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.

The Trade and Supply Chain Department is one of the industry groups at IFC, with both investment and advisory services delivered to IFC’s clients through IFC’s global network. IFC’s priorities in Trade are: (i) grow investment and advisory solutions in all regions it operates in, while achieving strong profitability and development impact (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.

Global trade is an engine of growth that creates jobs, reduces poverty, and increases economic opportunities. It is a key driver of integration and opportunities for local enterprises in emerging markets and developing countries. Financing trade is fundamental to the movement of goods at all stages of the supply chain and can have a strong development impact in developing countries. IFC’s trade finance programs offer guarantees, risk-sharing facilities, loans, and other structured products to support trade in emerging markets. Through these various products, IFC has supported more than 400 financial institutions and thousands of underlying companies in more than 100 countries across all regions of the globe. To date, IFC’s Trade and Supply Chain Finance has supported over $200 billion in global trade, all of which is directly linked to the movement of specific goods across emerging market borders.

IFC is seeking an ETT to be based in Washington DC who can support IFC Trade Team’s operations

Duties and Accountabilities:

The ETT is expected to:

• Contact GTFP Issuing Banks to follow up on the answers for the DOTS and other relevant surveys as needed. Work closely with the regional trade team and the survey team to ensure that all clients send in completed surveys.
• Connect with GTFP Confirming Banks and Issuing Banks to update legal agreements and other documentation under the supervision of senior officers.
• Stay abreast of market news regarding trade finance and GTFP clients and insurance companies and support the trade team in market research as needed.
• Track program activities and mobilization by using the corporate systems and prepare activity reports and presentations for the trade group and management as needed;
• Participate in decision meetings and assist in the review of decision notes.
• Support the trade team to track billing over-dues and contact client banks
• Maintain and manage updated lists of Issuing Banks and Confirming Banks as well as presentations and distribution lists for external communication.
• Support market opportunities for Trade and Commodity Finance products and work closely with the Regional Leads and Trade management in project development, the deal structuring, documentation, and product delivery as required.
• Contribute to the analytical work for GTFP, GTLP, or any other trade programs as needed to support efficient program delivery.
• Support preparations for the next GTFP Partners Meeting

Selection Criteria

• BA in finance, economics, or other related areas.
• Ability to interact directly and independently with clients.
• Excellent verbal and written communication skills in English, Portuguese and Spanish are required.
• Sound organizational skills and ability to prioritize and deliver assignments in a timely manner often under severe time pressures
• Strong teamwork, negotiation, and marketing skills and;
• Strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds

World Bank Group Core Competencies

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.

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.