Deadline: 31 October 2019
The International Finance Corporation (IFC) is currently seeking applications from the eligible applicants for the post of Lead Upstream Investment Officer in Mumbai, India. The duration of this post is 3 years.
IFC’s mission is to end extreme poverty by 2030 and boost shared prosperity in every developing country
Key Job Responsibilities
The Lead Upstream Investment Officer will perform the following functions-
- Business Responsibility:
- Engagement through diagnostic tools, such as Country Private Sector Diagnostics, InfraSAPs and Sector Deep Dives to identify, assess, and prioritize new opportunities.
- Lead investment operation and advisory service teams implementing market creating activities identified by WBG Sector Groups.
- Develop global delivery platforms (scalable product design and development) and identify opportunities to pilot and scale them to establish models à la “Scaling Solar” in close collaboration with other regional INR teams and with Global Upstream Units.
- Lead market and enabling environment initiatives, which are country-specific.
- Ensure that upstream engagements are properly resourced, from internal sources (e.g. CMAW, FMTAAS, BB) as well as responsibility for raising, and monitoring of third-party funds required to support the Asia Pacific upstream program and related donor engagement and coordination.
- Client and Stakeholder Responsibility:
- Partner with the World Bank and MIGA (and other IFIs as appropriate) to develop sector and regulatory frameworks that enable market creation.
- Convene stakeholders and thought leaders, form partnerships and connect expertise from investment and advisory staff, the Bank GPs and Asia Pacific region, and external parties to enable delivery of upstream projects and initiatives.
- Engage with and establish partnerships with leaders and decision makers internally within the WBG to foster innovative thinking about creation of new markets to increase development impact in difficult markets.
- Knowledge Capture and Management:
- Connect with the Global Upstream unit (CNGUP) and other upstream (INR) regional teams, and ensure solutions, new approaches and best practices and knowledge flow across to the Asia Pacific region of the World Bank Group, and help create the enabling environment for upstream engagements to be successful; disseminate Asia Pacific upstream achievements.
- Build external brand recognition in Asia Pacific and recognition of IFC’s distinctive capabilities in working upstream to catalyze greater flow of investment opportunities; showcase achievements.
- People and Resource Responsibility:
- Provide overall leadership and people management to staff working on upstream activities in the Asia Pacific region, in close collaboration with the Global Upstream Manager (INR), two New Business Managers (INR), and two Portfolio Managers (INR) in Asia Pacific.
- Contribute to the creation of incentives to motivate and reward upstream activities.
- Manage the budget for upstream activities in Asia Pacific with the goal of increasing efficiency, effectiveness, and most importantly outcomes related to opening new markets and opportunities ultimately resulting in multiyear pipeline of bankable operations/ projects.
Applicants must have:
- PhD, MBA or equivalent professional qualification.
- Minimum 15 years relevant work experience (at least 2 of which must have been in a leading capacity).
- Significant experience in infrastructure as well as understanding of existing initiatives in IFC and the World Bank in this space.
- Experience with enabling environment for infrastructure as well as removing constraints and charting courses of action.
- Experience collaborating closely with other parts of the World Bank Group and other MFIs and financing institutions and banks.
- Familiarity with one or several sectors related to Power, Transport, Telecom, Utilities, oil & gas/mining, and Sub-National Finance.
- Good “deal sense” based on demonstrated strong analytical skills and sound business judgment.
- Ability to develop innovative solutions and challenges the status quo in order to build the business.
- Proven ability to work in the matrix as an integral part of the Regional Industry Department.
- Demonstrated leadership skills and strong team work and communications in a highly diverse, virtual environment.
- Excellent people management skills and openness to feedback; new ideas and ability to guide staff to solutions to problems.
- Strong written and verbal communications skills.
How to Apply
Applicants must submit their applications through online process.
For more information, please visit IFC.