E T Temporary

**E T Temporary - Financial Assistant**

**Job #**:

- req33846

**Organization**:

- World Bank

**Sector**:

- Treasury

**Grade**:

- ET3

**Term Duration**:

- 1 year 0 months

**Recruitment Type**:

- Local Recruitment

**Location**:

- Chennai,India

**Required Language(s)**:

- English

**Preferred Language(s)**:
**Closing Date**:

- 7/28/2025 (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).

Treasury Asset and Liability Operations (TREAL) is the unit responsible for delivering on a range of operations functions supporting the funding, investment, and asset and liability management portfolios for internal World Bank Group (IBRD, IDA, MIGA, and Trust Funds) entities. In addition, the team supports the investment portfolios for a growing roster of more than 60 client entities in domestic and international markets. The team provides integrated and end-to-end support for all trade execution and portfolio servicing activities including trade review, settlement and documentation, options monitoring, debt service and cash and collateral management across the full range of products including bonds, swaps, repos, deposits, and exchange-traded derivatives.

In performing these functions, the team works closely with internal partners and market counterparts as well as external service providers such as technology vendors, custodians, and paying agents. In addition to managing the day-to-day operations, TREAL staff lead the research, coordination, and implementation of new products and markets across Treasury. The team has a heavy focus on, and takes a leadership role in, evaluating and deploying the latest products and technologies (core trading platforms and new initiatives and technologies like CBDC, blockchain, AI, robotics, etc.) to create efficiencies, reduce risk, and advance thought leadership amongst WB’s peers and clients. TREAL staff participate in capacity building programs for clients in these areas of expertise. TREAL staff recently co-led projects where the World Bank issued innovative digital bonds using blockchain technology and CBDC. In recognition of their efforts to advance capital markets and asset management, the TREAL team received several industry awards including for “Innovation in Reserves Management” (2021) and “Asset Servicing Initiative of the year” (2023). The team has twice been shortlisted for “Operations Team of the Year” award (2023 and 2024).

The TRE Operations Chennai (TRECH) is an integral part of TREOP 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

**Duties and Accountabilities**:

- The incumbent’s primary responsibilities will include, but are not limited to, some combination of the following activities:

- Work closely with the team to understand various facets of post-execution activities for fixed income, derivatives, and cash products to identify, analyze and prioritize process reengineering, automation and streamlining opportunities focusing on enhancing efficiency and accuracy.
- Support data collection, analysis, visualization, and report writing, including by