Result Measurement Specialist, Disruptive Technology and Funds
International Finance Corporation (IFC)
Close on 20 Aug 2020
Location: United States
Grade: GF, Entry Professional
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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

The Economics and Private Sector Development Vice Presidency (CEDVP) is responsible for identifying and delivering on private sector diagnostic needs, including developing rigorous sector economic analyses and an ex-ante project assessment framework to help guide project selection, complementing our expertise in supporting and monitoring project implementation; as well as identifying and strategically driving policy engagements that create and grow new markets for the private sector.

The Sector Economics and Development Impact Department (CSE), part of CEDVP, analyzes economic sectors with a view to identifying opportunities and solutions for private sector development, and works closely with IFC Operations in formulating sector priorities and strategies. The department is in charge of fully developing and implementing the ex-ante project assessment framework (Anticipated Impact Measurement and Monitoring- AIMM) for investment and advisory projects throughout the project cycle, help ensure high-quality economic support for IFC operations teams on strategies and projects; and develop sector economic analyses with a focus on solutions for private sector development.

The CSE Disruptive Technology and Funds team (CSE CDF) is in charge of implementing CSE mandates and deliverables described above in relation to sectors that comprise Private Equity Funds and Disruptive Technology Investment. This includes implementing the ex-ante project assessment framework for investment and advisory projects throughout the project cycle, monitoring and evaluating impact of both investments and advisory projects, help ensure high-quality economic support for IFC CDF teams on strategies and projects, and develop sector economic analyses with a focus on solutions for private sector development. These activities will support operations done by CDF teams to deliver equity investments that support growing enterprises across emerging markets, and the digital services required to support the development of a Digital Economy.

The Unit is looking for a Results Measurement (RM) Specialist with proven experience and knowledge of the Equity Funds and Venture Capital industry to provide result measurement support to measure and assess the impact of Investment and Advisory Projects. The RM Specialist will ensure consistent application of standard impact measurement and monitoring frameworks, help generate relevant lessons learned and support staff incorporate such lessons into project design, provide technical support and program quality leadership to donor funded facilities, and contribute to evaluative work beyond the project lifecycle. S/he will work in close collaboration with the Staff of the CDF Operations team.

Role & Responsibilities

• Actively support the monitoring of development impacts of projects in the Disruptive Technology and Funds sectors – by designing and managing IFC’s impacts measurement database; and liaise with CDF Portfolio teams to support and integrate data collection from investee companies, and analyze and interpret such data.

• Work with investment and advisory teams in the CDF portfolio to ensure consistent understanding and application of standard impact measurement and monitoring frameworks and methods throughout the project lifecycle – with a focus on supporting portfolio monitoring activities.

• Articulate and measure the economic impacts of projects in the Disruptive Technology and Funds sectors - including working with IFC’s Investment Officers to collect and analyze project data, apply the appropriate frameworks on the basis of data and research, create narratives that support the articulation of project impacts, and rate projects.

• Undertake analytical work in the Equity funds and Venture Capital space based on rigorous applied economics in collaboration with CDF teams to inform sector/country strategies and operational decisions.

• Design, commission and conduct evaluations for enabling a better understanding of impact, thus shape continuous improvement of results measurement work by providing feedback and best practices to Sector Economics and Regional Departments.

• Provide M&E inputs to donor proposals, and lead quality assurance and reporting of results internally and externally to donors.

• Represent CSE CDF in Result Measurement internal and external working groups, activities and events.

Selection Criteria

• A post-graduate degree (minimum Master’s level) in economics/finance/business/ public policy from a reputable university.

• At least 7 years of relevant results measurement as well as sector experience (Equity Funds, Venture Capital, Disruptive Technology) demonstrating analytical skills in results measurement.

• Experience pertaining to results measurement analysis of Equity Funds, Venture Investing and Disruptive Technology is essential. This includes understanding of sector dynamics, emerging trends, development impacts; familiarity with sector literature, and with sector databases and other sources of information.

• Ability to apply M&E approaches, methods, tools, and terminology of development impact to ex-ante assessments, monitoring and ex-posts evaluations. Knowledge of IFC’s Anticipated Measurement and Monitoring system is a plus.

• Experience in the private sector (e.g. investment banking, equity funds, funds industry associations, consulting firms) in areas pertaining to Equity Funds is highly desirable. Prior work experience focusing on Equity Funds in a Development Finance Institution (DFI) is also desirable.

• Knowledge of advance analytics tools to manage large databases and of trends in disruptive technology techniques (AI, Big Data, Machine Learning) are a strong plus.
Strong analytical and quantitative skills with demonstrated ability to use statistical methods and interpret economic models.

• Proven capability to handle complex assignments (e.g. project related or analytical tasks with operational relevance) and produce analytical work to a high professional standard, with minimum supervision.

• Ability to train staff on results measurement, particularly on data quality assurance and reporting of results in line with corporate guidelines and standard impact measurement and monitoring frameworks.

• Proven ability to work in teams and capability to work in multi-cultural environments.

• Proven capability to handle work to a high professional standard under pressure.

• Excellent written and verbal communication skills and ability to communicate effectively with different stakeholders.

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.