Senior Program Assistant

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Company: The World Bank Group

Location: Washington, DC 20011

Description:

Senior Program Assistant

Job #:
req31962

Organization:
World Bank

Sector:
Risk

Grade:
GD

Term Duration:
4 years 0 months

Recruitment Type:
Local Recruitment

Location:
Washington, DC,United States

Required Language(s):
English

Preferred Language(s):
English

Closing Date:
3/6/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty and promoting shared prosperity. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.

The Chief Risk Officer (CRO) Vice Presidency (VPU) of the World Bank is the core unit responsible for institutional risk oversight, including establishing risk policies and guidelines, conducting risk assessment, and monitoring and reporting to the Board and executive management. Its mission is to enable and support the institution to achieve its development goals in a financially sustainable manner. The VPU assists management in identifying and managing group-wide cross-cutting risks, enhancing risk response decisions, reducing financial and operational surprises and losses, and seizing opportunities and improving efficiency in the deployment of capital. The CRO Vice Presidency comprises three Departments: 1) Credit Risk (CROCR); 2) Market & Counterparty Risk (CROMC), and 3) Operational Risk (CROOR).

The Credit Risk Department (CROCR) ensures that the Bank's credit risk exposure is commensurate with the risk appetite of stakeholders, consistent with IBRD and IDA's triple-A credit rating requirements and strikes the appropriate balance between development and financial sustainability objectives. The department manages the country credit risks inherent in IBRD and IDA's loan and guarantee portfolios, which is the most predominant risks on IBRD and IDA's balance sheets given the World Bank's development mission. The department also manages IBRD and IDA's Capital Adequacy Frameworks. CROCR's core functions include, among others: (1) Assessing sovereign credit risks for all IBRD and IDA borrowers, including assigning internal credit ratings and assessing country creditworthiness which determines eligibility for IBRD loans; (2) Establishing prudential country credit risk management policies and ensuring consistency of country lending plans with risk policies and capital adequacy through the country exposure management framework; (3) Monitoring countries that are vulnerable to crises, including payment arrears to the World Bank; representing the Bank in engaging with the Paris Club of official bilateral creditors; (4) Ensuring IBRD and IDA are adequately provisioned for loan losses, in line with US GAAP accounting standards; (5) Managing IBRD and IDA's Capital adequacy Frameworks in line with shareholder risk appetite and with triple-A rating standards; (6) Monitoring IBRD and IDA's capital adequacy, including performing stress testing, and reporting to the Board; and (7) Developing and managing different risk-transfer mechanisms, including new innovative instruments, to enable an increase in the Bank's financing headroom.

(This will be a four-year term position. Staff who are already on Open-ended contract will retain Open-ended terms.)

Job Description

The Department is looking for an experienced, energetic, resourceful, and tech-savvy Senior Program Assistant to provide administrative support to the Director and assist with the Department's knowledge management work. The Senior Program Assistant will report to the Director, Credit Risk Department, and have the following main responsibilities:
Provide administrative support to the Director, including managing the Director's calendar and internal and external meeting requests, arranging travel logistics, managing recruitment process (scheduling shortlisting committee meetings and interviews, etc) and STC contract for any position chaired by the Director, coordinating with Corporate Secretariat and other offices for schedules of relevant Board meetings and managing Board paper submissions, and organize department meetings and team-building events.
Manage the department's intranet web site and play an active role in coordinating the department's knowledge management activities, such as ensuring relevant documents are well managed and easily retrievable, arranging knowledge management activities, such as onboarding, BBL and other learning events, and facilitating the usage of latest technology to enhance department efficiency and staff productivity. Help with document and powerpoint formatting when needed to ensure a polished look.
Handle the department's PCard and EventCard in accordance with the World Bank's policies and guidelines. Process PO and vendors' payments. Assist in the monitoring of the unit's budget, ensuring accurate recording of expenses and adherence to policies, identifying problems and discrepancies and actively pursuing solutions. Act as the unit's TRS and LARS Coordinator.
Lead and coordinate the ACS team in the department to ensure proper back-up arrangement and smooth collaboration.

Selection Criteria
High school diploma with at least 10 years of relevant experience, or equivalent combination of education and experience. Bachelor's degree is preferred. Academic or professional background in areas such as knowledge management, information management, communications, and technology would be a plus.
Strong knowledge and understanding of the World Bank administrative procedures and processes.
Tech savvy with experience with adopting the latest technology solutions to promote efficiency and productivity.
High degree of motivation, flexibility, reliability, and ability to handle concurrent tasks simultaneously. Excellent organizational, administrative and time management skills with proven ability to work quickly and efficiently under time pressure to successfully deliver urgent tasks.
A proactive, resourceful, and pragmatic problem-solver. Attention to details.
Strong team player and excellent interpersonal, communication and diplomacy skills to interact tactfully with people at all levels. Collaborate within team and across boundaries. Ability to handle sensitive and confidential information with discretion.
Proven personal ethics and integrity, sound judgment and resourcefulness. A self-starter with positive attitude.

This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.

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