Risk Officer
| Job #: | req35637 |
| Organization: | IFC |
| Sector: | Risk |
| Grade: | GG |
| Term Duration: | 3 years 0 months |
| Recruitment Type: | International Recruitment |
| Location: | Washington, DC,United States |
| Required Language(s): | English |
| Preferred Language(s): | |
| Closing Date: | 2/18/2026 (MM/DD/YYYY) at 11:59pm UTC |
Description
Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, 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 more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. The International Finance Corporation (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 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.As part of IFC’s dynamic and market oriented operations, the Model Risk unit in the Corporate Risk Management Department (CRMMM) is responsible for validating financial models across IFC. The Corporate Risk Management Model Risk Team (CRMMM) seeks a Risk Officer (GG1)— an experienced quantitative professional with strong financial modeling and model validation expertise and excellent communication skills—to drive the validation activities for Private Equity (PE) models used across IFC and collaborate with senior lead for governance activities in the Team.Role & Responsibilities:The successful candidate will:• Perform independent validation/review of models used for IFC’s Private Equity, Equity linked Guarantees, and Quasi Equity instruments (including Subordinate Equity, Warrants, and embedded options); • Collaborate with senior lead for the development and continuous enhancement of model risk management procedures for IFC’s Private Equity portfolio, aligning with industry best practice and internal policy; set standards and approval criteria for validation scope and methodology. • Provide challenge on discounted cash flow (e.g., dividend discount, free cash flow) and market multiple approaches (P/E, P/B, EV/EBITDA, EV/Sales), including selection of benchmarks, normalization, and sensitivity/robustness testing. • Ensure appropriate sector specific application (financial, infrastructure, manufacturing, fintech, disruptive technologies); promote standardization and template governance; review complex spreadsheet implementations where applicable. • Be a sounding board for the Manager of CRMMM in management forums relating to private equity risk to provide perspectives on model usage and validation outcomes, if required. • Oversee remediation plans; track and escalate overdue actions; ensure timely closure consistent with policy and audit expectations. • Recommend methodological updates to keep IFC aligned with evolving IPEV / IVS consistent practices. • Revalidate models on the prescribed cycle; maintain complete validation documentation and testing analyses consistent with Model Risk Policy & Procedures. • Drive timely responses to stakeholders and meet deadlines on validation deliverables.
Selection Criteria
• Master’s degree or higher in Finance, Financial Management, Econometrics, Statistics, or a closely related field. • Minimum 10 years relevant experience in Private Equity valuation/models and related products (emerging markets exposure strongly preferred). • Demonstrated track record in performing validation/review of equity valuation models and defending conclusions before model owners and developers. • Solid understanding of DCF techniques (FCF, DDM) and market comparables/multiples; sound judgment on calibration, parameterization, and uncertainty quantification. • Broad familiarity with PE across infrastructure, manufacturing, fintech, and disruptive technology sectors; experience in emerging markets is a strong plus. • Ability to determine fit for purpose modeling and valuation techniques consistent with market practice; experience with complex spreadsheet models and controls. • Proficiency in Excel (incl. VBA) and Python; proficiency in R/Matlab a strong plus; excellent skills in MS Word and PowerPoint.• Strong quantitative and analytical skills; provide effective challenges and be able to push back on the proposed model and its usage, where applicable. • Excellent written and verbal communication in English; ability to operate under pressure and manage multiple priorities. • Excellent team player; ability to work effectively with colleagues from diverse backgrounds; highest ethical standards.
WBG Culture Attributes:
1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.
