Risk Specialist

Job Posting Organization:
The International Monetary Fund (IMF) is a global organization established to promote international monetary cooperation, facilitate balanced trade and sustainable economic growth, and reduce poverty around the world. Founded in 1944, the IMF has grown to include 190 member countries, each contributing to the financial stability of the global economy. The organization employs over 2,700 staff members from diverse backgrounds and operates in various countries, providing financial assistance, policy advice, and technical assistance to its member nations. The IMF's mission is to foster global monetary cooperation and financial stability, ensuring that the international monetary system operates smoothly and efficiently.

Job Overview:
The Risk Specialist position at the IMF is a critical role within the Office of Risk Management (ORM), which is responsible for developing and implementing the Enterprise Risk Management (ERM) framework. This framework encompasses all key activities of the Fund, including surveillance, lending, and capacity development. The Risk Specialist will focus on enhancing the organization's ability to identify, assess, analyze, and monitor risks, particularly non-financial risks. The role involves refining ERM methodologies and tools, supporting the implementation of ERM policies, and fostering a culture of risk acknowledgment throughout the organization. The successful candidate will also contribute to ORM's communication and learning strategies, ensuring that risk management practices are effectively integrated into the Fund's operations.

Duties and Responsibilities:
The Risk Specialist will have a diverse set of responsibilities, including:

• ERM Methodology Execution: Contributing to the ongoing refinement of ERM tools, templates, and processes to enhance usability and consistency. Acting as a liaison between conceptual ERM design and practical implementation, translating ERM concepts into clear guidance for departments.
• Relationship Management: Building collaborative relationships with various departments to support the adoption of ERM tools and practices. The candidate will act as a practical partner, adapting ERM approaches to operational realities and encouraging sustained ownership of risk management.
• Communication and Learning: Designing and delivering structured ERM learning and communication initiatives, including briefings, training sessions, and reference materials. The candidate will tailor messages for diverse audiences, ensuring consistent and relevant ERM messaging.
• Work Planning & Execution Management: Translating strategic ERM priorities into actionable work plans, tracking progress, and coordinating cross-team inputs to ensure timely and high-quality outputs. The candidate will bring disciplined execution while remaining flexible to evolving priorities.

Required Qualifications:
Candidates must possess an advanced university degree or equivalent in fields such as business, accounting, economics, finance, information technology, law, communications, or organizational development. Alternatively, a professional certification as an Accountant (CPA or international equivalent) or as an Auditor (CIA or CISA) is acceptable. A minimum of four years of relevant work experience is required, or alternatively, two years of experience in a related position at Grade A10 or equivalent. Additional desired qualifications include a strong understanding of enterprise risk management concepts, proven ability to develop engaging learning materials, excellent communication skills, strong relationship-management abilities, and experience supporting change initiatives in complex organizations.

Educational Background:
The educational background required for the Risk Specialist position includes an advanced university degree in relevant fields such as business, accounting, economics, finance, information technology, law, communications, or organizational development. Candidates may also hold professional certifications such as CPA or CIA, which are considered equivalent qualifications. This educational foundation is essential for understanding the complexities of risk management and the financial systems that the IMF operates within.

Experience:
The position requires a minimum of four years of relevant work experience in risk management or a related field. Alternatively, candidates with at least two years of experience in a similar role at Grade A10 or equivalent will also be considered. The experience should demonstrate a strong understanding of enterprise risk management concepts and the ability to translate these methodologies into practical applications within an organization.

Languages:
While the job description does not specify mandatory languages, proficiency in English is essential given the international nature of the IMF and its operations. Additional languages may be beneficial, particularly those relevant to the IMF's member countries, as they can enhance communication and relationship-building with diverse stakeholders.

Additional Notes:
The position is classified under the A11, A12 grade levels within the IMF. The organization is committed to non-discrimination in employment practices and welcomes requests for reasonable accommodations for disabilities during the selection process. Information on how to request accommodations will be provided during the application process. The role is full-time, and the IMF actively recruits both nationally and internationally, offering competitive compensation and benefits.