The development of a vibrant private sector is central to promoting economic growth and creating opportunities for the poor. Sound and efficient markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth.
IFC’s Creating Markets Advisory (CMA) Unit delivers on IFC’s capital increase commitments by providing a foundation for Regional, Industry, and Upstream teams to increase private sector investment opportunities. The CMA team works proactively with governments and regulatory agencies to Our global experience shows that challenges in the working environment and lack of the right enabling regulatory framework result 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. CMA currently operates across the Africa region, with an active portfolio of 80 advisory services projects.
Duties & Responsibilities:
In this role, the selected candidate will serve as an Operations Analyst for the CMA team in Cairo, Egypt, and in North Africa and Horn of Africa countries.
S/He will work closely with the CMA team leads to support business development efforts including building new business in line with the IFC country strategy.
S/He will work closely with the CMA team leads to contribute to the development and implementation of high-quality projects and interventions through research, analytical and operational work.
S/He will liaise with the project teams and support functions for quality control and timely program delivery.
The selected candidate will report directly to the CMA Manager for North, West & Central Africa.
Client and Stakeholder Management:
Participate in client meetings and support the development of technical advice and monitoring of program implementation in line with client and market needs as well as IFC priorities.
Support the establishments of relationships with counterparts and market
Stakeholders.
Work collaboratively with IFC regional Investment/Upstream/Advisory anchors to ensure alignment.
Pro-actively support the engagement with donor partners to report progress on donor funded programs and to develop fund-raising proposals.
Project Design and Operationalize Solutions:
Support CMA as well as industry specialists in the identification and design of investment climate reforms to unlock investment potential and create markets in Egypt and the sub-region as needed.
Contribute to the development of relevant project documents (Concept Notes, Implementation Plans, Project Supervision Reports).
Support the design and delivery of client solutions and proactively support the project implementation by flagging risks and issues that require attention in a timely manner.
Communications and Knowledge Sharing:
Distill information from various sources and summarize in a clear, logical, and concise manner.
Undertake data collection and analysis and utilize graphs and tables to creatively and effectively present data.
Contribute to CMA’s body of knowledge by supporting the creation of lessons learned and best practices.
Selection Criteria:
Master’s degree in Law, Finance, Business, Economics, or a closely related field.
At least three years’ experience in private sector development, with a focus on delivering investment climate and sector reforms.
Demonstrated ability to identify and assess regulatory and sector bottlenecks and to communicate findings to various audiences.
Understanding the implications of different policy and regulatory frameworks governing CMA’s thematic areas.
Experience in delivering advisory engagements in investment climate reform both economy wide and sector level reforms is preferred.
Ability to identify how changes in markets, business climate, regulations or emergence of new/ successful innovators/ disruptors may create new opportunities for IFC to accelerate its mandate in a thematic area.
Understanding of IFC and WBG products/instruments. Demonstrable experience working on IFC and WBG products will be an advantage.
Team player with good problem solving and analytical skills, with an ability to execute the tasks timely and effectively.
Capacity to work simultaneously on a variety of issues and tasks, independently adjusting to priorities and achieving results with agreed objectives and deadlines.
Excellent written, verbal communication and presentation skills in English is a must. Arabic speakers preferred.
Excellent knowledge of Word, Excel, PowerPoint and aptitude to learn new systems is a must. Ability to use project management systems (iPortal, IBIS, etc.) is a plus.
Commitment to development and to the World Bank Group and IFC's mission, strategy and values.
