About the job
Applications will be received ONLY via e-mail. Please read the job description thoroughly before submitting your application. Instructions on how to apply may be found at the end of this post. Regional candidates may be considered depending on qualifications.
Background
About IFC: The International Finance Corporation (“IFC”) is a member of the World Bank Group (“WBG”), and the largest global development institution focused exclusively on the private sector in developing countries. IFC pursues its mission of reducing poverty and improving people’s lives by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and by delivering advisory services to ensure sustainable development. For more information, visit www.ifc.org
About FIG: IFC’s Financial Institutions Group (“FIG”) works through financial institutions to provide much-needed access to finance for millions of individuals and micro, small, and medium enterprises that we would never be able to reach directly. This is an important part of the WBG strategy to end extreme poverty and build shared prosperity. FIG engages in a wide range of theme including Climate Finance, Digital Financial Inclusion, Banking to Micro/Small/Women businesses, Insurance, Capital Markets, etc., with both investment and advisory services delivered through IFC’s global network.
About IFC Advisory Services: Providing advice is a critical part of IFC’s strategy to create markets and mobilize private investment. Through this work, we help establish the necessary conditions that will attract the most private capital, enabling the private sector to grow. IFC is shifting to a more strategic approach, systematically linking our advisory programs to the greatest needs identified in WBG country and sector strategies. We will increasingly focus on developing high-impact projects that can help our clients attract the financing they need—particularly in the poorest and most conflict-affected areas of the world.
About IFC Climate Finance: Enabling emerging markets to mitigate and adapt to climate change is a strategic pillar for IFC. IFC FIG partners with banks and other financial institutions (200 to date, with climate finance portfolios of approximately $26 billion) to fund the urgent need for at least $23 trillion in climate-smart investments. These are necessary to keep temperatures within 2 degrees Celsius above the pre-industrial average and to make the global economy more resilient to climatic extremes. By supporting financial institutions in deploying climate finance, we help to reduce greenhouse gas emissions while supporting businesses’ bottom line.
Scope of Work
IFC is seeking experienced Short-Term Consultant (“STC”) as Water and Waste Management Specialist specialized in Climate Finance with rich experiences in financing climate investments across sectors with a special focus on Water and Waste management in Vietnam, who will work with IFC global and regional climate finance team to develop green/ blue banking opportunities and support capacity building with financial institutions in Vietnam.
This assignment is estimated to require a minimum of twenty (20) working days period from August 2024 – June 2025. The contract might be further extended depending on business need and performance.
The STC will work with a multi-disciplinary team led by respective Project Leader(s) across Asia.
The key expected activities are:
- Support IFC to enhance value proposition on Climate Finance Advisory Services in Vietnam.
- Analyze the local market policies and key priorities and help IFC team liaise with policymakers and other stakeholders to help shape enabling environment for climate finance.
- Support IFC in specific sector mapping to identify prospective partners to expand the climate finance program.
- Contribute toward the ongoing identification, development and implementation of innovative approaches, products and services supported through FIG Climate Finance Advisory.
- Support new business development efforts of the IFC team.
- Perform market research and identify pipeline within each sub-segment in Blue.
- Deliver training material to bankers and FIs on these topics.
The STC is also expected to:
- Attend regular calls with IFC project team to discuss, plan and update project progress.
- Deliver other deliverables as required by IFC, as needed.
Deliverables
The STC will be required to provide monthly progress report on the tasks undertaken as per the above-mentioned scope of work.
Note: the ‘Scope of Work’ and ‘Expected deliverables’ are amenable to changes depending on the initial diagnostic of the client and the absorptive capacity of the client to incorporate and implement recommendations made under this assignment.
Qualifications:
- Master’s degree in environmental sciences, Engineering, Economics, Finance or MBA with a minimum of 20 years of relevant experience climate finance especially on topics relating to blue segments.
- Rich expertise and knowledge of the Blue Finance sector in Asia and Viet Nam covering sub-sectors like water and wastewater management. Knowledge in additional blue sectors like plastics recycling, aquaculture and fisheries is preferred.
- Rich knowledge in Climate Finance, Blue Finance Innovations, Sustainable Development, Banking and Capital Markets. Understanding of sector drivers, business and market development cycles, and how business performance and long-term competitiveness and viability are measured within a sector and how sector dynamics may evolve within a country or region.
- Should having a successful track record in a leading role in executing climate finance projects in a commercial bank. Successful track record in a consulting firm to advise climate finance change and/or innovation is preferred.
- Experience working with bank executives and/or senior level government officials in driving and influencing change. Capacity to build productive and mutually beneficial relationships with clients and stakeholders. Working/project experiences with developmental organization and/or government be a plus.
- Demonstrated business acumen and experience bringing programs to successful completion.
- Ability to draft documents and reports that re concise, well-organized, and appropriately focused on the most critical points that are relevant to the target audience.
- Strong analytical and problem-solving skills and sound business judgment to identify issues and present creative and practical solutions.
- Excellent writing and oral communication skills in Vietnamese and English; and ability to interface well with clients.
- Highly motivated, energetic, team player; and strong attention to detail and quality.
- Willingness and ability to travel (if applicable) and work across time zones.
- Capability of working under pressure to reach the tight deadline.
Application
Candidates who meet the selection criteria are invited to submit their application via e-mail by sending an updated CV on or before July 31st, 2024 to the following e-mail address:
To: Hoa Thuy Tran (htran17@ifc.org)
Subject line: STC Water and Waste Management Specialist in Vietnam
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.