E T Consultant

Contract

This is a World Bank Group grade: EC1 contract. More about World Bank Group grade: EC1 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 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.

The Financial Institutions Group (FIG) engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas, with both investment and advisory services delivered globally to IFC’s clients through IFC’s global network. FIG has three main objectives: 1) financial inclusion 2) servicing the real economy and 3) mobilizing third-party resources.

The FIG Advisory team manages a portfolio of projects in the LAC region and works in strengthening different aspects of financial institutions’ business, strategy, and operations. An example of our advisory work includes improving credit risk management, developing a value proposition for target client segments, product development, conducting diagnostic and developing a digital banking strategy, developing a gender finance strategy, strengthening the SME business model, among others.

The Digital Financial Services team (DFS) within FIG provides advice to and invests in innovators bringing new solutions to our markets, works with incumbents seeking to adopt new technologies, adapt channels, products and processes, and become more adept in delivering customer-centric financial products and services, and partners with banks, MFIs, NBFIs, and technology and telecom companies to foster greater financial inclusion and reach.

IFC is seeking a motivated E T Consultant to support the FIG advisory DFS program in Latin America and the Caribbean (LAC), in particular in developing and implementing advisory projects with financial institutions. The E T Consultant will work in close collaboration with and report directly to the IFC LAC/Europe FIG Advisory Services Manager, while interacting with Project Leaders and Senior Specialists with a focus on DFS. S/he will be based in Bogota, Colombia or Sao Paulo, Brazil. Some travel may be required.

Scope of work: The E T Consultant will support the advisory team in developing and implementing projects with financial institutions in the LAC region, with a focus on DFS. The activities include, but are not limited to, the following:

1. Business development support: The E T Consultant will help the team in structuring and developing high impact presentations and technical proposals for potential advisory projects with financial institutions and support the team in preparation activities related to originating and launching the project and related to IFC’s project cycle in order to ensure all activities follow IFC governance (e.g: defining project activities and scope of work, implementation plans, research and analysis of the financial sector in a specific market or a specific financial institution, drafting budgets, designing indicator/targets, etc.)

2. Existing project management and implementation: The E T Consultant will support the project lead in advisory projects implementation and client management activities, which can include the elaboration of project workplans and high quality project deliverables, the organization of missions, conducting research and analysis of client information and databases, analyzing and synthesize client information in a clear and concise manner, elaborating quantitative analysis, analyzing financial statements, developing high impact presentations for clients and project supervision reports, among others. The E T Consultant will work closely with project leads to meets financial institutions client expectations and ensure all activities required in IFC’s project cycle are met.

3. Capturing and disseminating knowledge derived and lessons learned from the projects of the IFC FCI LAC.

The E T Consultant may support other initiatives with previous coordination with the Project Lead.

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.

The Financial Institutions Group (FIG) engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas, with both investment and advisory services delivered globally to IFC’s clients through IFC’s global network. FIG has three main objectives: 1) financial inclusion 2) servicing the real economy and 3) mobilizing third-party resources.

The FIG Advisory team manages a portfolio of projects in the LAC region and works in strengthening different aspects of financial institutions’ business, strategy, and operations. An example of our advisory work includes improving credit risk management, developing a value proposition for target client segments, product development, conducting diagnostic and developing a digital banking strategy, developing a gender finance strategy, strengthening the SME business model, among others.

The Digital Financial Services team (DFS) within FIG provides advice to and invests in innovators bringing new solutions to our markets, works with incumbents seeking to adopt new technologies, adapt channels, products and processes, and become more adept in delivering customer-centric financial products and services, and partners with banks, MFIs, NBFIs, and technology and telecom companies to foster greater financial inclusion and reach.

IFC is seeking a motivated E T Consultant to support the FIG advisory DFS program in Latin America and the Caribbean (LAC), in particular in developing and implementing advisory projects with financial institutions. The E T Consultant will work in close collaboration with and report directly to the IFC LAC/Europe FIG Advisory Services Manager, while interacting with Project Leaders and Senior Specialists with a focus on DFS. S/he will be based in Bogota, Colombia or Sao Paulo, Brazil. Some travel may be required.

Scope of work: The E T Consultant will support the advisory team in developing and implementing projects with financial institutions in the LAC region, with a focus on DFS. The activities include, but are not limited to, the following:

1. Business development support: The E T Consultant will help the team in structuring and developing high impact presentations and technical proposals for potential advisory projects with financial institutions and support the team in preparation activities related to originating and launching the project and related to IFC’s project cycle in order to ensure all activities follow IFC governance (e.g: defining project activities and scope of work, implementation plans, research and analysis of the financial sector in a specific market or a specific financial institution, drafting budgets, designing indicator/targets, etc.)

2. Existing project management and implementation: The E T Consultant will support the project lead in advisory projects implementation and client management activities, which can include the elaboration of project workplans and high quality project deliverables, the organization of missions, conducting research and analysis of client information and databases, analyzing and synthesize client information in a clear and concise manner, elaborating quantitative analysis, analyzing financial statements, developing high impact presentations for clients and project supervision reports, among others. The E T Consultant will work closely with project leads to meets financial institutions client expectations and ensure all activities required in IFC’s project cycle are met.

3. Capturing and disseminating knowledge derived and lessons learned from the projects of the IFC FCI LAC.

The E T Consultant may support other initiatives with previous coordination with the Project Lead.

Selection Criteria

• Bachelor’s degree in Business, Economics, Finance, International Development or related fields. • Minimum 3 years of working experience. Consulting experience is preferred and/or experience working in the Fintech space. • Good knowledge and understanding of business planning, work programming and project management. • Knowledge of development and access to finance issues and of relevant World Bank (and similar) approaches for private sector development • Self-starter with ability to problem solve, work independently on routine issues, organize and prioritize work to meet deadlines. • Ability to work under pressure, tight deadlines and have flexibility in handling a variety of concurrent tasks, while keeping attention to detail and producing high quality work • Ability to present information in different and new approaches to facilitate the managerial decision-making processes • Capacity to work effectively in a multi-disciplinary, multi-cultural and fast changing environment • Excellent written and oral communication skills in English, Spanish and/or Portuguese? • Strong computing skills (proficiency required in Microsoft Excel, Word and Power Point; knowledge of collaborative working tools (Miro, Mural, Trello, etc) is a plus. • Good attitude; dynamic, committed and accountable

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.