E T Consultant

Contract

This is a World Bank Group grade: EC2 contract. More about World Bank Group grade: EC2 contracts.

E T Consultant

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 Treasury and Mobilization Vice Presidency Unit (“CFIVPU”) safeguards IFC’s triple-A credit rating, promotes financial sustainability, and contributes to IFC 3.0 Strategy and the World Bank Group’s mission through a comprehensive approach to mobilizing private capital, providing financial solutions for clients, and contributing to the development of local capital markets. The Crosscutting Initiatives and Advisory Unit (“CFICA”) spearheads the delivery of key capital markets development and upstream initiatives to support IFC 3.0, as well as coordinates the delivery of key initiatives for the VPU. Such functions include:

• Strategic Initiatives led by the VPU in support of IFC 3.0; • Specialized Advisory Services (AS) in support of the VPU’s mandate of raising funding in local currency, including the delivery of IFC’s flagship Capital Markets Postgraduate Programs and practitioner-to-practitioner advisory services on capital markets development and local currency financing; • Contributing to fundraising activities for IFC Treasury’s Advisory initiatives; • Knowledge Management for more efficient access to knowledge for all CFIVPU staff and clients; • Organization of CFIVPU’s flagship conferences; • and other Corporate Initiatives like operational risk reporting.

The CFICA is seeking to recruit a qualified Extended Term Consultant to support its expanding advisory initiatives. This role will require close interaction with staff across the CFIVPU and Units working on capital markets development across the World Bank Group. This position will be based in Washington, DC, and will report to the Head of the Cross Cutting Initiatives and Advisory Unit.

Role & Responsibilities:

The Extended Term Consultant is expected to play a lead role in advisory projects related to capital markets development and will have the following responsibilities:

• Lead and contribute to the implementation and execution of the VPU’s Advisory Program in preparing materials such as Advisory Services’ (AS) concept notes, Implementation Plans, Supervision Reports, and Measurement & Evaluation analysis to demonstrate the projects’ development impact; • Coordinate the work and delivery of the Implementation Team composed of staff across the relevant departments within the VPU and manage the relationships with the clients; • Coordinate the organization and delivery of virtual and in-person workshops/roundtable discussions around key capital markets topics; • Conduct budget reporting by monitoring, analyzing, and reporting on program & projects’ actual expenses vs. budget; • Develop promotional documents (reports, press releases, etc.) with input from the relevant Business lines, as well as the cross-cutting Initiatives and Advisory Unit and Communications teams; • As needed, participate in drafting the VPU strategic papers, presentations, Independent Evaluation Group reports, and other related requests that address Treasury’s value-addition towards the WBG strategic objectives. • Contribute to the development of fundraising pitches and proposals; • Prepare regular donor reports and ensure compliance with donor and IFC agreements, including budget, Measurement and Evaluation results and success stories; and • Perform other tasks as required.

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 Treasury and Mobilization Vice Presidency Unit (“CFIVPU”) safeguards IFC’s triple-A credit rating, promotes financial sustainability, and contributes to IFC 3.0 Strategy and the World Bank Group’s mission through a comprehensive approach to mobilizing private capital, providing financial solutions for clients, and contributing to the development of local capital markets. The Crosscutting Initiatives and Advisory Unit (“CFICA”) spearheads the delivery of key capital markets development and upstream initiatives to support IFC 3.0, as well as coordinates the delivery of key initiatives for the VPU. Such functions include:

• Strategic Initiatives led by the VPU in support of IFC 3.0; • Specialized Advisory Services (AS) in support of the VPU’s mandate of raising funding in local currency, including the delivery of IFC’s flagship Capital Markets Postgraduate Programs and practitioner-to-practitioner advisory services on capital markets development and local currency financing; • Contributing to fundraising activities for IFC Treasury’s Advisory initiatives; • Knowledge Management for more efficient access to knowledge for all CFIVPU staff and clients; • Organization of CFIVPU’s flagship conferences; • and other Corporate Initiatives like operational risk reporting.

The CFICA is seeking to recruit a qualified Extended Term Consultant to support its expanding advisory initiatives. This role will require close interaction with staff across the CFIVPU and Units working on capital markets development across the World Bank Group. This position will be based in Washington, DC, and will report to the Head of the Cross Cutting Initiatives and Advisory Unit.

Role & Responsibilities:

The Extended Term Consultant is expected to play a lead role in advisory projects related to capital markets development and will have the following responsibilities:

• Lead and contribute to the implementation and execution of the VPU’s Advisory Program in preparing materials such as Advisory Services’ (AS) concept notes, Implementation Plans, Supervision Reports, and Measurement & Evaluation analysis to demonstrate the projects’ development impact; • Coordinate the work and delivery of the Implementation Team composed of staff across the relevant departments within the VPU and manage the relationships with the clients; • Coordinate the organization and delivery of virtual and in-person workshops/roundtable discussions around key capital markets topics; • Conduct budget reporting by monitoring, analyzing, and reporting on program & projects’ actual expenses vs. budget; • Develop promotional documents (reports, press releases, etc.) with input from the relevant Business lines, as well as the cross-cutting Initiatives and Advisory Unit and Communications teams; • As needed, participate in drafting the VPU strategic papers, presentations, Independent Evaluation Group reports, and other related requests that address Treasury’s value-addition towards the WBG strategic objectives. • Contribute to the development of fundraising pitches and proposals; • Prepare regular donor reports and ensure compliance with donor and IFC agreements, including budget, Measurement and Evaluation results and success stories; and • Perform other tasks as required.

Selection Criteria

• An advanced degree in finance or economics and 5-8 years of professional experience in investment banking, financial markets practices of international development agencies or capital markets development consultancy work; • Strong understanding of local and international debt capital markets; • Strong technical understanding of derivatives and money markets; • Experience setting up trading desks in these areas or designing and implementing market creation reforms highly desirable; • Be able to establish and maintain relationships with key stakeholders, including international investment banks, local banks, capital market firms, investors, and regulators; • Ability to provide training to colleagues and external clients. • Experience in working with and leading discussions with countries’ senior officials required; • Exceptional written and communication skills, including the ability to synthesize and communicate complex topics in a clear manner; • High level of computer proficiency; • Fluency in English and French required, working knowledge of Spanish a plus. • Superior project management skills, with ability to manage multiple deadlines and effectively coordinate with multiple institutions; • Outstanding interpersonal and client relationship skills; • Outgoing, self-motivated and flexible, with a willingness to adapt to changing situations; • Understanding of developing and emerging economies, including experience working in multicultural environment a plus; • Willingness to travel.

World Bank Group Core Competencies

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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.