Principal Operations Officer
5 days ago
**Principal Operations Officer (Principal Infrastructure Specialist)** Job #: req30923 Organization: IFC Sector: Economics Grade: GH Term Duration: 3 years 0 months Recruitment Type: International Recruitment **Location**: Singapore,Singapore Required Language(s): English Preferred Language(s): Closing Date: 1/15/2025 (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. Our mission is to leverage the power of the private sector to end extreme poverty and promote shared prosperity in a sustainable way. The IFC 3.0 strategy aims to stimulate more investment activity across emerging markets, especially in Low Income Countries (LICs) and Fragile and Conflict affected States (FCS). Our goal is to create, deepen, and expand markets and design and develop impactful investment projects. This strategy is, in part, premised on improved country/sector diagnostic, strategic, and public sector engagement capabilities, which seek to: 1) resolve obstacles to private sector growth via diagnostic and strategic work that informs both IFC operations and relevant IBRD/IDA policy operations; and 2) overcome the shortage of investable projects in priority markets by proactively improving the private sector ecosystem at the country and regional level. The Country Advisory and Economics Unit of the East Asia and Pacific region supports the IFC business through the provision of country economic diagnostics, strategy, and engagement products as well as through direct support to operational teams and country units, leveraging coordination across the World Bank Group. The Unit is composed of economics, strategy, and operational staff responsible for: - Producing regional and country-level economic assessments to support IFC's strategy and operations. - Collaborating with regional and industry colleagues to produce analytical products such as Country Private Sector Diagnostics (CPSDs) and IFC Country Strategies. - Significantly contributing to WBG products such as Country Partnership Frameworks (CPF), Country Climate and Development Reports (CCDR), and IBRD/IDA lending operations; and - Implementing IFC's country strategy and diagnostic recommendations into practice through Advisory projects that engage with governments, regulators, civil society, development partners and other relevant stakeholders to reform markets and sectors and address key bottlenecks to private sector development. The advisory role of CEAAE works with client country governments to address key legal and regulatory issues that constrain private sector development. Efforts are focused on improving the enabling environment that can facilitate private investment opportunities, including foreign direct investments. CEAAE addresses if-then" reform asks in IFC strategies, complementing World Bank efforts, while strengthening IFC's relationships with client countries in support of IFC 3.0. Specifically, the CEAAE team works proactively with governments and regulatory agencies to create effective and efficient market conditions, both at economy wide as well as industry/sector level, for increased private investments. The Unit collaborates extensively with IFC Industry teams, cross-cutting teams, and other teams across the World Bank Group in the design and delivery of advisory services. IFC is committed to supporting both governments and private sector to reduce emissions and exploit green growth via investment and advisory services. EAP countries are set to gain from green growth, which opens opportunities to diversify and upgrade their economies especially by embracing new technologies, attracting green investments, raising their position on global supply chains and ultimately creating more and better jobs. IFC notes this will require embracing a new green industrial revolution", improving the environmental, social and economic performance of existing industries, while creating competitive industries delivering sustainable goods. IFC has identified sustainable development of infrastructure, energy transition and climate resilience as key thematic areas of intervention to help countries reach the interlinked goals to decarbonize their economies and increase competitiveness. CEAAE is seeking to recruit a Principal Infrastructure Specialist to provide thought leadership to the Unit's advisory work on decarbonization, sustainable development of infrastructure, energy transition and climate resilience. The Principal Specialist will be a motivated and dynamic professional, with excellent technical expertise in the thematic areas mentioned above; strong analytical skills; policy-relevant experience, including through dialogue/interaction with government clients and public and private sector stakeholders; an
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