Job Abstract

Senior Adviser to the Vice President

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 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 Risk & Finance Vice Presidency Unit (VPU) manages both financial and non-financial risks. It ensures that IFC is sufficiently capitalized and financially sustainable to grow its operations through prudent risk management at the corporate, portfolio, project, and client levels. It strives to set risk management and environmental, social and governance (ESG) standards that support sustainable private sector development in emerging markets. The VPU provides “transactional” risk management expertise that protects IFC’s financial sustainability and reputational interest as well as broader “corporate” financial risks expertise through IFC’s capital adequacy and its financial accounting and controls functions.


The Risk & Finance Vice President seeks an Adviser, based in Washington DC, who will be involved in all aspects of the VPU’s work. The position requires maturity, diplomacy, teamwork, business acumen, judgment, decision making, communication skills, and a deep commitment to IFC’s mission.

Duties and Accountabilities:

• Manage the VP's daily workflow, together with the front office, to ensure that the VP is adequately briefed and apprised of important issues as they arise.
• Support the VP in all job aspects, including setting VPU's objectives and strategy; budgeting; workforce planning; and analysis and recommendations on issues for VP attention.
• Attend meetings with or on behalf of the VP. Ensure appropriate follow-through on actions, decisions, and commitments by working with the parties responsible for implementation.
• Represent the VPU as needed in ad-hoc working groups/task forces.
• Participate in the VPU leadership team and nurture relationships with VPU staff to stay abreast of relevant business and HR matters.
• Work with the VPU leadership and HR Business Partner to prioritize recruitment and diversity & inclusion targets.
• Prepare correspondence, memoranda, briefings, and presentations.
• Work closely with relevant secretariats: IFC Management Team, Tier III Project Committee (T3PC), and Corporate Risk Committee (CRC) secretariats.
• Coordinate with the front office, including the other Senior Advisor, and the communications leads on all communications, travel, and events (VPU-wide, internal World Bank, or external).
• Maintain regular contact both informally and formally with a wide range of staff,
• Directors and managers, to stay abreast of emerging issues
• ED advisors to understand their priorities
• Front offices of IFC VPs or the Managing Director
• WBG MDCFO and IBRD Chief Risk Officer, plus their respective front offices.

Selection Criteria

• Master’s degree with at least 12 years of relevant experience
• Knowledge of IFC operations, balance sheet, technical streams (e.g., Credit, Risk, and Investments)
• Knowledge of IFC treasury liquid assets investment products and funding strategy is a plus
• Commitment to the World Bank’s mission, strategy, and values
• Flawless integrity and the highest ethical standards
• High degree of tact and discretion in dealing with internal and external persons at all levels and in handling confidential or sensitive information
• Demonstrated teamwork, people management skills, and client orientation
• Demonstrated capability to quickly identify and establish key networks and relationships
• Capacity to work independently, with demonstrated organizational and analytical skills plus an eye for detail
• The capacity to follow up systematically and efficiently on a broad set of initiatives and decisions
• Proven ability to produce high-quality work within tight deadlines, effectively prioritize work among competing demands, and adapt to the unexpected
• Excellent oral and written communication skills
• Ability to make fair, well-reasoned, independent, and transparent decisions
• Ability to leverage technology to enhance productivity and efficiency
• Flexibility in work hours to accommodate the demands of the role

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.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.