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.
To identify project opportunities for IFC in the Jakarta and bolster our market presence, IFC is currently seeking an experienced Senior/ Country Officer to be based in Jakarta
Roles and Responsibilities:
The Senior/ Country Officer will be responsible for developing and managing strategic relationships with government and private sector partners, with the objective to develop a strong pipeline of investment and advisory opportunities for IFC.
• Proactively engage with clients and stakeholders with a focus on demonstrating and delivering IFC’s value-add, optimizing risk-return profile and development impact of IFC’s investments as well as exploring future business opportunities.
• Work closely with industry teams (including investment and Upstream & Advisory) on business development engagements with the public and private sector in Indonesia. Use analytical, financial, credit, and integrity assessments to identify bankable projects with sustainable development impact.
• Cultivate and maintain senior-level relationships with key private sector stakeholders in Indonesia. Participate in the creation of sector interventions and client engagement plans for IFC’s strategic clients.
• Develop and maintain relationships with key government and public sector stakeholders in Indonesia, and forge partnerships in areas of strategic priorities to IFC.
• Collaborate closely with World Bank colleagues and other relevant institutions.
• Coordinate closely with global colleagues, social, environmental, and technical assistance colleagues to add value to our client’s businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact.
• Organize and attend events and make presentations about IFC at relevant meetings and conferences to promote IFC in Indonesia.
The Senior/ Country Officer will gather market intelligence, and analyze strategically important portfolio trends, and emerging risks and opportunities; providing insight on economic, political and commercial issues ongoing in Indonesia:
• Enable investment teams to identify integrity issues, devise appropriate investment structuring, and inform them adequately in the management of portfolio projects.
• Support development and preparation of country strategies and input into internal briefing, strategy and communication materials; and input on both IFC and World bank project documentation
• Identify needed market and regulatory reforms and provide strategic input into “upstream” initiatives that create, deepen, and expand markets, and require the imagination, design, and implementation of investment projects.
• Engage with World Bank colleagues to support co-ordination of activities and where possible to create synergies in program operations that will for amplified impact.
The Senior/ Country Officer will support the Country Manager to facilitate and coordinate operations and IFC physical assets in Indonesia.
• Act as delegated official in the absence of the Country Manager
• Manage inward and outward visits from senior IFC Management
• Co-ordinate meeting agenda and supervise preparation of briefing materials
• Supervise small team of administration professional and contracted service providers (drivers, security etc)
• Mentor and coach more junior team members and help provide leadership in actively managing the portfolio and client relationships.
• Oversee the maintenance of IFC’s physical office (including as required renovations thereto) to allow for continued program delivery
• Advise Country and Regional Management on any changes in policy that may affect IFC’s status in Indonesia or impact on the well being of IFC staff
Selection Criteria
• Master’s degree in a relevant field.
• Minimum 12 years of relevant professional experience in investment services and financing activities; Proven track record of sourcing, structuring, and closing investments across sectors.
• Demonstrated network and proven business development and client relationship skills and ability to interact directly with senior management (chairman / CEO) of clients in Indonesia required
• Relevant networks and contacts in national and local government in Indonesia desired.
• Knowledge and understanding of IFC or a comparable development financial institution an advantage
• Deep understanding of Indonesia’s business, economic and political context
• Demonstrated business acumen with ability to identify and position investment opportunities
• Ability to tap into and leverage resources with expertise in sectors and industries, including risks, market dynamics, and regulatory structures. Able to read and anticipate shifts in market trends and the implications for IFC’s current and future business.
• Strong strategic mindset with ability to identify and promote projects and programs, internally to a range of business units and externally to a diverse set of stakeholders, that will amplify IFC’s impact over the medium term
• Capacity to lead negotiations that find common interests upon which to build and result in viable agreements among clients and different stakeholders who initially had conflicting agendas. Ability to offer alternative solutions to capitalize on opportunities and overcome impasses.
• Strong interpersonal and teamwork skills and ability to lead diverse teams and deliver high-quality products.
• Fluency in spoken and written English and in Bahasa Indonesia is required
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.