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 Infrastructure Department (CNG) is responsible for sourcing and executing investment transactions in the power, transport, utilities, etc. areas. The department also works with its counterparts in the World Bank to provide policy-based assistance to governments. Within the Infra department, the Global Transport Team (CNGTR) take part in transport projects worldwide including ports, roads, airports, railways, mass transit, logistics and other kinds of transport infrastructure and rolling stock investments. The different activities they are involved include project screening, project appraisals before investment decision, project monitoring and support during construction & operation phases, several ways of knowledge management activities and business development support. Within the Global Transport Team, the Industry Specialists provide the specific business-related knowledge support during any of the phases above, for example sectoral, market or technical.
IFC is currently recruiting one Industry Analyst for the Transport Unit in its Global Infrastructure Department in the Transport sector on a secondment basis for one-year term contract. The Industry Analyst will work with other Analysts alongside experienced Industry Specialists and investment staff to help deliver on IFC’s ambitious program and development objectives. The Industry Analyst will have unique opportunities to learn from the business activity and specific training courses.
Upon completion of their contracts, Industry Analysts would typically leave IFC to pursue additional studies or industry work experience.
Duties and Accountabilities:
The Industry Analyst assists the Transport team, in particular Transport Industry Specialists, in delivering the business program. This typically comprises support for business development, project screening, technical and market appraisal and approval for investment projects, portfolio monitoring during construction and operation phases, knowledge management, as well as other supporting roles as needed.
The Industry Analyst participates in client engagement, desktop research, memorandum and report writing, project administration using IFC’s IT tools, making and delivering presentations. Travel is required based on business needs. Detailed tasks include, inter-alia:
Market creation and upstream project preparation
• Assist in developing new markets and business opportunities
• Help screen projects at early stages for commercial viability, risk and developmental impact
• Analyze operations and different business models in the Transport sector
• Maintain cost and productivity data bases for the Transport sector in emerging markets
• Conduct sectoral, market and company research
Transaction processing
• Participate in all aspects of IFC’s deal approval process including due diligence/ appraisal and investment review
• Assist with review of project information and technical documentation during the due diligence phase – including, amongst others, demand forecasts, concession agreements, contracts (construction, operation) or any technical document involved in the project that may have any implications in terms of risk allocation
• Compare project parameters to widely used sector benchmarks
• Prepare investment-related documents for internal and external audiences
Portfolio
• Assist with proactive technical monitoring of project portfolio during implementation and operational phases, including quality of the completed works, completion cost, on-time completion, actual productivity; review and summarize periodic project progress and operations reports; flag major issues.
• Help design and maintain proper KPI database for portfolio companies and to inform new investment opportunities
Other
• Perform analytics on markets, company performance, portfolio data and other relevant information
• Help maintain and update IFC technical ToR database and market/technical consultants’ roster
• Work on development and update of lessons learnt database, technical handbooks, and knowledge management materials
• Contribute to orderly filing and dissemination of relevant project documentation
The Industry Analyst must demonstrate business sense and responsiveness in interactions with others, being able to form relationships with counterparts and mid-level clients and stakeholders to exchange information needed for transaction or portfolio processing.
Selection Criteria
• Master’s degree in Civil Engineering or equivalent academic degree,
• At least two years relevant Transport sector experience
• Strong technical and analytical skills; good engineering judgement
• Strong oral and written communication skills; fluency in English required; proficiency in additional global business languages is a plus
• Emerging market exposure preferred
• Team player with strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds
• Ability to travel on short notice
• Interest in the World Bank Group and IFC’s mission, strategy and values
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.