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 is seeking an Extended-Term Consultant for Upstream with expertise in the Power sector. This position is part of the broader Infrastructure and Natural Resources (INR) team in the Asia Pacific region. The INR team delivers financial and technical support to clients in the power, transport, telecoms, municipal & environmental infrastructure, gas, and mining sectors, from IFC’s own Balance Sheet and through mobilization of other capital. The selected candidate will focus on supporting the development of bankable and investible operations through Upstream engagements in infra sectors. S/he will also support policy work, regulatory analysis and other interventions across the World Bank Group related to Upstream efforts.
Roles and Responsibilities:
The role shall include, but are not limited to, the following activities:
• With an emphasis on creating investment opportunities for IFC, support the identification, prioritization and assessment of Upstream opportunities that emerge from country and sector strategies and market intelligence work and business development work carried out by regional and global INR teams.
• Contribute to the conceptualization, development and supervision of Upstream projects, including various types of pre-investment work required to generate and enable IFC investments: Design, research and analysis on relevant sectors, markets and companies, including market mapping, comparator analysis, and sector and company financial projections/models.
• Analyze historical and projected financial statements of companies within the sector.
• Data analysis on clients’ portfolios.
• Extract data from internal and external databases and sources, manipulate and present data for various audiences and update/maintain information in relevant databases.
• Review, screen, and prepare relevant documents and reports.
• Contribute to the Advisory and Upstream team with overall project management, planning and monitoring of deliverables to ensure timely and quality delivery of the work program.
• Support Investment teams when required.
• Prepare documentation for IFC internal processes.
• Liaison and coordination between the IFC, WB other relevant GoTL departments and agencies, and other Timor-Leste stakeholders in the private sector, academia, civil society, etc.;
• Support the development of scalable solutions for infrastructure development in Timor-Leste and broader East Asia and Pacific. This work may include conceptualization, development and supervision of energy projects, including various types of work required to generate and enable IFC investments: sector diagnostics, market surveys, feasibility studies, scoping and evaluation of business models, and implementation plans, among others.
• Work with the World Bank to analyze sector and regulatory reforms that are needed to unlock opportunities for private investment in infrastructure services.
Selection Criteria
• Bachelor’s degree in Economics, Business, or other relevant graduate degree.
• At least 5 years of relevant full-time professional experience. Relevant experience could include a proven track record in infrastructure development, especially in Timor-Leste and East Asia + Pacific region.
• Experience working with IFC’s or similar Development Finance Institutions/Agencies.
• Active listening skills by being attentive and listening to others in order to identify stakeholder’s needs.
• Team player with good problem solving and analytical skills, with an ability to execute tasks timely and effectively.
• Ability to manage and complete multiple projects simultaneously.
• Distill and summarize large amounts of information from various sources to prepare business documents and presentations.
• Utilize graphics and tables to effectively and creatively present data. Advanced user level proficiency in PowerPoint, Excel, Word is a must.
• Excellent English written and verbal communication skills. Knowledge of Tetun and/or other local and regional languages is a plus.
• Relevant commercial/business development experience.
• Genuine commitment to development and to the World Bank Group and IFC’s mission, strategy and values. Willingness to engage in sector and project development across various emerging markets.
World Bank Group Core Competencies
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