E T Consultant - Business Integrity, Washington, DC

E T Consultant - Business Integrity

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.

The WBG Business Integrity Office (BIO) seeks an Extended Term Consultant (ETC), for an initial period of one year, to support a strategic project in updating the WBG’s group-wide approach for managing business integrity and financial crime risks. This is a Headquarters (HQ) ETC appointment.

Anticipated Work Program

The ETC is expected to be requested to support the following:

• Supporting an updated WBG-wide mapping of how business integrity controls are currently operationalized across member entities, which may include, at a minimum, inventorying and reviewing documentation, interviewing stakeholders, preparing report narratives, and preparing workpapers.
• Supporting internal discussions on the design of a proposed group-wide target operating model (TOM) for managing business integrity and financial crimes risks, which may include developing a proposed policy and procedure architecture, centralizing research and screening functions, and updating an oversight and monitoring program, among others.
• Drafting updated policies and procedures, which may include second-line owned group-wide policies and first-line operational procedures within member entities.
• Supporting interim harmonization activities across private-sector operations which may include: (i) aligning management information reporting practices, (ii) developing and implementing work plans to design and implement program standards, (iii) drafting and seeking stakeholder feedback on policies and procedures, among others, and (iv) advising operational units on programmatic standards.
• Supporting the Global Head, Business Integrity and Global Lead, Business Integrity Program Transformation, as needed with project management, reporting, and any other program-related tasks or requests as they arrive.

Selection Criteria

The ETC is expected to have the following experiences and skills:

• Bachelor’s or Master's degree in a related field and at least 5 years of relevant experience.
• Experience in conducting or leading financial crime risk assessments for regulated financial institutions and/or development finance institutions (DFIs)
• Experience in drafting and developing anti-financial crime policies and procedures for regulated financial institutions and/or development finance institutions (DFIs)
• Expertise in financial crime risk management, including at a minimum anti-money laundering and counter-terrorism financing, but with preference for experience with anti-fraud and anti-bribery and corruption, as well
• Experience working within a leading consulting firm or within the anti-financial crimes department within a leading financial institution, with preference for additional experience within a supervisory agency and/or internal audit/auditing firm
• Knowledge of international standards – such as those produced by the FATF – and industry practices with respect to know-your-customer (KYC) programs and financial crime risk management
• Fluency in written English

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

As per WBG policy, an Extended Term (ET) appointment is subject to a lifetime maximum of three (3) years. Former and current ET staff who have completed or are in the process of completing their third-year ET appointment are not eligible for future ET appointments.

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.