Risk Officer - Risk Intelligence

World Bank Group•Washington, DC

1d•Onsite

About The Position

Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. 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 Risk Intelligence team (CRMRI) 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. CRMRI is conducting a search for a motivated Risk Officer to join a dynamic team to enhance the team’s analytical capabilities, models, and reports and contribute to all aspects of the team’s responsibilities.

Requirements

An advanced degree (such as MSc/MBA or PhD) in finance, economics, or mathematics (or equivalent skills);
8+ years of work experience in risk management, including direct experience with developing and using risk models.
Skills to operate and guide junior staff in the usage of (one or more of) Python, R, Matlab, SQL, or other statistical tools; experience with other programming languages (e.g. VBA) is a plus.
Organizational skills to deliver on complex topics, with tight deadlines.
A strong work ethic and a solid team player to work in the international and multicultural work environment within CRMRS and across the IFC.
Excellent written and oral communication skills, including the ability to present technical issues in simple and straightforward terms.

Nice To Haves

Understanding challenges and risk management frameworks in private lending operations is considered a plus, such as measuring risk-adjusted returns.
Expertise in any of the following areas is considered a plus: mobilization products, loss provisioning under CECL, credit risk, rating systems and associated risk parameters, financial risk, as applicable to IFC’s mission portfolio (e.g., in equity), understanding and quantitative modeling of complex mission products, such as fair-value loans or securitization structures, experience in capitalization of non-standard risks.

Responsibilities

Organize and lead projects to develop models and economic capital treatment for new products and platforms for the mission portfolio and mobilization initiatives.
Design and implement improvements to CRMRI’s forecasting and associated models to align with IFC’s strategic targets, new products, portfolio trends, and mobilization initiatives.
Contribute to the review and ongoing enhancement of risk analytics, with particular focus on the estimation, allocation and projection of Economic Capital for IFC’s mission portfolio, the impacts of individual and portfolio-wide Stress Testing, as well as the impact of mobilization.
Contribute to IFC’s corporate, geographic, and sector-specific stress tests
Contribute to the rest of the team’s deliverables as needed.
Maintain relationships with other departments to facilitate the data collection for CRMRI’s models and initiatives as well as to develop effective tools for risk-adjusted decision making.
Guide, support, and develop the capacity of junior team members.
While the focus of the position will be on Risk analytics, Projections, Mobilization risk metrics, economic capital and stress testing, the candidate is also expected to work closely with other teams within CRM on other risk-related assignments as required.