Controllers Loan Client Service Finance Officer

Job # :

- req36286

Organization :

- World Bank Group

Sector :

- Finance & Accounting

Grade :

- GF

Term Duration :

- 3 years 0 months

Recruitment Type :

- Local Recruitment

Location :

- Chennai,India

Required Language(s) :

- English

Preferred Language(s) : Closing Date :

- 4/24/2026 (MM/DD/YYYY) at 11:59pm UTC

Description

About World Bank Group Controllers (CTR)

The WBG Controllers [formerly WFA] Vice Presidency is responsible for all aspects of the financial reporting and internal control framework for IBRD/IDA, IFC and MIGA, and the extensive Trust Fund/Partnership portfolio of the World Bank Group (WBG) entities. It supports an appropriate fiduciary control framework and administering disbursements for WBG lending and leads the client service function for the World Bank Group’s corporate expenses.

Organizationally, Controllers is comprised of three departments: (1) Corporate Accounting and Reporting, (2) Loans and Financing Operations [formerly Trust Funds and Loans], (3) Financial Operations, and (4) the Solutions and Transformation division mapped under the Vice President’s Front Office. In Controllers, our mandate supports both internal and external clients while we focus on delivery, optimization, impact, and people & culture.

Loan Clients Services CTRCS [formerly Client Services WFACS]

Within Controllers, the Loan Clients Services unit (CTRCS) of the Loans and Financing Operations Department is devoted to providing “front-end” client services and related operations to business and external clients and is organized along business lines serving the regions and global practices. The Services within the area of CTRCS responsibilities fall under three categories: regional coordination,



country focal point assistance, and project-level fiduciary and portfolio management.

CTRCS is currently seeking a highly motivated Finance Officer (FO) based in Chennai, India.

How your contributions will help us achieve our goals : The CTRCS FO plays an important role in disbursement related activities during preparation and implementation of a project, including but not limited to the following:

- CTRCS country focal point for an assigned country portfolio,
- Review and explicit project preparation packages for new World Bank-funded projects,
- Support the disbursements-related aspects of the project implementation,
- Perform the client relationship management with the various stakeholders that CTRCS engages with,
- Innovate and provide solutions that leverage technology to improve impact and operational efficiency,
- Support and test improvements to modernize disbursement systems,
- Actively engage with stakeholders and build strong partnerships to improve effective collaboration, and,
- Perform a variety of broad responsibilities, as needed, while working as part of a global team.

As FO you will report to the Regional Team Lead based in Zagreb.

What you will do : A) Country Team Focal Point :

- Serve as focal point for internal and external client inquiries at the country level.
- Provide country-related input to the respective CTRCS Senior Regional Team Leader (TL)



and the Manager to drive conversations with Country Management Units (CMUs) about country coordination and institutional initiatives within the assigned region.
- Interact with Team Task Leaders (TTLs) to follow up on financing and disbursement-related issues arising in project preparation; contact CMU and borrowers to advise on new financial products, loan instruments, and disbursement system enhancements (e.g. FundsChain) that could benefit project preparation and facilitate resolution of portfolio disbursement bottlenecks; facilitate conversation between CMU and Ministry of Finance (MoF) on debt service options (whenever new product or service emerges).
- Participate in regular meetings for TLs/ Finance Officers (FOs)/ Finance Analysts (FNs)/Manager to share insights across countries and promote knowledge-sharing.
- Participate in country team meetings to provide advice on initiatives impacting disbursement-related issues at the portfolio level.

B) Project Preparation :

- For pipeline projects in assigned portfolio countries, provide support to task teams by reviewing project documents (Concept Notes, Appraisal Documents, Financing Agreements, etc.) and other sources of information, providing timely inputs and raising issues, which may have an impact on disbursement arrangements, or are unclear, and escalate to management any issues that require management action or support.
- Advise the task team on disbursement-related aspects of loans/credits/grants/TFs to ensure they are consistent with Bank policies and procedures and will adequately support project implementation with due regard for economy and efficiency.
- Prepare disbursement and financial information letters (DFIL), loan repayment terms and amortization schedule

📌 Controllers Loan Client Service Finance Officer (Chennai)
🏢 World Bank Group
📍 Chennai