Associate Risk Officer Job #: req34676 Organization: IFC Sector: Risk Grade: GF Term Duration:ย 3 years 0 months Recruitment Type: International Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Closing Date: 11/6/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
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.ย 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.ย The Corporate & Portfolio Risk Management Department (CRM), under the Corporate Risk & Sustainability Vice-Presidency, provides corporate-wide risk oversight of IFC's debt, equity, and treasury portfolios and manages IFC's overall capital position and financial sustainability. Within CRM, the Counterparty and Credit Risk Team (CRMCC) is responsible for providing risk oversight of IFCโs Treasury Activities. This includes measuring, managing, and monitoring the market, credit, and liquidity risks in IFCโs portfolio.ย ย
CRMCC is seeking a highly motivated and qualified candidate to join its dynamic and diverse international team, contributing to the teamโs mission of supporting IFCโs operations and strategic objectives.
Duties and Accountabilities
The responsibilities of the candidate may include, but are not limited to, the following:
โข ย Conduct detailed fundamental credit and structural analysis, stress testing and eligibility assessment of securitized products (ABS, RMBS) and covered bonds.โข ย Perform fundamental credit analysis of securitized product originators, sponsors, servicers, and other transaction counterparties.โข ย Monitor market trends and collateral performance of securitized products to proactively identify, measure, and evaluate emerging risks, and recommend appropriate mitigation strategies.โข ย Prepare risk surveillance reports for securitized products, including periodic collateral and sector reviews, as well as cash flow analyses.โข ย Present securitized product risk analysis and provide recommendations for risk mitigation actions to relevant stakeholders, including direct and senior management.โข ย Review and enhance CRMCCโs risk policies, investment guidelines, systems, and databases to ensure alignment with best practices and evolving market conditions, and support internal governance processes.โข ย Create and implement comprehensive policy frameworks for risk management, financial operations, and data governance.โข ย Identify and implement efficiencies in the team's daily work processes.โข ย Support ISDA/CSA negotiations with IFC derivative counterparties.โข ย Participate in high-priority ad-hoc projects to support CRMCCโs strategic objectives.โข ย Build and maintain relationships with different stakeholders. Mentor and develop junior staff.
Selection Criteria
โข ย Masterโs degree in finance, Economics, Statistics, Mathematics, or a related quantitative discipline, with a strong technical background.โข ย Minimum of 5 years of professional experience in risk management, financial stability analysis, investments, or related fields within financial institutions, regulatory authorities, rating agencies, consulting firms, or international organizations.โข ย At least 3 years of hands-on experience in one or more of the following areas:โข ย Analysis of securitized products (ABS, RMBS, covered bonds)โข ย Bank resolution and recovery planningโข ย Macroprudential policy and systemic risk assessmentโข ย Stress testing and scenario analysis for financial institutionsโข ย Valuation and risk modeling of structured finance transactionsโข ย Demonstrated expertise in credit risk analysis, financial stability, or structured finance, including familiarity with market regulations, collateral sectors, and risk mitigation strategies.โข ย Proficiency in using analytical and risk management tools such as Intex, Bloomberg, Python, R, SQL, VBA, Stata, Matlab, Tableau, or similar platforms for quantitative analysis and financial modeling.โข ย Experience in valuation, capital adequacy, default modeling, or stress testing within financial institutions or regulatory bodies is highly desirable.โข ย Advanced proficiency in Microsoft 365 is required. Experience with process automation, data visualization, and database management is advantageous.โข ย Strong analytical and problem-solving skills, with a track record of producing policy-relevant analysis, risk reports, or technical briefings for senior stakeholders.โข ย Excellent written and verbal communication skills with the ability to present complex technical issues in a clear and concise manner to diverse audiences.โข ย Ability to manage multiple tasks, meet tight deadlines, and work effectively in multicultural and cross-functional teams.โข ย Strong interpersonal skills, attention to detail, and resourcefulness.โข ย Experience in mentoring, stakeholder engagement, or cross-functional collaboration is a plus.
WBG Culture Attributes:
1. Sense of Urgency โ Anticipating and quickly reacting to the needs of internal and external stakeholders.
2. Thoughtful Risk Taking โ Taking informed and thoughtful risks and making courageous decisions to push boundaries for greater impact.
3. Empowerment and Accountability โ Engaging with others in an empowered and accountable manner for impactful results.
World Bank Group Core Competencies
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.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at theย World Bankย andย IFC, including our values and inspiring stories.