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  • Posted: Jul 29, 2022
    Deadline: Aug 18, 2022
  • The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group. The bank is based in Washington, D.C. and provided around $61 billion in loans and assistance to "develop...
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    Manager, FCS Africa

    The FCS Manager will work in close coordination with the Country Managers of FCS countries and will be responsible for providing an FCS perspective in the IFC and WBG country strategies and action plans that will contribute to delivery of institutional commitments under the WBG FCV Strategy and the 2018 Capital Increase Package. This will require internal coordination within IFC and close interaction with counterparts at the World Bank, MIGA, other multilateral/bilateral institutions and donors. He/she will oversee a portfolio of over US$100 million in Advisory Projects covering 32 countries; manage a multidisciplinary team of 15 staff and 21 STCs based in 12 countries; and work with the Partnerships team on fundraising and reporting engagements with donors.

    The Africa FCS Manager will be a member of the Africa Regional Management Team and will report to the Regional Director, Eastern Africa. This position will be based in Nairobi, Kenya.

    Duties and Accountabilities:

    • Lead implementation of the Africa Fragility Initiative (AFI), a five-year program across 32 countries ($83m budget) dedicated to supporting responsible private sector-led growth and job creation across Africa. AFI is a new tool that allows IFC to work closely with our partners, share operational knowledge, mainstream conflict sensitivity, and systematize responsible and context-specific investment in markets that need it the most. This includes compliance with IFC AS ADM, reporting, donor fundraising and timely reporting, and any other commitment made.
    • Lead IFC’s engagement in the forced displacement space including implementation of the Kakuma Kalobeye Challenge Fund project ($25m budget) and other projects under the Prospects Partnership in Eastern Africa ($17m budget).
    • Lead, manage, develop, and mentor an integrated and diverse team consisting of staff and consultants, ensuring that the team is high-performing, well-motivated, innovative, well-trained, and knowledgeable about IFC’s FCS products and processes; has clear deliverables; and is committed to the success of IFC in FCS countries and in forced displacement situations.
    • As a member of the IFC Africa regional management team, contribute to the delivery of the IFC 3.0 strategy through collaboration with regional and industry colleagues to identify opportunities for IFC in FCS markets and to create markets by addressing key policy and regulatory issues.
    • Contribute to corporate initiatives in and across FCS markets (e.g. Systematic Country Diagnostics (SCDs), Country Private Sector Diagnostics (CPSDs), Country Partnership Frameworks (CPFs), WBG Joint Business Plans, sectoral deep-dives, market scoping, etc.);
    • Develop the IFC’s “brand” in the Africa FCS and Forced Displacement space, building on IFC’s regional brand and the overall communications strategy, and engaging with a large range of internal (WBG) and external stakeholders.
    • Manage and develop relationships with key stakeholders (development partners, FCS experts and other DFIs engaged in this space) and position IFC as the partner of choice to support high development impact projects across African FCS and in private sector solutions for forced displacement. This includes representing and providing visibility for IFC through high profile events, senior level visits, interviews, seminars, conferences etc.
    • Actively share and disseminate the African FCS and FDP experiences with internal and external audiences including contributing to the WBG FCS and FDP engagement and knowledge Management Initiatives (e.g. WBG FCV Strategy implementation, Oxford DFI Forum, etc.)
    • Identify areas where IFC can catalyze FCS market development through innovation based on a thorough understanding of local markets and best practice from IFC’s and other DFIs & MDBs FCS global experience
    • Develop and maintain strong relationships with CMUs and Industry Departments to help originating, processing, and managing a pipeline of investments, and support proactive and strategic portfolio management, to meet IFC’s objectives.
    • Identify and implement measures to improve IFC results in terms of efficiency and impact across African FCS and increase its contribution to the corporate scorecard.

    Selection Criteria:

    • MBA or equivalent professional qualification and a minimum of 12 to 15 years relevant work experience (at least 2 of which must have been in a managerial or leading capacity).
    • Work experience in the Africa region and/or in Fragile Settings with a strong interest in developing a thorough understanding of the cluster of fragile countries and around private sector solutions in forced displacement contexts.
    • Significant experience with proven success in developing client relationships, with an existing network of relevant top-level contacts in the cluster of countries’ private and public sector and/or demonstrated ability to build such high-level client network.
    • Proven track record of performance in investment and/or advisory activities. Experience in transaction processing and portfolio supervision a strong plus.
    • Recognized as a leader with strong experience managing people, especially leading diverse, high performing teams, across many different locations.
    • Ability to build successful relationships across the IFC matrix and manage by influence.
    • Ability to think strategically and adjust the FCS country interventions as needed so that it remains responsive to the needs of client countries, and in coordination with development partners.
    • Ability to develop innovative solutions and challenge the status quo to build IFC business and image in the market.
    • Ability to represent IFC externally with government, media, clients, donors, and other stakeholders.
    • As an ambassador representing IFC in challenging markets and interacting with Developments Partners, the FCS manager must be a role model for ethical behavior values of IFC.
    • Strong written and oral communications skills in English is essential. Communication in French is desirable.
    • Meet Bank Group-wide managerial selection criteria including: Courage of your convictions; Leading the team for impact; Influencing across boundaries; Fostering openness to new ideas; and Building talent for the future.

    Method of Application

    Interested and qualified? Go to World Bank Group on to apply

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