot and resolve issues;
• Run daily market data downloads, perform validation, troubleshoot errors, maintain manual curves;
• Monitor and address valuation breaks from CP MTM reconciliation;
• Perform levelling activities for the Front office (for both Funding and Liquid Asset Management Units);
• Address inquiries and challenges from Front Office, Treasury Risk, and the Controllers’ departments;
• Provide quarter end valuation support to IFC Controller;
• Support the fair valuation for the Structured Finance transactions;
• Be an escalation point for colleague performing market data functions;
• Prepare and maintain documentation of individual and group work;
• Implement productivity enhancing utilities and applications;
• Provide ad-hoc analysis and reporting to clients;
• Keep abreast of the industry’s best practices and technologies used;
• Assist in additional projects as needed within TVA.