Portfolio Manager/FI Portfolio Management Job #: req33720 Organization: World Bank Sector: Treasury Grade: GF Term Duration:ย 3 years 0 months Recruitment Type: International Recruitment Location: Washington, DC,United States Required Language(s): Fluency in English required, proficiency in one of other 5 official languages of the UN is a plus Preferred Language(s): Closing Date: 7/30/2025 (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.ย For more information, visit www.worldbank.org.
The World Bank Treasury
Are you inspired by a global mission to end poverty? Do you want to build a career in finance with a global impact? 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 $200 billion in assets, and process over $7 trillion in transactions.
Departments & Teams
Treasury has three departments and a compliance and controls team. Learn more about our organization:ย 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, organization, people and careers at https://treasury.worldbank.org/careers.
Poverty has no borders, and neither does excellence.
With employees based in Washington, Paris, Singapore, Chennai, and Tokyo, 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.
Duties and Accountabilities:
The Portfolio Manager will be part of the Strategy and Sustainability team within the Asset Management unit. The role focuses on credit analysis, idea generation, and portfolio implementation for corporate bonds across the broader Sustainable Fixed Income Strategy for Trust Funds. The Portfolio Manager will apply bottom-up credit analysis, evaluate new investment opportunities, monitor existing holdings, and contribute to strategic investment decisions. Additionally, the Portfolio Manager will ideally support one or more other key responsibilities on the team. Other responsibilities often include programming and data analysis, database construction, task automation, asset allocation, sustainable investing, and impact reporting.
1. Conduct fundamental credit analysis of individual investment-grade corporate issuers across sectors and geographies.
2. Build and maintain financial statement models to track issuer performance, assess creditworthiness, and support valuation analysis.
3. Identify relative value opportunities across the fixed income universe and within the corporate bond market.
4. Monitor issuer newsflow in real time, assess credit implications, and communicate views promptly to the team.
5. Track earnings releases, participate in earnings calls, and translate management commentary into credit insights and portfolio actions.
6. Engage with rating agencies to understand rating drivers, clarify issuer developments, and benchmark internal views.
7. Liaise with dealer counterparties and sell-side research analysts to stay current on market developments and inform investment views.
8. Build and maintain relationships with issuers, including through investor calls and non-deal roadshows.
9. Support internal investment governance processes through written credit memos, issuer summaries, and portfolio reviews.
10. Contribute to tactical asset allocation efforts and thematic research across the Strategy and Sustainability team.
11. Identify and implement efficiencies in the team's daily work processes.
12. Ability to manage multiple complex tasks while delivering high-quality results.
Selection Criteria
1. Masters degree in Business, Finance, Economics, Mathematics, Statistics or a related field with minimum 5 years of relevant experience preferably in fixed income functions and/or asset management. A Bachelors degree, together with an additional level of direct relevant professional experience, will also be considered for selection. Internationally recognized professional qualification, such as a CFA, CAIA, FRM, or progress toward one, is a plus.
2. Credit Analysis Experience: Minimum 5 years of experience conducting in-depth, single-name fundamental credit analysis of corporate bonds, ideally investment grade, across sectors and geographies.
3. Financial Modeling and Analytical Skills: Strong proficiency in financial statement analysis and modeling; ability to assess creditworthiness and derive forward-looking credit views using both fundamental and market-based factors.
4. Investment Skills: Proven track record of identifying investment opportunities, assessing relative value, and applying sound investment judgment within a risk-managed framework.
5. Product Knowledge: Familiarity with a broad range of fixed-income instruments, including corporate bonds, government bonds, SSAs, covered bonds, and derivatives such as interest rate swaps, FX forwards, and futures. Experience in direct trading of these instruments is an advantage.
6. Stakeholder Engagement: Proven ability to liaise with external stakeholders such as rating agencies, sell-side analysts, dealer counterparties, and corporate issuers to inform investment views.
7. Communication Skills: Excellent written and verbal communication skills, with a demonstrated ability to produce high-quality analysis and effectively present investment views.
8. Technical Proficiency: Advanced proficiency in Excel and Bloomberg; working knowledge of Python or similar programming tools is a plus.
9. Strong interpersonal skills and ability to collaborate across global teams.
10. Proven capacity to manage multiple priorities, respond to market developments in real time, and maintain analytical rigor under pressure.
11. Strong interest in portfolio management, asset allocation, sustainable investing, and or impact reporting.ย
WBG Culture Attributes:
1. Sense of Urgency โ Anticipating and quickly reacting to the needs of internal and external stakeholders.
2. Thoughtful Risk Taking โ Taking informed and thoughtful risks and making courageous decisions to push boundaries for greater impact.
3. Empowerment and Accountability โ Engaging with others in an empowered and accountable manner for impactful results.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
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 theย World Bankย andย IFC, including our values and inspiring stories.