Associate Risk Officer - Financial Sustainability
World Bank - Washington, DC
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OverviewAssociate Risk Officer - Financial SustainabilityJob #: req34397 | Organization: IFC | Sector: Risk | Grade: GF | Term Duration: 3 years 0 months | Recruitment Type: International Recruitment | Location: Washington, DC, United States | Required Language(s): English | Closing Date: 10/2/2025 (MM/DD/YYYY) at 11:59pm UTCThe Corporate Risk Management Department (CRM), under the Corporate Risk & Finance Vice-Presidency, provides corporate-wide portfolio and risk oversight of IFC's debt, equity, and treasury portfolios, as well as managing IFC's overall capital position and financial sustainability. Within CRM, the Financial Sustainability team is responsible for overseeing the financial projections, developing financial forecasts and projections, and closely interacting with the other teams in the department and in IFC. CRMDR is conducting a search for an Associate Risk Officer to join an international dynamic team based in Washington, DC.ResponsibilitiesContribute to the development, implementation, maintenance, and application of forecasting tools to support strategic IFC decision making.Perform scenario analysis, and contribute to the enhancement of IFC’s financial performance forecasting toolkit.Contribute to reports to the Management team on IFC’s CUR, cash needs, quarterly forecasting updates and related periodic requests.Contribute and support IFC’s internal work on rating agencies modeling and data collection for IFC’s investments.Prepare ad-hoc quantitative analytics related to IFC’s investment portfolio.Calculate and report IFC capital utilization ratio and three-year cash needs.Contribute to project or research efforts directly (or tangentially) related to Financial Forecasting.Ensure, together with colleagues, that implementation and model design is consistent with model-risk management practice.Maintain a solid appreciation of new tools and techniques; ensure careful data collection, continuous analysis, and comprehensive reporting as part of responsibilities.Collaborate with various departments on different corporate initiatives.Work consistently towards increasing personal technical knowledge and capacity.Qualifications and Selection CriteriaExcellent understanding and practical hands-on experience with mathematical modelling with preferably applications in Finance.Fundamental understanding of the conceptual functioning of banking institutions and their strategic challenges.Knowledge and understanding of financial markets, financial-instrument features, and the central notions of corporate finance.Good programming skills with practical experience in one or more of the following: MATLAB, R, Octave, Python, Maple, Mathematica, S-Plus, SQL. Exposure to professional programming languages (C, C++, C#, Java) is a plus.Ability to clearly communicate complicated ideas in spoken and written form. A history of technical publication is a strong plus.Practical problem-solving skills, creativity, teamwork, and self-motivation.Focus on quality and execution with the ability to manage multiple tasks and meet deadlines.Advanced degree (MSc., or equivalent) in finance, physics, operations research, statistics, mathematics, computer science, engineering, or related areas with strong technical and quantitative background.Strong data-base management, programming, and system-related project-management concepts.Good understanding of the drivers of asset returns and accounting principles.Excellent written and oral communication skills including the ability to present complex issues in simple terms.Willingness to contribute across the entire model-life cycle analysis, implementation, and stakeholder reporting.Minimum of 4 years’ working experience in financial modelling or risk management.Minimum of 4 years’ working experience in a technical discipline with elements of system development, construction, and formation Note: Short-listed candidates may be required to perform an exercise or prepare a deliverable for the panel interview.Culture and CompetenciesSense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.World Bank Group Core CompetenciesThe 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 and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability, and we welcome applicants from diverse backgrounds.Learn more about working at the World Bank and IFC, including our values and inspiring stories. #J-18808-Ljbffr
Created: 2025-09-22