Associate Operations Officer

Associate Operations Officer

Job #:
req31299
Organization:
IFC
Sector:
Financial Sector
Grade:
GF
Term Duration:
3 years 0 months
Recruitment Type:
Local Recruitment
Location:
Dhaka,Bangladesh
Required Language(s):
English, Bengali
Preferred Language(s):

Closing Date:
2/4/2025 (MM/DD/YYYY) at 11:59pm UTC

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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.

IFC's Financial Institutions Group (FIG) works through financial institutions to provide much-needed access to finance for millions of individuals and small, and medium enterprises (SMEs) that we would never be able to reach directly. This is an important part of the World Bank Group strategy to end extreme poverty and build shared prosperity.

FIG Asia Pacific provides the strategic investment and advice needed by financial institutions to build a strong, engaged private sector and tackle the region's most pressing development challenges. Our projects support SMEs, climate-smart projects, housing finance, digital finance, and supply chains. We demonstrate the business case for greater financial inclusion, particularly for women and other underserved segments of the community. Our tailored advice helps clients build capacity, strengthen risk management, and diversify and scale their product offerings.
FIG advisory in Asia Pacific leverages IFC's global presence to drive thought leadership and deliver expert advice to our clients towards achieving greater access to finance in our priority markets in the region. Thematic areas of specialization include SME banking, housing finance, digital financial services, climate finance, risk management, and capital markets.

The jobholder will be responsible for supporting the generation and implementation of upstream and advisory engagements in the South Asia region with a focus on Bangladesh. The job holder will a focus on strategic areas as defined in the FIG strategy including housing finance (including affordable, green and resilient housing), DFS (including digital transformation and digitalization of financial services/products offered by financial institutions) and embedded finance. The jobholder will report directly to the country anchor in Bangladesh. He/she will be an integral member of the Bangladesh country team and will work closely with key stakeholders in supporting the delivery of the IFC/WBG country strategy. He/she will also support the thematic leads to drive the delivery of engagements in South Asia.

Roles and Responsibilities:

IFC's FIG upstream and advisory services aim to deliver innovative solutions that support clients in sustainably expanding their presence in underserved markets, in alignment with IFC's country strategies and development objectives.

The primary responsibility of the jobholder is to identify new business opportunities and support the design and delivery of upstream and advisory service projects that operationalize country and thematic mandates, while also contributing to knowledge building, sharing, and capacity building.
The jobholder should manage upstream and advisory projects throughout the project lifecycle, from the pre-implementation phase of identifying the right partner and designing the project, through the implementation phase, to the post-implementation phase of monitoring performance and closing the project.

Main Duties and Responsibilities:

Business Development:

• Support business development efforts in close coordination with the country teams and the regional FIG Upstream and Advisory Services (US AS) team.
• Demonstrate technical expertise and professional knowledge across a broad range of technical areas, effectively communicating this to senior executives. Knowledge in housing finance, DFS and embedded finance will be an added advantage.

Design and Operationalize Solutions:

• Contribute to the development and approval of relevant project proposals and project documents, including concept notes, implementation plans, and budgets.
• Partner with results monitoring and evaluation team to develop appropriate theories of change, results frameworks and indicators to strengthen the development impact and sustainability of client solutions.

Project Executions:

• Develop and manage project budgets, ensuring delivery against established business goals and objectives.
• Develop internal project management documents, including project supervision reports, project completion reports, ensuring high quality and timely delivery.

Staff Supervision:

• Determine resources needed to support projects and ensure efficient and effective use of resources.
• Manage project budgets and align staffing needs.

Create and Share Knowledge:

• Contribute, both externally and internally, to knowledge management of IFC's US AS activities, including capturing, developing and disseminating information, best practices, solutions and project delivery tools.
• Conduct research to shape on-going and future offerings in thematic areas, and develop new tools and guidance to incorporate internal and external best practices.

Build Capacity:

• Design and deliver training and communication strategy for upstream and advisory staff to better enable them to champion thematic areas, and for external stakeholders to generate interest and understanding of their importance and advantageous to businesses, community and/or economy.

Selection Criteria

• Master's degree in business, Finance or Economics, or a related field, or an equivalent professional qualification.
• At least 8 years of work experience in financial institutions. Experience in housing finance, credit analysis and/or digital innovation is highly desirable.
• Strong analytical skills with the ability to design market research and analysis to identify trends, opportunities, and challenges in the financial sector.
• Proven ability to design, negotiate and lead efforts to develop pitches for client that reflect an understanding of the business case for how thematic focus can help clients to improve their business.
• Demonstrated aptitude and ability to design and manage upstream and advisory projects effectively, including the ability to ensure delivery of high-quality project outcomes on time and within budget.
• Ability to identify how changes in markets, business climate, regulations or the emergence of new/successful innovators/disruptors may create new opportunities for IFC to accelerate its mandate in the thematic areas.
• Ability to design research/diagnostic/analytical projects to credibly produce new understanding of a thematic issue and/or potential opportunities to unlock new markets or new streams of business on thematic approaches to better meet IFC and WBG mandates.
• Ability to build positive relationships with a vast array of internal and external stakeholders.

Writing and Presentation Skills:

• Ability to draft documents and project reports (including concept notes, implementation plans, supervision reports, project closure reports, donor reports) that are concise, well-organized, and appropriately focused on the most critical points that are relevant to the target audience.
• Excellent written, verbal communication and presentation skills to effectively influence the perception and support of clients and stakeholders.
• Excellent knowledge of Microsoft Office, including Word, Excel, PowerPoint and aptitude to learn new systems is essential. Proficiency in project management tools is a plus.
• Utilize charts, graphs, and other presentation techniques to communicate complex data and concepts simply.

Language Proficiency:

• Fluency in English and Bengali is mandatory.

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.