Wednesday, 3 May 2017

Program Manager Job at International Finance Corporation (IFC)

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity.Program Manager Job at International Finance Corporation (IFC) 

Job Title: Program Manager 

Location: To Be Determined

Job description
The International Finance Corporation (IFC) is the private sector arm of the World Bank Group (WBG). Its mission is to promote sustainable private sector investment in developing and transition countries, helping to reduce poverty and improve people's lives. IFC finances private sector investments in the developing world, mobilizes capital in the international financial markets, helps clients improve social and environmental sustainability, and provides technical assistance, and risk mitigation services to businesses and governments. IFC finances projects that are commercially viable and environmentally and socially sound, and investments entail both direct investments into private sector companies, as well as support for on lending through Financial Intermediaries. IFC’s Environment, Social and Governance Department (CES) ensures that the Corporation’s activities meet the requirements of its Policy on Social and Environmental Sustainability. 

The World Bank Group Finance & Markets Global Practice structures and implements comprehensive financial sector solutions that bring together World Bank knowledge, finance (loans, credits, guarantees) and risk management products, and IFC advisory and investments in private sector firms. IFC’s CES department in collaboration with the F&M Practice Group for CAF have commenced implementation of the Environmental and Social Risk Management Program (ESRM) in Sub-Sahara Africa and seeks to employ a Program Manager. ESRM is a phased 3-year program that will support the enabling environment and build market capacity for improved E&S performance of FIs and their clients working with local partner organizations in six selected countries (Nigeria, South Africa, Cote D’Ivoire, Kenya, Ghana and Senegal). Through direct engagement with the regulator and other institutions driving standards at the market level, the program aims to influence E&S policy/regulatory change. In parallel, the program will focus on building capacity of financial institutions and local consultants, who will service the needs of African FIs to improve E&S performance. The project composes of the following 3 components:Component 1: Creating the Enabling Environment by working with government and/or industry associations to enhance E&S regulatory frameworks and standards for FIs
  • Engaging with Central Banks and other relevant organizations to support the adoption and application of minimum E&S standards for the banking sector in the market

  • Development of policy frameworks and guidelines for implementation by FIs based on the desired approach within each countryComponent 2: Building Market Capacity to support the implementation of E&S standards and best practices by FIs

  • Establishment of long-term strategic partnerships with capacity building organizations ( e.g. training institutes, banking association) and consulting companies who will be responsible for delivering E&S training programs to FIs on a commercial basis

  • Provision of training to local consulting companies and initial partner capacity building to ensure that they are equipped with the knowledge and tools to support financial institutions

  • Development of courses and respective circular for partner organizations incorporating E&S risk management into their training courses for financial institutions’ staff and management that will be provided by the partner organizations after the program completion Component 3: Awareness Raising and Information Dissemination among FIs

  • Organization of a series of awareness raising seminars to disseminate information and best practices on sustainability related topics and for cross-regional knowledge sharing among key practioners and stakeholders

  • Establishment and development of country specific sub-portals of the FIRST for Sustainability website (www.firstforsustainability.org) including all locally relevant materials and information tailored to the country specific needs and demands


Duties and Responsibilities


The responsibilities of the Investment Analyst include but are not limited to:


Project Management Support (50% of time):
  • Ensure CES and FM management are adequately informed on program implementation and key issues across all program countries

  • Recruit, monitor and manage technical firms and consultants in the various country offices

  • Engagement and follow up with local partners in selected program countries (e.g. South Africa, Ghana) and cross-support to other program countries as needed, including leading discussions on activities to be supported, preparation of project implementation plans, development of cooperation agreements and execution of all project activities

  • Prepare project status reports for selected program countries and ensure supervision reports for all program countries, including ASOP and M&E framework updates are submitted in time in accordance with IFC’s AS operational guidelines

  • Manage the project budget for all project countries/components and undertake procurement for all activities financed under the project

  • Working with donor team to manage current project donor relationship, including (but not limited to): preparing donor reports, attending meetings, and managing donor relationships in local country offices, support fundraising

  • Provide support to the SBN and annual meetings including engagement with participants from SSA region (invitations, visas, etc)

  • Work closely with the Knowledge Management team in the development of FIRST for sustainability country specific sub-portals

  • Undertake any other project management tasks as requested Technical Support (50% of time):

  • Support the team in the preparation and delivery of all program activities to implement the project across Sub-Sahara Africa (e.g. prepare technical inputs and feedback on sector-wide guidelines developed, support clients in development of course materials, FIRST sub-portal developments, regional conferences)

  • Development of training materials and delivery of workshops for consultant firms, regulators, banks and other program beneficiaries in the assigned program countries and the other ESRM countries as needed

  • Work closely with the ESRM Project Team based in Johannesburg, South Africa and Lagos, Nigeria; and liaise as necessary with the global ESRM product team in DC, and provide inputs/feedback to help improve global product design and strategy. Participate in calls with the ESRM practice group to provide timely update on the ESRM in Africa and share lessons learnt with other regional teams; Support SBN outreach in the region


Selection Criteria



  • Post-graduate or graduate degree in relevant discipline (environmental, social sciences)

  • Minimum of 10 years of practical experience in working with the Financial Sector on environmental and social risk management

  • Experience in project and team management

  • Demonstrate understanding of the concept of management systems in general, and environmental and social management systems in particular

  • Familiarity with financial sector products, financial institutions, private equity funds and how these operate, as well as sustainable finance opportunities

  • Demonstrated track record of designing and delivering training on E&S for Financial Institutions

  • Familiarity with IFI approaches to FIs and their development agenda

  • Experience/familiarity with indicators capturing effectiveness of environmental and social management in the context of FIs

  • Experience and/or familiarity with the IFC Performance Standards is desirable

  • Experience working in Sub-Saharan Africa

  • Demonstrated ability to work across stakeholder/functional groups and across multiple countries

  • Experience and proven ability to work with senior management of governmental institutions, industry associations and financial institutions

  • Good interpersonal skills and ability to work in a multi-disciplinary and multicultural team

  • Ability to work under pressure and handle multiple tasks simultaneously

  • Excellent English communication and presentation skills

  • Fluency in French highly desirable
How to apply
Interested candidates should;
Click here to apply


Application Deadline Date
22nd May, 2017.


IFC values diversity and encourages all qualified candidates who are nationals of IFC member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Sub-Saharan African nationals, Caribbean nationals, and female candidates are strongly encouraged to apply.

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