E T Consultant

Contract

This is a World Bank Group grade: EC1 contract. More about World Bank Group grade: EC1 contracts.

E T Consultant

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 in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org

Private sector financial development is essential to the promotion of successful and sustainable economies in low and middle-income countries around the world. Sound and efficient financial markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth. IFC’s goal is to prioritize investment in the financial sector because it promotes development in all other sectors.

The Financial Institution Group (FIG) is one of the major industry groups at IFC responsible for managing roughly 40% of IFC’s overall business in terms of volume, capital at risk, profitability, and development reach. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, Global Trade Finance, and other areas. FIG provides investment and advisory solutions to hundreds of financial intermediaries in emerging markets to enable them to play a positive role in economic growth. FIG’s advisory services are closely coordinated with investment operations and help banks and Financial Institutions (FIs) to build or improve their operations in several areas, including Sustainability and Climate Finance.

Climate Business is one of the strategic priorities of the WBG, and IFC has set itself a very ambitious climate action plan and reach a climate target of 35% of total investments from 2021 to 2025 (including energy efficiency, renewable energy, cleaner production and resource efficiency, waste and wastewater management, and green buildings). To contribute to those targets, FIG has already quadrupled its climate finance investments over the last three years, working with FIs to scale up their financing of climate friendly projects. The team comprises of technical specialists, investment and operations officers and project managers who provide investment services (IS) and advisory services (AS) to financial institutions. The focus is to support IFC’s client banks and non-bank financial institutions build viable and scalable climate finance operations, leveraging capital markets as well as their client base and partnerships with various market players to promote mitigation and adaptation to climate change.

IFC is seeking to hire a highly motivated analyst to support the FIG Climate Finance Specialist in Latin America (FIG LAC Climate team), in the research, execution and supervision of current and potential investment initiatives in the Latin American region, among other related activities. The FIG LAC Climate Team provides investment and advisory services to financial institutions in the region to increase climate finance, which is supported by market information, knowledge, among other activities that aim to increase climate lending in the region and mitigate climate -related financial risks.

Duties and Accountabilities:

An E T Consultant, to be based in LAC, is expected to carry out the following climate-related activities: • Undertake data research on climate finance, regulations, as well as instruments such as green bonds, sustainability bonds, and other climate thematic bonds, among others; • Participate in and support the process of business development activities, market opportunities scoping, and presentation slide decks needed for the internal investment cycle; • Support the planning, coordination, organizing and carrying out of specific climate finance activities such as the blue finance program or business development activities; • Research, develop and present market information related to climate business potential in the region, for specific countries and sectors, as needed; • Support the monitoring of current internal projects, as well as support the development of internal project supervision reports, donor reports and internal updates, as needed; and • Prepare presentations and communication materials to disseminate results and accomplishments.

An E T Consultant may support other initiatives with previous coordination with the FIG LAC Climate Team.

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 in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org

Private sector financial development is essential to the promotion of successful and sustainable economies in low and middle-income countries around the world. Sound and efficient financial markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth. IFC’s goal is to prioritize investment in the financial sector because it promotes development in all other sectors.

The Financial Institution Group (FIG) is one of the major industry groups at IFC responsible for managing roughly 40% of IFC’s overall business in terms of volume, capital at risk, profitability, and development reach. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, Global Trade Finance, and other areas. FIG provides investment and advisory solutions to hundreds of financial intermediaries in emerging markets to enable them to play a positive role in economic growth. FIG’s advisory services are closely coordinated with investment operations and help banks and Financial Institutions (FIs) to build or improve their operations in several areas, including Sustainability and Climate Finance.

Climate Business is one of the strategic priorities of the WBG, and IFC has set itself a very ambitious climate action plan and reach a climate target of 35% of total investments from 2021 to 2025 (including energy efficiency, renewable energy, cleaner production and resource efficiency, waste and wastewater management, and green buildings). To contribute to those targets, FIG has already quadrupled its climate finance investments over the last three years, working with FIs to scale up their financing of climate friendly projects. The team comprises of technical specialists, investment and operations officers and project managers who provide investment services (IS) and advisory services (AS) to financial institutions. The focus is to support IFC’s client banks and non-bank financial institutions build viable and scalable climate finance operations, leveraging capital markets as well as their client base and partnerships with various market players to promote mitigation and adaptation to climate change.

IFC is seeking to hire a highly motivated analyst to support the FIG Climate Finance Specialist in Latin America (FIG LAC Climate team), in the research, execution and supervision of current and potential investment initiatives in the Latin American region, among other related activities. The FIG LAC Climate Team provides investment and advisory services to financial institutions in the region to increase climate finance, which is supported by market information, knowledge, among other activities that aim to increase climate lending in the region and mitigate climate -related financial risks.

Duties and Accountabilities:

An E T Consultant, to be based in LAC, is expected to carry out the following climate-related activities: • Undertake data research on climate finance, regulations, as well as instruments such as green bonds, sustainability bonds, and other climate thematic bonds, among others; • Participate in and support the process of business development activities, market opportunities scoping, and presentation slide decks needed for the internal investment cycle; • Support the planning, coordination, organizing and carrying out of specific climate finance activities such as the blue finance program or business development activities; • Research, develop and present market information related to climate business potential in the region, for specific countries and sectors, as needed; • Support the monitoring of current internal projects, as well as support the development of internal project supervision reports, donor reports and internal updates, as needed; and • Prepare presentations and communication materials to disseminate results and accomplishments.

An E T Consultant may support other initiatives with previous coordination with the FIG LAC Climate Team.

Selection Criteria

• Undergraduate degree in one or more of the following areas: Finance, Economics, Business Administration, environmental Science, Engineering, or related field. Master’s degree in these areas is preferred. Additional professional work experience in relevant areas could be considered in place of a Master’s degree. • Professional experience of at least 3 years in areas related to Sustainable Finance; additional experience will be considered as a plus for the selection evaluation. Experience in project review, evaluation or coordination of sustainable energy projects will be positively evaluated. • Sound knowledge of the financial sector and green finance in LAC. • Excellent presentation skills and ability to present ideas clearly and confidently; • Excellent verbal and written communication skills in English and Spanish • Capacity to multitask, prioritize, achieve targeted results and comply with tasks within agreed timeline and to work under pressure. • Spoken and written communication skills in English and Spanish are required. • Ability to build high-quality presentations (ppt), budgets (excel), manage collaborative working tools and process information and data to produce comprehensive and high-quality reports. • Systematic and strategic thinking, dynamic, proactive and result oriented skills.

World Bank Group Core Competencies

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.

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Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.