Senior Financial Officer
As part of IFC’s dynamic and market-oriented Treasury, the Quantitative Analysis Group is responsible for providing the analytical support to the trading units in IFC Treasury. The main activities of the group are: (a) financial modeling and its implementation in application tools; (b) automation of processes for routine analysis; (c) maintenance of the integrity of data in the systems used for various analysis; and (d) validation of the output from the systems and models. The Quantitative Analysis and Modeling Group is conducting a search for a (Senior) Financial Officer. The position will be located at IFC’s Washington DC headquarters
Duties and Accountabilities:
As a hands-on position, the individual will develop/validate financial models to ensure appropriateness of use and accuracy of output. Examples of general duties include the following:
- Play a leading role in enhancing and maintaining derivative pricing programs and programs for the measurement of credit exposure.
- Model valuation and testing of structured/exotic bonds and derivatives covering global fixed income, foreign exchange, equity and commodities market.
- Model development and enhancement for sovereign loans, credits and guarantees.
- Develop analytical tools and provide analytical support to portfolio managers.
- Investigate derivative mark-to-market discrepancies with that of our counterparty.
- Take personal responsibility and accountability for timely response to client queries and requests. Work to remove obstacles that may impede execution or overall success.
- Take personal responsibility and accountability to meet deadlines and achieve agreed-upon results.
- Develop and maintain utility programs, such as report generators.
- Monitor and troubleshoot daily and month-end automated jobs.
- Actively seek knowledge needed to complete assignments and share knowledge with others.
- Creating and maintaining documentation.
Selection Criteria:
- Applicants must have a MS or higher degree in Finance, Mathematics, engineering or equivalent.
- 8+ years of direct relevant market experience, at least 5+ years in Structuring/Trading/Valuation of exotic interest rate and/or foreign exchange derivatives or credit.
- Solid understanding of fixed income mathematics. Strong quantitative, analytical and derivative pricing skills. Experience with the implementation and application of models such as HW, SABR, HJM, LMM is required.
- Applicants must have a MS or higher degree in Finance, Mathematics, engineering or equivalent.
- 8+ years of direct relevant market experience, at least 5+ years in Structuring/Trading/Valuation of exotic interest rate and/or foreign exchange derivatives or credit.
- Solid understanding of fixed income mathematics. Strong quantitative, analytical and derivative pricing skills. Experience with the implementation and application of models such as HW, SABR, HJM, LMM is required.
- Able to independently determine appropriate modeling and valuation techniques and to construct models consistent with market practice.
- Knowledge of a derivative trading platform, preferably Summit and associated C++ API.
- Strong C++ and preferably some Excel VBA.
- Experience using UNIX, preferably Solaris.
- Proficiency in developing for relational databases. Oracle preferred, OCI, SQL+ and PL/SQL.
- Experience using Bloomberg and Reuters.
- High degree of motivation to enhance the level productivity via automation.
- Ability to work under pressure.
For full job descriptions and to apply on-line, please visit IFC’s career website at: www.ifc.org/careers.
Closing date: September 03, 2013
Position number: 131492
Applications must be submitted online. Only those candidates selected for interviews will be contacted. Candidates can check the status of their applications by visiting www.ifc.org/careers.
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