Senior Portfolio Manager at World Bank Group

Washington, District of Columbia, United States -

Full Time

Start Date

Immediate

Expiry Date

25 Jul, 26

Salary

0.0

Posted On

26 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fixed income, Portfolio management, Asset management, Investment strategy, Macroeconomic analysis, Credit analysis, Financial modeling, Risk management, Quantitative modeling, Yield curve analysis, Market execution, Stakeholder engagement, Mentoring, Compliance, Data analysis

Industry

International Trade and Development

Description

Senior Portfolio Manager Job #: req36498 Organization: World Bank Sector: Treasury Grade: GG Term Duration: 3 years 0 months Recruitment Type: Local Recruitment Location: Washington, DC,United States Required Language(s): Fluency in English required, proficiency in a second language is a plus Preferred Language(s): Closing Date: 5/8/2026 (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 http://www.worldbank.org/. The World Bank Group Treasury: Are you inspired by a global mission to end poverty? Do you want to build a career in finance with a global impact? The World Bank Group Treasury is one of the few places where you can be on the leading edge of finance as it sits at the only nexus of finance, innovation, and international development. We manage the institution's finances to enable all World Bank Group operations and lending. Each year, we issue over $120 billion in bonds, prudently manage around $300 billion in assets, and process over $10 trillion in transactions. Departments and Teams: Treasury has five departments and a compliance and controls team. Learn more about our organization: https://treasury.worldbank.org/en/about/unit/treasury/about/what-we-do With us, you won't just work in financial markets: you'll help create new ones. Poverty has no borders, and neither does excellence. With employees based in London, Nairobi, Dakar, Washington, Chennai, Paris, Singapore, Sofia and Tokyo, the World Bank Group Treasury represents over 50 nationalities, and our leadership team hails from all regions of the world. We are proud to be an equal opportunity and inclusive employer. We have a dedicated and committed workforce and do not discriminate based on gender, race, ethnicity, religion, disability, sexual orientation, or gender identity. Learn more about Treasury's greatest strength: its diverse and dedicated staff. Duties and Accountabilities: The Senior Portfolio Manager will be part of the US Fixed Income team (USFI) team and report to the head of the USFI team located in Washington DC. The USFI team is part of the global asset management operations managed by the Manager of TREAM in Washington DC. The Senior Portfolio Manager will be expected to undertake the following roles in addition to contributing to other Treasury initiatives as needed. • Investment Strategy and Portfolio Management: Lead the design, development, and implementation of investment strategies and portfolio construction for fixed-income portfolios managed by the US Fixed Income Desk, with a focus on U.S. government securities and high-grade credit markets. Ensure alignment with approved investment objectives, risk tolerance, and applicable asset and/or asset-liability management (ALM) frameworks. • Market Analysis and Investment Decision-Making: Undertake rigorous analysis of macroeconomic developments, monetary policy, interest rate dynamics, and credit markets to inform strategic and tactical asset allocation decisions. Translate market views into portfolio positioning, including duration, yield curve, and sector allocation strategies. • Product Development and Innovation: Develop and implement new trading strategies, financial instruments, and quantitative models/tools to enhance portfolio performance, risk management, and operational efficiency, in line with institutional guidelines. • Investment Universe and Counterparty Management: Identify and assess new eligible asset classes, instruments, and counterparties to broaden the investment universe, improve diversification, and enhance risk-adjusted returns, while ensuring compliance with internal policies and risk limits. • Risk Management and Performance Monitoring: Monitor and manage portfolio risks, including interest rate, credit, liquidity, and counterparty risks, ensuring adherence to established risk parameters. Conduct regular performance analysis and attribution, and recommend adjustments as needed. • Portfolio Review and Governance: Support the periodic review of portfolios under management, including the preparation of high-quality analytical materials and presentations for senior management and investment committees. Contribute to the formulation of investment policy recommendations and asset allocation proposals. • Client and Stakeholder Engagement: Collaborate with internal stakeholders and business partners to support client mandate implementation, portfolio adjustments, and ongoing relationship management, ensuring alignment with client objectives and institutional priorities. • Market Execution: Contribute to the efficient execution of transactions in global fixed-income markets, ensuring adherence to best execution practices and maintaining effective relationships with market counterparties. • Knowledge Sharing and Capacity Building: Lead and participate in technical advisory engagements, workshops, and knowledge-sharing initiatives with official sector asset managers and partner institutions, contributing to capacity building and dissemination of best practices. • Team Development: Mentor and support junior staff, fostering knowledge transfer, professional development, and a collaborative team environment. • Cross-cutting Contributions: Contribute to Treasury-wide initiatives, including process improvements, analytical enhancements, and strategic projects, as required. • Compliance and Controls: Ensure full compliance with internal policies, guidelines, and control frameworks, maintaining high standards of fiduciary responsibility, transparency, and accountability. Selection Criteria • Masters Degree in Business, Finance, Economics, Mathematics, Statistics or related field with minimum 8-10 years of relevant experience preferably in asset management. Professional certification in CFA is a plus. • Excellent knowledge of global fixed income markets. Deep understanding of other asset classes is desirable. • Strong quantitative, qualitative and credit analytical skills, including familiarity with financial modeling techniques especially in quantitative modeling. • Knowledge of front office operations related to global fixed income, money markets and other financial instruments. • Experience with systems supporting trading activities including processes and controls surrounding the asset management business. • Excellent communication skills – both verbal and written. Experience giving presentations and communicating and interacting with a broad range of audiences is highly desirable. • Demonstrated ability to collaborate across multidisciplinary teams in order to foster strategic business partnerships. • Proven capacity to multi-task, deliver results and respond quickly and effectively to requests. • A quick learning ability with strong initiative and drive, as well as attention to detail. • Excellent team player with strong interpersonal skills, and commitment to work in a team-oriented, multi-cultural environment with the highest ethical standards. • Familiarity with other languages is a plus. This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered. 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.

Responsibilities

The Senior Portfolio Manager will lead the design and implementation of investment strategies for fixed-income portfolios, focusing on U.S. government securities and high-grade credit markets. They will also conduct rigorous market analysis, manage portfolio risks, and mentor junior staff to foster a collaborative team environment.