IFC—a sister organization of the World Bank and 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 2019, we invested more than $19 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 has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity, especially in Low Income Countries (LICs) and Fragile and Conflict affected Situations (FCS). This strategy calls for generating our own opportunities by proactively working “Upstream” to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries, and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. It also requires capacity to leverage WBG programs and projects to develop our own proactive sector interventions and to imagine and design projects even in the absence of reforms.
IFC is seeking Investment Officers or Operations Officers for Upstream with expertise in one or more of the following sectors: Banking, Microfinance, Housing Finance, Insurance, Transport, Telecommunications, Media, Technology, Water and Wastewater, Urban Development and Municipal Infrastructure, Manufacturing, Agribusiness, Health, Education, Tourism, Retail and Property. The selected candidate will focus on supporting the development of high-quality Upstream pipeline under the supervision of the Global Upstream Manager. 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.
Role & Responsibilities:
The roles and responsibilities of the position will include but not be limited to:
• Support the identification and assessment of Upstream opportunities based on country and sector strategies and market creation potential.