ABOUT THE COMPANY:
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
JOB SUMMARY
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.
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.
IFC Central Africa and Anglophone West Africa cluster has a mix of diverse economies: Nigeria, Ghana, Sierra Leone, Liberia, Cameroun, Sao Tome e Principe, Equatorial Guinea, Gabon, Central African Republic and Republic of Congo. The cluster has a large investment portfolio combined with a rich set of advisory projects dealing with a wide range of stakeholders. CAE supports all of these activities through strong analytics and policy dialogue. CAE also serves a critical bridge between IFC and IDA. In this role, the selected candidate, reporting to the Manager, CAE North, West and Central Africa, will support CAE engagements in various countries of the cluster and help IFC expand the frontier. The position is based in Lagos. We seek a motivated and dynamic professional with strong analytical skills and policy-relevant experience in private sector development.
Duties and Accountabilities:
• Support business and project development in line with client and market needs while working collaboratively across WBG.
• Support 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.
• Support high quality of project supervision and completion documents and provide quality control over client deliverables.
• Support 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.
• Support the oversight of the advisory portfolio in Nigeria and potentially in other Central Africa and Anglophone Africa cluster for quality and consistency of approach.
• Support the engagement with top management of the Government and private sector to improve the visibility of IFC.
• Support knowledge sharing sessions across the region.
• Support research and diagnostics relevant to our clients and stakeholders and to push our knowledge frontier on policy dialogue.
• Support resources management – budget, STCs, etc. for effective project implementation.
Selection Criteria
• Master’s degree in Finance, Business, Economics or a closely related field, or professional certification (CPA, CFA).
• At least 5 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.
• 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 conceptualize 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 is must. French is a plus.
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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