Deadline: 20 January 2016
The World Bank Group (WBG) is currently seeking applications from the eligible applicants for the post of Financial Officer in Chennai, India.
WBG has set two ambitious goals to push extreme poverty to no more 3 percent by 2030, and to promote shared prosperity and greater equity in the developing world.
Key Jobs Responsibilities
The Financial Officer will perform the following functions-
- Evaluate new counterparty credit risk through fundamental credit analysis and product analysis, including the assessment of complex derivative transactions.
- Document credit assessments by preparing and delivering credit presentations on specific trade counterparties. Propose internal credit ratings and trade risk tolerance in the form of exposure and limit recommendations.
- Work with the Bank’s legal team to negotiate credit and collateral terms for ISDA CSAs.
- Surveillance of counterparty default risk through ongoing monitoring and assessment of the financial strength of the Bank’s counterparties.
- Assist with the development and setting of guidelines/limits, internal policies and procedures to execute the Bank’s overall credit strategy.
- Ongoing production and delivery of reports to management on the Bank’s overall commercial credit risk positions. This includes the preparation of daily, monthly and quarterly risk reports.
- Assist Operations with counterparty collateral queries and trade exceptions.
- Working closely with all members of the CROMC team including other credit analysts, market risk analysts and quantitative specialists. A team mindset is especially important for successful performance in this position.
- Lead and assist with group-wide projects in the areas of credit analysis, systems development and reporting.
- Prepare research papers on industry-wide trends and developments.
Eligibility Criteria
Applicants must have-
- MBA or other Master’s Degree and/or CFA are a plus.
- 5+ years relevant work experience. Formal credit training, rating agency analyst experience or similar experience as a credit analyst at a major financial institution.
- Experience with counterparty fundamental credit analysis, financial statement analysis and cash flow projections.
- An understanding of the credit, market and reputational risks associated with commonly traded financial products, including derivatives.
- Fully conversant with global capital markets, how major institutions manage and control financial risk.
- An understanding of evolving trends in regulation/oversight, global capital markets and how they may impact relevant issuers.
- Proven teamwork and strong interpersonal skills.
- Excellent oral and written communication skills.
- Proficiency in English is essential.
How to Apply
Applicants must submit their applications through online process.
For more information please visit WBG.
