Operations Officer : IFC
Operations Officer at IFC – International Finance Corporation, Bangladesh
Investment Analyst at IFC – International Finance Corporation has recently published a job circular for the position of Operations Officer.
Operations Officer
| Job #: | req17933 |
| Organization: | IFC |
| Sector: | Upstream |
| Grade: | GG |
| Term Duration: | 3 years 0 months |
| Recruitment Type: | Local Recruitment |
| Location: | Dhaka,Bangladesh |
| Required Language(s): | English |
| Preferred Language(s): | Bangla |
| Closing Date: | 6/22/2022 (MM/DD/YYYY) at 11:59pm UTC |
About the job
IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org
IFC continues to expand its traditional roles of advisory services and investment operations, IFC has embarked on an ambitious growth strategy (IFC 3.0) to stimulate more investment activity. This strategy calls for generating opportunities by proactively working “Upstream” (i.e. prior to and/ or in anticipation of a project or investment), to create, deepen, and expand markets and to imagine, design, unblock and implement investment projects. It requires taking a systematic approach to identifying investment opportunities (at project and program level) and supporting development and investment of those opportunities with the private sector, as well as identifying and managing regulatory and policy bottlenecks that prevent the flow of private capital into markets and opportunities, through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level.
The Infrastructure and Natural Resources (INR) business line provides financing solutions to clients focused on the power, transport, telecoms and municipal and environmental infrastructure sectors. IFC is seeking an Operations/ Investment Officer for its INR upstream team, with expertise in one or more of these infrastructure sectors. The selected candidate will focus on developing a high-quality Upstream pipeline for INR in Bangladesh and support development of the INR upstream pipeline elsewhere in Asia Pacific, under the supervision of the Regional Upstream Lead. S/he will also support policy work and other interventions across the World Bank Group to prioritize various initiatives and to maximize the impact of Upstream efforts.
Duties and Accountabilities:
- Participate in sourcing projects and initiatives by engaging with the private sector and officials in WBG, governments, other development organizations, and by uncovering needs through strategic analysis, including IFC country strategies and WBG strategies.
- Connect expertise from investment and advisory staff, and external partners to projects and initiatives.
- Collaborate with private sector partners to develop projects and programs.
- Lead and monitor projects, ensuring results are properly tracked and supporting materials properly filed.
- Support the regional upstream lead and other senior team members in the development of a fundraising strategy and donor outreach.
- Take an active role in knowledge management, coordinating with global and regional teams, including preparation of specific knowledge products, pitch books and proposals for both advisory and investment clients and case studies.
- Speak and represent IFC at external events.
- Active team player, mentor to junior staff.
Selection Criteria:
- Master’s degree in a related field and at least 8–12 years of relevant experience. Related fields of education include business, finance, or economics or an area of expertise specific to a sector, subject matter, or industry specialty. Relevant experience could include a proven track record in business consulting or investment banking, or developer or operational experience in the sector or technical or professional field.
- Has a reputation for listening carefully to clients and stakeholders and asking targeted questions to understand their needs and determine the viability of a business opportunity.
- Ability to build long-term engagement with clients and credibility by demonstrating knowledge of their business, sector, and culture; maintain an ongoing dialogue on their business needs, operations, and strategies as well as opportunities for strategically aligned business deals.
- Ability to maintain client engagement during portfolio stage to identify growth opportunities, address emerging problems, and focus on actions that promote sustainability and ensure that overall development impact objectives are met.
- IFC/WBG: Ability to interact effectively with working level WBG staff and participate in collaborative interventions or /projects that enable private sector investment by exercising sensitivity to differences in corporate cultures, priorities, and operating practices and /requirements.
- Public Sector: Ability to participate and constructively contribute in meetings with mid-level government officials on constraints to private sector investment in their countries and opportunities for private sector participation, public private partnerships and asset monetization.
- Public Sector: Ability to understand the political context and mindset of government officials to connect their interests with what it would take to create a business climate and incentives for private sector investment in their countries.
- IFC/WBG: Ability to interact effectively with working level WBG staff and participate in collaborative interventions or /projects that enable private sector investment by exercising sensitivity to differences in corporate cultures, priorities, and operating practices and /requirements.
Languages
- Fluency in English, both verbal and written skills.
- Proficiency in Bengali is preferred.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC, including our values and inspiring stories.
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Job Source: World Bank Career
