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.
IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity. This strategy calls for generating unique opportunities by proactively working “Upstream” to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. This strategy also calls for working with Governments and World Bank colleagues to first seek private sector solutions to address development challenges – where such solutions are advisable and can be effective – and reserve public financing for projects only when other options are suboptimal. This approach is called the “Cascade”.
The Manufacturing, Agribusiness & Services (MAS) Industry Group plays an important role in supporting IFC’s strategic priorities, covering projects and investments in global manufacturing and services, agribusiness, health, and education. MAS sectors play a critical role in providing goods and services to consumers, addressing core needs, creating jobs, contributing to government revenue, and stimulating growth. In IFC’s client countries, these sectors can account for as much as 80% of overall economic activity and can account for up to 90% of employment activity, particularly in the poorest countries.
In this context, IFC MAS Latin America and the Caribbean (LAC) is recruiting for the Upstream team with an exclusive focus on Health and Education. The candidate will support the development and implementation of a high-quality Upstream pipeline of projects through research, analytical and operational work.
IFC Upstream seeks an extended term temporary (ETT) to join the Manufacturing, Agribusiness and Services (MAS) team in Latin America and the Caribbean (LAC) focused on the health and education sectors. The ETT will work in a diverse set of projects across LAC and is expected to be proficient in Portuguese and/or Spanish in addition to English.
ROLES AND RESPONSIBILITIES:
• Analysis of relevant sectors, markets, and companies, including market mapping and comparator analysis, to help generate ideas for new projects and new products.
• Bachelor’s degree or equivalent professional qualification.
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.
Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their third-year ET appointment are not eligible for future ET appointments.