Overview
The Risk Officer, Market Risk & Local Currency will support the monitoring, analysis, and reporting of IFC’s market and local currency risk exposures, and will guide and develop junior staff.
Key Responsibilities
- Conduct detailed analysis of market, liquidity, local currency, and IRRBB sensitivity exposures.
- Review capital calculations and oversee back testing exceptions.
- Support the development and enhancement of risk methodologies.
- Produce timely and accurate reporting on risk exposures, limit utilization, trends, and emerging vulnerabilities.
- Monitor risk parameters to ensure alignment with risk appetite, internal policies, and regulatory expectations.
- Prepare memos, procedures, and frameworks for presentation to senior management and Risk Committees.
- Contribute to the formulation and periodic review of market risk, local currency, and ALM policies, guidelines, and procedures.
- Liaise closely with investment teams on policy-related work.
- Review and analyze waiver requests.
- Coordinate with Treasury, Controller’s Department, Corporate Portfolio Management, and Credit & Counterparty Risk on ALM topics, derivatives exposures, and local currency initiatives.
- Support the Annual Funding Authorization process.
- Oversee liquidity calculations.
- Contribute to the production of ALCO materials and other governance committee reporting.
- Support group-level reporting.
- Enhance risk metrics, dashboards, and reporting tools.
- Assist in preparing materials for committee meetings and other governance forums.
- Contribute to the Murex project and other technology-related initiatives.
- Actively mentor, guide, and oversee junior staff across market risk, liquidity, and ALM functions.
Required Experience
8–10 years of relevant experience in market risk, liquidity risk, ALM, local currency risk management, or related financial risk roles.
Qualifications
Master’s degree in finance, economics, mathematics, financial engineering, or a related field.
