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Enterprise Risk Management Specialist
2 months ago
Organization: World Bank Group
Overview:
The Enterprise Risk Management Specialist plays a pivotal role within the World Bank Group, overseeing institutional risk management and ensuring compliance with established risk policies and frameworks. This position is integral to the organization’s ability to navigate complex risk landscapes and maintain operational integrity.
Key Responsibilities:
The selected candidate will be responsible for:
- Providing expert guidance to clients on the implementation of corporate enterprise and operational risk frameworks.
- Designing and executing risk management initiatives that assess potential risks and develop strategies aligned with the organization’s risk appetite.
- Formulating and executing strategies to enhance risk management capabilities across business units.
- Assisting business units in identifying, evaluating, prioritizing, monitoring, and reporting on enterprise and operational risks.
- Reviewing the effectiveness of risk mitigation strategies and integrating industry best practices.
- Monitoring key risk indicators and events that may affect the operational risk profile.
- Supporting Risk Governance initiatives and contributing to comprehensive risk reports for various stakeholders.
- Conducting research on trends and practices in operational risk management.
- Advising business units on strategies to mitigate or reduce identified risks.
- Promoting a risk-aware culture throughout the organization.
- Participating in the design and implementation of technological solutions for risk management.
- Performing additional duties as assigned by management.
Qualifications:
The ideal candidate will possess:
- A Master’s degree or equivalent in a business or finance-related field.
- A minimum of 5 years of practical experience in Operational Risk Management.
- In-depth knowledge of Operational Risk Management frameworks and processes.
- Experience in guiding business units in the implementation of risk management frameworks.
- Proficiency in preparing risk reports for stakeholders.
- Strong analytical skills with the ability to interpret complex data.
- Familiarity with Governance, Risk, and Compliance systems.
- Experience with reporting tools such as Business Objects and Tableau.
- Exposure to AI and Machine Learning solutions is a plus.
- Demonstrated leadership capabilities in managing teams and projects.
- Exceptional written and verbal communication skills.
- A willingness to travel for short-term assignments.
The World Bank Group is committed to providing comprehensive benefits and fostering an inclusive work environment.