Director, Institutional Risk

1 week ago


Washington, United States World Bank Group Full time

Job #:

req27940 Organization:

IFC Sector:

Legal Grade:

GI Term Duration:

4 years 0 months Recruitment Type:

International Recruitment Location:

Washington, DC,United States Required Language(s):

English Preferred Language(s): Closing Date:

7/5/2024 (MM/DD/YYYY) at 11:59pm UTC 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

. IFC’s Legal, Institutional Risk and Governance Vice Presidency is looking to recruit a Director, reporting to the Vice President & General Counsel (VP&GC), to head a newly restructured department called Institutional Risk and Governance (IRG Department). The Director will be responsible for leading and managing the IRG Department comprising 80 staff, about one quarter of whom are based in IFC’s regional offices. The IRG Department will be responsible for setting business standards and providing advice and guidance to the IFC Board, Management, and business teams in relation to four areas of non-financial business risk that may arise in IFC investments, advisory work and corporate functions. These four areas include: • Integrity, Sanctions, Anti-Money Laundering/Combating Financing of Terrorism (AML/CFT) and Tax Good Governance: managing integrity/know your customer risks arising in IFC’s investment, advisory and corporate operations, such as corruption, fraud and economic sanctions risks; conducting AML/CFT due diligence; and promoting tax good governance; • Operational Conflicts of Interest (COI), Corporate Confidentiality, Data Access Governance, Data Privacy, Business Technology and Regulatory Risk: advising on risks that converge around IFC’s management of operational COI when IFC has legal obligations to a client that conflict with IFC’s own rights or interests or with other IFC obligations; around corporate confidentiality obligations and commercially sensitive data, data access governance and data privacy; cyber and other business technology risks facing IFC; advising on IFC’s market conduct, mobilization, and treasury activities; handling of material non-public information; investment advisor standards; and aspects of IFC’s privileges and immunities; • Corporate Governance: advising on corporate governance risks in IFC’s investment operations and investee companies, with associated knowledge development/leadership and client capacity building; and • Nominee Director Center: managing IFC’s nominee director program, where IFC appoints directors to boards of investee companies in which it holds equity positions, including expanding and leveraging the nominee director cohort and promoting thought leadership of the center. Duties and Accountabilities The Director, IRG will report to the VP&GC and will have the following specific responsibilities: • Manage the day-to-day operations of the IRG Department at headquarters and regional offices, • Directly oversee the four managers/heads leading the verticals comprising the IRG Department, • Ensure consistent and high-quality support and advice from the IRG Department to the IFC Board, Management and business teams, • Promote cooperation and foster coordination with a wide range of clients, and internal and external partners and stakeholders, • Coordinate with counterparts in other World Bank Group (WBG) entities, other multilateral development banks (MDBs), and international financial institutions (IFIs), • Provide thought leadership on institutional risk, corporate governance and nominee director program both within the WBG and externally with MDBs, IFIs and other parties, and • Support the VP&GC on subject matters covered by the IRG Department. Selection Criteria • JD or equivalent law degree and a minimum of 15 years of experience in managing non-financial business risks and governance matters, • Business technology qualification (including with AI) would be a plus, • Experience at a MDB or a financial institution advising business teams on institutional risk and governance including the above areas, • Skills that combine legal, business and technological acumen with expertise in the technical risk areas outlined above, • Strong track record of professional excellence, substantive expertise and thought leadership, • Strong interest in development and commitment to the values of the WBG and the IFC, • Digital dexterity and fluency, • Impeccable ethics and integrity, • Strong track record of sound professional and personal judgment, demonstrated ability to exercise independence in decision-making, • Demonstrated ability to innovate and constantly improve processes, services and products and leading corporate initiatives, • Strong track record of overseeing senior staff and developing, coaching and mentoring staff at all levels, including provision of consistent, accurate and straightforward feedback regarding strengths and developmental needs, • Demonstrated commitment to values of diversity, equity, inclusion, and teamwork, • Demonstrated ability to focus on the big picture, including the overall framework for development, • Interpersonal acumen and communication skills to effectively and proactively discuss complex and controversial topics with a diverse audience, including the IFC Board of Directors, Senior Management and clients, • Tact, diplomacy and discretion to foster strong relationships with diverse constituencies, • Demonstrated ability to set strategic direction and ensure implementation, • Excellent communication and presentation skills, • Demonstrated ability to deal with complexity, ambiguity and crisis, • Meet WBG managerial selection criteria, including courage of your convictions, leading the team for impact, influencing across boundaries, fostering openness to new ideas, and building talent for the future. 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.

#J-18808-Ljbffr



  • Washington, United States IFC Systems Corporation Full time

    **Director, Institutional Risk & Governance** **Job #**: - req27940**Organization**: - IFC**Sector**: - Legal**Grade**: - GI**Term Duration**: - 4 years 0 months**Recruitment Type**: - International Recruitment**Location**: - Washington, DC,United States**Required Language(s)**: - English**Preferred Language(s)**: **Closing Date**: - 7/5/2024...


  • Washington DC, United States Fannie Mae Full time

    Job Description Learn more about the general tasks related to this opportunity below, as well as required skills. As a Director in the Quantitative Modeling job family, you will apply extensive knowledge of advanced modeling techniques, joining a modeling community which creates solutions that use public and proprietary data in all areas of the mortgage...


  • Washington, United States Georgetown University Full time

    Located in a historic neighborhood in the nation's capital, Georgetown offers rigorous academic programs, a global perspective, exciting ways to take advantage of Washington, D.C., and a commitment to social justice. Our community is a tight knit group of remarkable individuals interested in intellectual inquiry and making a difference in the...


  • Washington, United States MORS Full time

    Details Posted: 31-May-24 Location: Washington, D.C. Type: Full-time Salary: Open Internal Number: Director of Cybersecurity Risk Management - University Information Services - Georgetown University Located in a historic neighborhood in the nation's capital, Georgetown offers rigorous academic programs, a global perspective,...


  • Washington, United States MORS Full time

    Details Posted: 31-May-24 Location: Washington, D.C. Type: Full-time Salary: Open Internal Number: Director of Cybersecurity Risk Management - University Information Services - Georgetown University Located in a historic neighborhood in the nation's capital, Georgetown offers rigorous academic programs, a global perspective,...


  • Washington, United States Americans For The Arts Full time

    **Director, Institutional Relations** Reports to: SVP, Relationship Development Location: Washington, DC Team: Development Telework: Hybrid, In-Person Requirement Group: Relationship Development FLSA: Exempt, Full-Time At Americans for the Arts (AFTA), we are ready for you to join our team. As a national nonprofit we are dedicated to **equitably...


  • Washington, United States Americans For The Arts Full time

    **Director, Institutional Relations** Reports to: SVP, Relationship Development Location: Washington, DC Team: Development Telework: Hybrid, In-Person Requirement Group: Relationship Development FLSA: Exempt, Full-Time At Americans for the Arts (AFTA), we are ready for you to join our team. As a national nonprofit we are dedicated to **equitably...


  • Washington, United States Forensic Risk Alliance Full time

    We are looking for a Subject Matter Expert in cryptocurrency and financial crime and compliance (FCC) who seeks an exciting, long-term career opportunity at one of the most highly-respected forensic accounting, investigations and compliance consultancies in the world. This individual has a genuine interest in all things cryptocurrency, to include; blockchain...


  • Washington, United States BridgePoint Healthcare Full time

    Job Details Level Management Job Location National Harbor LTAC - Washington, DC Position Type Full Time Education Level 4 Year Degree Travel Percentage None Job Shift Day Job Category Leadership Description DIRECTOR OF QUALITY MANAGEMENT - RN BridgePoint+ Hospital At BridgePoint , whether you work with patients every day or support those who do, you are...


  • Washington, United States BridgePoint Healthcare Full time

    Job Details Level Management Job Location National Harbor LTAC - Washington, DC Position Type Full Time Education Level 4 Year Degree   Travel Percentage None Job Shift Day Job Category Leadership Description DIRECTOR OF QUALITY MANAGEMENT - RN BridgePoint+ Hospital At BridgePoint, whether you work with patients every day or support those who do, you...


  • Washington, United States UNITED NEGRO COLLEGE FUND Full time

    Job DescriptionJob DescriptionJob Title: Director, Institutional Capacity Building Success CoachDepartment: Scholarships & Programs Reports To: Sr. Director, Scholarship Operations, Student Services & Alumni Relations JOB DESCRIPTION The Director for Institutional Capacity Building Success Coach is responsible for design and delivery of capacity building,...


  • Washington, United States UNITED NEGRO COLLEGE FUND Full time

    Job DescriptionJob DescriptionJob Title: Director, Institutional Capacity Building Success CoachDepartment: Scholarships & Programs Reports To: Sr. Director, Scholarship Operations, Student Services & Alumni Relations JOB DESCRIPTION The Director for Institutional Capacity Building Success Coach is responsible for design and delivery of capacity building,...


  • Washington, United States Institutional Shareholder Services Full time

    Let’s be #BrilliantTogether ISS STOXX GmbH, through its group companies, is a leading provider of comprehensive and data-centric research and technology solutions that help capital market participants identify investment opportunities, detect qualitative and quantitative portfolio company risks, and meet evolving regulatory requirements. With roots dating...


  • Washington, United States Forensic Risk Alliance Full time

    We are looking for a Subject Matter Expert in cryptocurrency and financial crime and compliance (FCC) who seeks an exciting, long-term career opportunity at one of the most highly-respected forensic accounting, investigations and compliance consultancies in the world. This individual has a genuine interest in all things cryptocurrency, to include; blockchain...


  • Washington, United States Forensic Risk Alliance Full time

    Job DescriptionJob DescriptionWe are looking for a Subject Matter Expert in cryptocurrency and financial crime and compliance (FCC) who seeks an exciting, long-term career opportunity at one of the most highly-respected forensic accounting, investigations and compliance consultancies in the world. This individual has a genuine interest in all things...


  • Washington, United States Forensic Risk Alliance Full time

    Job DescriptionJob DescriptionWe are looking for a Subject Matter Expert in cryptocurrency and financial crime and compliance (FCC) who seeks an exciting, long-term career opportunity at one of the most highly-respected forensic accounting, investigations and compliance consultancies in the world. This individual has a genuine interest in all things...


  • Washington, United States Forensic Risk Alliance Full time

    Job DescriptionJob DescriptionWe are looking for a Subject Matter Expert in cryptocurrency and financial crime and compliance (FCC) who seeks an exciting, long-term career opportunity at one of the most highly-respected forensic accounting, investigations and compliance consultancies in the world. This individual has a genuine interest in all things...


  • Washington, United States U.S. Soccer Foundation Full time

    Job DescriptionJob DescriptionSalary: OverviewThe U.S. Soccer Foundation helps young people embrace an active and healthy lifestyle and cultivate critical life skills through soccer. The Foundation’s programs are the national model for sports-based youth development in underserved communities. Since its founding in 1994, the Foundation has impacted...


  • Washington, United States Americans for the Arts Full time

    Director, Institutional Relations Reports to: SVP, Relationship Development Location: Washington, DC Team: Development Telework: Hybrid, In-Person Requirement Group: Relationship Development FLSA: Exempt, Full-Time At Americans for the Arts (AFTA), we are ready for you to join our team. As a national nonprofit we are dedicated to equitably advocating for...


  • Washington, United States Americans For The Arts Full time

    Job DescriptionJob DescriptionDirector, Institutional RelationsReports to:          SVP, Relationship Development                Location:              Washington, DC Team:                   Development                                               Telework:           ...