Back Investment Officer-Financial Sector (Upstream), Kyiv, Ukraine

  • Added Date: Thursday, 25 March 2021
  • Deadline Date: Friday, 25 June 2021

Investment Officer-Financial Sector (Upstream)

Job #: req11366

Organization: IFC

Sector: Upstream

Grade: GF

Term Duration: 3 years 0 months

Recruitment Type: Local Recruitment

Location: Kyiv,Ukraine

Required Language(s): English

Preferred Language(s): Turkish, Russian

Closing Date: 4/12/2021 (MM/DD/YYYY) at 11:59pm UTC


IFCโ€”a member of the World Bank Groupโ€”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 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit

IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity, especially in Low Income Countries (LICs) and Fragile and Conflict affected Situations (FCS). This strategy calls for generating our own opportunities by proactively working "Upstream" to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries, and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. It also requires capacity to leverage WBG programs and projects to develop our own proactive sector interventions and to imagine and design projects even in the absence of reforms.

IFC is seeking an Investment Officer or Operations Officer for Upstream with expertise in the financial sector. The selected candidate will focus on supporting the Financial Institution Group (FIG) in the development of a high-quality Upstream pipeline in the Europe and Central Asia region under the supervision of the Regional Industry Upstream Lead in close collaboration with the existing FIG ECA Upstream team. S/he will also support policy work and other interventions across the World Bank Group to prioritize various initiatives and to maximize the impact of Upstream efforts.

Role & Responsibilities:

The roles and responsibilities of the position will include but not be limited to:

  • Identify and assess FIG Upstream opportunities based on country and sector strategies and market creation potential, and establish links to FIG downstream investment opportunities.
  • Design, manage, and participate in feasibility studies and implementation plans for Upstream projects that lead to IFC investments.
  • Participate in designing and implementing scalable solutions and platforms similar to "Scaling Solar" that can be replicated across markets.
  • Help spot game-changing trends, technologies and business models that can bring solutions to the emerging markets.
  • Produce regular reports on the assigned Upstream portfolio including monitoring progress against project milestones and KPIs.
  • Contribute to sector-specific data analysis and stress-testing of various operating models to help generate ideas for new projects, new products and platform businesses.
  • Work with the various IFC teams and the World Bank to analyze sector and regulatory reforms that are needed to unlock opportunities for private investment.

Selection Criteria

  • Master's degree or equivalent professional qualification in Business, Finance, Law, Economics, International Relations, Science, Engineering, or other relevant field.
  • At least 5 years of relevant experience in the financial sector project and/or program development, producing feasibility studies, hands-on advisory and/or consulting functions in emerging markets, preferably in Eastern Europe / Central Asia.
Genuine commitment to development and to the World Bank Group and IFC's mission, strategy and values. Understanding of IFC's strategic priorities and changing business model against the backdrop of IFC 3.0. Capacity to innovate and challenge the status quo and experience in new idea generation, business development, and creating projects/programs from scratch. Understanding of the Financial Sector and region specifics and ability to link policy reforms, advisory interventions, investment, and mobilization to deliver solutions at a country level via the Cascade approach. Ability to engage at a senior level with private sector clients, local and national governments and other stakeholders to encourage pioneering business and market development. Experience in project/program management, including executing against implementation plans with defined business development milestones. Experience in monitoring and reporting on a portfolio of projects/programs/initiatives. Ability to communicate in a structured and concise manner to the internal and external stakeholders of the projects. Drive and endeavor to cause innovation. Outstanding analytical and critical thinking skills. Strong written and verbal communications skills in English. Fluency in Turkish and/or Russian is a plus

Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.


This vacancy is archived.

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