Job #: req37924 Organization: World Bank Sector: Administration/Office Support Grade: GD Term Duration: 3 years 0 months Recruitment Type: Local Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Closing Date: 8/12/2026 (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, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 130 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 WBG Chief Risk Officer Vice Presidency (CROVP) 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 Treasury, the newly unified WBG Market and Counterparty Risk Department (CROMC), housed within the WBG Chief Risk Officer (WBG CRO), provides independent second line of defense oversight, assessment, and management of treasury risk across all WBG and is a valued member of ALCO. This second line of defense function strengthens the Group’s financial risk governance by ensuring that market and counterparty risks are identified, measured, monitored, and managed consistently and effectively across all WBG entities, thereby, ensuring that risk-taking activities are consistent with the WBG’s risk appetite, capital adequacy framework, and long-term financial sustainability.
The WBG Market & Counterparty Risk Department is responsible for risk oversight in the following key areas:
counterparties; and the development and reporting of counterparty credit exposures and mitigation measures, including collateral management, netting arrangements, and Credit Support Annexes (CSAs). In addition, the Counterparty Credit function provides ongoing monitoring and independent assessments to ensure counterparty exposures remain within the WBG’s risk tolerance and contribute to overall balance sheet resilience.
By maintaining rigorous oversight and consistent methodologies, the Department provides assurance to senior management, the Board, and external stakeholders that the WBG’s market and counterparty risks are prudently managed and that financial strength and integrity continue to underpin the Group’s development mandate.
CROMC seeks a highly motivated, well-organized Senior Program Assistant who will provide direct support to the Director of CROMC and ensure smooth operations of the Director’s office and the entire department through administrative and support services across various verticals of CROMC. The successful candidate must have excellent interpersonal and project management skills.
The Senior Program Assistant will be expected to handle a variety of concurrent activities and competing demands in a fluid and fast-paced environment, including the following duties:
Selection Criteria
Attention: Preference will be given to local talent, that is, applicants that are authorized to work in the duty station for any employer. Internal applicants may apply as per existing guidelines.
**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.

The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our vision is to create a world free of poverty on a livable planet.
We are not a bank in the common sense; we are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries.
Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID).
Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.