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 2022, IFC committed a record $32.8 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 Corporate Strategy Unit (CBFSP) is one of the units in the Blended Finance & Corporate Strategy Department (CBFDR), reporting to the VP of Economics and Private Sector Development (CEDVP). Corporate Strategy formulates IFC corporate strategy, advises departments on the development and deployment of their strategies, and reports to the Board on their implementation. Corporate Strategy also provides relevant analytics and perspectives to IFC Senior Management and strategically coordinates engagements with the Independent Evaluation Group (IEG).

CBFSP is organized around four verticals: i) Corporate Strategy ii) Operational Strategy iii) FCS/IDA Coordination and, iv) IFC-IEG (Independent Evaluation Group) Engagement.

The Corporate Strategy function leads the development and communication of IFC’s corporate strategy and produces the Strategy and Business Outlook (SBO) among other products. Operational Strategy team helps implement the SBO by developing and executing sector deep dives and producing research and white papers to support operations. FCS/IDA Coordination supports IFC’s implementation of the FCV strategy by delivering FCS/IDA analytics to inform decision making, sharing knowledge on IFC’s experience in FCS/IDA, and providing operations-facing support to staff working in/on FCS/IDA. Finally, IFC-IEG Engagement supports the complex body of engagement across five key areas- strategic, thematic, country, project evaluations and methodology – that result from the IEG work program.

CBFSP is looking for a pro-active, highly motivated candidate to join the corporate strategy unit and lead/support our XPSR reform program and other facets of engagement with IEG. The work is highly dynamic, fast-paced and offers a corporate-level perspective for candidates looking to develop both a management view of the organization as well as contribute significantly to the strategic direction of the IFC.
S/he will collaborate closely with colleagues within CBFSP, IFC Operations, World Bank/MIGA colleagues, Corporate Secretariat, and with evaluations officers at IEG to ensure smooth delivery of the work program and activities related to the unit’s functions.

Under the supervision of the Manager and the Task Team Lead, the candidate will support or lead the team in delivering its mandate across tasks, with an initial focus on:

The IFC and IEG interface

• Support the process of engagement between IFC and IEG for Thematic Evaluations. This includes review and preparation of management comments, preparation of management response for CODE/Board discussion, draft communications, organization of the proposed Board meetings etc.
• Support the annual Results and Performance (RAP) exercise.
• Support the annual IFC Management engagement in the yearly Management Action Record (MAR) progress report.
• Support the annual exercise for IEG Work Program consultation, including two Board engagements.
• Work closely and foster collaboration as appropriate with IEG and other WBG partners (SEC, World Bank, MIGA) throughout the IFC- IEG evaluation and strategic engagement processes.
• Attend and closely observe the monthly WBG-IEG-SEC coordination meetings.

XPSR Reform Process

• Support the team lead in implementing the XPSR reform work plan, including coordinating with internal stakeholders, IEG focal points, managing the process/timeline for periodic technical deliverables.
• Play a significant role in the development of the methodology and technical aspects the new XPSR product (which encompasses IFC self-accountability and learning products)
• Lead or support the preparation and dissemination of presentations on the XPSR product and reform process for Senior management check-ins, operational staff, board advisors as needed.
• Lead the pilot planning and launch process, coordinate with operations and IT, prepare training and guidance materials etc.

Selection Criteria

• Master’s degree in business, economics or a closely related field with at least 10+ years of relevant experience
• Excellent written communication skills, including long form (word documents) and PowerPoint presentations. Ability to synthesize
• Strong analytical skills and demonstrated ability to distill, integrate, and translate complex issues and information from diverse sources and perspectives into clear, crisp and strategically relevant insights
• Strong project management skills, with proven record in execution and ability to innovate and create projects/programs from scratch and work independently; ability to deliver against tight timelines and with quick turn-around
• Ability to consider problems from new perspectives and expand on the thinking/solutions proposed by others; independent engagement in analysis and tasks requiring the interpretation of complex or imperfect sets of information
• Ability to work successfully manage stakeholders in multicultural teams, and a recognized team player
• Experience in data visualization tools and dashboard development a plus
• Superior people skills, and ability to prioritize as well as multi-task.

World Bank Group Core Competencies

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