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| Microfinance Specialist - 100426 |
Basics | Job #: | 100426 | | Title: | Microfinance Specialist | | Job Stream: | Technical Assistance & Advisory Services | | Location: | Mumbai, India | | Close Date: | 12-Mar-2010 |
| Background / General description: | | The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is a leader in sustainable investment in emerging markets. IFC promotes private sector development and economic growth as a way to reduce poverty and improve people s lives. IFC provides advisory services by establishing partnerships with donors, governments, and the private sector to design and deliver technical assistance programs that promote entrepreneurship, improve the investment climate, mobilize private sector investment and enhance the competitiveness of micro, small and medium enterprises.
IFC defines the South Asia region as India, Bangladesh, Nepal, Bhutan, Sri Lanka and the Maldives. The Access to Finance (A2F) business line includes projects in microfinance, e-banking, affordable housing finance, leasing, SME finance, sustainable energy finance, trade finance, insurance, payment systems, credit bureaus, and capital markets. | Duties and Accountabilities: | | The specialist will work with the South Asia A2F team with particular focus on microfinance and e-banking. He/she will have the following key responsibilities:
Serve as content specialist for microfinance and e-banking for India and resource for IFC s work in South Asia
Facilitate advisory and investment business in microfinance, e-banking, and/or other A2F products depending on specific projects assigned
Lead existing technical assistance projects in microfinance and e-banking in IFC s portfolio, including developing excellent client relations, designing projects for meaningful development impact, and ensuring IFC procedures are respected
Play a catalytic role in developing the pipeline for IFC s investment and advisory activities across the product lines in access to finance, either as support or as task team leader on specific projects in India and the region
Assist in (or when task team leader, be responsible for) the identification, negotiation and preparation of new technical assistance projects and procuring consulting services for IFC clients in access to finance projects
Participate actively in joint appraisal teams working on new advisory and investments in access to finance
Assist in raising external funding from cofunders to leverage IFC s own resources
Contribute to regional A2F strategy in South Asia to maximize IFC s financial and social returns on investment and advisory
Liaise between the A2F team and clients/partners on specific projects
Contribute to strategy development and the workplan for the A2F team
Participate in / lead other initiatives as opportunities arise | Selection Criteria: | | MBA, MPA, or equivalent degree
10+ years of experience in microfinance, e-banking, or development finance in South Asia
Self-starter, mature, and flexible attitude; able to work in multicultural, fast-paced team
Proven leadership abilities with project manager experience
Strong communication skills in speaking, writing and presenting
Demonstrated team player with willingness to contribute as needed to overall IFC work
Commitment to quality service, drive to exceed expectations, and proactive development of relations with IFC clients
Strong analytical and conceptual skills encompassing development finance
High level of proficiency with MS Office software
Ability to travel in India and possibly South Asia
Ability to work independently, multi-task, deal with conflicting priorities and deliver high quality work on schedule
Sound business judgment and strong problem solving, negotiation, and commercial skills
Fluency in English is essential to enable the staff member to produce concise written and oral reports; Fluency in national languages of India a plus
Reporting
The candidate will report to Jennifer Isern, IFC business line leader for Access to Finance in South Asia. The candidate will lead microfinance teams and will also interact closely with other colleagues in the A2F teams based in Delhi, Mumbai, Dhaka, Colombo, Thimphu, and Kathmandu. The position will be based in Delhi or Mumbai, and depending on the final location, the candidate must be willing to relocate.
Duration of the Assignment
This is a two-year position, renewable depending on performance.
Applications
Interested candidates are invited to visit the IFC website at www.ifc.org for more information and to send a cover letter and CV to Ishita Singh of IFC at isingh1@ifc.org by 17 March 2010. Applications should note ‘India A2F Microfinance Specialist in the subject line. |
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