Date of last update: 25/06/2021 2021-06-25
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.
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Description
IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org
IFC is one of the largest global players supporting the private health sector, across the value chains of healthcare services, life sciences and medical equipment. With an active portfolio of $2 billion, IFC helps private providers meet the soaring demand for healthcare products and services and supports governments in their goal of reaching Universal Health Coverage by 2030.
As part of the World Bank Group response to the COVID-19 pandemic, IFC has launched the Global Health Platform (GHP) in July 2020, in order to increase the access of developing countries to critical healthcare supplies required to fight the COVID-19 pandemic, including key medical equipment and supplies, therapeutics and vaccines as well as diagnostic and treatment services. The GHP has expanded on IFC's mandate and objectives in the H&E sectors, in terms of (i) meeting the immediate demand for healthcare services and products and (ii) increasing resilience of developing countries by improving availability and access to healthcare services and products for future pandemics and health crises. As part of the platform, IFC is leveraging its "Upstream" market creation and early project development capabilities, to create projects and investments that will enable developing countries expand their manufacturing capacity, diversify production of healthcare supplies, such as vaccines, active pharmaceutical ingredients, and other pharmaceuticals. As part of these efforts, a major priority for IFC is the local production of vaccines in Africa and other developing countries.
IFC is looking for a Senior Vaccine Manufacturing Specialist (the Specialist) to join its team to support its Upstream project development and investment efforts, specifically in the area of manufacturing of vaccines in developing countries. Working closely with the Global Health Sector team and the Upstream teams, the Specialist will help IFC originate, evaluate and design opportunities to co-develop viable vaccine manufacturing projects in partnership with local and/or international vaccine manufacturers/developers. IFC's support for these partners will include, among others, development of commercially viable structures, facilitation of technology transfer and other technology partnerships and the Specialist will help in advising IFC teams and the clients on the creation of phased investment programs, defining the roadmap for success to create fully integrated vaccine manufacturing capacities in select countries, and finally mobilizing investors and financiers for the projects. The Specialist will also help IFC with due diligence of vaccine projects for its own investments.
Duties and Accountabilities
The roles and responsibilities of the position will include but not be limited to:
• Serve as sector and industry advisor on IFC's projects/initiatives in vaccine manufacturing.
• Help define strategy and prioritize countries best positioned for local vaccine manufacturing.
• Aligned to IFC criteria, help identify potential partners for project preparation, project development and investments.
• Specific to vaccine target companies, evaluate and assess company specific business plans.
• As needed and in consultation with the client, design the projects and outline how to phase it by steps. Define key stakeholders to engage throughout the project lifecycle.
• Conduct due diligence on partners to evaluate technical capabilities, financials and government support as relevant.
• Identify constraints, barriers to be removed and/or work with partners to evaluate and assess fit.
• Lead/support IFC teams in implementing the proposed projects, including, but not limited to engagements related to technology transfer partnerships, off-take/procurement arrangements and regulatory approvals.
• Support IFC's investment team in structuring appropriate financing for the project.
• Develop knowledge management products for lessons learned and critical success factors for vaccine manufacturing in developing countries.
Selection Criteria
• Vaccine manufacturing and value chain expertise, with more than 15 years of hands on experience in creating strategies for, designing, managing and implementing vaccine manufacturing projects.
• Knowledge of innovative vaccine manufacturing technologies
• Existing network within the vaccine eco-system of vaccine developers, manufacturers and if possible, donors.
• Understanding of global healthcare with the cultural competence to flex to the countries IFC is interested to pursue.
• Understanding of IFC's strategic priorities, products and services
• Ability and track record to evaluate, assess and recommend specific to the areas noted above.
• Excellent people skills and openness to feedback, new ideas, and ability to guide and incentivize staff to find solutions to problems
• Financial knowledge and business experience is a plus.
• Strong written and verbal communications skills
• Ability to mentor and coach junior staff, share experiences and ensure quality
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Type of contract: Staff (Permanent and Fixed Term)
Macro-area: North America
Level of experience: Senior Professional, more than 5 years
Area of work Definition: Banking and Finance
Type of organisation: Multilateral Organisations