Senior Operations Officer (Senior Financial Sector Specialist)Job #: req30922Organization: IFCSector: OperationsGrade: GGTerm Duration: 3 years 0 monthsRecruitment Type: International RecruitmentLocation: Sydney, Australia, SingaporeRequired Language(s): EnglishPreferred Language(s): Closing Date: 1/15/2025 (MM/DD/YYYY) at 11:59pm UTCDescriptionIFC — a member of the World Bank Group (WBG) — 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.
Our mission is to leverage the power of the private sector to end extreme poverty and promote shared prosperity on a livable planet.The IFC 3.0 strategy aims to stimulate more investment activity across emerging markets, especially in Low Income Countries (LICs) and Fragile and Conflict affected States (FCS).
Our goal is to create, deepen, and expand markets and design and develop impactful investment projects.
This strategy is, in part, premised on improved country/sector diagnostic, strategic, and public sector engagement capabilities.Roles and ResponsibilitiesAct as financial sector and climate finance anchor for the CEAAE unit, collaborating closely with industries, including FIG and decarbonization/real sector climate anchors, to develop a clear offering combining real and financial sector sustainability initiatives.Work closely with internal stakeholders and notably other IFC advisory and investment teams, Country Management Units (CMUs) in the Pacific and elsewhere, as well as World Bank Global Practices to assess financial markets barriers and opportunities.Collaborate closely with FIG upstream and investment teams working on business and project development to determine whether any regulatory barriers are hindering access to financial markets and green investment projects.Actively advise/support CEAAE advisory projects teams in identifying financial market barriers/risks and help client countries deliver reforms/regulations.Lead collaboration with FIG on the development of sustainable finance instruments and frameworks including thematic bonds and loans.Manage the implementation of the advisory project portfolio in the financial sector, overseeing CEAAE teams throughout the cycle of projects.Facilitate close coordination between IFC and the World Bank.Support efforts to incorporate relevant regulatory interventions into WBG country engagements products.Make substantive contributions to knowledge work in the core topics of CEAAE such as financial services, inclusion, and capital mobilization.Share project and country knowledge, project lessons learned, and best practices with the wider WBG network.Participate in internal and external conferences, workshops and other subject matter fora as an expert speaker.Collaborate with stakeholders and form partnerships with staff across IFC and the World Bank Group.Mentor junior colleagues and provide quality control of strategic and analytical work.Selection CriteriaAn advanced degree (Masters/PhD) in Finance, Economics, Business Administration, or related field.Minimum of 12 years of relevant professional experience in financial sector development, economics, public policy, international development, or related field.Solid technical skills in at least two of the financial sector development areas.Proven ability to conceptualize, design and implement major projects.Substantial and diverse experience in leading operations and client dialogue in IBRD or IDA countries.Demonstrated professional leadership and ability to lead a team of professionals.Excellent communication skills in English.Strong interpersonal skills to manage relationship with financial sector authorities.Willingness to travel to work with country clients and collaborate with WBG teams.Passion for promoting development solutions and ability to link finance and development.World Bank Group Core CompetenciesThe World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.We are proud to be an equal opportunity and inclusive employer 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.
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