Associate Risk Officer
_x005F_x000D_
_x005F_x000D_
| _x005F_x000D_ Job #: |
_x005F_x000D_ req38520 |
| _x005F_x000D_ Organization: |
_x005F_x000D_ IFC |
| _x005F_x000D_ Sector: |
_x005F_x000D_ Risk |
| _x005F_x000D_ Grade: |
_x005F_x000D_ GF |
| Term Duration: | Open-Ended Staff (OPEN-OP) |
| _x005F_x000D_ Recruitment Type: |
_x005F_x000D_ International Recruitment |
| _x005F_x000D_ Location: |
_x005F_x000D_ Washington, DC,United States |
| _x005F_x000D_ Required Language(s): |
_x005F_x000D_ |
| _x005F_x000D_ Preferred Language(s): |
_x005F_x000D_ |
| _x005F_x000D_ Closing Date: |
_x005F_x000D_ 10/14/2026 (MM/DD/YYYY) at 11:59pm UTC |
Description
At the International Finance Corporation (IFC), a member of the World Bank Group (WBG), you’ll join a diverse, global community working across cultures, disciplines, and borders to address the world’s most pressing development challenges. With 1.2 billion young people reaching working age in the decade ahead, the challenge of job creation has never been greater. Through partnerships across 145 countries and more than 182 offices worldwide, we work with governments, private sector, development partners and other stakeholders to invest in people, strengthen markets, and deliver scalable, data-driven solutions that generate more and better jobs and improve lives. In fiscal year 2026, IFC committed a record $105.6 billion to private companies and financial institutions in developing countries. For more information, visit www.ifc.org.
The Corporate Risk Management Department (CRM), under the Corporate Risk & Financial Sustainability 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 Models, Data and Analytics unit (CRMMD) supports the mathematical methodologies, model implementation, diagnostic analytics, and associated reporting used by CRM to measure IFC’s financial-related risks for the fulfillment of its mandate with a particular focus upon the capital and stress-testing functions.
CRMMD is conducting a search for a 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 economic-capital and stress-testing models to support IFC’s corporate risk function.
• Support CRMMD’s daily collection, processing, integrity assurance, analysis, and visualization of IFC granular corporate data essential to support of our modelling activities.
• Contribute to project or research efforts directly (or tangentially) related CRMMD’s mandate.
• Endeavour, together with your colleagues, to be consistent, transparent, and rigorous in your work.
• A solid appreciation that mathematical modelling is only part of the job; less glamorous things like careful data collection, system trouble-shooting, and comprehensive reporting also represent an integral part of a modeller’s responsibilities.
• Willingness to learn, curious, and committed towards expanding your base knowledge in both technical and policy dimensions.
Selection Criteria
• Excellent understanding and practical hands-on experience with mathematical modelling for the purposes of measuring and monitoring portfolio risks.
• Fundamental understanding and experience with the conceptual functioning of banking institutions and their strategic challenges.
• Sound knowledge and understanding of financial markets, financial-instrument features, and the central notions of corporate finance.
• Advanced programming skills with (extensive) 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 and defend 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 (PhD, MSc., or equivalent) in finance, physics, operations research, statistics, mathematics, computer science, or engineering with a strong technical and quantitative background.
• Fluency with data-base management, computer programming, and system-related project-management concepts.
• Experience with visualization tools (i.e., PowerBI, Python’s Dash) and concepts.
• 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 from fundamental research, implementation, analysis, and problem-solving up to culmination with stakeholder reporting and communication of results.
• Minimum of 4 years’ to 8 years working experience in either financial modelling or risk management.
• Minimum of 4 years’ to 8 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.
Note: This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.
_x005F_x000D_
As the World Bank Group continues to evolve, we value candidates who:
_x005F_x000D_
- _x005F_x000D_
- Demonstrate the ability to collaborate effectively across teams, disciplines, cultures, and institutional boundaries.
- Responsibly leverage digital and AI-enabled tools to enhance productivity, learning, and decision-making.
- Bring experience working in fragile, conflict-affected, and violent (FCV) contexts and are encouraged to highlight relevant experience in their application materials, where applicable.
_x005F_x000D_
_x005F_x000D_
_x005F_x000D_
_x005F_x000D_
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.