Financial Operations Specialist

1 week ago


Beijing, Beijing, China The Economist Full time

Job Summary:

The Finance Analyst/Associate will work closely with the Loan Administration Unit to support the Bank's back office operations on financial products. This role is ideal for professionals with expertise in multilateral development bank (MDB) back office support for sovereign operations or those with experience in commercial banking or non-sovereign operations.

Key Responsibilities:

  • Collaborate with project teams to ensure comprehensive consideration of critical fiduciary aspects during project preparation.
  • Set up new deals in financing management systems after signing and process relevant transactions in a timely and accurate manner throughout project implementation.
  • Assist in reviewing and instructing disbursements in accordance with projects' legal agreements and the Bank's disbursement policies and procedures.
  • Work collaboratively with related departments to maintain accurate project profiles and take timely and appropriate actions.
  • Assist in the development, enhancement, and implementation of financing management systems.
  • Assist in reviewing and monitoring relevant transactions, ensuring timely and accurate recording of accounting entries in the financing management system.
  • Assist in reviewing and processing billing statements and loan repayments in line with the Bank's debt servicing policies and procedures.
  • Reconcile with relevant parties regarding guarantee exposure.

Requirements:

  • Minimum 2-5 years of relevant work experience in the field of non-sovereign operations in back office gained from prior positions with financial institutions.
  • Robust knowledge of various financing products (loans, equity investments, guarantees and other financing products) administration over the full life cycle of projects.
  • Self-motivated and able to build internal and external relationships to ensure seamless processes.
  • Proven ability to work efficiently within teams and effectively communicate for results.
  • Proven ability to manage multiple projects with competing deadlines.
  • Excellent oral and written communication skills in English.
  • Bachelor's degree in finance, accounting or related fields (Essential)


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