Overview
The Financial and Risk Management Analyst will provide dedicated support to the Climate Investment Funds (CIF) Secretariat for strategic budgeting, forecasting, portfolio analysis, risk reporting, and organizational performance.
Key Responsibilities
- Build and maintain forward-looking financial models for the CIF overall budget
- Develop and update credit risk and balance sheet forecasting models, including scenario and stress testing analysis and capital adequacy assessments
- Support budget formulation, allocation to CIF teams, execution, and reporting
- Perform analysis of project disbursements and reflows at a portfolio level for CIF's various programs
- Prepare of CIF's ongoing reporting obligations, including monitoring and updating CIF risk metrics and key risk indicators, and preparing data submissions to credit rating agencies
- Draft slides to facilitate reporting of information captured in the semiannual Risk Reports to the Trust Fund Committees and Subcommittees
- Ensure timely delivery and quality control of TFC documents and other publications
- Identify opportunities to improve the efficiency and quality of financial and risk analysis, reporting, and budget processes
- Liaise across CIF Secretariat teams and relevant World Bank offices to support the day-to-day work of the Financial and Risk Management Team
- Respond to ad hoc requests from CIF Trust Fund Committee members, CIF Front Office, the Financial and Risk Management Team, and other stakeholders
Required Experience
Minimum of 2 years of work experience in risk management, budget or financial planning, development finance, financial mathematics, or related field. Experience in a multilateral development bank, financial intermediary fund, or international financial institution is preferred.
Qualifications
Master's degree in a relevant field (Finance, Economics, Risk Management, Accounting, or other relevant disciplines). CFA designation a plus.
