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 IFC 3.0 strategy aims to stimulate more investment activity across emerging markets, especially in Low Income Countries (LICs) and Fragile and Conflict affected States (FCS). Our goal is to create, deepen, and expand markets and design and develop impactful investment projects. This strategy is, in part, premised on improved country/sector diagnostic, strategic, and public sector engagement capabilities, which seek to: 1) resolve obstacles to private sector growth via diagnostic and strategic work that informs both IFC operations and relevant IBRD/IDA policy operations; and 2) overcome the shortage of investable projects in priority markets by proactively improving the private sector ecosystem at the country and regional level. The Country Advisory and Economics team for the Eastern and Southern Africa Region (CAEAE) supports the region through provision of country economic diagnostics, strategy, and engagement products as well as through direct support to operational teams and country units, in collaboration with economists throughout the World Bank Group. Specifically, the team has four principal functions: • Producing both regional and country-level economic assessments to support IFC's strategy and operations. • Collaborating with regional and industry colleagues to produce analytical products such as Country Private Sector Diagnostics (CPSDs) and IFC Country Strategies. • Significantly contributing to WBG products such as Systematic Country Diagnostics (SCD), Country Climate and Development Reports (CCDR), and IBRD/IDA lending operations; and • Putting IFC's country strategy and diagnostic recommendations into practice through Advisory projects that engage with governments, regulators, civil society, development partners and other relevant stakeholders to reform markets and sectors and address key bottlenecks to private sector development. CAEAE is hiring an Operations Officer to be based in Addis Ababa, Ethiopia working closely with IFC country, industry, and upstream teams in select countries in the Eastern Africa Region. The Operations Officer will report to the Country Advisory & Economics Manager in CAE. Roles & Responsibilities: In this role, the selected candidate will serve as an Operations Officer for the CAE team in Adds Ababa, Ethiopia. He/she will work closely with IFC Country Management Unit, Upstream, Investments and Advisory staff as well as World Bank staff to design and ensure implementation of reforms that address bottlenecks faced by investors in IFC's priority sectors, using a variety of WBG tools and offerings. He/she will play a leading role executing strategic initiatives to enhance the CAE's functions in Ethiopia, develop new projects and support the implementation of active programs and support the delivery of the WBG/IFC country strategy and business plan, and deliver high quality advisory engagements to the Government and private sector. Duties and Accountabilities: Client and Stakeholder Management: • Provide advisory services and monitor progress in implementing financial sector/private sector related reform initiatives. • Develop new business in line with client and market needs aligned with IFC priorities. • Communicate with senior level clients of the Government and private sector and articulate the case for enabling environment related reforms that are critical to unlock private investment potential. • Work collaboratively with IFC Investment/Upstream/Advisory colleagues to align advisory to help build a pipeline of investment projects and provide solutions to key portfolio clients. • Engage with the relevant teams at the World Bank and IFC for reforms needed to unlock new markets and work collaboratively with Upstream teams. • Report progress to development partners on donor funded programs and develop new fund-raising proposals. Design and Operationalize Solutions: • Collaborate with Upstream/industry specialists in the identification, design and deliver of implementation support for relevant reforms to improve the enabling environment to create markets and promote private investments in Ethiopia. • Develop and contribute to the development and approval of relevant project documents (Concept Notes and Implementation Plans) and client deliverables to ensure standards and objectives are met. • Leverage relationships with Government officials, private sector and World Bank Group staff to design and implement reforms using existing or new projects and tools to support reform implementation. • Improve the design and delivery of client solutions by incorporating global best practices and lessons from past. Partner with results team in developing appropriate theories of change and results frameworks and indicators to strengthen the development impact and sustainability of client solutions and continuously learn from client projects/ engagements. • Ensure high quality of project supervision and completion documents and provide timely and high-quality support to clients. Moreover, support client in implementing recommendations and help trouble shoot as needed. • Manage project budgets and ensure efficient/ effective use of resources. Create and Share Knowledge; Build Capacity: • Support sharing of tools and guidance to clients incorporate internal and external best practices. • Proactively strengthen the value proposition of advisory products through new trends and partnerships. Selection Criteria • Master's degree in Economics Law, Finance or Business, or a closely related field • At least 7 years' relevant professional experience with a focus on delivering private sector and financial sector/investment climate reforms in Ethiopia. • Strong skills and demonstrated track record in delivering advisory engagements, particularly in the areas of private sector development as well as financial sector issues. • Understanding of Ethiopia's business environment for the private sector and opportunities for private sector investments, and great knowledge of key stakeholders in this area. • Existing / established network with relevant Ethiopian stakeholders in government and the private sector would be an advantage. • Understanding of IFC and WBG products/ instruments and where there are opportunities for cross-organizational collaboration. Demonstrable experience working on IFC and WBG products will be an advantage. • Understand the implications of different policy and regulatory frameworks governing the thematic areas. • Able to design, negotiate and lead efforts to develop client offerings that reflect in-depth knowledge of thematic area and understanding of business case for how thematic focus will help client to improve their business. • Able to identify how changes in markets, business climate, regulations or emergence of new/ successful innovators/ disruptors may create new opportunities for IFC to accelerate its mandate in a thematic area. • Able to design research and analytical projects or major portion of complex projects to credibly produce new understanding of a thematic issue and/or potential opportunities to unlock new markets or new streams of business. • Ability to conceptualize and lead research and analytical projects that could ultimately lead to the opening of new markets and/or reframe thinking on thematic approaches to better meet IFC and WBG mandates. • Able to develop the research storyline that is relevant to and engages targeted stakeholders and mobilizes needed expertise. • Able to move research proposals and results across functions to ensure relevant aspects becomes anchored and integrated with the work in those functions. • Excellent knowledge of Word, Excel, PowerPoint and aptitude to learn new systems is a must. • Ability to use project management systems is a plus. • Excellent written, verbal communication and presentation skills plus fluency in English is must. [World Bank Group Core Competencies](https://bit.ly/2kbIA7O) The 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](https://www.worldbank.org/en/about/careers) and [IFC](https://www.ifc.org/wps/wcm/connect/Careers_Ext_Content/IFC_External_Corporate_Site/IFC+Careers/Working+at+the+IFC/), including our values and inspiring stories. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here : [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
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 Treasury Client Solutions Department provides IFC's clients with innovative forms of local currency financing with a focus on the development of domestic debt markets to help increase the capacity for long-term local currency investment. The group has global responsibility for derivative transactions (cross currency swaps, interest rate swaps, currency forwards, and Eurodollar futures), structured products (securitizations, covered bonds, credit guarantees, risk participations, structured debt funds and similar structures), and debt capital markets including IFC's own local currency bond issuances. IFC is conducting a search for a Financial Analyst to join the Treasury Client Solutions Department in Washington DC focusing on Latin America and the Caribbean. This is an exciting opportunity to join a team of fixed-income professionals, contribute to IFC's strategic priorities and facilitate innovative transactions across a variety of structures, asset classes, sectors and markets in the region. The position will be based in Washington DC. Duties and Accountabilities: • Contribute to the structuring and pricing of structured finance transactions; Contribute to the structuring of hedging and funding transactions through derivatives and capital markets instruments, and support traders in the execution of hedging transactions; • Contribute to structuring and execution of IFC's local currency bond issuances, by providing analytical and transactional support; • Build and adapt financial models associated with the structuring and pricing of transactions; • Conduct market research in local and international debt capital markets; • Contribute to business development and the marketing of treasury products to clients; • Establish and maintain relationships with key stakeholders, including international investment banks, local banks, capital market firms, investors, and regulators; • Provide analytics for investment committees and prepare memos for internal approvals; • Participate in negotiations and travel as required. Selection Criteria • Bachelor's degree in Finance, Business or Engineering or an equivalent combination of education and experience; • At least 2 years finance experience, preferably in fixed income (including derivatives) and/or structured finance (securitizations, credit guarantees, risk participations, structured debt funds and similar structures), within an investment bank, rating agency, or other capital-markets related entity; • Ability to multi-task and to pay attention to detail under tight deadlines and strong oral and written communication skills; • Experience in emerging markets and/or familiarity with IFC's investment process would be a plus; Focus on Latin America and/or Caribbean markets is an advantage • Highly motivated, results-oriented self-starter with proven capacity for teamwork; • Strong data analysis and financial modeling skills and Advanced knowledge of Excel, Bloomberg or Reuters is a plus; • Fluency in English is a must. Additional language skills including Spanish/Portuguese would be a plus. IFC offers rewarding careers in a challenging environment that allows for professional and personal growth with: • An exciting opportunity to work in key areas of strategic priority within IFC; • Exposure to a wide variety of transaction structures, asset classes, sectors and markets; • Client focus with potential to participate in due diligence missions and negotiations; • Work in a truly multicultural environment within IFC; • Join in IFC's mission to promote sustainable private sector investment in developing countries, creating opportunity and improve people's lives; • Exposure to cross-currency derivatives markets, local currency bond issuances, as well as structured finance transactions covering various asset classes and geographic markets; • Facilitate first-time transactions in emerging markets. [World Bank Group Core Competencies](https://bit.ly/2kbIA7O) The 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](https://www.worldbank.org/en/about/careers) and [IFC](https://www.ifc.org/wps/wcm/connect/Careers_Ext_Content/IFC_External_Corporate_Site/IFC+Careers/Working+at+the+IFC/), including our values and inspiring stories. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here : [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
IFCa 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 $43.7 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), monitoring and evaluating impact of both investments and advisory projects, helping to ensure high-quality economic support for IFC investment teams on strategies and projects, and developing sector economic analyses with a focus on solutions for private sector development. In short, the department offers "end-to-end" support and impact assessments for IFC investments and advisory services, engaging upstream and downstream throughout the project cycle. 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 (CDIDF). The department also includes staff working on economic modeling, results measurement, corporate reporting and sustainability, that support all industry groups (CDIIM). The CDIMA team is in charge of implementing CDI mandates and deliverables described above in relation to investment and advisory projects across Manufacturing, Agribusiness and Services comprising health, education, tourism, retail and properties (collectively, MAS). CDIMA is seeking to hire an economist to perform development impact work across MAS sectors with a focus on Services. The economist will provide, on an ongoing basis, operational support to assess the impact of MAS investments, 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 ex-ante development impact assessments of investment projects in MAS sectors with a focus on services, and generate economic input into investment approval reports. This includes implementing AIMM to analyze, rate and articulate project impacts. • Contribute to shape continuous improvement of results by monitoring project impact ex-post, and providing feedback and lessons learnt to MAS operations teams. • Support the ongoing AIMM sector updates to reflect changing corporate priorities and new types of investments responding to emerging global challenges in existing sector frameworks. • Monitor global trends affecting MAS corporates with a focus on firms operating in services sectors in emerging markets, and advance the ongoing refinement of impact measurement methodologies to fully account for these issues. • Support ongoing analytical work analyzing trends and developments in MAS sectors 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 these sectors. • Contribute to ongoing impact evaluations with the objective to enhance the feedback loop in IFC's MAS operations and influence project designs to strengthen development impact. • Prepare briefs, reports, and presentations to IFC senior management and the Board as well as external stakeholders. • Perform other tasks as requested by CDI management. Selection Criteria • A post graduate degree in Economics or closely related field with solid training in quantitative and qualitative research methods. A Ph.D. in economics with at least 2 years of relevant experience would be a plus. • At least 6 years of experience pertaining to economic analysis of MAS sectors (sector dynamics, emerging trends, development impacts), demonstrating analytical and research skills, including track record of working on preparing economic papers and sector strategies in areas related to one or more of these sectors. • Strong understanding of one or more MAS sectors, the determinants of sector competitiveness and the impacts and implications of different economic policy frameworks. Experience in services sectors is a plus. • Experience in development impact measurement of private sector investment projects in DFIs. This includes design of development impact assessment frameworks, understanding of private sector development in emerging markets, and assessing the development impact of private sector investments. Knowledge of IFC and its processes is a strong plus. • Familiarity with academic and business literature, databases and other sources of information on one or more CDIMA sectors (with a focus on services sectors), demonstrated through the preparation of reports and economic papers, and an ability to identify research gaps and prepare research programs. • Strong analytical and quantitative skills and ability to write robust research papers. Proven capability to produce analytical work to a high professional standard, with minimum supervision. Publication record 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. • 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. Demonstrated ability to build partnerships with key stakeholders to conceptualize and implement solutions. • Proven ability to work in multi-cultural environments. [World Bank Group Core Competencies](https://bit.ly/2kbIA7O) The 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](https://www.worldbank.org/en/about/careers) and [IFC](https://www.ifc.org/wps/wcm/connect/Careers_Ext_Content/IFC_External_Corporate_Site/IFC+Careers/Working+at+the+IFC/), including our values and inspiring stories. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here : [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
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. IFC's Infrastructure Department for Latin America and the Caribbean (LAC) is recruiting an Associate Investment Officer to work in helping identify business opportunities; support the structuring and execution of infrastructure investment transactions (project finance, corporate finance, equity and hybrid instruments); and actively manage portfolio investments in core infrastructure sectors (water, energy, transport, waste, municipal infrastructure and telecom). The new hire should be available to engage in infrastructure projects throughout the Southern Cone LAC region (including Argentina, Chile, Paraguay and Uruguay) but with a focus on Chile. The overall goal of the job holder is to perform the regular activities of an Associate at a Project Finance/Infrastructure department. The candidate is required to know and effectively use financial modeling, thus familiarity with Excel is a strict requirement, as well as with Spanish and English. Willingness to travel is required. The appointee will be stationed in Santiago, Chile reporting to IFC's Regional Lead for the Infrastructure team and to the LAC Infrastructure Regional Manager. ROLES AND RESPONSIBILITIES: • Support transaction teams during investment due diligence and execution. Prepare investment committee materials, evaluate, structure, negotiate, and close new transactions. • Draft and present memos of relevant early-stage investment opportunities for discussion with management. • Actively manage and/or support portfolio investments, including credit risk assessment, financial analysis, processing waivers, disbursements, etc. • Assist in mapping and screening business opportunities in infrastructure sectors; undertaking market research and performing corresponding integrity checks. • Build complex financial models from scratch, perform financial analysis, and/or provide quality control over financial analysis and projections developed by an analyst to evaluate the benefits and risks of investments. • Produce country and sector analysis, marketing materials, and pitch books. • Support the development of a strong pipeline of investment opportunities by anticipating market trends and employing sector/country knowledge. • Coordinate closely with social, environmental, legal, and technical specialists to add value to our clients' businesses, find pragmatic solutions to specific sector challenges, and achieve sustainable development impact. • Support teams managing relationships with clients, global and regional private businesses, banking and multilateral partners, and government officials to further develop the sector and to develop specific investment opportunities. Selection Criteria The following are requirements (candidates will not be considered if they do not meet any of those): • A master's degree in a related field of education, including business, finance, or economics, or an area of expertise specific to a sector or industry specialty. • Ability to conduct business in English and Spanish, both verbally and in writing. • 4–8 years of relevant experience. Relevant experience could include project finance, private equity, or investment and commercial banking. • Strong knowledge of Excel and financial modeling, and ability to analyze and form conclusions on company financial information. The following are highly desirable: • Experience in infrastructure transactions in Latin America and the Caribbean, particularly in Chile and the Southern Cone. • Genuine interest in, and knowledge of relevant infrastructure and regional sector trends. • Strong interpersonal skills and ability to interact effectively and independently with clients and colleagues from various cultural backgrounds. • Highly motivated, and committed to the highest ethical standards. • Genuine commitment to sustainable development. • Interest in working in a multicultural work environment. • Proactivity to lead and take accountability for specific workstreams in the transaction processing. [World Bank Group Core Competencies](https://bit.ly/2kbIA7O) The 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](https://www.worldbank.org/en/about/careers) and [IFC](https://www.ifc.org/wps/wcm/connect/Careers_Ext_Content/IFC_External_Corporate_Site/IFC+Careers/Working+at+the+IFC/), including our values and inspiring stories. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here : [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
IFCa member of the World Bank Groupis the largest global development institution focused on the private sector in emerging markets. We work in more than one hundred countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $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 the global compounding crises. For more information, visit www.ifc.org. The IFC 3.0 strategy aims to stimulate more investment activity across emerging markets, especially in Low Income Countries (LICs) and Fragile and Conflict affected States (FCS). This strategy aims to create new opportunities for private investments in riskier markets and sectors by proactively working "upstream" to create, deepen, and expand markets and design and develop potential investment projects. Achieving these growth and impact ambitions at scale requires a different approach to business development, deal sourcing, and client support that relies on: i) a broader product offering to engage earlier in the project cycle and secure opportunities; ii) a greater focus on preparing clients in nascent markets and sectors for investment; iii) a greater focus on value addition and risk management of portfolio investment clients to enhance their performance; and iv) a longer time horizon and a more patient, longer-term perspective. To support this approach, IFC is seeking an Upstream Associate/Investment Officer to join the Manufacturing, Agribusiness and Services (MAS) department in the IFC Office in Lagos, Nigeria. The Upstream Associate/Investment Officer will be responsible for sourcing and executing investment transactions in the MAS sectors, enhancing investment outcomes, and to improve investment conditions in the MAS sectors in Nigeria and across the Anglophone West and central Africa region (Cameroon and Central Africa). In this role, the Upstream Associate/Investment officer will work closely with Country, Regional, Investment, Upstream & Advisory teams across the institution to support IFC's strategic and business objectives. This position will report to the Upstream Agribusiness Hub Lead for North Africa with secondary reporting to the Upstream Manufacturing and Services Lead for North Africa. Duties and Accountabilities: The roles and responsibilities will include but not be limited to: • Support the identification and assessment of Upstream & Advisory and Investment opportunities based on country and sector strategies and market creation potential. • Conduct market mapping, comparator sector analysis, and company financial projections/models. Analyze historical and projected financial statements of companies within the sector to support informed decision making. • Support in various aspects of business development including writing concept notes, preparing budgets, brief presentations or other materials as requested. • Assist with overall portfolio management, planning and monitoring of results and deliverables to ensure timely and quality delivery of the work program. Be on top of IFC systems and processes. • Maintain a good working knowledge of IFC's MAS product offering and be able to effectively communicate it to others as needed. • Work closely with the IFC Investment Services team across countries in Nigerian and the Central African region to contribute to the development of early-stage project collaborations and co-developments; feasibility studies; and/or pilot projects that lead to investment opportunities for the IFC MAS sectors. • Assist in designing and implementing scalable solutions and platforms that can be replicated across different African markets. • Interact effectively with an extensive network of contacts (both internal and external) and respond effectively to inquiries and to diverse situations that require tact and pragmatic problem-solving skills. Liaise when needed with partners, clients, and service providers to ensure continuity of business operations. • Identify trends, technologies, and business models; and develop innovative solutions to meet client and market needs. • Lead client projects end to end by (a) regularly monitoring the project's financial situation (b) efficient procurement of consultant services and (c) providing monitoring and reporting information to ensure the delivery of results in accordance with the approved project business and M&E targets. • Prepare project supervision and donor reports, including M&E reports and the required back-up data which confirms the reported results and achievements. • Serving as an integral part of the MAS Upstream & Advisory team and support Project Leads as needed in providing: advice; implementation support; and assistance with project implementation management. • Develop strong relations with internal clients, other WBG units, and development partners on operational matters. Selection Criteria • Master's degree or equivalent professional qualification in Business, Finance, Economics or another relevant field. • 7-8 years of relevant experience in project and/or program development, producing feasibility studies, hands-on advisory and/or consulting functions in emerging markets. • Strong experience in investment banking, private equity, fund management or related areas with direct involvement in investment transactions. • Strong quantitative skills; familiarity with company evaluation and valuation; and proven experience with designing and/or working with financial models. • Experience in project/program management, including executing implementation plans with defined business development milestones. • Ability to engage with private sector clients, local and national governments, and other stakeholders to encourage pioneering business and market development. • Proven track record in nurturing client relationships, resolving challenging issues and ability to deal sensitively in multi-cultural environments. • Demonstrated ability to deliver results under tight timetables; strong organizational, administrative, project and task management skills. • A genuine commitment to development and to the World Bank Group and IFC's mission, strategy, and values. • Understanding of IFC's strategic priorities and changing business model against the backdrop of IFC 3.0. • Outstanding analytical and critical thinking skills, and a high capacity for teamwork and collaboration skills. • Strong written and verbal communications skills in English [World Bank Group Core Competencies](https://bit.ly/2kbIA7O) The 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](https://www.worldbank.org/en/about/careers) and [IFC](https://www.ifc.org/wps/wcm/connect/Careers_Ext_Content/IFC_External_Corporate_Site/IFC+Careers/Working+at+the+IFC/), including our values and inspiring stories. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here : [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
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. Within IFC, the Corporate Portfolio Management (CPM) Department, under the IFC Vice President of Global Industries, is responsible for the oversight and monitoring of the debt and equity portfolios at a corporate level, and works to provide an efficient operating model and tools through the Operational Support Unit and the Systems and Data team. CPM has created a small team of Portfolio Analysts/Officers providing support to regional industry teams on matters related to equity and derivatives valuation, documentation of product features, methodological consistency, etc. Duties and Accountabilities Operations support Products and Features in IFC's Equity Systems: • Liaise with Investment Accounting Review Services to obtain their accounting review results which highlight options that need to be tracked and ensure that IFC's Equity Systems are set up accordingly in coordination with other relevant stakeholders • Ensure that the right issues/repeat investments are properly documented at the commitment stage Listed equities • Track corporate actions recorded in Equity and Custody Operations and follow up with responsible Investment Officers to process such corporate actions on time Other corporate events • Work with responsible Investment Officers and report any corporate events to the Investment Accounting and Review Services and Investment Valuations units. • Upon Investment Accounting and Review Services issuing accounting conclusion on corporate events, follow up with responsible Investment Officers to implement the conclusion and provide system/process support related IFC's Equity Systems Ownership Percentage • Ensure responsible investment teams provide share certificates to Equity Custody and Operations • Verify IFC's ownership percentage in IFC's Equity Systems Upon commitments, disbursements, and equity sales: • Set up or update valuations in IFC's Equity Systems Equity Valuation Quality Control Initial review of valuation updates focusing on the following: Discounted Cash Flows (DCF) • Ensure macro assumptions are consistent with IFC's macroeconomics research and analytics team • Ensure availability of documentation on: o Whether the forecast is on a real or nominal basis o Basis and sources of the key inputs re business assumptions, WACC calculation components, etc., including uploading relevant documentation into IFC's Equity Systems • Ensure that models are free of mistakes • Ensure that assumptions used in specific sub-sectors/countries are consistent across relevant portfolios Relative methods • Assess the rationale for the selection of multiples and comparators Liquidity Discount • Follow the liquidity discount framework and look for consistency across valuations Application of other methodologies are: • Consistent with relevant policies and procedures • Properly documented IFC Asset Management Company • Ensure support functions applied to IFC's direct investments are consistently applied to AMC investments Selection Criteria • MBA or a Master's degree preferably in Finance/MIS with 3 or more years of relevant experience in economics, finance and/or related fields; • Strong analytical and quantitative skills, practical problem-solving abilities, and resourcefulness in performing varied tasks. • Knowledge of IFC operations and portfolio would be a plus. • Extensive experience and knowledge of Microsoft Excel; previous training/experience in basic programming and econometric packages; and more importantly, a proactive attitude towards learning new systems, programming languages, databases and packages. • High level of attention to detail and capacity to deliver high-quality work. • Ability to analyze information/system process requirements and translate them into design specifications for process changes and/or automated solutions. • Ability to thrive under pressure and function effectively while managing multiple tasks simultaneously. • Excellent people skills and ability to work successfully in multicultural teams and across boundaries. Ability to adapt to fast changing environment. • Demonstrated written and verbal communication skills in English; other foreign language skills are a plus. [World Bank Group Core Competencies](https://bit.ly/2kbIA7O) The 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](https://www.worldbank.org/en/about/careers) and [IFC](https://www.ifc.org/wps/wcm/connect/Careers_Ext_Content/IFC_External_Corporate_Site/IFC+Careers/Working+at+the+IFC/), including our values and inspiring stories. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here : [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
Description Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org. The Global Environment Facility (GEF) is a multilateral financial mechanism created in 1991 to provide grant and concessional funds to recipient countries for projects and programs that address biodiversity loss, climate change mitigation and adaptation, degradation of international waters, land and forests, ozone depletion, elimination or reduction of persistent organic pollutants and mercury, all within the framework of sustainable development. The GEF unites 186 countries in partnership with international institutions, civil society organizations (CSOs), and the private sector to address global environmental issues while supporting national sustainable development initiatives. An independently operating financial organization, GEF is the designated financial mechanism for five multilateral environmental conventions: The Convention on Biological Diversity, the Stockholm Convention on Persistent Organic Pollutants, the UN Framework Convention on Climate Change (UNFCCC), UN Convention to Combat Desertification, and Minamata Convention on Mercury. GEF was also recently designated to serve as part of the financial mechanism of the international legally binding instrument under the United Nations Convention on the Law of the Sea on the conservation and sustainable use of marine biological diversity of Areas Beyond National Jurisdiction (BBNJ). Since 1991, the GEF has achieved a strong track record with developing countries and countries with economies in transition, providing $24.7 billion in grants for over 5,700 projects in over 170 countries. The GEF Secretariat is a Vice Presidential Unit (VPU) within the World Bank for administrative purposes and has approximately 70 professional, administrative and client support staff. The Secretariat is seeking a Senior Biodiversity Specialist to support the Programming Division with a series of program management, analytical and policy needs. Duties and Accountabilities: The GEF Secretariat is looking for a dynamic and experienced Senior Biodiversity Specialist to participate in the Latin America Regional Team to support the implementation of the GEF-8 and cycle and beyond to support the GEFSEC's mandate to deliver global environmental benefits by supporting developing countries in their commitments towards several Multi-lateral Environmental Agreements. The ideal candidate should have a workable understanding of the complexity of the GEF partnership arrangement and of the dynamics of a complex set of GEF client countries. The candidate should have strong interpersonal skills, at least some experience with projects in developing countries, along with political acumen and the capacity to work effectively on sensitive issues with senior management, the GEF Council and across different agencies of the GEF. The Sr. Biodiversity Specialist will provide support to the Programming Division specifically with a focus on Latin America and work across regions and thematic focal areas, as required. Project Review and Regional Team Participation Under the supervision of the Manager of the GEF Programs Unit, the position will.... 1. Participate in the Latin America Regional Team, and contribute in the continued implementation of the Programming Division business model including country resource programming, updates, and adjustments and participate in resource programming in the Regional Team with GEFSEC staff, GEF Agencies and Countries, including strategic role at the regional and country dialogues. 2. Play an important role in developing strategies and programs to enhance GEFs impact and support the management of GEF's portfolio of ongoing projects (including direct access projects) through implementation, monitoring, and evaluation activities with GEF Agencies and countries. 3. Manage reviews of project proposals to be financed by the GEF Trust, according to the agreed project review criteria, provide guidance on major issues involved in the development of project proposals and assist in overall preparation of work programs to be presented to council. 4. Participate in the GEF work within the Latin America Regional Team on GEF issues, including participation in country dialogues, expanded constituency workshops, and the GEF Country Engagement Strategy. As required represent the GEF at a senior level at selected international; political, scientific and operational forums. 5. Participate in the political outreach to relevant countries in international fora, in particular with the Rio Convention (CBD) and other related international instruments 6. Provide quality inputs to the CEO and senior management on country and thematic briefings, talking points, speeches, analytical/strategic documents 7. Support the development and implementation of results-based management (RBM) and the integration of knowledge management in RBM, operational processes and procedures as requested. 8. Undertake additional duties as required by Director and Manager of the Programming Division. Participation in Biodiversity Focal Area Team 1. Under the guidance of the Manager of Conventions and Funds Division and in collaboration with the BD focal area coordinator, participate and follow the UNCBD meetings and negotiations and lead the political outreach where required. Promote regular and informed communication about the biodiversity program of the GEF, with the GEF Family and the UNCBD Parties and Secretariat. 2. Under the guidance of the Manager of Conventions and Funds Division and in collaboration with the BD focal area coordinator, contribute to effective coordination of GEF's strategic engagement related to the Convention and other international negotiations, and the biodiversity focal area. This will include CBD COP as well as other Conventions' meetings as relevant, consultations on draft guidance preparations, and provide support to the CEO and GPU Director for their engagement. 3. In collaboration with the BD focal area coordinator, contribute to the biodiversity focal area team as a BD specialist and in related tasks force teams and their dynamics. 4. Contribute to the GEF replenishment and provide constructive inputs to the new programming and policy reform/directions. 5. Support the development and delivery of GEF reports, Council documents, engagement plans, and other work products related to 1 above and as indicated by MEA Lead. Selection Criteria • The candidate should possess a Masters with at least eight years of experience, or a Ph.D., with five years of experience in the field of biodiversity, natural resources management/environmental sciences, economics, or other relevant discipline. • The candidate should have at least 5 years of work experience managing biodiversity projects and programs in developing countries. • The ideal candidate should have been exposed to working with Indigenous Peoples on environmental issues and/or in Asia countries in general. • Ability to deal with a range of stakeholders, international organizations, development agencies, scientific and technical bodies, developing country counterparts, and NGOs would be an advantage. • Ability to think analytically, strategically, and programmatically. • Excellent technical and working knowledge in various sectors • Proven record of constructive and positive engagement in leading a program and policy dialogue with client Governments, donors and other stakeholders; • Proven ability to work in teams, both as a team leader and team member • Excellent verbal and written communication skills in English, including ability to communicate complex issues to a wide range of audiences. Second language (French, Spanish or Portuguese) is highly desirable. • Ability to work independently on complex tasks on tight deadlines. • Demonstrated ability to function as a team player within and across teams. • Ability to work in a multicultural environment in an international setting; • Working knowledge of the operations of the Global Environment Facility and its Agencies. [World Bank Group Core Competencies](https://bit.ly/2kbIA7O) The 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](https://www.worldbank.org/en/about/careers) and [IFC](https://www.ifc.org/wps/wcm/connect/Careers_Ext_Content/IFC_External_Corporate_Site/IFC+Careers/Working+at+the+IFC/), including our values and inspiring stories. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](http://www.cinfo.ch/en/job-application-support). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here: [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
THE BANK: Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 81 member states, including 54 in Africa (Regional Member Countries). The Bank's development agenda is delivering financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Bank's strategy and ensure greater developmental impact, five major areas, all of which will accelerate our delivery for Africa, have been identified for scaling up, namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa. THE COMPLEX: The President, plans, supervises, and manages the business of the Bank Group. Under the direction of the Boards of Directors, the President conducts the business of the Bank and the African Development Fund and manages operations and activities in accordance with the Agreements establishing the African Development Bank and the African Development Fund. The President supervises several Departments and Units including the Office of the President; Independent Development Evaluation Function; Integrity and Anti-Corruption Department; Compliance Review and Mediation Unit; Secretariat to the Sanctions Appeals Board; Administrative Tribunal; Office of the Auditor General; Group Risk Management Function; General Counsel and Legal Services Department; Communication and External Relations Department; Staff Integrity and Ethics Office and Office of the Secretary-General & General Secretariat. THE HIRING DEPARTMENT: The Group Risk Management Function (PGRF) develops policies and guidelines, methodologies and systems relating to credit risk assessment, market risk, and operational risk and ensures internal consistency of all of the Bank's risk management policies and guidelines, including those initiated and developed by other departments. The main mandate is to safeguard the Bank's financial integrity and consolidate all core risk management activities of the Bank in order to exercise comprehensive oversight over the Bank's risk exposure. In delivering its mission, PGRF focuses largely on promoting the Bank Group's strategic goals within a defined risk tolerance framework. THE POSITION: The key objectives of the Non-Sovereign Credit Risk Unit (PGRF1), within the broader mandate of Risk Management Function (PGRF), are to: - Ensure adequate assessment of credit risk of new non-sovereign operations as well as regular review of the Bank's non-sovereign credit portfolio; - Develop policies and guidelines, methodologies and systems relating to non-sovereign credit risk assessment and management for the Bank; - Ensure internal consistency of all Bank's non-sovereign credit risk policies and guidelines including those initiated and developed by other Departments; - Monitor and report on compliance with policies and guidelines; and - Contribute to the development of strategic risk metrics and a risk culture within the organization through the following: (i) managing the risk profile of the Bank's non-sovereign portfolio to protect the Bank's AAA credit rating and reputation; and (ii) Strengthening the Bank's internal risk framework by improving credit processes. - Ensure the functioning of the Credit Risk Committee Secretariat. KEY FUNCTIONS: Under the overall supervision and guidance of the Unit Head PGRF1, the Chief Commercial Credit Officer performs the following: - Assess non-sovereign credit risks by: - Preparing Summary Credit Notes, advising appropriate credit risk ratings, and making recommendations with respect to the further processing of individual transactions. - Regularly reviewing existing transactions and their credit ratings as well as the adequacy of impairment provisions. - Assessing specific risks of proposed individual non-sovereign transactions and recommending appropriate credit enhancement or risk mitigation measures. - Advising operations departments on the correct structuring of transactions with a view to mitigating risk. - Participating in due diligence missions on new non-sovereign transactions and supervision missions on active projects, contributing to a better understanding of risks associated with them and of risk mitigation options. - Advise appropriate pricing terms in consultation with syndication and investment officers. - Participate in the development and updating of commercial credit risk management policies, guidelines, processes, and procedures for their implementation by: - Regularly reviewing the adequacy and appropriateness of policies, guidelines, and procedures and proposing amendments as they may become necessary. - Participating in the development and upgrading of commercial credit risk identification and assessment methodologies, including appropriate assessment, monitoring, and management of tools and systems. - Participate in portfolio monitoring and reporting by: - Monitoring of compliance with existing credit limits, KPIs, and thresholds. - Establishing and forecasting trends with respect to portfolio concentrations and proposing portfolio management initiatives to mitigate concentration risks. - Preparing technical notes and/or papers or conduct studies of interest to the Bank on commercial credit risk and related issues. - Participate in risk-related discussions by: - Participating in management review committees and Board Committee sessions on non-sovereign transactions. - Propagating a risk culture and serving as the technical focal point. - Interacting with Internal and External Auditors and Rating Agencies. - Be responsible for the functioning of the Credit Risk Committee (CRC) Secretariat by: - Preparing meeting minutes and decision notes related to the CRC. - Coordinating the process flow between sector departments, regions, and other committees. - Assume supervisory responsibilities and provide training, mentoring, and coaching to junior staff and the wider ecosystem. - Lead ad hoc assignments related to non-sovereign credit risk issues and technical working groups COMPETENCIES (skills, experience, and knowledge): - Hold at least a Master's degree in risk management, International Finance or Economics - Have a minimum of 7 years of work experience in credit assessment in private sector banking or multilateral development banking. - Hands-on experience in credit risk assessment, deal negotiation, and structuring in emerging and underdeveloped markets. - Familiarity with project finance, corporate lending, lending to financial institutions and private equity funds. - The ability to build risk tools and methodologies is desirable. - Knowledge of capital adequacy standards is required. - Considerable knowledge and experience of credit risk management techniques, sophisticated risk management products, and risk management best practices. - High degree of personal commitment, interpersonal skills with clear strategic vision and proven communication and leadership skills. - Teamwork and Relationships: Works with others to maximize the effectiveness of the team as a whole, sharing the knowledge and workload. Develops strong working relationships with colleagues and contributes to the creation of a positive team environment. - Operational effectiveness: The commitment to ensure that full use is made of the systems, procedures and culture within the organization in order to deliver the required results. - Problem-solving and decision-making skills, with the ability to analyse complex information to identify the key issue/action and drive resolution. - Innovation & Creativity: The commitment to search for and produce innovative and creative approaches to activities in order to enhance performance and create added benefits to the Bank and its clients. - Communication: Provides clear and concise oral and written communication; presents oral information with clarity and appropriate style and adapts language and style to suit the requirements of a particular audience. - Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other. - Competence in the use of standard Microsoft Office Suite applications (Word, Excel, Access and Power Point); knowledge of SAP (or other integrated document management system or quantitative and qualitative data analysis packages is an added advantage. THIS POSITION IS CLASSIFIED INTERNATIONAL STATUS AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](http://www.cinfo.ch/en/job-application-support). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here: [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
THE BANK: Established in 1964, the African Development Bank (AfDB) is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 81 member states, including 54 in Africa (Regional Member Countries). The Bank's development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Ten-Year Strategy (2023 – 2032) and ensure greater developmental impact, five major areas (High 5s), all of which will accelerate our delivery for Africa, have been identified for scaling up, namely; energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa. THE COMPLEX: The President, plans, supervises and manages the business of the Bank Group. Under the direction of the Boards of Directors, the President conducts the business of the Bank and the African Development Fund and manages operations and activities in accordance with the Agreements establishing the ADB and the ADF. The President supervises several Departments and Units including Office of the President (PRST0); Independent Development Evaluation Department (BDEV); Integrity and Anti-Corruption Department (PIAC); Compliance Review and Mediation Unit (BCRM); Secretariat to the Sanctions Appeals Board (BSAB); Administrative Tribunal (BATR); Office of the Auditor General (PAGL); Group Risk Management Directorate (PGRF); General Counsel and Legal Services Department (PGCL); Communication and External Relations Department (PCER); Staff Integrity and Ethics Office (PETH) and Office of the Secretary General & General Secretariat(PSEG). THE HIRING DEPARTMENT: The Risk Management Department (PGRF) develops policies and guidelines, methodologies and systems relating to credit risk assessment, market risk and operational risk, and as well as ensures internal consistency of all the Bank's risk management policies and guidelines, including those initiated and developed by other departments. The Department's main mandate is to safeguard the Bank's financial integrity, consolidate all core-risk management activities of the Bank to exercise comprehensive oversight over the Bank's risk exposure. In delivering its mission, PGRF focuses largely on promoting the Bank Group's strategic goals within a defined risk tolerance framework. THE POSITION The Senior Country Risk Officer will monitor the credit risk of the Bank' sovereign portfolio, analyze the evolution of the Bank's risk profile and its risk bearing capacity, provide advice with respect to country limits, and ensure that country risk ratings are up to date. KEY FUNCTIONS: Under the general supervision of the Division's Manager and the technical supervision of the more senior Credit Risk Officers, the Senior Country Risk Officer will: - Participate in the annual country risk rating review, off-cycle rating reviews, and prepare country risk reports by collating and analysing relevant credit related information from economic intelligence sources, national and international publications and present credit risk and rating recommendations to the Bank's Credit Risk Committee (CRC). - Undertake proactive and regular monitoring of country risk of the Bank's Regional Member Countries (RMCs) and exposures to non-Regional Member Countries, and update associated Bank lending commitments and exposure limits to RMCs. - Assist with the setting and monitoring of compliance with the Bank's country limits as well as lending programs relating to project appraisal reports and country strategy papers. Contribute to the team's continuous development of the Bank's overall limit setting framework. - Undertake data management and analytical work required to prepare the quarterly sovereign credit risk review, and country-risk related contributions to the quarterly capital adequacy report. - Assist with the preparation of Special Country Risk notes and sovereign and exposure management-related risk notes, presentations, briefs and memos for the Department's management team, the CRC and the Bank's Board. - Maintain and periodically update the Division's country risk database; ensure its integrity and accuracy. - Liaise with other Departments of the Bank and Country Offices in relation to credit assessment for country graduation or country eligibility for exceptional ADB sovereign financing. - Undertake country risk assessment missions to RMCs to update country risk profiles and prepare related special country risk reports. - Develop, review, and improve credit risk methodologies, processes, and systems for assessing, monitoring, and managing sovereign risk and capital adequacy. - Maintain a close relationship with internal and external stakeholders, e.g., Bretton Woods Institutions, to review the Bank Group's credit management policies and guidelines. COMPETENCIES (skills, experience, and knowledge) - Holds at least a Master's degree in either Economics, Finance, Risk Management, or International Banking. - A minimum of five (5) years of relevant experience in country/sovereign credit risk assessment and portfolio management as well as strong quantitative and analytical skills. - Knowledge of sovereign risk analysis, debt sustainability analysis methodologies, credit rating agency sovereign rating methodologies, and debt relief mechanisms in emerging markets. - Knowledge of credit risk management techniques, derivatives, capital adequacy standards and structured credit instruments. - Clear understanding of the Bank's development mission, products, and credit risk policies. - Excellent organizational, analytical, problem-solving, and time-management skills. High-level proficiency of data management and quantitative analysis/modelling. - Problem solving: Apply business knowledge to the resolution of problems and identify solutions to the benefit of the division and the organization. - Communication: Provide clear and concise oral and written communication; present oral information with clarity and appropriate style and adapts language and style to suit the requirements of a particular audience. - Operational effectiveness: Ensure that full use is made of the systems, procedures and culture within the organization in order to deliver the required results. - Innovation & Creativity: Search for and produce innovative and creative approaches to activities in order to enhance performance and create added benefits to the Bank and its clients. - Teamwork & Relationships: Work with others to maximize the effectiveness of the team, by sharing knowledge and workload. Develop strong working relationships with colleagues and contribute to creation of a positive team environment. - Ability to communicate effectively (written and oral) in English or French preferably with a working knowledge of the other. - High competency in the use of standard MS office applications (Word, Excel, Access, and PowerPoint); knowledge of Haver Analytics, Bloomberg, Reuters and SAP is an added advantage. THIS POSITION IS CLASSIFIED INTERNATIONAL STATUS AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT. Should you encounter technical difficulties in submitting your application, please send an email with a precise description of the issue and/or a screenshot showing the problem to: HR Direct [HRDirect@AFDB.ORG(link sends e-mail)](mailto:HRDirect@AFDB.ORG) Apply for this position 1- Regular Staff If you are currently working at the African Development Bank as a regular staff, click on the button below to apply for this position. [Apply for this position(link is external)](https://performancemanager.successfactors.eu/sf/jobreq?jobId=1665&company=africandev) 2- External Candidate If you are not currently working at the African Development Bank, or if you are a Short Term Staff (STS), a Technical Assistant or a Consultant at the Bank, click on the button below to apply for the position. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](http://www.cinfo.ch/en/job-application-support). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here: [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
Purpose of Job The Principal II is a senior member of the GEI team, which is responsible for handling all aspects of promoting gender equality, economic opportunities and human capital in all the Bank's investments in the EBRD COOs including the provision of transaction support, engagement in policy dialogue, and capacity building. Under the overall guidance of the Director, Gender and Economic Inclusion, and working in close cooperation with G&EI colleagues across all three pillars as well as other departments under the VP3 (i.e. Climate Strategy and Delivery (CSD), Policy Strategy and Delivery (PSD), Impact & Partnerships (IP)), Regional Offices the Banking department and other Bank groups (Credit, Environmental and Social Teams,, Legal, Communications etc) and other Policy teams and external engagement with a wide range of clients, partners, including in other IFIs, Government Agencies, regulators, and supervisors, institutional investors and other market participants. The role is responsible for the delivery of policy dialogue activities, ensuring coordination with banking OLs in the origination and structuring of SIG projects with policy components, leveraging transactions to develop and support capacity to implement relevant sectoral frameworks. The role entails collaboration with economists in the Impact / Partnership pillar to raise the TI ambition of projects as needed. The role reports to the Associate Director, Head of Access to Services, Gender SMART at GEI Background Policy, Strategy and Delivery (PSD) Department is established within the Vice Presidency for Policy Partnerships and responsible for delivering the strategy, policy and operational support functions across all of the bank's transition qualities (except green / climate). PSD does this by enhancing the quality, delivery and impact of the Bank's interventions through leading and supporting policy engagements in the countries of operation – including policy advisory, reform advocacy and capacity building, by providing political and political economy analysis in support of operations and high-level dialogue with the leadership of COOs, and supports the origination and structuring of transactions with policy/sectoral reform linkages and components. The GEI department falls under the Vice Presidency for Policy and Partnerships (VP3) which has an ambitious vision for the Bank's policy, partnerships and impact agenda. The VP3 aims to: (i) streamline the Bank's policy agenda by centralising the policy coordination and delivery functions; (ii) improve the Bank's results, knowledge and learning architecture and (iii) enhance the objectivity, rigor, credibility and accountability of the Bank's Impact function. The vision for this change is to have a more strategic, coherent, focused and better aligned policy, impact and partnerships functions fit for purpose to deliver on the ever more complex challenges faced by our COOs. Under the VP3, the GEI Department leads the design and implementation of the EBRD's Strategy for the Promotion of Gender Equality (SPGE 2021-2025) and the Equality of Opportunity Strategy (EOS 2021-2025). The Department also leads on the operationalisation of the engagement areas of the 2 strategies at project/ policy levels, regular internal/external updates. The Department also leads project, policy and TC design and delivery of products/solutions for access to entrepreneurship and finance, skills and jobs, and services, and inclusive elements of digital and green project/policy engagement across regions/sectors, in partnership with banking. Manage the design and implementation of the gender SMART tagging process across all sectors, provide advice to banking on optimising gender impact, and track progress. Create gender/inclusive know ledge products; lead international/MDB engagement in these areas. Internally, the Principal II collaborates with Banking overall with a focus on SIG, CSD, Impact, Donor Partnerships, and ROs (among others) on project generation and design and funding opportunities with gender equality and human capital market development relevance; provides expert contribution to Bank's relevant decision bodies; interfaces with other units in VP Policy and Partnerships on embedding gender and economic inclusion in the Bank's strategic and transition impact assessment tools; collaborates with various support units to ensure that new products can be efficiently booked and monitored. Externally, the Principal II collaborates with representatives of other international financial institutions on coordination of policy and technical assistance; manages consultants on technical cooperation projects; coordinates with donor organisations on technical assistance activities; and develop and effectively manage relationships with external counterparts to range from technical staff to senior dignitaries in ministries. Accountabilities and Responsibilities - Design, manage and lead policy dialogue with relevant stakeholders to promote gender equality and human capital development with a view to developing long-term relationships and becoming a trusted adviser – these could include policy dialogue to ensure that EBRD inclusion support unlocks new opportunities for private sector; fostering scaling-up of human capital and gender equality interventions in the banking sector, improving the policy implementation capacity of national and municipal institutions in promoting gender equality and human capital for private sector; as well as advancing and deepening a wide range of GEI relevant policy reforms; - Build consensus within the Bank on the recommendations arising from the country needs assessments and, in cooperation with team members responsible for country coverage and other key bank stakeholders, establish appropriate next steps for EBRD's contribution to advancing human capital and gender equality priorities in specific countries; - Establish buy-in from key external stakeholders (e.g. government authorities, partners, MDBs, and other market participants) on the importance of developing more efficient and sustainable human capital and gender equality transformation. Transaction design and support: - Proactively guide the EBRD Banking and other relevant departments towards development opportunities, based on agreed country-level market development priorities including to ensure that transactions are aligned with relevant policy recommendations; - Support systems innovation, new or update existing approaches, by assisting the EBRD's Banking colleagues in designing specific transactions with human capital and gender equality relevance which can have potential for systemic behaviour change (for example frameworks) to maximise the impact of EBRD investments; - Lead in providing input into the design and appraisal of relevant SIG projects with policy components, working with the Impact pillar to enhance the TI ambition as appropriate; - Liaise with other EBRD Departments (CSD, ESD, CSEU, Impact) to strengthen synergies; - Design, manage and coordinate TC projects with internal and external counterparts to support reforms or specific transactions in the gender and human capital. - Monitor the performance of TC projects and work with the Impact pillar to ensure adequate ambition. Research and analytical work: Prepare, review and oversee the production of high quality analytical reports and policy notes that adequately analyse/reflect gender and human capital development issues with particular emphasis on the areas of their team's expertise. Knowledge and Experience - Postgraduate degree in economics, business administration, gender studies, finance, or other relevant disciplines. - Hands-on experience working with a wide range of human capital and gender equality approaches/ priority areas, including in designing related policy reforms; - Experience in working on gender equality and economic inclusion in other MDBs or IFIs will be an advantage; - Proven project management experience. Relevance to promoting gender equality and human capital development in transition economies is an advantage; - Proven ability to work across organisational boundaries and operate effectively in a multi-cultural work environment; - Experience with managing diverse teams and driving engagement. - Strong communication skills, both oral and in writing in English and must be able to explain complex technical issues effectively; previous experience producing policy documents, assessment reports and thematic reports in other MDBs/ IFIs, think tanks, consultancy firms or other organisations having a development mandate is an advantage; - Ability to establish relationships with and tactfully influence high-level internal and external stakeholders; What is it like to work at the EBRD? Our agile and innovative approach is what makes life at the EBRD a unique experience! You will be part of a pioneering and diverse international organisation, and use your talents to make a real difference to people's lives and help shape the future of the regions we invest in. The EBRD environment provides you with: - Varied, stimulating and engaging work that gives you an opportunity to interact with a wide range of experts in the financial, political, public and private sectors across the regions we invest in; - A working culture that embraces inclusion and celebrates diversity; - An environment that places sustainability, equality and digital transformation at the heart of what we do. Diversity is one of the Bank's core values which are at the heart of everything it does. A diverse workforce with the right knowledge and skills enables connection with our clients, brings pioneering ideas, energy and innovation. The EBRD staff is characterised by its rich diversity of nationalities, cultures and opinions and we aim to sustain and build on this strength. As such, the EBRD seeks to ensure that everyone is treated with respect and given equal opportunities and works in an inclusive environment. The EBRD encourages all qualified candidates who are nationals of the EBRD member countries to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. As an inclusive employer, we promote flexible working and expecting our employee to attend the office 50% of their working time. Job Segment: Sustainability, Bank, Banking, Diversity, Project Manager, Energy, Finance, Human Resources, Technology This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](http://www.cinfo.ch/en/job-application-support). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here: [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
Location: Headquarters, Washington, D.C. The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment. About this position We are looking for a motivated and collaborative professional to join the Office of the Secretary as a Board Meeting Coordinator/Assistant. As a Board Room assistant, you will support SEC's teams in preparing and executing Board and Senior Management Committee meetings, including management of invitations, logistics of hybrid meetings (in person and virtually), preparation of seating charts, handling of presentations, and providing meeting support. You will work in the Services to the Board Section within the Office of the Secretary. This team is responsible for planning, coordination, and execution of the activities and meetings of the Boards of Executive Directors of the IDB and IDB Invest and their Committees, the IDB Lab Donors Committee, the Boards of Governors of the IDB and IDB Invest, and the IDB Senior Management Committees. You will also contribute to the modernization of SEC's processes and systems involved in these activities and support the Front Office of the Department as needed. What you'll do: - Provide comprehensive logistical support for Board and Senior Management Committee meetings, including managing meeting invitations, coordinating room setups, creating seating charts, collaborating closely with technical teams to coordinate the logistics of hybrid meetings (in-person and virtually), and offering overall support during meetings to ensure smooth operations. - Prepare documents related to Board governance, such as the list of the Executive Directors, showing their current voting power and order of precedence, the composition of committees for both IDB and IDB Invest, and other matters as needed. Review and update the information related to the IDB and IDB Invest Boards, IDB Lab Donor's Committee, and Senior Management Committee on the SEC's website. - Support the process of reviewing, editing, and publishing of minutes and summaries of deliberations of the Boards and their Committees. - Support publishing agendas, minutes, and Committee Chairperson reports on the Bank's external site according to the Access to Information Policy. - Support preparing communications to members of the Board and Senior Management. - Actively participate in projects and initiatives to modernize SEC's processes and systems. - Provide support to other team members in activities related to the preparation of annotated agendas, the operation of the SEC-EXE e-mail account, registering document outcomes and assigning numbers to resolutions, submission of documents for distribution on the D2S system (e.g., Chairpersons' reports), maintaining the work program of Board committees, uploading documents to EzShare, and supporting the coordinators when required. - Support the Front Office of the Department in matters related to agendas, annual meetings, contracts, budget execution and other functions as needed. - Follow the applicable standards of confidentiality. What you'll need - Education: Bachelor's degree or equivalent in political science, public policy, economics, communications, or business. - Experience: At least 3 years of experience in similar functions, preferably in an international organization. - Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable. Key skills - Learn continuously. - Collaborate and share knowledge. - Focus on clients. - Communicate and influence. - Innovate and try new things. A candidate has been pre-identified for this position and may apply. However, this remains a competitive process, and other qualified candidates are encouraged to apply and will be duly considered. Requirements - Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents. - Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab. Type of contract and duration - International staff contract, 36 months initially, renewable upon mutual agreement. What we offer The IDB Group provides benefits that respond to the different needs and moments of an employee's life. These benefits include: - A competitive compensation package, including an annual base salary expressed on a net-of-tax basis. - Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + gender- neutral parental leave. - Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program that covers medical, dental, vision, preventive care, and prescription drugs. - Pension plan: defined benefit pension plan that provides financial security and supports employees in planning for their future. - We offer assistance with relocation and visa applications for you and your family when it applies. - Hybrid and flexible work schedules. - Health and well-being: Access to our Health Services Center that provides employees preventive care and health education. - Development support: We offer tools to boost your professional profile, such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others. - Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, Spouse Career Program, and others. Our culture At the IDB Group, we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions. Diversity, Equity, Inclusion, and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application. Our Human Resources Team reviews carefully every application. About the IDB Group The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab, offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean. About IDB The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance, and training to public and private sector clients throughout the region. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](http://www.cinfo.ch/en/job-application-support). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here: [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrowinfrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 109 approved Members worldwide. We are capitalized at USD100 billion and AAA rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity. The Treasury Officer, Portfolio Valuation, reports to the Head of Strategic Planning and Middle Office within the Office of the Treasurer (TRE). Responsibilities include but are not limited to: - Perform the valuation of the Bank's assets, liabilities and derivatives for financial reporting and explain monthly results and valuation changes. - Review the quality of valuations and resolve price challenges by validating market data and reviewing pricing models. - Perform initial model and market data validation and coordinate with the Risk Management Department (RMD) on the final market validation for all product types in each currency. The main focus will be to analyze theoretical soundness of pricing models, verify the accuracy of model calibrations and market data as well as assess the correctness of models. - Test and implement new products and functions in treasury systems, as applicable to functions performed in respective systems and the overall valuation role. Participate in any project / implementation work pertaining to system upgrades, valuation data analytics and reporting etc. - Oversee AIIB's Credit Support Annex (CSA) terms, advise the Treasurer during the negotiation of CSAs, stay current with industry developments, and ensure CSA terms are set to provide AIIB an optimum ability to trade and manage derivatives. Manage collateral for all derivatives and monitor collateral posting and valuation of collateral and collateral interest. - Manage trade flow between front and middle/back office systems by validating and releasing trades, releasing private securities, and reconciling positions between treasury systems daily. - Interface with the ICFR team, Operational Risk, Internal Audit Unit (IAU) and external auditors for control design, testing and audit. Update the risk matrix for area of responsibilities. - Contribute proactively to the improvement of the effectiveness and efficiency of the Treasury function by leveraging technology, driving automation and defining best-in-class processes & procedures. Requirements: - Minimum 5-8 years of relevant practical experience in an international treasury environment, preferably in a valuation function. - Master's degree in quantitative finance, applied / computational mathematics, physics or statistics is preferred. - Strong quantitative and analytic skills. - Sound product knowledge in Treasury, Derivative and Structured Products with experience in pricing model for derivatives and a solid understanding of market terms and practices. - Ability to communicate complex technical aspects of valuation effectively. - Proficiency with programming tools (i.e Python, C++) is preferred. - Expert spreadsheet and database skills with solid Bloomberg knowledge. - Detail oriented, conscientious and systematic. - Able to adhere to strict deadlines. - Highly motivated, able to work both independently and in a team. - Must be able to handle pressure well. - Strong organizational, critical thinking and customer service skills. - Ability to multi-task and manage competing deadlines. - Effective written and verbal communication skills in English. AIIB is committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability or sexual orientation. Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment. Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here : [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
Organizational Setting The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialized United Nations agency dedicated to eradicating rural poverty and hunger. It does so by investing in rural people. IFAD finances programmes and projects that increase agricultural productivity and raise rural incomes, and advocates at the local, national and international level for policies that contribute to rural transformation. The External Relations and Governance Department (ERG), comprising the Communications Division (COM), the Global Engagement Partnership and Resource Mobilization Division (GPR) and the Office of the Secretary (SEC), leads IFAD's public and political advocacy, including engagement with Member States and other stakeholders through global policy engagement and other global processes. The Global Engagement, Partnership and Resource Mobilization (GPR) Division is part of the External Relations and Governance Department (ERG) and has a specific focus on global engagement, partnerships (including with the private sector, foundations, bilateral and multilateral organizations), and on driving the resource mobilization efforts with traditional and non-traditional donors and partners. Within this framework, the GPR Division addresses three main functions: (i) Global engagement and multilateral relations; (ii) South-South and Triangular Cooperation (SSTC); and (iii) replenishment, resource mobilization and advocacy. The mission of the Global Engagement, Partnership and Resource Mobilization Division (GPR) is to enhance IFAD's contribution to inclusive and sustainable rural transformation and Agenda 2030 through strengthening global engagement, partnerships, and resource mobilization. The Global Engagement, Partnership and Resource Mobilization Division (GPR) has decentralized Liaison Offices:(a) The Americas Liaison Office (ALO) with two offices based in Washington and New York, United States of America(b) The Saudi Arabia Liaison Office (SLO) with one office based in Riyadh, Kingdom of Saudi Arabia(c) The Japan Liaison Office (JLO) with one office based in Yokohama, Japan. The Senior Partnership Officer works under the direct supervision of the Chief, Partnership Officer. Job Role Senior Partnership Officers are experts and knowledge builders in their focus areas. They provide technical expertise and substantive contributions reflecting new approaches which materially expand the range of services or programmes delivered to closely support internal and external stakeholders, including Partnership Officers. Senior Partnership Officers work collaboratively with other colleagues across the GPR Division to ensure consistency, cohesion and synergy in the application of technical advice and provision of programme development support. The purpose of the Senior Partnership Officer position is to establish and nurture corporate level collaboration with key stakeholders. It may also serve as focal point and resource for GPR colleagues on specific thematic areas of strategic relevance for partnership and global policy development. The Senior Partnership Officer is assigned to a focus-area portfolio, such as civil society and/or relations with high level committees/organizational relations (e.g. CFS, G20 and RBA), with the objective of engaging IFAD in global policy processes to create an enabling environment for investments in inclusive and sustainable rural transformation. The incumbent works across GPR organizational units with cross-functional key partner management teams to leverage relationship management skills, assets and, most importantly, professional social networks. The key result is to ensure greater visibility and influence for IFAD in support of its mission. Key Functions and Results 1. PROMOTING, ADVOCATING AND COMMUNICATING DIVISIONAL PRIORITIES: The Senior Partnership Officer manages and communicates knowledge for increased support of traditional and non-traditional donors, taking into account IFAD's Strategic Framework and Programme of Work, setting clear quantitative targets to evaluate for results-focused partnerships capable of supporting IFAD's mandate and resource mobilization objectives. They act with credible technical authority by facilitating and participating in consultations and coordination meetings and ad hoc visits with external stakeholders at all levels, as required. 2. IMPLEMENTING PARTNERSHIP STRATEGIES: The Senior Partnership Officer collaborates with internal stakeholders to strengthen IFAD's approach to partnerships. In particular, They assist the Programme Management Department (PMD), Country Directors (CDs) and Heads of Multi-Country Offices (MCOs) in mainstreaming partnerships with traditional and non-traditional donors by providing them with substantial technical advice and recommendations. The Senior Partnership Officer tracks progress under engagement strategies, builds institutional capacity and knowledge for its partnership performance, and ensures the development of efficient approaches for implementing partnership strategies. The incumbent negotiates new Partnership and Grant Agreements. 3. MANAGING TECHNICAL EXPERTISE OF GLOBAL POLICY ENGAGEMENT, SSTC, REPLENISHMENT, RESOURCE MOBILIZATION AND ADVOCACY: The Senior Partnership Officer is responsible for contributing and providing senior expertise to the development and implementation of corporate strategies for engagement in global policy debates. The incumbent is responsible for IFAD's engagement in SSTC and other policy dialogue relative to IFAD's mandate, and produces an annual assessment of achievements in the fora for which they have responsibility, including replenishment, resource mobilization and advocacy. 4. MANAGERIAL FUNCTIONS: The Senior Partnership Officer is accountable for integrity, transparency, and equity in the management of IFAD resources. This includes: (a) People Management through support to the recruitment of staff within the team, capacity building, coaching and mentoring of new and/or more junior staff, as well as supervision and evaluation of performance of consultants and staff under their purview; and (b) Resource Management, by providing strategic and technical advice for Knowledge and Content Management. Position specifics: The Senior Partnership Officer provides technical expertise and substantive contributions in planning, implementing and following up on the Fund's replenishment processes, as well as in developing the Fund's corporate resource mobilisation strategies. Key Performance Indicators The Senior Partnership Officer has credible authoritative capacity with independent technical responsibility for the technical areas which they are leading. The incumbent works with minimal supervision and is expected to pursue new areas of activities going beyond established procedures or models. The Senior Partnership Officer also monitors and guides the work of other Partnership Officers, external consultants and assistants within the team, and participates as technical expert in group meetings and consultations with external stakeholders and collaborators at all levels. The Senior Partnership Officer exercises independence and initiative within their portfolio. Decisions are made on the research or analytical strategies to be followed in resolving problems of concern in the technical areas. Position specifics: The Senior Partnership Officer is responsible for: - Independently providing technical solutions and proposals on how to improve the Replenishment processes as well as IFAD's resource mobilisation strategies more broadly. - Supervising the Partnership Analyst responsible for Replenishment processes. Working Relationships The Senior Partnership Officer, as authority in the subject field, typically provides technical and managerial leadership to the substantive development and execution of the assigned technical area, including providing: (i) managerial direction to Partnership Officers and assistants within the team; and (ii) effective representation with external stakeholders and collaborators. Internally, the Senior Partnership Officer collaborates with internal stakeholders to strengthen IFAD's approach to partnerships, global policy engagement, SSTC, replenishment, resource mobilization and advocacy. The Senior Partnership Officer engages with the global community, the private sector and development finance institutions, and contributes to shaping pro-poor global and regional policies, broadening IFAD visibility and helping position the Fund within the global agricultural and rural architecture. Position specifics: The Senior Partnership Officer provides managerial direction to the GPR's Partnership Officers on Replenishment and builds effective relationships with key stakeholders including member states, multilateral development banks and other stakeholders. Job Profile Requirements Organizational Competencies: Level 2: - Building relationships and partnerships - Builds and maintains strategic partnerships internally and externally - Communicating and negotiating - Acquires & uses a wide range of communication styles & skills - Demonstrating leadership - Leads by example; initiates and supports change - Focusing on clients - Contributes to a client-focused culture - Learning, sharing knowledge and innovating - Challenges, innovates & contributes to learning culture - Managing performance and developing staff - Manages wider teams with greater impact on others and on the organization - Managing time, resources and information - Coordinates wider use of time, information and/or resources - Problem-solving and decision-making - Solves complex problems and makes decisions that have wider corporate impact - Strategic thinking and organizational development - Staff in management and/or strategic leadership roles - Team working - Fosters a cohesive team environment Education: - Level - Advanced university degree - Areas - international development, international relations, political science or other job-related field. - Degree must be from an accredited institution listed on https://www.whed.net/home.php . Experience: - At least eight (8) years of progressively relevant experience is required. - Three (3) years in a multi-cultural organization or national organization providing support on a global scale . - Position-specific experience: Experience in providing strategic policy advisory services and relationships building with progressively responsible supervisory experience is highly desirable. Successful track record in establishing, building and managing partnerships with various stakeholders. Knowledge of development finance systems is desirable. Languages: - Required English (4 – Excellent) - Desirable: French, Spanish, or Arabic Skills: - Evidence-based policy: Know-how in the formulation of concrete and actionable policy recommendations based on hard evidence (going beyond simple data interpretation) - Advocacy: Know-how in advocacy, to maintain and promote constructive dialogue around IFAD¿s vision to external actors - IFAD partners: Knowledge of IFAD's partners' functioning and mandate , such as the public sector (e.g. governments and policy, institutions and system), non-state actors (NGOs, CSOs, Foundations, etc.) and private sector actors - Marketing: Know-how in marketing and communication resource mobilization strategies for IFIs and international public bodies - Partnership building: Ability to formulate new approaches or identify new opportunities to build relationships with both traditional and non-traditional partners, focusing on impact and results. - Resource mobilization: Know-how in resource mobilization strategies (including marketing and communication) for IFI, international public bodies and within the UN - Risk management (e.g. reputational): Identification and assessment of potential liabilities and risks in IFAD's activities, particularly vis-à-vis third parties; ability to handle risks via contingency and mitigation strategies - Stakeholder management: Strong alignment capabilities and consultation skills, building on effective interactions and relationships with different stakeholders (e.g. for the co-creation of communication material with member states) and ability to build and maintain a strong network (e.g. with journalists, media outlets, etc.) - Policy dialogue: Know-how in the representation of IFAD as a trusted and strategic partner, advocating and promoting IFAD's mandate and vision; effective consultations with IFAD counterparts - like ministries and governmental bodies at all administrative levels, donors, civil society - Change management: Role modelling, anticipation of key risks & conflicts and formulation of contingency plans/solutions, action-oriented - Client orientation: Strong critical thinking combined with communication skills to liaise between the business and technologies to understand business problems and needs, document requirements and identify solutions - Interpersonal skills: Ability to deal patiently and tactfully with others (e.g. visitors, clients, callers, etc.), including senior individuals (e.g. high-level meeting participants) - Problem solving: Strong systemic and structured thinking, ability to identify and dissect problems into components and formulate a comprehensive set of creative viable and sustainable solutions and strategies - Specialized communication skills: Ability to negotiate on behalf of IFAD and drive for creative and pragmatic solutions in complex negotiations with key partners, both public and private sector - Strategic mindset: Proactive, ongoing identification of strategic opportunities, potential synergies and partnerships - Verbal communication: Clear, succinct and convincing verbal communication; highly professional, balanced and diplomatic language - Written communication: Clear, succinct and convincing written communication in the language needed for specific role; highly professional, balanced and diplomatic language (e.g. for drafting of position papers, briefings, etc.) Other Information IFAD staff members are international civil servants subject to the authority of the President of IFAD. In accordance with IFAD's Human Resources Policy, the President can decide to assign them to any of the activities of the Fund. All International Professional staff members are required to be geographically mobile and positions in the professional category are subject to changes in location at any time in line with strategic priorities and reform initiatives in IFAD. IFAD is an Equal Opportunity Employer and does not discriminate on the basis of ethnic, social or political background, colour, nationality, religion, age, gender, disability, marital status, family size or sexual orientation in line with its Diversity, Equity and Inclusion (DEI) Strategy and the Policy to prevent and respond to sexual harassment, sexual exploitation and abuse.https://webapps.ifad.org/members/eb/134/docs/EB-2021-134-R-9.pdf ; https://www.ifad.org/documents/38711624/42415556/SEA_e_web.pdf/85275c4d-8e3f-4df0-9ed8-cebaacfab128?t=1611326846000 In accordance with IFAD's provisions, all new staff members will normally be placed at the first step in the grade level for which they have been selected. For information on IFAD's remuneration package, please visit [IFAD's compensation and benefits page](https://www.ifad.org/en/careers/compensation-and-benefits) on our website. Applicants are invited to use the ICSC compensation calculator to estimate the salary and benefit entitlements. [See here](https://eur05.safelinks.protection.outlook.com/?url=https://commonsystem.org/cp/calc.asp&data=05|01|j.rostrata@ifad.org|5901d8932a474727948e08db6e890c40|dc231ce49c9443aab3110a314fbce932|0|0|638225307132542718|Unknown|TWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0=|3000|||&sdata=gJVwcUg1nX9D9uCAeg7iqL4LRYZdm4e4HCv2/AeG5sw=&reserved=0). Please be aware of fraudulent job offers. IFAD does not charge any fees at any stage of the recruitment process. Official communication from IFAD will always come from e-mails ending in @ifad.org. In the interest of making most cost-effective use of funds and resources, we are only able to respond to applicants who are short-listed for interview. Candidates who do not receive any feedback within three months should consider their application unsuccessful. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here : [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
Organizational Setting The International Fund for Agricultural Development (IFAD) is an international financial institution and a specialized United Nations agency dedicated to eradicating rural poverty and hunger. It does so by investing in rural people. IFAD finances programmes and projects that increase agricultural productivity and raise rural incomes, and advocates at the local, national, and international level for policies that contribute to rural transformation. The Financial Operations Department (FOD) is a dynamic financial, strategic and responsive business partner and service provider fully supporting IFAD in developing its financial strategy and managing its financial, investments and material resources. FOD ensures that these resources are efficiently, economically and effectively used to achieve IFAD's objectives in the long-term and deliver on its development commitments. The Financial Management Services Division (FMD) develops and oversees financial policies and project financial management practices in IFAD-funded operations, including financial reporting, audit, project liquidity management, fiduciary compliance and support. The division is responsible for IFAD's financial management workforce including consultants. Senior Regional FM Officers work under the direct supervision of the Director FMD but receive an overall strategic, policy and management guidance from the Senior Financial Management Officer. They have dual reporting line to the Regional Director(s) of the projects and programmes to which the incumbent has an allocated portfolio for activities not linked to financial management compliance. Job Role The Senior Regional FM Officers at this level manage a complete financial operation, encompassing a wide variety of funding sources, a large volume of transactions and extensive dispersed activities. They work in close collaboration with the Regional director, Country Directors (CD), and other programme management and technical staff to ensure consistency, cohesion and synergy in the application of technical support and provision of programme development support. They are typically accountable for the regional work plan establishment and supervision of a team of Finance Professionals and/or Assistants. The incumbent is embedded in the regional financial management team, and works in close collaboration with the Regional and Country Directors, as well as other programme management and technical staff including procurement officers to ensure consistency, cohesion, and synergy in the application of technical support and provision of programme development support. Senior Regional FM Officers will travel extensively within the region and other international travel to perform the work of the Organization as they oversee financial management portfolios directly. Key Functions and Results 1.FINANCE PRACTICE LEADER: The Senior Regional FM Officer is accountable for technical leadership in her/his operational area at the regional level ensuring compliance with financial principles and concepts, policies, regulations and rules as well as for soundness of judgement and conclusions. The Senior Regional FM Officer contributes to the development, implements and monitors the interpretation and application of new financial policies, regulations, rules, practices, procedures and systems to meet the evolving needs of the Fund. The incumbent provides authoritative knowledge of the Fund's governing structure, mandate, long-term business strategy, financial rules and regulations as well as international standards in auditing and accounting and public financial management. The incumbent enhances accountability in the financial management of IFAD funded programs and projects. 2. FINANCE BUSINESS PARTNER: The Senior Regional FM Officer is a credible, trusted partner to the portfolios served. The incumbent contributes directly to the development of the Fund's financial strategy and plans as well as models a commitment to financial integrity by acting as a responsive and constructive service provider with a focus on results. In all interactions the incumbent promotes the concept of results based management and accountability for the financial resources entrusted to IFAD. 3. FINANCIAL MANAGEMENT: The Senior Regional FM Officer is a team leader with the capacity to develop as well as authoritatively interpret and apply a broad range of international and IFAD financial policies, rules and regulations as well as systems, standards and techniques. Activities performed by all finance occupations include: • contributing to the development and continuous evolution of strategic frameworks; • adapting rules and establishing financial procedures relating to the assigned operation; • creating effective monitoring systems including operational oversight to ensure effective management of assigned operations, including ensuring due regard to segregation of financial tasks as required; • financial reporting and preparing responses for management on queries raised and views expressed by IFAD's Governing Council and other relevant shareholders/partners; • reviewing audit reports and providing guidance to IFAD staff and ministries/ auditors/ projects on sound financial management practices; • leading the preparation of timely, substantive replies to internal and external audit observations concerning the assigned financial operation; • analysing IFAD experience with other IFIs and development organizations to adopt best financial management practices in administering IFAD's financial resources; and • other project financial management activities as per the risk based assurance framework. Representative occupational activities include: • acting as regional focal point and responsible for providing technical leadership to regional and country programmes and project activities; • formally supervising Finance Officers and national officers as relevant who in turn are responsible for managing the full range of loans and grants portfolio(s), as well as managing a regional portfolio directly; • managing portfolios to ensure improved results of the financial management of IFAD projects and programmes in line with the underlying risk based assurance framework and related procedures; • Participating directly in the project activities including the conduct of financial management assessments and review of Project design documents in relation to financial management (e.g. project procurement, flow of funds arrangements, financial reporting, and audit), assessing the appropriate use and reliance on country systems; Advise FM aspects of different instruments and products; • Assesses FM risk ratings and related mitigating actions throughout the project cycle including mitigation measures to be incorporated in financial covenants; • Contributing to legal documents and proposed covenants required to reflect sound FM arrangements. Represents financial matters for IFAD in financing agreement negotiations as part of the Country Management Team; • Monitoring financial management compliance in-country as part of supervision or implementation support missions and financial progress monitoring of ongoing projects including review of project financial reporting, cash flow forecasting and audit reports and assess compliance with international standards. Reviews capacity and eligibility of auditors and outputs, as well as appropriateness of management responses to audit recommendations. Ensures compliance with IFAD's financial management and audit requirements. This included reviewing, validating, monitoring and evaluating the FM arrangements on a continuous basis; • Maintaining operational links with borrowers and project staff and cooperating institutions during implementation; • Coordinating financial management dialogue and actions on programmes and projects involving the Fund's operational staff, cooperating institutions, borrowers, co-financiers and projects; • Formulate authoritative recommendations to the borrower and proactive solutions to improve the quality of financial management; • Provide proactive financial management support and training and carrying out regular capacity building activities to projects, borrowers and other stakeholders as required and establish action plans to enhance quality of practices and outputs; • Participating in and contribute to internal and external meetings, training and events on financial management for advocacy, dissemination and knowledge managemen; • Responsible for contracting of financial management consultants to ensure full coverage of FM activities throughout the project cycle; supervising other junior and support staff and non-staff (including consultants or interns) as relevant; and • Ensuring effective and accountable maintenance of data in the corporate FM systems. 4. AGENT OF CHANGE: The Senior Regional FM Officer understands and applies the principles of change management and proactively serves as a role model for transformation and capacity for acceptance of change. The incumbent uses a seasoned knowledge of results based management and budgeting, enterprise resource planning (ERP) and other information technology to develop, analyze and promote acceptance of new methods of work and automated work flows. The incumbent manages change through consultations with inter-organizational and internal finance colleagues and outreach to client offices to build understanding of and to ensure open and regular communications pertaining to current and planned changes in the Fund's financial standards, regulations and rules. 5. MANAGERIAL FUNCTIONS: The Senior Regional FM Officer is typically a team leader with accountability for integrity, transparency, and equity in the management of IFAD resources. This may include: • People Management through work plan development, recruitment, performance and career management of P, GS staff and consultants as relevant as well as learning management establishing learning plans and ensuring staff supervised meet their development needs while meeting the needs of IFAD; • Resource Management by providing strategic and data inputs into the divisional budget preparation exercises; and • Knowledge and Content Management by ensuring o knowledge content within functional area is continuously updated and available to colleagues and clients o best practices are continuously identified, documented and distributed and o appropriate and up-to-date information and learning tools are available to the Fund's managers, supervisors and staff; o and Information Technology Management through leveraging ERP functionality for improved business results, simplification of transaction and reporting processes and improved client services. Key Performance Indicators Senior Regional FM Officers are accountable for authoritative advice and guidance in regard to the Fund's financial policies, regulations and practices and authoritative interpretation to resolve difficult and unusual cases. They make recommendations to senior management on questions of financial policy, including those that may be the subject of inter-organizational consultations. Senior Regional FM Officers are also accountable for leading and ensuring the accuracy of a complete, complex financial operation identified by the variety and number of funding sources, diversity of currencies, and the requirement for producing various reports to legislative bodies, member governments, and others interested in the activities of the Fund. The incumbent achieves finance programme goals and objectives through innovative program design or redesign. The work requires the development of new and/or modifications of existing policies, practices and techniques as well as the review of Finance Officer and Analyst work performed at lower levels, taking corrective and adaptive actions. The incumbent provides technical advice to stakeholders in countries, leads technical discussions and capacity building in countries assigned. The KPIs include efficient performance of assigned finance operations and other responsibilities, technical quality in terms of both substantive depth and adaptive relevance to client needs and customer service approach to problem resolution and team leading characteristics, as well as maintaining data integrity on assigned portfolios. Working Relationships Internally Senior Regional FM Officers are authoritative technical advisers to the Fund's managers, other budget holders and staff in their area of assignment and advocate for accountability and integrity in the allocation and management of the Fund's financial resources. The incumbent manages professionals as relevant and leads to improve relevant policies and procedures. Contacts extend throughout the organization and may include Regional and Country Office management as needed, inlcuding project procurement teams, internal auditors and evaluation Officers. External work relationships for Officers normally require an exchange of information with a range of outside sources including staff from governments, specialized agencies, host agencies, Borrowers and Cooperating institutions, external auditors. External work relationships require collaboration, coordination and partnership building with local counterparts and external stakeholders to ensure the effective implementation of financial rules and procedures, with particular reference to the use of donor funding through contacts with Borrowers and Contributing institutions. The incumbent may also represent IFAD and FMD in global technical fora as required. Job Profile Requirements Organizational Competencies: Level 2: Building relationships and partnerships - Builds and maintains strategic partnerships internally and externally Communicating and negotiating - Acquires & uses a wide range of communication styles & skills Demonstrating leadership - Leads by example; initiates and supports change Focusing on clients - Contributes to a client-focused culture Learning, sharing knowledge and innovating - Challenges, innovates & contributes to learning culture Managing performance and developing staff - Manages wider teams with greater impact on others and on the organization Managing time, resources and information - Coordinates wider use of time, information and/or resources Problem-solving and decision-making - Solves complex problems and makes decisions that have wider corporate impact Strategic thinking and organizational development - Staff in management and/or strategic leadership roles Team working - Fosters a cohesive team environment Education: - Level - Advanced university degree from an accredited institution in a technically relevant area. The advanced university degree may be substituted by a first level university degree and at least four (4) additional years of relevant professional experience over and above - Areas - Accounting, Finance, Business Administration or other job related field - Degree must be with an accredited institution listed on https://www.whed.net/home.php Certifications: Professional qualification of Finance, Economics and sustainable Financing or similar professional qualification including CPA, or equivalent from an internationally recognised Insititute of Accountancy is mandatory. Experience: - At least eight years of progressivley relevant sound international professional experience in private or public sector financial management (accounting, auditing, finance, economics, financial analysis, business administration and in project administration) in a multi-cultural organization or national organization providing support on a global scope. - Position-specific experience: Experience with an international financial institution, audit firm, NGO with global outreach or other relevant institution would be an asset. Languages: - Required English (4-Excellent) - Desirable: Spanish or Arabic - Position specific requirement: Required French (4-Excellent) Skills: Project financial management: Excellent know-how in project financial management, e.g. internal controls, rural investments, project audit and funds flows. Financial reporting & accounting: Strong knowledge of financial reporting, statutory and other reporting as well as advanced application of international accounting and auditing standards, loan credit risk, financial regulations, policies, rules, and procedures applicable to IFAD and International Organizations. Disbursements, Payroll and Payments: Working knowledge of major disbursement modalities and related financial checks required for disbursements of loans and grants, payments, and payroll transactions to reduce risk of error, fraud and non-compliance with rules, arrears, and debt management of loans. Problem solving: Strong systemic and structured thinking, ability to identify and dissect problems into components and formulate a comprehensive set of creative viable and sustainable solutions and strategies. Written communication: Aibility to use written communication as a main tool in profession, including for speech writing; clear succinct and convincing written communication; highly professional, balanced and diplomatic language. Client orientation: String critical thinking combined with communication skills to liaise between the business and technologies to understand business problems and needs, document requirements and idenity solutions. Initiative and good judgments: High sense of proactive initiative-taking and good judgment (including on security matters). Verbal communication: Clear, succinct, and convincing verbal communication; highly professional, balanced, and diplomatic language. Time management: Adherence to deadlines under time constraints and pressure (e.g. to deliver governing body documents on time); ability to coordinate and manage complex workflows and in-house and external teams. Initiative and good judgment: High sense of proactive initiative-taking and good judgement (including on security matters). Knowledge of regional dynamics including political, economic, cultural, linguistic, operational and business environment is desirable. Other Information Applicants should note that IFAD staff members are international civil servants subject to the authority of the President of IFAD. In accordance with IFAD's Human Resources Policy, the President can decide to assign them to any of the activities of the Fund. All International Professional staff members are required to be geographically mobile and positions in the professional category are subject to changes in location at any time in line with strategic priorities and reform initiatives in IFAD. IFAD is an Equal Opportunity Employer and does not discriminate on the basis of ethnic, social or political background, colour, nationality, religion, age, gender, disability, marital status, family size or sexual orientation in line with its Diversity, Equity and Inclusion (DEI) Strategy and the Policy to prevent and respond to sexual harassment, sexual exploitation and abuse.https://webapps.ifad.org/members/eb/134/docs/EB-2021-134-R-9.pdf ; https://www.ifad.org/documents/38711624/42415556/SEA_e_web.pdf/85275c4d-8e3f-4df0-9ed8-cebaacfab128?t=1611326846000 In accordance with IFAD's provisions, all new staff members will normally be placed at the first step in the grade level for which they have been selected. For information on IFAD's remuneration package, please visit [IFAD's compensation and benefits page](https://www.ifad.org/en/careers/compensation-and-benefits) on our website. Applicants are invited to use the ICSC compensation calculator to estimate the salary and benefit entitlements. [See here](https://eur05.safelinks.protection.outlook.com/?url=https://commonsystem.org/cp/calc.asp&data=05|01|j.rostrata@ifad.org|5901d8932a474727948e08db6e890c40|dc231ce49c9443aab3110a314fbce932|0|0|638225307132542718|Unknown|TWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0=|3000|||&sdata=gJVwcUg1nX9D9uCAeg7iqL4LRYZdm4e4HCv2/AeG5sw=&reserved=0). Please be aware of fraudulent job offers. IFAD does not charge any fees at any stage of the recruitment process. Official communication from IFAD will always come from e-mails ending in @ifad.org. In the interest of making most cost-effective use of funds and resources, we are only able to respond to applicants who are short-listed for interview. Candidates who do not receive any feedback within three months should consider their application unsuccessful. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here : [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.
THE BANK: Established in 1964, the African Development Bank is the premier pan-African development institution, promoting economic growth and social progress across the continent. There are 81 member states, including 54 in Africa (Regional Member Countries). The Bank's development agenda is delivering the financial and technical support for transformative projects that will significantly reduce poverty through inclusive and sustainable economic growth. In order to sharply focus the objectives of the Ten-Year Strategy (2023 – 2032) and ensure greater developmental impact, five major areas (High 5s) have been identified for scaling up, namely, energy, agro-business, industrialization, integration and improving the quality of life for the people of Africa. THE COMPLEX: The Vice Presidency for Private Sector, Infrastructure and Industrialization is central to the Bank's mission of developing the private sector, improving infrastructure and accelerating industrialization. The complex main functions are to (i) strengthen the enabling environment for private sector [and financial sector] development conducive to inclusive growth and sustainable development, (ii) support the development of reliable and sustainable infrastructure, including cities and urban development, and (iii) place renewed emphasis on industrial and trade performance in support of structural transformation across Africa. The Complex leverages knowledge, co-financing, and partnerships to attract private capital and work with governments on delivering the Bank's development agenda. THE HIRING DEPARTMENT: The role of the Infrastructure and Urban Development Directorate is to foster infrastructure and urban development in Africa through appropriate policies and strategies as well as projects and programs interventions which the Bank might finance on national, regional or continent-wide basis. THE POSITION: The Principal Operation Coordinator will support in coordinating operational work program, lending program and economic and sectoral work of the department. The incumbent will work closely with the Director and Managers and provide technical inputs. He/She will also participate to the budget preparation process and the production of the Budget Framework Paper. The Incumbent will serve as support to task managers on projects and consultancy procurements issues and will coordinate activities across the Department. KEY FUNCTIONS: Under the general guidance and supervision of the Director of Infrastructure and Urban Development, the Principal Operation Coordinator will perform the following duties and responsibilities: - Provide support to the Infrastructure and Urban Development Department in setting their respective work programs, lending programs and harmonizing their implementation in line with the operational priorities. - Report to the Director on work program progress and identify critical areas that deserve specific support and provide recommendations as appropriate. - Produce reports and statistics related to the execution of the work program. - Implement and ensure compliance with the budget management guidelines and procedures. - Assist in coordinating and implementing the activities and programs, performance monitoring, budgeting of the department. - Coordinate budget submission and the key performance indicators implementation process, the work program and the alignment with the Bank Operational priorities. - Participate in the preparation of the monthly Key Performance Indicator report and ensure the coordination of the contribution of the department to the preparation of the Quarterly institutional reporting by the Programing and Budget department. - Represent the Department on internal events of the Bank to enhance collaboration and knowledge sharing. - Serve as the Secretary to the Department Management Team (DMT); - Perform other duties as may be assigned by the Director. COMPETENCIES (skills, experience and knowledge) - Hold at least a Master's degree in Data Sciences, Statistics, Economics, Business Administration or other relevant fields with a strong background in quantitative methods; - Have a minimum of six (6) years of relevant professional experience gained in an operational department, working in SAP, BPPS, Wakanda, and other software. Demonstrated experience in Portfolio performance management and/or performance and budget monitoring would be an asset. - Demonstrate good knowledge of the operational policies, procedures, budgeting processes and processes, work program preparation/monitoring, and project processing review cycles and of Multilateral Development Banks (MDBs) or other development agencies. - Good understanding of MDB's project life cycle, budget cycle, reporting system - Strong command of statistical tools. - Work in close cooperation with the Management Team in managing critical areas or challenges arising from the delivery of the work programs. - Client and results oriented individual, with strong analytical skills, sense of accuracy and attention to details. - Excellent teamwork skills and ability to interact effectively with staff members at all levels. - Ability to work under pressure and to deliver timely quality services. - Ability to work independently with little supervision as well as part of a multicultural team. - Ability to communicate effectively (written and oral) in English or French, preferably with a working knowledge of the other. - Serve as focal point of the department in various areas. - Communicate and write effectively in French or English, with a good working knowledge of the other language. - Competence in the use of Bank standard software (Word, Excel, Access, PowerPoint). Knowledge of SAP and BPPS would be an advantage. THIS POSITION IS CLASSIFIED INTERNATIONAL STATUS AND ATTRACTS INTERNATIONAL TERMS AND CONDITIONS OF EMPLOYMENT. This is how cinfo can support you in the application process for this specific position: - Application preparation: Before you apply for this position: Improve your application documents by registering for a [Job Application Support](https://www.cinfo.ch/en/individuals/get-support/career-support-in-international-cooperation/job-application-support-in-international-cooperation). Our coaches are here to help tailor your application to the requirements of the job (service provided at your own cost). - Interview preparation: When invited to the interview: Prepare for the interview by registering for a [Job Application Support](http://www.cinfo.ch/en/job-application-support). - Additional services for Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.): - Let us know by writing to recruitment@cinfo.ch. We flag matching applications to HR partners and SDC/SECO for visibility. - Benefit from free interview/assessment preparation by registering here: [Interview and Assessment Centre Preparation for Jobs in Multilateral Organisations](https://www.cinfo.ch/en/individuals/find-a-job/positioning-swiss-nationals-in-multilateral-organisations/interview-and-assessment-centre-preparation-for-jobs-in-multilateral-organisations). Our coaches stand ready to help prepare for upcoming interview/assessment centre.