Exciting Opportunity: Senior Risk Officer Position at the World Bank, USA
- Job #: req32505
- Organization: World Bank
- Sector: Risk
- Grade: GG
- Term Duration: 3 years
- Recruitment Type: International Recruitment
- Location: Washington DC, United States
- Deadline: Apr 17, 2025
The World Bank seeks a Senior Risk Officer to enhance risk management strategies. This critical role involves assessing financial risks, collaborating with global teams, and ensuring sustainable development initiatives are effectively supported. Join us in making a difference!
The Operational Risk Department (CROOR) is looking for an individual with practical experience in operational risk related roles, experience in leading risk related initiatives and an excellent track record in helping clients improve operational risk management. Operational risk is defined as the risk of loss resulting from inadequate or failed internal processes, people and systems, or from external events.
JOIN OUR WATSAPP GROUP
Responsibilities
- Interact with the selected functions on operational risk related matters.
- Partnering and overseeing first line of defense functions on all aspects of operational risk management.
- Monitor internal and external risk profile, review risk assessment, challenge and provide feedback to ensure it adequately reflects reality, including refine and review indicators and thresholds used to report operational risks
- Lead risk management initiatives that include assessing the risk and developing appropriate risk management strategies that is in line with the Bank’s risk appetite
- Design and implement training and awareness strategy to strengthen the organizations risk culture.
- Support secretariat of different risk governance bodies and collaborate with the teams to ensure that logistical aspects are taken into account.
- Design and implement business unit strategies to enhance risk management capabilities for business units
Also Read:
- UNHCR Seeks Associate PSP Officer: Exciting Role for AI Developer. Apply Today!
- Apply Now: Multiple Exciting x10 United Nations Internships Open for 2025
- Innovative Partnership Home-Based Specialist Consultant at UNICEF: Advancing Office of Innovation in Sweden
- x41 Funded Joint Japan/World Bank Graduate Scholarships for Key Development Programs Worldwide
- UN Seeks Home-Based Project Management Consultant Vacancy for 2025
Requirements
- Master’s degree or equivalent in a business or finance related discipline
- Minimum of 8 years practical experience in risk management.
- Experience in an operational risk related function in a complex organization in the financial services industry or in a major multilateral organization.
- Experience with risk frameworks, methodologies and regulations such as Basel, ISO, COSO
- Exposure to emerging technologies such as AI is highly desirable.
- Demonstrated experience in writing risk reports for senior management and risk committees.
- Track record in implementing operational risk methodologies in a banking/financial services environment
