IFC – a sister organization of the World Bank and member of the World Bank Group – is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In fiscal year 2021, the institution delivered more than US$23 billion in financing for developing countries, leveraging the power of the private sector to end extreme poverty, boost shared prosperity and, most recently, mitigate the impacts of the COVID-19 pandemic and support a resilient recovery. For more information, visit http://www.ifc.org.
IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity. This strategy calls for generating unique opportunities by proactively working “Upstream” to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. This strategy also calls for working with Governments and World Bank colleagues to first seek private sector solutions to address development challenges – where such solutions are advisable and can be effective – and reserve public financing for projects only when other options are suboptimal. This approach is called the “Cascade”.
IFC is seeking a Manager for the Regional and Country Economics Department covering the Middle East, Central Asia, Turkey, Afghanistan, and Pakistan region. She/he will lead tasks and will coordinate the overall regional and country strategies, liaising with regional and industry colleagues in HQ and in the field, as well as other World Bank Group units and outside organizations. The position will be part of the leadership team of the Country Economics and Engagement Department. The selected candidate will report to the Vice President for the Region. This position will be based in Washington, DC.
Duties and Accountabilities
• Support the Regional Management Team (Regional Director, Regional Head of Operations, Country Managers and Regional Heads of Industry) to formulate, articulate, and communicate country and regional strategies that allow IFC to maximize its impact to address development challenges.
2. Economic Analysis
• In collaboration with the Regional Economists, lead economic policy notes on main economic issues pertaining to the Region—at the macro level and sectoral level.
3. Operational Support
• Engage throughout the project cycle (from Upstream/concept to Board, and subsequently in Portfolio) to support advisory and investment teams to develop their projects by providing advice on macro-economic trends, country and regional context and risks.
• Master’s degree in economics/international development/public policy and/or business/finance, with strong grounding in economics both from academic and practical experience perspective.
World Bank Group Core Competencies
The 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 with a dedicated and committed workforce, 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.
|Country:||-- United States|
|City, State:||Washington D.C.|
|Closing date:||October 6, 2021|