World Bank Group

World Bank Group

WBG Director, Pension Department

Washington, DC, US · Director

Sponsorship not specifiedDetected 3 days ago
Data AnalysisResearchLeadershipCommunicationCollaborationMentoringInternal AuditActuarial Science

About the role

  • For more information, visit www.worldbank.org The Pension Department (PEN) is responsible for the management of the post-retirement benefit Plans of the World Bank Group.
  • PEN fulfills its fiduciary mandate under a strong governance framework established by the World Bank Group, under the oversight of the Pension Finance Committee, chaired by the Managing Director Chief Financial Officer (MDCFO).
  • Its activities encompass the key functions related to the management of the Pension Plans and are organized into three teams: Pension Investments (PENIN); Pension Middle-Office (PENMO); and Pension Administration (PENAD).

Responsibilities

  • As one of the largest sources of funding and knowledge for developing countries, we help solve the world's greatest development challenges.
  • We work with public and private sector partners, invest in groundbreaking projects, and use data, research, and technology to bring tangible and transformative change around the globe.
  • PEN manages over $45 billion in assets as of end 2025 and serves over 31,000 Plan participants and beneficiaries.

Benefits

  • The World Bank Group is a unique global partnership of five institutions driven by a bold vision to create a world free of poverty on a livable planet.
  • Pension Investments (PENIN); Pension Middle-Office (PENMO); and Pension Administration (PENAD).
  • In addition, PEN has a front office team comprising the Chief Actuary for Pension, the Risk Management Team, and administrative and analytical support to the PEN Director.
  • PEN is a department of approximately 90 professional staff who are experts in key aspects of managing a pension plan.
  • The Director will be accountable for the overall management of the pension functions, including investment, reporting and risk oversight, and administration.

Company info

  • When you join the World Bank Group, you become part of a dynamic, diverse organization with 189 member countries and 182 offices worldwide.
  • PEN is part of the WBG Treasury Vice-Presidency.

This listing is sourced directly from World Bank Group's careers page and normalized into a canonical job model.