E T Consultant - Business Integrity

Job Posting Organization:
The World Bank Group (WBG) is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. Established with the aim of providing financial and technical assistance to developing countries, the WBG has grown to include 189 member countries and operates more than 120 offices worldwide. The organization is one of the largest sources of funding and knowledge for developing countries, working with both public and private sector partners to invest in groundbreaking projects. The International Finance Corporation (IFC), a member of the WBG, focuses specifically on the private sector in emerging markets, leveraging its capital, expertise, and influence to create markets and opportunities. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, demonstrating its commitment to mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.

Job Overview:
The E T Consultant for Business Integrity will play a crucial role in supporting the World Bank Group's Business Integrity Office (BIO) by contributing to a strategic project aimed at updating the WBG’s group-wide approach for managing business integrity and financial crime risks. This position is designed for an initial period of one year and is based at the WBG Headquarters in Washington, DC. The consultant will be involved in a variety of tasks, including mapping current business integrity controls across member entities, drafting updated policies and procedures, and supporting interim harmonization activities across private-sector operations. The role requires a proactive approach to project management and the ability to engage with various stakeholders to ensure effective implementation of business integrity measures.

Duties and Responsibilities:
The duties and responsibilities of the E T Consultant include:

• Supporting the mapping of business integrity controls across member entities, which involves inventorying and reviewing documentation, interviewing stakeholders, and preparing report narratives and workpapers.
• Assisting in the design of a proposed group-wide target operating model (TOM) for managing business integrity and financial crime risks, including developing policy and procedure architecture and updating oversight and monitoring programs.
• Drafting updated policies and procedures, ensuring alignment with both group-wide policies and first-line operational procedures.
• Supporting interim harmonization activities across private-sector operations, which may include aligning management information reporting practices and developing program standards.
• Advising operational units on programmatic standards and seeking stakeholder feedback on policies and procedures.
• Providing project management support to the Global Head of Business Integrity and the Global Lead of Business Integrity Program Transformation as needed.

Required Qualifications:
The ideal candidate for the E T Consultant position should possess a Bachelor’s or Master's degree in a related field, along with at least 5 years of relevant experience. Candidates should have experience in conducting or leading financial crime risk assessments for regulated financial institutions or development finance institutions (DFIs). Additionally, experience in drafting and developing anti-financial crime policies and procedures is essential. Expertise in financial crime risk management, particularly in areas such as anti-money laundering and counter-terrorism financing, is required, with a preference for candidates who also have experience in anti-fraud and anti-bribery and corruption. Experience working within a leading consulting firm or within the anti-financial crimes department of a financial institution is highly desirable, as is knowledge of international standards related to know-your-customer (KYC) programs and financial crime risk management.

Educational Background:
Candidates must have a Bachelor’s or Master's degree in a relevant field. This educational background is essential to ensure that the consultant has the necessary theoretical knowledge and understanding of the complexities involved in business integrity and financial crime risk management.

Experience:
The position requires at least 5 years of relevant experience in the field of financial crime risk management, particularly within regulated financial institutions or development finance institutions. Candidates should have a proven track record of conducting financial crime risk assessments and developing anti-financial crime policies and procedures. Experience in project management and stakeholder engagement is also important for this role.

Languages:
Fluency in written English is mandatory for this position. While no additional languages are specified as preferred, proficiency in other languages may be considered an asset depending on the specific needs of the projects undertaken by the consultant.

Additional Notes:
This position is a local recruitment opportunity with a term duration of one year. The Extended Term Consultant (ETC) appointment is subject to a lifetime maximum of three years, and former and current ET staff who have completed or are in the process of completing their third-year ET appointment are not eligible for future ET appointments. The World Bank Group is committed to being an equal opportunity and inclusive employer, ensuring that all individuals are treated fairly and without discrimination based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.