About the Organization:
The International Finance Corporation (IFC), a member the World Bank Group, fosters sustainable economic growth in developing countries by supporting private sector development, mobilizing private capital, and providing risk and advisory services to businesses and governments. Advisory Services in Middle East and North Africa (AS in MENA) is IFC’s primary mechanism for the delivery of advisory services aimed at promoting private sector development and reducing poverty in the Middle East and North Africa. To achieve this objective most effectively, the AS-MENA has identified four key areas, on which to focus its advisory services programs: Access to Finance (A2F), Infrastructure Development (INF), Corporate Advice (CA), and Improving the Investment Climate (IC).
Background:
As part of the Access to Finance area, the IFC’s MENA AS Microfinance Program focuses on the development of commercially sustainable microfinance in the region. It focuses on three levels of TA activities: country level infrastructure/policy improvements in coordination with CGAP, sector level training and knowledge sharing on international best practices for the different components of microfinance, and institution level capacity building in areas like feasibility assessments, new product development, risk management, transformation from NGOs to regulated financial entities.
About the Job:
The IFC is seeking an Operations Officer for MENA AS Microfinance Program. The incumbent will be a short-term consultant (STC) who will provide backstopping/back office support for the microfinance team. The STC will report to the microfinance program manager. The position is based in Rabat (Morocco). This is a 150-day contract.
Tasks and Responsibilities:
- Keep abreast of the market intelligence and developments globally, conducting desk research and preparing initial reports with findings;
- Help to identify, develop, implement, monitor and evaluate banks and microfinance institutions for AS projects;
- Financial modeling and analysis;
- Prepare various project documents, such as project management reports, project approval reports, Monitoring & Evaluation reports in line with established IFC procedures;
- Support project managers/team leaders in the drafting and preparation of various agreements, such as Project Services Agreements, MOUs, etc.;
- Assist in planning, designing and organizing conferences, trainings, workshops and seminars;
- Collaborate with senior colleagues to carry out specific tasks including desk reviews, data analysis, financial projections, preparation of notes, taking minutes of meetings, writing memoranda, preparation of briefs and presentations;
- As needed, assist in the selection and monitoring of consultants, preparation of terms of reference, negotiation of fees, processing of procurement and contracts;
- Support team logistics from time to time;
- Travelling, as required.
Qualifications:
- Desired background and expertise:
- Good knowledge of financial sector or microfinance industry;
- Advanced writing skills in English, knowledge of French and Arabic is a plus;
- Good interpersonal skills and team player;
- Strong communicator, ability to convey ideas clearly, confidently and properly with clients;
- Analytical mind able to analyze, collect, and aggregate information from a variety of sources in order to distill and present data effectively to internal and external clients;
- Multitasking under pressure a must.
- Technical qualifications and experience:
- Bachelor degree or equivalent in Finance, Business, Law, or Economics or equivalent professional qualification;
- Minimum 2 years of relevant experience in the financial industry desired;
- Experience with international banks and/or bilateral/multilateral development institutions would be an advantage;
- Prior work in financial sector advisory industry would be an advantage;
- Knowledge of the business environment, in particular SME banking, microfinance and banking industry development would be an advantage;
- Financial modeling and analysis skills is a must;
- High level of English, both spoken and written, Arabic speaking desirable;
- Strong working knowledge of Microsoft Office software particularly power point and excel;
- Commitment to development work and IFC mission;
- Familiarity with IFC systems would be an advantage.
Closing Date: 02 Dec 2012
How to Apply:
Apply Online
Selection Number: 1090558
