Information and Technology Solutions (ITS) enables the WBG to achieve its mission of ending extreme poverty by 2030 and boosting shared prosperity in a sustainable manner by delivering transformative information and technologies to its staff working in over 130 client countries. ITS services range from: establishing the infrastructure to reach and connect staff and development stakeholders; providing the devices and agile technology and information applications to facilitate the science of delivery through decentralized services; creating and maintaining tools to integrate information across the World Bank Group, the clients we serve and the countries where we operate; and delivering the computing power staff need to analyze development challenges and identify solutions. The ITS business model combines dedicated business solutions centers that provide services tailored to specific World Bank Group business needs and shared services that provide infrastructure, applications and platforms for the entire Group. ITS is one of three VPUs that have been brought together as the World Bank Group Integrated Services (WBGIS), to provide enhanced corporate core services and enable the institution to operate as one strategic and coordinated entity.
As a unit within the Finance ITS, ITSTR provides state-of-art information and technology applications to support the operations of the World Bank Group Treasury. Functions provided ensure that the systems meet the business needs of users and external clients to manage business processes for the World Bank group.
This position is to support IT services for the IBRD Treasury’s Reserves Advisory Management Program (RAMP). RAMP is responsible for leading multi-year capacity building engagements with over fifty central banks, sovereign wealth funds, public pension funds and other official sector institutions. RAMP is one of the Banks’ most successful and largest self-funding capacity building programs. Reflecting the needs of member countries, it is expanding rapidly.
This position reports to the Manager, ITSTR.
Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 2 year term appointment.
The Business Analyst will assist and support the RAMP team in executing the Team’s work program. The primary responsibilities will include a combination of, but not limited to, the following:
Independent contributor IT professional, with expertise in a variety of tools, providing value to the business through effective process analysis and requirements development and documentation.
Leads analysis and assessment of business operations and processes to understand strengths and weaknesses, and supports the identification of opportunities for automation and/or to introduce process efficiencies.
Works with users to understand and document business needs, often eliciting hidden requirements and/or clarifying vague or unclear requirements. Develops use cases and business process diagrams.
Formulates and defines system scope and objectives based on user needs and through an understanding of business processes. Participates in business risk assessment, ROI and other financial analyses.
Validates and obtains sign-off for functional requirements/specifications.
Acts as a liaison between the business units, project manager, technology teams, vendors and support teams.
Provides business insights and clarification of requirements to support the delivery of effective technical solutions.
Ensures system and business requirements are met by monitoring business value achieved, escalates any variances that may impact ROI to the project team and ensures they are addressed.
Supports the development and delivery of user training.
Conducts and/or participates in functional testing.
Supports post-implementation and transition to a business/technical sustained state (e.g., warranty period support).
Provides input to project time and cost estimates.
Lead the collection, analysis, documentation and coordination of detailed requirements of Portfolio Management Systems to support Front, Middle and Back office business operations for Asset Management business line.
Successfully manages business analysis phase of large projects that have impact across multiple areas of the organization.
Contributes subject matter expertise and serves as a technical resource for other professionals in their field.
Provides direction to staff, vendors and contractors in their area of expertise.
Interface with the business clients to understand business needs and requirements, and to help develop and maintain the client relationship.
Participate in the evaluation of new products or initiatives to determine technology support required.
Provide overall support to ensure the successful design, testing and implementation of applications that support RAMP clients.
Manage and coordinate entry and exit of third party client portfolios.
Master’s degree in economics, finance, financial economics or IT with 5 years relevant experience or Bachelor’s Degree with a minimum of 7 years relevant experience.
Extensive experience as a Business Analyst for a large asset manager, Central Bank, Wall Street bank or major financial institution. In-depth knowledge of end-to-end fixed income business processes, workflows and industry practices.
Sound knowledge Portfolio Management Systems and proven experience with analyzing, deploying and supporting solutions for Fixed Income lines of business.
Conversant at a functional level with one or more of the following is a plus: Investment Accounting systems, Cash Management systems, and/or General Ledger systems.
Knowledge of Bloomberg (functions relating to fixed income instruments for e.g. data extraction, trade entry, PORT etc.)
Proficiency in relational databases and Structured Query Language (SQL)
Proficiency in use of Excel for data & quantitative analytics
Client Understanding and Advising –
Looks at issues from the client’s perspective and advocates for clients within own area so others to focus on meeting client needs.
Learning Orientation –
Stays abreast of new trends and developments in own specialty area, the broader industry, and experiments with new approaches or emerging technological solutions to current business needs.
Analytical Thinking –
Coordinates the information gathering and reporting process.
Business Function Knowledge –
Proposes technical plans that are aligned with business objectives and technical requirements.
Business Process Knowledge –
Maps full business processes and designs operational process flow.
Business Requirements Analysis –
Reviews customer business requirements and determines where support is needed relative to existing technical systems design.
Strategic Relationship –
Interacts with clients in order to identify opportunities that meet organizational and technological needs, as well as meet internal criteria for best practice that meet the client’s specific operational requirements as they relate to its organizational.
Lead and Innovate –
Develops innovative solutions.
Deliver Results for Clients –
Proactively addresses clients’ stated and unstated needs.
Collaborate Within Teams and Across Boundaries –
Collaborates across boundaries, gives own perspective and willingly receives diverse perspectives.
Create, Apply and Share Knowledge –
Applies knowledge across WBG to strengthen solutions for internal and/or external clients.
Make Smart Decisions –
Interprets a wide range of information and pushes to move forward.
The World Bank Group is committed to achieving diversity in terms of gender, nationality, culture and educational background. Individuals with disabilities are equally encouraged to apply. All applications will be treated in the strictest confidence.