Senior Risk Officer

Senior Risk Officer (Model Risk – Equity)

Job #:

req34835

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:

11/24/2025 (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

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 Senior Risk Officer (GG2)—a seasoned quantitative professional with deep financial modeling and model validation expertise and excellent communication skills—to lead validation 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:

• Own the 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); sign off on validation conclusions and usage conditions.
• 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 authoritative 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.
• Represent CRMMM as a subject matter expert in management fora such as Valuation Committee, Investment Review Committees, Steering Committees, and Corporate Risk Committee, providing succinct risk perspectives on model usage and valuation outcomes, if required.
• Oversee remediation plans; track and escalate overdue actions; coordinate with model owners to ensure timely closure consistent with policy and audit expectations.
• Mentor and quality assure the work of junior validators; lead peer reviews and contribute to skills development across the team.
• Conduct horizon scanning and industry research on state of the art PE valuation practices; recommend methodological updates to keep IFC aligned with evolving IPEV / IVS consistent practices.
• Re validate models on the prescribed cycle; maintain complete validation documentation and reproducible test workpapers consistent with Model Risk Policy & Procedures.
• Drive timely responses to stakeholders and meet deadlines on validation deliverables while coordinating multiple parallel assignments.

Selection Criteria

• Master's degree or higher in Finance, Financial Management, Econometrics, Statistics, or a closely related field.
• Minimum 12 years relevant experience in Private Equity valuation/models and related products (emerging markets exposure strongly preferred).
• Demonstrated track record leading validation/review of equity valuation models and defending conclusions before senior committees.
• Expert understanding of DCF techniques (FCF, DDM) and market comparables/multiples; strong 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.
• High proficiency in Excel (incl. VBA) and Python; proficiency in R/Matlab a strong plus; excellent skills in MS Word and PowerPoint. (Raised emphasis on tooling and automation at GG2.)
• Strong quantitative and analytical skills; influencing and negotiation skills to deliver effective challenge and, where necessary, push back on model usage.
• 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.