(Senior) Risk Officer - Non-Financial Risk - req32088

(Senior) Risk Officer - Non-Financial Risk

Job #: req32088

Organization: IFC

Sector: Risk

Grade: GG

Term Duration: 3 years 0 months

Recruitment Type: International Recruitment

Location: Washington, DC,United States

Required Language(s): English

Preferred Language(s)

Closing Date: 3/14/2025 (MM/DD/YYYY) at 11:59pm UTC

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.

The Corporate Risk Management Department (CRM) is responsible for comprehensive risk management at a corporate level, including Financial Risk, Risk Strategy, Model Risk, Data Analytics, Enterprise Risk Management (ERM) and Reporting, Operational Risk, and Business Continuity. Of these functions, the Enterprise Risk and Reporting, Operational Risk, and Business Continuity reside within the Non-Financial Risk Unit (CRMNF) of the CRM Department.

CRM is currently seeking a Risk Officer to work in the Enterprise Risk and Reporting function within the CRMNF unit. This role involves developing and implementing a robust ERM framework, identifying and mitigating enterprise-level risks, and leading the effort to develop risk appetite statements. The chosen candidate will also foster a risk-aware culture, continuously improve risk management processes, and produce high-quality risk reports for the Board.

The Risk Officer will report to the Head of the CRMNF Unit and will work closely with other members of the Enterprise Risk and Reporting function.

Duties And Accountabilities

The Risk Officer will:

• Contribute to the development and implementation of a robust enterprise risk management (ERM) framework that aligns with industry best practices and organizational objectives.
• Identify potential enterprise level risks that could affect IFC.
• Assist in developing and maintaining a risk register to manage enterprise risk.
• Design and recommend strategies to mitigate identified risks.
• Lead the development of IFC’s risk appetite statements and supporting metrics in collaboration with other departments within IFC.
• Collaborate with risk owners across IFC to develop and maintain ERM policies.
• Contribute to the fostering of a risk-aware culture within the organization by delivering risk awareness education, and training initiatives.
• Continuously review and improve the enterprise risk management processes to adapt to changing risk landscapes and organizational needs.
• Serve as the primary author of the annual risk management Board paper.
• Contribute significantly to produce a high-quality quarterly risk report for the Board.
• Coordinate and consolidate inputs to the Enterprise Risk Management section of IFC’s quarterly MD&A.
  
  

Selection Criteria

• Master’s degree in finance, economics, or a related field, with a minimum of 7 years of relevant experience.
• Proven track record in enterprise risk management and/or financial risk management.
• Knowledge of IFC’s business, risks and operations is a plus.
• Strong knowledge of risk management frameworks, methodologies, and best practices.
• Familiarity with industry standards related to enterprise risk management.
• Excellent analytical and problem-solving skills, with the ability to identify and assess risks and develop effective mitigation strategies.
• Excellent communication and interpersonal skills, with the ability to engage and collaborate with stakeholders at all levels.
• Proactive and innovative mindset, with the ability to anticipate and address emerging risks and challenges.
• Strong written and oral communication skills in English, including the ability to present technical issues clearly and engage with senior-level audiences.
• Ability to develop relationships and build networks within and outside IFC.
• Demonstrated commitment to maintaining the highest ethical standards.
  
  

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.