World Bank Hiring  B.Com, M.Com, BBA, MBA, CA, CPA 

Overview:

World Bank is hiring an experienced Senior Financial Assistant at their Chennai location for a duration of 3 years. The Senior Financial Assistant is a key member of the team, providing operational and administrative support for the IFC’s Loans and Equity operations. This role requires frequent interaction with internal counterparts in CNT, Treasury, Investment operations team, Syndications team, Internal Controls and the external auditors.

The complete details of this job are as follows:

What will you be doing:

Dispatching of Audit confirmations to clients’ external auditors.

Review for accuracy and sign-off of monthly/quarterly/semi-annually or annual bills to IFC’s borrowers including portfolio servicing.

Settling of client’s payments related to loans, guarantees, risk sharing facilities and other debt instruments.

Ensure accurate and timely posting of transactions in ACBS and Investran for Loans, Guarantees, and equities.

Monthly reflows of principal and interest to IFC’s co-leaders via the Northern Trust batch process.

Provide backup coverage in Loan billing, client contact updates, and Equity & Custody operations during peak volume periods.

Participate in the development, testing, and implementation of new and enhanced processes to accommodate the transition of the Loan portfolio from LIBOR to SOFR.

Support a wide range of new product initiatives by assessing and advising on the impact of such initiatives on processes in close coordination with the CNTLO/EC Quality Assurance team, IT support team, and Investment operations team.

Support department’s various existing and future business automation and transformations in close coordination with HQ counterparts and IT support team.

Qualifications for this Job:

Bachelor’s Degree preferably with a major in business administration, accounting, finance or international trade finance.

Masters in Finance or Accounting Certification such as CA or CPA would be a plus.

Minimum 2 years’ experience in related fields with a public/private financial institution.

Sound knowledge of SWIFT application and processing of payments using SWIFT standard instructions such as MT103, 202.

Knowledge of IFC systems, procedures and policies shall be advantageous. (IFC uses ACBS, CFApps, BI reporting, SAP, Investran, Quantum, I-Portal)

What Skills are Needed:

Ability to contribute to team performance with strong interpersonal and communication skills with attention to details.

Dedicated team player with excellent organization skills and ability to interact tactfully and professionally with clients and staff at all levels.

Ability to deliver quality results under deadline pressurHirnes and deliver quality results.

Excellent problem solving and analytical skills.

Solid skills and knowledge of the latest information and office technology, and relevant business tools.

Highest ethical and business conduct standards.

Fluency in written and spoken English required. Fluency in another WBG working language a plus

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