ET Consultant (Financial Analyst – Swift, Statis Data and Project Management (SSPM))

ET Consultant (Financial Analyst – Swift, Statis Data and Project Management (SSPM)) Job #: req32952 Organization: World Bank Sector: Treasury Grade: EC1 Term Duration: 1 year 0 months Recruitment Type: Local Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Closing Date: 5/8/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

Do you want to build a career that is truly worthwhile? The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty and promoting shared prosperity. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.  For more information, visit www.worldbank.org.

The World Bank Treasury is one of the few places where you can be on the leading edge of finance as it sits at the only nexus of finance, innovation, and international development. We manage the institution's finances to enable all World Bank operations and lending. Each year, we issue over $50 billion in bonds, prudently manage over $180 billion in assets, and process over $7 trillion in transactions. Treasury has three departments and a compliance and controls team. Learn more about our organization: https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do.

With us, you won't just work in financial markets: you'll help create new ones. 

The World Bank Treasury launched a global recruitment campaign to attract the best and brightest talent in the world. We encourage you to learn more about Treasury, its organization, people, and careers at treasury.worldbank.org/careers.

With employees based in Washington, Chennai, Paris, Tokyo, Singapore, and Sofia, the World Bank Treasury represents over 50 nationalities, and our leadership team hails from all regions of the world. We are proud to be an equal opportunity and inclusive employer. We have a dedicated and committed workforce and do not discriminate based on gender, race, ethnicity, religion, disability, sexual orientation, or gender identity. Learn more about Treasury's greatest strength: its diverse and dedicated staff.

Background and general description:

Treasury Banking Operations

Treasury Banking Operations (TREBK) is the unit providing banking and payments services for World Bank Group (WBG) entities, as well as IBRD-Trust Funds.  The unit is divided into four teams: Banking Relations (BKR), Cash Management, Swift, Static Data and Project Management (SSPM), and Investigation, Accounting and Reconciliation (IRA).  The unit manages the relationships with about 400 correspondent banks and performs account maintenance functions (opening/closing accounts, responding to KYC and other ad hoc requests, bank monitoring activities and periodic service reviews).  The cash management function is performed for accounts in around 150 currencies around the world, ensuring the optimal currency balances to meet payment obligations.  The team is the business owner for the Swift connection to the external financial system and the institution’s central cash management system (Quantum), including their integration with sub-systems used by various WBG units for sending payment requests or receiving cash inflows.  TREBK also manages and reconciles the majority of all WBG bank accounts. TREBK staff are based in WBG’s Washington DC headquarters, its shared services center in Chennai, India, and in Sofia, Bulgaria. In performing these cash and account management 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. In addition to its day-to-day responsibilities, the team supports business units across the WBG in any project or effort involving the flow of cash. As and when required, the team is also expected to facilitate the implementation of new products, markets, and business-related technology solutions. The team also participates in capacity building for clients in its related areas of expertise. 

Roles and Responsibilities:

Under the guidance and supervision of a Team Lead, the selected candidate will have responsibilities for specific individual tasks/projects within TREBK’s Swift, Static Data and Project Management (SSPM) team in executing TREBK’s work program, while maintaining close relationships with the other Treasury departments.  Candidates with strong data management and analytics skills, are welcome to apply, as long as they demonstrate the ability to quickly learn and adapt to new challenges.

The SSPM team is responsible for core data set up and maintenance across the key treasury systems (Quantum, Murex, Summit and Swift Alliance) and is the business owner of the World Bank Group Swift infrastructure.  It involves working closely with asset management and capital markets settlement teams to support the Static data (SSI, Counterparty, Calendars, System rules etc.) set-up to ensure correct settlement and accounting of transactions.  The team is also the anchor for all system projects that cut across more than one TREBK team, leading and coordinating efforts with the other TREBK teams and IT colleagues.  His/her primary responsibilities will include, but are not limited to, some combination of the following activities:

• Providing static data maintenance support for the WBG, process standard requests from internal business units, address and provide solutions to non-standard queries and issues, and perform static data updates within WBG and TRE systems, such as counterparty Standard Settlement Instructions (SSIs), currency holidays and currency code updates, and Swift BIC and domestic payments clearing codes mapping to internal systems.

• Supporting and maintaining Straight-Through Processing (STP) and business processing rules in the WBG’s treasury management and cash transaction processing system. Apply expertise in maintaining these rules to enable WBG business units to support new types of transactions, new clients, and/or new counterparties.

• Effectively managing the process for securely maintaining and sharing WBG’s banking information and Standard Settlement Instructions (SSIs) to internal colleagues and external counterparts. Ensure that: (1) WBG banking information is accurately updated in a timely manner whenever there is a change in WBG’s banking correspondents, (2) relevant currency-specific payment information is maintained and shared, and (3) non-standard requests and issues are addressed and resolved.

• Contributing to the team’s role as the business application owners for the WBG’s Swift infrastructure, including: (1) researching and understanding upcoming Swift standards changes and its impact to WBG business processes, (2) performing User Acceptance Testing (UAT) for any Swift application system changes and upgrades, (3) maintaining and updating Swift Relationship Management Application (RMA) with the WBG’s counterparties, and (4) assisting in the periodic Swift users certification review process.

• Developing scripts and models to handle large datasets, reduce manual intervention, and improve overall productivity.  Specific examples include:

1. Maintaining and enhancing the TREBK team’s database systems and dashboard solutions, ensuring high levels of performance and accuracy. This includes regular updates and optimizations to support evolving Treasury Banking needs. Leveraging advanced data analytics to interpret complex datasets, identify trends, and provide actionable insights that support strategic decision-making.

2. Actively contributing ideas and lead the implementation of process improvements to increase the efficiency, improve the accuracy and enhance the controls over how WBG static data, Swift messaging infrastructure, and authorized officers’ lists are maintained including through the use of Python programming and AI tools to automate repetitive tasks, streamline workflows, and enhance data processing efficiency.

• Supporting and maintaining effective controls over bank account access through the monitoring and administration of online banking portal access and privileges, and the periodic review and management of the list of WBG staff that have these access.

• Supporting and maintaining effective controls over the list of authorized officers, their authorities, and delegations across various functions of the WBG’s finance complex, bank accounts, and transactions processing.

• Assisting in the TREBK team’s role as the Secretariat for a WBG-wide cross-departmental working group focused on financial transaction processing and infrastructure, which includes (1) organizing the agenda, attendance and participation, and presentation materials of the working group’s quarterly meetings, (2) maintaining the working group’s intranet webpage, and (3) publishing a quarterly newsletter.

• Preparing and reviewing management reports, including bank briefings, Key Performance Indicators (KPI) reports and other ad-hoc requests for static data related information.
 
• Performing other ad-hoc functions and/or acting as the back-up for other team members and assisting with other team deliverables.

Selection Criteria

1. Fluent in the English language, with strong verbal and written communication skills.

2. Master’s degree in finance, Accounting, or related field (Computer Science / Information Systems, Finance, Mathematics) and at least 3 years of relevant experience in the financial services industry, preferably with back-office operations; or bachelor’s degree in Finance, Accounting, or related field and at least 5 years of directly related business experience or Degree in Computer Science, Data Science, Engineering or a related field and 2 years of relevant professional experience.

3. Business-related certifications are a strong plus (CFA, CPA, CA, CTP or equivalent).

4. Knowledge of and familiarity with treasury business lines and back office operational functions, including banking, payment operations, securities and swaps settlements, and cash management.

5. Familiarity with treasury systems (e.g., Murex, Quantum, Summit) and with the Swift messaging system and standards is highly desirable.

6. Familiarity with the role of static and reference data in Straight-Through Processing (STP), and the risk and controls around automated transaction and payments processing.

7. Strong proficiency in Excel, Word, PowerPoint, Microsoft Power Platform tools (Power BI, Power Automate, and Power Query), Python programming and other AI tools. 

8. Strong database management and analytical skills, with a proven track record of effectively manipulating, analyzing, and interpreting large datasets. Experience with data visualization tools and techniques is highly desirable (Dremio, SQL).

9. Demonstrated ability to manage simultaneous competing demands to deliver on time.

10. Demonstrated analytical and critical-thinking abilities.

11. Demonstrated ability to learn quickly and develop innovative solutions to address new challenges or improve existing processes.

12. Detail-oriented and strong organization skills.

13. Demonstrate a high degree of self-motivation, initiative, and accountability.

14. Reliable team player, a positive attitude, open and collegial work style with strong interpersonal skills and the ability to collaborate in a team-
based, multi-cultural work environment.

15. Strong client focuses and services skills, including the ability to listen, assess and respond to client needs.

16. Complies with highest ethical standards.

World Bank Group Core 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.

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.

Learn more about working at the World Bank and IFC, including our values and inspiring stories. 

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.