International Finance Corporation
Experience: 5 to 10 Years
Skill Required: Accounts and Finance
Apply By: 17-10-2022
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 in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises.
IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity. This strategy calls for generating unique 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. This strategy also calls for working with Governments and World Bank colleagues to first seek private sector solutions to address development challenges - where such solutions are advisable and can be effective - and reserve public financing for projects only when other options are suboptimal. This approach is called the “Cascade”.
IFC’s Infrastructure Department is looking to hire an Associate Investment Officer to join IFC’s infrastructure investment team covering primarily the MCT Region (Middle East, Central Asia, Türkiye, Afghanistan, and Pakistan). The selected candidate will be based in Istanbul, Türkiye and will be an integral part of the investment team working across the business cycle (business development, “upstream”, new investments, and portfolio), but with a focus on leading and/or supporting business development, processing and managing IFC’s investments throughout the life of IFC’s investments.
Duties and Accountabilities:
The role and responsibilities of the position will include but not be limited to:
Selection Criteria
Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=19382&site=1