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.

The Global Municipal & Environmental Infrastructure (CNGME) unit, in collaboration with the regional industry groups, is responsible for IFC’s municipal and environmental infrastructure business, which includes sub-national investments in municipalities and utilities, and commercial investments in private water and waste management companies. Investments in each of these sub-sectors is supported by platforms that develop and provide advisory products, technical assistance and capacity building support to our clients.

CNGME is looking to recruit an Extended Term Consultant (ETC) with relevant technical expertise to support IFC’s strategic drive to increase investments and advisory engagements in the sustainable waste management sector with emphasis on a circular economy approach. The ETC would work closely with the Global Waste & Circularity team in CNGME and regional infrastructure teams, with the successful candidate expected to have robust technical experience, preferably in emerging markets, have sound business judgment and be able to work in transaction teams by providing expert opinion on the technical and operational aspects of investment and advisory opportunities from across our global network. The selected candidate will be based in Washington DC and will work under the oversight of the Senior Industry Specialist in the Waste & Circularity team. The position will have a global focus and involve regular travel commitments.

Duties and Accountabilities 

Project technical assessment:
•  As a technical specialist, support IFC’s investment and advisory work across the solid waste management value chain, including materials recovery and recycling;
•  Act as an in-house specialist to investment staff in evaluating projects under consideration for IFC support;
•  Participate in project appraisals for detailed technical and commercial due diligence of investment projects, including review of market, sponsor capabilities, technologies, technology suppliers, contractors, and contractual arrangements;
•  Provide guidance on advisory services work in the waste management sector relating to upstream activity;
•  Support IFC’s portfolio of solid waste sector investments, including field inspection as necessary and assist in resolving operational concerns;
•  Liaise with IFC current and perspective clients, consultants, co-investors, technology providers, and EPC contractors; and
•  Hire and supervise consultants and consulting firms to conduct market studies, project analyses, and other support services, as required. 

Business development and knowledge products:
•  Interact with a network of sector players including project developers, technology providers, experts and regulators to help develop business;
•  Assess, identify and opine on market opportunities, trends, issues and challenges;
•  Work closely with colleagues from other IFC practices as well as the World Bank to identify synergies and harness opportunities;
•  Support the development of targeted knowledge products to disseminate internally and externally; and
•  Participate in developing and implementing IFC’s overall sector strategy in the waste & circularity area.  

Selection Criteria

•  Sound business judgment to identify the strengths and weaknesses of projects and company business plans, and to provide independent evaluation of technical, commercial, environmental and managerial issues;
•  At least ten years of experience in the sustainable waste management sector, covering a broad range of responsibilities including solid waste treatment, transport and disposal; recycling & recovery operations and technologies; and waste-to-energy technologies;
•  Strong experience and understanding of:
o  Latest developments and technologies in the waste sector, including the value chains related to residential, commercial, municipal, industrial, hazardous and biomedical wastes, and their applicability to developing economies;
o  Materials Recovery Facility (MRFs) and other related technologies (e.g. plastic extrusion) utilized in the recycling industry to sort & process various non-organic waste fractions to make them ready (including bailing, pelletizing, etc.) for sale to buyers (whether re-processors or manufacturers) of the recovered materials (metals, plastics, glass, cardboards, paper, etc.);
o  Industry players who provide such technologies and its operations & maintenance, their track record and suitability in the context of developing economies’ waste management systems;
o  The type of non-organic waste stream and its quality and composition suitable for recycling at MRFs and other recycling facilities – including ability to achieve sufficiently high-quality standards for offtake to international markets;
o  Business models, technology and O&M costs associated with recycling operations in both developed and developing economies; and
o  Purchasers/off-takers of the recycled materials; industry competitive dynamics and risks in the recycled materials market; pricing and commercial, contractual arrangements that is common in the industry for the sale & purchase of a variety of recyclables (plastics, metals, glass, cardboards, paper, etc.) of different quality standards.

•  Extensive relationships in the solid waste management industry, including with project sponsors, technology providers, contractors, and industry associations;
•  Understanding of construction, operations, BOT, and performance-based contracting;
•  Ability to evaluate capital and operational cost parameters for different technologies;
•  Knowledge of industry benchmarks and best practices for evaluation of operational efficiencies;
•  Experience in emerging economies; willingness and ability to travel internationally;
•  Excellent communication skills in both oral and written English; additional languages skills (including, but not limited to, Mandarin, Spanish, French) are an advantage;
•  Advanced degree in engineering, business, environment, urban or related field. 

World Bank Group Core Competencies

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