Apply For Director Job Vacancy In Washington | US | World Bank


Date of expiration: Friday, October 13, 2023 | Apply For Director Job Vacancy In Washington | US | World Bank

  • Requisition 24497
  • Business: World Bank
  • Industry: Treasury
  • Level: GI
  • Term 3 years and 0 months.
  • International Recruitment as a Type of Recruitment
  • Location: United States, Washington, DC
  • Language(s) required: English
  • Favorite Language(s): Date of Closing: 10/13/2023 @ 11:59 UTC



Do you desire to develop a profession that is actually valuable? The World Bank Group is a unique global partnership of five organizations committed to eradicating extreme poverty and fostering shared prosperity. It is one of the greatest sources of finance and information for developing nations. We collaborate with public and private sector partners, invest in ground-breaking projects, and use data, research, and technology to discover answers to the most pressing global challenges. We have 189 member countries and more than 120 offices globally. Visit the World Bank website to learn more.

IBRD and IDA, as well as, to varied degrees, other members of the World Bank Group and other public sector investors, entrust their treasury operations to Treasury, which is the Vice Presidency and reports to the Managing Director and World Bank Group Chief Financial Officer. The company’s operations are divided into the following departments: Client Asset Management and Advisory, Treasury Operations, and Capital Markets and Investment Management. The Risk, Compliance, and Controls Unit is another component of the Treasury VPU.

To lead the TREAP team, the Asset Management and Advisory Department Director is looking for a dynamic professional with a proven track record of outstanding leadership, technical proficiency, and exceptional people management abilities. The Manager will be a component of the Treasury Management Team, together with Managers and Directors from all Treasury Departments, and will report to the Director, TREAA.

obligations and responsibilities:

Apply For Director Job Vacancy In Washington | US

  • Lead and manage the department’s three divisions: Product, Knowledge, and Research (TREPK), Advisory and Partnership (TREAM), and Asset Management (TREAM).
  • Show the Department the way and inspire, motivate, and lead.
  • Create and maintain the Department’s plan for business expansion and sustainability.
  • Be fully and jointly responsible for the management, course, and operation of Treasury’s business as a member of the LT.
  • Formulate strategic staffing needs and annual budget requirements in collaboration with the LT. Make sure that resources are used cost-effectively and that asset management and advising services, including the RAMP program, are profitable.
  • Offer guidance, coaching, and feedback to continuously build and keep a team of financial professionals that is talented, diverse, and high performing.
  • Promote and serve as an example of change and innovation.
  • Develop and manage connections with external and internal clients, development partners, and industry experts while fostering teamwork and collaboration across the department, Treasury, CMUs (Country Management Teams), and the World Bank Group.
  • Manage outreach to potential clients and uphold dependable connections with them and the World Bank Vice Presidency Unit in charge of contacts with trust funds and financial intermediary funds.
  • Take the lead in the strategic dialogue and forge relationships with other Bank units and organizations from the official sector to make sure that the department contributes to and is in line with the emerging consensus on the best methods for managing assets and public reserves.
  • Supervise the creation and execution of investment strategies, and investigate new asset classes or investment products while adhering to responsible risk management guidelines.
  • Manage operational risk closely while implementing appropriate and successful investment strategies that take use of the team’s competitive market advantages in order to achieve sustained excess returns over the investment benchmarks of the clients’ mandates.
  • Manage RAMP’s multi-year capacity building engagements, technical advice, and thought leadership components, utilizing the department’s experience as well as those of Treasury and other Bank units to offer customers high-caliber technical support.
  • Assist in the design and production of knowledge-sharing products, resources, and activities such as research papers, seminars, conferences, and training sessions.
  • Promote the RAMP program and other asset management and advisory services and regularly communicate with senior central bank decision-makers, national pension funds, sovereign wealth funds, financial intermediary funds, and other official sector asset managers on a wide range of policy issues.
  • Represent the World Bank and Treasury at conferences and international forums, and foster cooperative ties with the institution’s highest-ranking officials as well as asset management experts, thought leaders, and outside service providers.

Selection Standards

The chosen applicant should meet the requirements listed below:

  • Advanced degree(s) in a relevant discipline, such as Business, Economics, Finance, or Mathematics
  • Significant knowledge and experience in a broad range of corporate, policy, and operational themes, as well as auxiliary fields.
  • Fifteen years of relevant experience in a senior position at an official financial institution or an international development organization.
  • A demonstrated ability to manage highly qualified technical teams, foster teamwork, coach and mentor managers and staff, and facilitate organizational change are essential.
  • A demonstrated ability to listen to and integrate different ideas, form alliances with others across boundaries, and collaborate with others is also essential.
  • A demonstrated and tested capacity for networking, good interpersonal and negotiation skills, and the ability to work with both internal and external business partners to find common ground in order to advance departmental goals.
  • Demonstrated success in involving senior decision-makers at central banks’ national pension and sovereign wealth funds, FIFs and other asset managers in the official sector, board and investment committee members, and on complex policy issues pertaining to institutional structures, governance, and investment management activities.
  • Possesses a strategic vision, good logic, and inventiveness; the ability to concisely and effectively present options and trade-offs.
  • A desire for success as well as the organizational and executional abilities to offer high-quality goods and services quickly and effectively in response to customer needs.
  • A high level of self-motivation, a positive outlook, and the capacity to take the initiative and work with others in a multicultural, team-based workplace.
  • Excellent and established English writing and speaking abilities to present to audiences of various levels at local, national, or international conferences and forums and to communicate complex and technical subjects in straightforward terms.
  • Highest ethical standards and the capacity to serve as an example of WBG leadership principles and managerial behaviors to the management team and personnel,
  • English proficiency is necessary. The ability to speak different languages well is greatly desired.
  • Willing and able to travel internationally extensively.

Regardless of gender, gender identity, religion, race, nationality, sexual orientation, or disability, the World Bank Group embraces diversity and welcomes all competent applicants who are citizens of member nations to apply. Candidates from Sub-Saharan Africa, the Caribbean, and women are all particularly encouraged to apply.

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