Job Vacancies at International Finance Corporation (IFC)

We are recruiting to fill the following positions below:

1.) Operations Officer

Job Code: req23468
Job Location: Lagos
Employment Type: Full time
Sector: Operations
Grade: GF
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment

Duties And Accountabilities

• The Operations Officer’s role is to support MAS Africa Managers in coordinate middle office functions, including shared service, resources management and knowledge management. He/ She will work closely with the MAS Africa Managers to achieve operational excellence, business excellence and knowledge excellence.

Responsibilities 
The key responsibilities will include the following:

Shared-Services Operations:

• Supporting coordination of business planning, pipeline & portfolio, process improvement, project governance, quality of client materials and management reporting.
• Production of management information and data to support effective business management and decision taking. Promote continual process and data management improvement.
• Coordinate project supervision cycle and work with PLs to oversee the submission of PSRs/PCRs/Donor reports within the deadline stipulated by the project governance framework.
• Undertake periodic analysis and tailored reporting for management and coordinate the reporting to management team, including reporting on business performance, pipeline, etc.
• Coordinate portfolio management & operational reporting through regular standardized and ad hoc reporting on key performance indicators related to funding, clients, results, financials, etc.
• Support on the development of monitoring and supervision tools and trackers to oversee the project management process, pipeline, and portfolio management.

Resource Management Operations:

• Supporting setting of business strategy and priorities, financial sustainability including fundraising, deployment of human and financial resources.
• Oversee accuracy and quality of data and information as input to business unit and regional budgeting and strategic exercises, ensuring alignment to MAS and IFC strategic priorities.
• Maintain oversight of unidentified funding requirements for MAS Asia pipeline and portfolio of projects and available sources of funds, and related data reporting.
• Coordinate with regional donor partnerships team and MAS Advisory leads to support donor partnerships and fundraising efforts.
• Coordinate annual review of contingent staffing pool and maintain reporting and management information on of use of consultants.

Knowledge Management Operations:

• Coordinating knowledge and communications activities for business unit, overseeing knowledge office, and promoting MAS as knowledge leader.
• Support efforts to strengthen internal and external branding, including through webinars and events, publications, social media etc.; to promote IFC and project effectiveness & development impact.
• Engage with regional and global communications and knowledge management staff as required, to promote MAS work program.
• Maintain tools and resources and collaborate on planning to support project teams to engage in knowledge and communications activities.

Upstream & Advisory Project Management:

• Participate in business development and project implementation for clients in the manufacturing, agribusiness, and services sectors across the region.

Selection Criteria

• The successful candidate should have relevant experience and leadership supporting operational business management, project governance and resourcing.

The required qualifications and skills include:

• Master’s Degree or equivalent professional experience in Business Management, Business Administration, Finance or Economics.
• 8+ years of working experience in business consulting or business management in a relevant sector.
• Ability to think strategically, combined with excellent research, synthesis, and writing skills; ability to communicate ideas clearly, confidently, and credibly.
• Strong analytical skills and attention to detail; ability to oversee multiple complex management and data reporting responsibilities.
• Team leadership and coordination experience.
• Credibility and seniority to work effectively with and engage multiple stakeholders across matrixed business unit.

Application Closing Date: 21st August, 2023.

Click here to apply online

2.) Investment Officer

Requisition ID: req23583
Job Location: Lagos
Sector: Health
Employment Category: Regular
Employment Type: Full-Time
Grade: GG

Job Description

• IFC is seeking an Investment Officer to join the Infrastructure Upstream team to be based in Lagos, Nigeria.
• The selected candidate will focus on supporting the development of a high-quality Upstream pipeline in the Africa region.
• S/he will also support the identification of possible regulatory or policy obstacles that may be considered for other interventions across the World Bank Group to prioritize various initiatives and to maximize the impact of Upstream efforts.

Duties and Accountabilities

• Support the identification and assessment of Upstream opportunities based on country and sector strategies and market creation potential.
• Contribute to the development of feasibility studies and implementation plans for Upstream projects that lead to IFC investments.
• Assist in designing and implementing scalable solutions and platforms similar to “Scaling Solar” that can be replicated across markets.
• Help spot game-changing trends, technologies and business models that can bring solutions to emerging markets.
• Produce regular reports on the assigned Upstream portfolio including monitoring progress against project milestones and KPIs.
• Contribute to sector-specific data analysis and stress-testing of various operating models to help generate ideas for new projects, new products and platform businesses.

Selection Criteria

• Master’s in Business Administration or Finance, or a Master’s degree or equivalent professional qualification in Economics, International Relations, Science, Engineering, or other relevant field, in each case with a significant level of finance content.
• 8-10 years of relevant experience in project and/or program development, hands-on advisory and/or consulting functions in emerging markets, ideally in the infrastructure space.
• Familiarity with the Africa region, including hands-on work across different countries in the region.
• Genuine commitment to development and to the World Bank Group and IFC's mission, strategy and values.
• Ability to engage with private sector clients, local and national governments and other stakeholders to encourage pioneering business and market development.
• Experience in project/program management, including executing against implementation plans with defined business development milestones.
• Experience in monitoring and reporting on a portfolio of projects/programs/initiatives.
• Understanding of IFC’s strategic priorities and changing business model against the backdrop of IFC 3.0.
• Capacity to innovate and challenge the status quo and experience in new idea generation, business development, and creating projects/programs from scratch.
• Understanding of the relevant sector and ability to link policy reforms, advisory interventions, investment, and mobilization to deliver solutions at a country level via the Cascade approach.
• Outstanding analytical and critical thinking skills.
• Strong written and verbal communications skills in English required; French, Portuguese and/or Arabic desirable.

Application Closing Date: 21st August, 2023.

Click here to apply online

3.) Senior Economist

Job Code: req23625
Job Location: Lagos
Employment Type: Full time
Sector: Economics
Grade: GG
Term Duration: 3 years 0 months
Recruitment Type: International Recruitment

Description
IFC Africa Vice-Presidency (CAF) leads the mobilization of private sector investment in Africa. Over nearly six decades, IFC has invested more than $25 billion in African businesses and financial institutions. We are a leading provider of advice to promote a sustainable private sector and mobilize capital from other investors who invest alongside IFC in critical sectors for Africa’s future.

CAF’s Regional Economics team (CAFCE) supports the Africa region through provision of country economic diagnostics, strategy, and engagement products as well as through direct support to operational teams and country units, in collaboration with economists throughout the World Bank Group. Specifically, the team has three principal functions:

Diagnostics and strategy: Contribute/ Lead country private sector diagnostics (CPSDs), country climate development reports (CCDRs), IFC country strategies and the full range of WBG country engagement products: Performance Learning Reviews (PLRs), Systematic Country Diagnostics (SCDs), and Country Partnership Frameworks (CPFs) in collaboration with IFC Operations and partners in the World Bank Group.

Support to operations: Support regional operations by reviewing the economic, development and strategic impact of IFC operations, as well as contributing to the economic analysis of project documents, board papers, regional / country briefs, etc.; monitor and support the implementation of CPSD recommendations: sectoral deep dives and policy reforms implementation.

Analytics: Conduct in-depth analytics on specific themes relevant to private sector development at the country or regional level.

CAFCE is hiring a Senior Country Economist to be based in Lagos, Nigeria working closely with IFC country, industry, and upstream teams in select countries in Central and West Africa. The Senior Economist will report to the Regional Economics Manager in CAFCE.

Duties & Accountabilities
The team is looking for a Senior Economist, to be based in Lagos, Nigeria to lead the CAFCE work program contributions in the Central and Anglophone West Africa sub-region, working closely with the respective country, industry, and advisory teams on the ground. This will include:

• Lead the monitoring of macro-economic conditions and trends for countries in a designated IFC country cluster within the sub-region, and advise the IFC Regional Director, Country Manager, and operational teams on its impact on IFC operations. Help identify macro-economic risks to IFC investments and strategies to mitigate them.
• Lead, review, coordinate macro-economic analysis to support IFC investment operations including due diligence. Draft and peer review relevant sections of IFC Board papers including country context and strategic fit.
• Provide intellectual and technical leadership on topics of economic or strategic relevance to IFC, and produce policy and technical notes, briefs, presentations, and country reports for as requested by country management.
• Lead, contribute, and review Country Private Sector Diagnostics, Country Climate Development Reports, and provide IFC input to WBG Country Engagement products, including Country Partnership Frameworks, Progress and Learning Reviews and other joint initiatives.
• Serve as liaison with local and HQ World Bank teams (esp. CMU, EFI), IMF, and other development partners on the ground as well as client governments to help ensure that IFC engagements are aligned with WBG strategies and government development strategies.
• Lead the support for IFC Country Manager and teams in the country cluster to develop IFC country strategies/ strategy updates to help maximize IFC development impact.
• Support the development of industry strategies in the region. Monitor and support the implementation of Country Private Sector Diagnostic recommendations, sectoral deep dives, and policy reform implementation.
• Facilitate interaction and exchange of expertise and knowledge with the broader IFC Economics VPU and CAF Region. Lead on analytical work / research on selected topics that inform IFC country programs and strategies as well overall PSD research agenda.
• Mentor and support junior colleagues with technical and professional leadership.

Selection Criteria

• Master's or Ph.D. Degree in Economics / International Development / Public Policy or Business / Finance, with strong grounding in economics both from academic and practical experience perspective with a minimum of 10+ years (PhD with 7+ years) of relevant professional experience.
• Solid understanding of IFC project cycles, approval/decision processes, and key drivers of IFC business decision making as well as knowledge and understanding of key IFC/WBG products and instruments and how they are deployed to pursue private sector development and country engagement.
• Experience in and strong knowledge of the economic context and challenges of countries in Africa.
• Strong analytical skills in macroeconomic, fiscal, trade policy and growth analysis, including related to climate change.
• Demonstrated leadership in applying economic theory and concepts, and to contribute to discussions with internal clients on topics of economic or strategic relevance.
• Demonstrated leadership qualities, initiative, and results orientation, with effective teamwork and mentoring skills.
• Excellent written and verbal communication skills and ability to communicate effectively with high level stakeholders in English (French and Portuguese desirable).

Application Closing Date: 3rd August, 2023.

Click here to apply online