Financial and Risk Management Analyst - req37658

Financial and Risk Management Analyst

Job #: req37658

Organization: World Bank

Sector: Climate Change

Grade: GE

Term Duration: 1 year 0 months

Recruitment Type: International Recruitment

Location: Washington, DC,United States

Required Language(s): English

Preferred Language(s)

Closing Date: 7/29/2026 (MM/DD/YYYY) at 11:59pm UTC

Description

Do you want to build a career that is truly worthwhile? The World Bank Group (WBG) is a unique global partnership of five institutions driven by a bold vision to create a world free of poverty on a living planet. As one of the largest sources of funding and knowledge for developing countries, we help solve the world’s greatest development challenges. When you join the World Bank Group, you become part of a dynamic, diverse organization with 189 member countries and more than 120 offices worldwide. We work with public and private sector partners, invest in groundbreaking projects and use data, research, and technology to bring tangible and transformative change around the globe. For more information, visit www.worldbank.org .

The Climate Investment Funds (CIF) is the world's largest multilateral climate fund, with $13.5 billion channeled through six Multilateral Development Banks (MDBs) to 78 countries. CIF financing catalyzes climate action in developing and middle-income countries by funding transformational projects that reduce emissions, build resilience, and accelerate the transition to clean energy and sustainable development.

CIF operates through a unique partnership model that brings together governments, MDBs, the private sector, and civil society. This collaborative approach ensures that climate finance reaches those who need it most while testing innovative solutions that can be scaled globally. As climate challenges intensify and the demand for climate finance grows, CIF continues to expand its instruments and impact. In 2025, CIF became the first multilateral climate fund to access capital markets, unlocking $500 million in private sector capital with the CIF Capital Markets Mechanism (CCMM).

CIF funding, featuring high quality financing and high co-financing ratios, empowers developing countries, lowers risk, enables first-of-their-kind investments, and contributes to transformational change. www.cif.org .

The CIF Secretariat requires dedicated financial and risk management support to advance strategic budgeting, forecasting, portfolio analysis, risk reporting, and organizational performance. In this context, CIF seeks to recruit a Financial and Risk Management Analyst term staff (GE) within the Financial and Risk Management team.

Duties And Accountabilities

The Financial and Risk Management Analyst is a member of the CIF Secretariat Financial and Risk Management Team, reporting directly to the Head of Financial and Risk Management. Key responsibilities supporting the financial and risk management functions include but are not limited to the following:

• 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

Selection Criteria

• Minimum of 2 years of work experience in risk management, budget or financial planning, development finance, financial mathematics, or related field
• Master's degree in a relevant field (Finance, Economics, Risk Management, Accounting, or other relevant disciplines)
• Experience in a multilateral development bank, financial intermediary fund, or international financial institution is preferred. CFA designation a plus
• Proficiency in MS Office Suite, especially Excel, Word, and PowerPoint
• Working knowledge of Power BI, Python, or additional coding or data tools.
• Familiar with accounting and financial reporting concepts
• Strong analytical, critical thinking, and problem-solving skills, with excellent attention to detail
• Excellent written and verbal communication and interpersonal skills
• Works effectively under pressure to deliver high-quality results within tight deadlines, with the ability to manage multiple tasks and prioritize effectively
• High integrity, sound judgment, and discretion in handling sensitive information and stakeholder relationships

WBG Culture Attributes

• Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
• Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
• 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.