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Form of workIT Officer, Business Analysis I
Job #:req25667Organization:World BankSector:Information TechnologyGrade:GFTerm Duration: 4 years 0 monthsRecruitment Type:Local RecruitmentLocation:Washington, DC,United StatesRequired Language(s):EnglishPreferred Language(s):Closing Date:1/24/2024 (MM/DD/YYYY) at 11:59pm UTC
Description
Do you want to build a career that is trulyworthwhile? Working at the World Bank Group provides a unique opportunity foryou to help our clients solve their greatest development challenges. The WorldBank Group is one of the largest sources of funding and knowledge fordeveloping countries; a unique global partnership of five institutionsdedicated to ending extreme poverty, increasing shared prosperity, andpromoting sustainable development. With 189 member countries and more than 120offices worldwide, we work with public and private sector partners, investingin groundbreaking projects and using data, research, and technology to developsolutions to the most urgent global challenges. For more information, visitwww.worldbank.org
ITS Vice Presidency Context
Information and Technology Solutions (ITS)enables the WBG to achieve its mission of ending extreme poverty and promoteshared prosperity in a sustainable way by delivering transformative informationand technologies to its staff working in over 150 locations.
Our vision is to transform how the Bank Groupaccomplishes its mission through information and technology. In thisfast-paced, ever-changing world, the formulation and implementation of the ITSstrategy is an ongoing, iterative process of learning and adaptation developedthrough extensive consultations with business partners throughout the WorldBank Group.
ITS shapes its strategy in response to changingbusiness priorities and leverages new technologies to achieve three high-levelbusiness outcomes: business enablement, by providing BankGroup units with innovative digital tools and technologies to transform howthey deliver value for their clients; empowerment & effectiveness, byensuring that all Bank Group staff are connected, able to find information, andproductive to accelerate the delivery of development solutions globally;and resilience, by equipping the Bank Group to providerisk-based cybersecurity and robust data protection for a global network and agrowing cloud platform.
Implementation of the strategy is guided bythree core principles. The first is to deliver solutions for business partnersthat are customer-centric, innovative, and transformative. The second is toprovide the Bank Group with value for money with selective and standardtechnologies. The third principle is to excel at the basics by providing a highperforming, robust, and resilient IT environment for the organization.
ITSRA Context
The Risk Application Portfoliosupports various business units within IFC. It maintains and develops IT solutions for its clients. The ITSRA (RiskAnalytics) department at IFC provides core IT infrastructure and businessapplication services to the IFC headquarters in Washington, D.C. and itscountry offices. Our IT strategy is designed to align IT initiatives with theWBG business strategy and with the overarching objective of ensuring that usershave uniform and easy access to information and systems, both from Washingtonand country offices. This position is for a Techno Functional Analyst with agood understanding of Credit Risk, Market Risk and Counterparty Risk.
The candidate will be expected to:
Ensure ITSRA projects scope are well-definedbefore he or she can begin detailed requirements capture and documentation.
After scoping the project, gather thedetailed requirements that address the business needs and define the projectthrough users' interviews, Joint Application Development (JAD) sessions andworkshops to assemble accurate requirements.
Follow ITS standard documentation templatesand format for creating requirements document(s).
Use the proper format and level of detail forcommunicating requirements with the information technology team and withbusiness area experts. (Both groups must be able to read and review thedocument and clearly understand the requirements.)
As the requirements documentation is beingcreated the Techno Functional Analyst will conduct informal and formalrequirements reviews to enhance the quality of requirements documents byidentifying missing or unclear requirements. The Techno Functional Analyst willpresent business requirements to the business and technical audiences in aclear and consistent manner, using summaries of the requirements and graphicalrepresentations for review.
When the solution is developed into software,the Techno Functional Analyst will participate in assessment of the applicationto determine how well it meets the business requirements and projectobjectives. He or she will design test cases and participate in softwaretesting and quality review, working closely with the Quality Assurance groupand end-users during unit testing, integration testing, and user acceptance testing.
The Techno Functional Analyst will work withbusiness users and client relations officer to provide recommendations forsoftware changes to existing systems, new software, procedural and workflowchanges, and work with the technical team to provide design when it isapproved.
As a multinational, multicultural institution,success at WBG requires the ability tonegotiate and facilitate trade-offs and build consensus and commitment to arecommended direction among multiple stakeholders, with broadly divergentframes of reference. The candidate must also embrace and foster respect forall, including diversity in age, gender and national origin.
In addition, the successful candidate mustpossess the highest personal and professional integrity, as demonstratedthrough strong personal values, as well as consistent words and actions. He orshe must build and sustain strong collegial working relationships with otherunits of the IFC and the World Bank Group, andbe comfortable approaching others assertively, responsibly and supportively.
Specific Responsibilities include:
Function as the primary liaison between ITSRAand its business counterparts
Daily, engage with the Application SupportTeam (AST) for ITSRA, ensuring that the on-site and offshore personnel areconstantly updated on business requirements and technical solutions
Develop and maintain a thorough understandingof ITSRA business/Technical area and applicationsystems, including Investment Credit Risk Platform (IRP), Credit Watchlist(CWL), Loan Pricing Model (LPM), Collateral Management System (CMS), EquityPortfolio Management System - Valuation Module (EPMS VM), Capital Pricing(CAPRI), Economic Capital Engine (ECAP), Economic Capital Tool (EC Tool), Marketand Counter Party Risk System (MCRS), Numerix suite of applications and otherRisk applications.
Roles and Responsibilities
Clearly define the scope/solution of both Capital and AST related projects and initiatives
Capture, analyze and organize business requirements into a logical order.
Prioritize requirements based on business needs.
Identify and document all non-functional requirements.
Create business process maps and data flow diagrams.
Communicate business requirements to business area experts and technical/development staff.
Lead the identification and documentation of business metrics.
Determine systems of record with the assistance of appropriate source system experts
Help identify potential sources of data for the data repository.
Oversee testing of data acquisition processes and their implementation.
Help data modelers prepare models and review data models to ascertain that requirements are met.
Participate in application testing, including unit testing, integrated testing and functional testing.
Providing recommendations for business improvements, system enhancements and workflow changes.
Selection Criteria
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
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.
