(Associate) Operations Officer - Sustainable Finance and Transaction Solutions

Job Posting Organization:
The job is posted by the International Finance Corporation (IFC), which is part of the World Bank Group (WBG). The WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. Established in 1944, the WBG has 189 member countries and operates in more than 120 offices worldwide. The organization focuses on providing funding and knowledge to help countries address their development challenges, particularly in the areas of climate change and sustainable finance.

Job Overview:
The (Associate) Operations Officer position within the Sustainable Finance and Transaction Solutions unit of the Climate Department at the World Bank Group is designed to support the integration of climate risk management and sustainable finance solutions into operational projects. The role involves collaborating with various teams across the WBG to develop scalable solutions that meet client demands while enhancing climate co-benefits. The officer will be expected to contribute to the design and structuring of sustainable finance products, apply climate finance concepts to operational decisions, and support the development of IT and data solutions that improve workflow and decision-making processes. This position is crucial for ensuring that the WBG can effectively address climate-related challenges and promote sustainable development through innovative financial solutions.

Duties and Responsibilities:
The duties and responsibilities of the (Associate) Operations Officer include supporting WBG operations on sustainable finance and climate risk management solutions, contributing to the design and structuring of sustainable finance products, applying climate finance concepts to operational decisions, and developing IT and data solutions. Specific tasks include:

• Supporting the implementation of thematic labeled finance, sustainability-linked finance, transition finance, and blended finance initiatives.
• Designing sustainable finance products, including eligibility approaches and KPI frameworks.
• Applying climate finance and risk concepts to operational decisions.
• Developing tools that enhance data quality and reporting processes.
• Collaborating with various teams to ensure consistent approaches to sustainable finance across different operational contexts.
• Translating methodologies and market standards into practical guidance and training materials.
• Strengthening climate-related data quality and auditability.
• Engaging with stakeholders to deliver effective solutions that align with organizational goals.

Required Qualifications:
Candidates must possess a Master’s degree or higher in finance, economics, business, public policy, engineering, data analytics, environmental science, or a related field. Additionally, they should have at least 5 years of relevant experience, preferably 8 or more, in sustainable finance, development finance, climate risk, or related fields. Practical experience with sustainable finance instruments such as green bonds, sustainability-linked loans, and climate risk management solutions is essential. A strong understanding of climate transition risks, adaptation strategies, and sustainable finance taxonomies is also required. Candidates should demonstrate strong analytical, quantitative, writing, and presentation skills, as well as the ability to work collaboratively across various teams.

Educational Background:
The educational background required for this position includes a Master’s degree or higher in relevant fields such as finance, economics, business, public policy, engineering, data analytics, or environmental science. This advanced education is crucial for understanding the complexities of sustainable finance and climate risk management, as well as for contributing effectively to the development of innovative financial solutions.

Experience:
The position requires a minimum of 5 years of relevant experience, with a preference for candidates who have 8 or more years of experience in sustainable finance, development finance, climate risk, or related fields. Candidates should have practical experience in supporting sustainable finance instruments and a good understanding of climate-related concepts and practices. This level of experience is necessary to ensure that the officer can effectively contribute to the WBG's mission and objectives.

Languages:
The mandatory language for this position is English, as it is the primary language of communication within the World Bank Group. Additionally, proficiency in French is preferred, which would be beneficial for engaging with stakeholders in French-speaking regions and enhancing collaboration across diverse teams.

Additional Notes:
This position is a local recruitment role with a term duration of 3 years. However, if the successful candidate is based in Washington, D.C., the appointment will be treated as international recruitment, and the applicable Staff Rules and benefits package for internationally recruited staff will apply. 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 candidates regardless of gender, race, ethnicity, or disability.