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’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 World Bank Group strategy to end extreme poverty and build shared prosperity.

FIG Advisory/Upstream in Asia Pacific leverages on IFC’s global presence, to drive thought leadership and deliver expert advice to our clients towards achieving greater access to finance in our priority markets in the region.  FIG Advisory/Upstream in Asia Pacific is engaged with financial institutions partners and other stakeholders in Timor-Leste.
The Role

IFC is seeking an Extended Term Consultant (ETC) / Operations Officer to serve as financial sector coordinator assisting in the design and implementation of IFC FIG Advisory/Upstream client projects in Timor-Leste. 

The candidate will ideally possess experience working for a financial institution, or relevant work experience with a keen interest to develop expertise in the financial services sector. The candidate would support multiple IFC initiatives across a wide-reaching span of financial services, potentially to include:
– Enabling business transformation within financial institutions
– Creating new markets for housing finance
– Building skills and leadership capability within the financial sector
– Enactment of new regulations to promote establishment of new finance classes, for example deepening the moveable financing market

Reporting
The Financial Sector Coordinator will report to the Resident Representative of IFC in Timor-Leste and FIG Country Anchor; and will work closely with FIG program staff and the IFC country team.
 
DUTIES AND ACCOUNTABILITIES: 
The main responsibility of the Financial Sector Coordinator would be to support the IFC team in achieving its country priorities by helping in the development and implementation of FIG Advisory / Upstream client projects in Timor-Leste. The duties may include the following areas:
Mission Support:
•  Conduct research, prepare analysis as required, and draft presentations to support in scoping of project opportunities, and implementation of projects. 
•  Set-up and organize meetings, round tables, or other events with IFC clients, other stakeholders, and partners to enable IFC staff to conduct diagnostics and facilitate implementation of projects.
•  Provide coordination support and accompany visiting project teams when meeting IFC clients and stakeholders in Timor-Leste. As required take and synthesize notes from workshops and meetings.
Client and Stakeholder Management:
•  Maintain relationships with counterparts at FIG Advisory / Upstream clients and other key stakeholders / partners, to facilitate access for and to provide local context to IFC project teams. 
•  Support in engaging with relevant teams across the World Bank and IFC, including with Investment staff, to ensure alignment to World Bank group priorities and to promote effective collaboration.
•  Provide organizational and coordination support in the convening of knowledge sharing forums and conferences and contribute to the development of content materials.
Project Management and Governance:
•  Support the design and delivery of client advisory projects throughout the project lifecycle, inclusive of conducting diagnostics and scoping, concept development, project implementation and closure.
•  Gather information from clients and project teams to enable internal project supervision and for monitoring & evaluation purposes. Draft documents to support external reporting to donor partners.
•  Prepare reports, action plans and any other documentation or materials required. Follow-up on actions identified. Record and circulate minutes for meetings as required.
Logistics and Coordination Support:
•  Support the Program Manager with required administrative responsibilities throughout the project lifecycle and provide other assistance needed for day-to-day coordination of activities, as directed.
•  Prepare all logistics related to the work program, pre-, during- and post-programs’ activities. Track participation and follow-up on participant engagement in project activities and events.
•  Support in procurement and vendor management and interface between clients and vendors on administrative matters.

Selection Criteria

•  Master’s Degree or professional equivalent in finance, banking, economics, or business management.
•  At least 5 years working experience in the financial sector, consulting, or private sector in Timor-Leste.
•  Actively collaborates with others and displays and open, helpful disposition. Acts as a teammate, stepping in to support colleagues when asked.
•  Strong experience & success working in multicultural environments. Speaks and writes clearly and effectively in English, adapting language, tone, style, and message to diverse, multicultural audiences. Shares information and keeps people informed. Maintains productive working relationships with colleagues.
•  Ability to communicate technical information in an understandable and concise way to a nontechnical audience.
•  Able to work well independently and in teams. Plans and prioritizes work effectively, adjusting as needed to accommodate changes. Sets and meets individual deadlines.
•  Able to process, organize, analyze, and monitor large volumes of information and data for well-defined tasks. Able to identify key issues, weigh pros and cons, and make informed recommendations. Checks assumptions against facts and evidence. Solid analytical report writing skills.
•  Models positive attitude and demonstrates creative problem-solving skills. Strong commitment to seeing client issues, problems, and questions through to resolution. Exceptional listening skills. Comfortable dealing with staff and partners at all levels of the organization and able to tailor solutions and communications accordingly. Judgment to know when escalation is needed. 

World Bank Group Core Competencies

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