Senior Risk Specialist (Financial and Non-Financial Risks) (Contractual) – Office of Risk Management
JOB DETAIL
Work for the IMF. Work for the World.
The IMF is the apex International Organization at the heart of supporting the stability of the International Monetary and Financial System. The Fund is engaged in a significant enhancement of its Enterprise Risk Management (ERM) framework to bring the scope and operations in line with those in other major organizations and international bodies. The scope of the ERM framework covers all activities of the Fund, including surveillance, lending, and CD. The Office of Risk Management (ORM) is at the center of these efforts and has the lead in developing and supporting implementation of a strengthened ERM framework at the Fund. This includes fostering development of additionalmethodologies and tools to identify, assess, analyze, and monitor risk, including new risk methodologies and techniques, and their use by Area, Functional, and Support departments; and producing reports on the Fund’s risk profile at regular intervals. ORM is also tasked to highlight areas where additional risk analysis or mitigation efforts need to be undertaken and in this regard complements risk management policies and practices in operational departments. A key objective is risk-based decision support across the organization. To enable this, ORM is also responsible for developing Fund training in risk management and shaping strong risk governance and a culture of risk acknowledgment in the organization. ORM will also provide an independent challenge of enterprise risk information and assessments of Departments.
The Senior Risk Specialist (FR/NFR)is expected to work closely with ORM leadership in delivering on the Fund’s ERM modernization agenda, will report to the Director and Deputy Director of the Office in close collaboration with the Head of Risk Oversight and other risk specialists. The successful candidate is expected to collaborate with other risk specialistsand support ORMs work program on: (i)developing and modernizing all aspects of ERM methodologies and application, and (ii) analysis of financial and non-financial risks to the IMF.
Major Duties and Responsibilities
- Works with all risk specialists in ORM (financial, non-financial, visualization, policy and training, and GRC to support ORM’s work program
- Supports contributions from specialists to ORMs participation in the inter-departmental review process, including specialist contributions to ORM comments on papers of other Departments and circulation of ORM materials
- Supportsthe ORM teams’engagement on internal and external communications for ORM
Minimum Qualifications
Master’s degree, or equivalent, in business, accounting, economics, finance, information technology, law, communications, organizational development or a related field, supplemented by a minimum of eight years of relevant progressively responsible work experience, is required. Alternatively, a bachelor’s degree or equivalent, supplemented by a minimum of 14 years of relevant financial risk management professional experience.
The ideal candidate will havein-depth technical expertise in enterprise risk management across all dimensions of financial and non-financial risks, and an ability to support change management related to the Fund’s ERM plans.The candidate would need to demonstrate a strong track record of innovating within complex risk landscapes, to engage with diverse teams, and to communicate effectively with a wide range of stakeholders. The job requires excellent oral and written communication skills, outstanding risk management and analytical skills, a demonstrated capacity to manage and execute multiple tasks and develop new ideas under tight deadlines, and to work well with teams within ORM and across the IMF’s business units.Given the Fund’s unique mission and structure as an international organization, the ideal candidate would have a mix of private and public sector experience.
This is a one-year contractual appointment. Contractual appointments at the IMF are renewable for up to four years of cumulative contractual service, pending incumbent’s performance, budget availability and continuous business need. All headquarters-based employees are required to adhere to our hybrid work policy and minimum in-office presence of three days per week.
Department:
ORM Office of Risk Management
Hiring For:
A13, A14
The IMF is committed to achieving a diverse staff, including age, creed, culture, disability, educational background, ethnicity, gender, gender expression, nationality, race, religion and beliefs, and sexual orientation. We welcome requests for reasonable accommodations for disabilities during the selection process.
