What are the responsibilities and job description for the Short-term Consultant - Associate Operations Officer position at IFC - International Finance Corporation?
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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
IFC’s Country Advisory and Economics (CAE) Unit delivers on IFC’s capital increase commitments by providing a foundation for IFC to increase private sector investment opportunities. CAE addresses key reform asks in IFC country strategies, complementing World Bank efforts, while strengthening IFC's relationships with client countries in support of the IFC 3.0 Strategy. Specifically, CAE works proactively with governments and regulatory agencies to create effective and efficient market conditions, both at economy wide as well as industry/sector level, for increased private investments. Our global experience shows that challenges in the business environment and lack of the right enabling regulatory framework results in countries losing significant amounts of investment annually. The unit collaborates extensively with the public sector, private sector, and other teams across the World Bank Group in the design and delivery of advisory services.
IFC’s focus on Latin America and the Caribbean is on promoting Inclusive Growth, Competitiveness, and Innovation, Regional and Global Integration, and Climate Change. CAE currently operates across the Latin America and the Caribbean region, with an active portfolio in Brazil, Colombia, Dominican Republic, El Salvador, Eastern Caribbean States, Guatemala, Haiti, Honduras, Jamaica, Paraguay, and Peru.
Roles and Responsibilities:
The Short-Term Consultant (STC) will serve for the Central America Sustainable Banking project as a Portfolio Associate in the CAE LAC team. He/she will work closely with the Project Leader providing technical and operational support for the implementation of the project. In this respect, the focus will be to ensure the project management processes.
CAE Portfolio:
• Initial Portfolio contact for CAE Advisory, to provide support/guidance around project structuring, compliance, quality review and preparation for approval meetings.
• Manage the corporate Supervision cycle for the project. Coordinate with the different stakeholders and ensure the latest guidance are included. Improve supervision process.
• Strengthen CAE Advisory portfolio supervision quality of and course correction by building the PSR for the project. Ensure timely completion of PSRs, advising teams on timelines and governance grace period/thresholds, informing project restructuring considerations, and
• Collaborate on follow ups with Partnerships, Finance, Results Measurement (M&E) and other corporate support functions as needed to maintain good health of the project.
• Support peer to peer knowledge exchange sessions.
• Responsible for developing an in-depth knowledge of the projects within the portfolio to take the lead in preparing requests related to the program and validating them with different team members and sources to adequately represent the business line panorama (i.e.: donor reports, internal newsletters communications, quarterly reports)
• Support management and work jointly with the Monitoring and evaluation (M&E) team to define, design, track and monitor the proper indicators for effective and successful project monitoring and evaluation of portfolio projects.
• Support the budget management and work plan for the project as well as other operational process such as scheduling sessions, leading meetings with stakeholders, preparing workshops.
CAE Advisory:
• Review and contribute to the development and approval of relevant project documents such as Concept Notes, Implementation Plans, Project Supervision Reports (PSRs) and Project Completion Reports (PCRs) and client deliverables to ensure standards and objectives are met.
• Improve the design and delivery of client solutions by incorporating global best practices and lessons from past. Partner with results team in developing appropriate theories of change and results frameworks and indicators to strengthen the development impact and sustainability of client solutions and continuously learn from client projects/ engagements.
• Engage pro-actively with donor partners to report progress on donor funded programs and develop new fund-raising proposals.
• Support the Project Leader in the day-to-day activities in the project, such as planning and execution of client meetings and in-person workshops.
• Support the Project Leader in reviewing of project deliverables such as technical documents and other reports, ensuring high quality and accuracy.
• Respond to ad-hoc tasks as deemed necessary by the Project Lead.
Major Deliverables:
• Quality review of project approval documents (Concept Note - CNs, Implementation Plan - IPs, Project Supervision Report – PSRs, and Project Completion Report - PCRs) as well as provide structuring and project design advice in the restructuring memo and termination memos.
• Improved compliance to policies and procedures by raising awareness among operational teams.
Selection Criteria:
• Master’s Degree in business, finance, economics, or related discipline.
• At least five (5) years of relevant work experience.
• Familiarity with Advisory and Upstream services Governance in the WBG.
• Strong conceptual/analytical skills and ability to design, deliver and close projects on a timely manner.
• Extensive project management experience.
• Understanding of IFC and WBG products/instruments and where there are opportunities for cross-organizational collaboration. Demonstrable experience working on IFC and WBG products will be an advantage.
• Knowledge and experience in developing sustainable taxonomies.
• Thorough understanding of IFC products, what is likely to be approved, and how long it will take. Good understanding of WBG and how to initiate collaborative efforts to leverage its products/ instruments.
• Excellent knowledge of Word, Excel, PowerPoint, and aptitude to learn new systems is a must. Ability to use project management systems (iPortal, etc.) is a plus.
• Knowledge of emerging economy conditions and challenges related to project implementation plus ideas to overcome related constraints. Experience working in an emerging country is a plus.
• Demonstrated capacity to prioritize decisions for operational results.
• Proven ability to work in a multi-disciplinary environment with excellent teamwork and diplomatic skills.
• Strong interpersonal and client engagement skills as shown by good working relationships with government clients, donors, and other state and private sector institutions.
• Excellent written, verbal communication and presentation skills in English and Spanish.
Application, Budget and Payment
Please submit your cover letter and resume by April 3, 2025 to Mauricio Velez via email at mvelezg@ifc.org.
The contract will begin in April 2025 for approximately 60 days until June 30, 2025. An extension for up to 120 days is possible from July 1, 2025 to June 2026.
The daily rate will be in the level B2 scale further determined based on the qualifications and prior experience of the consultant. Compensation is made on a net basis.
World Bank Group Core Competencies
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 at www.ifc.org.