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 over 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 IFC 3.0 strategy aims to stimulate more investment activity across emerging markets, especially in Low-Income Countries (LICs) and Fragile and Conflict-affected States (FCS). We aim to create, deepen, and expand markets and design and develop impactful investment projects. This strategy is, in part, premised on improved country/sector diagnostic, strategic, and public sector engagement capabilities, which seek to: 1) resolve obstacles to private sector growth via diagnostic and strategic work that informs both IFC operations and relevant IBRD/IDA policy operations; and 2) overcome the shortage of investable projects in priority markets by proactively improving the private sector ecosystem at the country and regional level. Country Advisory and Economics Unit for North, West, and Central Africa within the Africa Vice Presidency was recently established due to the re-organization to drive the strategy.
CAE has a diverse portfolio in Morocco, spanning both advisory and analytics, covering a wide range of topics relevant to the country’s private sector development. As the senior staff member of CAE in the Rabat office, the candidate is expected to lead activities and dialogue with the stakeholders in Morocco while also supporting other countries in North Africa. The position is based in Rabat. We seek a motivated and dynamic professional with strong analytical skills and policy-relevant experience in private sector development.
In this role, the selected candidate, reporting the Manager, CAE North, West and Central Africa, will serve as the Country Anchor for CAE in Morocco, playing a leading role across the various CAE tools and offerings. He/she will work closely with IFC Upstream, Investments and Advisory staff in Morocco as well as IBRD staff to design and ensure implementation of reforms that address bottlenecks faced by investors in IFC’s priority sectors, using a variety of WBG tools and offerings. He/she will lead strategic initiatives, innovate new projects and build new business in line with the WBG/IFC country strategy, and deliver high quality Advisory engagements to the Government and private sector in Morocco and potentially across the Maghreb region.
Duties and Accountabilities:
• Lead business and project development in line with client and market needs while working collaboratively across WBG
• Lead the implementation of projects by participate in senior level client meetings to provide technical advice and monitor progress in implementing relevant reforms to unlock investment. Moreover, support client in implementing recommendations and help trouble shoot as needed.
• Ensure high quality of project supervision and completion documents and provide quality control over client deliverables.
• Lead the engagement with the relevant teams at the World Bank and IFC for reforms needed to unlock new markets and work collaboratively with Upstream teams.
• Provide oversight of the advisory portfolio in Morocco and potentially in the Maghreb region for quality and consistency of approach.
• Lead the engagement with top management of the Government and private sector to improve the visibility of IFC.
• Organize knowledge sharing sessions across the region,
• Lead research and diagnostics relevant to our clients and stakeholders and to push our knowledge frontier on policy dialogue.
• Manage resources – budget, STCs, etc. for effective project implementation
• Develop technical capabilities of the broader practice group team through mentoring, coaching, and knowledge sharing.
Selection Criteria
• Master’s degree in Finance, Business, Economics or a closely related field, or professional certification (CPA, CFA).
• At least 8 years’ experience in private sector development, with a focus on delivering private sector oriented reform projects in delivering advisory engagements.
• Strong track record of working with the government clients. Experience in Morocco is a plus.
• Understanding of IFC and WBG products/ instruments and where there are opportunities for cross-organizational collaboration. Demonstrable experience working on IFC and WBG products will be an advantage.
• Ability to design, negotiate and lead efforts to develop client offerings that reflect in-depth knowledge of thematic area and understanding of business case for how thematic focus will help client to improve their business.
• Ability to conceptualize and lead research and analytical projects that could ultimately lead to the opening of new markets and/or reframe thinking on thematic approaches to better meet IFC and WBG mandates.
• Excellent knowledge of Word, Excel, PowerPoint and aptitude to learn new systems is a must. Ability to use project management systems is a plus.
• Excellent written, verbal communication and presentation skills plus fluency in English and French is must.
If the selected candidate is a current World Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3 years term appointment.
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.
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