E T Temporary

**E T Temporary**- **Job #**:

- req34756- **Organization**:

- World Bank- **Sector**:

- Treasury- **Grade**:

- ET4- **Term Duration**:

- 1 year 0 months- **Recruitment Type**:

- Local Recruitment- **Location**:

- Chennai,India- **Required Language(s)**:

- English- **Preferred Language(s)**:

- **Closing Date**:

- 11/14/2025 (MM/DD/YYYY) at 11:59pm UTC- **Description**Treasury is the Vice Presidency, reporting to the Managing Director and World Bank Group Chief Financial Officer, performing treasury functions for the IBRD and IDA and, to varying degrees, for other members of the World Bank Group and other public sector investors. Its activities are organized and grouped into the following departments: Capital Markets & Investment Management, Client Asset Management and Advisory, and Treasury Operations.-
- Treasury (TRE) has been a large and significant player in the international financial markets for over seventy years and has achieved a global reputation as a prudent and innovative borrower, investor and risk manager. Treasury is responsible for: (i) managing approximately $195 billion in assets for the World Bank and other official sector investors; (ii) leading IBRD’s and IDA’s triple-A rated financing programs in international and domestic bond and derivative markets; (iii) conducting asset and liability management for IBRD’s and IDA’s balance sheets; (iv) overseeing the development and outreach related to the financing and hedging products the Bank provides for its developing-country clients; and (v) collaborating with the World Bank member countries to help build their capacity. Staff in Treasury regularly interact and collaborate with other Departments across the Bank and Finance Partners’ teams.-
- The Treasury Operations Department (TREOP) provides a full range of operational support for the Treasury’s asset management, capital markets and banking businesses. The Department is presently organized into three operational units: Asset and Liability Operations (TREAL), Cash and Banking Operations (TREBK) and Quantitative Solutions and Analytics (TREQA), and a Financial Technology coordination unit (TREFT).-
- The Treasury Banking Operations (TREBK) team ensures all World Bank payments, receipts, and FX related to corporate cash activity are processed and performs key reconciliation controls and reporting over cash transactions and investment portfolios. The unit consists of four teams responsible for coordinating to execute the work program: (1) cash planning and ensuring all FX conversions are executed to meet the Bank’s liquidity needs and processing payments and receipts for proper accounting; (2) managing bank accounts and relationships with all corporate banking counterparts: (3) performing controls to ensure the completeness, accuracy and validity of all cash and security positions, investigating and resolving differences with external records, and financial reporting of cash balances and external client reporting of investment holdings; and (4) managing the WBG’s SWIFT infrastructure and maintaining SSIs and key static data related to payment and receipt processing.-
- **
Duties and Accountabilities**:

- The TRE Operations Chennai (TRECH) is an integral part of TRE and is responsible for a variety of duties providing vital support across its operational divisions. It works closely with the Headquarters in Washington D.C and another shared services center in Sofia, Bulgaria. Under the guidance and supervision of a Team Lead and/or Functional Lead, the incumbent will have responsibilities for specific individual tasks/projects as well as for working as an integral part of the team in executing the Treasury Operation’s work program, while maintaining close relationships with the other Treasury departments.-
- The role is in Cash Investigations, Reconciliation and Accounting team which is responsible for performing controls that include the reconciliation and bookkeeping of the majority of all WBG bank accounts. In performing these functions, the team works closely with internal partners and market counterparts as well as external service providers such as technology vendors, banks, and paying agents. As and when required, the team is also expected to facilitate the implementation of new products, markets, and business-related technology solutions. The incumbent will be expected to perform some combination of the following functions:- **
Client Reconciliation and Reporting**:Perform daily cash reconciliation for cash flows (in several currencies) related to the asset management business i.e., money market transactions, repos, foreign exchange, buys and sells of fixed income, government and bond transactions and asset/mortgage-backed securities.-
- Investigate reconciliation differences, performing analysis, posting necessary adjustments for resolution of any differences, preparing commentaries on results / findings, and recommending solutions in a proactive manner.-
- Assist in the timely