Deadline: 21 December 2015
The International Finance Corporation (IFC) is currently seeking applications from the eligible applicants for the post of Principal Banking Risk Management Specialist, based in Istanbul, Turkey.
IFC, the private sector arm of the World Bank Group, is a global leader, investor and advisor committed to projects in its developing member countries that reduce extreme poverty and boost shared prosperity.
Key Job Responsibilities
The Principal Banking Risk Management Specialist will perform the following functions-
- Contribute to defining and recommending global strategies for Risk Management (RM) Advisory Services in line with FIG strategies, with focus on alignment with IFC’s strategic objectives, international best practices and application to emerging markets.
- Implement regional industry strategy for the respective regional Banking Advisory and Risk Management and for delivering on business targets and development outcomes, focused on 1) achieving high developmental impact and 2) supporting IFC investments in financial markets in the region.
- Ensure innovative approaches are developed/ imported, tailored and applied in relevant markets in the region and other regions where required.
- Lead and develop advisory project portfolio in Risk Management in the region, identify and vet prospective clients in partnership with other regional FIG Advisory operational staff, the global teams, and investment teams.
- Appraise client operations and develop advisory proposals for prospective clients.
- In coordination with investment team review potential investment clients, pipeline and participate in joint investment-advisory appraisals, where appropriate.
- Manage the design, delivery and implementation of regional projects in collaboration with Regional advisory services teams, with focus on consistent delivery across projects.
- Conduct detailed appraisals/ diagnostics of bank’s RM operations, develop reports incl. recommendations for internal and client use, support the implementation of projects to ensure overall quality control in line with corporate monitoring and evaluation requirements.
- Develop SWOT analysis, including reviewing all aspects of a bank’s RM systems and processes, organization, operations and risks, etc., and design detailed advisory services projects and action plans and implement these advisory services assignments.
- Monitor implementation and progress of RM projects and recommend corrective actions where/if necessary.
- Supervise consultant work to ensure high quality and on-time delivery of work program
- Support IFC banking equity investments, working closely with the regional Investment Services and Advisory teams; develop comprehensive equity management plans for selected clients pipeline and post-investment portfolio stage.
- Collaborate closely with the Results Measurement unit, to ensure that evaluation activities are embedded into project design and implementation.
- Oversee development of necessary approval documents, supervision and completion reports, and review for quality control.
- Contribute actively to the global RM knowledge management agenda. This includes: defining methodology and guiding principles, developing RM products/ tools and training modules, risk management systems and processes, documentation and dissemination of information.
- Participate in regular practice group meetings with peer specialists, conducting appraisal missions in other regions and on-going contribution of client-tested risk management and banking tools;
- Contribute to the design and development of internal and external knowledge management events for cross-learning and sharing of products, lessons and experience.
- Provide technical supervision support to the regional teams working on IFC’s Risk Management and banking client engagements.
- Recommend allocation and deployment of relevant technical specialists to client projects.
- Support the identification and selection of short-term consultants/firms to deliver agreed programs of work with clients.
- Help raise additional donor funding for the Risk Management advisory program in the region.
- Ensure appropriate estimation and utilization of budgeted resources for projects
Eligibility Criteria
Applicants must have-
- Master’s degree with 5 years of experience or equivalent combination of education and experience.
- Work experience in an emerging market environment required, experience in Papua New Guinea or other countries of the Pacific is desirable
- Strong theoretical base in gender and the private sector and ability to translate theory into practical applications in context of IFC Advisory projects
- Ability to participate in multi-disciplinary teams
- Ability to communicate ideas clearly, articulate issues and recommend solutions
- Excellent communication skills in English
- Willingness to travel regularly within the Pacific
How to Apply
Applications must be submitted through online process.
For more information, please visit IFC.
