Risk Officer

World Bank seeks a Risk Officer in Washington, D.C. for its Model Risk function. The officer will validate inventory models, build benchmark quantitative models in Python, strengthen analytics libraries, assign risk ratings and monitor validation status, work with model owners on remediation, promote governance awareness, and maintain contacts on modelling and risk-management practices.

• Validate inventory models against the model-risk-governance framework
• Build and enhance benchmark quantitative models using Python
• Maintain robust, tested and documented model-analytics libraries
• Assign model-risk ratings and monitor validation and framework compliance
• Work with model-owner teams on remediation and governance standards
• Track emerging model-risk practices through external professional relationships

• Advanced degree in Finance, Economics, Mathematics, Physics or related quantitative discipline
• Minimum five years experience in model validation, financial modelling or risk management
• Advanced programming in Python, C++ or MATLAB
• Fluency in English

• AI and machine-learning-model validation or audit experience
• Corporate-finance and multilateral-development-bank business-model understanding
• Experience advising senior management on risk and control issues

• Model validation
• Risk management
• Quantitative modeling
• Financial modeling
• Model governance
• Python programming

• Python
• C++
• MATLAB

• Official contract duration: 3 years 0 months