International Finance Corporation (IFC)

Upstream Associate Operations Officer (Urban Infrastructure)

International Finance Corporation (IFC)

Job Description

  IFC—a sister organization of the World Bank and 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 2019, we invested more than $19 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity, especially in Low Income Countries (LICs) and countries in Fragile and Conflict affected Situations (FCS). While IFC continues to expand its traditional roles of Advisory Services and investment operations, IFC Management has called for a broader strategy to develop its own pipeline of transactions by engaging the public and private sectors earlier in the project cycle. This strategy calls for generating our own opportunities by proactively working “Upstream” (i.e. prior to and/ or in anticipation of a project or investment), to create, deepen, and expand markets and to imagine, design, unblock 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, as well as addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. It also requires capacity to leverage WBG programs and projects to develop our own proactive sector interventions and to imagine and design projects even in the absence of reforms. IFC is seeking an (Associate) Operations Officer for Upstream with expertise in urban infrastructure. The position is part of the broader Infrastructure and Natural Resources (INR) team in the Latin America region. The INR team delivers financial and Technical Support to clients in the energy, transport, telecoms, municipal & environmental infrastructure, gas and mining sectors. The selected candidate will focus on supporting the growth of its subnational/urban infrastructure business in the LAC region, through the development and ramp up of bankable and investable operations, leveraging both upstream and advisory engagements, under the supervision of the Regional Upstream Lead. S/he will also support policy work and other urban-related interventions across the World Bank Group related to Upstream efforts. Duties and Responsibilities: The Associate Operations Officer will have a wide range of evolving responsibilities, which will be exclusive or shared with other team members. Anticipated scope of duties and responsibilities includes the following:
  • With an emphasis on creating investment opportunities for IFC at the subnational level, support the identification, prioritization and assessment of Upstream opportunities that emerge from country and sector strategies and market intelligence work and Business Development work carried out by regional and global INR teams.

  • General support to IFC’s subnational business development, upstream and value-add advisory engagements.

  • Map municipal or utilities infrastructure leads and conduct industry and market research.

  • Participate in meetings with potential clients and help diagnose infrastructure issues, developing integrated investment and advisory solutions.

  • Support specific subnational engagements by participating in business development when needed, undertaking initial diagnostics of client capacities and needs, identifying and managing consultants.

  • Contribute to the conceptualization, development and supervision of Upstream projects, including various types of pre- investment work required to generate and enable IFC investments: sector diagnostics, market surveys, feasibility studies, scoping and evaluation of business models, and implementation plans, among others.

  • Work with other IFC colleagues in the region to map and track municipal and subnational infrastructure characteristics across the LAC region including legal, regulatory, political and economic considerations.

  • Arrange related discussions and research to help advance subnational borrowing frameworks. Organize project review meetings and supporting documents to facilitate cross regional learning.

  • Oversee monitoring and evaluation of projects, ensuring results are properly tracked and supporting materials properly filed; ensure compliance with eventual IEG evaluations.

  • Work with the World Bank to analyze sector and regulatory reforms that are needed to unlock opportunities for private investment.

  • Input into overall communications and Capacity Building strategy.

  • Oversee the preparation of specific knowledge products for internal and external audiences as requested, including strategic research, pitch books and proposals for both advisory and investment clients, case studies, smart lessons etc.

  • Support IFC’s participation in external events including briefing materials and presentations.

  • Support on partnership development strategy.

Selection Criteria
  • Master's degree or equivalent professional qualification in Business, Finance, Economics, Relations, Science, Engineering, or other relevant field.

  • Understanding of market creation and the regulatory environment relating to urban infrastructure— water, sanitation, urban mobility, waste management.

  • At least 5 years of relevant experience in project and/or sector development, including feasibility studies, regulatory Analysis, hands-on PPP advisory and/or consulting functions in urban infrastructure in a developing country.

  • Relevant commercial/business development experience.

  • Relevant finance related experience.

  • Genuine commitment to development and to the World Bank Group and IFC's mission, strategy and values.

  • Understanding of IFC’s strategic priorities and changing Business Model to engage earlier in the project development cycle.

  • Capacity to innovate and challenge traditional approaches and experience in new idea generation, business development, and creating projects/programs from scratch.

  • Ability to link policy reforms, advisory interventions, investment, and mobilization to deliver solutions at a country level and engage with relevant stakeholders.

  • Experience working in advisory/ consulting roles and/or in developing greenfield investment opportunities in one of the urban Infrastructure Sectors is preferred.

  • Ability to engage with private sector clients, local and national governments and other stakeholders to encourage pioneering business and market development.

  • Experience in project/Program Management, including executing against implementation plans with defined business development milestones.

  • Outstanding analytical and critical thinking skills.

  • Strong written and verbal communications skills in English.

Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.
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