Investment Analyst

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.

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 and Investment Management, Client Asset Management and Advisory, Treasury Operations, and Pension and Endowments. The Treasury VPU also includes the Risk, Compliance, and Controls Unit.

The Pension and Endowments Department (PEN) is responsible for the financial management and administration of the World Bank Group's funded benefit plans, including the retirement scheme - the Staff Retirement Plan and Trust, the retiree medical and life insurance programs - the Retired Staff Benefits Plan and Trust, and other ancillary benefits (together referred to as “the Plans”). PEN's Pension Investments team (PENIN) is responsible for the financial management of the Plans, including investment strategy formulation and asset management responsibilities. PENIN manages about US$38 billion invested across various asset classes, including fixed income, listed equities, private equity, real assets, private credit, and absolute return strategies. PENIN identifies, selects, evaluates, and monitors investments globally, primarily through outside managers.

Investment Analysts in PEN are assigned to a particular team upon entry and may be reassigned to other investment teams at the discretion of the Manager of PENIN in response to business priorities. This position is intended at this stage for the Emerging Markets Equity and Fixed Income (EM-FI) team.

The Investment Analyst’s responsibilities, as a member of the EM-FI teams, will include, among others, portfolio construction, manager selection, and assessing tactical allocations within developing equity markets as well as monitoring the portfolio of existing managers. The roles and responsibilities are outlined below.

Roles & Responsibilities:

The Investment Analyst’s specific duties will be, but are not limited to, the following:

1. Review recent academic research on equity and fixed income investments;
2. Develop, enhance, and manage existing manager databases in the various spaces;
3. Assist and perform quantitative and qualitative analysis on manager in respective asset classess;
4. Assist in enhancing tools for the quantitative analysis of manager selection and manager monitoring, including risk management;
5. Assist in the development and testing of financial models (e.g., models for extreme scenarios and methods for hedging); and
6. Assist in projects as needed within PEN.

Selection Criteria

1. Advanced degree (Master’s degree preferred) preferably in finance, economics, business, mathematics or engineering and two years relevant work experience in finance and investments, focusing on analytical methods and quantitative analysis, or appropriate combination of education and relevant experience.
2. Solid econometric, statistical, and mathematical skills with a focus on finance or financial economics, and strong programming skills.
3. Proven quantitative and qualitative analytical and problem-solving skills.
4. Proficiency in Excel and Excel macros, Word and PowerPoint required. Familiarity with other quantitative analytical packages is desirable.
5. Creative thinker, and quick learner, with initiative, drive, and attention to details.
6. Proven capacity to multi-task, deliver results and respond quickly and effectively to requests. Ability to work under pressure.
7. Excellent communication - both verbal and written skill are required. Experience giving presentations and trainings is desirable.
8. Good team player with strong interpersonal skills, and commitment to work in a team-oriented, multi-cultural environment.
9. Highest ethical standards.

Competencies:

Lead and Innovate
Applies critical thinking to current approaches, identifies areas for improvement, and tries new solutions that drive results. Considers own behavior in context of WBG's values and mission and recognizes impact one has on others. Operates in ambiguity and changing needs and supports others to do the same.

Deliver Results for Clients
Sets challenging goals that align with the WBG mission and is always looking to improve. Understands clients' most pressing challenges and contributes to solutions. Takes personal responsibility for producing high quality work, identifying and informing of risks, and delivering results for clients.

Collaborate Within Teams and Across Boundaries
Keeps others fully informed to ensure integration and work consistency and displays a sense of mutuality and respect. Approaches conflicts as common problems to be solved. Seeks and listens to input from others to inform own decision making and openly shares information. Frames thinking/actions with a WBG corporate perspective in mind.

Create, Apply and Share Knowledge
Contributes to the department's and WBG's body of knowledge by applying lessons learned and expertise. Actively invests in own knowledge and seeks feedback. Builds personal and professional networks within
and beyond the work group.

Make Smart Decisions
Seeks and analyzes facts, data and lessons of past experience to support sound, logical decisions regarding own and others' work. Applies cost/benefit analysis to meet work program objectives. Contributes to decision making by providing relevant risk-analysis. Shows initiative when necessary, and makes decisions in a timely manner within own area of responsibility.

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 the World Bank and IFC, including our values and inspiring stories.