E T Consultant

E T Consultant Job #: req34739 Organization: World Bank Sector: Economics Grade: EC1 Term Duration: 1 year 0 months Recruitment Type: Local Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Closing Date: 11/14/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

Do you want to build a career that is truly worthwhile? 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 and promoting shared prosperity. With 189 member countries and more than 120 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.  For more information, visit www.worldbank.org.|

The Chief Risk Officer (CRO) Vice Presidency of the World Bank is the core unit responsible for 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 institution 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 CRO Vice Presidency comprises four Departments:  1) Credit Risk (CROCR); 2) Market & Counterparty Risk (CROMC), 3) Operational Risk (CROOR), and 4) Environmental and Social Risk (CROES).

The Credit Risk Department (CROCR) ensures that the Bank's credit risk exposure is commensurate with the risk appetite of stakeholders and strikes the appropriate balance between financial and development objectives.  CROCR manages the credit risk inherent in IBRD's loan portfolio. CROCR's core functions include, among others (i)  Assessing and rating sovereign credit risk for all IBRD and IDA borrowers; (ii) Assessing and rating sovereign credit risk for IFC and MIGA; (iii) Assessing and scoring economic/country risks to the private and financial sectors for IFC; (iv) Assessing country eligibility for IBRD resources; (v)  Influencing IBRD’s lending strategy and assessing lending plans against lending allocations as established through the exposure management framework: (vi)  Anticipating countries that are vulnerable to crises; (vii) Participating in arrears workouts for IBRD borrowing countries; (viii) Engaging with the Paris Club of bilateral creditors; (ix) Ensuring IBRD is adequately provisioned for loan losses; and (x) Assessing/Monitoring the size of credit shocks (unexpected losses) as part of IBRD’s capital adequacy framework.

Responsibilities:

The ETC position is a Research Assistant (RA) position within the Sovereign Risk Unit in CROCR. As RA, the successful candidate will:

• Help to manage the department's data resources (updating country datasets, updating the ESG Scorecard, updating the data used in CROCR quant models, etc.)
• Help to modernize existing data tools and datasets, building new data tools including improved AI tools).
• Support Risk Analysts in their country risk assessments to help ensure data accuracy and consistency, organizing country reports, helping with charts, data queries and power points for risk assessment presentations and briefs.
• Prepare synthesis of news and/or relevant financial market developments
• Provide research support including scenario analysis and stress testing modeling.
• Country Risk analysis: there will be opportunities to contribute to country risk assessments for select countries.

Selection Criteria

- Bachelor’s degree in economics. 
- At least 2 years of experience in applied research at a recognized university, research center, or multilateral organization.
- Advanced skills in quantitative analysis, including Excel and statistical software (e.g., STATA, R, SPSS).  The candidate must have direct experience in processing and analyzing large databases. 
- Outstanding intellectual rigor and attention to details and an ability to manage multiple priorities under time pressure.
- Technology savviness and ability of using AI to develop tools in support of CROCR work. 
- Demonstrated track record of delivering quality output under tight timelines
- Excellent writing, verbal, and visual communication skills (mastery of PowerPoint and Word).
- Initiative and the ability and desire to work in multi-cultural environments.
- Proficiency in dealing with credit risk concepts is a plus.

WBG Culture Attributes:

1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.

World Bank Group Core Competencies

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 the World Bank and IFC, including our values and inspiring stories. 

Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their third-year ET appointment are not eligible for future ET appointments.