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IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries.
We utilize and leverage our products and servicesas well as products and services of other institutions in the World Bank Groupto provide development solutions customized to meet clients’ needs. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and political challenges.
Clients view IFC as a provider and mobilizer of scarce capital, knowledge, and long-term partnerships that can help address critical constraints in areas such as finance, infrastructure, employee skills, and the regulatory environment.
IFC is also a leading mobilizer of third-party resources for its projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources.
For more information, visit www.ifc.org
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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. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
IFC’s Procurement Coordination team (CBAPC), part of the Budget & Administration Department’s Resource Management Unit (CBARM), co-facilitates IFC’s Operational procurement activities in close coordination with WBG Corporate Procurement Unit (SPACP) which also oversees WBG-wide Administrative Procurement. IFC annually procures approximately $60 million in Operational and $150 million in Administrative Procurement. Over 90% of IFC’s Operational contract selections are under thresholds that are directly supported and cleared by CBAPC.
IFC is seeking a dynamic individual to lead IFC’s Procurement Coordination unit composed of 8 staff, with 3 located in Washington, and the rest located in various IFC offices around the world. This position reports to the Manager, CBARM, and works in close collaboration with SPACP, and other stakeholders in IFC and across WBG.
This role requires a combination of technical expertise in procurement, strategic sourcing, vendor management, strong leadership, organizational, and communication skills.
Key areas of responsibility include:
Procurement advisory:
• Provide leadership, direction and oversight in planning and executing procurement delivery in IFC.
• Serve as IFC’s representative on the Corporate Procurement Committee (CPC).
• Provide team oversight on all planning, solicitation, and contract management issues.
• Provide guidance to clients on procurement planning and application to highly complex scenarios, ensuring appropriate fiduciary and quality controls, and consistent application and interpretation of policy in making procurement decisions.
Stakeholder engagement:
• Primary IFC point of contact with SPACP and other stakeholders on IFC’s Procurement matters, demonstrating initiative and delivering a high level of service.
• Drive innovation, enhanced productivity, process simplification and digitization in processes/systems/reports to achieve operational excellence. Drive improvements in procurement data management, promoting stronger analytical support, recommend industry standard technologies/software and best practices. Lead the acquisition and implementation of emerging technologies.
• Lead the development of standard operating procedures, guidelines, directives, playbooks.
• Participate in one-time projects initiated by IFC and/or CBA Management to achieve business process improvements.
• Work with multiple internal and external service stakeholders, including but not limited to senior leadership, the budget and finance network, project managers, HR, security team, etc.
• Communicate effectively at all levels of the organization and collaborate cross-functionally across a wide range of roles within the organization and with different geographic office locations (offshore teams).
Training & Knowledge Management:
• Provide oversight of development of topical training plans and execution.
• Participate in the design and delivery of selected trainings of strategic importance to clients.
• Engage various stakeholders to discuss inclusion of procurement training in various corporate training initiatives.
• Drive appropriate fiduciary discipline and quality in the delivery of IFC’s procurement services.
People management:
• Oversee and support the team in all knowledge capture and management activities and provide appropriate level of gravitas when needed,
• Lead the team in managing complex procurement tasks and issues.
• Coach, mentor and develop staff on the team, to ensure realization of their career goals.
Selection Criteria
• Master’s degree in business administration (MBA), Masters in Finance or equivalent with 8-12 years of experience. Professional accreditation is desirable.
• Demonstrable experience in negotiating contracts and implementing innovative procurement strategies.
• Extensive knowledge and experience of process, systems and policies improvement to achieve operational excellence and client satisfaction.
• Strong knowledge of IFC or similar large corporations and/or international organizations and their procurement practices and procedures is required.
• Ability to facilitate resolution of highly complex and novel issues. Strong track record of creative problem-solving and adaptability in thinking. Ability to commit to a decision and take related timely action.
• Strong client and business orientation with consultative skills and demonstrated ability to understand, synthesize and define business needs.
• Proven track record of identifying opportunities in changing circumstances, energizing others to continuously improve, using targeted strategies to boost morale, team spirit, and productivity in context of WBG’s values and mission.
• Excellent people management skills and openness to feedback and new ideas and ability to help guide staff to solutions for problems.
• Demonstrable ability to manage competing priorities and deadlines, ease with complex and ambiguous situations, capable of handling multiple tasks, and adapting to changing priorities in a fast-paced environment. Sound business judgment and demonstrated ability to deliver results under stressful timetables and environment.
• Strong verbal and written communication and presentation skills in English.
• Strong diplomatic and interpersonal skills with proven ability to work effectively across cultures.
• Highly developed personal integrity and ethical values; willingness to risk expressing beliefs about what is right, even in face criticism or disagreement.
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.
This is how cinfo can support you in the application process for this specific position:
Working hours (%): 80-100%
80-100%
Type of contract: Staff (Permanent and Fixed Term)
Duration: 3 years
Macro-area: North America
Level of experience: Senior Professional, more than 5 years
Area of work Definition: Banking and Finance
Type of organisation: Multilateral Organisations
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