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 2023, IFC committed a record $43.7 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.
The Development Impact Measurement Department (CDI) is part of the Economics & Private Sector Development Vice Presidency (CED). It is responsible for developing methodologies and assessing the development impact of IFC investments. This includes implementing the ex-ante development impact framework (the Anticipated Impact Measurement and Monitoring system or AIMM); measuring development impact during the investment project life cycle; conducting ex-post empirical evaluations; and collaborating with and convening the global impact investing community.
The Department is seeking to recruit a Results Measurement (RM) Specialist to make important contributions to the development and implementation of the IFC’s impact measurement system for IFC investment’s and advisory/upstream projects. The department also seeks to develop IFC’s first development impact report and set a global good practice standard for the DFI community. It seeks to also build and implement indicators, systems and processes to enable reporting on the World Bank’s new Corporate Scorecard.
The RM Specialist will work closely with other Economists, and Results Measurement Specialists in the Department under the general supervision of the manager for Impact Reporting & Evaluation. We are looking for a motivated and dynamic professional, with exceptional analytical skills and hands-on results measurement experience in the private sector and a track record of managing processes and working across teams. The position is based at IFC’s headquarters in Washington, D.C. Duties and responsibilities:
The roles and responsibilities of the position are focused on generating high-quality and operationally relevant data and research to inform IFC investments and enable adequate reporting on development impact across a range of stakeholders.
Specific duties and responsibilities include the following:
Lead the CDI co-ordination and technical leadership to support IFC’s reporting on the new World Bank Corporate Scorecard overall and helping to integrate this with the AIMM monitoring process.
Lead key corporate initiatives for the team and represent CDI on key corporate working groups related to M&E, including XPSR reform and linking this to Anticipated Impact Measurement and Monitoring (AIMM).
Lead/provide technical input to CDI’s responses to key Independent Evaluation Group (IEG) reports at the corporate level.
Support the development of the Development Impact report working with the Task Team Lead (TTL).
Advisory & Upstream:
Co-lead (with CDI manager and the Advisory (AS) and Upstream Secretariat) the working group on the Corporate Scorecard indicator for Private Capital Enabled; helping develop and implement the methodology for reporting on the same.
Support the modernization and improvement of RM for Advisory and Upstream operations including the criteria for light supervision of specific types of advisory operations, reviewing specific Upstream project portfolios from a development results perspective, and addressing pending pain points, including engagement with our Independent Evaluation Group.
Lead the analytics related to AS and Upstream: for example, on drivers of work quality, DE and impact of AS on AIMM scores of follow on investments.
Work on the training and knowledge agenda for operational teams on RM for Advisory/Upstream with key corporate partners: Learning Team, AS/Upstream Secretariat.
Coordinate the RM work for donor reporting on global programs and synergizing as needed with the regional reports.
Represent IFC at the RM networks related to AS and Upstream in the WB and beyond.
Support AIMM monitoring and the annual data collection process by integration of the Corporate Scorecard reporting needs into annual process.
Support the roll out of the AIMM Navigator tool and its updates, working with Information and Technology Department (CIT).
Contribute to a culture of technical excellence within the Department by creating an environment of learning, innovation, and knowledge sharing.
Deliver the agreed upon work program through cost effective use of resources and ensure timely delivery of high-quality outputs.
Master’s in economics, Data Science, Public Policy and 10+ years of relevant experience in supporting results measurement for private sector operations.
Track record in supporting and implementing development impact frameworks for the private sector, including developing theories of change, indicator frameworks, etc.
Demonstrated track record of producing reports for external audiences in topics related to private sector development and IFC’s thematic areas of focus.
Strong experience in areas related to private sector development, including evaluating the development impact of private sector operations, and policy reforms for promoting private investments in areas such as financial services, manufacturing, agriculture, services, infrastructure and/or disruptive technologies.
Demonstrated understanding of DFI/MDB operations in the private sector is a strong plus,
Ability to analyze complex policy problems and develop new and innovative approaches.
Effective and persuasive oral and written communication skills.
Ability to cultivate an active network of relationships inside and outside the organization and to represent IFC publicly as needed.
Ability to lead and mentor junior staff.
Demonstrated ability to operate in a collaborative manner in a matrixed, highly complex and global organization.
Strong analytical and quantitative skills, including econometric approaches, programming and supporting the development of IT systems and processes.
Computer skills: Strong STATA skills (other packages such as R, Python, are a plus), and advanced knowledge of Microsoft Office (PowerPoint, Excel, Word).
Commitment to the WBG and IFC’s mission and values.