Country Officer - Bhutan Job #: req33156 Organization: IFC Sector: Operations Grade: GG Term Duration:ย 3 years 0 months Recruitment Type: Local Recruitment Location: Thimphu,Bhutan Required Language(s): English, Bhutanese Preferred Language(s): Closing Date: 5/28/2025 (MM/DD/YYYY) at 11:59pm UTC
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ย Description
IFC โ a member of the World Bank Group โ 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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.ย
Bhutan became a member of the IFC in 2003, and the IFC established its country office in 2009. ย IFC Bhutan is seeking to recruit a highly motivated, well-organized and experienced Country Officer who will report to the Country Manager and provide full range of operational support to the Country Management Unit.
Roles and Responsibilities
โข ย Build and maintain effective relationships with private sector leaders and government officials, and close relationships with key IFC partners and WBG counterparts in the country office to further IFCโs activities.โข ย Ensure seamless cooperation with World Bank programs and activities within the context of a joint WB/IFC office.โข ย Keep abreast of regulatory and market developments that impact general IFC activities and provide input on local economic and business trends to IFC investment decisions and strategies. Research untapped markets to identify current constraints to private sector investment as input to upstream market creation decisions.โข ย In collaboration with regional teams and strategists, (i) support the formulation and execution of country strategies and diagnostics; (ii) support preparation of briefing materials relating to Senior Management visits and Annual, Spring meetings, and (iii) develop partnerships with WB staff working in the assigned country in order to support World Bank Group objectives.โข ย Support business development efforts for investment projects. Participate in missions, country review meetings and appraisal of projects. Liaise with IFC investment teams to monitor progress and performance of projects to solve potential problems. Work closely with IFC staff in the region in handling client relationships, identifying, analyzing and helping address key country and sponsor reputation risks.โข ย Support the Country Manager in overseeing advisory projects including developing recommendations on approval/no-objection for selection memos, cooperation agreements, MOUs, Advisory Service Agreements, Integrity Due Diligence of IFC Advisory projects to deliver outcomes.ย โข ย Support the Country Manager to ensure IFC representation/involvement in key private sectors, public sectors, development partners and World Bank events and meetings as appropriate, and ensure dissemination of information to relevant staff within the World Bank Group.โข ย Ensure smooth operations of the IFC country office, including security, administration, facilities management, and related services. Liaison and work closely with IFC corporate and World Bank Group with regards to maintaining high standard of IFC office in Bhutan.โข ย Support the development of appropriate communications strategies and assist in developing presentations. Participate in targeted business events and conferences to develop business.โข ย Supervise, as needed, members of broader teams and provide mentoring. Ensure quality control of work products and efficient use of resources.
Selection Criteria
โข ย Minimum masterโs degree in Business, Economics or related field is requiredโข ย 8 to 12 years of relevant professional experience in banking, auditing, relationship management in private sector and/or public sector/technical advisory services, particularly related to private sector development.โข ย Understanding of financing and investment transactions, with demonstrated success in developing client relationships as well as facilitation in sourcing, negotiating, structuring and closing quality investments.โข ย Demonstrated understanding of Bhutan, including politics, history, social dynamics, culture, economics, local markets, and regulatory framework.ย โข ย Deep understanding of sector drivers, business/market development cycles within the country, as well as implications of environmental and social sustainability issues, and how sector dynamics may evolve.โข ย Strong eye for business in identifying potential business partners; capacity to identify gaps and barriers for market creation opportunities in Bhutan by tapping into relevant internal expertise and synthesizing information on local regulatory and economic context, industry/sector structure, and constraints clients are facing to grow their business.โข ย Good analytical, financial analysis, credit, integrity assessment, and business skills to recognize viable projects.โข ย Proven client relationship skills. Track record and ability to focus on client needs effectively. Good at interacting directly and independently with the key counterparts (clients as well as financial, and technical partners).โข ย Strong interpersonal and leadership skills, ability to work successfully in multicultural teams and across boundaries, to build networks across IFC, including the ability to mentor and coach others to achieve results.โข ย Excellent written and oral communication and presentation skills in English.โข ย Excellent organizational, administrative, and time management skills; ability to deliver within tight deadlines.โข ย Willingness and ability to travel.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
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.
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