(Associate) Risk Officer

Job Type: Location Type: On-site

 

(Associate) Risk Officer

Job #:
req34107

Organization:
IFC

Sector:
Risk

Grade:
GF

Term Duration:
3 years 0 months

Recruitment Type:
International Recruitment

Location:
Washington, DC,United States

Required Language(s):
English

Preferred Language(s):

Closing Date:
9/21/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

This position is a part of the Japanese recruitment mission.

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.

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 Risk Strategy (CRMRS) team oversees the corporation’s economic capital framework, risk-adjusted performance measurement, stress testing, and climate risk. CRMRS is conducting a search for a motivated Risk Officer to join an international dynamic team based in Washington, DC.

Duties and Accountabilities
• Contribute to the review of IFC’s risk-adjusted profitability model (RAROC)and governance framework to ensure model adequacy to IFC’s evolving business model and alignment with best practices.
• Research and conduct a comparative analysis of approaches to account for operational costs in profitability metrics.
• Evaluate the applicability of RAROC or alternative measures of profitability for new instruments in IFC’s portfolio.
• Support the planning, execution, and monitoring of pricing and RAROC-related projects, ensuring they are delivered on time, within scope, and within budget.
• Lead implementation of changes in the RAROC model in coordination with model developers, business teams and IT.
• Identify opportunities to streamline workflows and improve collaboration across teams.
• Contribute to the development of policies, guidelines and procedures to ensure consistent use and application of IFC’s RAROC framework.
• Collaborate and socialize changes with relevant stakeholders.
• Draft high-quality written materials, including reports, presentations, and project documentation, to support decision-making and stakeholder engagement.

While the position’s main responsibilities will be initially in the areas of risk-adjusted profitability metrics, the candidate is also expected to work closely with other CRM teams on other risk-related assignments as required.

Selection Criteria
• A Master’s or higher degree in statistics, mathematics, or quantitative finance (or equivalent skills);
• At least 5 years of work experience in a quantitative role within a financial institution;
• Experience handling large economic and financial data sets (for example, using SQL, Python, Excel, or other statistical applications)
• Experience building or working with financial models and quantitative models, such as risk-adjusted profitability models, economic capital, credit risk, financial planning.
• Good written and oral communication skills, including the ability to document complex analyses and statistical results in straightforward terms;
• A strong work ethic and a solid team player to work in the international and multicultural work environment within CRMCA and across the IFC; organizational skills and the ability to multitask, meet tight deadlines, and work efficiently in multicultural teams;
• Strong interpersonal skills, attention to detail, and resourcefulness.

WBG Culture Attributes:

1. Sense of Urgency – Anticipating and quickly reacting to the needs of internal and external stakeholders.
2. Thoughtful Risk Taking – Taking informed and thoughtful risks and making courageous decisions to push boundaries for greater impact.
3. Empowerment and Accountability – 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 the World Bank and IFC, including our values and inspiring stories.