Associate Risk Officer – Operational Risk Management – GF  

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 Operational Risk Management (ORM). Of these functions, the Enterprise RiskM and ORM programs reside within the Non-Financial Risk Unit (CRMNF) of the CRM Department.

The successful candidate will:

• Contribute to CRMNF’s overall operational risk management program.

• Actively participate in all operational risk management activities such as conducting Risk Assessments; Risk Event analysis; performing Root Cause Analyses; Scenario Analysis; inputting and maintaining data in the systems, among others.

• Contribute to initiatives with operational and support departments to develop and implement solutions to identified operational risk issues, as needed.

• Lead data querying, analysis, and visualization work related to operational risk data, and contribute to quarterly operational risk reporting.

• Closely collaborate and support initiatives on enhancing the Governance, Risk, and Compliance (GRC) system for operational risk management.

• Contribute to developing learning and knowledge material and make presentations through learning events.

• Help promote and raise awareness of operational risk(s) through various channels.

• Engage with stakeholders, such as the operational risk management champions and build cross-departmental relationships.

Selection Criteria

• Previous work experience in operational risk management.

• Master’s degree and 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 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 team player with ability to collaborate with colleagues within and across the department.

• Good written and oral communication/presentation skills.

• Strong client service orientation with an openness to feedback and new ideas.

• Ability to handle pressure and meet strict deadlines.

• Previous work experience in a large financial organization, IFI/MDB is a plus.

WBG Culture Attributes:

1. Sense of Urgency – Anticipating and quickly reacting to the needs of internal and external stakeholders.
2. Thoughtful Risk Taking – Taking informed and thoughtful risks and making courageous decisions to push boundaries for greater impact.
3. Empowerment and Accountability – Engaging with others in an empowered and accountable manner for impactful results.

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 [email protected], and we will inform our HR partners in the respective organization and the Swiss Government to help increase your visibility.

“Important Application Information:
Please submit your application only via the official website of the hiring organization or by using the “Apply” button on CinfoPoste, which will redirect you to the organization’s application site. Applications submitted through other job portals will not be forwarded to the respective organization and will not be considered. To ensure your application reaches the right destination, always follow the official application process as indicated in the job posting.”