MNA Fellow
| Job #: | req38818 |
| Organization: | World Bank |
| Sector: | Financial Sector |
| Grade: | EC1 |
| Term Duration: | Extended Term Consultant (ETC) |
| Recruitment Type: | Local Recruitment |
| Location: | Washington, DC,United States |
| Required Language(s): | English |
| Preferred Language(s): | |
| Closing Date: | 11/3/2026 (MM/DD/YYYY) at 11:59pm UTC |
Description
The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty and promoting shared prosperity. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.
The WBG Corporate Finance Department (GCF) is responsible for all aspects of corporate finance of IBRD, resource mobilization and management of the world’s largest concessional fund – IDA, and the financial management of grant contributions from development partners for Trust Funds (TFs) and Financial Intermediary Funds (FIFs). GCF is the WBG’s principal department responsible for supporting the WBG CFO in coordinating and representing the Group in engagements with the Board and Audit Committee on financial matters.
GCF’s main responsibilities include (i) the replenishment and stewardship of IDA with primary focus on IDA’s medium- to long-term financial planning and sustainability, balance sheet optimizations, and overall balance sheet management, (ii) IBRD’s medium- to long-term financial planning and sustainability, overall balance sheet management, and annual decisions on loan terms and income allocations, (iii) developing innovative financial strategies, policies, and products to address unique challenges, (iv) managing IDA’s capital subscription and voting rights and related member relations and communications, and (v) processing FIF transactional cash flows and associated record keeping.
The MNA Fellow will primarily support the Modeling, Data, & Analytics Cluster but will have opportunities to work with the broader Corporate Finance Unit. The Modeling, Data, & Analytics Cluster establishes and maintains robust data and analytical infrastructure in the form of advanced financial models, databases, IT systems, and expertise in support of financial strategy, policy analysis, and other strategic initiatives. The analysis generated directly supports WBG Senior Management reports and decisions.
Duties and Responsibilities
• Support technical enhancements to ongoing analytic responsibilities designed to increase process automation, centralize data, improve efficiency, and improve process controls.
• Prepare data for AI readiness and contribute to developing, testing, or enhancing AI-assisted analytics (e.g. chatbots, agent-based systems, intranet search).
• Perform data cleaning, validation, and standardization of large, multi-source datasets and conduct routine quality assurance and reconciliation checks.
• Support planned enhancements to the scope, breadth, and accessibility of internal research databases to enable efficient and value-added analysis of WBG operations and its financials.
• Support the ongoing analysis of IBRD and IDA corporate balance sheet projection models and risk exposure models.
• Contribute to the recurring review of model assumptions and their effectiveness in generating effective financial projections.
• Contribute to improvements in the reporting and visualization of the team’s analysis, including creating new dashboards or expanding existing dashboards.
• Support the ongoing generation of quarterly reports and analysis that are delivered to WBG Senior Management.
• Support other clusters as needed including contributing to automation enhancements in other areas, supporting donor engagement activities, generating analysis for new product evaluation, and supporting financial policy initiatives and product development.
Selection Criteria
• Master’s degree and at least two years of relevant work experience, or equivalent combination of education and experience.
In addition, the ideal candidate should have a combination of the following experience and skills:
• Degree in Finance, Financial Engineering, Data Science, Business Administration, Economics, Math, IT, or a related field. Progress toward the CFA, PRM, or FRM is a plus.
• At least one year of direct experience in Banking, Corporate Finance, Treasury, Risk Management, or ALM.
• Good knowledge of financial concepts including balance sheet management, ALM theories, yield curve bootstrapping, valuation methods, hedging practices, interest rate modeling, economic capital estimation, and/or financial risk measurement.
• Strong skills and experience with databases with ability to extract, clean, and analyze data using SQL queries and Python. Broader experience with other object-oriented programming languages (VBA, Java, C++ etc.) is a plus.
• Good understanding of financial product types including loans, bonds, swaps, forward agreements, and options.
• Good experience with process automation and ability to automate repeatable analytic workflows.
• Strong background in statistical data analysis and other quantitative techniques; knowledge of statistical high-level data analysis languages such as Matlab, R/RStudio, or QuantLib would be a plus.
• Strong analytical ability, intellectual curiosity, and critical thinking skills as demonstrated by work in relevant areas and/or academic qualifications.
• Knowledge of AI prompt engineering and ability to create AI agents to increase data availability and improve operating efficiency.
• Good written and oral communication skills with the ability to communicate technical findings to non-technical stakeholders.
• Good team player with ability to work under pressure and deliver against tight deadlines.
• Excellent English language skills.
As the World Bank Group continues to evolve, we value candidates who:
- Demonstrate the ability to collaborate effectively across teams, disciplines, cultures, and institutional boundaries.
- Responsibly leverage digital and AI-enabled tools to enhance productivity, learning, and decision-making.
- Bring experience working in fragile, conflict-affected, and violent (FCV) contexts and are encouraged to highlight relevant experience in their application materials, where applicable.
WBG Culture Attributes:
1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC including our values and inspiring stories.