Financial Risk Management Consultant, CFOFC

DEADLINE FOR APPLICATIONS

WFP celebrates and embraces diversity. It is committed to the principle of equal employment opportunity for all its employees and encourages qualified candidates to apply irrespective of race colour national origin ethnic or social background genetic information gender gender identity and/or expression sexual orientation religion or belief HIV status or disability.

ABOUT WFP

The World Food Programme is the worlds largest humanitarian organization saving lives in emergencies and using food assistance to build a pathway to peace stability and prosperity for people recovering from conflict disasters and the impact of climate change.

At WFP people are at the heart of everything we do and the vision of the future WFP workforce is one of diverse committed skilled and high performing teams selected on merit operating in a healthy and inclusive work environment living WFPs values (Integrity Collaboration Commitment Humanity and Inclusion) and working with partners to save and change the lives of those WFP serves.

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WHY JOIN WFP

• WFP is a 2020 Nobel Peace Prize Laureate.

• WFP offers a highly inclusive diverse and multicultural working environment.

• WFP invests in the personal & professional development of its employees through a range of training accreditation coaching mentorship and other programs as well as through internal mobility opportunities.

• A career path in WFP provides an exciting opportunity to work across the various country regional and global offices around the world and with passionate colleagues who work tirelessly to ensure that effective humanitarian assistance reaches millions of people across the globe.

• We offer an attractive compensation package (please refer to the Terms and Conditions section of this vacancy announcement).

JOB TITLE: Financial Risk Management Consultant

TYPE OF CONTRACT: Regular Consultant

UNIT/DIVISION: Chief Financial Officer Division (CFO) Business development and
Cash Based Transfer Branch (CFOFC)

DUTY STATION (City Country): Rome Italy

DURATION: until 30.06.2026 with possibility of extension

BACKGROUND:
Cash-based transfers (CBT) represent an increasing share of WFPs total humanitarian assistance (38 percent in 2025) and include assistance distributed as physical banknotes e-money mobile money vouchers or debit 2025 WFP transferred US$2.17 billion in 77 countries empowering them to meet their essential needs.
In support of WFPs cash-based transfers the Finance function through the Business Development and Cash Based Transfers Branch (CFOFC) continues to develop corporate tools and guidance aiming to strengthen and automate CBT operations and risk management framework. CFOFC also provides day-to-day technical advice and assistance to WFP Regional Bureaus (RBs) and Country Offices (COs) while also undertaking a range of innovative activities and staff capacity-building initiatives.

ACCOUNTABILITIES/RESPONSIBILITIES:
The Consultant will undertake the following tasks:
1. Provide guidance support trainings and technical advice to Regional Bureaus and Country Offices on CBT and related financial management processes including CBT financial risk management due diligence MIFAs FSP contracts internal control applications and other
relevant areas.
2. Actively contribute to setting standards and developing corporate strategies policies and financial risk appetites according to which WFP is expected to identify assess manage control test and oversee CBT related financial/compliance/regulatory/others of similar nature risks (CBT risks) to ensure compliance with applicable policies and best market practices including undertaking of
relevant assessment and reviews aiming at identifying procedural gaps obsolete policies and guidelines.
3. Lead on the implementation and expansion of the Cash Transfer Service (CTS) framework through active engagement with HQ cross functional CBT teams supporting Country Offices in providing CBT services to external users including designing appropriate financial model based on full cost recovery principles and WFP financial rules and regulations.
4. Provide technical including transactional level support to the RBs and COs on the CBT financial accounting and budgeting issues for CO programmes and Cash transfer services including WINGS transactional and business process requirements.
5. Support in innovative financial solutions to achieve programmatic goals develop and implement improvements to financial policies systems and procedures in order to improve efficiency and effectiveness of operations minimize risk and align services with business objectives.

6. Design implement monitor and analyze CFOFC budgets for new and ongoing projects according to the established corporate procedures and requirements including managing the CBT Special Account ensuring timely recording of Management Cost Recovery (MCR) transactions analyze Income and Expenditure and compliance with MCR framework.
7. Acquire data from primary or secondary data sources and develop financial databases reconciliations data collection systems data analytics automation and other strategies that optimize efficiency and quality of financial information.
8. Identify analyze and interpret trends or patterns in complex financial data sets integrated with operational data where required to provide insightful information.
9. Undertake and continue to revise the framework on CBT related financial risks analysis of WFP operations with an objective to help management and COs to identify and address exposure to risks collection and dissemination of lessons learnt. Engage with cross functional units on nonfinancial CBT risks.
10. To contribute and coordinate with RB/COs audit requests and on progress regarding the implementation of CBT related audit and evaluation recommendations.
11. Collaborate closely with finance units and cross-functional teams in HQ RB and field to successfully
develop the corporate CBT policies and procedures and participate in key functional and cross functional initiatives.
12. Perform other duties as required.

TRAVEL REQUIREMENTS: Yes

QUALIFICATIONS & EXPERIENCE REQUIRED:

Education:

Advanced University Degree in Finance Business Administration Accounting and related fields or first level degree in the same subject with additional years of related work experience.

Experience:

Minimum 6 years of working experience within the areas of financial
management accounting and business management using ERP/SAP systems
Applicable experience in financial risk management
In depth knowledge of WFP Finance and Programme guidance and processes and latest developments in design of Cash-based Transfer interventions
Experience in WFP Country Office and/or Headquarter with Financial
management analysis and oversight roles.

Knowledge & Skills:

Demonstrated ability to think in a strategic manner and ability to work both independently and as part of a diverse team.
Detail-oriented with the ability to synthesize large amounts of data summarize key concepts and articulate based on target audience.
Excellent communication skills both written and oral in English
Ability to draft clear concise reports on key issues and decisions within the area of responsibility.

Languages:

Fluency in oral and written English. Knowledge of other UN languages is an advantage

WFP LEADERSHIP FRAMEWORK

WFP Leadership Framework guides to the common standards of behavior that guide HOW we work together to accomplish our mission.

Click here to access WFP Leadership Framework

REASONABLE ACCOMMODATION

WFP is committed to supporting individuals with disabilities by providing reasonable accommodations throughout the recruitment process. If you require a reasonable accommodation please contact:

NO FEE DISCLAIMER

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REMINDERS BEFORE YOU SUBMIT YOUR APPLICATION

• All applications must be submitted exclusively through our online recruitment system. We do not accept CVs or spontaneous applications by email.

• If you experience challenges while submitting your online application please contact us at for technical support only.

• Please note that applications sent to this email address cannot be considered.

• We strongly recommend that your profile is accurate complete and includes your employment records academic qualifications language skills and UN Grade (if applicable).

• Once your profile is completed please apply and submit your application.

• Kindly note the only documents you will need to submit at this time are your CV and Cover Letter

• Additional documents such as passport recommendation letters academic certificates etc. may potentially be requested at a future time

• Only shortlisted candidates will be notified

All employment decisions are made on the basis of organizational needs job requirements merit and individual qualifications. WFP is committed to providing an inclusive work environment free of sexual exploitation and abuse all forms of discrimination any kind of harassment sexual harassment and abuse of authority. Therefore all selected candidates will undergo rigorous reference and background checks.

No appointment under any kind of contract will be offered to members of the UN Advisory Committee on Administrative and Budgetary Questions (ACABQ) International Civil Service Commission (ICSC) FAO Finance Committee WFP External Auditor WFP Audit Committee Joint Inspection Unit (JIU) and other similar bodies within the United Nations system with oversight responsibilities over WFP both during their service and within three years of ceasing that service.