Associate Portfolio Officer IFC vacancy in Washington, Apply by January 4
Join the International Finance Corporation and play a pivotal role in shaping global finances.
IFC is currently seeking an enthusiastic Associate Portfolio Officer to join its dynamic team in Washington, DC.
This is a unique opportunity to contribute to IFC’s mission by managing and optimizing investment portfolios.
If you have a passion for finance and a keen eye for portfolio management, seize this chance to make a lasting impact.
Associate Portfolio Officer IFC vacancy in Washington, Apply by January 4
The position offers a 3-year commitment, and the application deadline is January 4. Elevate your career with IFC and be a key player in global financial stewardship
Description
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets.
We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries.
In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises
Duties and Accountabilities
Responsibilities include, but are not limited to:
- Aiding with the surveillance of eligible investments’ executable market levels, credit and ESG characteristics including, interrail, bonds issued by sovereigns and their instrumentalities, private corporations.
- Obtaining best execution for the Corporation following the orders of portfolio managers and entering executed transactions into IFC systems/verifying success of straight-through processing
- Executing repurchase transactions for US Treasuries held in Net Worth Liquidity and transactions during London trading hours when needed. This position will require staff to come to the office very early, e.g., 4 a.m., periodically.
- Aiding with credit and market-risk assessment for new securities and their issuers.
- Aiding with the surveillance and analysis of the legal and political environments for eligible investments
- Develop and maintain financial models to monitor the creditworthiness of portfolio companies and prospective portfolio companies and/or tranches of securitizations.
Selection Criteria
- Graduate-level Degree in Finance or a quantitative field and a CFA
- 4 or more years of relevant experience or an equivalent combination of education and experience.
- Knowledge of the ways FX swaps and OTC derivatives (interest-rate and cross-currency basis swaps) are used for hedging fixed-income instruments.
- Completion of a commercial bank or IFC credit training course preferred.
- Ability to work under pressure.
- Understanding of macroeconomics.
- Strong quantitative skills.
- Open to initiatives and risks; comfortable operating in an open, team-based environment.
