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(Associate) Credit Risk Officer at World Bank Group

  • Job Type Contract
  • Qualification Bachelors
  • Experience 5 years
  • Location Gauteng
  • City Johannesburg
  • Job Field Finance / Accounting / Audit&nbsp

(Associate) Credit Risk Officer at World Bank Group

(Associate) Credit Risk Officer

Credit Risk Officer Description

  • The mid-career professional position as Associate/ Credit Risk Officer (F1/F2) (CRO) in CIR will provide the selected candidate with an opportunity to:
  • Develop a deeper understanding of IFC’s investment business from a risk perspective and strengthening his / her credit and equity analytical skills.
  • Get broad-based exposure to the Investment and Credit Risk Department’s approach to assessing projects across a wide range of products both Debt and Equity, countries (including investment in FCS and IDA countries), and Industries (Financial Institutions, Structured Finance and Capital Markets, Infrastructure, Telecom & Technology, and Manufacturing, Agribusiness & Services).
  • Develop unique investment experience in Emerging Market Countries and in FCS and IDA countries, including Ukraine; leverage lessons of IFC’s experience operating in these markets and apply globally recognized best practices and standards.
  • The CRO will report to relevant Regional Chief Risk Officer. The CRO will have the following responsibilities under the guidance of the RCRO and Chief Credit Officers (CCOs).
  • With the guidance from RCRO and CCOs, review investment concepts and investment proposals, including financial models, credit ratings, transaction term sheets, and other project documents prepared by project teams, and contribute to CCO’s discussions with transactions teams and decision-making process.
  • The CRO is expected to have an opportunity to work on over 20-30 investment proposals across different stages with various CCOs per year, across different investment products (e.g., equity, debt, mezzanine), industries or de-risking tools working directly with transaction teams to facilitate incorporation of CIR feedback in the analysis and presentation of the investment materials to support a more efficient and effective decision-making process.
  • Periodic review of credit ratings for portfolio transactions and working closely with the Ratings team, to verify the quality of credit assessments carried out by portfolio teams, hence supporting prudent management of IFC’s portfolio.
  • The CRO will support analysis of major macro and portfolio trends, focusing on our earlier warning signals and integrating these views into pipeline and business development discussions. Summarize insights and present key findings to business stakeholders and senior management.
  • Attend portfolio reviews and watchlist meetings, helping to identify key portfolio trends, necessary actions and monitoring follow-up items.
  • Support the processing of waivers, rights issues, stress testing and other ad-hoc portfolio matters.
  • Preparation of training materials, lessons learned, case studies, CIR FAQs, and other knowledge management material across different industries and investment products and promoting knowledge sharing and their application in new investment or portfolio decisions.
  • Assist in preparation of corporate guidelines for credit assessment and credit ratings.
  • Summarize insights and present key findings to business stakeholders and senior management.
  • Collaborate with other IFC Credit and Investment teams globally and regionally.
  • Participate in key corporate or CIR initiatives like the development of new credit tools, and or dashboards, preparation of portfolio presentations.
  • Support data analytics including on tracking pipeline and commitments, IRM outcomes, and communication of IFC’s portfolio, ratings trends and loss experience to inform new credit programs and of CIRs activities.
  • Support deployment of UCL/UCB and SPD.
  • Support the RCRO and CCOs in discussions regarding the Country and Industry Strategy, Private Sector Diagnostics and Creating Market Initiatives.

Reporting Lines :

  • CRO will be a member of the CIR team and will participate in all departmental activities.
  • She/he will have a Primary Supervisor and a RCRO for reporting.
  • The Primary Supervisor and the RCRO will provide overall guidance and oversight and manage her/his work program.
  • In addition, the CRO will work with CCOs across the department in order to get as broad an experience across sectors and regions as is possible.

Selection Criteria

  • Investment/risk professionals, with a minimum 5 years of experience in credit risk management or investments (corporate finance, project finance, equity, commercial banking, investment banking, transaction advisory services, private equity, asset management, etc.), with passion for risk management and assessment and committed and passionate about IFC’s mission.
  • Previous experience in credit risk management as well as exposure to multiple subsectors and all products would be a distinct advantage.
  • Travel may be expected.
  • Selected candidates will be invited for an interview.
  • Excellent numeric and analytical skills and good communication skills both written and verbal.
  • Strong analytical skills and knowledge of IFC investment products.
  • Excellent analytical and problem-solving ability, with an eye for detail.
  • Ability to build good relationships with stakeholders.
  • Preferable the candidate has master’s degree in relevant area.
  • Fluency in additional languages are also desirable.

Closing Date: 7/8/2025

Method of Application

Interested and qualified? Go to World Bank Group on worldbankgroup.csod.com to apply

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