WBG Manager – E&S Risk Management - req
Listed on 2026-03-01
-
Management
Risk Manager/Analyst -
Finance & Banking
Risk Manager/Analyst, Financial Compliance
WBG Manager – E&S Risk Management
Job #: req
35609
Organization: IFC
Sector:
Risk
Grade: GH
Term Duration: 4 years 0 months
Recruitment Type:
International Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date: 2/24/2026 (MM/DD/YYYY) at 11:59pm UTC
DescriptionThe World Bank Group (WBG) is a global partnership of five institutions - the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID) - with a mission to end extreme poverty and boost shared prosperity on a livable planet.
As one of the largest sources of financing and knowledge for developing countries, we partner with public and private stakeholders to address critical development challenges. With 189 member countries and more than 120 offices worldwide, we deploy data, research, and technology to deliver tangible, transformative results. For more information, visit (Use the "Apply for this Job" box below). .
The World Bank Group (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.
To enhance accountability and credibility, the World Bank Group has established an independent second line of environmental and social (E&S) risk oversight within its Chief Risk Officer function. While operational teams at the World Bank, IFC, and MIGA are responsible for designing and implementing projects in accordance with E&S policies, the newly formed E&S Risk Department—led by the WBG Global Director for Environment and Social Risk—oversees, monitors, and evaluates effective E&S risk management, credible complaints management and accountability mechanisms, and integrated E&S risk information systems that enable informed, transparent, and responsible decision-making.
The department is currently seeking 2 Managers to lead its E&S Risk Management units.
Overview: Under the supervision, direction and guidance of the WBG Global Director for Environment and Social Risk, the Manager is responsible for executing risk management functions to fulfill the department's mandate. This role includes both strategic leadership and operational oversight to ensure the effective management of environmental and social risks in World Bank Group operations.
- Team Leadership and Management:
The Manager will lead the E&S Risk Management team, oversee specialists and manage all aspects related to team performance, including budget allocation, staffing decisions, and work planning. S/he will also supervise a group of E&S staff, providing guidance and support in performance evaluations, onboarding, training, professional development, and handling various administrative tasks. - Oversight of Environmental and Social
Risk Management:
Key responsibilities include the overall oversight and management of E&S risks across the WBG project portfolio. S/he intervenes and collaborates with regional E&S teams to address complex and high-risk situations in portfolio projects, with the goal of managing E&S risks and monitoring that corrective actions are identified and implemented. The manager works with specialists to a) ensure proactive monitoring of E&S risks during project implementation;
b) maintain a watch list of projects under implementation; c) identify systemic issues (through periodic portfolio reviews), d) stepping…
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