Deputy Chief Risk Officer

  • Senior-level, Full-time staff position
  • Posted on 28 October 2024

Job Description

About Us: U.S. International Development Finance Corporation (DFC) is America’s development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.

Why DFC? As part of our team, you’ll apply your talents to projects with global reach, helping to move markets and improve lives. We are on the lookout for individuals with the brightest minds, ready to bring innovative ideas and bold approaches to support our mission. By joining DFC, you’ll contribute to advancing global development and U.S. foreign policy while working on collaborative projects that enhance private-sector investment in areas like climate action, healthcare, gender equity, and digital connectivity.

Our Culture: DFC is committed to keeping our mission at the heart of what we do. Our team comprises some of the brightest minds in government, and we pride ourselves on being a place where diverse talent can thrive. We value different perspectives and abilities and are dedicated to tackling big challenges with resourcefulness and an inclusive entrepreneurial spirit.

About the role:

As the Deputy Chief Risk Officer you will serve as the alter ego to the Chief Risk Officer and fully share the direction of all phases of the Office of the Chief Risk Officer’s programs and assist with the formulation and implementation of major DFC policies, activities, and objectives.

What you’ll do:

1. Serves as the alter ego to the CRO and fully shares the direction of all phases of the Office of the Chief Risk Officer’s programs and assists with the formulation and implementation of major DFC policies, activities, and objectives.

2. Supports the CRO in coordination with the Audit and Risk Committees of the DFC Board of Directors to help develop, implement and manage a comprehensive process for identifying, assessing, monitoring and limiting risks to the DFC, including the overall portfolio diversification of the DFC.

3. Assist the CRO with forecasting DFC’s risk management needs and overseeing the development and implementation of an Enterprise Risk Management program and an integrated risk management framework for the DFC.

4. Compares existing DFC program-level risk-management practices against public and private sector “best practices”, including those of other international development finance institutions, to propose and implement improvements, as needed. Develops plan to further formalize risk management practices across the DFC. Reviews existing program level risk reporting and works to enhance where necessary. Promotes a best-practice risk-management culture at the DFC commensurate with the development and foreign policy mandate of the agency.

5. Leads multiple projects simultaneously and directs, supervises, and participates in the preparation of briefing materials, issue papers, memoranda, reports, and studies. Develops DFC-wide risk reports, including risk assessments.

6. Provides management with quantitatively and qualitatively rigorous analyses on key risks including financial risk management, credit, market, liquidity, operational, governance, information technology, and reputational risks.

7. Collaborates with the other offices within the DFC in the development of policies, proposals, reports, briefings, and other assignments, and, as appropriate, in administrative, staffing, and budgetary matters.

Experience we’re looking for:

A. One year of specialized experience equivalent to the GS-14 grade level in the Federal service that demonstrates your ability in all of the following:

1. Experience with and/or working knowledge of international affairs.

2. Experience working with financial, credit, market, and liquidity risk for an organization.

3. Experience supervising a team, to include managing the performance process for subordinates.

4. Experience managing the personnel, budgetary, and hiring or the administrative activities for an organization.

Requirements:

  • Must be a U.S. Citizen or National
  • Males born after 12-31-59 must be registered for Selective Service
  • Must submit resume and supporting documents (See How To Apply)
  • Suitability for Federal employment, as determined by a background investigation
  • May be required to successfully complete a probationary period
  • Selection may require completion of a one-year supervisory or managerial probationary period unless met during prior Federal service
  • Within 30 days of your start date, you will be required to file a Confidential Financial Disclosure Report (OGE Form 450)
  • Must be able to obtain and maintain a secret/top-secret security clearance

How to Apply: To apply for this position, you must review the job announcement and complete the online application through USAJOBS. The complete application package must be submitted by 11:59 PM (EST) on the closing date to receive consideration.

Benefits: As a DFC federal employee, you will enjoy a comprehensive benefits package that supports a healthy work-life balance. Benefits include Paid Vacation & Leave Programs, Federal Employee Health Benefits, Life Insurance, Retirement and Savings Plans, Subsidies for Transit and Childcare, an On-site Fitness Center, and a host of Work-Life Balance programs designed to support your professional and personal growth.

We look forward to your application and the potential of you joining our dynamic team at DFC!

The United States government does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service or other non-merit factor.

About the Organization

U.S. International Development Finance Corporation (DFC) is the U.S. Government's development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest in projects that create jobs in emerging markets in sectors including energy, healthcare, critical infrastructure, telecommunications, and financing for small businesses and women entrepreneurs. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.

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