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 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 Regional Country Office in Brazil (CASSP), as part of IFC’s Latin America and Caribbean (LAC) Department, plays a central role in the functioning of IFC’s matrix organization to bring regional information and perspective to IFC decision making. CLAPA is responsible for: (a) leading the formulation of IFC’s regional strategy; (b) monitoring and communicating IFC’s project pipeline, portfolio performance and strategy implementation in the country; (c) monitoring political, macro-economic, sectoral and financial market developments, and keeping senior management informed of these developments and potential impact on IFC’s activities and strategies; (d) maintaining dialogue with the government, locally based stakeholders, and other parts of the World Bank group, and (e) coordinating IS/AS program in collaboration with Regional Industry Departments.
To fulfill this role, CASSP is seeking for an Associate Operations Officer to be based in Sao Paulo, Brazil and who will report directly to IFC Brazil Country Manager. The successful candidate will have prior experience in Brazil and one or more countries in the Regio in consulting, investment banking or related fields. The candidate must be a self-starter, capable of taking initiative to cover a range of tasks, able to thrive in a small, entrepreneurial team/environment and be able to work independently with minimal supervision.
ROLES AND RESPONSIBILITIES:
• Support the Regional Director, Country Manager and the Country Officer in the in the development of a comprehensive IFC strategy for Brazil; monitor and support the strategy’s implementation.
• Support the Brazilian team in activities such as overseeing IFC’s program, advising industry teams on country context, strategic fit and integrity issues, and monitoring progress against targets.
• Collaborate with relevant IFC departments to support the development of World Bank Group strategic products for Brazil; provide substantive input to Systematic Country Diagnostics and other WBG strategy documents.
• Under the guidance of the Regional Director and Country Manager and in coordination with Industry and regional colleagues, prepare strategic analysis, business research and client mapping for specific sectors in support of business development, upstream work, and/or to maximize finance for development.
• Conduct industry and market research and assist in IFC’s business development efforts.
• Contribute to business development by representing IFC in meetings with potential clients and by analyzing companies’ financials to identify potential financial solutions and structures.
• Monitor portfolio and pipeline of current and upcoming projects and provide advice and support to projects as needed; provide regular updates on pipeline and portfolio to management.
• Support effective client management and project execution.
• Work together with junior staff and perform quality control of their output.
• Develop a variety of communication and briefing materials for internal and external audiences.
• Support the Regional Director and Country Manager in terms of outreach to stakeholders and relationships with development finance institutions, donors and IFC member governments.
• Support IFC corporate functions and initiatives as requested by the Regional Director and Country Manager
• Provide any other assistance needed by the Country Manager for the day-to-day coordination of activities.
Selection Criteria
• MBA or master’s degree in related fields such as business, finance, economics/public policy or related discipline.
• 3+ years’ experience in finance with a proven track-record.
• Strong financial and credit skills; demonstrated experience in a variety of financial instruments.
• Demonstrated knowledge of political and economic context, industry trends and opportunities.
• Prior experience of working with multilateral organizations or development institutions and/or strong understanding of IFC’s financial products and services are important pluses.
• Languages – Excellent verbal and written communication skills in Portuguese, English and Spanish.
• Strong inter-personal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds.
• Genuine commitment to sustainable development and to the highest ethical standards.
• Entrepreneurial spirit and ability to work independently.
• Willingness to travel on short notice.
World Bank Group Core Competencies
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.
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