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.

The Regional Vice President for Asia & the Pacific (APAC) is looking to recruit a Principal Adviser for the Vice Presidency’s front office. The APAC VPU oversees IFC’s engagements in two subregions – East Asia & the Pacific and South Asia. This includes operationalizing IFC’s growth strategy (IFC 3.0) – a systemic approach to stimulate more investment activities, building a strong pipeline for private sector investments rooted in country strategies, and fostering more collaboration opportunities with key stakeholders to maximize impact. The Vice President is part of IFC’s senior management and interacts closely with the Board, the World Bank, MIGA, and external partners.

The Principal Adviser to the Vice President will assist in all aspects of the work of the Vice Presidency. The position, therefore, provides a unique opportunity to gain an overview of IFC’s operations and broader issues of strategy, organization, and financial management, as well as interact with a wide range of people inside and outside the corporation.
The position will be based in Washington, DC.

Duties & Accountabilities:
•  Advise the VP on issues arising from engagement with the management team and coordinate with other VPUs and WBG on various issues.
•  Support the VP on all matters relating to the VPU, in coordination with the other Advisers, including setting the VPU’s objectives and strategy, board interactions; budgeting, workforce planning; and analysis and recommendations on issues brought to the VP’s attention.
•  Attend meetings with or on behalf of the VP. Ensure appropriate follow-through on actions, decisions, and commitments by working with the parties responsible for implementation.
•  Support the daily workflow of the VP, along with the other Advisers, Executive Assistants, and support units (HR, Budget, Communications, etc.), and ensure that the VP is adequately briefed and apprised of important issues.
•  Prepare and/or review correspondence, memoranda, briefings, speeches, and draft talking points for a broad spectrum of occasions and work closely with communications staff.
•  Closely interact with the IFC Management Team members and their staff and inform them of important issues.
•  Maintain regular contact, both informally and formally, with a wide range of staff, including directors and managers, to stay abreast of emerging issues; ED advisors to understand their priorities, and front offices of IFC VPs, IFC MD and other WBG regional VPs.
•  Represent the VPU as needed in ad-hoc working groups/task forces

Selection Criteria

•  Master’s degree or similar in economics, finance, public policy, or other relevant fields.
•  At least 15 years of relevant experience and five years of experience in the WBG.
•  Ability to handle a large workload, balance and prioritize competing demands under high-pressure, and quickly respond to complex demands.
•  A proven ability to work independently, with demonstrated organizational, analytical, and logistical skills, with an eye for detail.
•  Capacity to follow up systematically and efficiently on a broad set of initiatives and decisions.
•  Strong initiative and record of performance with low supervisory requirements to function effectively as a team member within an unstructured and pressured work environment.
•  Excellent interpersonal and diplomatic skills, a high degree of tact and discretion in dealing with internal and external clients, staff, and managers at all levels, and handling confidential and sensitive information.
•  Commitment to the World Bank Group’s and IFC’s mission, strategy, and values.
•  Excellent oral and written communication skills.
•  A clear understanding of WBG’s Operational Procedures & Principles, Policies and Guidelines, and other day-to-day processes; and
•  Flexibility in work hours, as needed, to accommodate the heavy demands and pace of operations.

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.