• Jobs at The International Finance Corporation (IFC)

  • Posted on: 15 October, 2015 Deadline: 28 October, 2015
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  • The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries, It is committed to financing private sector businesses in emerging markets, mobilizing capital in the international finance markets, helping clients improve social and environmental sustainability and providing advisory services to governments and businesses.

    Team Assistant

     

    Background / General description:

    The International Finance Corporation (IFC) Lagos, Nigeria is seeking to recruit a suitably qualified candidate for the post of Team Assistant.

    Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3 year term appointment.

    Duties and Accountabilities:

    • The Team Assistant will carry out the full range of office support work, including managing processes and monitoring schedules related to their team’s/unit’s products and tasks. They typically report to an Office Administrator, Executive Assistant or Office Manager and initially work under close supervision and guidance. They coordinate extensively with service units and liaise frequently with team members both at headquarters and in the field, as well as external counterparts. TAs may also be assigned responsibility for some aspect of the unit’s administrative functions.
    • Draft routine correspondence, a variety of standard documents and proofread materials in English, applying effective proofreading and grammar skills
    • Incorporates agreed comments into documents, making full use of shared drives and software capabilities
    • Uses word processing or desktop publishing skills to produce complex text, reports, figures, graphs, etc., according to standard Bank formats and distribution
    • Coordinates schedules taking priorities into account, monitors changes, and communicates the information to appropriate staff, inside and outside the immediate work unit, including officials outside the Bank Group
    • Solves non-routine problems (e.g., responds to requests requiring file search, etc.).
    • Assists in the preparation and logistical planning for various events, e.g. conferences, workshops, negotiations, functions etc
    • In conjunction with and under guidance from staff in a specific discipline (i.e., Resource Mangaement, etc.) monitor specific activities, (i.e., task budget, etc.) within their teams or clusters
    • Tracks assisgned task/project steps/timetables, coordinates with relevant staff and provides assistance and/or information on project-related matters
    • Maintains current distribution lists, phone/address lists of project/product contacts, and distributes documents for the team
    • Maintains up-to-date work unit project and other files (both paper and electronic)
    • Coordinate extensively with other departments and liaise frequently with team members in different regions
    • Act as back-up for colleagues as determined by primary supervisor
    • Participate in mission field work as required

    Selection Criteria:

    • Minimum Bachelor’s or equivalent degree
    • 4 - 5 years’ work experience

    Essential specialized skills, knowledge & competencies

    •Technology and systems knowledge – Demonstrates advanced knowledge and experience working with Microsoft office applications (Excel, PowerPoint, Word, etc.). Has ability and willingness to maintain up-to-date knowledge and skills in technology.
    •Project and task management – Exhibits good organizational, problem-solving skills and ability to work competently with minimal supervision. Demonstrates attention to detail and quality. Has ability to manage multiple tasks and complete tasks within agreed schedule.
    • Institutional policies, processes and procedures – Demonstrates knowledge of own department’s programs and products, knows key players, understands own role. Displays understanding of WB policies and procedures relevant to the area of assigned responsibilities and is able to apply/implement them.
    • Versatility and adaptability – Demonstrates flexibility and is receptive to the implementation of new solutions. Is willing to stretch own capability. Demonstrates motivation to avail and adapt oneself to effecting change.
    • Client Orientation – Exhibits positive and professional client service attitude; is able to understand clients’ needs and complete them professionally.
    • Drive for Results – Takes personal ownership and accountability to meet deadlines and achieve agreed-upon results, and has the personal organization to do so.
    • Teamwork (Collaboration) and Inclusion – Collaborates with other team members and contributes productively to the team’s work and output, demonstrating respect for different points of view.
    • Knowledge, Learning and Communication – Has good knowledge of official unit’s language (s). Able to write clearly, edit and proofread draft communications. Able to learn and share knowledge/information across the unit.
    • Business Judgement and Analytical Decision Making – Able to manage information and support retention and disposition of information and records. Can search, report, and deliver basic information from various sources and independently respond to basic inquiries.

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    Investment Officer / Senior Investment Officer

     

    Background / General description:
    The International Finance Corporation (IFC), a member of the World Bank Group, creates opportunity for people to escape poverty and improve their lives. IFC fosters sustainable economic growth in developing countries by supporting private sector development, mobilizing private capital, and providing advisory and risk mitigation services to businesses and governments. For more information, please visit www.ifc.org.

    The IFC Lagos Office is looking to recruit an experienced Investment Officer/Senior Investment Officer (IO/SIO) for its team. Reporting to the Country Manager of the IFC Lagos office, IO/SIO will serve as a key counterpart to the IBRD/IDA on areas of joint collaboration and will be responsible for leading certain aspects of the IFC Investment and Advisory Services program in the country along with business development and relationship management with key stakeholders. In particular, the IO/SIO will spend a significant amount of time supporting the Public Private Partnerships Department which provides advisory assistance, primarily to governments, on Private-Sector Participation (PPP) in infrastructure and other public services, as well as the restructuring of state-owned enterprises. The services help to establish Public-Private Partnerships through which governments can obtain increased services under budget constraints while benefiting from private sector expertise, management, and finance. This involves intensive relationship management with government, business representatives and World Bank Group stakeholders. The position involves frequent regional and some international travels.

    Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 5 year term appointment.

    Duties and Accountabilities:
    These will include but not be limited to:

    Stakeholder management

    • Represent IFC vis-a-vis the Government (federal and state level), donor and business community. Maintain strong relationships with key ministries, agencies, and business community. Ensure that the Government, international and business community have awareness of IFC’s products and value addition, including investment and advisory products and the standards and requirements.
    • In cooperation with regional management and regional strategist, support development and execution of the WBG country strategy. Report on IFC activities in the country for management.
    • Develop partnership with WB Country Office and relevant project teams to achieve WBG country goals, including input on Private Sector Development. Identify and encourage opportunities for cooperation within WBG.
    • Lead business development for investment projects, engage in project financial analysis with investment teams as an integral member for investment and support portfolio teams for the life of the project. Participate in missions, concept review meetings, and appraisal of projects.
    • Liaise with IFC investment teams to monitor progress and performance of projects and to solve potential problems. Identify and help address key country and sponsor reputational risks.

    Transaction execution

    • Oversee less experienced staff on project teams, ensuring quality execution, good client service, and development of staff;
    • Assist in the design of TOR for specialized consultant support to project teams, and in the selection and management of consultants;
    • Lead technical, legal, regulatory, financial and commercial assessment of advisory transactions;
    • Participate and lead in the structuring of alternative solutions for client governments, which sustainably balance the needs of commercial investors and operators with the client’s public policy objectives;
    • Manage the drafting and negotiation of contractual and bidding documents such as concession agreements, shareholder agreements, etc.
    • Lead the marketing of the transaction to potential investors;
    • Manage the execution of competitive, transparent tender processes, and the resultant finalization of contractual agreements between investors and client governments;

    Leadership

    • Meet individual business objectives and support the department meeting IFC’s business objectives;
    • Support the recruiting, learning and career development of less experienced staff;
    • Play a strong role in managing sectoral and business know-how to help IFC maintain high-quality global service to its PPP clients;
    • Assist the managers in further strengthening the IFC business.

    Office Operations

    • Oversee gathering of information on sectors, trends, and terms of domestic and international investment.
    • Support development of overall country office communications strategy.
    • Backstop the Country Manager’s role in maintaining responsibility for all office administration, security, business continuity, and country office funds for the IFC office. Participation in UN Security Management Team.

    Selection Criteria:

    • MBA or equivalent qualification;
    • At least 8-years experience in business consulting, project finance and/or infrastructure economics, with good knowledge, networks and proven credibility in the Sub Saharan African business community and governmental organisations and institutions;
    • Strong networks that will enable the candidate to quickly generate constructive relationships within government;
    • Deep understanding of infrastructure trends and key issues, and experience in working with different infrastructure sub-sectors;
    • Experience working in public sector or extensively on public sector projects a plus
    • Experience and familiarity with regulatory, pricing, and other public policy issues related to infrastructure;
    • Understanding of concession design and other risk allocation & mitigation structures;
    • Understanding of public-private partnerships (PPPs) and different structures for engaging the private participation in the delivery of infrastructure services;
    • Strong financial modelling skills;
    • Excellent communication skills in English, both in written and oral; ability to convey ideas and positions clearly; Communication skills in French is desirable;
    • Strong experience in the design, implementation and successful closing of transactions;
    • Motivated and enthusiastic about the opportunities and challenges of working in Sub Saharan Africa to achieve sustainable development.

    Method of Application

    Interested and suitably qualified candidates should click on preffered job titles to apply online.

           
           

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