Credit Risk Specialist - Structured Finance

Credit Risk Specialist - Structured Finance Job #: req34821 Organization: IFC Sector: Risk Grade: GG Term Duration: 3 years 0 months Recruitment Type: International Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Portuguese, Spanish, French Closing Date: 11/21/2025 (MM/DD/YYYY) at 11:59pm UTC

Description

Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works 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.

The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.

IFC is seeking a Structured Finance Credit Specialist for its Investments Credit Unit. The position is based in Washington DC, USA and will report to the Chief Credit Officer.

The Structured Finance Credit Risk Specialist will provide independent, high‑quality risk assessment and portfolio oversight for complex structured finance transactions across IFC’s global portfolio. The role combines transaction review, methodology development, and stakeholder engagement to ensure structured finance deals align with IFC’s risk appetite, financial objectives, and development mandate. This position will be based i in Washington, report to the relevant Chief Credit Officer - Structured Finance. 

Duties and Accountabilities

• Support CIRIC on the Investment Committees, Portfolio Review Committees, and on different working groups.
• Provide an objective and independent risk assessment in reviewing and monitoring complex transactions, with a focus on structured finance transactions.
• Collaborates with the IRP team on structured finance rating reviews, enhancements to the rating methodology, and related policy development. Coordinate with Credit Officers working on structured finance in various regions.
• Serves as an independent transaction risk reviewer across IFC’s investment cycle — from early review to post‑disbursement — to assess and discuss sponsor strength, market conditions, regulatory environment, transaction structure, terms, documentation, asset performance, covenant compliance, portfolio trends, ratings, and risk‑mitigation tools.
• Ensure IFC policies and best practices are applied so structured finance transactions and portfolios align with IFC’s financial and development objectives, while safeguarding clarity on IFC’s risk appetite, achieving an appropriate risk‑reward balance at the tranche and facility level, and maintaining portfolio quality.
• Identify and clearly communicate tranche‑level risks, cash‑flow performance issues, structural features, and credit enhancement opportunities to ensure full transparency and understanding throughout the approval process.
• Engage in reviews and discussions on credit standards, tranche pricing, deal acceptance criteria, and process enhancements to strengthen structured finance execution.
• Collaborate with relevant teams on portfolio monitoring and management.
• Approve initial credit and facility ratings for new transactions and periodically review portfolio ratings.
• Support knowledge management by contributing to training programs, and other initiatives that capture and share institutional expertise.

Selection Criteria

• Master’s degree in finance, accounting, business, engineering, or related field; relevant professional qualifications (e.g., CFA, FRM, actuarial, insurance).
• Minimum 8 years of structured finance experience within an international financial institution or development institution, with cross‑border emerging markets exposure.
• Comprehensive knowledge of ABS, RMBS, CLOs, CDOs, and structured finance cash‑flow modeling and structuring experience.
• Broad understanding of structured finance risk modeling tools portfolio simulations correlations and interpreting model outputs.
• Advanced skills in Excel, VBA, and SQL; proficiency in Python or other programming languages preferred.
• Proven track record in managing complex structured finance transactions across multiple regions.
• Strong interpersonal and influencing skills in multicultural, matrixed environments.
• Excellent oral and written English; fluency in [Spanish/French/Portuguese].
• Experience with private credit markets, structured credit funds, and risk transfer instruments (e.g., funded/unfunded CDOs, SRTs, covered bonds, future‑flow securitizations).
• Familiarity with regulatory frameworks in emerging markets.
• Experience delivering training on structured finance topics.

WBG Culture Attributes:

1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.

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.