E T Consultant

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 2023, IFC committed a record US$43.7 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 Legal Department of IFC (CLED), under the General Counsel and Vice President, Risk & Sustainability, is responsible for providing legal and policy advice to the IFC Board, its Management and client departments on investment, operational, advisory and corporate matters. Specifically, CLED supports client departments in the delivery of IFC’s annual program of financing private sector projects in emerging markets, advisory services, as well as early stage engagements and pre-investment project development work to identify opportunities for private sector investments and creating markets (“Upstream”); project portfolio management (including jeopardy projects and projects in litigation); the delivery and design of structured finance products, sub-national lending, equity and quasi-equity, public-private partnerships, and investments in funds, as well as platform products; advising on corporate policy and operational matters; and (v) knowledge management and training. To support IFC’s activities in Latin America and the Caribbean (LAC), CLED is recruiting a qualified and senior Extended Term Consultant (“ETC”) to be based in São Paulo, Brazil. The ETC will report to the LAC Assistant General Counsel.

ROLES AND RESPONSIBILITIES:

The successful candidate should be able to assume primary lawyer responsibility, work autonomously and exercise independent judgment on investment transactions, advisory projects and Upstream engagements, in the financial and real sectors and follow-on investments with existing clients. This includes advising internal clients at the business development stage, term sheet stage, and drafting, reviewing and negotiating the relevant legal documents. The successful candidate is expected to have senior expertise to deal with complex projects on an independent basis, based on the guidelines applicable to IFC.

The ETC will have the following duties and responsibilities:

General Duties • Provide legal assistance on investment transactions (such as loans, equity and quasi-equity deals and investment in funds), advisory and Upstream projects, including elaborating, reviewing and negotiating legal documents, as well as handle portfolio work. • Oversee work produced by administrative and more junior staff in the Legal Department. • Update guidance, manage precedents, and work on legal and IFC policy research; • Be knowledgeable about the laws of at least one relevant jurisdiction in the region (Brazil required) related to commercial and company law, banking and finance. • Have demonstrated the competence and seniority needed to satisfactorily perform a variety of different and complex assignments to support the Legal Department. • Track record of working on (i) complex corporate and commercial transactions handled independently (ii) advice to clients on structuring, innovation and policy matters and (iii) leadership role in non-project assignments and initiatives and legal subject matters. • Demonstrated ability to assume multiple roles and tasks to meet changing business needs with an ability to foresee, troubleshoot and effectively resolve conflicting issues and challenges. • Demonstrated ability to assess risk in a practical manner and make fair, well-reasoned, independent and transparent decisions. • Outstanding knowledge of IFC’s business, policies, practices and procedures.

Research • Be proficient in the use of varied legal research sources, i.e., information databases, internet services, library sources. • Have proven legal analytical skills, as demonstrated through research and analysis of a wide range of legal issues and the ability to present results/ recommendations clearly and concisely.

Productivity • Have the ability to advocate positions and explain them to internal and external clients orally and in writing. • Have the ability to manage a number of projects/ tasks at the same time. Communication • Interact and effectively communicate with colleagues in Washington DC and offices in LAC, to share knowledge and experience gained in his/her own projects. • Be able to explain and defend IFC’s position in its investment, advisory and Upstream contracts and develop an approach for successful negotiations. • Effectively communicate corporate policies and objectives to internal and external clients orally and in writing. • Be able to handle communications and articulate instructions to external counsel and external parties and follow-up with them with a view to finalize IFC positions including in terms of drafting documents.

Judgement • Handle the tasks noted above without supervision. • Demonstrate ability to apply good legal judgment in the context of assignments.

Teamwork • Interact effectively within the Legal Department staff, other IFC departments, and senior personnel representing external clients. • Be able to participate in and contribute to departmental working groups and committees.

Mentoring • Actively promote effective transfer of knowledge/skills. • Provide guidance to more junior staff in the Legal Department.

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 2023, IFC committed a record US$43.7 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 Legal Department of IFC (CLED), under the General Counsel and Vice President, Risk & Sustainability, is responsible for providing legal and policy advice to the IFC Board, its Management and client departments on investment, operational, advisory and corporate matters. Specifically, CLED supports client departments in the delivery of IFC’s annual program of financing private sector projects in emerging markets, advisory services, as well as early stage engagements and pre-investment project development work to identify opportunities for private sector investments and creating markets (“Upstream”); project portfolio management (including jeopardy projects and projects in litigation); the delivery and design of structured finance products, sub-national lending, equity and quasi-equity, public-private partnerships, and investments in funds, as well as platform products; advising on corporate policy and operational matters; and (v) knowledge management and training. To support IFC’s activities in Latin America and the Caribbean (LAC), CLED is recruiting a qualified and senior Extended Term Consultant (“ETC”) to be based in São Paulo, Brazil. The ETC will report to the LAC Assistant General Counsel.

ROLES AND RESPONSIBILITIES:

The successful candidate should be able to assume primary lawyer responsibility, work autonomously and exercise independent judgment on investment transactions, advisory projects and Upstream engagements, in the financial and real sectors and follow-on investments with existing clients. This includes advising internal clients at the business development stage, term sheet stage, and drafting, reviewing and negotiating the relevant legal documents. The successful candidate is expected to have senior expertise to deal with complex projects on an independent basis, based on the guidelines applicable to IFC.

The ETC will have the following duties and responsibilities:

General Duties • Provide legal assistance on investment transactions (such as loans, equity and quasi-equity deals and investment in funds), advisory and Upstream projects, including elaborating, reviewing and negotiating legal documents, as well as handle portfolio work. • Oversee work produced by administrative and more junior staff in the Legal Department. • Update guidance, manage precedents, and work on legal and IFC policy research; • Be knowledgeable about the laws of at least one relevant jurisdiction in the region (Brazil required) related to commercial and company law, banking and finance. • Have demonstrated the competence and seniority needed to satisfactorily perform a variety of different and complex assignments to support the Legal Department. • Track record of working on (i) complex corporate and commercial transactions handled independently (ii) advice to clients on structuring, innovation and policy matters and (iii) leadership role in non-project assignments and initiatives and legal subject matters. • Demonstrated ability to assume multiple roles and tasks to meet changing business needs with an ability to foresee, troubleshoot and effectively resolve conflicting issues and challenges. • Demonstrated ability to assess risk in a practical manner and make fair, well-reasoned, independent and transparent decisions. • Outstanding knowledge of IFC’s business, policies, practices and procedures.

Research • Be proficient in the use of varied legal research sources, i.e., information databases, internet services, library sources. • Have proven legal analytical skills, as demonstrated through research and analysis of a wide range of legal issues and the ability to present results/ recommendations clearly and concisely.

Productivity • Have the ability to advocate positions and explain them to internal and external clients orally and in writing. • Have the ability to manage a number of projects/ tasks at the same time. Communication • Interact and effectively communicate with colleagues in Washington DC and offices in LAC, to share knowledge and experience gained in his/her own projects. • Be able to explain and defend IFC’s position in its investment, advisory and Upstream contracts and develop an approach for successful negotiations. • Effectively communicate corporate policies and objectives to internal and external clients orally and in writing. • Be able to handle communications and articulate instructions to external counsel and external parties and follow-up with them with a view to finalize IFC positions including in terms of drafting documents.

Judgement • Handle the tasks noted above without supervision. • Demonstrate ability to apply good legal judgment in the context of assignments.

Teamwork • Interact effectively within the Legal Department staff, other IFC departments, and senior personnel representing external clients. • Be able to participate in and contribute to departmental working groups and committees.

Mentoring • Actively promote effective transfer of knowledge/skills. • Provide guidance to more junior staff in the Legal Department.

Selection Criteria

• Law degree from a recognized university and be admitted to practice law in at least one jurisdiction in the region (Brazil required). • Master and/or Ph.D degree from a recognized university. A minimum of 20 years of experience working with cross border transactions, including debt and equity investments, at an international law firm/institution and/or at a local law firm following receipt of law degree. • Independently take on transactions from start to finish, with the ability to work independently with investment staff, external clients, local counsel, and international counsel. • Demonstrated commitment to core values, including excellence, mutual respect, collegiality, teamwork, diversity and inclusiveness, integrity, innovation, transparency and accountability. • Ability to advise business teams on standard legal questions and legal risks. • Ability to understand complex legal issues and to articulate arguments and rationale for them. • Language skills in English and Portuguese. • Effective written and spoken communication and strong interpersonal skills.

NOTE: This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.

• Law degree from a recognized university and be admitted to practice law in at least one jurisdiction in the region (Brazil required). • Master and/or Ph.D degree from a recognized university. A minimum of 20 years of experience working with cross border transactions, including debt and equity investments, at an international law firm/institution and/or at a local law firm following receipt of law degree. • Independently take on transactions from start to finish, with the ability to work independently with investment staff, external clients, local counsel, and international counsel. • Demonstrated commitment to core values, including excellence, mutual respect, collegiality, teamwork, diversity and inclusiveness, integrity, innovation, transparency and accountability. • Ability to advise business teams on standard legal questions and legal risks. • Ability to understand complex legal issues and to articulate arguments and rationale for them. • Language skills in English and Portuguese. • Effective written and spoken communication and strong interpersonal skills.

NOTE: This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.

World Bank Group Core Competencies

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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.