Finance

GPE is a shared commitment to end the world’s learning crisis. It is the only global partnership and fund dedicated entirely to helping children in lower-income countries get a quality education, so they can unlock their potential and contribute to building a better world. We bring together governments, teachers, civil society, donors, United Nations agencies, development banks, businesses and private foundations to transform education systems so that every girl and boy can have hope, opportunity and agency. 

Duties And Accountabilities

• Development and implementation of risk management processes and tools enabling the identification, assessment, mitigation, and reporting of risk, including and not limited to risk models, risk quantifications and online risk dashboard.
• Manage GPE due diligence research and evaluation of information on entities considered for engagement, resulting in the formulation and delivery of relevant and focused recommendations around existing opportunities, related integrity issues and effective risk management measures.
• Liaise with GPE Business Units on due diligence matters and provide advice and timeline for due diligence review in accordance with the Due Diligence Framework.
• Support development of key corporate deliverables in relation to corporate and operational risk management as required.
• Conduct compliance reviews as directed to examine implementation of mitigation actions, and key business processes, and controls that are critical to effective risk management.
• Manage the Know Your Client (KYC) process, communicating directly with prospect when required and in close collaboration with Relationship Managers and Risk and Compliance Team. Coordinate the collection of the required KYC and other documents from prospect.
• Provides clear, targeted, and objective analysis of market data related to private sector prospects against GPE mission and due diligence criteria, including through the effective use of specialized external sources and providers.
• Analyze key findings, resulting in the formulation and delivery of relevant and focused recommendations around existing opportunities, related integrity issues and effective risk management measures.
• Perform due diligence reviews following the decision-making framework for determining whether the GPE may enter an arrangement with a non-sovereign donor. The due diligence review involves performing desk reviews of documents, reports, procedures, governance mechanisms, financial statements, etc., performing risk and compliance checks, performing reputational risk assessments, conducting interviews, investigations, reviewing, and/or auditing to verify facts and information using third-party websites and other search services.
• Support the preparation of data analysis, reports and presentations for the Board and relevant Committees as required.
• Monitor, analyze, and prepare reports on implementation of risk mitigation actions and plans.

Education

• Bachelor’s degree in finance, accounting, economics, risk management or relevant field of study.
• A Master’s degree in any of these fields and/or Professional risk management (eg. PRM, IRM,) or accounting qualification (e.g., CPA, ACA, ACCA, CIMA, CIPFA) would be preferred. Knowledge of risk models and risk quantification is an advantage.

Experience

2 years of experience or equivalent combination of education and experience.

Source: https://worldbankgroup.csod.com/ux/ats/careersite/1/home/requisition/32928c=worldbankgroup&sq=req32928