Associate Operations Officer

Contract

This is a World Bank Group grade: GF contract. More about World Bank Group grade: GF contracts.

Associate Operations Officer

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 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.

Private sector financial development is essential to the promotion of successful and sustainable economies in low and middle-income countries around the world. Sound and efficient financial markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth. IFC’s goal is to prioritize investment in the financial sector because it promotes development in all other sectors

Climate business is a key strategic focus area for IFC. The need to address climate is urgent, with global carbon budgets set to be depleted in less than two decades. IFC provides a critical piece of the WBG’s climate program by building climate markets and providing private sector leadership in new high-growth areas.

IFC’s Climate Business Department (CBD) is integral in helping IFC to build a robust climate portfolio, and thus achieve its target of 35% of total commitments in climate projects, and in supporting the implementation of Paris Alignment commitments in its operations. CBD is a centrally positioned group responsible for supporting business development across IFC for climate projects, positioning IFC externally (including with the Board and other MDBs) and coordinating climate-related activities and events across the World Bank Group.

IFC has a vacancy for an Associate Operations Officer in the Climate Finance & Policy Team to lead the teams work on all reporting matters internally and externally, support climate-smart business development, climate innovation, and support existing work on report preparation, research and communication. The AOO will also work closely with the climate metrics team to provide research, analytical, operational, and logistical support as needed by the Finance and Policy teams. The position will be based in Washington, DC and will report to the Manager of the Unit.

Roles & Responsibilities:

The primary responsibilities and overall profile required for this position are as below:

Lead Climate Business Department-supported impact reports and publications:

Such as MDB Climate Finance Report, Green Bond Impact Report, Amundi EGO Fund Impact Report, and REGIO Impact Report. This involves:

• Coordination of report process: draft table of contents, develop timelines, ensure timely and quality delivery of each report section, organize and coordinate exchanges across IFC and external partners, take minutes of relevant meetings

• Collection of data and update/maintenance of databases and master files.

• Drafting, proofreading and quality control of reports, review of project and climate data

• Support CBD in climate finance tracking and reporting to internal and external stakeholders.

• Coordinate and support across the corporation to gather data and input

• Support the World Bank Group/Multilateral Development Bank climate finance annual reporting.

Lead on Internal Reporting for IFC’s climate targets:

• Lead on internal reports to Board and Management on all climate matters such as climate finance and Paris Alignment

Research and Communications:

• Monitor relevant news in the climate finance space

• Undertake research activities and other tasks as needed

• Conduct research on best practices in impact reporting and relevant reports

• Conduct research and analyze best practices and areas of improvements in Green, Social and Sustainability Frameworks and related themes

Support the climate business team on a variety of works:

• Support identification and development of new products to facilitate scaling of investments in low-carbon/climate-friendly sectors on a global basis.

• Development of new financial products and investment structures.

• Undertake research for the identification of new products, structures.

• Other activities that the team is asked to undertake from time to time or as the mandate changes.

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.

Private sector financial development is essential to the promotion of successful and sustainable economies in low and middle-income countries around the world. Sound and efficient financial markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth. IFC’s goal is to prioritize investment in the financial sector because it promotes development in all other sectors

Climate business is a key strategic focus area for IFC. The need to address climate is urgent, with global carbon budgets set to be depleted in less than two decades. IFC provides a critical piece of the WBG’s climate program by building climate markets and providing private sector leadership in new high-growth areas.

IFC’s Climate Business Department (CBD) is integral in helping IFC to build a robust climate portfolio, and thus achieve its target of 35% of total commitments in climate projects, and in supporting the implementation of Paris Alignment commitments in its operations. CBD is a centrally positioned group responsible for supporting business development across IFC for climate projects, positioning IFC externally (including with the Board and other MDBs) and coordinating climate-related activities and events across the World Bank Group.

IFC has a vacancy for an Associate Operations Officer in the Climate Finance & Policy Team to lead the teams work on all reporting matters internally and externally, support climate-smart business development, climate innovation, and support existing work on report preparation, research and communication. The AOO will also work closely with the climate metrics team to provide research, analytical, operational, and logistical support as needed by the Finance and Policy teams. The position will be based in Washington, DC and will report to the Manager of the Unit.

Selection Criteria

• Master’s degree in fields such as engineering, environment, or economics/business/finance.

• 5-7 years of relevant professional experience (in emerging markets preferred).

• Excellent communication skills in English and demonstrated ability to write well a must. Fluency in other languages such as Spanish and French a plus.

• Experience in research and delivery of comprehensive findings.

• Experience in or knowledge of green bonds and Sustainable/climate finance a plus.

• Ability to meet deadlines and work effectively in stressful situations in a team environment.

• Excellent leadership and interpersonal skills. Dedicated, collaborative, but also can take ownership of the task and work independently.

• Excellent computer proficiency, particularly in MS Word, PowerPoint, and Excel applications.

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.