Country Officer
Job #: req30611
Organization: IFC
Sector: Operations
Grade: GG
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment
Location:
Cairo,Egypt
Required Language(s): English
Preferred Language(s): Arabic
Closing Date: 12/24/2024 (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.
International non-profit job openings
IFC is recruiting a Country Officer who, working closely with the Country Management Unit (CMU) in Egypt, will promote and coordinate IFC’s investment and advisory activities in the country, ensuring the integrated delivery of IFC products and services and maintaining necessary relationships to further those activities. The role requires close interaction with government officials, corporate clients, the private sector, counterparts in the World Bank Group, international organizations, and key internal stakeholders to develop new business, share information, and support the structuring and negotiation of deals.
The position is based in Cairo. The selected candidate will be reporting to the IFC Regional Director for North Africa and the Horn of Africa, while working under the direct supervision of the IFC Principal Country Officer for Egypt.
Roles and Responsibilities
- Support the Country Management Unit (CMU) in all aspects of IFC’s country operations in Egypt and help identify and evaluate potential assignments that meet IFC’s commercial and developmental objectives, in close coordination with relevant industry and global practices teams.
- In close cooperation with CMU and Country Advisory and Economics (CAI) teams, and in conjunction with Global and Regional Industry teams, support stakeholder engagement as well as the development and implementation of IFC’s Investment, Advisory and Upstream activities, including country priorities and business targets for key industry groupings areas of focus in accordance with IFC’s strategy in Egypt and the Africa region.
- In coordination with the CAI team, keep abreast of regulatory developments that impact IFC in the country and provide regular input on local economic and business trends for senior management, including advice to Regional Management on key social, political and economic issues, as well as in the development of internal briefs for high level missions, internal conferences and annual meetings.
- Maintain a lead role in the development and implementation of relevant WBG analytical and strategy documents for Egypt, including Country Private Sector Diagnostics (CPSDs), country strategies, Systematic Country Diagnostic (SCDs) and Country Partnership Framework (CPFs), working closely with IBRD and MIGA.
- Develop and maintain contacts within governments and business community to facilitate IFC operations as well as the development of relationships with key stakeholders (governments and private companies), at relevant levels.
- Support the positioning of IFC as the partner of choice to support high development impact projects in the country. Strengthen relationships with key stakeholders (including relevant regulators, businesses, NGOs, PE Funds, and investors) as well as identify and implement measures to improve country results in terms of efficiency, productivity, profitability and impact and increase its contribution to the corporate scorecard.
- Monitor and coordinate partnership with IBRD Country Office and relevant project teams to achieve WBG country high level objectives and goals, including input on Private Sector Development, as well as identify opportunities for joint initiatives and areas of cooperation within WBG.
- Contribute to the IFC business development agenda in Egypt and early-stage project originations for new investments and support the development for upstream and advisory projects.
- Maintain a leading role in undertake necessary early-stage project due diligence to identify and help address sponsor integrity and reputational risks.
- Support the development and progress of investment projects, engage in project financial analysis with investment teams as an integral member for investment and support portfolio teams for the life of the project. Participate in missions, concept review meetings, and appraisal of projects.
- Support the advisory teams to monitor progress and performance of projects and to solve potential problems. egjrPbL BTn6yA
- Support technical, legal, regulatory, financial and commercial assessment of advisory transactions including those related to public private partnership (PPP) transactions and corporate finance advisory.
- Support staff located in
- Cairo, assist Principal Country Officer in managing aspects related to resources and facilities allocated to IFC Cairo Country Office, and contribute to responsibilities related to IFC’s security and crisis management plans in close cooperation with IBRD.
International non-profit job openings
Selection Criteria
- MBA or equivalent qualification.
- Minimum 10 – 12 years’ experience, with at least 6-years of these in senior level experience in business consulting, strategy, project finance and/or infrastructure economics, with good knowledge, networks and proven credibility in Egypt, Middle East, or North Africa business community and governmental organizations and institutions.
- Strong networks that will enable the candidate to quickly generate constructive relationships within government.
- Understanding of Private Sector Development trends and key issues, and experience in working with different economic sectors sub-sectors.
- Experience working within government or extensively on government projects is a plus.
- Understanding of PPPs and different structures for engaging the private participation in the delivery of infrastructure services.
- Comfort with relatively frequent travel within Egypt.
- Intermediate skills in MS Office (Word, PowerPoint and Excel).
- Excellent communication skills in English, both in written and oral; ability to convey ideas and positions clearly; strong presentation skills;
- Communication skills in Arabic are highly desirable but not required.
- Motivated and enthusiastic about the opportunities and challenges of working in Egypt and Africa to achieve sustainable development.
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.
More Information
- Job City Cairo, Egypt