Risk Analyst - Corporate & Portfolio Risk Management

Job Posting Organization:
The International Finance Corporation (IFC) is a member of the World Bank Group, which is one of the largest sources of funding and knowledge for developing countries. Established to help countries solve their greatest development challenges, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and over 120 offices worldwide, the WBG collaborates with public and private sector partners to invest in groundbreaking projects, utilizing data, research, and technology to develop solutions for urgent global challenges. The IFC specifically focuses on the private sector in emerging markets, working in more than 100 countries and leveraging private sector solutions 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, aiming to create a world free of poverty on a livable planet. More information can be found at https://www.ifc.org.

Job Overview:
The Risk Analyst position within the Corporate & Portfolio Risk Management Department (CRM) at IFC involves providing corporate-wide risk oversight of IFC's debt, equity, and treasury portfolios. The role is crucial in managing IFC's overall capital position and financial sustainability. The Counterparty and Credit Risk Team (CRMCC) is specifically responsible for overseeing IFC’s Treasury Activities, which includes measuring, managing, and monitoring market, credit, and liquidity risks in IFC’s portfolio. The selected candidate will be expected to contribute to the team’s mission of supporting IFC’s operations and strategic objectives, engaging in various risk analysis and reporting activities, and collaborating with diverse stakeholders to ensure effective risk management practices.

Duties and Responsibilities:
The duties and responsibilities of the Risk Analyst include conducting fundamental credit analysis of banks, sovereigns, government-related entities (GREs), covered bonds, and securitized products to proactively identify risks and recommend mitigants. The analyst will contribute to ongoing credit reporting and market surveillance to identify, measure, and evaluate credit risks. Additionally, the role involves proactively identifying emerging regulatory and policy changes and assessing their implications. The analyst will engage with rating agencies to understand rating drivers, clarify issuer developments, and benchmark internal views. Presenting credit risk analyses and providing recommendations for risk mitigation actions to relevant stakeholders, including direct and senior management, is also a key responsibility. The analyst will develop familiarity with CRMCC’s risk policies, investment guidelines, systems, and databases to ensure compliance and operational efficiency. Supporting ISDA/CSA negotiations with IFC derivative counterparties and participating in high-priority ad-hoc projects to support CRMCC’s strategic objectives are also part of the role. Lastly, the preparation of Rating Agency Binder and Rating Agency Data Submissions is expected.

Required Qualifications:
The required qualifications for the Risk Analyst position include a Bachelor's or Master's degree in finance, economics, statistics, or mathematics, with a strong technical background. Candidates should have a minimum of 3 years of experience in credit risk analysis, with prior experience working with credit rating agencies considered a plus. Strong analytical and problem-solving skills are essential, along with knowledge of Structured Product Credit Analysis. Excellent written and verbal communication skills are necessary, particularly the ability to present complex technical issues clearly and straightforwardly. The ability to manage multiple tasks, meet tight deadlines, and work effectively in multicultural and cross-functional teams is also required. Strong interpersonal skills, attention to detail, and resourcefulness are important attributes for this role, and experience in emerging markets is a plus. Understanding the Rating Agencies' approach to rating IFC is also beneficial.

Educational Background:
Candidates for the Risk Analyst position should possess a Bachelor's or Master's degree in finance, economics, statistics, or mathematics. This educational background is essential to ensure that the candidate has the necessary technical skills and knowledge to perform the required analyses and assessments effectively.

Experience:
The position requires a minimum of 3 years of experience in credit risk analysis. This experience should ideally include working with credit rating agencies, which would provide valuable insights into the credit risk landscape and enhance the candidate's ability to perform the required duties effectively.

Languages:
The mandatory language for this position is English. Proficiency in English is essential for effective communication and collaboration within the organization and with external stakeholders. While no additional languages are specified as preferred, having knowledge of other languages could be beneficial in a multicultural work environment.

Additional Notes:
This position is a local recruitment opportunity with a term duration of 3 years. The role is full-time, and the World Bank Group offers comprehensive benefits, including a retirement plan, medical, life and disability insurance, and paid leave, including parental leave. The organization 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. The closing date for applications is set for November 11, 2025, at 11:59 PM UTC.