JOB DETAILS:

International Finance Corporation Risk Officer United States IFC Jobs 2024

International Finance Corporation looking for “Risk Officer”. Applicants with an Advanced degree may apply on or before 24-Jul-24.

The International Finance Corporation has published a job vacancy announcement on 03/07/2024 for qualified applicants to fill in the vacant post of Risk Officer to be based in Washington DC , United States. For more jobs, please visit https://unjoblink.org

Company Name: International Finance Corporation

Job Title: Risk Officer

Duty Station: Washington DC , United States

Country: United States

Application Deadline: 24-Jul-24

Responsibilities:

• Drive the analysis, review, ongoing enhancement of CRMRS’s risk models, with particular focus on the estimation and allocation of Economic Capital, individual and portfolio-wide Stress Testing, risk-adjusted performance measurement.
• Organize and lead projects to develop models, tools, and policies for risk management across IFC’s investment portfolio and Treasury exposures,
• Conduct IFC’s corporate, geographic, and sector-specific stress tests
• Develop proposals for the economic capital treatment for new products and initiatives, such as expansion of local currency lending and mobilization initiatives.
• Mentor and support junior members of the CRM team
• Maintain relationships with other departments and participate in joint working groups to facilitate management of IFC’s financial risks and development of effective tools for risk-adjusted decision making.
• Collaborate with IFC’s accounting teams on methods and assumptions for quantification of loss provisions under CECL.
• Monitor and analyze the quality of IFC’s rating system, including the maintenance of IFC’s risk parameters for PDs and LGDs.
• While the focus of the position will be on economic capital and stress testing, the candidate is also expected to work closely with other teams within CRM on other risk-related assignments as required. 

Requirements:

• An advanced degree (such as MSc/MBA or PhD) in finance, economics, or mathematics (or equivalent);
• 8+ years of work experience in risk management, including direct experience with developing and using risk models in the context of stress testing, economic capital.
• Understanding of challenges and risk management framework in private lending operations is considered a plus, such as measuring of risk-adjusted returns, FTP systems.
• Experience with the performance review of rating systems, as well as the estimation/validation of risk parameters (PD/LGD), is considered a plus;
• Experience with loss provisioning under CECL is considered a plus;
• Excellent written and oral communication skills, including the ability to present technical issues in simple and straightforward terms;
• Skills to operate and guide junior staff in the usage of (one or more of) Python, R, Matlab, SQL, or other statistical tools; experience with other programming languages (e.g. VBA, Java) is a plus.
• A strong work ethic and a solid team player to work in the international and multicultural work environment within CRMRS and across the IFC;
• Organizational skills to deliver on complex topics, with tight deadlines;
• Strong interpersonal skills, attention to detail and resourcefulness;