24 Oct
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World Bank Group
|
Chennai
24 Oct
World Bank Group
Chennai
E T Temporary
Job #: req38740 Organization: World Bank Sector: Other Grade: ET4 Term Duration: 1 year 0 months Recruitment Type: Local Recruitment Location: Chennai,India Required Language(s): English Preferred Language(s): Closing Date: 10/26/2026 (MM/DD/YYYY) at 11:59pm UTC Description
At the World Bank, a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives.
For more information, visit International Bank for Reconstruction and Development.
VPU Context:
The Partnerships, Innovation and Mobilization Vice-Presidency (PIM) is responsible for the management and monitoring of policies, procedures and resources for the World Bank’s development financing vehicles. PIMsets the policy framework for the World Bank Group’s development finance by engaging in strategic resource mobilization, playing an intermediation role to help align the needs of recipients, WBG institutional priorities, and priorities of funding partners, through a variety of funding instruments. These include the International Development Association (IDA), the World Bank’s fund for the poorest and Trust Funds, including Financial Intermediary Funds (FIFs).
Given the nature and variety of this portfolio, PIM works closely with the Regions and Global Practices, offices of the Managing Directors, Executive Directors, World Bank Group (WBG) senior management, corporate and operations units across the WBG, funding partners and government officials.
The One World Bank Group
Approach works towards a greater coordination of the whole Group as a single entity, ensuring a coordinated approach to support the public and private sectors in client countries. PIM is structured to provide the institution with a more holistic approach to financing, and strategic fundraising across IDA, IBRD, and Bank/IFC trust funds and partnerships.
Unit Context:
The External Funds and Partnerships (EFPAR) leads the Bank's engagement in Trust Funds, Financial Intermediary Funds (FIFs), co-financing, and partner relations. The department administers a portfolio of nearly US$70 billion in Trust Funds and FIFs, sets the policy and procedural framework governing these instruments, and plays a critical intermediation role between the Bank's operational units and its funding partners.
EFPAR comprises three business lines: FIFs, Digital, and Analytics; Trust Funds and Partner Relations; and Co-Financing.
The Evolution Roadmap of the World Bank, with its concurrent focus on the financial model and the operational model,
has presented several new opportunities for EFPAR and entailed that the work program of the department is expected to pivot towards new ways of functioning and responding to new challenges. These include inter alia an enhanced focus on cofinancing in the public sector, responding to expectations of financial innovations in the management of FIF portfolios, resultant tweaks and changes to the policies on trust funds and FIFs, as well as increased demands for data and analytics. In addition, the rapid changes in the fiscal outlook and geopolitical priorities of the Bank’s traditional sovereign donors underscore the urgency of developing new partnerships with more expansive sovereign and non-sovereign entities.
Finally, with global attention to the reform of MDBs, WBG trusts funds and FIFs are in the public eye in ways that they were not previously. This requires an understanding of external and internal communications, an appreciation of how trust funds and FIFs work operationally and how they are linked to the broader landscape of the WBG’s work and ultimately, their impact on the ground.
The Extended Term Temporary (ETT), based in Chennai, will provide reporting and analytical support to ensure accurate, timely, and complete delivery of portfolio and management outputs related to Trust Funds and associated financing instruments. The role will support core reporting processes, reconciliations, beneficiary data validation, and testing activities, contributing to data integrity and continuous process improvement.
The ETT will report to the FIFDA Manager and will work under the overall guidance and supervision of the designated process or stream lead in collaboration with senior staff responsible for specific assignments. The position will support global workstreams from the Chennai office and operates in close coordination with counterparts across locations.
Duties and accountabilities:
Portfolio-at-a-Glance (P@G) Reporting
- Execute Portfolio‑at‑a‑Glance production tasks, including data extraction and transfer into standard templates, validation of instrument‑level and consolidated figures, and preparation of variance analysis to support resolution with the process lead.
- Support reporting execution and issue management, including applying approved templates and language updates, maintaining issue and resolution logs, providing status updates, and supporting the timely closure of reporting gaps.
Beneficiary Categorization Initiative (BCI)
- Perform beneficiary name validation through structured research using multiple reference sources, documenting findings to support accuracy and consistency.
- Update and maintain beneficiary categorization databases in line with agreed cycles, data governance standards, and established quality controls
Reconciliation and Testing
- Perform reconciliations across key datasets, systems, and reports; identify and analyze variances and support investigation and resolution.
- Support testing of new or enhanced reports and data outputs, including User Acceptance Testing (UAT), by comparing results against existing or legacy reports and documenting outcomes.
Process and Data Quality Support
- Support period-close activities (month-end, quarter-end, and year-end) as required.
- Contribute to continuous improvement initiatives by identifying data quality issues, documenting observations, and supporting agreed remedial actions.
- Assist with issue tracking, follow-up, and basic root-cause analysis under guidance from senior staff.
Selection Criteria
- Bachelor’s degree with some relevant professional experience in data analytics, finance, accounting, or a related field.
- Demonstrated experience supporting financial reporting, reconciliations, or portfolio analytics in a large institutional, public-sector, or international development environment.
- Knowledge of Trust Funds and Financial Intermediary Funds.
- Understanding of basic financial statements, donor or partner reporting, and the impact of transactional activity on financial outputs.
- Ability to prepare standard reports, perform reconciliations, and develop basic variance explanations.
- Experience supporting month-end, quarter-end, and year-end close activities.
- Exposure to data validation, testing, or UAT activities related to system changes or reporting enhancements.
- Ability to apply organizational policies, procedures, and data standards in the processing and reporting of transactions.
- Robust attention to detail and commitment to data accuracy and quality.
- Ability to work collaboratively in a team environment while managing multiple tasks and priorities.
- Effective communication skills, including the ability to document issues clearly and interact constructively with stakeholders.
- Client- and service-oriented mindset with a focus on delivering high-quality outputs and escalating risks appropriately.
WBG Culture Attributes:
- Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
- Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
- Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results..
World Bank Group Core Competencies
As per WBG policy, an Extended Term (ET) appointment is subject to a lifetime maximum of three (3) years. Former and current ET staff who have completed or are in the process of completing their third-year ET appointment are not eligible for future ET appointments.
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.
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