Associate, Credit & Counterparty Risk — Derivatives & Basel

World Bank Group; Washington (District of Columbia); On-site; USD 120,000 - 165,000; Full time

Job summary

The World Bank Group's IFC seeks an Associate Risk Officer focused on Credit & Counterparty Risk in Washington, DC. You will monitor derivatives exposures, perform PFE/EE/EAD analytics, and ensure Basel standards alignment while supporting ISDA/CSA processes and risk reporting.

Strong quantitative skills and five years of relevant experience are required, with proficiency in Python/R/SQL and experience with risk systems like Murex/Numerix/Bloomberg.

Qualifications

• Master's degree in Finance, Economics, Statistics, Mathematics, Financial Engineering, or a related quantitative discipline.
• At least five years of relevant experience in derivatives valuation, counterparty risk, or credit risk modeling within financial institutions.
• Strong programming and analytical skills in Python, R, MATLAB, or SQL; securitized product experience preferred.
• Ability to translate complex quantitative analysis into clear recommendations for technical and non-technical audiences.
• Ability to work across Risk, Treasury, Legal, Operations, and business units.

Responsibilities

• Exposure Monitoring & Reporting: monitor and report counterparty credit risk exposures and limit utilization, including PFE, EE, EAD.
• ISDA/CSA Management: maintain ISDA Master Agreements and CSAs; support counterparty credit issue resolution.
• PFE/Exposure review: assess behavior under market movements to support limit monitoring.
• Credit limit setup and migration: verify migration of IFC portfolio from Numerix to Murex and sign off on PFE.
• Basel Capital Standards: monitor SA-CCR, CVA capital, and leverage ratio for risk measurement.
• Analytics & Automation: develop dashboards and AI-enabled risk monitoring for securitized assets.

Skills

Derivatives risk

Counterparty risk

Quantitative analysis

Programming (Python/R/SQL)

Education

Master's degree in Finance/Economics/Statistics

Tools

Murex

Numerix

Bloomberg

Python

R

MATLAB

SQL

Job description

The World Bank Group's IFC seeks an Associate Risk Officer focused on Credit & Counterparty Risk in Washington, DC. You will monitor derivatives exposures, perform PFE/EE/EAD analytics, and ensure Basel standards alignment while supporting ISDA/CSA processes and risk reporting.

Strong quantitative skills and five years of relevant experience are required, with proficiency in Python/R/SQL and experience with risk systems like Murex/Numerix/Bloomberg.