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.

IFC Disruptive Technologies and Funds (CDF) takes a holistic approach—from ecosystem building to investing directly in ventures and VC funds—with combinations of commercial and concessional capital, and advisory services—to identify, incubate, and scale business models that can have significant impact. Our current portfolio focuses on in high-impact sectors, including Health Tech, Agtech, Climate Tech, EdTech and HR Tech, e-Commerce, e-Logistics and Mobility, and e-Supply Chains.

The CDF Upstream Advisory unit collaborates across IFC to identify and enable access to disruptive technologies with high development impact potential, support entrepreneurship, and enable delivery of IFC’s strategic priorities and commitments, as well as collaborate with the World Bank on relevant programs.

Within these priorities, CDF implements multiple upstream advisory programs such as TechEmerge for identifying cutting-edge technologies and accelerating their adoption in developing countries; SME Ventures (SMEV) for developing local equity capital formation to support high-growth SMEs in traditional and service industry sectors; Startup Catalyst for supporting entrepreneurs through incubators and accelerators with investments and advisory; and ScaleX for increasing the flow capital to female entrepreneurs, improving the enabling conditions for female-led businesses, and entrepreneurial skills development for female business owners .

IFC is now seeking to recruit a qualified Extended-Term Consultant (ETC) to join the CDF Upstream Advisory team, to support the implementation of the overall work program.

Duties and Accountabilities:

The objective of this assignment will be to, in collaboration with the upstream advisory project/program leads and the relevant investment units, support project teams in planning and execution of activities, provide analytical and operational guidance and assistance, support recruitment of technical experts and consultants, and monitor and have a general oversight of implementation activities.

Specific duties and accountabilities include, but are not limited to:

Development of new projects/initiatives

Provide analytical and operational support to program leads/teams to design, document, and process new Upstream Advisory projects and initiatives. This may include supporting the teams in gathering market data analysis and trends of specific sectors at global, regional, or country level; structuring activities in line with IFC policies and procedures; entering and processing program/project level documentation in conformance with IFC’s internal systems.

Portfolio supervision and reporting

Monitor CDF Upstream Advisory project portfolio and provide support to project leads/teams to ensure project information is entered and updated in IFC’s internal systems as required/applicable; this will include timely recording of supervision data (including outputs, outcomes, impact and financials); and periodically producing portfolio reports to CDF Management and other parties as requested.

Procurement (including grant processing)

Support project leads/teams during selection, procurement and processing of payments for services of companies, short-term consultants, and processing of grants in line with IFC/WBG procurement/grants policies and procedures. This may include assuming the role of Task Team Leader for certain assignments with responsibility to review deliverables and approval of payments according to contracts.

Communication

Coordinate communication related activities such as collection of data/information from project teams, preparation of newsletters, special stories, and other publications; work with project leads/teams, corporate/department communications teams and staff/consultants for preparation and implementation of special events (ie. call for technologies); and ensure timely update of information of CDF programs through applicable websites and other channels as required.

Upstream Funds Coordination and Supervision

With finance/accounting, Trust Fund, and other relevant units, ensure setup of required Trust Fund for relevant projects in conformance with IFC/WBG policies and procedures; support project leads/teams in establishing budgets; and periodically review and report on allocations and disbursement.

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.

IFC Disruptive Technologies and Funds (CDF) takes a holistic approach—from ecosystem building to investing directly in ventures and VC funds—with combinations of commercial and concessional capital, and advisory services—to identify, incubate, and scale business models that can have significant impact. Our current portfolio focuses on in high-impact sectors, including Health Tech, Agtech, Climate Tech, EdTech and HR Tech, e-Commerce, e-Logistics and Mobility, and e-Supply Chains.

The CDF Upstream Advisory unit collaborates across IFC to identify and enable access to disruptive technologies with high development impact potential, support entrepreneurship, and enable delivery of IFC’s strategic priorities and commitments, as well as collaborate with the World Bank on relevant programs.

Within these priorities, CDF implements multiple upstream advisory programs such as TechEmerge for identifying cutting-edge technologies and accelerating their adoption in developing countries; SME Ventures (SMEV) for developing local equity capital formation to support high-growth SMEs in traditional and service industry sectors; Startup Catalyst for supporting entrepreneurs through incubators and accelerators with investments and advisory; and ScaleX for increasing the flow capital to female entrepreneurs, improving the enabling conditions for female-led businesses, and entrepreneurial skills development for female business owners .

IFC is now seeking to recruit a qualified Extended-Term Consultant (ETC) to join the CDF Upstream Advisory team, to support the implementation of the overall work program.

Duties and Accountabilities:

The objective of this assignment will be to, in collaboration with the upstream advisory project/program leads and the relevant investment units, support project teams in planning and execution of activities, provide analytical and operational guidance and assistance, support recruitment of technical experts and consultants, and monitor and have a general oversight of implementation activities.

Specific duties and accountabilities include, but are not limited to:

Development of new projects/initiatives

Provide analytical and operational support to program leads/teams to design, document, and process new Upstream Advisory projects and initiatives. This may include supporting the teams in gathering market data analysis and trends of specific sectors at global, regional, or country level; structuring activities in line with IFC policies and procedures; entering and processing program/project level documentation in conformance with IFC’s internal systems.

Portfolio supervision and reporting

Monitor CDF Upstream Advisory project portfolio and provide support to project leads/teams to ensure project information is entered and updated in IFC’s internal systems as required/applicable; this will include timely recording of supervision data (including outputs, outcomes, impact and financials); and periodically producing portfolio reports to CDF Management and other parties as requested.

Procurement (including grant processing)

Support project leads/teams during selection, procurement and processing of payments for services of companies, short-term consultants, and processing of grants in line with IFC/WBG procurement/grants policies and procedures. This may include assuming the role of Task Team Leader for certain assignments with responsibility to review deliverables and approval of payments according to contracts.

Communication

Coordinate communication related activities such as collection of data/information from project teams, preparation of newsletters, special stories, and other publications; work with project leads/teams, corporate/department communications teams and staff/consultants for preparation and implementation of special events (ie. call for technologies); and ensure timely update of information of CDF programs through applicable websites and other channels as required.

Upstream Funds Coordination and Supervision

With finance/accounting, Trust Fund, and other relevant units, ensure setup of required Trust Fund for relevant projects in conformance with IFC/WBG policies and procedures; support project leads/teams in establishing budgets; and periodically review and report on allocations and disbursement.

Selection Criteria

• Minimum of bachelor’s degree in Business Administration, Economics, Finance, Development or similar stream; master’s degree preferred

• At least 5 years of prior relevant work experience (reporting, analytics, data management) with preferred business area related to project planning & analysis, financial management

• Proven ability to synthesize large volumes of information, compile data, and prepare quantitative and qualitative management reports and summarize key messages methodically and efficiently for presentation to senior management

• Proficient in Microsoft Office, particularly Excel and PowerPoint. Experience/knowledge of IFC/WBG policies, procedures and IT systems will be a plus.

• Attention to detail, ability to manage several projects simultaneously, and capacity to work under pressure

• Ability to communicate clearly and concisely both orally and in writing. Proven written and editorial skills and strong command of English, with an ability to convey complex ideas in a clear and concise manner

• Ability to work collaboratively in a fast-paced, internationally diverse work environment; strong interpersonal skills are essential.

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.