Industry Analyst

Industry Analyst

Job #:
req19490

Organization:
IFC

Sector:
Other

Grade:
GE

Term Duration:
3 years 0 months

Recruitment Type:
Local Recruitment

Location:
Washington, DC,United States

Required Language(s):
English

Preferred Language(s):

Closing Date:
10/28/2022 (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. For more information, visit www.ifc.org.

The Trade and Supply Chain Department is one of the industry groups at IFC, with both investment and advisory services delivered to IFC's clients through IFC's global network. IFC's priorities in Trade are: (i) grow investment and advisory solutions in all regions it operates in, while achieving strong profitability and development impact (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.

Global trade is an engine of growth that creates jobs, reduces poverty, and increases economic opportunities. It is a key driver of integration and opportunities for local enterprises in emerging markets and developing countries. Financing trade is fundamental to the movement of goods at all stages of the supply chain and can have a strong development impact in developing countries. IFC's trade finance programs offer guarantees, risk-sharing facilities, loans, and other structured products to support trade in emerging markets. Through these various products, IFC has supported more than 400 financial institutions and thousands of underlying companies in more than 90 countries across all regions of the globe. To date, IFC's Trade and Supply Chain Finance has supported over $200 billion in global trade, all of which is directly linked to the movement of specific goods across emerging market borders.

IFC is seeking an Industry Analyst to support the Global Trade and Supply Chain Team and will be responsible for providing a full range of executive support to the Director, with the highest level of professionalism, diplomacy, and discretion. The Analyst will report to the Director and will be based in Washington DC.

Duties and Accountabilities:

Main duties and accountabilities will include the following:
• Function with a high level of judgment to provide a wide range of executive assistance to the Director, such as meeting coordination, event organization, travel planning,
• Liaise with the Trade regional teams, the FIG Global and Regional teams and other relevant units and Departments to follow up on the Director's inquiries.
• Compile and update data on the Trade Investment project and Advisory Services and Analytics portfolio and pipeline.
• Under the supervision of the Global Trade and Supply Chain team, process trade finance transactions, amendments, and cancellations by working closely with regional trade teams.
• Monitor trade lines and ensure that transactions are consistent with all corporate guidelines, including the trade operational guidelines.
• Track program activities and prepare the periodic KPIs and Board reports by using the corporate systems and prepare activities reports as needed.
• Support processing and reporting for insurance as well as other trade finance facilities; and
• Support all other tasks requested by the Operations Lead to support the Operations Team and other trade finance programs.
• Demonstrate impeccable standards of integrity when handling confidential material; use tact and sensitivity when resolving delicate issues.
• Oversee the administrative functions of the office, i.e., TRS, LARS, and SAP.
• Coordinate and supervise general office procedures and guidelines, identify potential problems, and advise the Director accordingly.
• Handle ad hoc duties assigned by the Director.

Selection Criteria
• Bachelor's degree is required
• Minimum 4 years of experience with a local/international commercial bank/other financial institution or international organization
• High degree of motivation, initiative, sound judgement, and discretion in accomplishing the job and mastery of administrative and/or technical processes.
• Has advanced knowledge of, and keeps up to date with systems, technology, and databases relevant to functional area of assigned responsibilities.
• Demonstrates initiative and pro activity in learning and/or supporting implementation of emerging technology applications and systems relevant to effective work of the unit.
• Displays good project management skills.
• Exhibits good understanding of unit's priorities; can proactively negotiate with stakeholders and adjust own deliverables upon changing and competing priorities, remaining flexible and effective with a clear understanding of objectives to be achieved.
• Strong teamwork and organizational skills; and
• Strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds.

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.