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Job Description
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 leverages its capital, expertise, and influence to create markets and opportunities, with a mission to end extreme poverty and boost shared prosperity on a livable planet. IFC employs a diverse workforce dedicated to fostering sustainableeconomic growth and development.
Job Overview: The Regional Industry Manager (RIM) position at IFC is a pivotal role responsible for overseeing the infrastructure, energy, mining, municipal, and digital investment activities in the Middle East, Pakistan, and Afghanistan (MEPA) region. The RIM will be based in Dubai and will report directly to the Regional Industry Head for INR in the MCT region. This role encompasses leading business development efforts, managing transaction processes, and overseeing a substantial portfolio of approximately $1.3 billion in committed assets. The RIM will coordinate with various stakeholders within IFC, including Regional Directors and Country Managers, to ensure the effective execution of investment strategies. The position requires a strategic mindset to develop and implement investment strategies that align with IFC's goals and the specific needs of the MEPA region, focusing on high-impact projects that drive sustainable development.
Duties and Responsibilities: The duties and responsibilities of the Regional Industry Manager include leading and managing a team of approximately 15 investment staff, ensuring high performance and motivation within the team. The RIM will mentor and develop staff, providing oversight in administrative and HR management. A key responsibility is to develop the strategy for IFC's INR investment activities in the MEPA region, collaborating with regional and industry management to set business goals. The RIM will build and maintain relationships with clients, lead business development efforts, and manage client satisfaction and program delivery. Additionally, the RIM will oversee the profitability of the INR business, manage transaction processes, and ensure compliance with IFC's financial and operational standards. The role also involves monitoring the risk of the debt portfolio, managing equity assets, and contributing to the regional leadership team.
Required Qualifications: Candidates for the Regional Industry Manager position must possess a Master's degree in business, finance, or a related field, along with a minimum of 12 years of relevant experience in financing or investing in the real sector, particularly in infrastructure and manufacturing sectors. Proven experience in managing and developing teams is essential, along with strong leadership and communication skills. The ideal candidate should have a track record of sourcing and structuring complex investment transactions and developing client relationships. A strategic mindset, innovative problem-solving abilities, and sound knowledge of portfolio management are also required.
Educational Background: The educational background required for this position includes a Master's degree in business, finance, or an equivalent qualification. This advanced education is crucial for understanding the complexities of investment management and analysis" style="border-bottom: 1px dotted #007bff !important;">financial analysis necessary for the role.
Experience: The position requires a minimum of 12 years of relevant experience in financing or investing, particularly in sectors such as infrastructure, manufacturing, agribusiness, and services. Candidates should have demonstrated experience in managing teams and developing client relationships, as well as a strong background in portfolio management and investment transactions.
Languages: The mandatory language for this position is English, which is essential for communication within the organization and with clients. Additionally, proficiency in Arabic is preferred, as it would enhance the ability to engage with stakeholders in the MEPA region effectively.
Additional Notes: This position is an international recruitment opportunity with a term duration of 4 years. The role is full-time and based in Dubai, United Arab Emirates. 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 opportunities for all employees regardless of gender, religion, race, ethnicity, sexual orientation, or disability.
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