JOB 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.

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 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.

Duties and Accountabilities:

• Contribute 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.

• Calculation and reporting of IFC capital utilization ratio and three year cash needs

• Contribute to project or research efforts directly (or tangentially) related to the Financial Forecasting.

• Ensure, together with your colleagues, that implementation and model design is consistent with model-risk management practice.

• A solid appreciation of new tools and techniques; careful data collection, continuous analysis, and comprehensive reporting represent an integral part of the responsibilities.

• Collaborate with various departments on different corporate initiatives

• Work consistently towards increasing personal technical knowledge and capacity.

• Excellent understanding and practical hands-on experience with mathematical modelling with preferably applications in Finance.

• Fundamental understanding and experience with 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 with (one or more of) the following interpreted languages: MATLAB, R, Octave, Python, Maple, Mathematica, S-Plus, SQL, etc. Exposure and experience with professional programming languages (i.e., C, C++, C#, or Java) is a plus.

• Demonstrated ability to clearly communicate complicated ideas in both spoken and written form. A history of technical publication—via journal, working, or discussion papers—is a strong plus.

• Practical problem-solving skills, creative-thinking, team player, and self-motivator.

• A focus on quality and execution along with a proven ability to perform multiple tasks and to handle pressure and meet strict deadlines.

• Advanced degree (MSc., or equivalent) in finance, physics, operations research, statistics, mathematics, computer science, engineering, or related areas with a strong technical and quantitative background.

• Complete fluency with data-base management, computer programming, and system-related project-management concepts.

• Good understanding of the drivers of assets returns.

• Good understanding of accounting principles.

• Excellent written and oral communication skills including the ability to present complex and technical issues in simple terms.

• A willingness to contribute across the entire model-life cycle analysis, implementation, and problem-solving up to stakeholder reporting and communication of results.

• Minimum of 4 years’ working experience in either financial modelling or risk management.

• Minimum of 4 years’ working experience in a technical discipline with elements of system development, construction, and maintenance.

Information Note: Short-listed candidates may be required to perform an exercise or prepare a deliverable for the panel interview.

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

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

Level of Education: Bachelor Degree

Work Hours: 8

Experience in Months: No requirements

Organization: World Bank Group