Treasury Strategic Planning and Middle Office

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 111 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled, and promotes regional connectivity.

AIIB's Office of the Treasurer (TRE) is continuously growing its business and exploring ways to optimize internal processes of valuing financial instruments. Many of the instruments are not traded on active public markets, requiring the use of sophisticated models and methodologies to determine their fair value (IFRS 13 / ASC 820). This project aims to build a robust, transparent, and auditable valuation framework for a specific segment of our portfolio (e.g., private debt investments, structured products, etc).  

The intern will be immersed in the practical application of financial theory, working directly with senior members of the finance or treasury team to develop, calibrate, and document valuation models, as well as support BAU valuation related work.  

The intern may also be required to review the projection model to ensure it fits the purpose.  

Responsibilities:

The main objective/output of the internship is to ideate, develop and operationalize the solutions for the team. Specific outputs include the following: 

• The project will include participation in the development of a scalable software framework suitable for daily valuations of the treasury derivatives. The specific valuation process will be determined per the team's progress on its automation initiatives, but the interns are expected to add value through development of the solution itself and knowledge sharing of solutions familiar to them.  
• Internal data mapping, project documentation and operating manual.
• The interns, throughout the program, can independently evaluate and ideate projects that can be beneficial to the team or the department.
• At the end of the internship, there will be a presentation of the projects that were done (may it be completed, in-progress or proposed). 

Requirements:

• Currently enrolled in a Masters or PhD program in a quantitative field, preferably Mathematics, Physics, Computer science or Financial Engineering.
• Solid knowledge in derivatives, fixed income securities and structured products.  
• Experience with treasury products and processes required to trade and risk manage them is a plus.
• Working knowledge of Python, or any other programming language or automation tools.
• Financial modelling knowledge is preferred, i.e. option pricing model.
• Shows initiative, brings fresh ideas to problem-solving, and applies a design-oriented approach when shaping solution
• Passion for international development/area of interests.
• Excellent communication skills.
• Great team player.
• Fluent in oral and written English.

AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences, and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.

Join in AIIB's mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.