Job Description

E T Consultant

Job #:

req34468

Organization:

World Bank

Sector:

Finance & Accounting

Grade:

EC1

Term Duration:

1 year 0 months

Recruitment Type:

Local Recruitment

Location:

Chennai,India

Required Language(s):

English

Preferred Language(s):

Arabic, French, Russian, Portuguese, or Spanish

Closing Date:

10/14/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

Do you want to build a career that is truly worthwhile? 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 www.worldbank.org.

The World Bank Group Finance & Accounting (WFA) Vice Presidential Unit is responsible for all aspects of the financial reporting and internal control framework for the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), and the extensive Trust Fund/Partnership portfolio of these entities. WFA also houses the functions related to valuation, accounting for corporate expenses, structured finance, and loans as well as ensuring fiduciary responsibility for all disbursements related to Bank operations.

Within WFA, WFACS - Client Services unit of the Trust Funds and Loan Operations Department delivers client services and related operations to business and external clients and is organized along business lines serving the regions and global practices. The client services within the area of WFACS responsibilities fall under three categories: regional coordination, country focal point assistance, and project-level fiduciary and portfolio management.

WFACS team members are based in Washington DC, Zagreb, Nairobi, Brasilia, Chennai, Manila and Beijing country offices. WFACS is currently seeking a highly motivated Extended Term Consultant (ETC) for its team in Chennai, India. The ETC will report to the WFACS Supervisor based in Chennai.

How your contributions will help us achieve our goals

The ETC will play an important role in the rollout and implementation of the Bank's blockchain platform, FundsChain, in Bank financed IPF Operations. You will become part of a team created to support FundsChain Champions working in Operations. You will be expected to support Operations staff and external Borrowers. You may also perform a variety of broad responsibilities of the division, including training Borrowers, providing solutions and supporting systems design and testing.

Duties & Accountabilities:

Serve as FundsChain Champion support team member, directly supporting WFACS Country Teams rolling out FundsChain in operations. You are expected to monitor and respond to queries submitted through the FundsChain CRM by internal clients (task teams, financial management specialists and procurement specialists, legal) and external clients (project implementation unit staff and borrowers). Support and advise on the processes and procedures required to efficiently utilize the FundsChain platform; provide support during the rollout phase and through implementation to closing. Engage and advise clients on the processes and procedures required to efficiently utilize eDisbursement system and FundsChain blockchain platform. Prepare and develop training materials to support the FundsChain initiative, using data analytics applied to CRM queries to determine areas that need additional support and training. Evaluate the results of the FundsChain surveys to identify areas where borrowers have capacity constraints and provide capacity-building to clients. This includes training end-users on how to access and utilize FundsChain's tools and data to monitor and manage the traceability of disbursements and reporting on use of funds. Whenever required, collaborate with FM in the delivery of FundsChain Trainings for Clients, prepared relevant materials to PIUs/borrowers on the use of the system; work closely with on troubleshooting with technical teams. Continually test the FundsChain platform and provide support on development and upgrades to FundsChain. Perform other tasks including disbursement related work assigned by your supervisor.

Selection Criteria

This opening has two positions

The successful candidate will have the following:

Education:

Professional accounting qualification including membership of the Institute of Chartered Accountants of India preferred A bachelor's degree in finance, Accounting or a relevant discipline Master's degree in a relevant discipline - finance, accounting is a plus Certification in systems audit (e.g. CISA) considered a plus

Experience:

Minimum of one year of relevant work experience Experience with a financial institution or a software firm is a plus Preferrable: experience working with financial systems, AI, and/or blockchain technology

Language:

Advanced fluency in English Ability to clearly communicate in both written and spoken forms and to conduct meetings and delivery training. Fluency in another language, including Arabic, French, Russian, Portuguese, or Spanish, is considered a plus.

Knowledge and Skills:

Knowledge and application of the Bank's Operational Policies and Procedures and how they relate to disbursements and loan portfolio management. Ability to exercise professional judgment and appropriately interpret and apply operational policies, as they relate to disbursements and loan portfolio management. Willingness to travel on mission and short-term assignments Strong quantitative skills with superior attention to detail and numerical accuracy. Ability to manage complex tasks, deal with rapidly shifting priorities, provide professional support to senior staff and deliver against ambitious deadlines. Demonstrates good understanding of risks and internal control procedures pertaining to various activities in own functional areas. Strong client focus including good interpersonal, diplomatic and team building skills required for building and maintaining collaborative relationships. Relevant technical knowledge of outlook, Microsoft office suit, with familiarity using and AI and blockchain technology a plus.

Abilities:

Ability and willingness to work with and leverage AI, blockchain, and other innovative technologies. Strong communication skills, including the ability to explain and express views/opinions clearly and confidently Ability to deal sensitively in a multi-cultural environment and build effective working relations with clients and colleagues Willingness to work in different time zones - Given that the division is co-located in multiple cities in different time zones and borrowers are in different countries, candidates must be willing to work in different time zones especially the US EST time zone on an 'as-needed' basis.

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

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.

Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their third-year ET appointment are not eligible for future ET appointments.