Financial and Risk Management Analyst

The Financial and Risk Management Analyst supports the CIF Secretariat's financial and risk management functions including budgeting, forecasting, portfolio analysis, risk reporting, and organizational performance. The role involves building financial models, supporting budget formulation, performing portfolio analysis, and preparing risk reports for CIF's climate finance programs.

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 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

Requirements

• 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

Skills

• Risk Management
• Budgeting
• Financial Planning
• Development Finance
• Financial Mathematics
• Accounting
• Financial Reporting
• Portfolio Analysis
• Financial Modeling
• Budget Formulation
• Risk Reporting
• MS Excel
• MS Word
• Power Point
• Power BI
• Python
• Data Analysis

Languages

English