IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries. Established in 1956, IFC is owned by 184 member countries, a group that collectively determines our policies. Our work in more than 100 developing countries allows companies and financial institutions in emerging markets to create jobs, generate tax revenues, improve corporate governance and environmental performance, and contribute to their local communities. IFC’s vision is that people should have the opportunity to escape poverty and improve their lives.
Duties and Responsibilities
- The Operations Officer will be responsible for the origination and implementation of FIG Upstream/Advisory engagements in the North, West and Central Africa regions, working closely with Investment Services and with a focus on Digital Financial Services. He/she should be capable of delivering substantial and measurable results related to increasing access to financial services for SMEs in various sectors.
- The Operations Officer should have extensive experience in the financial services sector especially in digital financial services either in a Bank, Microfinance Institution, Fintech or in Consulting in a related area, They should have a demonstrated track record in successfully designing, implementing, and managing projects emerging markets and should have worked with a broad range of stakeholders.
- The Operations Officer will support FIG Upstream and Advisory to originate and manage upstream/advisory engagements that contribute to the delivery of substantial and measurable results in Africa including in enabling Investments particularly in Digital financial services.
Specific roles and responsibilities include:
Business Development:
- Lead new business development including originating leads, gap analysis, proposal development and negotiation to sign new FIG US/AS engagements that in most cases, enable Investment.
- Support clients in thinking through and implementing DFS strategies through use digital transformation and financial modelling tools;
- Conduct gap analysis on client capabilities and provide recommendations for areas of investment to support the DFS initiatives.
- Support in the financial analysis of potential clients and structuring of investment transactions as required
- Using an iterative project design process, assist clients in developing business plans, project budgets and implementation plans for DFS projects;
- Support IFC Investment efforts, by interacting with the Financial Institutions Group and other relevant investment departments. This will include supporting the vetting of potential investment clients, pipeline identification and participation in joint investment-advisory appraisals, where appropriate.
- Project Management and Technical Support: Resource and manage project teams to successfully deliver a broad range of strategic advisory engagements in the areas mentioned above. Tasks include resource and activity planning, budgeting, team management, quality assurance, timeliness of delivery, KPI monitoring and reporting, as well as development of internal documentation such as drafting project concept notes, agreements, donor reports and updating of the internal systems. Monitor and review project implementation, scope of work and resources deployed, to ensure project qualitative and quantitative milestones are achieved, and corrective actions taken when necessary. Manage client relationships, meeting on a regular basis to assess project progress; continually anticipate and respond to client needs to ensure client satisfaction. Ensure the project is in adherence to IFCs development objectives and enforce use project management tools, governance tracking and reporting systems.
- Knowledge management - Actively contribute to IFC’s Upstream and Advisory knowledge management agenda pertaining to digital financial services, payments and financial inclusion including contribution to and participation in knowledge sharing events;
- Thought leadership - Support thought leadership through contribution to research, articles, assisting in conducting conferences and other knowledge management events, including speaking engagements, training activities that demonstrate IFCs expertise in the DFS area.
Selection Criteria
- Masters level degree in business, engineering, finance or equivalent technology related qualification;
- At least 8 years of experience in financial services with at least 4 years of experience of leveraging technology to expand financial services.
- Excellent client relationship skills, with an ability to engage in strategy discussions at senior management levels in Banks and Non-Bank financial institutions including Fintechs/Payment Service providers
- Experience in implementing technology driven solutions for the financial sector and familiarity with international best practices and global trends in digital financial services and payments systems.
- Strong oral and written communication skills,
- Strong familiarity with regional trends in Africa and knowledge of the key countries/ markets in the region.
- Experience pitching designing, and implementing advisory programs in the region, gained in a financial institution or with a consultancy firm; experience working in at least 2 - 3 countries across regions is a plus.
- Willingness and ability to travel extensively.
- Ability to communicate ideas clearly and confidently, and credibly represent IFC with clients and stakeholders, including at the senior management level, in both the public and private sectors.
- Good team-focused attitude, strong sense of accountability and capacity to work effectively in a multi-disciplinary environment and work independently within tight deadlines.
Method of Application
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