Upstream Associate/Officer - Manufacturing, Agribusiness and Services, Europe and Central Asia
International Finance Corporation (IFC)
Close on 5 Jun 2020
Location: Tashkent (Uzbekistan)
Grade: GF, Entry Professional
B Hardship
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Added 4 days ago
Job Description

Description

IFC—a sister organization of the World Bank and 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 2019, we invested more than $19 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org

IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity, especially in Low Income Countries (LICs) and Fragile and Conflict affected Situations (FCS). This strategy calls for generating our own opportunities by proactively working “Upstream” to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries, and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. It also requires capacity to leverage WBG programs and projects to develop our own proactive sector interventions and to imagine and design projects even in the absence of reforms.

IFC is seeking an Investment Associate/Officer or Associate/Operations Officer for Upstream with expertise in the manufacturing and services sectors. The selected candidate will focus on supporting the development of high-quality Upstream pipeline in the ECA region under the supervision of the Regional Industry 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.

Role & Responsibilities:

The roles and responsibilities of the position will include but not be limited to:

  • 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.
  • Work with the World Bank to analyze sector and regulatory reforms that are needed to unlock opportunities for private investment.

Selection Criteria

  • Master's degree or equivalent professional qualification in Business, Finance, Economics, International Relations, Science, Engineering, or other relevant field.
  • At least 5 years of relevant experience in project and/or program development, producing feasibility studies, hands-on advisory and/or consulting functions in emerging markets.
  • Genuine commitment to development and to the World Bank Group and IFC's mission, strategy and values.
  • 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.
  • 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.
  • Outstanding analytical and critical thinking skills.
  • Strong written and verbal communications skills in English, Uzbek and Russian.

Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.

About IFC

The International Finance Corporation is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in developing countries.

IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused exclusively on the private sector in developing countries. The Bank Group has set two goals for the world to achieve by 2030: end extreme poverty and promote shared prosperity in every country.

IFC leverages its products and services—as well as products and services of other institutions across the World Bank Group—to create markets that address the biggest development challenges of our time. 

IFC is a leading mobilizer of third-party resources for projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources.