E T Consultant

Contract

This is a World Bank Group grade: EC3 contract. More about World Bank Group grade: EC3 contracts.

E T Consultant

Description

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 2022, we delivered more than $32.8 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. 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, in the areas of private equity and investments in disruptive technologies and innovative businesses, CLED is recruiting a qualified Extended Term Consultant, to be based in Singapore.

Roles and Responsibilities

• Assume primary lawyer responsibility for new and portfolio investments and advisory services in Asia. Provide advice and support to investment clients in equity, debt, project and corporate financings involving multiple financiers in a broad range of sectors, including manufacturing, agribusiness and services, financial institutions, infrastructure, funds, and blended finance. Responsibilities in respect of Advisory services will include oversight of legal analysts preparing documentation based on standardized terms and conditions.

• Work with client departments as they embark on identifying and assessing Upstream opportunities and advise on the design and implementation of Upstream projects.

• Interact and communicate with colleagues in Washington and other regions, including providing advice and support to colleagues in Washington and other regions working on projects in Asia and to share knowledge and experience gained in Asia across regions.

• Mentor and coach business colleagues in the Asia region.

• Assist in designing and delivering trainings.

• Advise internal clients on institutional and corporate matters.

• Provide general legal advice and support with respect to all aspects of IFC’s business in Asia.

• Build strong knowledge about legal systems and IFC’s business in Asia (including developing subject matter expertise for specific jurisdictions in Asia), and effectively share knowledge and best practices.

• Advise on the selection of outside counsel for IFC projects in Asia, manage outside counsel and legal costs.

Selection Criteria

• Law degree with at least 8 years of relevant sector and country experience (experience in the area of private equity in India and in other countries in Asia is mandatory).

• Willingness to assume multiple roles and tasks to meet changing business needs with an ability to foresee, troubleshoot and effectively resolve conflicting issues and challenges.

• Ability to assess risk in a practical and responsible manner and make fair, well- reasoned, independent and transparent decisions.

• Excellent interpersonal skills, ability to deal sensitivity in a multicultural environment and build effective working relations with clients and colleagues across the Corporation.

• Excellent communications skills in English, ability to present both written and oral ideas clearly, concisely and persuasively (fluency in another major Asian language desirable).

• Ability to work in a fast-paced environment with quick turnaround expectations.

• Willingness to travel to India frequently and on short notice.

• Professional integrity and sound judgment in handling confidential information.

World Bank Group Core Competencies

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.

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.