World Bank Group WBG
Senior Financial Assistant
Research Analysts, Research Associate, Research Assistant
Chennai Tamil Nadu
Application Email :

Job Type

Full Time

Closing Date

Jun 11 2021


About the Organization:

World Bank Group (WBG) is one of the world’s largest sources of funding and knowledge for development solutions. The World Bank is a vital source of financial and technical assistance to developing countries around the world.

Position: Senior Financial Assistant

Duties and Accountabilities:

  • Performing daily cash reconciliation for cash flows (in several currencies) related to the asset management business i.e., money market transactions, repos, foreign exchange, buys and sells of fixed income, government and bond transactions and asset/mortgage backed securities;

  • Prepare daily securities reconciliations of Investment and Asset positions between the World Bank's records and the corresponding records of the Custodian;

  • Prepare monthly reconciliations of Investments and Net Asset Value per World Bank's records to corresponding records of the Custodian;

  • Identify trends and patterns, prepare commentaries on results / findings, and recommend solutions in a pro-active manner with regard to cash payment and receipt investigation;

  • Contact external banks through SWIFT correspondence messages for payments and receipts.

  • Investigate and report daily cash overdrafts and long balances in relation to external cash balances;

  • Assist in the prompt delivery of daily, monthly, quarterly and year-end deliverables and reporting requirements.

  • Developing, implementing, and documenting changes to procedures, processes, and standards and actively contribute to the projects undertaken by the team.

  • Effectively communicate with TREOP staff and Management both in Chennai and in Washington, D.C. Headquarters on the status of all assigned activities.

Selection Criteria:

  • Bachelor’s Degree in Commerce, Accounting or Finance.  Candidates with post-graduate degree in Finance, CA-Inter or ICWA – Inter would have an advantage.

  • 2 to 3 years of post-qualification experience on payments investigation, reconciliation and reporting of fixed income products and with systems that support trading activities

  • Knowledge of SWIFT, Payments & Clearing Systems, and of financial instruments particularly fixed income securities and products. 

  • Ability to deal with various third parties such as counterparties, custodians, etc. to obtain information.

  • Strong quantitative and qualitative analytical skills, including excellent spreadsheet skills. Familiarity with writing macros will be a plus.

  • Experience working with Treasury systems as well as demonstrated ability to learn new technology quickly and effectively for maximum productivity.

  • Excellent communication and presentation skills – both verbal and written.

  • High level of initiative, self-confidence and a self-starter; ability to apply a practical matured approach to problem solving with minimum supervision.

  • Highest ethical standards.

How to apply

For more information please check the Link