IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit http://www.ifc.org
The Legal Department of IFC (CLED), under the Vice President and General Counsel, is responsible for providing legal and policy advice to the IFC Board, its Management and client departments on operational, advisory and corporate matters. Specifically, CLED supports client departments in (i) the delivery of IFC’s annual program of financing private sector projects in emerging markets; (ii) project portfolio management (including jeopardy projects and projects in litigation); (iii) the delivery and design of structured finance products, sub-national lending, equity and quasi-equity, public-private partnerships, and carbon finance transactions; (iv) advising on corporate policy and operational matters such as operating policies and procedures and Anti-Money Laundering and Combating the Funding of Terrorism; and (v) knowledge management and training.
To support IFC’s investment activities in emerging financial markets, CLED is recruiting a qualified Senior/Counsel, to be based in Washington, D.C.
Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3 year term appointment.Background / General description
DR• Provides advice and support to IFC’s Global Financial Institutions Group relating to diverse financial markets investment transactions, including loans to and equity investments in financial institutions.
• Assumes primary lawyer responsibility for debt and equity cross-border transactions in other areas, including manufacturing, services, infrastructure and project finance generally.
• Drafts complex, non-standard agreements and other documents.
• Provides sound and practical advice, recommendations and solutions to complex legal, policy and deal structuring issues.
• Takes initiative to share professional knowledge, skills and values (e.g., through presentations to colleagues and internal clients both in Washington and in regional offices).Duties and Accountabilities
SC• Qualified to practice law in one or more jurisdictions.
• At least 6 years of relevant transactional/work experience in finance and structured finance) with a well-recognized international law firm, global bank or international financial institution.
• Demonstrated legal experience in emerging markets.
• Willingness to assume multiple roles and tasks to meet changing business needs with an ability to foresee, troubleshoot and resolve conflicting issues and challenges.
• Ability to handle independently complex transactions.
• Ability to assess risk in a practical and responsible manner and to make fair, well-reasoned, independent and transparent decisions.
• Excellent client service and interpersonal skills, proven ability to work sensitively in a multicultural environment and to build effective working relationships with clients and colleagues across IFC.
• Professional integrity and sound judgment in handling sensitive or confidential information.
• Excellent communication skills in English; at least one other language a plus.
• Willingness to travel for business and potentially to relocate to another office in the future.Selection Criteria