E T Consultant
| Job #: |
req24531 |
| Organization: |
IFC |
| Sector: |
Other |
| 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: |
10/24/2023 (MM/DD/YYYY) at 11:59pm UTC |
Description
IFC a member of the World Bank Group is thelargest global development institution focused on the private sector inemerging markets. We work in more than 100 countries, using our capital,expertise, and influence to create markets and opportunities in developingcountries. In fiscal year 2023, IFC committed a record US$43.7 billion toprivate companies and financial institutions in developing countries,leveraging the power of the private sector to end extreme poverty and boostshared prosperity as economies grapple with the impacts of global compoundingcrises. For more information, visitwww.ifc.org.
Within IFC, the Corporate Risk Management Department (CRM) is responsible for risk management at a corporate level: this includes Capital Management and Enterprise Risk, Operational Risk and Business Continuity and Treasury Risk. CRMs Capital Management and Enterprise Risk Unit (CRMCA) measures the current and projected risks in IFCs investment portfolio to ensure IFCs ongoing financial sustainability. Doing so, CRMCA utilizes a variety of integrated risk models, such as for economic capital, financial and capital forecasting, stress testing or risk-adjusted performance measurement, to develop and maintain IFCs risk management policies.
CRMCAs Financial Sustainability Team is conducting a search for an Extended-Term Consultant (ETC) to support its work on the enhancement and maintenance of CRMCAs financial and capital forecasting model (the Forecasting Model), extensive data analysis of IFCs investment portfolio, rating agency requests and any ad-hoc requests from Senior Management relevant to IFCs financial sustainability. The position term will be a period of 12 months, and could be extended.
Role & Responsibilities:
Thesuccessful candidate will support CRMCAs Financial Sustainability team in:
The collection and analysis of risk-relevant portfolio data from IFCs source systems for various analysis and forecasting purposes.
The collection, preparation and documentation of data for rating agency data templates;
Configuring and running the Forecasting Model, reporting and analyzing model outputs under different scenarios and assumptions, performing change impact analysis across scenarios;
The collection and analysis of financial data for IFC and other Multilateral Development Banks (MDBs) and Commercial Banks to perform peer comparison and benchmarking analysis;
The interaction with other departments to obtain and analyze risk-relevant and financial information (such as the Controllers or IT Departments) on a timely matter.
Selection Criteria
A Masters degree in Finance, Business Administration, Economics, Mathematics (or equivalent quantitative skills);
2 years of work experience in finance or risk management is preferred;
Experience of analyzing large data sets and financial statement analysis with critical and independent thinking;
Experience in data manipulation and extraction using SQL (and Python);
General knowledge of financial markets and investment products;
Experience in building financial models is considered a strong plus;
Knowledge of IFCs financial statements, internal financial and risk-relevant data systems (ODS, IRR, SAP, etc.) is considered a plus;
A strong work ethic and a solid team player to work in the international and multicultural work environment within CRMCA and across the IFC;
Organizational skills and the ability to multitask, meet tight deadlines and work efficiently in multicultural teams;
Strong interpersonal skills, analytics skills, attention to detail and resourcefulness.
World Bank Group Core Competencies
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 theWorld BankandIFC, including our values and inspiring stories.
Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three 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 third-year ET appointment are not eligible for future ET appointments.
