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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 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 Manufacturing, Agribusiness and Forestry department provides investment and advisory services across a range of sectors that include agribusiness, forestry, chemicals, fertilizers, construction materials, and manufacturing. Within the department, the Agribusiness and Forestry (A&F) team focuses on supporting investments in (i) the food production chain, “from farm to fork”, including suppliers of inputs (seeds, fertilizers, irrigation), crop plantations, sustainable Animal Protein and aqua-farms, food and bio-fuel processors, agri-commodity traders, and food distributors, and (ii) the forestry value chain, including plantations and downstream operations in the processed wood and paper sectors (pulp, paper, packaging, sawn wood, panelboards, biomass, etc.). We help clients to achieve their business goals and find solutions to new and emerging issues, with a focus on sustainability.
IFC’s Agribusiness unit finances investments in many sub-sectors (primary agricultural, fruits and vegetables, vegetable oils, tree crops, livestock, dairy, animal feed, food processing, milling, and beverages) and provides technical support to the agribusiness sector. To support this work, IFC is seeking to employ an Industry Specialist, based in Washington, DC, specializing in all aspects of Animal Protein investments including poultry, pork, beef, dairy, small ruminants and aquaculture, and related supply chain activities. The scope includes primary production, including feed mills, and primary processing. IFC Industry Specialists play a key role within the investment teams and provide broad and in-depth industry knowledge to new investment companies, detailed on-site due diligence and perform supervision of portfolio investments.
If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be on a renewable term appointment.
Duties and Accountabilities
Responsibilities include, but are not limited to:
• Contribute to the development and delivery of IFC’s agribusiness strategies and investment program working closely with the Animal Protein lead
• Working closely with Senior and Principal Industry Specialist and Sector Leads, help conduct due diligence to assess project strengths and weaknesses, and provide investment teams with an appraisal report and operational parameters to be built into financial models
• Work closely with Climate Business team to make sure all projects are assessed for Paris Alignment, decarbonization strategies, and climate transition risk and physical risk assessments; use and develop GHG monitoring tools to assess projects.
• Participate in the investment committee meetings and respond to the committee’s questions
• Support the review of advisory services proposals
• Provide industry and best practice advice to internal - IFC and WBG colleagues - and external clients and add value to new business development activities and portfolio monitoring, as well as to advisory services projects
• Assist in the selection, briefing and supervision of technical consultants engaged on due diligence, as needed
• Participate in conferences and seminars and other events representing IFC and as appropriate to maintaining and building sector knowledge
Selection Criteria
• Commitment to IFC and the World Bank Group’s mission, strategy, and values,
• 5 to 10 years + years of operational experience in Animal Protein sector at technical and or senior management levels,
• Minimum a graduate degree in agricultural, veterinary science or closely related field,
• Sound knowledge of current industry and sector operating parameters to permit comparative cost analysis and benchmarking,
• Sound knowledge and experience in delivering sustainability solutions to the Animal Protein sectors,
• Sound business judgment and proven track record of investment screening and assessment,
• Excellent written and spoken English skills and ability to write technical appraisal reports in a timely manner,
• Ability to work effectively in teams and build bridges across organizational boundaries,
• Passion for animal-based agriculture and results driven with energy, initiative, and self-motivation, and
• Willingness to undertake extensive international travel in emerging markets.
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.
