Regional Industry Director, FIG, LAC

Job Posting Organization:
The International Finance Corporation (IFC) is a member of the World Bank Group (WBG) 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 leverages its capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71 billion to private companies and financial institutions in developing countries, aiming to mobilize private capital and create a world free of poverty on a livable planet. For more information about IFC's mission and operations, visit www.ifc.org.

Job Overview:
The Regional Industry Director (RID) for the Financial Institutions Group (FIG) is a pivotal leadership role within the IFC, based in Bogotá, Colombia. The RID will oversee FIG activities across Latin America and the Caribbean, requiring a blend of leadership, management skills, and technical expertise. This role involves engaging with various sub-sectors such as Banking, Microfinance, Insurance, Capital Markets, Housing, Distressed Assets, and Global Trade Finance. The RID will focus on critical themes including job creation, support for micro, small, and medium enterprises (MSMEs/SMEs), gender equality, climate change, and other areas, delivering both investment and advisory services to clients through IFC's extensive global network. The position entails managing key client and government relationships, overseeing operations, and driving the business towards achieving IFC's strategic objectives. The RID will report directly to the Regional Vice President for Latin America & the Caribbean and Europe and will be an integral part of the Core Leadership Team for the Regional Vice Presidency.

Duties and Responsibilities:
The duties and responsibilities of the Regional Industry Director include, but are not limited to:

• Developing and implementing the FIG strategy and priorities in the region in collaboration with Division Directors, Country Managers, and other Regional Industry Directors, focusing on business growth, profitability, and sustainable developmental impact.
• Leading and expanding the overall FIG business in the region, ensuring that origination and portfolio oversight are financially sound, profitable, and impactful.
• Strategically positioning the FIG business in Latin America and Europe by developing country strategies in collaboration with the Regional Vice President and other Industry Regional Directors.
• Chairing Investment Review Meetings and making decisions on IFC investments in the region.
• Overseeing Upstream and Advisory engagements for FIG in the region.
• Contributing to the execution of the FIG regional equity strategy in partnership with the Senior Manager of Equity, FIG.
• Collaborating with IBRD/IDA and MIGA to develop regional sector strategies.
• Working closely with the Knowledge Bank, Treasury teams, and other WBG partners to develop and disseminate knowledge products and best practices, leveraging data and analytics to inform strategy and client engagement.
• Designing and implementing a strategy for business development and ensuring proactive client and FIG portfolio management in the region. 1
• Representing IFC to key clients and stakeholders, building and maintaining long-term relationships with public sector institutions, multilateral development banks (MDBs), donors, and investors. 1
• Collaborating with other World Bank Group entities to identify opportunities for joint ventures, resource mobilization, partnerships, and knowledge transfer.

Required Qualifications:
The position requires a master’s degree or equivalent professional qualification in economics, finance, or business, along with at least 15 years of relevant experience. Candidates must demonstrate a commitment to the World Bank Group and IFC's mission, strategy, and values. A proven track record of business delivery, investment experience, and superior business judgment is essential, along with professional credibility across financial sector institutions and markets. Strong knowledge of capital markets and experience leading investment decision processes, including credit, legal, and environmental and social (E&S) issues, are also required. Excellent written and verbal communication skills in English and Spanish are mandatory, along with strong interpersonal skills and the ability to work collaboratively with diverse teams and stakeholders.

Educational Background:
Candidates must possess a master’s degree or equivalent professional qualification in a relevant field such as economics, finance, or business. This educational background is crucial for understanding the complexities of financial institutions and the economic landscape in which they operate.

Experience:
The ideal candidate should have at least 15 years of relevant experience in the financial sector, demonstrating a strong background in investment and business development. Experience in leading large teams and managing complex projects in dynamic, multicultural environments is essential. Proven ability to deliver results under tight deadlines and in high-pressure situations is also required.

Languages:
Fluency in English is mandatory, while proficiency in Spanish is preferred. The ability to communicate effectively in both languages is crucial for engaging with clients and stakeholders across the region.

Additional Notes:
This position is an international recruitment opportunity with a term duration of 4 years. The role is classified at the GI grade level within the organization. The World Bank Group offers a comprehensive benefits package, 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 opportunity for all applicants regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.