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 2021, IFC committed a record $31.5 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 the COVID-19 pandemic. For more information, visit www.ifc.org
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, promotes sustainable private sector development in developing countries.
The Legal Department of IFC (CLED), under the 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 and public-private partnerships; (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 growing activities in Asia, CLED is recruiting a qualified Legal Counsel, to be based in India in either the Mumbai or New Delhi office (preference for Mumbai).
Assuming primary lawyer responsibility for new and portfolio (including infrastructure projects, jeopardy projects and projects in litigation) investment projects in Asia (with a primary focus on India)
• Providing advice and support to Investment and Advisory colleagues located in Asia
• Law degree with at least 8 years of relevant sector and country experience (experience in India and with infrastructure projects/project financing is mandatory. Similar experience in other countries in Asia is desirable)
World Bank Group Core Competencies
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Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.
|Closing date:||December 8, 2021|