Associate Risk Officer - GF - international finance corporation

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. 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.  

IFC's Market and Liquidity Risk Unit (CRMMR), which sits within the Financial Risk Management area of the Corporate Risk Management (CRM) department, is responsible for measuring, managing, and monitoring market and liquidity risks across IFC's balance sheet. The unit also participates in the risk analysis on Treasury economic capital, asset liability management, and external reporting to rating agencies. The unit is conducting a search for an Associate Risk Officer to join a small dynamic team in support of deepening the analysis of market and liquidity risks.

Role & Responsibilities

The successful candidate will: 

•  Perform the ongoing regular operations for economic capital, market risk, liquidity risk, stress testing, and asset liability management.

•  Help with improvements in automation and efficiency of recurring analysis and reporting.

•  Monitor IFC's balance sheet market risk exposures (interest rate, FX risk, etc.) and external market trends.

•  Identify market and liquidity risk concerns and how to communicate those concerns to IFC management.

•  Engage with stakeholders in Treasury and Portfolio Management departments and build cross-departmental relationships.

•  Contribute to the monthly, quarterly, and annual management and external reporting on the risks in IFC's Treasury portfolio.

•  Participate in the design and testing of the market and liquidity risk requirements for the new Treasury analytics platform.

Selection Criteria

•  Master's degree in Finance, Business or related field or equivalent and a certification in Finance or Risk Management (CFA, FRM, or PRM) is preferred.

•  At least 5 years of experience related to financial, investment, and risk analysis.  

•  High analytical ability as demonstrated by work in relevant areas and/or academic qualifications.

•  Strong knowledge of fixed income and derivatives products including swaps, swaptions, sovereign bonds, and securitized products (ABS and RMBS).

•  Strong background in statistical data analysis and other quantitative techniques; ability to implement AI solutions and knowledge of statistical high-level data analysis languages such as Matlab or R would be a plus.

•  Strong experience with databases with ability to extract, clean and analyze data using SQL queries and Python; data visualization skills and experience with dashboarding tools (Tableau, Power BI) are also a plus.

•  Good knowledge of market risk measurement analytic measures including DV01, value at risk, stress testing, scenario analysis, and option-adjusted risk analysis.

•  Good knowledge of the Basel economic capital framework, including the FRTB charges and the Interest Rate Risk of the Banking Book (IRRBB) stress tests.

•  Good knowledge of approaches to funding and liquidity risk management such as the Basel Liquidity Ratio and the Rating Agency Liquidity Frameworks.

•  Experience with Treasury analytic and risk systems, such as Murex, Summit, and/or Bloomberg MARS will be a plus.

•  Good team player with ability to collaborate with colleagues within and across the department

•  Good written and oral communication skills.

•  Previous buy-side or sell-side trading experience in fixed income or derivatives is preferred.

•  Previous work experience in a large financial organization is a plus.

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.

How cinfo Can Support You in the Application Process for This Position

• Application and Interview Preparation: Whether you're preparing your application documents or getting ready for an interview, you can book a Job Application Support session to receive tailored guidance.
• For Swiss nationals invited to the first round of the selection process (e.g., written test, interview, assessment center): Notify us at recruitment@cinfo.ch, and we will inform our HR partners in the respective organization and the Swiss Government to help increase your visibility.

Sector: Nonprofit/Community/Social Services/International Cooperation

Role: Other

Working hours (%): 80-100% / 100%

Job type: Staff (Permanent and Fixed Term)