About the opportunity
The Financial Instruments Accounting and Valuation (CTRAC) unit within the World Bank Group’s Controllers Vice Presidency is responsible for product control functions for financial instruments, including borrowings, derivatives, and investments. The Financial Officer will act as a technical lead, managing project requirements, accounting processes, and valuation reporting. The role involves close collaboration with Finance, Treasury, and Corporate Finance teams, as well as external counterparts, to ensure robust fiduciary control and accurate financial reporting. The successful candidate will translate new financial products into system requirements, manage User Acceptance Testing, monitor investment portfolios, and ensure compliance with accounting policies and internal controls.
Salary and benefits
- Opportunity to work within a diverse, global community addressing international development challenges
- Professional engagement with World Bank Treasury and other global financial stakeholders
- Involvement in institutional projects and the implementation of new financial products
- Access to training programs and professional development within the World Bank Group
Who can apply?
- Demonstrated experience in financial instrument accounting, valuation, or product control
- Strong technical proficiency in project management and business requirements documentation
- Ability to collaborate with cross-functional teams across different geographic locations
- Knowledge of accounting pronouncements and industry best practices for financial instruments
Required documents
- Resume or Curriculum Vitae
- Cover letter detailing relevant experience
When to apply
- Applications are open as of 2026-10-01
- Application deadline is 2026-10-15 at 11:59pm UTC
How to apply
- Visit the official World Bank Group careers portal
- Locate the Financial Officer requisition (req38484)
- Submit the application through the online portal before the deadline
Additional information
- The position is based in Chennai, India
- The role reports within the CTRAC department of the Controllers Vice Presidency
- The World Bank Group is an equal opportunity employer
Our Take on This Opportunity
This section reflects Open Opportunities’ own analysis of the opportunity from an applicant’s perspective.
You may be a strong fit if…
- Professionals with a background in financial instrument valuation, derivatives, or investment accounting will find this role highly relevant to their expertise.
- Candidates experienced in User Acceptance Testing (UAT) and translating business requirements into technical system specifications are well-aligned with the core responsibilities.
- Individuals who thrive in collaborative, cross-functional environments and have experience working with Treasury or risk management teams will be strong candidates.
What should you think carefully about?
- This is a technical, high-responsibility role focused on fiduciary control; candidates should be prepared for a rigorous environment with strict compliance and reporting standards.
- The role requires significant coordination across different time zones and departments, which may involve non-standard working hours depending on global project needs.
- Applicants should ensure they have the necessary authorization to work in Chennai, India, as the role is location-specific.
How could this fit your current goals and plans?
This position offers a significant opportunity for a finance professional to deepen their expertise in international financial reporting and institutional-scale financial instrument management. It is an ideal step for someone looking to transition into or advance within a major multilateral development institution, providing exposure to complex global financial operations and the chance to influence internal control frameworks.
Our take
This role is highly suitable for experienced financial officers or product controllers with a strong technical grasp of financial instruments. It is less suitable for those seeking generalist accounting roles or those without specific experience in valuation and system-based financial reporting.
Ready to apply?
Review the opportunity on the official website before applying.
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