Financial and Risk Management Analyst

Financial and Risk Management Analyst To build a career that is truly worthwhile, join the World Bank Group (WBG) – a global partnership of five institutions driven by a bold vision to create a world free of poverty on a living planet. The WBG helps solve the world’s greatest development challenges by investing in groundbreaking projects and using data, research and technology to bring transformative change around the globe. For more information, visit The Climate Investment Funds (CIF) is the world’s largest multilateral climate fund, channeling $13.5 billion through six Multilateral Development Banks to 78 countries. CIF finances transformational projects that reduce emissions, build resilience and accelerate the transition to clean energy. In 2025, CIF accessed capital markets to unlock $500 million in private sector capital with the CIF Capital Markets Mechanism (CCMM). CIF funding, with high quality financing and high co‑financing ratios, empowers developing countries, lowers risk, and contributes to transformational change. For more information, visit The CIF Secretariat requires dedicated financial and risk management support to advance strategic budgeting, forecasting, portfolio analysis, risk reporting and organisational performance. The role is a term staff (GE) position within the Financial and Risk Management team. Duties and Accountabilities 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 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 is 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 prioritise effectively. High integrity, sound judgement 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 World Bank Group Core Competencies Benefits 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. #J-18808-Ljbffr World Bank Group