Industry Analyst - Tourism & Retail

Industry Analyst - Tourism & Retail

Job #:req26809Organization:IFCSector:OtherGrade:GETerm Duration: 3 years 0 monthsRecruitment Type:Local RecruitmentLocation:Washington, DC,United StatesRequired Language(s):EnglishPreferred Language(s):Closing Date:4/4/2024 (MM/DD/YYYY) at 11:59pm UTC

 

 Description

IFC - a member of the World Bank Group - is the largestglobal development institution focused on the private sector in emergingmarkets. We work in more than 100 countries, using our capital, expertise, andinfluence to create markets and opportunities in developing countries. Infiscal year 2023, IFC committed a record US$43.7 billion to private companiesand financial institutions in developing countries, leveraging the power of theprivate sector to end extreme poverty and boost shared prosperity as economiesgrapple with the impacts of global compounding crises. For more information,visit www.ifc.org.

IFC'sTourism, Retail and Property (TRP) team sits within the Health Education andServices Department. The TRP sector's business has been growing significantly.IFC has played a key role in supporting these sectors in developing countriesand particularly during the recent COVID-19 pandemic. The team works with awide range of investment products, from project and corporate finance on thedebt side, to equity and quasi-equity in private and listed companies. Inaddition, the team also supports development and deployment of relevantadvisory and upstream tools to strengthen private sector's capability anddevelopment impact and catalyze further investment in sectors in the emergingmarkets.

Tosupport the growth of this business, IFC is seeking a dynamic and drivenIndustry Analyst covering on Tourism, Retail, and Property, with a focus onTourism and Retail. The selected candidate will be based in Washington, D.C.and will work under the supervision of the Global Sector Manager. The positionhas a global focus and travel may be required depending on business needs. TheIndustry Analyst will have a two-year term contract extendable to a maximum offive years.

Duties& Accountabilities

The roleand responsibilities of the position will include but not be limited to thefollowing:

DueDiligence and Project Processing:

  Work alongside Industry Specialists throughout the project lifecycle, including project screening, due diligence, appraisal, and approvals
  Support assessment of the technical and commercial feasibility of potential projects and companies that are seeking an investment from IFC, including analysis of business model, market, management, and operations
  Conduct market research, data analysis, and benchmarking; clearly communicate analysis in narrative and presentation formats
  Prepare investment-related documents for internal and external audiences
  Form relationships with counterparts and participate in client engagement to exchange information needed for transaction or portfolio processing 
  Contribute assumptions to financial projections of investment cases developed by Investment Officers based on findings and sector knowledge

Strategy Development and Knowledge Creation: 

  Support the development and implementation of the sector strategies in close coordination with the Global Sector Leads to build a profitable, sustainable, consistent, high-quality growth for the portfolio in the sectors. Update as needed and operationalize the Tourism, Retail, and Property Playbook
  Develop sector knowledge deliverables such as sector guidance notes on relevant topics, presentations to various stakeholders, monthly knowledge and pipeline calls with regions to further institutional understanding of sector-specific investment opportunities, challenges, and KPIs
  Lead and project manage key initiatives that may be identified from time to time in the subsectors or across the TRP space 
  Stay current on and share as relevant with the team industry news and trends
  Assist with brand building activities (e.g., conferences, thought leadership) and support efforts to build relationships stakeholders, including leading industry brands and associations
  Develop impactful business development material.
  Support portfolio monitoring and extract best practices and lessons learned to inform future projects
  Participate in development of advisory and value-added sector products relevant 
  Oversee work of consultants and interns as needed
  Facilitate knowledge flow across IFC and promote adoption of new approaches and best practices for TRP, including activities covering mainstream investment, upstream and advisory services

Selection Criteria

  Undergraduate degree qualifications relevant to retail and tourism and/or international development, preferably with two years of relevant sector experience
  Demonstrated analytical skills and ability to synthesize and succinctly communicate complex information. Attention to detail 
  Strong oral and written communication skills; fluency in English required; proficiency in additional languages is a plus
  Understands the financial aspects of investment transactions, including how to conduct market analysis and determine financial soundness of company or project opportunity
  Excellent Excel and PowerPoint skills. Able to utilize graphics and tables to effectively and creatively present information
  Data analysis and synthesis skills; comfortable navigating databases
  Team player with strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds
  Ability to prioritize effectively and take the initiative to drive projects forward
  Emerging market exposure preferred
  Genuine commitment to development and to the World Bank Group and IFC's mission, strategy, and values
  Excellent people skills, openness to feedback, new ideas, and ability to lead by example
  Sensitivity for working in multicultural environment, commitment to diversity and inclusion, and ability to build effective working relationships with colleagues, clients, and partners across regions
  Ability to travel on short notice 

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.