Risk Officer - Gems Analytics Support and Financial and Risk Projections

World Bank Group • Washington, DC

3d

About The Position

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY25, our total exposure in developing countries rose beyond $70 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org.

The Corporate Risk Management Department (CRM), under the Risk Vice-Presidency, provides corporate-wide portfolio and risk oversight of IFC's financial risks and risk models. Within CRM, the Financial Sustainability team (CRMFS) manages the corporation’s financial forecasting model, provides inputs and interacts with external rating agencies, contributes to IFC’s provisioning process, and is responsible for IFC’s analytics and data contribution to the GEMs consortium.

CRMFS utilizes a variety of integrated risk models, combining inputs from various sources to conduct robust and accurate analyses, develop, implement and run risk-based forecasts, and provide comprehensive reporting to various external stakeholders.

CRMFS is conducting a search for a motivated Risk Officer to join a dynamic team to enhance the analytical capabilities, models, and reports of the forecasting team and contributing to all aspects of the team’s responsibilities.

Requirements

• An advanced degree (such as MSc/MBA or PhD) in finance, mathematics, economics, or accounting (or equivalent);
• 8+ years of work experience in risk management, including hands-on experience working with risk data architectures, quantitative projection models, and the execution of analytical studies.
• In depth experience navigating IFC’s data architecture and associated business logic; ability to define, extract, and analyze large and complex data sets.
• Proven ability to collaborate across business and IT to define, test and deploy working solutions.
• Experience in organizing, guiding and developing more junior staff.
• Organizational skills to deliver on complex topics, with tight deadlines.
• Excellent written and oral communication skills, including the ability to present technical issues in simple and straightforward terms.

Nice To Haves

• Expertise in any or all the following topics is considered a plus: rating agency methodologies, financial forecasting, capital adequacy, rating models, risk parameters, loss provisioning, and financial accounting.

Responsibilities

• Prepare and carry out IFC’s annual GEMs data submission, contributing to GEMs working groups and working closely with IFC IT to implement any additional data requirements.
• Maintain the high quality of reporting by driving the refinement of CRM’s risk and forecasting models, the integration of new products or portfolio trends (such as the IFC’s structured finance or equity portfolio), and by extending current capabilities to anticipate future reporting needs.
• Conduct IFC’s quarterly forecast process, driving the preparation, analysis, review, and reporting of results.
• Collaborate with IFC’s accounting teams on methods and assumptions for the quantification of loss provisions under CECL.
• Guide, support, and develop the capacity of junior members in the CRMFS team.
• Maintain relationships with other departments to facilitate the identification, collection, and validation of the data required for CRMFS’ models and initiatives.
• While the focus of the position will be on CRMFS tasks, the candidate may work closely with other teams within CRM on associated, risk-related assignments as required.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level