| Job #: | 130888 |
| Title: | Operations Officer - Climate Finance |
| Job Stream: | Investment |
| Location: | Washington, DC |
| Closing Date: | 04/26/2013 |
| Background / General description: | |
| The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is a global investor and advisor committed to promoting projects in its developing member countries that are economically beneficial, financially and commercially sound, and environmentally and socially sustainable. IFC finances private sector investments, mobilizes capital in the international financial markets, helps clients improve social and environmental sustainability, and provides technical assistance and advice to governments and businesses in the developing world. IFC manages approximately US$650 million of Climate Change concessional donor funds which can be invested alongside IFC financing in climate related investment projects and advisory services programs. These funds are invested at concessional terms as loans, guarantees and equity, and are meant to address market barriers that prevent the wide scale adoption of climate change and biodiversity related private sector investments. These funds are deployed alongside IFC's own resources to catalyze and accelerating climate smart investments that would not otherwise happen without some concessional element. Funds under management are primarily sourced from donors through bi-lateral or multi-donor facilities, such as the Global Environment Facility (GEF), the Climate Investment Funds (CIFs) or new mechanisms tied to the UNFCCC process. The team is comprised of two main functions: First, to provide comprehensive donor management for multi-donor and bi-lateral funding provided to IFC. Second, due to the concessional nature of the funds, the team includes the investment structuring function for deploying these funds alongside IFC’s own. Currently, the team is seeking to hire a seasoned Operations Officer to assist in the coordination and support of the unit’s donor management, reporting, communication and outreach activities. S/he will report to the Head of the unit. | |
| Duties and Accountabilities: | |
| The Operations Officer will operate as a member of the team based in Washington, DC. In this capacity, his/her responsibilities will include the following: • Support all donor management for concessional funds deployed by the team. Work with the donor management Team Leader to ensure the unit is meeting its operational and financial requirements, and being a key member of the team that liaises with climate concessional finance donors on a regular basis. • Along with the Team Leader, oversee GEF portfolio and program, including support to project teams on operational issues and prepare the production of the Annual Monitoring Report (AMR) to the GEF. • Monitor and troubleshoot with donors portfolio projects that may require adjustments to donor approvals. This may include participating in negotiations and restructurings of programs, developing corrective actions. • Facilitate as required mid-terms reviews and project and program evaluations required by donors. • Coordinate, prepare, and guide IS and AS teams to develop program proposals for the Climate Investment Funds (CTF, PPCR, SREP, and FIP). • Ensure program and project-level compliance with IFC, client, and donor reporting requirements and with wider World Bank Group and donor policies. • Coordinate and facilitate financial and operational audits and external evaluations required by funding sources/donors. • Develop and maintain direct relationships with high level counterparts in the public and private sector on issues related to IFC’s concessional finance activities in climate change. • Ensure coordination and communication with internal and external stakeholders on issues related to concessional climate funds managed by IFC, as appropriate, including organizing donor meetings and events, for donor partners. • Develop communications material for donors and contribute to other communication materials on IFC’s climate concessional program as needed. | |
| Selection Criteria: | |
| 7-10 years of relevant experience Master’s degree in a relevant discipline (business, economics, international development, communications, political science); Experience that provides insights in the workings of international organizations, bilateral agencies and donors, and the global context of climate development finance; Experience of working in renewable energy, energy efficiency or cleaner production programs with knowledge of current issues, challenges and opportunities in implementing climate investments; Must have demonstrated ability to methodically and efficiently synthesize large volumes of information from diverse sources (tacit and codified) to compile data, prepare quantitative and qualitative management reports and present concepts, ideas, etc. for presentation to senior managers; Proven writing and editing skills and strong command of English, with an ability to convey complex ideas in a clear, direct and lively manner; Strong analytical and problem solving skills; sound business judgment to identify issues and present creative and practical solutions; Excellent computer skills and ability to use standard technology packages, including the Microsoft Office suite (Word, Excel, PowerPoint); and web content management; Good understanding of IFC, its mission and activities; Productive and comfortable at multi-tasking, with the capacity to work under pressure; capable of initiative and working independently under limited supervision, and Good team player who can build good relationships and mobilize colleagues to complete projects within tight deadlines. Applications must be submitted online. Only those candidates selected for interviews will be contacted. Candidates can check the status of their applications by visiting www.ifc.org/careers. | |
** Applications must be submitted online. Only those candidates selected for interviews will be contacted. Candidates can check the status of their applications by visiting www.ifc.org/careers.
