E T Consultant

  • Salary:
  • Job type:
  • Posted:
    6 days ago
  • Category:
    Economics, Finance
  • Deadline:
    December 7, 2022



Job #: req20168
Organization: IFC
Sector: Risk
Grade: EC1
Term Duration: 1 year 0 months
Recruitment Type: Local Recruitment
Location: Washington, DC,United States
Required Language(s): English
Preferred Language(s):
Closing Date: 12/7/2022 (MM/DD/YYYY) at 11:59pm UTC



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 in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
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, Treasury Risk Team (CRMTR) is responsible for providing risk oversight of IFC’s Treasury Activities. This includes, but is not limited to, measuring, managing and monitoring market, credit and liquidity risks in IFC’s portfolio. 
CRMTR is conducting a search for an E T Consultant to join an international dynamic team in support of various Credit Risk functions.  
Duties and Accountabilities:
His/her responsibilities may include, but are not limited to, the following:
•  Perform fundamental credit analysis of Banks, Sovereigns, GRE and Covered Bond issuers and ensure the proactive identification of risks and mitigants.
•  Contribute to ESG analysis and integration into credit processes for issuers and counterparties.
•  Contribute to ongoing credit reporting including the Credit Spotlight, quarterly Watchlist and Radar Reports, Counterparty Handbook, etc.
•  Contribute to ongoing market surveillance to identify, measure, and evaluate credit risks; proactively identify emerging regulatory/policy changes and assess their implications for counterparty risk. 
•  Understand and use an array of analytical tools to measure credit risk including fundamental model, credit model, market signals and implied ratings.
•  Present credit risk analyses and actively participate in CRMTR’s Credit Committees.
•  Familiarize themselves with CRMTR’s risk policies, investment guidelines, systems, and databases. Update CRMTR systems to reflect appropriate credit limits.
•  Be involved in a number of ad hoc projects of high importance to CRMTR.


Selection Criteria


•  Master’s degree in finance, Economics, Statistics or Mathematics with a strong technical background with at least 3 years’ experience in credit risk analysis, and analysis of structured products.
•  Experience in finance, fixed income, derivatives, structured products, and/or financial modeling within an investment bank, rating agency, or other financial institution. Experience in emerging markets is a plus.
•  Experience in using Intex for the analysis of Structured Products is a plus.
•  Experience in Microsoft Office Suite is required. VBA and SQL is desirable.
•  Strong analytical and problem-solving skills.
•  Financial modeling skills are desirable.
•  Excellent written and oral communication skills, including the ability to present technical issues in simple and straightforward terms.
•  Ability to multitask, meet tight deadlines and work efficiently in multicultural teams.
•  Strong interpersonal skills, attention to detail and resourcefulness.
•  Prior experience in financial and business intelligence software such as Bloomberg, or Reuters, as well as working with Credit Rating Agencies is a plus.


World Bank Group Core Competencies

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Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.