Senior Industry Specialist – Automotive – Other
Istanbul, Turkey
JOB DETAIL
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. For more information, visit www.ifc.org.
Roles and Responsibilities
Organizational Role
• Provide sectorial business support to teams and clients on sector transactions, sector portfolios, and advisory projects to ensure sound investments, and to help address potential problems or risks
• Play a supporting role in business development and market creation activities for the sector
• Mentor and coach junior staff and share experiences
Strategy, Business Development and Upstream Work
• Contribute substantively to market creation activities by using sector business experience, networks, and expertise, including WBG activities
• Grow IFC business by providing sector expertise in pitching opportunities to potential clients
• Contribute to sector and country strategy development, market assessments, and identifying market potential and market creation activities
Early Screening – Appraisal – Portfolio
• Provide technical and business input at all stages of the investment cycle from business development, screening, appraisal, and processing, to investment portfolio supervision, with the aim of supporting sound, impactful, and well-performing investments. This will be achieved by identifying potential issues and weaknesses and offering timely solutions including the design of advisory support
• Early Screening – Support investment teams in identifying clients who would be good targets for investment, and assisting in screening out projects that lack business fundamentals
• Appraisal – Produce clear and comprehensive appraisal and supervision reports. Provide investment teams with technical and business parameters as inputs into financial models, and support investment officers and analysts in developing robust scenario-based models
• Portfolio – Advise investment and portfolio teams on the significance of changes in the business operations of client companies in the assigned sector portfolio, to determine how the IFC investment is likely to be impacted
• Design interventions and work closely with clients to address emerging business risks that jeopardize project success
Knowledge Management
• Contribute to internal knowledge building activities and maintenance of a lessons-learned database and relevant industry benchmarks
Client Engagement
• Contribute to Client Relationship Management
• Work proactively with investment teams to identify opportunities for advisory engagements that result in greater development impact and value
• Provide expert input to new IFC Advisory & Upstream products that lead to strategic investment opportunities for IFC
Selection Criteria
• Engineering Degree in a relevant field such as Mechanical, Industrial, or Production Engineering with a post-graduate degree (Masters-level Degree or higher). An MBA from a recognized institution would be an added advantage
• Minimum 15 years of relevant experience in private-sector manufacturing and business, with in-depth experience in the automotive value chain. Exposure to EV technologies and the EV Battery value chain will be a distinct advantage
• Expertise and experience in LEAN manufacturing would be advantageous
• Experience in developing and/or evaluating business plans, project design, project execution, project management, plant operations, marketing and business development, etc
• Business management with P&L responsibility experience is essential
• Up-to-date knowledge of automotive component production technologies, trends, challenges, and economies of scale, as well as conversion processes, potential applications, and markets across the value chains
• Ability to travel worldwide to/work in emerging market countries for up to 35% of the time
• Ability to work under pressure on multiple projects in parallel, often with tight deadlines
• Self-starter capable of independently resolving administrative requirements
• Genuine commitment to sustainable development and to the WBG and IFC’s mission, strategy, and values
• Excellent people skills, openness to feedback, new ideas, and ability to guide, and motivate others
• Sensitivity for working in a multicultural environment, commitment to diversity, and ability to build effective working relationships with colleagues/clients/partners across regions
• Strong written and verbal communication skills in English
• Proficiency in French, Spanish, Mandarin, Turkish, or other languages relevant to IFC’s emerging market focus would be a plus
• Experience working in emerging economies is highly desired
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.
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