Apply for Associate Risk Officer, Washington, United States Job Vacancy | Position

Associate Risk Officer

Job #: req30795

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: 1/5/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

IFC — a member of the World Bank Group — is the most important world improvement establishment centered on the personal sector in rising markets. We work in additional than 100 nations, utilizing our capital, experience, and affect to create markets and alternatives. Our mission is to leverage the facility of the personal sector to finish excessive poverty and increase shared prosperity on a livable planet. For extra info, go to www.ifc.org.

IFC’s Market and Liquidity Risk Unit (CRMMR), which sits inside the Financial Risk Management space of the Corporate Risk Management (CRM) division, is accountable for measuring, managing, and monitoring market and liquidity dangers throughout IFC’s steadiness sheet. The unit additionally participates within the danger evaluation on Treasury financial capital, asset legal responsibility administration, and exterior reporting to score businesses. The unit is conducting a search for an Associate Risk Officer to affix a small dynamic group in assist of deepening the evaluation of market and liquidity dangers.

Role & Responsibilities

The profitable candidate will:

• Perform the continued common operations for financial capital, market danger, liquidity danger, stress testing, and asset legal responsibility administration.
• Help with enhancements in automation and effectivity of recurring evaluation and reporting.
• Monitor IFC’s steadiness sheet market danger exposures (rate of interest, FX danger, and so forth.) and exterior market tendencies.
• Identify market and liquidity danger considerations and how you can talk these considerations to IFC administration.
• Engage with stakeholders in Treasury and Portfolio Management departments and construct cross-departmental relationships.
• Contribute to the month-to-month, quarterly, and annual administration and exterior reporting on the dangers in IFC’s Treasury portfolio.
• Participate within the design and testing of the market and liquidity danger necessities for the brand new Treasury analytics platform.

Selection Criteria

• Master’s diploma in Finance, Business or associated discipline or equal and a certification in Finance or Risk Management (CFA, FRM, or PRM) is most well-liked.
• At least 5 years of expertise associated to monetary, funding, and danger evaluation. ehUedyU B6S61t
• High analytical skill as demonstrated by work in related areas and/or tutorial {qualifications}.
• Strong information of fastened earnings and derivatives merchandise together with swaps, swaptions, sovereign bonds, and securitized merchandise (ABS and RMBS).
• Strong background in statistical knowledge evaluation and different quantitative strategies; skill to implement AI options and information of statistical high-level knowledge evaluation languages comparable to Matlab or R could be a plus.
• Strong expertise with databases with skill to extract, clear and analyze knowledge utilizing SQL queries and Python; knowledge visualization expertise and expertise with dashboarding instruments (Tableau, Power BI) are additionally a plus.
• Good information of market danger measurement analytic measures together with DV01, worth in danger, stress testing, state of affairs evaluation, and option-adjusted danger evaluation.
• Good information of the Basel financial capital framework, together with the FRTB prices and the Interest Rate Risk of the Banking Book (IRRBB) stress checks.
• Good information of approaches to funding and liquidity danger administration such because the Basel Liquidity Ratio and the Rating Agency Liquidity Frameworks.
• Experience with Treasury analytic and danger programs, comparable to Murex, Summit, and/or Bloomberg MARS will probably be a plus.
• Good group participant with skill to collaborate with colleagues inside and throughout the division
• Good written and oral communication expertise.
• Previous buy-side or sell-side buying and selling expertise in fastened earnings or derivatives is most well-liked.
• Previous work expertise in a big monetary group is a plus.

World Bank Group Core Competencies

The World Bank Group gives complete advantages, together with a retirement plan; medical, life and incapacity insurance coverage; and paid depart, together with parental depart, in addition to cheap lodging for people with disabilities.

We are proud to be an equal alternative and inclusive employer with a devoted and dedicated workforce, and don’t discriminate based mostly on gender, gender id, faith, race, ethnicity, sexual orientation, or incapacity.

Learn extra about working on the World Bank and IFC, together with our values and provoking tales.