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 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” to create, deepen, and expand markets and to imagine, design 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 the capacity to leverage WBG programs and projects to develop our own proactive sector interventions and to imagine and design projects even in the absence of reforms.

IFC is seeking an extended term consultant (“ETC”) to join the Infrastructure team.

The selected candidate will focus on supporting the Infrastructure team under the guidance of a Regional Industry Manager Lead. S/he will support the team on program/project concept development across segments, with a focus on municipal infrastructure, including the waste and water sector. 

Duties and Accountabilities:

The ETC will identify new investment opportunities, and execute transactions, across Africa.
•  Business Development: Source and assess opportunities, identify bankable projects anticipating market trends and employing sector/country knowledge; synthesize information into internal reports for decision-making purposes.
•  Develop concept notes for identified projects.  Develop innovative and appropriate financial structures for complex transactions.
•  Strategy Development and Knowledge Sharing: Contribute to drafting strategies for sectors, countries, or regions for business development; and develop and execute strategies for more complex client engagements with the objective of building a robust investment pipeline. Build IFC’s knowledge base for best practices and participate in knowledge sharing and dissemination.

Selection Criteria

•  Master’s degree in finance or similar relevant education.
•  8 to 12 years of experience with a development finance institution, a commercial bank, an international financial institution, or a private equity firm with tasks related to private sector infrastructure financing and development.
•  Strong technical and operational skills demonstrated by a track-record of structuring and closing investments in infrastructure sectors and portfolio supervision of complex projects.
•  Knowledge of the various infra core sectors (power, transportation, utilities, natural resources); equity investment, project finance and renewable energy finance experience is essential.
•  Excellent presentation skills, using charts, graphs, and other data presentation techniques appropriately to communicate data, technical information, or complex concepts to non-specialists.
•  Excellent written and verbal communication skills in English as demonstrated by a proven track record of effectively delivering technical information in a clear, easily understandable, and effective manner; French and/or Portuguese is a plus.
•  Strong business development and client relationship skills demonstrated by track record; sound business judgment in screening and identifying leads.
•  Proven ability to function effectively as a team member of multi-disciplinary teams and resolve conflicts constructively.
•  Prior work experience in Africa (especially West, Central and/or North Africa) and other emerging economies, and good knowledge of sector issues in the region is a plus.
•  Willingness and ability to travel.
•  Genuine commitment to sustainable development.

World Bank Group Core Competencies

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