Mrs Clinton, the former First Lady, Senator for New York and rival to Mr Obama in the 2008 Democratic primary race, is said to be eager to become the first female president of the World Bank should the post become vacant next year.
"Hillary Clinton wants the job," a source close to Mrs Clinton told Reuters, which broke the news of the possible move.
Robert Zoellick, a former Bush administration official, is believed to be ready to step down as president at the end of his term in the middle of next year.
Mrs Clinton has made clear she does not want to remain US Secretary of State, a gruelling job demanding months of world travel each year, beyond Mr Obama's first term.
Another source told Reuters that Mr Obama supported her taking the helm at the World Bank, which is traditionally led by an American.
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