Risk Management Specialist Tender, USA - 36970660

Procurement Summary

Country : USA

Summary : Risk Management Specialist

Deadline : 13 Oct 2019

Other Information

Notice Type : Tender

TOT Ref.No.: 36970660

Document Ref. No. : 1264954

Competition : ICB

Financier : World Bank (WB)

Purchaser Ownership : -

Tender Value : Refer Document

Purchaser's Detail

Purchaser : WORLD BANK GROUP
1818 H Street, NW Washington, DC 20433 USA Tel : (202) 473-1000
USA

Tender Details

Expression of Interest are invited for Risk Management Specialist.

Expression of Interest Deadline

13-Oct-2019 at 11:59:59 PM (Eastern Time - Washington D.C.)

Language of Notice

English

Selection Notice

Assignment Country

· No Countries Assigned

Funding Sources

The World Bank Group intends to finance the assignment/services under:

· BB - BANK BUDGET

· TF0A9871 - Myanmar Banking Sector - DFID

Individual/Firm

The consultant will be an individual.

Assignment Description

SELECTION FOR CONSULTANTS BY THE WORLD BANK GROUP

REQUEST FOR EXPRESSIONS OF INTEREST

Electronic Submissions through World Bank Group eConsultant2
https://wbgeconsult2.worldbank.org/wbgec/index.html

ASSIGNMENT OVERVIEW

Assignment Title: 1264954 - Risk Management Specialist

Assignment Countries:
- (countries have not yet been selected)

ASSIGNMENT DESCRIPTION

Objective

The objective of FIGs Risk Management Advisory Program is to provide financial institution (FI) capacity building services and dissemination of best practices to strengthen risk management capabilities in Banks, NBFCs and MFIs. The program takes a holistic approach by focusing on all aspects of sound strategy and risk management including risk governance, market risk, liquidity risk, credit risk, operational risk, asset liability management, and capital adequacy. Through its projects, the program aims to demonstrate that growth and resilience to crises requires implementation of better strategy and risk management systems and processes.

Duties / Accountabilities:

IFC is seeking to recruit a highly-motivated Risk Management Consultant to support the Banking Risk Management Advisory team within the Financial Institutions Group.

The Consultant will design and manage projects related to the implementation of risk management practices across regions. He / she will work closely with global/regional specialists and regional teams supporting strategic client banks to identify areas for improvement and establish and implement projects to build capacity across the risk function. The Consultant will lead the development of relevant tools and materials that contribute to the risk management product offering and are able to be implemented within client projects. This will broadly cover the following areas:

Risk Governance: design risk management framework, Board and Management risk oversight, risk strategy, risk appetite, role of CRO, policies, reporting, training etc.
Internal Capital Adequacy Assessment (ICAAP): capital measurement methods, models, projections, stress testing, policy, procedures, risk based pricing, capital allocation, RAROC models.
Credit Risk: risk department function, lending process reengineering, credit risk policies and procedures, risk rating and scoring methods, portfolio management and reporting tools, stress testing, calculating credit risk capital including probability of default models, non-performing loan management, provisioning, analytics and reporting.
Market Risk and Asset Liability Management (ALM): risk department function, ALCO oversight and reporting, trading and banking book risk measures (interest rate, FX, liquidity etc.), policies, limits, risk capital calculations, treasury operations, funds transfer pricing, analytics and reporting.
Operational Risk: operational risk function, policies and guidelines, methods and tools including: risk control self- assessments, key risk indicators, loss data event capture and analysis, risk registers, business impact analysis, risk capital calculations.

The Consultant will work closely with the global specialists and FIG region advisory services. He/ she will lead the support of existing Risk Management portfolio clients and expand the new client base in the region as needed. He/she will also support the knowledge and learning agenda for risk management in partnership with the global team including risk management training to current advisory staff at the regional level.

The Specialist will be expected to spend the bulk of his/her time working on large scale risk management project implementations, but he/ she should plan on contributing his/her time to the global learning agenda and developing relevant tools and materials to be used in client projects and practice group knowledge management.


FUNDING SOURCE

The World Bank Group intends to finance the assignment / services described below under the following:
- BANK BUDGET
- Myanmar Banking Sector - DFID

ELIGIBILITY

Eligibility restrictions apply:
[Please type list of restrictions]

INDIVIDUAL / FIRM PROFILE
The consultant should be an individual.

SUBMISSION REQUIREMENTS
The World Bank Group now invites eligible consultants to indicate their interest in providing the services. Interested consultants must provide information indicating that they are qualified to perform the services (brochures, description of similar assignments, experience in similar conditions, availability of appropriate skills among staff, etc.). Please note that the total size of all attachments should be less than 5MB.

Interested consultants are hereby invited to submit expressions of interest.

Expressions of Interest should be submitted, in English, electronically through World Bank Group eConsultant2 (https://wbgeconsult2.worldbank.org/wbgec/index.html)

NOTES
Following this invitation for Expression of Interest, a shortlist of qualified firms will be formally invited to submit proposals. Shortlisting and selection will be subject to the availability of funding.

Attachments

· Optional TOR File

Shortlisted consultants will be invited to respond to a Request for Proposal. Contract awards will be made in accordance with the World Bank Group Procurement Policies and Procedures.

Documents

 Tender Notice