Operations Officer

hace 2 semanas


Panamá, Panamá, Panamá World Bank Group A tiempo completo

Job #:

- req27178
Organization:

  • IFC
    Sector:
  • Operations
    Grade:
  • GF
    Term Duration:
  • 3 years 0 months
    Recruitment Type:
  • Local Recruitment
    Location:
  • Panama City,Panama
    Required Language(s):
  • English, Spanish
    Preferred Language(s):

Closing Date:

  • 5/3/2024 (MM/DD/YYYY) at 11:59pm UTC
    Description


Sound financial systems underpin economic growth and development, and are crucial to the World Bank Group's mission of alleviating poverty and boosting shared prosperity.

Also, tapping into capital markets is needed to attract additional sources to help finance global development goals, which are projected to require.


Income inequality in Latin America and the Caribbean remains high, despite significant progress the region has made in reducing poverty over the past few years.

IFC works to foster inclusive growth, boost innovation, and strengthen regional integration.

In the fiscal year ended in June 2020, our long-term investments in the region totaled a record $7.1 billion, including a record $4 billion mobilized from other investors, enabling investments to foster sustainable growth across the region, create jobs and fight the impacts of the COVID-19 pandemic.


IFC's Country Advisory and Economics Unit delivers on IFC's capital increase commitments by providing a foundation for IFC to increase private sector investment opportunities.

CAE addresses key reform asks in IFC country strategies, complementing World Bank efforts, while strengthening IFC's relationships with client countries in support of the IFC 3.0 Strategy.

Specifically, CAE 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.


IFC's focus in Latin America and the Caribbean is on promoting Inclusive Growth, Competitiveness and Innovation, Regional and Global Integration, and Climate Change.

CAE currently operates across the Latin America and the Caribbean region, with an active portfolio in Brazil, Colombia, Dominican Republic, El Salvador, Eastern Caribbean States, Guatemala, Haiti, Honduras, Jamaica, Paraguay, and Peru.


ROLES AND RESPONSIBILITIES:

Client and Stakeholder Management:

  • Participate in senior level client meetings to provide technical advice and monitor progress in implementing financial sector reforms and conduct new business development in line with client and market needs as well as IFC priorities.
  • Leverage relationships with Government officials, private sector and World Bank Group staff to design and implement reforms targeting the financial sector, using existing or new projects and tools to support reform implementation.
  • Communicate with senior level clients of the Government, banking sector and other private sector entities to articulate the case for reforms that can unlock new investment opportunities in the market.
  • Work collaboratively with the IFC country offices and internal business anchors ( Investment/Upstream/Advisory) to orient CAE engagements toward building a 35 year pipeline of investment projects and provide solutions to key portfolio clients.
  • Engage with the relevant teams at the World Bank and IFC to leverage synergies, develop joint initiatives and strengthen collaboration to implement reforms needed to unlock new markets and work collaboratively across IFC.
  • Engage proactively with donor partners to report progress on donor funded programs and develop new fundraising proposals.
***
Design and Operationalize Solutions:
  • Collaborate within CAEE as well as industry specialists in the identification and design of financial sector reforms to mobilize private investment in LAC as needed.
  • Review and contribute to the development and approval of relevant project documents such as Concept Notes, Implementation Plans, Project Supervision Reports (PSRs) and Project Completion Reports (PCRs) and client deliverables to ensure standards and objectives are met.
  • Improve the design and delivery of client solutions by incorporating global best practices and lessons from past. Partner with results team in developing appropriate theories of change and results frameworks and indicators to strengthen the development impact and sustainability of client solutions and continuously learn from client projects/ engagements.
  • Ensure high quality of project management, project supervision and completion documents and provide quality control over client deliverables. Moreover, support client in implementing recommendations and help trouble shoot as n


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