Associate Country Officer, Chile

Associate Country Officer, Chile

Job #: req32351

Organization: IFC

Sector: Investment

Grade: GF

Term Duration: 3 years 0 months

Recruitment Type: Local Recruitment

Location: Santiago, Chile

Required Language(s): English, Spanish

Preferred Language(s):

Closing Date: 4/4/2025 (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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, visit www.ifc.org.

The World Bank Group (WBG) Chile office is seeking a senior and experienced professional as a Country Officer to join the team that leads, oversees, and monitors the performance of the IFC, World Bank and MIGA programs in Chile and help build the World Bank Group's activities across all sectors and industries, with a particular focus on IFC activities and projects. The Country Officer will work in close collaboration and as an integral part of the joint WBG team based in Santiago and will report to the Country Manager in Chile. The Country Officer is expected to build deep relationships with counterparts, clients, and the market in Chile to help deepen IFC's impact, pipeline, and portfolio in the country, and to help identify joint World Bank Group initiatives and projects.

Duties and Accountabilities

WBG Strategy

1. Work with the Country Manager and the Chile team to oversee the formulation, development, and implementation of WBG strategy in Chile, with a special focus on private sector development.
2. Support the preparation of WBG strategy documents, including Country Private Sector Diagnostics (CPSD 2.0), Country Partnership Frameworks (CPF), and other key documents and joint WBG activities.
3. Work closely with IFC investment, advisory, upstream, and other relevant WBG teams to roll out the WBG's strategy in Chile.
4. Participate in designing approaches and interventions to create upstream markets and identifying needed market and regulatory reforms in Chile.

IFC Investment and Advisory/Upstream Operations

1. Oversee integration and delivery of IFC's investment and advisory and Upstream activities in Chile to ensure client's needs and objectives of IFC and the WBG are met.
2. Identify, evaluate, and support complex IFC investments and sector projects by providing critical insights into the country context and the political economy.
3. Participate in client selection and help ensure IFC works with appropriate sponsors. Share accountability for the quality and performance of IFC and WBG portfolios.
4. Support business development and origination of leads in close collaboration with the industry teams based on sector priorities.
5. Provide business intelligence to investment teams to enable them to identify integrity issues, to devise adequate investment structuring, and to inform them adequately in the management of portfolio projects and problem cases.
6. Assist the different project teams in coordinating missions, including managing relationships with key private-sector clients and stakeholders and following up after meetings.
7. Identify opportunities to strengthen solutions offered to clients by involving other parts of the WBG based on a good understanding of the products and project requirements of WBG.

WBG Corporate Support

1. Prepare/coordinate preparation of high-quality briefs for WBG senior management.
2. Support the development of a variety of communication and briefing materials for internal and external audiences.
3. Provide support for high profile events and high-level visiting missions.
4. Ensure quality control of work products developed by the Chile country office.
5. Ensure efficient and effective use of resources.

Representation

1. Support WBG's brand and overall communication strategy in Chile.
2. In coordination with the Country Manager, represent IFC and the WBG externally and provide visibility for IFC through organizing and participating in high profile events (high-level visits, seminars, and conferences). Ensure internal and external requests are addressed.
3. Lead senior stakeholder discussions in acting capacity, as needed.
4. In consultation with the Country Manager, conduct engagements with clients, stakeholders, and donors.

Selection Criteria

1. Master's degree, preferably in economics, finance, business administration, public policy, or a similar field and at least 4 years of relevant experience. Relevant experience could include a proven track record in the financial sector, business consulting or investment banking, or experience with a multilateral organization.
2. Proven client relationship skills. Track record and ability to focus on private-sector client needs effectively. Ability to also understand the mindset of government officials.
3. Understanding of how IFC works, and its strategies and priorities. Understanding of WBG's mission, objectives and work at country level will be critical to the role.
4. Demonstrated extensive knowledge of Chile, including politics, history, social dynamics, culture, economics, local markets, and regulatory framework.
5. Capacity to understand, enable, and support private capital mobilization, as well as interventions to strengthen investment climate. Ability to participate and constructively contribute and lead as needed in meetings with government officials on constraints to private sector investments in Chile.
6. Good analytical, financial, credit, integrity assessment, and business skills as well as strategic perspective to intuitively recognize project viability, bankability, and expected development impact early on, identify portfolio management vulnerabilities, and determine best approaches for managing complex transaction and portfolio risks.
7. Knowledge of key sectors and industries in Chile, 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.
8. Outstanding communications skills and ability to develop a coherent and compelling storyline or rationale as to why specific deals are proposed and how they fit into WBG's long-term strategy.
9. Excellent critical thinking, analytical and presentation skills, and ability to work with or supervise the use of data utilizing standard office software Excel, Word, PowerPoint.
10. Fluency in English and Spanish, both verbal and written skills.

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.