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Mar 3, 2011

WORLD BANK WASHINGTON LATEST JOB VACANCY . RECRUITMENT FOR ADVISER

JOB #    110374
JOB TITLE    ADVISER
JOB FAMILY    OTHER
LOCATION    WASHINGTON, DC
APPOINTMENT    INTERNATIONAL HIRE
CLOSING DATE    22-MAR-2011
LANGUAGE REQUIREMENTS    ENGLISH [ESSENTIAL]
APPOINTMENT TYPE

BACKGROUND / GENERAL DESCRIPTION
The Corporate Finance & Risk Management (CFR) vice presidency is the core unit responsible for providing leadership in setting risk management policy and oversight in order to ensure the Bank’s continuing financial integrity. The vice presidency is also responsible for the ongoing development of sound and effective financial policies for IBRD, including those related to management of capital and income. At last, CFR also manages the strategic planning and resource management function.
The Corporate Finance and Risk Management Vice Presidency (CFRVP) was created in June 2009 when three finance departments – Corporate Finance (CFRCF), Credit Risk (CFRCR), and Corporate Planning and Analysis (CFRPA) were re-established as a single Vice-Presidency in order to strengthen oversight of risk management and the supervision of finance activities.
CFR features three main operational units, including (i) the Credit Risk department (CFRCR), responsible for monitoring and managing credit risk of the member countries borrowing from IBRD, (ii) the Corporate Finance Department (CFRCF), which has two principle areas of responsibility, respectively (i) the market and commercial risk oversight and the management of the IBRD’s capital and earnings in line with the institution’s financial policies and development objectives, and (iii) the Corporate Planning and Analysis Department (CFRPA), responsible for aligning Bank resources with strategy and for supporting corporate performance management through expenditure analysis, monitoring, and reporting.
The CFR VP seeks an Adviser in the Front Office to assist the Vice President (VP) in monitoring cross-cutting issues of strategic importance to the VPU and the Bank, to improve communication with stakeholders, and to strengthen coordination across the finance function. The Adviser will also contribute to the development of a medium term strategy, strengthening CFR business lines, and advising on how to position the Bank on issues of risk management and overall  financial integrity.
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