Associate Risk Officer

Job #:
req38520

Organization:
IFC

Sector:
Risk

Grade:
GF

Term Duration:
Open-Ended Staff (OPEN-OP)

Recruitment Type:
International Recruitment

Location:
Washington, DC,United States

Required Language(s):

Preferred Language(s):

Closing Date:
10/14/2026 (MM/DD/YYYY) at 11:59pm UTC

Description

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.

As the World Bank Group continues to evolve, we value candidates who:

• 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.