(Associate)Corporate Governance Officer, Asia

Contract

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(Associate)Corporate Governance Officer, Asia

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 2022, IFC committed a record $32.8 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 mission of the International Finance Corporation (IFC), the private sector arm of the World Bank Group, is to promote sustainable private sector investment in developing countries, helping to reduce poverty and promote shared prosperity. IFC promotes sustainable development through the provision of investment and advisory services, including the promotion of sound corporate governance policies and practices. IFC's Sustainability and Gender Solutions Department (CEG) makes an essential contribution to IFC’s mandate - deploying environmental, social and governance (ESG) expertise to clients and global partners.

Duties and Accountabilities:

The Associate Corporate Governance (CG) Officer will undertake and support various CG activities in Asia (South Asia and South Asia Pacific), working under the leadership and guidance of the CG Leads for South Asia and East Asia Pacific regions.

In particular, the Associate CG Officer will conduct the following activities:

1. Firm-Level diligence. Support CG activities and investment teams in IFC’s investment processes by:

• Assessing CG risks and opportunities in transactions as part of IFC’s investment due diligence (including through document review and client interviews); • Helping IFC investment teams analyze data to form a considered view on CG practices; • Identifying gaps and making recommendations to address such gaps and enhance the CG practices of IFC clients; • Preparing reports and presenting findings in respect of client CG; • Using and integrating various tools and data sources to support risk identification and development of recommendations; • Assuring completeness of due diligence records and documentation; and • Ensuring that project documentation is filed and saved in the appropriate depository.

2. Firm-Level Implementation. Assist clients to implement sound CG changes, for example, by:

• Providing input on draft CG policies and procedures; • Drafting and reviewing CG templates, products and tools; and • Organizing CG training for clients.

3. Portfolio Monitoring. Assist with a structured IFC portfolio monitoring process by:

• Monitoring CG actions implemented by clients; • Update databases, records and project documentation on a timely basis; • identifying and monitoring high-risk issues; • preparing portfolio reports; and

Associate Corporate Governance Officer, Asia GF1 – Local Recruitment Location(s): New Delhi or Mumbai, India

• Assisting follow-up with clients, the IFC Nominee Director Center and investment teams.

4. Knowledge Management. Research and develop knowledge insights, products and tools produced globally and within [Asia] by:

• Supporting or conducting research on CG-related themes; • Contributing to CG data acquisition strategy and CG data science program; • Conducting statistical analysis to identify knowledge insights and generate knowledge products; • Assisting in the development of CG tools and resources; and • Liaising with the global ESG knowledge management team to ensure the regional team has the most up-to-date information on CG knowledge products and tools.

5. Training. Conduct market-level training and advocacy events such as training workshops, conferences, roundtables, and other awareness-raising events within IFC and externally.

6. Other. Perform other technical, research and administrative duties in support of CG-related activities, as needed and as may be notified by the Lead CG Officer for Asia.

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 2022, IFC committed a record $32.8 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 mission of the International Finance Corporation (IFC), the private sector arm of the World Bank Group, is to promote sustainable private sector investment in developing countries, helping to reduce poverty and promote shared prosperity. IFC promotes sustainable development through the provision of investment and advisory services, including the promotion of sound corporate governance policies and practices. IFC's Sustainability and Gender Solutions Department (CEG) makes an essential contribution to IFC’s mandate - deploying environmental, social and governance (ESG) expertise to clients and global partners.

Duties and Accountabilities:

The Associate Corporate Governance (CG) Officer will undertake and support various CG activities in Asia (South Asia and South Asia Pacific), working under the leadership and guidance of the CG Leads for South Asia and East Asia Pacific regions.

In particular, the Associate CG Officer will conduct the following activities:

1. Firm-Level diligence. Support CG activities and investment teams in IFC’s investment processes by:

• Assessing CG risks and opportunities in transactions as part of IFC’s investment due diligence (including through document review and client interviews); • Helping IFC investment teams analyze data to form a considered view on CG practices; • Identifying gaps and making recommendations to address such gaps and enhance the CG practices of IFC clients; • Preparing reports and presenting findings in respect of client CG; • Using and integrating various tools and data sources to support risk identification and development of recommendations; • Assuring completeness of due diligence records and documentation; and • Ensuring that project documentation is filed and saved in the appropriate depository.

2. Firm-Level Implementation. Assist clients to implement sound CG changes, for example, by:

• Providing input on draft CG policies and procedures; • Drafting and reviewing CG templates, products and tools; and • Organizing CG training for clients.

3. Portfolio Monitoring. Assist with a structured IFC portfolio monitoring process by:

• Monitoring CG actions implemented by clients; • Update databases, records and project documentation on a timely basis; • identifying and monitoring high-risk issues; • preparing portfolio reports; and

Associate Corporate Governance Officer, Asia GF1 – Local Recruitment Location(s): New Delhi or Mumbai, India

• Assisting follow-up with clients, the IFC Nominee Director Center and investment teams.

4. Knowledge Management. Research and develop knowledge insights, products and tools produced globally and within [Asia] by:

• Supporting or conducting research on CG-related themes; • Contributing to CG data acquisition strategy and CG data science program; • Conducting statistical analysis to identify knowledge insights and generate knowledge products; • Assisting in the development of CG tools and resources; and • Liaising with the global ESG knowledge management team to ensure the regional team has the most up-to-date information on CG knowledge products and tools.

5. Training. Conduct market-level training and advocacy events such as training workshops, conferences, roundtables, and other awareness-raising events within IFC and externally.

6. Other. Perform other technical, research and administrative duties in support of CG-related activities, as needed and as may be notified by the Lead CG Officer for Asia.

Selection Criteria

• Candidates should be early or mid-career professionals with relevant experience in fields related to CG (for example, accounting and audit, legal, securities and stock market development, institutional investment, management consulting or technical assistance). Specifically, candidates should meet the following criteria: • Graduate degree in a relevant discipline (e.g., Law, Business Administration, Finance, Accounting, Audit, or another related discipline). • Minimum of five years of relevant work experience in CG or a closely related field (ideally in the context of private sector investment). • Excellent written and spoken communication skills in English are a requirement. • Technical knowledge of and practical experience in applying CG principles and practices. • Knowledge of IFC’s CG Methodology and associated tools: (www.ifc.org/corporategovernance) will be advantageous. • Knowledge of ESG principles, practices and developments. • Mastery of Microsoft Word and PowerPoint, advanced proficiency in Microsoft Excel and other database platforms. • Experience with integrating ESG data in investment due diligence or portfolio monitoring. • Experience in conducting statistical analysis and using datasets to support decision-making. • Experience in portfolio monitoring. • Familiarity with the investment process and investment due diligence will be considered an asset. • Ability to travel regularly to and work effectively in IFC client countries, especially in Asia. • Ability to engage professionally with various stakeholders (internal and external), effective influencing skills and diplomacy. • Self-starter with a high degree of responsiveness and proactivity. • Ability to communicate ideas clearly and confidently, articulate issues and recommend solutions. • Strong organizational skills with the ability to prioritize, deal with frequent unexpected changes, and manage multiple tasks under tight deadlines. • Attention to detail is a must. • Good team player with strong interpersonal skills, including the ability to work as a member of a multi-disciplinary and multi-cultural team, work effectively in and influence a team, and network effectively.

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.