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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
IFC’s Global Telecom, Media, and Technology (TMT) unit, part of IFC’s Global Infrastructure department, has deployed and mobilized over US$ 10 billion to support digital infrastructure projects in emerging markets across most verticals including fiber, data centers, 3G/4G/5G, towercos, media and next generation digital infrastructure, with a focus on affordable, shared infrastructure models.
The TMT Global Unit is central to TMT operations. In addition to supporting investment and advisory work, it is responsible for defining IFC’s strategy in the space, supporting entrance into new verticals, and working together with regional teams and in partnership with all of the World Bank Group entities and external stakeholders to deliver on this strategy.
TMT Global is looking for an experienced individual to join the DC-based team as an Extended Term Consultant (ETC-1) to: (i) support the Strategy and Analytics unit that will be responsible for helping design, assess, and inform strategy development the impact of IFC’s program in new and existing TMT verticals, (ii) be part of a task force responsible for implementing an ambitious joint IFC-WB-MIGA initiative aimed at addressing bottlenecks to digitalization in emerging markets called the Digital Global Challenge Program (more on this below), and (iii) enable business development activities by helping prepare pitchbooks, develop stakeholder mappings, and support key global client relationships under the guidance of Global TMT industry and strategy leads.
Supporting the Digital Global Challenge Program (GCP) will be a core component of this individual’s daily job. GCPs are a new modality for scaling investment and working as one WBG, leveraging an all-encompassing product and technical advisory programs across the entire WBG. The Digital GCP will engage in select areas of the digital ecosystem which includes foundational connectivity, enablers of use (i.e., digital public infrastructure and digital skills), and high-impact digital services which include digital transformation of businesses and services and disruptive business models such as health-tech and ed-tech. The ETC would support this GCP by helping: (i) develop IFC’s position and investment approach on key themes related to digital development, (ii) engage with internal and external stakeholders, and (iii) support and coordinate the overall implementation of this program under the guidance of Global TMT leadership and strategy leads.
This is an exciting opportunity to join a proactive and energetic team operating in an ever-changing sector. Due to the cross-cutting nature of digital development, the ETC would be expected to regularly engage with senior TMT and Disruptive Technology (CDF) investment officers and industry specialists and IFC senior leadership. The ETC would also be expected to support the broader engagement with global and regional staff from IFC, IBRD/IDA, and MIGA that work on digital development as well as a broad set of external stakeholders that are partnering with the WBG in implementing this initiative.
Duties and Accountabilities:
The duties and accountabilities for this position include, but are not limited, to the following:
• Be a key member of the team, actively participating in meetings and providing valuable input.
• Assist in the development of new initiatives that combine public and private sector operations, in collaboration with a cross-cutting team of industry investment officers.
• Assist in the preparation of reports, memos, and other deliverables, ensuring high-quality and timely completion.
• Conduct benchmarking analysis to identify best practices and industry trends, contributing to the development of innovative strategies.
• Prepare and draft slides for presentations, incorporating relevant data and information.
• Provide support in logistics and communication, ensuring smooth coordination and efficient workflow within the team, this may involve organizing workshops and roundtables to identify opportunities and develop action plans for implementation.
• Participate in business development activities, creating a feedback loop between strategy and business development, and leveraging the strategy toolkit (e.g., market mappings, external interviews, and staff and client surveys).
• Stay updated on relevant industry developments, policies, and regulations, and contribute new knowledge within the global team and with the regions.
• Take detailed notes during meetings, ensuring accurate documentation of discussions, decisions, and action items.
• Demonstrate strong organizational skills, attention to detail, project management skills and the ability to multitask effectively in a fast-paced environment.
Selection Criteria
• Education: Master’s degree in (development) economics, public policy, foreign service, MBA/finance, or a closely related field with at least 3 years of work experience.
• Strong understanding of private sector development: Ability to formulate compelling narratives and define initiatives for IFC in context of private sector development challenges in emerging markets. Familiarity with go-to publications, reports, and databases to underpin these narratives.
• Strong understanding of digital development: Strong understanding of the digital landscape and its impact on private sector growth, including knowledge of digital infrastructure and emerging technologies.
• Excellent analytical and writing skills: Ability to translate complex issues into engaging and high-quality insights tailored to both public and private sector audiences and including Senior Management and key clients/stakeholders. Excels at document preparation (advanced MS Word, MS Power Point), data management (advanced MS Excel and other statistical/programming tools), data visualization and storytelling, and is versed on financial analysis.
• Excellent communication and interpersonal skills: Capable of actively participating in meetings, taking detailed notes, and effectively communicating ideas and information to team members.
• Project management skills: Proficiency in coordinating and managing projects, including the ability to prioritize tasks, set timelines, and ensure timely completion of deliverables and a demonstrated capability to handle logistics, coordinate communication, and manage multiple tasks simultaneously.
• Team player: Willingness to collaborate with industry investment officers and other team members, contributing to a cohesive and productive working environment.
• Operational experience is a plus.
• English is a must; French is a plus.
World Bank Group Core Competencies
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