Note to Internal Staff: Current Bank Group staff on a Regular or Open-Ended appointment will retain his/her appointment status. All others will be offered a renewable term appointment. IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, providing advisory services to
businesses and governments, and mobilizing capital in the international financial markets. In fiscal 2011, amid economic uncertainty across the globe, we helped our clients create jobs, strengthen environmental performance, and contribute to their local communities—all while driving our investments to an all-time high of nearly $19 billion. For more information, visit www.ifc.org. Fragile Situations (FS) are a group of around 30 countries and territories facing special development challenges due to fragile state institutions and/or the effects of conflict. The nature of those challenges, including the importance of job creation and private sector development, were the focus of the World Development Report 2011: Conflict, Security & Development. IFC, the private sector arm of the World Bank Group, is committed to scaling up its efforts to address these challenges. IFC’s work in FS includes Advisory Services (AS) to governments and firms, as well as Investment Services (IS) for private investment projects. As part of its strategy for strengthening its impact in FS, IFC is recruiting a FS Coordinator to act as a central focal point and champion for these efforts. The FS Coordinator will work across AS and IS, and across regions, to provide corporate leadership on FS issues and provide specialist support to regions and global departments on a range of FS-specific issues, including strategy development, product development, and thought leadership. The Coordinator will also act as a central focal point for IFC’s engagement in WBG-wide initiatives in FS. The FS Coordinator will be housed in the Investment Climate Department (CIC) and will report jointly to the AS Global Business Line Leader for Investment Climate and to the Director of the Trade and Supply Chain Finance Department.
Duties and Accountabilities
Reporting jointly to IFC’s Global Business Line Leader for Investment Climate and to the Director of the Trade and Supply Chain Finance Department, the FS Coordinator will:
• Act as a central focal point for IFC’s efforts to strengthen its impact in FS through its advisory and investment operations, and act as a champion for those efforts.
• Support regions in effective strategy development in FS, including through advice on diagnostics, the establishment of priorities, and the sequencing or adaptation of advisory and investment products to expand IFC impact.
• Support global AS business lines and IS industry departments in the development of new products or approaches tailored to the special needs of FS.
• Promote and support IFC’s contribution to global thought leadership on private sector development in FS, including by supporting the identification and dissemination of lessons of experience across regions, AS business lines, and IS industry departments, as well with the WB and other partners.
• Act as a central focal point for IFC engagement with the World Bank and MIGA on FS issues and related initiatives, and promote and support other IFC external partnerships on FS-specific issues.
Selection Criteria
Candidates must meet the generic criteria for GH level, including advanced degree (Master’s and/or PhD) in Finance, Economics or a related discipline; relevant work experience; and a sustained record of achieving high-quality substantive results over an extended period (typically at least 10 years). In addition, the successful candidate will require:
• Practical understanding of the special challenges facing private sector development and private sector investment in FS, preferably including relevant country experience.
• Strong understanding of IFC AS or IS, a good understanding of the other, and a practical appreciation of how the potential synergies between AS and IS can be leveraged for greater impact.
• Demonstrated leadership ability, including ability to work effectively with colleagues across organizational boundaries, to gain buy-in from business units, and to forge effective partnerships with internal and external stakeholders.
• Excellent strategic and analytical skills.
• Excellent oral and written communication skills. Only online applications are accepted. Only short-listed candidates will be contacted for interviews.
Click Here to Apply
Closing Date: Tuesday, 07 February 2012
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