Jobs
>
Chennai

    Financial and Client Operations Loan, Equity Consultant - Chennai, India - World Bank Group

    World Bank Group
    World Bank Group Chennai, India

    2 weeks ago

    Default job background
    Description


    Job Description



    Description


    –>

    CNTFO has co-located some aspects of its work program to IFC's Chennai Office (CNTCO), which has recruited staff in the IFC Financial Operations Support team (CNTFC) to deliver this work program. The team provides support and interacts with IFC colleagues in Washington on a day–to–day basis. The Consultant shall interact extensively with internal partners, such as Loan Operations counterparts, Middle Office Operations team, Investment operations, Syndications Unit, IT teams, Treasury Support, and the IFC Financial Reporting team. The Consultant will report to the Team Lead of the CNTFC Loan & Equity unit in Chennai. The individual must be a self-starter in identifying and undertaking projects or initiatives.

    Roles and Responsibilities

    The Consultant is a key member of the team, providing operational support for the IFC's Loans and Equity operations. This role requires frequent interaction with internal counterparts in CNT, Treasury, Investment operations team, Trade Finance Middle Office team, Trust Fund Budget team, Blended Finance team, Syndications team, Internal Controls, and external auditors.

    • Participate in the execution of end-to-end servicing of Third-Party Funds (TPF) processes and ensure effective communication and coordination with all the related parties
    • Review Third Party Funds (TPF) project agreements to ensure accurate booking of product-project commitments in IFC systems
    • Review Donor Trust Fund Investment (DTFI) Admin agreements and ensure accuracy in Master Data set-up execution in IFC systems
    • Manage GL Accounts configuration and Event set-up administration in the DTFI system
    • Process SWIFT disbursements for regular loans, other debt products, Short Term finance products, TPF guarantee claims, DTFI rebate payout, DTFI Equity
    • Manage DTFI servicing about Risk Sharing Facilities, Guarantees, and Equities project portfolio
    • Settle client payments associated with IFC and TPF loans, guarantees, short-term finance, risk-sharing facilities, blended finance facilities, and other debt instruments in IFC systems
    • Process SWIFT/wire transfer for periodic reflows of loan principal and income to the IFC's TPF participants
    • Ensure accurate and timely posting of transactions in IFC systems for Loans, Guarantees, and Donor fund activities
    • Monitor daily donor bank account movements and ensure accurate, timely transaction processing, reconciliation, and month-end closing in the IFC Treasury system for DTFI funds
    • Execute the monitoring, reconciliation, compliance, and periodic reporting of DTFI Donors, Risk sharing facilities, MCPP, and Blended finance facilities.
    • Assist in the preparation of Year-end Financial statements, Annual reports, GL analysis, and closing for DTFIs in IFC systems by providing necessary documentation and support
    • Support a wide range of new product initiatives by assessing and advising on the impact of such initiatives on processes in close coordination with the CNTLO/EC Quality Assurance team, IT support team, and Investment operations team
    • Reconcile and articulate accounting issues related to transaction postings in IFC systems, SAP, and ODS
    • Support the department's various existing and future business automation, transformations, and big-ticket institutional projects like loan system replacement, Quantum Upgrade, Investran Upgrade, Core operations system replacement, Swift Upgrade in close coordination with HQ counterparts, different stakeholders, and the IT support teams
    • Participate in the development, testing, and implementation of new and enhanced processes to accommodate the transition of the IFC Loan portfolio from LIBOR to SOFR
    • Guide internal and external clients regarding transaction processes, procedures, and IFC's corporate policies under all aspects of Loans, Guarantees, Third Party Funds (TPF), Donor Trust Funds Investments (DTFI) functions, and Risk Sharing Facilities
    • Provide backup support to the team during high-volume periods to ensure smooth operations delivery
    • Participate in the assessment, design, and implementation of a new internal controls framework for IFC investment trust funds

    Selection Criteria

    • Bachelor's Degree preferably with a major in business administration, accounting, finance, or international trade finance
    • Accounting Certification such as CA or CPA would be a plus
    • Minimum 3 years experience in related fields with a public/private financial institution
    • Knowledge of IFC systems, procedures, and policies shall be advantageous. (IFC uses ACBS, CFApps, BI reporting, SAP, Investran, Quantum, and I-Portal)
    • Ability to contribute to team performance with strong interpersonal and communication skills with attention to detail
    • Dedicated teammate with excellent organization skills and ability to interact tactfully and professionally with clients and staff at all levels
    • Ability to deliver quality results under pressure, and with limited direct supervision
    • Excellent problem-solving and analytical skills
    • Solid skills and knowledge of the latest information and office technology, and relevant business tools. Highest ethical and business conduct standards
    • Fluency in written and spoken English required. Fluency in another WBG working language is a plus

    Source:



    Recommend your friend



    –>


    To help us track our recruitment effort, please specify on the application form/indicate in your cover letter where ) you saw this job posting.

  • Assistnow Inc

    Corporate Lawyer for Saas Product and Service

    5 hours ago

    Assistnow Inc Chennai, Tamil Nadu, India

    **About Us**: · AssistNow is a leading Workday and AI product and service company specializing in cloud solutions, digital transformation, and AI-driven analytics. We provide custom software tools, technology solutions, and consulting services to small and medium-sized enterprise ...

  • Infotel UK

    Talent Acquisition

    1 week ago

    Infotel UK Chennai, India

    **Responsibilities**: · - Work with managers and recruiters to develop job descriptions and job postings that accurately describe the required skills and qualifications for each job opening. · - Represent Infotel UK Consulting at industry events, job fairs, and networking events ...

  • AECOM

    Associate

    1 week ago

    AECOM Chennai, India

    Company Description · **At AECOM, we're delivering a better world.** · We believe infrastructure creates opportunity for everyone. Whether it's improving your commute, keeping the lights on, providing access to clean water or transforming skylines, our work helps people and commu ...

  • AECOM

    Associate

    1 week ago

    AECOM Chennai, India

    Company Description · At AECOM, we're delivering a better world. · We believe infrastructure creates opportunity for everyone. Whether it's improving your commute, keeping the lights on, providing access to clean water or transforming skylines, our work helps people and communiti ...

  • EY

    Wam staff aladdin Compliance

    6 days ago

    EY Chennai, India

    At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better, too. Join us and build ...

  • AECOM

    Architect I

    1 day ago

    AECOM Chennai, India

    Company Description · **Work with Us. Change the World.** · At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world' ...

  • AECOM

    Associate

    5 hours ago

    AECOM Chennai, Tamil Nadu, India

    **Company Description** Work with Us. Change the World.** · At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world' ...

  • ChildFund India

    Consultancy Engagement for Face to Face Fundraising

    5 hours ago

    ChildFund India Chennai, Tamil Nadu, India

    **Consultancy Assignment**:Face to Face Fundraising · **Department**: Individual Fundraising Unit · **Reporting to**: Team Leader - Individual Fundraising · **Location**: Bangalore and Chennai · **Travel**: Extensive · **ABOUT US** · ChildFund is a child development organization ...

  • AECOM

    Architect I

    1 day ago

    AECOM Chennai, India

    Company Description · Work with Us. Change the World. · At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's tr ...

  • AECOM

    Principal Architect

    2 days ago

    AECOM Chennai, Tamil Nadu, India

    Company Description · Work with Us. Change the World. · At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's tr ...

  • AECOM

    Associate

    5 hours ago

    AECOM Chennai, Tamil Nadu, India

    Company Description · Work with Us. Change the World. · At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's tr ...

  • AECOM

    Architecture Ii

    1 week ago

    AECOM Chennai, India

    Company Description · At AECOM, we're delivering a better world. · We believe infrastructure creates opportunity for everyone. Whether it's improving your commute, keeping the lights on, providing access to clean water or transforming skylines, our work helps people and communiti ...

  • Refex Industries

    Refex Group

    1 week ago

    Refex Industries Chennai, India

    Position Responsibility: This position be based at Chennai corporate office, will be responsible for Equity fundraising for the group in diversified business. · Job Description: · - Responsible for private equity fundraising for the new projects · - Should have closed 3-4 mid to ...

  • Refex Industries

    Refex Group

    1 week ago

    Refex Industries Chennai, India

    Position Responsibility: This position will report to Head Corporate Finance based in Chennai corporate office, will be responsible for Equity fundraising for new solar power projects. · Job Description: · - Responsible for equity fundraising for the new projects · - Should have ...

  • CDW

    Manager Total Rewards

    1 week ago

    CDW Chennai, India

    JOB SUMMARY · As a Total Rewards Manager - India, you'll be responsible for designing, implementing, supporting the administration of CDW's compensation and benefits programs across India. Reporting to the Head of Total Rewards – International, you'll serve as an integral member ...

  • Ashley Global Capability Center

    Manager/Senior Manager HR

    4 hours ago

    Ashley Global Capability Center Chennai, India

    About the job · Get to Know Us: · Ashley Furniture, the largest furniture manufacturer in the world, has expanded to India with the establishment of Ashley Furniture India Pvt. Ltd and a new Global Capability Centre in Chennai. Ashley has built a reputation as a best-in-class emp ...

  • Sampoorna Consultants Private Limited

    Comp and Benefit Specialist

    2 days ago

    Sampoorna Consultants Private Limited Chennai, India Full time

    Excellent Opportunity with our client for · Comp and Benefit Specialist (Job Code : J47315) · Exp : 6 - 8 Years · Location: Chennai · Key Skills: HR · Please pass on or Share this message to your friends who are looking for similar roles · the compensation and benefits budget, ...

  • JMan Group

    Consultant - Data Engineering

    1 day ago

    JMan Group Chennai, India permanent

    ABOUT JMAN : · JMAN Group is a growing technology-enabled management consultancy that empowers organizations to create value through data. · Founded in 2010, we are a team of 100+ consultants based in London, UK, and a team of 170+ engineers in Chennai, India. Having delivered mu ...

  • Spark Private Wealth

    Spark Capital

    2 days ago

    Spark Private Wealth Chennai, India

    Background: · Spark is raising its first Near-IPO / Late-Stage Equity fund under a CAT-II AIF structure - Spark Midas Fund - I. The fund is expected to: · 1. Invest in IPO-bound companies (with a time horizon of a maximum of 3 years to IPO) by way of primary or secondary transact ...

  • Emerson Climate Technologies Inc

    Senior Engineer

    2 days ago

    Emerson Climate Technologies Inc Chennai, India Full time

    JOB DESCRIPTION · Job Summary:If you are a Sales professional, Emerson has an exciting offer to you This Senior Sales Engineer / Assistant Sales Manager Field will cover Andhra & Telengana states. This role will be responsible for the KOB1/ 2/ & 3 businesses. · In this Role, Your ...