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.

Private sector development is essential to the promotion of successful and sustainable economies in low and middle-income countries around the world. Sound and efficient markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth.

IFC’s Creating Markets Advisory (CMA) Unit delivers on IFC’s capital increase commitments by providing a foundation for Regional, Industry and Upstream teams to increase private sector investment opportunities. CMA addresses “if-then” reform asks in IFC strategies, complementing World Bank efforts, while strengthening IFC's relationships with client countries in support of IFC 3.0. Specifically, the CMA team works proactively with governments and regulatory agencies to create effective and efficient market conditions, both at economy wide as well as industry/sector level, for increased private investments. Our global experience shows that challenges in the business environment and lack of the right enabling regulatory framework results in countries losing significant amounts of investment annually. The unit collaborates extensively with the public sector, private sector and other teams across the World Bank Group in the design and delivery of advisory services.

CMA currently operates across the South Asia region, with an active portfolio and pipeline in India, Bangladesh, Nepal, Bhutan, Sri Lanka and Maldives.

In this role, the selected candidate will play a key role in supporting the implementation of CMA’s projects and business development efforts primarily in Nepal with active business development support in other countries in the region on a need basis.

S/he will work closely with existing IFC CMA team in Nepal, IFC Upstream, Advisory and Investments Team across the industries to support design and implementation of reforms that address bottlenecks faced by investors in IFC’s priority sectors, using a variety of WBG tools and offerings and build new business in line with the WBG/IFC country strategy, and support delivery of high-quality Advisory engagements to the Government and the private sector primarily in Nepal. S/he will work closely with key stakeholders, country management, in supporting delivery of WBG/IFC country strategy and high-quality advisory engagements.

The selected candidate will report to the Operations Officer in Nepal and CMA SA Manager.

Roles and Responsibilities

• Support implementation of CMA’s projects in Nepal and support developing high quality project concept, implementation, supervision and completion documents and provide quality control over client deliverables.

• Draft deliverables that include analysis, training materials, best practice guides, standards, and papers or presentations containing recommendations to improve client performance.

• Provide cross support to other projects and countries in South Asia on needs basis and facilitate complementarities between WB, other IFC departments and CMA.

• Support and co-lead CMA pipeline development and design of related project documents (D&S/CN) in close collaboration/jointly with relevant IFC CMA, industry/upstream teams in the area identified as IFC priorities in Nepal.

• Knowledge and understanding of IFC’s Iportal, policies and procedures, both operational and administrative.

• Support developing of pipeline projects, collect and analyze client and market data to design solutions that will create markets, reform sectors, and improve firm level performance.

• Develop CMA related project documents and collect and validate feedback from peers including industry, sector, product, and ESG specialists as well as legal, M&E, and finance staff.

• Manage straightforward projects to ensure outcomes are achieved within set timeframes and budgets.

• Gather information from external sources on best practices, evolving trends and challenges, and emerging players that can be used to create new knowledge products.

• Support in managing straightforward engagements with clients, including manage client meetings.

• Work with more senior thematic specialists and project leads in CMA in reviewing project proposals to ensure that IFC’s mandate is adequately addressed, and thematic solutions are well-designed to meet client needs.

• Any other responsibilities assigned by the Team Lead/Manager.

Selection Criteria

• Master’s degree in a related field and at least 7 years of relevant experience. Related fields of education include business, finance, or economics. Relevant experience could include a proven track record in implementing projects with Government agencies, business consulting, or operational experience in a sector or technical or professional field in Nepal.

• Able to interact effectively and professionally with clients and stakeholders by timely responding, delivering to their requests and by meeting deadlines.

• Capacity to build productive and mutually beneficial relationships and networks internally and externally to identify business opportunities and resolve issues.

• Excellent written, verbal communication and presentation skills to effectively influence support of clients and stakeholders.

• Ability to organize workshops, training sessions, large disseminations, other relevant events and provide administrative support on budgets, payments, and other required documentation.

• Ability to draft concise and well-organized documents. Able to share valid, concise opinions and observations relevant to project with project leaders.

• Understand and be able to apply basic project management concepts, to ensure assigned projects achieve objectives within deadlines and budgets.

• Strong analytical skills and ability to review inputs from others including consultants and determine how to best package the information for client.

• Experience of working closely with Government officials and the regulators in Nepal. Experience in implementing advisory projects to support private sector development (with public or private sector organizations) will be considered as a plus.

• Motivated and self-driven with excellent people skills.

• General understanding of IFC operations and investment and advisory products and services considered as an advantage.

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 at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three 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 third-year ET appointment are not eligible for future ET appointments.