Senior Country Officer [Chile]

 

Senior Country Officer

Job #:

req22728

Organization:

IFC

Sector:

Administration/Office Support

Grade:

GG

Term Duration:

3 years 0 months

Recruitment Type:

International Recruitment

Location:

Santiago,Chile

Required Language(s):

English, Spanish

Preferred Language(s):

Closing Date:

5/26/2023 (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 in developing countries. In fiscal year 2022, IFC committed a record $32.8 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 global compounding crises.

The IFC Southern Cone Region is seeking an experienced professional as Senior Country Officer to join the team to help build IFC’s activities across all industries in Chile. The position will be based in Santiago, Chile, and will report to the IFC Country Manager for the Southern Cone region.

Duties and Accountabilities:

• Coordinate the development of IFC’s strategy.
• Develop IFC’s brand and overall communication strategy.
• Lead integrated delivery of investment and advisory services to create new market opportunities.
• Establish and maintain working level relationships across IFC, with WBG counterparts, and with private sector clients, governments and other relevant stakeholders to develop business opportunities.
• Oversee integration and delivery of IFC’s investment and advisory activities in Chile to ensure needs of clients and objectives of IFC strategies are met.
• Identify, evaluate and support complex investments and sector projects, by providing critical insights on the country context and the political economy.
• Work on pioneering approaches.
• Share accountability for the quality and performance of IFC’s portfolio in Chile.
• Oversee or supervise assigned staff and consultants.
• Develop assigned staff and members of the broader team through mentoring, coaching, and providing on-the-job learning opportunities.
• Ensure quality control of work products.
• Ensure efficient and effective use of resources.
• Provide input and guidance to the development of IFC’s country strategy and provide substantive input to country diagnostics and WBG strategy documents.
• Participate in the design of approaches and interventions to create upstream markets and the identification of needed market and regulatory reforms.

Selection Criteria

• Master's degree in a related field and at least 8–12 years of relevant experience. Related fields of education include business, finance, or economics or an area of expertise specific to a sector, subject matter, or industry specialty. Relevant experience could include a proven track record in business consulting or investment banking, or experience with a multilateral organization.
• In-depth understanding of how IFC works, and its strategies and priorities.
• Ability to initiate collaborative efforts with WBG organizations to leverage its products and instruments.
• Ability to identify opportunities for collaboration on high value projects and recognize potential COIs based on a good understanding of WBG, IFC (investment and advisory), and WBG products and project requirements.
• Ability to initiate and guide collaborative efforts with WBG organizations to leverage its products and instruments.
• Capacity to understand, enable, and participate in market creation opportunities and interventions to strengthen investment climate by demonstrating long-term perspective, open mindedness, persistence, and good understanding of IFC/WBG roles and value-add in new markets.
• Ability to participate and constructively contribute in meetings with government officials on constraints to private sector investment in Chile.
• Capacity to identify and promote specific interventions to remove or mitigate market creation barriers in sectors and geographies using approaches that go beyond IFC, business line, or industry to enable private sector investment.
• Ability to understand the political context and mindset of government officials.
• Sufficient analytical, financial, credit, integrity assessment, and business skills as well as strategic perspective to intuitively recognize project viability, bankability, and expected sustainable development impact early on, identify portfolio management vulnerabilities, and determine best approaches for managing complex transaction and portfolio risks.
• Industry/Sector Knowledge: Broad knowledge of Chile’s key sectors and industries, including their viability for market growth, and market challenges as well as implications of environmental and social sustainability issues, and how sector dynamics may evolve.
• Ability to tap into and leverage resources with expertise in sectors and industries, including risks, market dynamics, and regulatory structures. Able to read and anticipate shifts in market trends and the implications for IFC’s current and future business.
• Country Knowledge: Demonstrated extensive knowledge of Chile including its politics, history, social dynamics, culture, economics, local markets, and regulatory framework.
• Developing and Selling Solutions: Demonstrated success as a key influencer in bringing integrated solutions to concept review stage where there are significant challenges and competing interests.
• Ability to develop a coherent and compelling storyline or rationale as to why specific deals are proposed and how they fit into IFC’s long-term strategies.
• Negotiation Skills: Capacity to lead negotiations that find common interests upon which to build and result in viable agreements among clients and different stakeholders who initially had conflicting agendas. Ability to offer alternative solutions to capitalize on opportunities and overcome impasses.

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.

 

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