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.

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” or at the pre-investment stage to create, deepen, and expand markets and to imagine, design, mature 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 work with clients to jointly imagine, design and develop projects even in the absence of reforms.

The Latin America and Caribbean (LAC) Infrastructure department is an open and dynamic team that originates, structures and commits financing to infrastructure projects across several sectors, including energy, transportation, telecom and technology, water and waste, and subnational financing.  The department includes upstream (pre-investment), new business, and portfolio functions. The upstream/pre-investment team intrinsically works with investment and portfolio teams generating and originating leads on potential opportunities for IFC.

As cities in emerging economies continue to grow, access to safe water, sustainable waste management and other municipal infrastructure must expand to meet demand. The cost and complexity of addressing these problems is very high. IFC, through its Municipal and Environmental (M&E) Infrastructure business line, is working with private sector companies as well as municipal and regional governments across LAC to develop and provide innovative market-oriented long-term solutions to these challenges.

IFC is seeking an Extended Term Consultant (ETC) Operations Analyst to support our upstream/pre-investment work in the infrastructure sector with a particular focus on the Subnational, Water and Solid Waste sectors in the LAC region . The candidate will be based in Bogotá, supporting the development and implementation of a pipeline of projects across several countries in Latin America. 

ROLES AND RESPONSIBILITIES:

•  Provide research and analysis on relevant sectors, markets and companies, including market mapping, comparator analysis.
•  Extract data from internal and external databases, manipulate and present data for various audiences and update/maintain information in relevant databases.
•  Review, screen and prepare relevant documents and reports.
•  Support the Upstream team with overall project management (preparation of concept notes, implementation plans, supervision reports, etc.), planning and monitoring of deliverables to ensure timely and quality delivery of the work program. This includes supporting the Project Leaders in ensuring projects in IFC’s project management system are updated in compliance with the applicable project governance policies and procedures.
•  Support and monitoring of consultancy firm payments and deliverables, as well as contract deadlines and extensions per corporate procurement guidelines.
•  Support in the quarterly tracking of project and program indicators and updating of M&E frameworks with supporting evidence.
•  Support in the monitoring and updating project/program budgets, in coordination with Project Leaders and finance team.
•  Prepare documentation and presentations for IFC internal and external processes (project documents, project supervision reports, client pitches, meetings briefs).
•  Support the Upstream team with fundraising strategy and donor outreach.
•  Support the Upstream team with the development of bi-annual donor reports and support drafting and provide inputs into the bi-annual project supervision reports for projects; ensure compliance with donor and IFC portfolio reporting requirements and consistency in reporting, including AIMM (development impact ratings).
•  Work with internal & external communication experts to strengthen upstream communication material and support IFC’s participation in external events. 

Selection Criteria

•  A bachelor’s degree in business, economics or public policy or a closely related field.
•  At least two years of professional experience in consulting or international development, or another fast-paced, knowledge-based work environment.
•  Strong analytical and problem-solving skills and sound business judgment to identify issues and present creative and practical solutions.
•  Genuine commitment to development and to the World Bank Group and IFC’s mission, strategy and values.
•  Advanced Excel, PowerPoint and database skills.
•  Excellent attention to detail and quality.
•  Ability to thrive under pressure and function effectively in a fast-paced environment under tight deadlines, while working on multiple projects.
•  Excellent teamwork skills, ability to take initiative and work across organizational boundaries.
•  Strong written and verbal communications skills in English and Spanish.

World Bank Group Core Competencies

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