Notes about cookies

We use cookies on this website. Some of these are necessary for the website to work, such as technical and functional cookies. Other types of cookies, which you can refuse to use, are third-party or advertising profiling cookies. By clicking on "Accept all" you agree to the use of all cookies on the website. By clicking on the "Configure" button you can select your preferences.

Accept all
Configure
Only necessary
header backgorund
logo cinfo
Latest jobs  |  All jobs
Find

Treasury & Risk Senior Specialist - Derivatives Risk Manager  

Site

United States of America, District of Columbia, Washington

Sector:

Nonprofit/Community/Social Services/International Cooperation

Role:

Other

Date of last update: 15/05/2024 (Expiry date:  23/05/2024)

Web site:

activities 
Print
Tell a friend

Company presentation

We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education, and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.

The Bank's current focus areas include three development challenges – social inclusion and equality, productivity and innovation, and economic integration – and three cross-cutting issues – gender equality and diversity, climate change and environmental sustainability; and institutional capacity and the rule of law.

 

Please note that not all types of contracts and advertisements are listed in cinfoPoste. Find all of them, including consultancies as well as specific programmes here. 

 

Find in-depth information on careers with IDB and related cinfo's support on cinfo.ch: Visit the organisation's profile

Job description

Verify your compatibility with this job ad
The compatibility is only an indication and should not discourage you from applying if you think your profile matches. It is also not taken into consideration for recruitment.

header backgorund
? %
Apply

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 proactive, creative and committed Treasury & Risk Senior Specialist – Derivatives Risk Manager. In this role, you will be responsible for risk management of the Bank's derivatives portfolio. 

You will work in Treasury Risk Management, part of the Risk Management department. Treasury risk management is responsible for overseeing risks in the Bank's derivatives portfolio and investment book.

 

What you'll do:  

The candidate will lead the development of innovative and effective risk management solutions to support the Bank's treasury risk management activities in a highly complex and dynamic financial market environment. S/he will implement work programs and projects to strengthen the framework for measuring, assessing and managing treasury risks, including but not limited to the functions listed below:

  • Formulate effective risk guidelines and limits for the derivatives portfolio consistent with Board approved policies and advise if current risk limits and metrics should be revised in response to changing market conditions or business needs.
  • Lead the assessment and monitoring of derivative portfolio risks, applying metrics and tools for scenario analysis and stress testing to enable senior management to have a comprehensive view of risk positions, market conditions, and the impact of new initiatives.
  •  Define and enhance stress scenarios for the derivatives portfolio and assess their appropriateness to facilitate understanding of extreme risks and associated implications.
  • Coordinate with Finance Department (Treasury Division) and RMG/RMT quantitative staff in leveraging the use of risk analytics including potential future exposure, credit and funding value adjustment, risk capital and others to enhance transparency in derivative pricing costs and to help facilitate exposure optimization.
  • Collaborate with RMG/RMT quantitative staff in assessing the risks of derivative structures (including complex local currency transactions) used in the Bank's investment, borrowing and asset/liability management operations.
  •  Manage the derivative collateral management function, determining appropriate valuations and collateral requirements, and ensuring timely posting of collateral by counterparties.
  • Negotiate credit elements of ISDA Master Agreements with IDB counterparties, sovereign governments, and corporate entities.
  • Lead market surveillance efforts to evaluate developments in global macro-economic factors, and relevant asset types and sectors that may impact the risk profile of the derivatives portfolio.
  •  Collaborate with joint RMG and Treasury working groups involved in the analysis of select securities or counterparties of concern and recommend ways of mitigating risks identified.
  • Manage processes and use of analytical tools by junior staff in carrying out tasks related to investment portfolio performance measurement and derivatives valuation and risk measurement.
  • Lead working groups and teams involved in implementing various treasury risk management projects and initiatives.
  • Provide technical guidance to more junior staff, coaching and mentoring them to build technical expertise.
  • Build on best practices and maintain internal networks to enhance risk awareness and expand knowledge in the Treasury and Risk area of expertise. Represent RMG internally and externally.
  • Work independently with minimal oversight.

 

Requirements:  

  • Education: Master's degree in Finance, Business Administration, Economics, Statistics, or a related discipline.  Additional Chartered Financial Analyst (CFA) designation preferred.
  • Experience: [i] Minimum of 5 years of relevant experience in Treasury, capital markets, portfolio management, or in managing risks of fixed income and derivative portfolios; [ii] outstanding analytical and problem-solving skills, with a clear ability to add value to the risk management process through creative thinking and in-depth and disciplined analyses; [iii] proven ability to apply broad and deep knowledge of international financial markets and products to address the financial risks of multi-currency investment, funding, and derivative portfolios; [iv] seasoned in the use of financial models as well as quantitative techniques; [v] knowledge of relevant banking regulation, including regulatory frameworks such as Basel III; [vi] experience in the negotiation of master netting and collateral agreements such as ISDA, CSA, or financial contracts, desirable; [vii] demonstrated ability to lead project teams and risk management functions; [viii] ability to draft well-written, coherent analyses and proposals to senior management and to engage senior decision-makers on complex risk issues.
  • Excellent interpersonal and communication skills, including the ability to present complex and technical issues in simple terms.
  • Ability to lead project teams and risk management functions.
  • Advanced computer skills, with familiarity with specialized risk models or systems a plus.
  • Languages: Fluency in English is required. Additional knowledge of Spanish, Portuguese or French is preferred.

 

Key Skills 

Core Competencies

  • Collaboration, Teamwork and Inclusion: Works cooperatively with others independent of background (e.g., gender, ethnic origin, religion, disability, sexual orientation, background, perspective) or organizational role, and takes a team-based and inclusive approach to projects and decision           making.
  • Innovation and Creativity: Develops imaginative ideas and solutions through creativity, experimentation and critical thinking.
  • Communication and Influence: Communicates effectively and leverages relationships and strategies to influence others.
  • Client Focus: Understands client needs and provides services that meet their expectations for quality and performance; meets the Bank's expectations for ethical behavior. 

Technical Competencies

  • Quantitative Analysis:  Uses analytical tools and mathematical processes to empirically analyze and evaluate data and information.
  • Qualitative Analysis: Investigates beyond numbers through research and intuition to determine the reasonableness of information used for decision-making.
  • Financial Market Knowledge: Understands financial market dynamics, products and economics and their implications for financial and risk management.
  • Financial Operations: Researches, analyzes, inputs and reports information on the origination, execution and monitoring of financial operations.
  • Systems and Applications Knowledge: Leverages systems and applications knowledge to enter data, process transactions, conduct relevant analyses, and generate reports.
  • Risk Awareness: Understands, analyzes, acts on and communicates risks by applying appropriate controls and risk mitigation procedures.
  • Business Acumen: Demonstrates an understanding of own functional area, the business of the Department and the IDB's needs and priorities. Understands and applies knowledge of IDB strategies, business priorities and policies to accomplish goals and execute on business area work program.

 

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 which covers medical, dental, vision, preventive care, and prescription drugs. 
  • Pension plan: defined benefit pension plan that provides financial security and support 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 wellbeing:  Access to our Health Services Center which provides preventive care and health education for employees. 
  • 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.

Follow us:

https://www.linkedin.com/company/inter-american-development-bank/

https://www.facebook.com/IADB.org

https://twitter.com/the_IDB

 

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. 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.
  • Additional services for  Swiss nationals who get invited to the selection process (written test, interview, assessment centre, etc.):

More details

Working hours (%): 80-100%

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

Map

Apply
Share this job ad
Powered by arca24.com logo
Other job ads posted by this Company: LOADING...

Similar job ads

New!

Manager, CNTFO - GH

United States of America, District of Columbia, Washington - international finance corporation empImg

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](http://www.ifc.org/). The Risk & Finance Vice Presidency Unit (CRFVP) helps to ensure that IFC is sufficiently profitable and capitalized to sustain and grow its operations through prudent risk management at the corporate, portfolio, project, and client levels. It sets best practice standards in risk management to drive sustainable private sector development in emerging markets. CRFVP works in partnership with other IFC Vice Presidential Units to ensure IFC meets its corporate objectives. The Controllers Department (CNT) is housed within CRFVP and is the IFC's key leader responsible for reporting on financial matters to IFC's senior leadership and board of directors.  Within CNT, the Financial Operations Division (CNTFO) has overall responsibility for recording, servicing, and providing post-commitment support for the private sector loan, guarantee, short term finance products and programs, equity investments, and donor funds.  The CNTFO team is based in Washington DC (HQ) and Chennai, India, and delivers its work program in a follow-the-sun model which ensures that support operations are successfully delivered. We are seeking a Manager for the Financial Operations division (CNTFO). The position is based in Washington, DC, where the Manager serves as a key member of the CNT Leadership team. The CNTFO Manager has approximately 68 staff, consultants and contractors under their purview operating from Washington DC and Chennai, India.  The Manager will report directly to the Director and Controller, CNTDR department. People Management skills, a vision for automation, efficiency and modernization of products, services and processes, and a robust client and stakeholder management orientation are essential characteristics for success in this position.   Duties & Responsibilities: The selected individual will be responsible for effectively managing a large and diverse team of technical staff, consultants, and contractors located in Washington DC and Chennai, India, to deliver the CNTFO work program.  Will play a leading role in creating an enabling environment that supports and facilitates streamlining, automation and innovation of processes, procedures and systems, as well as for strengthening the control environment.  Will provide guidance and direction to the multifunctional units encompassing the processing, settlement, control, and accounting for all IFC's investment products including:  loan-related investment activities, equity and custody operations, blended finance and donor-trust-funds activities, trade and supply chain finance, special operations, debt securities, guarantees, and risk mitigation products.  This individual will work towards ensuring strong collaboration and integration within the CNTFO team and the CNT department overall.  Will also engage in strong stakeholder engagement to build trusting relationships with our internal and external clients and business partners.  The selected individual will be responsible for maintaining high standards of team performance and the professional development of all staff members in achieving CNTFO's strategic objectives relating to internal and external client services, processing efficiency, and quality.   Specific Responsibilities include:  • Lead the 42-person Washington DC-based CNTFO division providing direction and support to front line supervisors and the team overall. • Co-lead the 26-person CNTFC Chennai, India staff, functions and activities.  • Manage delivery of CNTFO's work program, identify and adopt/adapt best practices related to the support of IFC's investments in the current environment, and anticipate future trends. • Manage and provide oversight for the delivery of integrated accounting and financial support services for IFC's loan, syndicated loan, quasi-equity (e.g.: debt securities, subordinated loans), trade and supply chain finance, short-term finance, guarantees, received-guarantees, and donor-funded portfolios.  • Effectively manage financial and human resources based on sound workforce planning and budgeting practices. • Provide leadership in the implementation of the new loan system, and actively participate in key institutional system initiatives such as: Core Operational Systems Renewal, ERP replacement and Quantum upgrade to Swift ISO20022. • Identify and implement process standardization and simplification, productivity improvements, and control enhancement initiatives that improve service quality, timeliness, cost effectiveness, and reduce operational risk. • Lead the development of units capable of supporting IFC's transaction growth by improving and automating processes and controls, reducing volume sensitivity, and introducing straight-through-processing automation and developing, implementing, and maintaining best practice processing and settlement controls associated with CNTFO's investment portfolios.  • Employ strong stakeholder engagement and outreach practices to build trusting relationships with clients and key stakeholders. • Provide guidance and operational support to Investment, Treasury, Legal, Private Sector Development Vice Presidencies in the development and operationalization of new investment transactions and client products, and development and roll-out of corporate initiatives.  • Maintain customer service standards and metrics, and facilitate effective internal and external communications.    People and Talent Management: • Lead, motivate and mentor staff.  • Foster a positive and respectful work culture, teamwork, innovation, and client orientation.  • Create an enabling work environment that fosters strong talent management, professional development and learning for staff, and build a pipeline of talent to meet future business needs – future leaders. • Contribute to establishing effective performance reviews and reward mechanisms within CNTFO.   Selection Criteria • Advanced degree (MBA or equivalent) in finance or business experience. • Professional accounting certification (CA, CPA, ACCA or equivalent) • 12 years or more of relevant work experience in the accounting/finance field. Experience with an international accounting firm, Fortune 500 corporation, is a plus. • Successful track record of achieving high quality results, managing relevant financial operations, and delivering client value-added services to meet team and departmental objectives. • Experience with high volume transaction processing operations in a multi-currency, multiple location global environment. • Demonstrated experience in efficiency improvements that increase quality, controls, and timeliness of service. • Experience implementing technology enabled process improvements and innovations. • Demonstrated experience in building and leading teams, including managing, motivating staff across different locations, multi-cultural backgrounds and serving multi-disciplinary stakeholders. • Proven ability to manage large and complex system projects. • Proven project management skills and aptitude for coordination and facilitation of teams. • Proven ability to conceptualize, design and implement innovative solutions and challenge the status quo to support the business.   Knowledge and Skills: • Knowledge of US GAAP or IFRS. • Knowledge of COSO and internal controls practices. • Knowledge of IFC's Investment Operations, organization, systems, and processes is a plus. • Pro-activity, collaborative problem-solving skills, client responsiveness and pragmatism. • Relationship management cutting across functions, with a focus on client service and stakeholder management. • Collaboration and negotiation skills, managing tradeoffs at senior levels with diverse stakeholders.   Abilities: • Seasoned leader with proven ability to build and nurture productive teams. • Proven ability to build and leverage strong stakeholder relationships across multiple business units and functions towards achievement of collective goals. • Outstanding interpersonal, diplomatic, influencing and partnership skills.  • Excellent oral and written communication skills and ability to articulate complex ideas clearly and concisely and speak persuasively. • Superior level of resourcefulness and ability to work with considerable autonomy through the whole spectrum of activities from the strategic level to the resolution of specific issues.  • Demonstrated strategic thinking skills and ability to engage in a substantive dialogue on complex issues and corporate priorities. • Ability to collaborate closely within the World Bank Group and with other multi-lateral development banks, financial institutions and banks. • Ability to represent IFC externally and to develop and manage relationships with clients, vendors, government representatives, and other stakeholders.   [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.
...
companyImg
16/05/2024 - 05/06/2024
New!

Investment Officer - GF

United States of America, District of Columbia, Washington - international finance corporation empImg

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](http://www.ifc.org/). IFC is on a growth strategy (IFC 3.0) to stimulate more investment activity, especially in Low Income Countries (LICs) and Fragile and Conflict-affected States (FCS). This strategy calls for cultivating future investment opportunities by working "Upstream" to create and expand markets through designing projects and developing ideas that unlock investment opportunity. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries and addressing these bottlenecks through World Bank engagement on policy reforms and programmatic interventions at the country and sector level. It also requires capacity to leverage WBG programs and projects to (i) develop our own proactive sector interventions and (ii) to imagine and design projects even in the absence of reforms. IFC's Disruptive Technologies and Funds Group ("CDF") invests in digital economy focused private sector companies and it takes a lifecycle approach to investment to accelerate development and growth: CDF has a successful track record of equity investments in start-up accelerators, venture capital and growth equity and working with the larger IFC group to support businesses from seed to scale. CDF is unique for both its regional and global perspective on venture and growth equity, long-term approach to investments, and ability to leverage the resources of the entire World Bank Group towards value creation. CDF has an upstream team that drives the upstream mandate to incubate opportunities, focus resources, and coordinate initiatives across IFC and the World Bank to create new markets in a digitally driven economy. The unit aims to create a multiyear pipeline of investments / projects that accelerate the ability of IFC to meet its strategic development goals. IFC is seeking an Investment Officer for the Disruptive Technologies and Funds team to be based in Washington DC to join the team in building the Upstream program for CDF. The selected candidate will focus on developing high-quality Upstream pipeline in partnership with teams across IFC and the World Bank. S/he will also support policy work and other interventions across the World Bank Group to prioritize various initiatives and to maximize the impact of Upstream efforts. The position will report to the CDF Global Upstream Lead.    Roles & Responsibilities:  • Develop a strong pipeline of good quality direct equity upstream investment opportunities for CDF through proactive origination/business development, developing and employing sector/country knowledge, and working closely with CDF investment origination teams across the world. • Develop early-stage fund investment opportunities in underserved venture capital markets by working with the World Bank, public sector counterparts, and Fund investment (including Startup Catalyst) colleagues. • Develop a pipeline of equity and debt upstream investment opportunities for IFC-wide investment by working with colleagues across all IFC Industries. • Support on digital ecosystem building work to create pathways for private investment by collaborating with World Bank and public sector stakeholders on initiatives related to digital public infrastructure and digital skills. • Leverage business intelligence tools to build data-driven solutions for business development and CDF needs (experience with Power BI is a plus)  • Contribute to the development of market feasibility assessments, implementation strategies, market entry plans for Upstream projects that unlock IFC investment.   • Help spot game-changing trends, technologies and business models that can create impact and business opportunity in emerging markets.  • Work with the World Bank to analyze sector and regulatory reforms that are needed to unlock opportunities for private investment. • Produce regular reports on the assigned Upstream portfolio including monitoring progress against project milestones and KPIs.  • Contribute to sector-specific data analysis and stress-testing of various operating models to help generate ideas for new projects, new products and platform businesses.    Selection Criteria • Master's degree or equivalent professional qualification in Business, Finance, Economics, International Relations, Science, Engineering, or other relevant field.  • 6-8 years of relevant experience in entrepreneurship ecosystem development, project development, hands-on advisory and/or consulting functions in emerging markets relating to catalyzing investment opportunity.  • Experience in strategy consulting, value creation and business development for technology companies is preferred. • Experience with data tools (including Power BI and SQL) is preferred. • Candidate should have demonstrable experience working with startup companies or/and early-stage technology ecosystems. • 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.  • Demonstrated capacity to innovate and challenge the status quo and experience in new idea generation, business development, and creating projects/programs from scratch.    • Understanding of digital economy and emerging technologies in high-growth economies and ability to link policy reforms, advisory interventions, investment, and mobilization to deliver solutions at a country level via the Cascade approach.   • Ability to engage with private sector clients, local and national governments, and other stakeholders to encourage pioneering business and market development.  • Experience in project/program management, including executing against implementation plans with defined business development milestones.   • Experience in monitoring and reporting on a portfolio of projects/programs/initiatives.  • Outstanding analytical and critical thinking 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.
...
companyImg
16/05/2024 - 10/06/2024
New!

Investment Officer - GF

United States of America, District of Columbia, Washington - international finance corporation empImg

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](http://www.ifc.org/). IFC is on a growth strategy (IFC 3.0) to stimulate more investment activity, especially in Low Income Countries (LICs) and Fragile and Conflict-affected States (FCS). This strategy calls for cultivating future investment opportunities by working "Upstream" to create and expand markets through designing projects and developing ideas that unlock investment opportunity. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries and addressing these bottlenecks through World Bank engagement on policy reforms and programmatic interventions at the country and sector level. It also requires capacity to leverage WBG programs and projects to (i) develop our own proactive sector interventions and (ii) to imagine and design projects even in the absence of reforms. IFC's Disruptive Technologies and Funds Group ("CDF") invests in digital economy focused private sector companies and it takes a lifecycle approach to investment to accelerate development and growth: CDF has a successful track record of equity investments in start-up accelerators, venture capital and growth equity and working with the larger IFC group to support businesses from seed to scale. CDF is unique for both its regional and global perspective on venture and growth equity, long-term approach to investments, and ability to leverage the resources of the entire World Bank Group towards value creation. CDF has an upstream team that drives the upstream mandate to incubate opportunities, focus resources, and coordinate initiatives across IFC and the World Bank to create new markets in a digitally driven economy. The unit aims to create a multiyear pipeline of investments / projects that accelerate the ability of IFC to meet its strategic development goals. IFC is seeking an Investment Officer for the Disruptive Technologies and Funds team to be based in Washington DC to join the team in building the Upstream program for CDF. The selected candidate will focus on developing high-quality Upstream pipeline in partnership with teams across IFC and the World Bank. S/he will also support policy work and other interventions across the World Bank Group to prioritize various initiatives and to maximize the impact of Upstream efforts. The position will report to the CDF Global Upstream Lead.    Roles & Responsibilities:  • Develop a strong pipeline of good quality direct equity upstream investment opportunities for CDF through proactive origination/business development, developing and employing sector/country knowledge, and working closely with CDF investment origination teams across the world. • Develop early-stage fund investment opportunities in underserved venture capital markets by working with the World Bank, public sector counterparts, and Fund investment (including Startup Catalyst) colleagues. • Develop a pipeline of equity and debt upstream investment opportunities for IFC-wide investment by working with colleagues across all IFC Industries. • Support on digital ecosystem building work to create pathways for private investment by collaborating with World Bank and public sector stakeholders on initiatives related to digital public infrastructure and digital skills. • Leverage business intelligence tools to build data-driven solutions for business development and CDF needs (experience with Power BI is a plus)  • Contribute to the development of market feasibility assessments, implementation strategies, market entry plans for Upstream projects that unlock IFC investment.   • Help spot game-changing trends, technologies and business models that can create impact and business opportunity in emerging markets.  • Work with the World Bank to analyze sector and regulatory reforms that are needed to unlock opportunities for private investment. • Produce regular reports on the assigned Upstream portfolio including monitoring progress against project milestones and KPIs.  • Contribute to sector-specific data analysis and stress-testing of various operating models to help generate ideas for new projects, new products and platform businesses.    Selection Criteria • Master's degree or equivalent professional qualification in Business, Finance, Economics, International Relations, Science, Engineering, or other relevant field.  • 6-8 years of relevant experience in entrepreneurship ecosystem development, project development, hands-on advisory and/or consulting functions in emerging markets relating to catalyzing investment opportunity.  • Experience in strategy consulting, value creation and business development for technology companies is preferred. • Experience with data tools (including Power BI and SQL) is preferred. • Candidate should have demonstrable experience working with startup companies or/and early-stage technology ecosystems. • 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.  • Demonstrated capacity to innovate and challenge the status quo and experience in new idea generation, business development, and creating projects/programs from scratch.    • Understanding of digital economy and emerging technologies in high-growth economies and ability to link policy reforms, advisory interventions, investment, and mobilization to deliver solutions at a country level via the Cascade approach.   • Ability to engage with private sector clients, local and national governments, and other stakeholders to encourage pioneering business and market development.  • Experience in project/program management, including executing against implementation plans with defined business development milestones.   • Experience in monitoring and reporting on a portfolio of projects/programs/initiatives.  • Outstanding analytical and critical thinking 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.
...
companyImg
16/05/2024 - 10/06/2024
New!

Chief Counsel - GH

United States of America, District of Columbia, Washington - international finance corporation empImg

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 Legal Department of IFC (CLED), under the Vice President and General Counsel, Legal and Compliance Risk, is responsible for providing legal and policy advice to the IFC Board, its Management and client departments on operational, advisory, and corporate matters.  CLED supports client departments in (i) the delivery of IFC's annual program of financing private sector projects in emerging markets, advisory services, as well as early stage engagements and pre-investment project development work to identify opportunities for private sector investments and creating markets ("Upstream"); (ii) project portfolio management (including jeopardy projects and projects in litigation); (iii) the delivery and design of structured finance products, sub-national lending, equity and quasi-equity and public-private partnerships, and investments in funds, as well as platform products; (iv) advising on corporate policy and operational matters; and (v) knowledge management and training.  The WBG Evolution Roadmap sets a direction for IFC which emphasizes the ever-increasing importance of private capital mobilization (PCM). It amplifies IFC's role of catalyzing private sector financial flows through existing mobilization channels and programs (B-Loan Program, MCPP programs, Debt Capital Markets, Risk Participations, Credit Insurance). It contemplates a new mobilization platform focused on portfolios of IFC loans - a Warehouse Enabled Securitization Platform (WESP). In addition, the Syndications department continues to develop innovative ways to enhance ways to mobilize capital. CLED is responding to these corporate priorities by strengthening the resources available to, and the structure of, our mobilization team. Therefore, we are filling a position of Chief Counsel to be based in Washington DC. The Chief Counsel will be critical to ensuring CLED can support materially increased delivery in respect of traditional mobilization and support the development and roll out of new platforms and programs.  This includes overseeing the work of the CLED mobilization Practice Group comprising Product Specialists (and other lawyers and staff) focusing on, among other areas, MCPP, B-Loans, P&I and umbrella for mobilization (including PCS), Debt Capital Markets, Credit Insurance.     Duties and Accountabilities: The successful candidate will: •  Provide leadership in relation to debt mobilization activities of the Corporation, including by providing guidance to IFC and VPU management. •  Resolve legal, policy and deal structuring issues associated with debt mobilization.  •  Provide thought leadership and strategic advice on new platforms for mobilization, including WESP and other securitization initiatives, and other single asset and portfolio approaches to mobilization (including those contemplated by the Evolution Roadmap).   •  Provide leadership to CLED and Syndications staff for the rollout and implementation of new mobilization initiatives. Advise Syndications and Treasury management on issues related to mobilization. Liaise with the Syndications Department to ensure support for its goals and deliverables. Take the initiative to understand new business needs of the Syndications Department, and anticipate legal, policy and structuring issues. •  Oversee a team of CLED Product Specialists focused on sub-specialties of mobilization.  Ensure regular meetings, knowledge exchange, and dynamism of the Practice Group.  Support Product Specialist to improve Knowledge Management for CLED project lawyers. •  Provide opportunities for growth and increased responsibility for Product Specialists and junior staff both to advance their advance their professional development.   •  Create opportunities for CLED lawyers to expand their ability to support mobilization across regions and sectors. •  Ensure internal client satisfaction and responsiveness to client needs. •  Act as legal point of contact with other MDBs and DFIs on mobilization issues and shared goals of increasing PCM. •  Liaise as necessary with the legal leadership of private sector mobilization partners to address legal, policy or regulatory issues as necessary to improve delivery of PCM. •  Provide legal advice in complex and novel IFC projects and products, including structuring, documenting, negotiating and overseeing all legal aspects of delivering IFC operations. •  As part of agreed reporting lines, supervise identified legal and non-legal staff.  •  Mentor and coach junior legal and business colleagues, provide leadership in designing and delivering trainings as well as sharing knowledge.  •  Bolster the visibility of IFC and CLED internally and externally as thought leaders in areas of legal issues and risks in development financing. •  Assume such other responsibilities as necessary.    Selection Criteria •  Qualified to practice law in one or more jurisdictions. •  At least 20 years of relevant experience, including experience at an international law firm, international financial institution or development institution. •  Deep experience in mobilization and impact investing.  •  Outstanding knowledge of IFC's business, policies, practices and procedures. •  Track record at WBG of senior advice to clients on structuring, innovation and policy matters and leadership role in non-project assignments and initiatives and legal subject matters. •  Track record of seeking out opportunities to increase the success of the legal department and to support the growth and progression of legal colleagues.  •  Demonstrated ability to assume multiple roles and tasks to meet changing business needs with an ability to foresee, troubleshoot and effectively resolve conflicting issues and challenges. •  Convening power, including consensus-building among a range of stakeholders with different perspectives.   •  Demonstrated ability to assess risk in a practical manner and make fair, well-reasoned, independent and transparent decisions. •  Client focused, practical, and solutions-oriented.  •  Excellent communications skills in English and the capacity to present both written and oral ideas clearly, concisely and persuasively at senior levels. •  Ability to motivate others, support, and convey energy.  •  Ability to lead, including when the path is not defined. •  Team player, committed, creative, agile.  • Understanding of IFC's strategic priorities including changing business model. •  Record of professional excellence and thought leadership.  •  Excellent interpersonal skills, demonstrated ability to deal sensitively in a multicultural environment and to foster effective working relations with clients and colleagues across IFC. •  Ability to oversee and delegate, while remaining involved in a supportive way. •  Contributions to the Department (KM, thought leadership, leadership roles within the department; or successfully leading working groups). •  Emotional intelligence: the ability to perceive and to interact effectively with others, even when under stress.  •  Commitment to CLED's core values, including excellence, mutual respect, collegiality, teamwork, diversity and inclusiveness, integrity, innovation, transparency and accountability.   [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.
...
companyImg
16/05/2024 - 22/05/2024
New!

International Transport Knowledge Senior Specialist

United States of America, District of Columbia, Washington - Inter-American Development Bank empImg

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 seeking for a Transport Knowledge Senior Specialist who will take an active role in all knowledge activities of the Transport (TSP) Division and will provide economic and analytical advisory to TSP,  the Infrastructure Department, and the rest of the Bank to support the elaboration and dissemination of high quality technical work, rapid evidence based knowledge to clients and operations, assist the TSP Knowledge Coordinator in overseeing the strategic direction of the research agenda of the sector and its dissemination, with a view to support the quality of  current and future operations, as well as the policy dialogue with member countries. The Transport Division has the operational responsibility in the IDB to finance transport and infrastructure solutions in borrowing member countries that promote efficient, accessible, affordable, safe, and sustainable transportation systems, to improve the quality of life and economic development in Latin America and the Caribbean.   What you'll do:   - Identify, formulate, prepare, and participate in the development of complex research work, modeling, and strategic initiatives to generate evidence-based knowledge on a range of topics, including impact evaluation of transport projects; decarbonization of the transport sector; institutional, regulatory, and market structure of transport markets; promotion of inclusion and poverty reduction through enhanced transport systems; funding and financing; pricing negative externalities; and private sector participation in the transport sector. - Leverage advanced analytical tools, data science techniques, and other emerging technologies to enhance the quality and impact of the division's research work. - Coordinate and/or review and evaluate the academic work of external researchers (consultants and research institutions hired by the IDB), ensuring adherence to the highest standards of quality. - Conduct applied research and policy analysis to support IDB operational activities. - Generate rapid, evidence-based policy notes outlining recommendations for advancing efficient, inclusive, sustainable, and safe transport systems in member countries. - Support TSP knowledge coordinator in implementing the multiannual knowledge agenda of the Transport Division, considering institutional priorities, client demands, operational projects, and existing knowledge gaps in the Latin America and Caribbean transport sector. This includes the design and execution of a Multiannual Knowledge Agenda (ESWs, CIPs, R&D TCs), organizing the TSP Week, and other events for dissemination purposes. - Design and implement internal programs for disseminating research products to strengthen the technical capabilities of staff members through conferences, publications, and seminars. Facilitate synergies between knowledge generation and communications efforts. - Build networks for disseminating research findings, promoting cooperative research initiatives, and discussing policy issues within and outside the Bank. Establish partnerships with academic institutions, private entities, and other agencies producing knowledge related to our work for joint research. Represent the Transport Division in conferences, workshops, and public forums, either as a speaker or panelist, to share expertise and disseminate research findings. - Assist the Transport Division Chief and the TSP knowledge coordinator in various activities, including reviewing IDB publications for compliance with operational policies, preparing and executing research grants (Technical Cooperation, Economic and Sector Work, and Corporate Input Products), providing comments on research proposals submitted by transport specialists, writing or coordinating short notes for policymakers on the state of art knowledge on specific topics in the transport sector, and providing analytical inputs to the Transport Division Chief for interventions in internal and external events. - Participate in multidisciplinary teams aimed at generating innovative technical, institutional, and financial responses to the needs of national, regional, and local governments, as well as the private sector.   What you'll need - Education: Masters' level degree in Economics, Engineering-Economics, or a related field with a focus on the transport sector. Ph.D. is preferred. Proven track record on high-impact research and evidence-based knowledge translatable to policy advice.   - Experience: Minimum of 8 years of professional experience in conducting applied research using robust theoretical and empirical tools with focus on transport affordability, accessibility and connectivity; transport market dynamics; institutional, planning, and regulatory design for the transport sector; low-carbon transitions and adaptation to climate change; the economic and societal impacts of transportation; sector funding and financing; private sector participation; and technology adoption. Relevant experience in economic policy formulation is highly desirable preferably in Latin America or the Caribbean.  Experience leading or coordinating teams is also desirable. - As part of your application please include at least a sample of a paper you have written that best showcases your alignment to the role.  - Languages:  Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.  Key skills  - Mentor and develop.   - Promote Diversity, Equity, Inclusion, and Belonging.    - Focus on clients.   - Communicate and influence.    - Innovate and try new things.      Requirements - Citizenship: You are a citizen of one of our [48-member countries](https://www.iadb.org/en/about-us/how-are-we-organized?open_accordion=9). 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 support 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 preventive care and health education for employees.   - 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.     Follow us:   https://www.linkedin.com/company/inter-american-development-bank/  https://www.facebook.com/IADB.org  https://twitter.com/the_IDB    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.
...
companyImg
16/05/2024 - 30/05/2024
  Don’t show this message again
Couldn't you find any job ads suitable for you?
Sign up! You will be considered for future ads.
Sign up