Description
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 US$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. For more information, visit www.ifc.org
The Development Impact Measurement Department (CDI) is part of the Economics & Private Sector Development Vice Presidency (CEDVP). It is responsible for developing methodologies and assessing the development impact of IFC investments. This includes implementing the ex-ante and ex-post development impact framework (the Anticipated Impact Measurement and Monitoring system or AIMM); measuring development impact during the project life cycle; conducting ex-post empirical evaluations; and facilitating collaboration and dialogue within the global impact investing community. The Manufacturing, Agribusiness, and Services Unit (CDIMA) in CDI provides development impact measurement support for IFC’s operations in Agribusiness and Forestry, Manufacturing, Health and Education, and Tourism, Retail & Property.
CDIMA is looking to hire an ETC to provide, on an ongoing basis, expert advice and operational support for its impact assessment and analytical support functions, including the rating of investment projects using the AIMM framework. The main tasks will include, but are not limited to, working with IFC investment teams in the Manufacturing sector to assess ex-ante impact of new investment projects with a focus on investments in the MCT (Middle East, Central Asia, Türkiye, Afghanistan, and Pakistan) region; working with analysts, sector economists, and results measurement specialists to assign project supervision ratings; and drafting corresponding justifications. In addition, the ETC will lead impact evaluations and demand-driven analysis of sectoral issues identified by operational teams that are relevant to IFC’s ongoing support for the development of these sectors in MCT and other emerging markets. Finally, the ETC will support the continuous refinement of the AIMM framework and its implementation process. Additional tasks may include, but are not limited to, preparing sector guidance notes and supporting the range of activities that promote the implementation of AIMM and impact investing industry standards.
CDIMA seeks candidates with economics and results measurement expertise, preferably within the private sector context. In-depth knowledge of the manufacturing sector is a plus. The successful candidate should be able to perform a variety of analytical tasks requiring independent initiative under the supervision of the unit’s manager. Successful candidates should also be able to provide informed technical or policy advice where work will be performed under limited supervision at most stages.
The ETC contract period will be for 12 months.
Role & Responsibilities
• Analyze IFC investment projects using IFC’s development impact measurement framework;
• Liaise with investment teams, analysts, sector economists, and results measurement specialists in the department to provide impact assessment justifications and inform feedback loop efforts;
• Represent the department in investment review meeting deliberations on ex-ante impact assessments and their drivers;
• Work with investment teams on CDI’s impact portfolio to ensure consistent understanding and application of standard impact measurement and monitoring frameworks and methods throughout the project lifecycle;
• Lead and support impact evaluations and demand-driven analysis of sectoral analysis that address current sector challenges identified by industry teams;
• Contribute to the development and implementation of the monitoring system for investment projects and report on projects development outcomes across all industries;
• Perform other tasks as requested by CDI management.
Selection Criteria
• At least a graduate degree in economics/finance/business/public policy or other relevant graduate degree from a reputable university.
• At least 12 years of relevant experience demonstrating research expertise, analytical skills, economic analysis and/or private sector development work.
• Knowledge of IFC or similar operational and portfolio work and a good understanding of investment and advisory projects is desirable. Experience working on investments in the MCT region will be plus.
• Ability to apply monitoring and evaluation approaches, methods and tools of development impact measurement to ex-ante assessments, monitoring and ex-posts evaluations. Proven experience and good understanding of investment/advisory projects’ development outcome assessment and processes. Knowledge of IFC’s Anticipated Impact Measurement and Monitoring or similar system, and knowledge of DFIs’ additionality frameworks, is a plus.
• Strong analytical and quantitative skills. Proven capability to handle complex assignments (e.g. project related or analytical tasks with operational relevance) and produce analytical work to a high professional standard, with minimum supervision. Proven track record of conducting rigorous research and producing reports is a plus.
• Experience with business analytics and results measurement methods, including, survey design and implementation, and experimental and non-experimental evaluation designs. Training or certification in monitoring and ability to communicate persuasively and influence various stakeholders across organizational boundaries/or evaluations is a plus.
• Proven ability to work in teams and capability to work in multi-cultural environments.
• Excellent written and verbal communication skills and ability to communicate effectively with different stakeholders.
World Bank Group Core Competencies
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Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three 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 third-year ET appointment are not eligible for future ET appointments.