The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 130 offices worldwide, we work 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 WBG Chief Risk Officer Vice Presidency (CROVP) is the core unit responsible for Group-wide institutional risk oversight, including establishment and monitoring adherence to risk policies and guidelines and risk assessment and reporting to the Board and executive management. Its mission is to enable and support the WBG to achieve its goals in a financially sustainable manner. The VPU assists management with identifying and managing Group-wide cross-cutting risks, enhancing risk response decisions, reducing financial and operational surprises and losses, seizing opportunities and improving deployment of capital. The WBG CRO Vice Presidency includes the IBRD/IDA, IFC, and MIGA risk teams and covers a wide range of financial and non-financial risks. In the context of One WBG Treasury, the newly unified WBG Market and Counterparty Risk Department (CROMC), housed within the WBG Chief Risk Officer (WBG CRO), provides independent second line of defense oversight, assessment, and management of treasury risk across all WBG and is a valued member of ALCO. This second line of defense function strengthens the Group’s financial risk governance by ensuring that market and counterparty risks are identified, measured, monitored, and managed consistently and effectively across all WBG entities, thereby, ensuring that risk-taking activities are consistent with the WBG’s risk appetite, capital adequacy framework, and long-term financial sustainability. The WBG Market & Counterparty Risk Department is responsible for risk oversight in the following key areas: Market Risk, Counterparty Credit Risk, Model Risk Governance, and Risk Technology and Data Infrastructure. By maintaining rigorous oversight and consistent methodologies, the Department provides assurance to senior management, the Board, and external stakeholders that the WBG’s market and counterparty risks are prudently managed and that financial strength and integrity continue to underpin the Group’s development mandate. CROMC seeks a highly motivated, well-organized Senior Program Assistant who will provide direct support to the Director of CROMC and ensure smooth operations of the Director’s office and the entire department through administrative and support services across various verticals of CROMC. The successful candidate must have excellent interpersonal and project management skills.
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Job Type
Full-time
Career Level
Senior