E T Consultant
Washington DC, United States
JOB DETAIL
Description
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
Within IFC, the Corporate Risk Management Department (CRM) is responsible for risk management at a corporate level: this includes Capital Management and Enterprise Risk, Operational Risk and Business Continuity and Treasury Risk. CRM’s Capital Management and Enterprise Risk Unit (CRMCA) measures the current and projected risks in IFC’s investment portfolio to ensure IFC’s ongoing financial sustainability. Doing so, CRMCA utilizes a variety of integrated risk models, such as for economic capital, financial and capital forecasting, stress testing or risk-adjusted performance measurement, to develop and maintain IFC’s risk management policies.
CRMCA’s Financial Sustainability Team is conducting a search for an Extended-Term Consultant (ETC) to support its work on the enhancement and maintenance of CRMCA’s financial and capital forecasting model (the “Forecasting Model”), extensive data analysis of IFC’s investment portfolio, rating agency requests and any ad-hoc requests from Senior Management relevant to IFC’s financial sustainability. The position term will be a period of 12 months, and could be extended.
Role & Responsibilities:
The successful candidate will support CRMCA’s Financial Sustainability team in:
• The collection and analysis of risk-relevant portfolio data from IFC’s source systems for various analysis and forecasting purposes.
• The collection, preparation and documentation of data for rating agency data templates;
• Configuring and running the Forecasting Model, reporting and analyzing model outputs under different scenarios and assumptions, performing change impact analysis across scenarios;
• The collection and analysis of financial data for IFC and other Multilateral Development Banks (MDBs) and Commercial Banks to perform peer comparison and benchmarking analysis;
• The interaction with other departments to obtain and analyze risk-relevant and financial information (such as the Controller’s or IT Departments) on a timely matter.
Selection Criteria
• A Master’s degree in Finance, Business Administration, Economics, Mathematics (or equivalent quantitative skills);
• 2 years of work experience in finance or risk management is preferred;
• Experience of analyzing large data sets and financial statement analysis with critical and independent thinking;
• Experience in data manipulation and extraction using SQL (and Python);
• General knowledge of financial markets and investment products;
• Experience in building financial models is considered a strong plus;
• Knowledge of IFC’s financial statements, internal financial and risk-relevant data systems (ODS, IRR, SAP, etc.) is considered a plus;
• A strong work ethic and a solid team player to work in the international and multicultural work environment within CRMCA and across the IFC;
• Organizational skills and the ability to multitask, meet tight deadlines and work efficiently in multicultural teams;
• Strong interpersonal skills, analytics skills, attention to detail and resourcefulness.
World Bank Group Core Competencies
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