Upstream and Advisory Manager FIG, LAC

Job Posting Organization:
The International Finance Corporation (IFC) is a member of the World Bank Group and is recognized as the largest global development institution focused on the private sector in emerging markets. Established to promote economic development by encouraging private sector investment, IFC operates in over 100 countries worldwide. The organization utilizes its capital, expertise, and influence to create markets and opportunities in developing countries, with a mission to leverage the power of the private sector to eradicate extreme poverty and promote sustainable shared prosperity. IFC's strategic initiatives are aimed at stimulating investment activity across emerging markets, thereby creating new opportunities for private investment in riskier markets and sectors.

Job Overview:
The Upstream and Advisory Manager for the Financial Institutions Group (FIG) in the Latin America & Caribbean region will play a pivotal role in enabling investment opportunities, enhancing investment outcomes, and improving investment conditions. This position is critical for delivering on IFC's strategy, which emphasizes job creation, financial inclusion, and support for micro, small, and medium enterprises (MSMEs). The Manager will be responsible for driving Private Capital Mobilization (PCM) outcomes by integrating mobilization considerations into upstream and advisory engagements. This role requires a strategic approach to business development, deal sourcing, and client support, focusing on a broader product offering and a long-term perspective to meet market development needs and contribute to IFC's growth and impact objectives.

Duties and Responsibilities:
The Upstream and Advisory Manager will have a comprehensive set of responsibilities, including leading and managing the Upstream & Advisory unit to ensure high performance and motivation among team members. The Manager will mentor staff, promote learning opportunities, and contribute to the Regional and Industry Management Team. Strategic responsibilities include formulating the unit's strategy in coordination with the Regional Industry Director and delivering key strategic priorities aligned with the World Bank Group Strategy. The Manager will enable investment opportunities by incubating high-impact projects, enhancing investment outcomes through value-additive services, and improving investment conditions by collaborating with other teams to drive sector-wide changes. The role also involves engaging with stakeholders to foster innovative thinking and partnerships, capturing and disseminating knowledge, and ensuring high-quality operations throughout the project cycle.

Required Qualifications:
Candidates must possess a Master's degree or equivalent professional qualification in Business, Finance, Economics, International Relations, or a related discipline, along with a minimum of 12 years of relevant experience. A strong commitment to the World Bank Group and IFC's mission, strategy, and values is essential. Candidates should have a deep understanding of industry sectors, capital markets knowledge, and experience in advancing financial inclusion and MSME finance. Strong analytical skills, a proven track record of engaging with private sector clients and stakeholders, and the ability to innovate and challenge the status quo are also required. Excellent people management skills, strong communication abilities, and sensitivity to multicultural environments are crucial for success in this role.

Educational Background:
The educational background required for this position includes a Master's degree or equivalent professional qualification in relevant fields such as Business, Finance, Economics, or International Relations. This advanced education is essential to equip candidates with the necessary knowledge and skills to navigate complex financial and economic landscapes effectively.

Experience:
Candidates should have a minimum of 12 years of relevant experience, demonstrating a strong track record in project implementation for Upstream, Advisory, and/or Investment operations. Experience in leading and delivering private capital mobilization outcomes, as well as familiarity with regulatory and financial policy issues, is highly desirable. The ability to engage with diverse stakeholders and advance financial inclusion initiatives is also critical.

Languages:
The mandatory language for this position is English, while Spanish is preferred. Proficiency in both languages will enhance communication and collaboration with stakeholders across the Latin America and Caribbean region, facilitating effective engagement and partnership development.

Additional Notes:
This position is an international recruitment opportunity with a term duration of 4 years. The role is based in one of the following locations: Panama City, São Paulo, Bogotá, or Mexico City. The World Bank Group offers comprehensive benefits, including a retirement plan, medical, life and disability insurance, and paid leave, including parental leave. The organization is committed to diversity and inclusion, ensuring equal opportunities for all employees regardless of gender, religion, race, ethnicity, sexual orientation, or disability.