Risk Analyst (Operational and Programme Delivery) – P2

Organizational Setting

The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialized United Nations agency dedicated to eradicating rural poverty and hunger. It does so by investing in rural people. IFAD finances programmes and projects that increase agricultural productivity and raise rural incomes, and advocates at the local, national and international level for policies that contribute to rural transformation.

The Office of the President and Vice-President of IFAD (OPV) oversees the Corporate Services Support Group (CSSG) and supervises the Protocol Unit. The CSSG comprises the: (a) Office of the General Counsel (LEG) ; and (b) Office of Audit and Oversight (AUO), and  (c) Ethics Office (ETH) reporting to the President; (d) Planning , Organizational Development and Budget Division (POB) ; (e) Quality Assurance Group (QAG): and (f) Office of Enterprise Risk Management (RMO), reporting to the Vice-President. 

The Office of Enterprise Risk Management (RMO) is a dynamic, strategic and responsive service provider, leading IFAD’s second line of defense by fully supporting the management of all risks across the organization. The RMO implements, monitors, and maintains an efficient and effective Enterprise Risk Management programme, supporting IFAD’s strategic vision and mandate. The RMO aims to enable better informed risk taking by using consistent risk management best practices across the organization to achieve the Fund’s objectives in the long-term and deliver on its development commitments. The Office is responsible for oversight and monitoring of risk exposures and enabling clear reporting of IFAD’s risk profile.

The Operational and Programme Delivery Risk Analyst (P2) reports to the Lead Operational and Programme Delivery Risk Officer under the overall strategic guidance of the Assistant Vice President (AVP) & Chief Risk Officer and will work in the operational and programme delivery risk team or function.

 

Job Role

The incumbent will work within the Operational and Programme Delivery unit with focus on governance and risk integration activities.

 

Key Functions and Results

1. CONTRIBUTION TO AND SUPPORT ON ENTERPRISE RISK MANAGEMENT (ERM): The incumbent is a credible, trusted partner to the client offices served and the Department/Division/Unit where assigned. The incumbent mainly provides support to governance aspects and to the RMO Secretariat functions.

Key results/functional activities include:

• Support the RMO Secretariat function for the implementation of the IFAD Risk Governance structure, which include the planning and the organization of relevant committees, the drafting of minutes, flash reports and the follow up of ”matters arising”;
• Contribute to the mandate/work of risk management function in efficiently implementing the operational risk and programme delivery framework;
• Contribute to the implementation of the ERM framework policy and other enterprise-wide cross-cutting and/or emerging risks, including IFAD risk appetite framework, IFAD risk management charter and all other strategic risk framework pillars;
• Support ERM Reporting data integration implementation for the enhancement of the integrated risk domains data repository;
• Support the automation of the collection of Key Risk Indicators (KRIs), for inclusion in the Corporate Risk Dashboard;
• Contribute to and enhance the collaboration and coordination with relevant functions and departments across the Fund on risk related matters;
• Consult and collaborate with a variety of internal stakeholders to promote risk culture;
• Support the Lead Officer to constantly enhance technical risk committees.

2. AGENT OF CHANGE: The incumbent will advocate and apply the principles of change management and proactively serve as a role model for transformation and capacity for acceptance of change. At this level, the incumbent manages change through consultations with the supervisor and other IFAD offices to build understanding of and to ensure open and regular communications pertaining to current and planned changes. 

3. MANAGERIAL FUNCTIONS: The incumbent will maintain integrity, transparency, and fairness in performing the assigned tasks, and will provide oversight and guidance, if and when delegated by the Lead Officer, on any junior or internship staff. Will ensure integrity as well as correctly utilize and supervise the right use of equipment and supplies.

 

Key Performance Indicators

The incumbent works in an independent and rigorous risk management function. The incumbent works within a framework of broad policies, principles, and goals, applying a high degree of autonomy in selection of work methods in consultation with the Lead Officer.The key results from this role have impact on the overall effectiveness and efficiency of risk management at IFAD, as well as the successful establishment and implementation of risk policies and standards to accompany the new organizational architecture and business model for IFAD 13 and beyond. The key performance indicators include efficient performance of assigned responsibilities, technical quality, and team working characteristics.

 

Working Relationships

Work relationships for the Operational and Programme Delivery Risk Analyst involves the provision of cooperation in operational and programme delivery risk advice, including to Lead Operational and Programme Delivery Risk Officer and, when required, to the AVP & CRO.The Risk Analyst may represent the Unit on related matters at internal and external meetings, as requested by the Lead Operational and Programme Delivery Risk Officer or the CRO.

Internally, the role requires interdepartmental communication on subjects relating to operational risk and programme delivery risks and to the organization of risk committees. The Operational risk and Programme Delivery Risk Analyst will use their experience on risk management to ensure overall oversight and adherence to IFAD’s policies and procedures. Work relationships will extend throughout the organization.Externally, the Operational and Programme Delivery Risk Analyst may be requested to liaise with other multilateral development banks and relevant institutions in the sharing of information and knowledge on policies, methodologies, and related techniques in risk management.

 

Job Profile Requirements

Organizational Competencies:

Level 1:

•       Building relationships and partnerships – Builds and maintains effective working relationships

•       Communicating and negotiating – Communicates effectively; creates understanding between self and others

•       Demonstrating leadership – Personal leadership and attitude to change

•       Focusing on clients – Focuses on clients

•       Learning, sharing knowledge and innovating – Continuously seeks to learn, shares knowledge & innovates

•       Managing performance and developing staff 

•       Managing time, resources and information – Manages own time, information and resources effectively

•       Problem-solving and decision-making – Demonstrates sound problem-solving and decision-making ability

•       Strategic thinking and organizational development – Personal influence

•       Team working – Contributes effectively to the team

 

Education:

Level – Advanced* university degree from an accredited institution in the field of specialization, or its equivalent. The advanced degree may be substituted by a first university degree (Bachelor or equivalent) in the above-mentioned subjects plus at least four additional years of relevant professional experience, over and above the minimum number of years of experience outlined below.  Areas: Business Administration, Finance, Risk Management, Banking and other relevant areas.

(*) Note: For internal candidates, this requirement will be assessed in line with the provisions set forth in the IFAD’s Human Resources Implementing Procedures.

Degree must be an accredited institution listed on https://www.whed.net/home.php

Experience:

•       At least two (2) years of relevant professional experience in risk management.

•       Knowledge of inter-agency relations within the UN System is an asset.

Languages:

•       English (4 – Excellent)

•       Desirable: Arabic, French, or Spanish (3 – Good) 

Skills:

• Demonstrated knowledge and experience of risk management practices and analysis. A good understanding of the risk landscape for International Financial Institutions (IFIs);
• Championing of IFAD’s values: results-orientation, professionalism, respect and integrity;
• Technical expertise in analysing business processes and proven ability to understand properly the intricacies of an institution’s risk exposures;
• Strong analytical capabilities with a good eye for detail, demonstrated familiarity with risk indicators and risk taxonomies;
• Ability to exercise good degree of independent judgment and initiative in analysing complex issues with the ability to identify, assess and suggestoptions for risk mitigations;
• Ability to work under pressure with tight deadlines and multiple priorities with limited supervision;
• Skill in conducting technical research and in the identification of innovative solutions to emerging issues;
• Ability to share technical guidance/knowledge as well as to inspire junior specialists and programme staff in the development of viable programme activities.

 

Other Information

Applicants should note that IFAD staff members are international civil servants subject to the authority of the President of IFAD. In accordance with IFAD’s Human Resources Policy, the President can decide to assign them to any of the activities of the Fund. All International Professional staff members are required to be geographically mobile and positions in the professional category are subject to changes in location at any time in line with strategic priorities and reform initiatives in IFAD.

In accordance with IFAD’s provisions, all new staff members will normally be placed at the first step in the grade level for which they have been selected. For information on IFAD’s remuneration package, please visit IFAD’s compensation and benefits page on our website. Applicants are invited to use the ICSC compensation calculator to estimate the salary and benefit entitlements.  See here. 

Candidates may be required to take a written test and to deliver a presentation as well as participate in interviews.

In the interest of making most cost-effective use of funds and resources, we are only able to respond to applicants who are short-listed for interview. Candidates who do not receive any feedback within three months should consider their application unsuccessful.

IFAD is an Equal Opportunity Employer and does not discriminate on the basis of ethnic, social or political background, colour, nationality, religion, age, gender, disability, marital status, family size or sexual orientation in line with its Diversity, Equity and Inclusion (DEI) Strategy and the Policy to prevent and respond to sexual harassment, sexual exploitation and abuse.

Please be aware of fraudulent job offers. IFAD does not charge any fees at any stage of the recruitment process. Official communication from IFAD will always come from e-mails ending in @ifad.org

 

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