ย
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 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 IFC is recruiting a Country Officer who will promote and coordinate IFC's investment and advisory activities in Algeria. The role requires close interaction at a high level with the private sector, government, and international development organizations, as well as key counterparts in the World Bank Group (WBG) to develop new business and support the structuring and negotiation of deals.ย
The position is based in Algiers, Algeria, and reports to the Country Manager โ Maghreb and Djibouti.ย ย
Duties and Accountabilitiesย โขย Assist the Country Manager in overseeing IFC activities in the country and the smooth running of the office.โขย Work with the Country Manager to oversee implementation of IFCโs strategy in the country including preparation of business plan updates.โขย Oversee the preparation of WBG strategy documents such as Country Strategies, Country Private Sector Diagnostics, and Country Partnership Frameworks.โขย Develop and maintain a good understanding of the country and key economic and political issues.โขย Work with investment, advisory, upstream, and WBG teams to continue to roll out the IFC 3.0 strategy and develop the project pipeline.โขย Build and maintain strong high-level relationships with the private sector, relevant government officials, key development partners, and WBG colleagues to support business development and portfolio management.โขย Participate in client selection and help ensure that IFC is working with the right sponsors.โขย Assist in project structuring and implementation using local market intelligence.โขย Track the project pipeline and assist in moving transactions forward.โขย Help manage development partner relations to support the raising of funds for advisory and upstream projects.โขย Track and oversee the preparation of visiting missions/trips to the country.โขย Contribute to the preparation of board papers and other documents, as needed.โขย Develop a good understanding of the portfolio, assist with resolving issues, and maintain good relationships with existing clients.โขย Prepare/coordinate high-quality briefs for WBG senior management.โขย Represent IFC externally and provide visibility for IFC through organizing/participating in high profile events (high-level visits, press interviews, seminars, and conferences).โขย Ensure internal and external requests are addressed
Selection Criteria
ย โขย Masters degree, preferably in finance, business administration, management, economics, or a similar field.โขย 10+ years of relevant experience, preferably in areas such as investment or commercial banking, public-private partnerships, management consulting, or operational experience in an investment and/or advisory role.โขย Experience and/or a strong interest in the Africa region is required, and experience in the country would be an advantage.โขย Ability to assess the viability of business opportunities and risks.โขย Ability to think creatively about potential investment opportunities, and to use business development skills to translate such opportunities into bankable projects.ย โขย Strong analytical, finance, financial modeling, credit, and transaction structuring skills is an advantage.โขย Good understanding of IFCโs investment and advisory business lines, their products, how they complement each other, and how they may be leveraged to match the long-term needs of clients and open new markets.โขย Track record in developing and maintaining strong high-level relationships in the private sector, government, and development institutions.โขย Ability to represent IFC externally with the private sector, government, development partners, media, and other stakeholders.โขย Team management experience including supervising, mentoring, and training staff.ย โขย Team player with strong leadership and influencing skills, and track record in working in a matrix structure.โขย Strong client service orientation with an ability to resolve challenging issues.โขย Excellent critical thinking, analytical and presentation skills, and ability to work with or supervise the use of data utilizing standard office software Excel, Word, PowerPoint; and,โขย Excellent written and oral communication skills in English is required. French and Arabic essential.
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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