IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
We utilize and leverage our products and services—as well as products and services of other institutions in the World Bank Group—to provide development solutions customized to meet clients' needs. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and political challenges.
Clients view IFC as a provider and mobilizer of scarce capital, knowledge, and long-term partnerships that can help address critical constraints in areas such as finance, infrastructure, employee skills, and the regulatory environment.
IFC is also a leading mobilizer of third-party resources for its projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources.
For more information, visit www.ifc.org
Find in-depth information on careers with IFC and related cinfo's support on cinfo.ch: Visit the organisation's profile
DescriptionIFC 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.orgThe ESG Sustainability Advice and Solutions Department (CEG) includes approximately 300 staff and consultants, 70 percent of which are deployed across IFC's regions of operations, and who work to deliver on two themes of the department strategy: • Developing ESG solutions for clients, partnering with industry to manage ESG risks and address common issues; • Leveraging ESG expertise and operational experience in emerging markets to maintain IFC's leadership in sustainability through ESG standards – the Environmental and Social Performance Standards (PSs) and the Corporate Governance (CG) Methodology. CEG supports IFC's investment, advisory and upstream departments to manage ESG risks associated with their activities and find solutions to client issues on the basis of our Environmental and Social (E&S) Performance Standards (www.ifc.org/performancestandards) and the Corporate Governance Methodology (www.ifc.org/corporategovernance). CEG works in close collaboration with the E&S Risk and Policy Department (CES), IFC's investment departments and the Legal Department. CEG further leverages this expertise and operational experience in emerging markets to encourage the effective adoption of these standards by companies and investors across emerging markets. More details can be found at www.ifc.org/sustainability.CEG is looking for a motivated and detail-oriented senior professional with experience in assessing labor and supply chain risks of IFC direct investment projects across regions and sectors (e.g., in the mining, manufacturing, infrastructure, agribusiness, health, education and tourism, retail and property sectors) and/or investments through financial intermediaries (e.g., banks, private equity, and capital markets investors). This strategic senior resource is being located in Paris to (i) support global and regional client companies that are located in the region; (ii) support IFC's sustained dialogue with ILO, international unions and civil society organizations on labor and supply chain issues and IFC's efforts in projecting our thought leadership – by working with think tanks and other regional and global agencies on the nexus of labor and supply chain management and core themes such as climate financing, green infrastructure, gender, etc. and (iii) to fill a global position to support regional and industry teams in business development and with de-risking projects.The senior level Specialist will provide expert guidance to IFC E&S specialists on labor and working conditions risks and management, including supply chain risks and management, in accordance with IFC Performance Standards. Additional tasks will include portfolio review, staff and consultant training, good practice/lessons learned identification and dissemination, engagement with relevant international organizations, contextual analyses, and trend analysis at a sector level. The Senior E&S Specialist will report (direct report) to CEG's Chief Environmental Specialist who manages CEG's global E&S transaction support group and will work closely with CEG Sector Leads and will coordinate with other relevant specialists deployed in the regions, ensuring consistency of approach. Duties and Accountabilities:• Provide senior specialist support to CEG sector leads, project lead E&S specialists and teams, globally, on assessment of labor and working conditions related issues and risks of proposed investments and advisory projects against the requirements of PS1 and PS2;• Advise on structuring appropriate mitigation measures and contractual requirements to promote client action to address labor risks and impacts in a timely manner;• Support global and regional client companies that are located in the region and work as senior labor specialist on high-risk projects, supporting the Lead E&S Specialist;• Advise CEG regional team leads, E&S specialists and project teams on portfolio monitoring by reviewing client reporting, client's E&S monitoring reports (and supporting documentation) and performing periodic analysis of IFC's portfolio. Advise project teams on developing proposed corrective action plans and follow up on associated commitments as relevant;• As needed, participate in calls, conduct desk reviews of material provided by clients and/or IFC specialists (e.g., environmental and social impact assessments and management plans, human resources policies and procedures, labor grievance mechanism, collective bargaining agreements, retrenchment plans, employment contracts, supply chain management systems, etc.), and undertake visits of projects and clients in the context of E&S due diligence and supervision of projects;• Senior review/contribute to internal E&S documentation relevant to management of labor and working conditions of projects to enable IFC's decision making, attend internal meetings and coordinate with internal stakeholders as required;• Support CEG accountability lead and project teams in developing solutions and responses to CAO and non-CAO cases on labor and working condition issues, advise on relevant communications with other external stakeholders, including civil society organizations and community complainants, follow up on commitments related to complaints response, and contribute to the mainstreaming of the grievance function for IFC on labor and supply chain related issues;• Support IFC's efforts in projecting our thought leadership – by working with think tanks and other regional and global agencies on the nexus of labor and supply chain management and core themes such as climate financing, green infrastructure, gender, etc.• Lead the identification, development and dissemination of knowledge, lessons learned, international good practices on trends, case studies and good practices and support other research needs in connection with pipeline and portfolio projects, labor and supply chain management, and other relevant issues arising under IFC's Sustainability Framework and IFC's E&S procedures. • Contribute to the preparation, update, review of policies and procedures, knowledge products and tools produced for both internal and external consumption, consistent with IFC's Sustainability Framework;• Develop and implement training and capacity building programs for IFC's staff and consultants for key themes, including labor review and audits, supply chain risks, labor management, worker's rights, etc. Selection Criteria• Advanced degree in labor law, human resource management, industrial relations or other relevant discipline;• Minimum 12 years of experience globally, directly related to management of labor and working conditions and supply chain aspects including for complex projects in emerging markets, and working with business, civil society and government on issues related to labour rights, human rights and ethics in global supply chains;• Demonstrated experience and in-depth understanding of supply chain issues, including issues around human rights (child and forced labour) as it relates to the PSs and Supply Chain Management requirements of the PSs. Experience in conducting human rights impact assessments a plus.• Demonstrated experience in labor assessments, audits, and industrial relations of private sector companies in agribusiness, infrastructure and manufacturing projects to identify potential risks and issues and advise on mitigation measures and possible pragmatic solutions in accordance with international standards related to labour and working conditions. • Direct experience with the application of IFC PS2 and/or Good International Industry Practices and standards (e.g. International Labour Organisation Conventions) is required;• Track record conducting interviews and face-to-face engagements with workers, workers' representatives, unions, human resources management, and other relevant stakeholders in emerging markets, and experience globally is required;• Fluency in English is required with ability to communicate ideas clearly and confidently, articulate issues and recommend solutions. Other language skills, such as Spanish, French or Portuguese, a plus;• Strong analytical skills, ability to think strategically, analyse and synthesize diverse information sources, and draw conclusions from sometimes limited data;• Pragmatic, solution-oriented, problem solver with a high degree of responsiveness and proactivity, coupled with the ability to recognize when a solution is not available; and,• Excellent interpersonal, listening and communication skills and ability to work effectively as a member of a multi-disciplinary, multi-cultural team. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFC 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.To identify project opportunities for IFC in the Jakarta and bolster our market presence, IFC is currently seeking an experienced Senior/ Country Officer to be based in Jakarta Roles and Responsibilities:The Senior/ Country Officer will be responsible for developing and managing strategic relationships with government and private sector partners, with the objective to develop a strong pipeline of investment and advisory opportunities for IFC. • Proactively engage with clients and stakeholders with a focus on demonstrating and delivering IFC's value-add, optimizing risk-return profile and development impact of IFC's investments as well as exploring future business opportunities. • Work closely with industry teams (including investment and Upstream & Advisory) on business development engagements with the public and private sector in Indonesia. Use analytical, financial, credit, and integrity assessments to identify bankable projects with sustainable development impact.• Cultivate and maintain senior-level relationships with key private sector stakeholders in Indonesia. Participate in the creation of sector interventions and client engagement plans for IFC's strategic clients.• Develop and maintain relationships with key government and public sector stakeholders in Indonesia, and forge partnerships in areas of strategic priorities to IFC.• Collaborate closely with World Bank colleagues and other relevant institutions.• Coordinate closely with global colleagues, social, environmental, and technical assistance colleagues to add value to our client's businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact.• Organize and attend events and make presentations about IFC at relevant meetings and conferences to promote IFC in Indonesia. The Senior/ Country Officer will gather market intelligence, and analyze strategically important portfolio trends, and emerging risks and opportunities; providing insight on economic, political and commercial issues ongoing in Indonesia:• Enable investment teams to identify integrity issues, devise appropriate investment structuring, and inform them adequately in the management of portfolio projects.• Support development and preparation of country strategies and input into internal briefing, strategy and communication materials; and input on both IFC and World bank project documentation• Identify needed market and regulatory reforms and provide strategic input into "upstream" initiatives that create, deepen, and expand markets, and require the imagination, design, and implementation of investment projects. • Engage with World Bank colleagues to support co-ordination of activities and where possible to create synergies in program operations that will for amplified impact.The Senior/ Country Officer will support the Country Manager to facilitate and coordinate operations and IFC physical assets in Indonesia.• Act as delegated official in the absence of the Country Manager• Manage inward and outward visits from senior IFC Management• Co-ordinate meeting agenda and supervise preparation of briefing materials• Supervise small team of administration professional and contracted service providers (drivers, security etc)• Mentor and coach more junior team members and help provide leadership in actively managing the portfolio and client relationships.• Oversee the maintenance of IFC's physical office (including as required renovations thereto) to allow for continued program delivery• Advise Country and Regional Management on any changes in policy that may affect IFC's status in Indonesia or impact on the well being of IFC staff Selection Criteria• Master's degree in a relevant field. • Minimum 12 years of relevant professional experience in investment services and financing activities; Proven track record of sourcing, structuring, and closing investments across sectors.• Demonstrated network and proven business development and client relationship skills and ability to interact directly with senior management (chairman / CEO) of clients in Indonesia required• Relevant networks and contacts in national and local government in Indonesia desired.• Knowledge and understanding of IFC or a comparable development financial institution an advantage• Deep understanding of Indonesia's business, economic and political context• Demonstrated business acumen with ability to identify and position investment opportunities• Ability to tap into and leverage resources with expertise in sectors and industries, including risks, market dynamics, and regulatory structures. Able to read and anticipate shifts in market trends and the implications for IFC's current and future business.• Strong strategic mindset with ability to identify and promote projects and programs, internally to a range of business units and externally to a diverse set of stakeholders, that will amplify IFC's impact over the medium term• Capacity to lead negotiations that find common interests upon which to build and result in viable agreements among clients and different stakeholders who initially had conflicting agendas. Ability to offer alternative solutions to capitalize on opportunities and overcome impasses.• Strong interpersonal and teamwork skills and ability to lead diverse teams and deliver high-quality products. • Fluency in spoken and written English and in Bahasa Indonesia is required World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFC 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.The Financial Institutions Group (FIG) is one of the major industry groups at IFC, responsible for managing roughly 40% of IFC's overall business in terms of volume and capital at risk. FIG engages in a wide range of sub-sectors, including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, Payments, fintech, and other areas, with both investment and advisory services delivered to IFC's clients through IFC's global network. IFC's priorities in FIG as an industry group are: (i) grow investment and advisory solutions in all regions it operates while achieving strong profitability and development impact; (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients; (iii) manage a portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products, and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through upstream and downstream interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.DUTIES AND ACCOUNTABILITIES • Create new high-level relationships (CEO and other C-suite levels) with large corporate clients having a global, regional, or cross-sector scope for cutting-edge opportunities that may not fully take shape in the short term (e.g., within one year).• Define market creation opportunities, joint IFC/WBG interventions, required steps, and appropriate timelines for interventions and engagements to reach market potential and take a sector to the next level.• Develop and implement a sector vision, strategy, and corresponding business growth plan (for investment and advisory services) of targeted sector accomplishments.• Develop, lead, and coordinate implementation of a business development strategy for a sector, product, or region to catalyze private sector investment and open new markets, which includes defining target clients, business development priorities, required actions, and appropriate timeline for IFC interventions and engagements to reach market potential.• Establish and implement a strategy for elevating IFC's presence, voice, and influence in global markets to mobilize investments and funding.• Lead regular sector reviews that examine sector portfolio performance, pipeline, how business is growing compared to targets, and market trends to assess the impact on IFC's pipeline, program, and portfolio. Share findings with relevant decision makers (top management, board members, high-level stakeholders) and WBG colleagues on sector implications of regional and global market trends and changing business opportunities.• Lead upstream market creation approaches or interventions for a sector, product, or region, which includes engaging with senior management across the WBG and government officials at the minister level on needed market and regulatory reforms, particularly in the most challenging IDA and FCS countries.• Oversee or supervise assigned staff and consultants.• Develop assigned staff and broader team members through mentoring, coaching, providing on-the-job learning opportunities, and designing and delivering internal learning opportunities.• Ensure quality control of work products.• Ensure effective and efficient use of resources.• Proactively support business development efforts of country teams, which include identifying strategic and top-tier clients, globally and regionally; leading relationship management for a few strategic and top-tier clients; and ensuring new deals within the sector are ready for investment committee reviews.• Lead the processing of select highly complex or strategically important transactions in the sector and leverage relationships to remove barriers encountered by teams.• Serve as a corporate resource in leading multidisciplinary teams to develop leads into new deals that effectively balance IFC's additionality, financial risks and rewards, sustainable development impact, and opportunities for innovation and scalability.• Work with portfolio managers and CSO to address emerging risks in sector portfolio and to capture learning that can translate into improved structuring of future sector business. Selection Criteria• Master's degree in a related field and at least 10 years of experience. Related fields of education include business, finance, or economics or an area of expertise specific to a sector, subject matter, or industry specialty. Relevant experience could include a proven track record in business consulting, investment banking, or operational experience in the sector or technical or professional field.• Fluency in English, both verbal and written skills.• Proficiency in Spanish Required. World Bank Group Core CompetenciesThe 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.
DescriptionIFC 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.Infrastructure is one of IFC's strategic priorities. IFC's Infrastructure department supports the World Bank Group's aim of improving access to efficient, reliable and affordable infrastructure for the poor in emerging markets. IFC's Telecom, Media, and Technology (TMT) Investments group within the Infrastructure Department, invests in private sector companies across various TMT sub-sectors. The selected candidate will have the opportunity to primarily work on leading TMT investment activities across the Latin America and Caribbean (LAC) region, reporting to the LAC Infrastructure New Business Manager. The group has a track record of successful investments in mobile telephony companies, submarine cables, broadband networks, independent tower companies, and data centers.IFC's Latin America Infrastructure department is looking to recruit a Principal Investment Officer to lead IFC's efforts in the TMT sector in this region. DUTIES AND ACCOUNTABILITIES:• Develop and lead the implementation of the strategy for the digital, telecom, media and technology (TMT) sector in Latin America in coordination with the global digital/TMT team. • Together with the regional leads, coordinate business development efforts in the TMT sector across the region, focusing on generating leads and mandates.• Build and manage relationships with strategic and top tier clients and stakeholders in the TMT sector across the region.• Lead the execution of transactions in the sector and provide expert advice to investment teams.• Together with the upstream unit, work on identifying and prioritizing upstream leads across the region.• Work with portfolio managers and CSO to address emerging risks in sector portfolio and to capture learning that can translate into improved structuring of future sector business.• Develop and maintain relationships with potential and existing clients and other stakeholders (government, technical partners, other multilateral institutions and commercial banks working in the region, WBG, etc.) with the objective of developing business opportunities.• Support the World Bank Group's Digital Infrastructure Initiative, which aims to increase internet access in under-served regions across emerging markets. Participate in the design of approaches and interventions to create upstream markets and provide substantive input to key components of Country Private Sector Diagnostics• Attend and participate as speaker in industry conferences. Selection Criteria• MBA or equivalent qualification.• At least 12 years of relevant experience in the financial sector, preferably in an investment related function with a proven track-record of sourcing and closing deals. Project and corporate finance experience required. Experience in equity investments preferred.• Knowledge and track record sourcing and closing deals in the TMT sectors. Knowledge of other core infrastructure sectors is desirable (energy, water, transport, etc).• Ability to lead complex transactions, lead discussions with credit, E&S, and other internal critical functions, and mobilize IFC resources to deliver solutions to clients in a timely manner.• Proven record developing and managing high-level client relationships. Ability to interact directly and independently with technical partners, and senior government officials.• Sound business judgment in identifying potential business partners.• Strong financial and credit skills; demonstrated ability to work with a variety of complex financial instruments (corporate and project financing, mezzanine financing, and equity).• Outstanding written and verbal communication skills. Ability to describe highly complex issues, approaches, and lessons in a manner that is relevant and understandable to clients/stakeholders.• Provide quality control for complex or sensitive written work.• Genuine commitment to sustainable development.• Willingness to travel extensively.• Excellent verbal and written communication skills in English and Spanish. Ability to describe complex issues, approaches, and lessons in a manner that is relevant and understandable to clients/stakeholders. Fluency in Portuguese is a plus. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFC 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.Climate action is at the core of IFC's business. In fiscal year 2023, IFC delivered 46% in own-account climate finance and mobilized $6.8 billion for climate. The World Bank Climate Change Action Plan (2021 – 2025) outlines the institutions collective response to align financial flows with the goals of the Paris Agreement (referred to as "Paris Alignment"). The Agreement explains the need to hold the increase in the global average temperature to well below 2°C above pre-industrial levels and pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels. Per the Action Plan, IFC has committed to align 85% of new operations with the goals of Paris Agreement by July 1, 2023, and 100% of these by July 1, 2025 and to achieve at least of 35% of its investments in climate positive activities.As part of the IFC, the Climate Business Department (CBD) works across the organization and beyond to implement the Climate Change Action Plan and to deliver on Paris Alignment. CBD is responsible for among other things, supporting IFC investment and advisory teams to identify and account for climate investments, track committed climate finance, partner across the institution on the IFC's Labeled Bond Program (Green, Blue, Transition), develop analytical tools, lead climate risk management, and develop thought leadership via publications and external partnerships. This is all to help scale IFC climate impact and guard against greenwashing.CBD is seeking an Operations Officer to support the department in the development of climate-focused training courses (such as, Paris Alignment, Sustainability-Linked and Green Finances, Decarbonization, Transition Finance) using inputs from specialists across IFC industry teams. The position will be based in Washington DC and will report to a CBD Global Head of Learning and Inclusion under the direct supervision of the Principal Investment Officer. The selected candidate will lead the creation of knowledge and learning infrastructure for corporate wide climate knowledge and learning and particularly for the thematic, cross-sectoral areas of focus for CBD (decarbonization, labeled bonds, EVs, carbon, circular economy etc). The candidate will take a leadership role in helping the department to roll out multiple internal and external capacity building programs while also supporting upstream climate business-related markets development across thematic areas to mobilize more private capital. S/he will also support action research and just-in-time training on topics such as carbon pricing, climate risk, and impact measurement. S/he may also be called to implement partnerships with external learning institutions. Duties and AccountabilitiesAccountabilities may include but not be limited to the following. Other ad-hoc responsibilities may be added by the Climate Director and Global Head of Learning as needed. Provide effective Knowledge and Learning (K&L) SolutionsLead the Climate K&L and internal communication agenda tailored to specific needs of staff across the Climate Business Department Industry Sectors, and broader IFC including:• Develop, enhance, and implement a new Climate K&L strategy/plan, coordinating with the Climate Business leads and industry anchors for ongoing feedback, and implementation.• Implement and strengthen Climate K&L practices including knowledge capture and retention, as well as expertise development and learning for Climate. • Provide specialized services to support knowledge sharing and collaboration across Climate Business /IFC teams, including facilitating engagement workshops, after-action reviews, supporting communities of practice, lessons capture, and knowledge sharing (internal and external). • Deliver the Monitoring & Evaluation framework and report to measure the Climate K&L plan progress.• Ensure that relevant Climate knowledge is shared with newly appointed WBG/IFC leaders in a timely manner.• Manage the update of the department's learning curricula and coordinate the delivery of onboarding/learning activities, including design of new face-to-face and online learning events (including self-paced online learning, short videos, job-aids, resources, etc.).• Manage procurement and payment of knowledge/learning activities and vendors.• Lead execution of multi-modal and/or multi-location Climate knowledge sharing events to facilitate the understanding of Climate concepts and related content, share findings, lessons learned, etc., through formats such as sector days, Climate Knowledge Forum, BBLs, workshops, clinics, webinars, and conferences. Work in close collaboration with subject matter experts, GKLO, KM officers in other Industry Groups, and World Bank to deliver successful learning sessions.• Coordinate clearance and submission of Climate Lessons and other innovative climate business resources for public disclosure. Manage Climate's lessons library. Ensure that Climate related lessons and knowledge are shared with WBG operational staff, development partners, and other external stakeholders.• Work with Climate/Industry teams to define and capture relevant lessons from processes and experiences and provide advice on creation and dissemination of knowledge products (including reports), project best practices, lessons learned, learning events, guidance documents, etc. and leverage opportunities to showcase knowledge created through a variety of channels. • Review the current intranet, and extranet sites, and work in coordination with corporate communications and CIT teams to define requirements and update/maintain sites as needed.• Support dissemination of Climate knowledge, best practices and lesson learned across IFC and WBG, managing the production of internal Climate newsletters, in coordination with corporate communications.• Actively participate in World Bank Group KM community to ensure collaboration and knowledge exchange with the industries, regions, IBRD, and MIGA Effectively oversee the Climate Knowledge and Learning Team, including: • Manage K&L Team budget and staffing (mostly consultants).• Oversee work assignments and provide ongoing feedback to ensure high quality delivery.• Coach and mentor team members and provide constructive feedback.• Promote team cohesion and effective and clear communication.• Assess challenges and opportunities for team members and teamwork program and partner with team members to develop creative, client-focused solutions. Support the Climate Department on any other initiatives to grow the climate business• Coordinate with the Climate business leads/network, IFC IT and data teams to define requirements for a Climate Business Dashboard• Produce adhoc reports, as needed, on the assigned climate portfolio including monitoring progress against project milestones and KPIs• Contribute to sector-specific data analysis and stress-testing of various operating models to help generate ideas for new projects, new products, and platform businesses.• Support the identification and assessment of climate opportunities based on country and sector strategies and market creation potential.• Help spot game-changing trends, technologies, partnerships and business models that can scale climate capacity internally and externally.• Work with the World Bank to exploit synergies in content and pedagogy for climate related trainings. Selection CriteriaThe candidate should be a professional with in-depth expertise in knowledge management and learning and demonstrated ability to manage multiple projects under tight time constraints, to develop innovative approaches, and integrate work of other professional staff. S/he can interact with confidence with internal and external teams and stakeholders at senior levels.• Master's degree in Business, Finance, Economics, International Relations, Science, Engineering, or other relevant field. Academic or practical background in the Knowledge, Learning, Capacity Building fields would be ideal.• At least 8 years of relevant experience in the field of knowledge management, learning, training with demonstrated ability to engage on a range of issues in developing countries including advice on both program and project development.• Understanding of IFC's strategic priorities and changing business model focused on climate.• Ability to engage with private sector clients, local and national governments, and other stakeholders to encourage pioneering business and market development.• Experience in project/program management, including executing against implementation plans with defined business development milestones.• Capacity to innovate and challenge the status quo and experience in new idea generation, business development, and creating projects/programs from scratch. • Ability to effectively manage vendors, staff and consultants working on knowledge and learning platforms.• Proven ability to conduct analysis from surveys, focus groups, and interviews.• Proven experience in design and delivery of learning activities using different means and tools to reach audiences with specific needs and level of engagement including collaboration tools/approaches.• Track record of producing and/or managing knowledge, and communication products such as short notes, job-aids, videos, publications, newsletters etc.• Experience in results measurement and knowledge and learning strategy in the WBG.• Excellent oral, written, and analytical skills, including the ability to represent and synthesize ideas in a clear and concise format, both written and verbally.• Attention to detail and ability to prioritize and deliver assignments on schedule.• Strong interpersonal and influencing skills, with the ability to interact effectively with clients and colleagues, at all levels. • Outstanding organizational, analytical, and critical thinking skills. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFCa member of the World Bank Group (WBG) 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 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with unprecedented levels of uncertainty and volatility. For more information, visit www.ifc.org.Gender is a cross-cutting corporate priority for IFC, as highlighted in the World Bank Group's Gender Strategy, the upcoming Gender Strategy Update, and IFC's Vision for Gender and Inclusion. IFC is deeply committed to advancing gender equality and inclusion as laid out in IFC's 3.0 strategy that also underpin the Capital Increase.As part of its mandate, IFC's Cross-Cutting Vice Presidency Unit includes a dedicated team, the Gender and Economic Inclusion Department (GEIDR), that works with IFC's investment and advisory teams to support private and public sector clients in providing all genders and underserved communities with equal economic opportunities as leaders, employees, entrepreneurs, consumers, and community members. In addition, GEIDR develops research on the business case and solutions for reducing gender and inclusion gaps; leads strategy development and implementation for the organization, provides client advice, supports mobilization through impact investing and sustainable financing; and forges public and private sector partnerships. The Gender and Economic Inclusion Directorate will be effective July 1, 2023.The Manager (Global Thought Leadership) will lead IFC's Gender and Economic Inclusion Department's research and product innovation agenda and provide oversight and guidance to a team of staff and consultants. She/he will be a leader who can enhance IFC's position as a global thought leader in gender and inclusion. The Manager will lead a team of thematic/product and strategy specialists, leveraging their policy and research expertise, strategic thinking, creativity, as well as communication, project management, and problem-solving skills to generate innovative solutions and strategies that enable impact on gender equality and the broader diversity and inclusion agenda. She/he will implement IFC's 2030 Gender and Inclusion Vision in alignment with the WBG Gender Strategy Update. The position is based in Washington D.C., and reports to the Director for Gender and Economic Inclusion.Duties and Accountabilities• Set and implement IFC's global thought leadership agenda to champion new gender and inclusion solutions from a wide range of perspectives, positioning IFC as a thought leader on relevant topics, such as financial resilience, digital inclusion, supply chains, care economy, gender-based violence, bottom of the pyramid, innovative financing instruments, women leadership etc. • Oversee and guide analytics and research efforts on the topic of gender and economic inclusion, from inception to production and delivery, ensuring provision of high-quality, actionable and rigorous research and insights for internal (industry/regional) and external clients and partners. Champion global knowledge and innovation. • Stay abreast of industry and regulatory trends globally that may impact new and existing thought leadership. Actively track promising and evidence-based practices and innovations to enable and support IFC's implementation of gender and inclusion operations. • Oversee corporate gender strategy development and implementation, supporting the WBG Gender Strategy Update, the IFC's 2030 Gender and Inclusion Vision, and beyond. Provide insights on gender for IFC's corporate-wide strategy processes. Ensure effective analysis, reporting and communication for Management and the Board, in collaboration with WB and MIGA when relevant.• Develop and oversee implementation of a knowledge management and learning strategy for the GEID Department, and across IFC on gender and inclusion topics. Foster learning, ensuring that lessons learned are considered, disseminated, and integrated into subsequent thought leadership engagements, strategy, research and client solution development/improvement.• Connect and liaise with leadership of WB and MIGA on research and thought leadership opportunities, particularly with the Bank's Gender Innovation Labs.• Connect and liaise with Economics and Private Sector Development Vice Presidency on publications and development impact. Support and enable stronger focus on gender outcomes, strengthening data collection and portfolio analysis as well as measurement, monitoring & evaluation.• Integrate gender and inclusion issues across IFC's thought leadership and knowledge management efforts and strategy, developing close and effective working relationships with economists and strategists.• Represent IFC on gender and economic inclusion issues in the private sector. Cultivate and maintain relationships with key stakeholders, including private sector companies and organizations, industry associations, and other DFIs, development partners in close collaboration with Blended Finance, Partnerships and IFC Industry/Regional Operations. Leverage bold ideas generated internally and build new, surprising, and impactful opportunities for external engagement. • Create opportunities for senior management and operations to represent their expertise on the global stage and various awareness platforms.• Recruit, manage and mentor a dedicated group of GEIDR thematic product and strategy staff and consultants, providing oversight and support, including staff performance management, training, career guidance and administrative duties. • Co-lead with Manager (Operations), the team's business and resource planning and exercise fiduciary oversight and control over budget allocated for the unit's program. Support substantial financial resource mobilization for gender & inclusion research, while ensuring timely delivery and reporting to development partners.• Foster innovation, encouraging new private sector thought leadership that help accelerate equality (gender, disability, SOGI/LGBTQ, base of pyramid, anti-racism, indigenous people, ethnic minorities, etc.), based on evidence gaps, client demand, and market opportunities. Selection Criteria• Master's degree in economics, business or social-development related discipline with a minimum of 12 years of experience in gender and inclusion research, advisory services, strategy, policy issues, and capacity building.• Commitment to development and a proven track record showing alignment with the World Bank Group and IFC's mission, strategy, and values.• Excellent leadership and people management skills, particularly demonstrated in a complex organizational setting with responsibilities for leading and managing large, multi-faceted, projects and functions in partnership with other stakeholders.• Strong track record in providing intellectual leadership, managing, building talent and motivating staff across different locations; becoming a strong mentor; and leading by example.• Extensive experience with private companies, conducting research and analytics on gender and inclusion issues and innovation. • Track record of professional leadership on gender and economic inclusion.• Clear understanding of, and experience in emerging markets, including in FCS and IDA countries.• Strong strategic thinking, communication, knowledge management, writing and public speaking skills and the ability to represent IFC in global and regional fora, as well as to key external private sector clients and partners, government authorities, other stakeholders.• Willingness to travel as and where necessary.• Demonstrated ability to build trusted relationships with partners and a diverse client base.• Well-developed interpersonal, communication and listening skills to interact effectively, motivate and collaborate with others from diverse cultural backgrounds to achieve goals.• Meet Bank Group-wide managerial selection criteria including courage of your convictions, leading the team for impact, influencing across boundaries, fostering openness to new ideas, building talent for the future.Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 4 year term appointment. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFC – a member of the World Bank Group – is the largest global development institution focused on the private sector in emerging markets. We work with more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, we invested over $43 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. IFC is seeking to recruit a Director for the Environmental & Social Policy and Risk Department (CES), to be based in Washington D.C., to provide leadership and corporate oversight on E&S policy and risk functions.CES serves as the guardian of IFC E&S policies, standards and procedures and is responsible for providing oversight, advice and guidance, and independent 'second line of defense' review in the management of E&S risk within the Corporation. CES works in close collaboration with IFC's operational departments and the ESG Sustainability Advice and Solutions Department (CEG), whose role is to partner with investment and advisory teams to undertake environmental, social, and corporate governance due diligence for IFC's projects, provide portfolio supervision, and bring environmental and social products, services and best practice to existing and potential IFC clients. Key work program areas for CES include:• Policy: oversight and management of IFC's Sustainability Framework (consisting of IFC Sustainability Policy, Performance Standards, and Access to Information Policy) and E&S procedures including leading policy updates required from time to time; • Risk Oversight: providing independent E&S policy advice and guidance to staff and management, including oversight of the high-risk projects in IFC's investment and advisory pipeline and portfolio; • Grievance Response: supporting operational teams and management to respond proactively to E&S complaints from external stakeholders, including responding to the Compliance Advisor Ombudsman (CAO), IFC's accountability mechanism, and mobilization of rapid response teams as needed; and • Knowledge and Learning: developing good practice guidance on emerging E&S issues as well as implementing training programs, including E&S accreditation for IFC staff. The Director, CES, will report to the IFC Vice President, Risk & Finance, and will be a member of the senior management team of the Risk & Finance Vice-Presidency alongside the IFC Controller, the Director of Investment and Credit Risk, the Director of Corporate Risk Management and the Director of Special Operations. S/he will work closely with these colleagues and with the rest of IFC's senior leadership team to promote effective environment and social risk management across IFC operations. The successful candidate will the lead a multi-disciplinary team, including a cadre of highly experienced subject-matter experts, to provide high-quality advice to Management, and deliver on the four functions mentioned above, while building and maintaining excellent working relations across IFC, MIGA and IBRD/IDA. The position reports to the IFC Vice President, Risk & Finance. Duties and Accountabilities • Promote IFC leadership in the E&S space through effective custodianship of IFC's Sustainability Framework, including periodic updates and improvements so it remains fit for purpose.• Lead in the development and maintenance of IFC E&S procedures, guidance notes and guidelines, and rating tools and systems, incorporating lessons of experience. • Manage proactive review, monitoring and reporting of E&S risks and compliance with IFC's Sustainability Framework and related E&S policies, standards and procedures for new projects and during portfolio supervision. • Confirm E&S risk ratings and provide independent clearance at key stages of the investment project cycle (e.g. corporate investment committee for high risk projects, public disclosure, investment review, Board approval, disbursement waivers related to E&S Action Plans during portfolio supervision). • Act as institutional focal point for the Office of the Compliance Advisor Ombudsman ( CAO), IFC's independent accountability mechanism, provide review and sign off on management responses to CAO investigations, facilitate response to all stakeholder complaints and advise operational teams in handling them, focusing on early action to prevent escalation. • Work with relevant departments to maintain a highly qualified cadre of E&S specialists across IFC, including through training and certification of all E&S specialists and regional/global industry staff.• Lead global coordination on E&S standards and issues, including with civil society organizations, other international financial institutions, "Equator Banks", the UN system, and public and private platforms and associations leading global and national standard setting initiatives in the E&S area. • Coordinate with relevant counterparts in IBRD/IDA and MIGA to ensure consistency on key policy issues and shared knowledge products across the World Bank Group. • Serve as the corporate interface between IFC operational units, senior management, and the Board on E&S issues.• In partnership with the corporate communications team, act as spokesperson for IFC and World Bank Group on E&S policy and risk issues. Selection CriteriaIn addition to the WBG managerial selection criteria*, the following qualifications are sought: • Unquestionable integrity, commitment to development, alignment with the WBG core values, and strong work ethic. • A Master's degree or equivalent in a relevant discipline and at least 15 years of relevant work experience, with increasing level of responsibilities, in financial institutions focusing on emerging markets.• Sound knowledge of E&S policy and risk frameworks such as IFC's Sustainability Framework including IFC Performance Standards, and direct senior leadership experience in the E&S/sustainability field. Senior leadership experience, especially in ESG and Sustainability, in a private sector and/or IFI context, is strongly preferred.• Demonstrated expertise, experience, and superior business judgment in managing the broad spectrum of E&S risks in the context of private sector development. • Understanding of credit and investment risk fundamentals and how sustainability risk may impact underwriting and portfolio management. Experience with financial disclosures for sustainability risk and enterprise risk management would be a plus.• Broad exposure to and understanding of IFC markets, including those in fragile and conflict-affected situations and IDA countries, and private sector development in those markets.• Strong track record of leading innovation and culture change; proven ability to drive process improvement in risk systems and operational frameworks. • Proven ability to lead cross-cutting initiatives across the institution and work across boundaries to build consensus, resolve problems, and foster teamwork.• Strong written and oral communication skills, ability to convey complex issues clearly to both internal and external audiences. • Ability to listen effectively and stand his/her ground when appropriate, as well as deliver difficult messages with tact at all levels, including internal and external counterparts and top management.• Willingness to travel as and where necessary. * World Bank Group-wide managerial competencies include: (i) Courage of your conviction, (ii) Leading the team for impact, (iii) Influencing across boundaries, (iv) Fostering openness to new ideas, and (v) Building talent for the future. World Bank Group Core CompetenciesThe 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.
Description 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org. The Development Impact Measurement Department (CDI) within the Economics and Private Sector Vice Presidency (CEDVP) analyzes economic sectors with a view to identifying opportunities and solutions for private sector development and works closely with IFC Operations. It provides technical support to operations related to structuring, appraising, and monitoring investment and advisory projects and is responsible for reporting on IFC's impact. The department is in charge of implementing the ex-ante project assessment framework (Anticipated Impact Measurement and Monitoring- AIMM) for investment and advisory projects throughout the project cycle, help ensure high-quality economic support for IFC operations teams on strategies and projects; and develop sector economic analyses with a focus on solutions for private sector development. CDI staff comprise mainly sector economists and results measurement specialists assigned to units organized along IFC industry groupings. These include units for Manufacturing, Agribusiness, and Services (CDIMA); Financial Institutions (CDIFI); Infrastructure (CDIIN); and Funds and Disruptive Technology team (CDIDF). The department also includes staff working on economic modeling, results measurement, corporate reporting and sustainability, that support all industry groups. In short, the department offers an "end-to-end" support and impact assessments for IFC investments and advisory services, engaging upstream and downstream throughout the project cycle. The Manufacturing, Agribusiness and Services team (CDIMA) is in charge of implementing CDI mandates and deliverables described above in relation to products including investment and advisory for all MAS industry verticals: Manufacturing, Agribusiness, TRP (tourism, retail and properties), and Health and Education. This includes fully developing and implementing the ex-ante project assessment framework for investment and advisory projects throughout the project cycle, monitoring and evaluating impact of both investments and advisory projects, helping to ensure high-quality economic support for IFC MAS teams on strategies and projects, and developing sector economic analyses with a focus on solutions for private sector development. These activities will support operations done by MAS teams to deliver investments that support growing enterprises across emerging markets. CDIMA is seeking to hire an Economist to lead development impact work across several sectors including agribusiness, manufacturing and services. The Economist will provide, on an ongoing basis, expert advice and operational support to operational teams and management to assess the impact of MAS investments development while ensuring consistent application of standard impact measurement and monitoring frameworks, help generate relevant lessons learned and support staff incorporate such lessons into project design, and contribute to evaluative work beyond the project lifecycle. The staff will work in close collaboration with the Investment and Advisory/Upstream staff responsible for designing and structuring IFC's MAS operations, under the supervision of the CDIMA Manager. Duties and Accountabilities • Undertake economic analysis associated to the agribusiness, manufacturing and services sectors; development impact assessments of investment projects (supported by team members); board papers and management reports; economic input into Investment Review Meetings for agribusiness projects.• Work closely with and support the CDI team across a number of tasks, including the day-to-day economic input into MAS investment and advisory projects and oversee tasks, timelines and staff and consultants; and perform other tasks as requested by CDI management. • Design and lead rigorous analytical work analyzing trends and developments in the agribusiness sector on the global and country level and producing reports with a focus on challenges, priorities, and opportunities for market creation and private sector development in the sector. • Support the articulation and measurement of the economic impacts of agribusiness, manufacturing and services industries, and of projects in these sectors undertaken by the IFC: by implementing AIMM, and working with IFC's Investment Officers to collect and analyze project data, apply the appropriate frameworks on the basis of data and research, create narratives that support the articulation of project impacts, and rate projects.• Monitor and assess the impact of global shocks on agribusiness, manufacturing, and services corporates in emerging markets, and advance the ongoing AIMM Sector Framework updates to fully account for these issues. • Lead AIMM sector updates to reflect changing corporate priorities and new types of investments responding to emerging global challenges in existing sector frameworks.• Lead and design of a new impact evaluation program for MAS with the objective to enhance the feedback loop in IFC MAS operations and influence project designs to strengthen development impact.• Work closely with Advisory Services colleagues, especially as it relates to investment projects with Advisory Services engagements, to ensure complete reflection of associated impacts in AIMM assessments.• Contribute to CPSDs, country strategies and sector knowledge.• Prepare briefs, reports, and presentations to various stakeholders including senior management and the Board as well as external stakeholders. Selection Criteria • A post graduate degree in Economics or closely related field from a reputable university with solid training in quantitative and qualitative research methods. A Ph.D. in economics (with at least 5 years of relevant experience) would be a plus.• At least 8 years of experience pertaining to economic analysis of MAS sectors (sector dynamics, emerging trends, development impacts) and MAS markets, demonstrating analytical and research skills, including track record of working on preparing economic papers and sector strategies in areas related to these sectors.• Thorough understanding of one or more MAS sectors (agribusiness, manufacturing or services), the determinants of sector competitiveness and the impacts and implications of different economic policy frameworks.• Experience on development impact measurement of private sector investment projects in DFIs is also required: this may include design of development impact assessment frameworks; understanding of private sector development in emerging markets; assessing the development impact of agribusiness projects in emerging markets. Knowledge of IFC and its processes is a strong plus.• Familiarity with academic and business literature, databases and other sources of information, on agribusiness, and MAS markets, demonstrated through the preparation of reports and economic papers; ability to identify gaps in research, suggest and prepare research programs.• Strong analytical and quantitative skills and ability to write robust research papers. Proven capability to handle complex assignments (e.g. project related or analytical tasks with operational relevance) and produce analytical work to a high professional standard, with minimum supervision. Strong publication record is a plus.• Proven project-management experience, including managing tasks and activities, designing research programs, allocating tasks to other team members, and managing resources. Ability to draft papers for governmental institutions or DFIs is a plus.• Ability to innovate, develop innovative solutions with others, and to deliver results for clients by proactively addressing clients stated and unstated needs.• Proven ability to work in teams and capability to work in multi-cultural environments.• Excellent written and verbal communication skills in English and ability to communicate effectively with different stakeholders.• Ability to work effectively in teams, communicate ideas clearly and confidently, articulate issues and recommend solutions with a demonstrated ability to build partnerships for success, through engaging in open discussion with key stakeholders to conceptualize and implement solutions. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFC 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.Private sector financial development is essential to the promotion of successful and sustainable economies in low and middle-income countries around the world. Sound and efficient financial markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth. IFC's goal is to prioritize investment in the financial sector because it promotes development in all other sectors.The Financial Institution Group (FIG) is one of IFC's key Departments responsible for a significant portion of IFC's business volume, profitability, and development reach, approximately 40%. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas, with both.The FIG's Latin America and the Caribbean team (FIG LAC) is based across the LAC region with main hubs and locations in Mexico, Argentina, Colombia, and Sao Paulo. The team members work on both new business development and processing, and portfolio management across the region.FIG LAC Regional Industry Team is seeking a Senior Investment Officer with significant market and industry experience in Mexico or Andean Region to help grow and develop its business and oversee portfolio in LAC. The position will be based in Mexico City, Mexico or Bogota, Colombia. ROLES AND RESPONSIBILITIES: • Demonstrate a thorough understanding of banking, financial institutions, and related industry knowledge.• Develop investment promotion strategies in the country, including targeting potential investors and promoting IFC's products and services proactively.• Build and maintain strong relationships with clients, banking and multilateral partners and government officials to develop specific investment opportunities.• Evaluate, structure, negotiate, and close new transactions, portfolio restructurings, rescheduling, capital increases, equity sales, as necessary, with a strong focus on credit and asset quality (include processing mandates, due diligence, negotiating term sheets and other documentation, syndications, and board approval).• Provide support to regional industry and portfolio teams in processing and supervising regionally managed projects.• Provide supervision and support to more junior staff, managing and coordinating projects and work program of the team across the regional hub.• Work with the FIG country team, country, and industry managers to formulate a FIG strategy for the country and the region.• Monitor portfolio performance and recommend follow up and proactive support to enhance the investee company's value/ franchise.• Provide leadership and support in the development of the Financial Institutions Group's knowledge management strategy, and assist in execution of this strategy• Coordinate closely with social, environmental, advisory, and technical assistance colleagues in order to champion IFC's value to our clients' businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact.• Take responsibility for supervision of one or more investments in the financial industry sector, with particular focus on problem/restructuring situations.• Mentor and coach less-experienced investment staff and help build talent and grow skill base of staff.• Assist in other project or strategy related activities as the need may arise. Selection Criteria• Master's degree in finance, economics, or other related areas.• 9+ years of experience in banking and finance, with evidence of growing expertise in banking, financial institutions, and finance related disciplines.• Strong financial and credit skills; demonstrated ability to structure a variety of complex financial instruments (debt and equity).• Ability to interact directly and independently with the senior management of potential clients, of financial and technical partners as well as senior government officials.• Good management skills with proven track record of success in developing client relationships and execution of client engagements.• Knowledge and Experience in International Economic Development Arena and commitment to sustainable development.• Excellent business judgment and strong analytical and problem-solving skills to identify issues and present creative, practical solutions.• Great team player, able to mentor and train more junior staff.• Capacity to deal with conflicting priorities and deliver high quality work on schedule; facility to work successfully in multicultural teams and across boundaries.• Excellent oral and written presentation skills in English, Spanish and/or Portuguese are required. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFC 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity. This strategy calls for generating unique opportunities by proactively working "Upstream" to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. This strategy also calls for working with Governments and World Bank colleagues to first seek private sector solutions to address development challenges - where such solutions are advisable and can be effective - and reserve public financing for projects only when other options are suboptimal.IFC is seeking Senior Investment Officers to identify new investment opportunities, execute transactions and actively manage portfolio projects in Manufacturing, Agribusiness and Services (MAS) in the Middle East, Central Asia, Turkey, Afghanistan, and Region. The position is based in Dubai, UAE or Amman, Jordan. The Senior Investment Officer will be responsible for overseeing business development and execution of MAS transactions in the region. She/he will work closely with the global sector leads. She/he will also coordinate on a continuous basis with the Country Managers and other Regional Industry units in the Middle East, Central Asia, Turkey, Afghanistan, and Pakistan, as well as other relevant Departments/Divisions within IFC, (such as Risk, Special Operations, Environmental and Social, Treasury and Legal, etc.). Duties and Accountabilities : • Business Development: Source and assess opportunities, identify bankable projects in target regions, and grow and develop new business transactions. Develop and guide teams in the preparation of pitchbooks and client proposals in support of new business.• Structuring and Negotiation: Structure complex investments (comprising both debt and equity). Negotiate terms with clients, internal and external stakeholders, and partners, including senior management of IFC and clients. Prepare client/partner presentations and support their decision making at key transaction stages.• Deal Execution: Lead transaction team from initiation, due diligence, internal approvals, and processing of debt and equity investment, actively handling key work and directing and coordinating work of other team members from across multiple departments. Take full responsibility and accountability for transaction related decisions and relationships.• Transaction Management: Deliver all transactions and accountabilities of the role efficiently, on a timely and expeditious basis and using best practice standards. Ensure that defined transactional requirements recorded in documentation are executed accordingly. Monitor the portfolio and report development results internally and externally. Selection Criteria• MBA or equivalent professional qualification.• A minimum of 9 years of substantial professional experience in positions of increasing complexity and responsibility that includes significant experience in finance, investment banking, mergers and acquisitions, structured finance, corporate finance, or private equity, with a proven track record of sourcing, structuring and closing investments.• Familiarity with Manufacturing sub-sectors.• Strong analytical skills to review and analyze complex financial information. Knowledge and experience in global financial markets including expertise in emerging markets. • Advanced financial, credit and risk evaluation skills, with demonstrated ability to structure and negotiate a variety of complex financial instruments (debt and equity). • Experience in identifying, originating and qualifying new business opportunities developing and executing results-driven client engagements. • Demonstrated strong written, presentation, and communications skills in English and ability to synthesize and present information effectively and tailored to different audiences. • Excellent business judgment and problem solving skills to identify issues, present creative, practical solutions, and make and commit to sound decisions, anticipating short and long term implications. • High degree of diplomacy and sensitivity in dealing with internal and external clients, staff and managers at all levels. Discretion in handling confidential and sensitive information • Genuine commitment to sustainable development • Willingness to travel extensively and geographic flexibility. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFC 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org. The Environmental & Social (E&S) Policy and Risk Department (CES) reports directly to the IFC Managing Director. CES has a mandate to enhance IFC E&S risk management. It is responsible for developing IFC E&S policies, standards and procedures and providing oversight, advice, and independent review in the management of E&S risk within the Corporation. CES works in close collaboration with IFC's investment departments, and the Sustainability and Gender Department (CEG) housed in IFC Operations. CES delivers four cross-cutting functions:• Policy and Standards: CES maintains and updates IFC's sustainability policies, standards, and procedures as a world-class resource for IFC clients and external networks.• Risk Management: CES ensures that IFC has appropriate systems, procedures and capacity in place to deliver on E&S risk management. CES adds value to the management of E&S risks, reviewing E&S aspects and classification of all projects at origination and providing oversight, guidance, and support for high-risk projects in the pipeline, as well as for high-risk and non-performing projects in IFC's investment portfolio.• Stakeholder Grievance Response: CES facilitates and improves IFC's ability to resolve stakeholder complaints quickly and effectively and address both Compliance Advisor Ombudsman (CAO) and direct complaints.• Knowledge, Learning, and Systems: CES fosters the E&S community of practice, transforms lessons learned into guidance, E&S risk management tools and systems, learning, certification of E&S staff and knowledge products that enhance IFC's E&S performance. CES is looking for a seasoned and highly motivated supply chain professional with sound technical judgement and 15-20 years of relevant experience to lead IFC E&S Supply Chain Risk oversight. The ideal candidate will have experience in sustainable supply chain management with knowledge addressing issues ranging from environmental and biodiversity challenges to human rights, fair labor practices and corruption. The Principal Supply Chain Risk Specialist will work closely with CES Risk Officers, providing leadership and guidance to operational teams and management on complex risk and issues related to supply chains, including labor, OHS and biodiversity aspects with the aim of promoting adherence with IFC's E&S policies and standards. The successful candidate will also lead and contribute to relevant policy work, training, and knowledge products with a focus on supply chain topics. In addition, he/she will work closely with the CES Stakeholder Grievance Response team on CAO cases or other directly project complaints involving supply chain, labor and other E&S issues. The position will report to the Manager, E&S Risk Management Unit within CES. Duties and Accountabilities:New business: Lead Supply Chain risk management on new business by reviewing project concept documents, E&S categorization, scope of proposed E&S diligence, client E&S requirements, contextual risk, etc., working closely with the Regional and FI Risk Officers (as relevant) in reviewing each processing stage of investment and advisory transactions with high supply chain risks. This may include:• Screening and identifying supply chain risks and any gaps in the project team's proposed E&S appraisal and risk management approaches;• Advising on structuring, appropriate mitigation measures and contractual requirements to promote client action to address supply chain risks and impacts in a timely manner;• Participating in select Investment Review Meetings (IRM);• Advising the CES Director on his inputs to investment discussions at the Project Committees;• Opining on risks and mitigants as disclosed by the teams in project disclosure documents, board papers, E&S provisions in legal agreements, etc.;• Capturing and codifying precedents and benchmarks across transactions (see Policy function); and• Contributing to the development of high-quality work products that clearly and logically frame and concisely communicate supply chain risks and mitigants. Portfolio: Work in collaboration with the Global Social, Regional and FI Risk Officers in portfolio monitoring efforts of activities with high supply chain risk. This includes reviewing client reporting, investment team E&S monitoring reports, draft portfolio reviews provided by CEG and performing independent analysis of IFC's portfolio to:• Contribute towards High-Risk Project in Portfolio (HRP-P) list, non-performing or complaint generating/CAO projects where the key issues are related to supply chains;• Perform assurance/audit reviews of IFC diligence and monitoring of selected projects with high-risk supply chain issues; • Conduct thematic or sector specific portfolio analysis to identify supply chain risks and trends;• Identify supply chain issues that are systemic or of a policy nature and propose adjustments as needed; and• Contribute to regional supervision program reviews. Grievance Response: Support CES grievance response function in monitoring projects with CAO and direct complaints working with project teams, to proactively engage clients in finding solutions and addressing supply chain issues. Serve as an independent Peer Reviewer on CAO compliance investigations with supply chain dimensions and help the team in developing various Management responses as described in the CAO Policy. Policy and Knowledge Management: Support CES's policy and knowledge functions in reviewing and updating policy documents and developing guidance and procedures based on lessons learned in the new business, risk and grievance response functions. • Develop and contribute to the development and dissemination of internal and external knowledge products including research, drafting, reviewing, and providing feedback to good practice notes, lessons learnt, tip sheets, etc. • Support the capacity building of IFC E&S specialists and clients through the development, review and delivery of training to identify and manage supply chain issues.• Clear all relevant technical E&S input related to supply chain policies, guidance and tipsheets. • Participate in internal initiatives to strengthen internal review of supply chain risk management at appraisal and supervision.• Provide input to global discussions within IFC E&S practitioners group on supply chain and value chain matters including issues such as human rights policies and procedures; freedom of association and collective bargaining; migrant workers' rights; workers' accommodations standards; non-discrimination and equal opportunity; retrenchment; contractor management; workers' grievance mechanism; prevention of child and forced labor; and supply chain labor standards etc. Selection Criteria• Advanced degree in engineering, social sciences, economics, supply chain management, or other related relevant discipline;• Minimum of 15 years of professional experience working on labor, supply chain and/or E&S due diligence and policy development in the international context, with strong preference for private sector experience;• Proven experience working on high-risk projects with challenging and complex supply chain issues;• Demonstrated experience working on supply and value chain aspects in various sectors, including manufacturing, infrastructure, telecom, renewable energy, mining, agribusiness, health, education and tourism, retail and property sectors;• Certification and/or experience in sustainable supply chain management initiatives such as RSPO, Bonsucro, Certified Sustainable Supply Chain Professional (CSSCP) etc. will be an added advantage. • Knowledge of the UN Global Compact's Advisory Group on Supply Chain Sustainability• Recognized as a highly respected, influential and valuable contributor to the management of issues related to sustainable value chains;• Knowledge of IFI and/or World Bank Group E&S Policies and Standards related to one or more areas of risk management, such as: supply chains, labor and working conditions, occupational health and safety, biodiversity. In particular, knowledge of the supply chain requirements in the IFC Performance Standards would be a plus;• Excellent communicator – both oral and written English; ability to articulate thoughts with clarity and make logical, concise and persuasive arguments to non-technical colleagues;• Pragmatic, solution-oriented, creative thinker with high degree of responsiveness and proactivity;• Excellent interpersonal, listening and communication skills including the ability to relate well with a wide range of internal and external parties (including senior staff, management, IFC's accountability mechanism, NGOs, labor unions, industry associations and clients) and seek solutions in potentially tense or conflictual situations. Ability to influence and negotiate within teams and with clients;• High personal integrity and emotional intelligence, with demonstrated ability to handle sensitive and confidential matters in a discreet and respectful manner. Diplomatic approach and calm under pressure. Ability to have difficult conversations and make tough judgement calls in a collegial manner;• Strong analytical skills, ability to think strategically, analyze and synthesize diverse information sources, and draw conclusions from sometimes limited data; and• Ability to work effectively as a member of a multi-disciplinary, multi-cultural team, influence and negotiate point of view within teams, superior mentoring skills. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFC 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.The Financial Institutions Group (FIG) is one of the major industry groups at IFC, responsible for managing roughly 40% of IFC's overall business in terms of volume and capital at risk. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, Payments, fintech, and other areas, with both investment and advisory services delivered to IFC's clients through IFC's global network. IFC's priorities in FIG as an industry group are: (i) grow investment and advisory solutions in all regions it operates in, while achieving strong profitability and development impact (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through upstream and downstream interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally. DUTIES AND RESPONSIBILITIES:• Create new high-level relationships (CEO and other C-suite levels) with large corporate clients having a global, regional, or cross sector scope for cutting-edge opportunities that may not fully take shape in the short-term (e.g., within one year).• Define market creation opportunities, joint IFC/WBG interventions, required steps, and appropriate timeline for interventions and engagements to reach market potential and take a sector to the next level.• Develop and implement a sector vision and strategy and corresponding business growth plan (for investment and advisory services) of targeted sector accomplishments.• Develop, lead, and coordinate implementation of a business development strategy for a sector, product, or region to catalyze private sector investment and open new markets, which includes defining target clients, business development priorities, required actions, and appropriate timeline for IFC interventions and engagements to reach market potential.• Establish and implement a strategy for elevating IFC's presence, voice, and influence in global markets to mobilize investments and funding.• Lead regular sector reviews that look at sector portfolio performance, pipeline, how business is growing compared to targets, and market trends to assess impact on IFC's pipeline, program, and portfolio. Share findings with relevant decision makers (top management, board members, high-level stakeholders) and WBG colleagues on sector implications of regional and global market trends and changing business opportunities.• Lead upstream market creation approaches or interventions for a sector, product, or region, which includes engaging with senior management across the WBG and government officials at the minister level on needed market and regulatory reforms, particularly in the most challenging IDA and FCS countries.• Oversee or supervise assigned staff and consultants.• Develop assigned staff and members of the broader team through mentoring, coaching, providing on-the-job learning opportunities, and designing and delivering internal learning opportunities.• Ensure quality control of work products.• Ensure effective and efficient use of resources.• Proactively support business development efforts of country teams, which include leading the identification of strategic and top tier clients, globally and regionally; leading relationship management for a few strategic and top tier clients; and ensuring new deals within the sector are ready for investment committee reviews.• Lead the processing of select highly complex or strategically important transactions in the sector and leverage relationships to remove barriers encountered by teams.• Serve as a corporate resource in leading multidisciplinary teams to develop leads into new deals that effectively balance IFC's additionality, financial risks and rewards, sustainable development impact, and opportunities for innovation and scalability.• Work with portfolio managers and CSO to address emerging risks in sector portfolio and to capture learning that can translate into improved structuring of future sector business. Selection Criteria• Master's degree in a related field and at least 10 years of experience. Related fields of education include business, finance, or economics or an area of expertise specific to a sector, subject matter, or industry specialty. Relevant experience could include a proven track record in business consulting or investment banking, or operational experience in the sector or technical or professional field.• Fluency in English, both verbal and written skills.• Proficiency in Spanish and / or Portuguese required. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFCa member of the World Bank Groupis 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 2023, IFC committed a record $43 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.Within IFC, the Corporate Risk Management Department (CRM) is responsible for risk management at a corporate level: this includes Capital Management and Enterprise Risk, Operational Risk and Business Continuity, Treasury Risk and Investment Valuation. CRM's Capital Management and Enterprise Risk Unit (CRMCA) measures the current and projected risks in IFC's investment portfolio to ensure IFC's ongoing financial sustainability.CRMCA is conducting a search for a Manager to lead the Capital Management team (CRMCA), providing oversight to a team of staff with responsibility for IFC's economic capital and capital adequacy framework, stress testing, financial sustainability and profitability analysis, climate risk activities.Duties and Accountabilities: The CRMCA Manager will:• Lead and manage the CRMCA team to achieve its objectives and workplan, including hiring, performance management, mentoring, and career guidance. • Coordinate with other stakeholders across IFC, including Credit and Investment Risk, Corporate Portfolio Management, the Climate Business Department, the Controller's department, and other regional and industry departments, to support the financial sustainability and risk management activities of the Corporation. • Lead the policies, procedures, and frameworks to maintain comprehensive risk management activities.• Develop and implement strategies for optimizing capital allocation to support business objectives.• Lead the policy work and framework related to IFC's financial forecasting, the Corporation's balance sheet's projection, income statement, capital adequacy, and pricing.• Oversee the relevant teams incorporating market and regulatory best practices and reflecting IFC's unique business model and product mix.• Act as the primary contact with the rating agencies for their rating assessment of IFC; serve as a source of expertise on rating agency methodologies and analytics.• Act as a source of expertise for IFC's management team, Board, staff, and external partners (including rating agencies and investors) on aspects of IFC's financial sustainability frameworks, including aspects related to the G20 Capital Adequacy Framework Review.• Build a network of external relationships with other MDBs and other stakeholders on aspects of risk management and financial sustainability.• Lead the teams conducting regular risk assessments to identify potential risks and vulnerabilities.• Monitor key risk indicators and develop early warning systems to alert senior management to emerging risks. Selection Criteria• Master's degree (in finance, economics, or a related field) and a minimum of 12 to 15 years of relevant experience. • Strong understanding of financial and non-financial risk management frameworks and practices; Knowledge of IFC policies, procedures, guidelines, and financial instruments is a plus.• Excellent written and oral communication skills in English are essential, including the ability to present technical issues in simple and straightforward terms, and to engage with to senior-level audiences. • Ability to develop senior-level relationships and build to networks within and outside IFC.• Excellent leadership and people management skills and openness to feedback; new ideas and ability to guide staff to solutions to problems.• Strong track record in providing intellectual leadership, managing, building talent, and motivating staff; becoming a strong mentor; and leading by example.• Sound business judgment; demonstrated ability to deliver results under stressful timetables and environment.• Commitment to maintain the highest ethical standards. • Strong interpersonal, relationship building and diplomatic skills. • Meet Bank-wide managerial selection criteria including courage of your convictions, leading the team for impact, influencing across boundaries, fostering openness to new ideas, building talent for the future. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
DescriptionIFC 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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.IFC's Human Resources (HR) Department provides strategic partnership to the business to develop and implement workforce strategies and meet organizational goals, including attracting, developing and deploying diverse and skilled talent. • Client Services – offers strategic HR partnership, program implementation, support and solutions to staff and management globally;• Diversity, Equity, and Inclusion – supports the organization to build a diverse workforce, embrace equity, and foster an inclusive workplace;• Employment Framework and Recruitment – develops and supports HR strategy, policies/procedures, communications, and knowledge management; drives HR initiatives, such as staff engagement and Board reporting; and delivers recruitment solutions;• Talent and Incentives – designs best practice HR solutions in onboarding, mentoring, career management and mobility, performance/talent management, incentives and awards, and leadership development. IFC is seeking a Global Recruitment Team Lead to be based in Washington, DC to manage the rollout and strategic implementation of an end-to-end recruitment model globally. The position will report to the Principal HR Officer, Employment Framework and Recruitment. Duties and Accountabilities:• Lead the Global Recruitment Team of 15+ Recruitment Officers and Recruitment Coordinators based in Washington DC, Latin America, Europe, Africa, and Asia, who are responsible for the full lifecycle recruitment process from job posting to candidate onboarding for all requisitions globally, ensuring adherence to metrics on time to fill, workforce plan completion, diversity of hires, Hiring Manager experience, and candidate experience. • Define overall recruitment strategy in line with the People Strategy and business needs, clarifying roles and accountability of team members and relevant stakeholders.• Bring innovative solutions and best practices in the recruitment space to achieve an efficient and effective recruitment process and improve quality of hire.• Set and adhere to high standards of delivery and client service, proactively seek feedback, and strive for continuous improvement.• Train and coach individual team members, facilitating their professional growth and ability to perform their function at a high level.• Handle high-profile recruitment roles in direct coordination with Hiring Managers.• Track, analyze and interpret relevant data and metrics from multiple sources to inform strategies to meet recruitment goals globally.• In collaboration with Executive Resources team, foster relationships with global recruitment search firms, agencies and other relevant vendors.• Represent IFC externally in talent outreach events, on social media, and in other fora to actively promote IFC as an employer of choice and identify prospective talent.• Facilitate solving complex team problems and recruitment challenges.• Work closely with the DEI team to embed inclusive hiring practices into the recruitment process. Selection Criteria• Master's Degree in Human Resources Management, Organizational Development, Business Administration, Public Sector Management, or related fields, and a minimum 8 years of relevant HR experience, including experience successfully leading high volume international recruitment teams.• Knowledge of HR best practices, demonstrating command of related policies, priorities, and practices and a track record of bringing innovative solutions to the recruitment space.• Experience with a wide range of recruitment technology applied to sourcing, screening, and hiring.• Deep familiarity with talent pools and labor trends globally.• Ability to understand business operations and translate corporate objectives into an effective recruitment strategy.• Track record of leading a geographically dispersed team delivering consistent processes to high standards and fostering an environment of trust and professional growth.• Excellent teamwork and collaborative skills across boundaries, and the ability to influence and manage working relationships with managers, staff, and candidates at all levels. • Good judgement and ability to make timely decisions and resolve complex issues.• Excellent verbal and written communication skills in English; other languages in the region a plus. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.
The World Bank (WB) is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions (IBRD, IDA, IFC, MIGA, and ICSID) dedicated to ending extreme poverty, increasing shared prosperity, and promoting sustainable development on a livable planet. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org. The WB Finance & Accounting (WFA) Vice Presidency is responsible for all aspects of the financial reporting and internal control framework for IBRD and IDA, and the extensive Trust Fund/Partnership portfolio of the WB entities. It supports an appropriate fiduciary control framework and administering disbursements for Bank lending and leads the client service function for the WB's corporate expenses.Organizationally, WFA is comprised of three departments: (1) Corporate Accounting and Reporting, (2) Trust Funds and Loans, and (3) Financial Controls. Within WFA, Accounting Policy is the central unit for accounting policy development and advice for IBRD and IDA. This is done by monitoring and evaluating external standard-setting activities for both accounting and auditing policy and practice, as well as regulatory activity. Our team members establish IBRD's and IDA's position in response to proposed accounting and auditing standards, and at times, formally conveys the Bank's views to external standard setting entities in the form of comment letters.The Accounting Policy Unit is currently seeking a Policy Officer for its team in Washington, DC. How your contributions will help us achieve our goalsThe Policy Officer, Accounting Policy plays a lead role in assessing the impact of new and proposed accounting and auditing pronouncements on IBRD's and IDA's financial statements, financial operations and governance, and provides accounting policy advice on the accounting and financial reporting implications of existing and potential transactions of the Bank. The Policy Officer also serves as an external audit liaison on policy issues, including serving as an institutional focal point for the external audit policies established by the Board. As a Policy Officer in the Accounting Policy Unit, you will report to the Head of Accounting Policy for IBRD and IDA. What you will do:• Monitor External Activities including the FASB, IASB, PCAOB, AICPA, IAASB, and SEC. Participate in formulating IBRD's and IDA's position on proposals and may draft public comment letters to external standard setting entities reflecting the Bank's position. • Assess Standards for the impact of and prepare policy deliverables for new pronouncements, exposure drafts, and other due process documents. Participate in implementation of applicable final accounting standards.• Review Financial Statements and Management Discussion and Analysis for IBRD and IDA. • Accounting Policy Advisory by providing advice and expertise to the units in WFA and to other parts of the Bank on the accounting and financial reporting implications of existing and potential transactions. Participate in the assessments of new products. • Internal Controls Participate in maintaining an effective system of internal control over the Accounting Policy function through following protocols for documentation and communication. • Participate in the annual assessment of the function under the Internal Control over Financial reporting (ICFR) attestation process, including preparing walkthrough materials and providing supporting documentation. • External Audit Relationships through interaction with external auditors on accounting policies and financial statement disclosure matters. Selection Criteria Education & Experience:• CPA, CA or equivalent designation• Master's degree in Accounting, Finance or MBA • 6 or more years of experience in financial reporting and analysis, strong knowledge of U.S. GAAP and proficiency with researching accounting literature • Preferable: Big Four or equivalent public accounting experience is highly desirable Knowledge and Skills:• Demonstrated strong technical accounting skills• Excellent oral and written communication skills in English• Demonstrated ability to manage effectively tasks of diverse sizes, from small to complex, and competing demands in a timely manner• Proven ability to work in a team environment• Strong knowledge of and experience with internal controls over financial reporting Abilities:• Ability to articulate complex technical ideas clearly to all levels of management and staff with good presentation skills• Proactive, innovative, with an open, collegial and solutions-oriented work style• Ability to listen and integrate ideas from diverse views, create partnerships, and collaborate with others while maintaining individual responsibility• Ability to deal appropriately with confidential and sensitive matters. World Bank Group Core CompetenciesThe 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. This is how cinfo can support you in the application process for this specific position:Before you apply for this position: Improve your application documents by registering for a Job Application Support.When invited to the interview: Prepare for the interview by registering for a Job Application Support.For Swiss nationals who get invited to the first round in the selection process (written test, interview, assessment centre, etc.):Please let us know so that we can inform our HR partners from the respective organisation and the Swiss Government to increase your visibility: recruitment@cinfo.chBenefit from free interview preparation by registering for a Job Application Support.