Senior Industry Specialist - Retail

Job Posting Organization:
The job is posted by the International Finance Corporation (IFC), which is a member of the World Bank Group (WBG). The WBG is one of the largest sources of funding and knowledge for developing countries, dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. Established in 1944, the WBG operates in 189 member countries and has over 120 offices worldwide. The organization collaborates with public and private sector partners to invest in innovative projects and leverage data, research, and technology to address global challenges.

Job Overview:
The Senior Industry Specialist - Retail position is a critical role within the IFC, focusing on the retail sector, which has seen significant growth. The successful candidate will be responsible for evaluating project investments, identifying advisory opportunities, and supporting innovation and strategy within the retail sector. This role requires extensive strategic and operational experience in senior management positions, particularly in emerging markets. The candidate will provide expert opinions on investment proposals and will be expected to travel frequently for work. The position is based in Washington DC and reports to the Manager of Tourism and Services, Solutions & Impact.

Duties and Responsibilities:
The duties and responsibilities of the Senior Industry Specialist include participating in business origination activities, building and maintaining client relationships, appraising the technical and commercial feasibility of potential projects, and managing existing project portfolios. The specialist will provide expert advice to clients, support investment officers in developing financial projections, and contribute to the development of IFC’s retail sector strategy. Additionally, the role involves disseminating knowledge and best practices, engaging with colleagues across the WBG, and supervising consultants as needed. The specialist will also be responsible for keeping the team updated on sectoral news and trends.

Required Qualifications:
Candidates must possess a Master’s degree in a relevant field and have over 20 years of total experience, including managing operations for an international retailer or a large regional player. Preference is given to those with COO or CEO level experience. In-depth knowledge of the retail food sector is essential, while knowledge of non-food retail is a plus. Candidates should also have a good understanding of e-commerce trends and competitive landscapes, as well as experience with emerging business models in retail.

Educational Background:
A Master’s degree in a relevant area is required for this position. This educational background should ideally be complemented by extensive experience in the retail sector, particularly in senior management roles.

Experience:
The position requires a minimum of 20 years of total experience, with significant experience managing operations for international retailers or large regional players. Candidates should have a strong background in the retail sector, particularly in food retail, and experience in emerging markets is highly advantageous. Familiarity with e-commerce and digital retail trends is also important.

Languages:
Fluency in English is mandatory for this position. Knowledge of another major business language is considered an advantage, enhancing the candidate's ability to communicate effectively in a global context.

Additional Notes:
This position is an international recruitment opportunity with a term duration of 3 years. The role is full-time and requires significant global travel. The World Bank Group offers a comprehensive benefits package, including retirement plans, medical and life insurance, paid leave, and accommodations for individuals with disabilities. The organization is committed to diversity and inclusion, ensuring equal opportunities for all candidates.