Senior Risk Officer

Senior Risk Officer

Job #: req
35659 Organization:
World Bank Sector:
Operations Grade: GG Term Duration: 3 years 0 months Recruitment Type:
International Recruitment

Location:

Washington, DC, United States Required Language(s):
English Preferred Language(s):

Closing Date: 2/26/2026 (MM/DD/YYYY) at 11:59pm UTC

Do you want to build a career that is truly worthwhile? The World Bank Group is a unique global partnership of five institutions driven by a bold vision to create a world free of poverty on a livable planet. As one of the largest sources of funding and knowledge for developing countries, we help solve the world’s greatest development challenges. When you join the World Bank Group, you become part of a dynamic, diverse organization with 189 member countries and more than 120 offices worldwide.

We work with public and private sector partners, invest in groundbreaking projects, and use data, research, and technology to bring tangible and transformative changes around the globe. For more information, visit worldbank.org .

The WBG Chief Risk Officer (CRO) Vice Presidency is the core unit responsible for Group-wide institutional risk oversight, including establishment and monitoring adherence to risk policies and guidelines and risk assessment and reporting to the Board and executive management. Its mission is to enable and support the WBG to achieve its goals in a financially sustainable manner. The VPU assists management with identifying and managing Group-wide cross-cutting risks, enhancing risk response decisions, reducing financial and operational surprises and losses, seizing opportunities and improving deployment of capital.

The WBG CRO Vice Presidency includes the IBRD/IDA, IFC, and MIGA risk teams and covers a wide range of financial and non-financial risks

In the context of One WBG, the newly unified WBG Operational Risk Department (CROOR), housed within the WBG Chief Risk Officer (WBG CRO), provides independent second line of defense oversight, assessment, and management operational and business continuity risks across the World Bank Group. The Department strengthens institutional risk governance by ensuring that operational risk-taking activities are consistent with the WBG’s risk appetite, internal control frameworks, and long-term operational resilience objectives.

It provides rigorous, consistent oversight, ensuring operational and business continuity risks are identified, measured, monitored, and managed effectively across all WBG entities. The WBG Operational Risk Department (CROOR) is responsible for risk oversight in the following areas: (i) Operational Risk, (ii) Business Continuity, (iii) Scenario Planning, (iv) Corporate Insurance, (v) Data Privacy, and (vi) Risk Technology and Data Infrastructure.

The Business Continuity (BC) Team is responsible for the WBG business continuity program, which focuses on ensuring WBG’s ability to maintain critical operations and services during and after disruptive events. This includes developing and testing business continuity strategies, recovery plans, and crisis management protocols across entities and geographies. The BC Team supports business units in identifying critical functions, processes and applications, ensuring resource readiness, and coordinating institution-wide responses to operational disruptions.

• Leads the tactical day-to-day activities of the WBG business continuity work program for HQ units and non-HQ offices. This includes business impact analyses, business continuity planning, and delivering of scenario analyses and resilience testing exercises.
• Acts as a second line of defense, providing independent oversight, challenge, and advisory support to ensure the adequacy and effectiveness of BC plans and recovery procedures.
• Collaborates closely with first line teams to identify, assess, and implement risk mitigation strategies aimed at maintaining critical business functions during disruptive events, including monitoring of action items and areas of improvement.
• Facilitates business continuity and crisis management preparedness sessions to promote a culture of…