Associate Risk Officer

Overview

Join to provide risk oversight of IFC's Treasury Activities.

You have:

• Master's degree in Finance, Economics, Mathematics, Computer Science, or a related quantitative field.
• Minimum of 5 years of experience in financial risk management, preferably in a multinational or central banking environment.
• Fair understanding of counterparty credit risk, market risk, and Treasury operations.
• Proficiency in financial modeling and risk assessment techniques.
• Advanced Python programming skills, with a focus on data analysis and visualization libraries (e.g., Pandas, NumPy, Matplotlib, Seaborn, Plotly).
• Experience with financial regulations and risk management frameworks.
• Advanced analytical and problem-solving skills.
• Excellent communication skills, both written and verbal, in English.

Contract

This is a World Bank Group grade: GF contract. More about World Bank Group grade: GF contracts.

Associate Risk Officer

Description

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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, visit www.ifc.org.

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 Credit Risk Team (CRMCC) is responsible for providing risk oversight of IFC’s Treasury Activities. This includes, but is not limited to, measuring, managing, and monitoring market and credit risks in IFC’s portfolio.

CRMCC is seeking a highly skilled Associate Risk Officer to join our international, dynamic Counterparty Credit Risk Team within the Corporate-wide risk oversight unit. This role will focus on providing risk oversight of IFC's Treasury Activities, including measuring, managing, and monitoring market and credit risks in IFC's portfolio with a strong emphasis on leveraging Python for data analysis and visualization, contributing to Murex implementation and developing a credit ranking criteria for central banks.

Duties and Responsibilities:

• Contribute to the development and implementation of risk management frameworks for Treasury operations.

• Conduct regular and ad-hoc monitoring of financial counterparties across various markets.

• Perform credit analysis and risk assessments for banks, sovereigns, and government-linked entities.

• Assist in calibrating and optimizing ISDA agreement parameters.

• Contribute to the development of credit risk early warning systems using advanced analytics and machine learning techniques.

• Utilize Python for data analysis, visualization, and process improvement in risk management workflows.

• Play a key role in Murex implementation and design, focusing on risk management functionalities.

• Develop and refine ranking criteria for central banks, incorporating various risk factors and economic indicators

• Create advanced data visualizations and interactive dashboards to communicate risk insights effectively.

• Automate and optimize data processing and reporting workflows using Python and related libraries.

Selection Criteria

• Master's degree in Finance, Economics, Mathematics, Computer Science, or a related quantitative field.

• Minimum of 5 years of experience in financial risk management, preferably in a multinational or central banking environment.

• Fair understanding of counterparty credit risk, market risk, and Treasury operations.

• Proficiency in financial modeling and risk assessment techniques.

• Advanced Python programming skills, with a focus on data analysis and visualization libraries (e.g., Pandas, NumPy, Matplotlib, Seaborn, Plotly).

• Experience with financial regulations and risk management frameworks.

• Advanced analytical and problem-solving skills.

• Excellent communication skills, both written and verbal, in English.

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.

Apply now

Potential interview questions

Added 1 year ago - Updated 1 year ago - Source: worldbank.org