Job #: 123030
Title: Associate Operations Officer - Housing Finance,
Access to Finance
Job Stream: Technical Assistance & Advisory Services
Location: New Delhi, India
Closing Date: 01/07/2013
| 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,
mobilise 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, housing finance, SME finance, leasing, agrifinance, sustainable energy finance, trade finance, insurance, payment systems, e-banking, credit bureaus, and capital markets. | |
| Duties and Accountabilities: | |
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The Associate Operations Officer will work with the South Asia A2F team
primarily in managing and growing the portfolio of Housing Finance
projects. Going forward there may be an opportunity to work in other
areas of A2F as IFC’s portfolio grows. He/she will have the following key responsibilities: • Facilitate advisory and investment business in the Housing Finance product depending on specific projects assigned • Support existing technical assistance projects in IFC’s portfolio in Housing Finance including developing excellent client relations, designing projects for meaningful development impact and ensuring that relevant IFC procedures are respected • This may include writing and reviewing project papers, funding proposals and monitoring reports, assisting in the documentation of project progress in IFC’s internal tracking systems, drafting terms of reference and requests for proposals and supporting the consultant selection / hiring processes • Play a catalytic role in developing the pipeline for IFC’s investment and advisory activities in the area of Housing Finance, either as support or as task team leader on specific projects in India and the South Asia region • Assist in (or when task team leader, be responsible for) the identification, negotiation and preparation of new technical assistance and advisory projects in Housing Finance and procuring consulting services for IFC’s clients • Participate actively in joint appraisal teams working on new advisory and investments in the area of Housing Finance • Assist in raising external funding from cofunders to leverage IFC’s own resources • Contribute to the regional Housing Finance strategy and work-plan 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 • Participate in / lead other initiatives as opportunities arise | |
| Selection Criteria: | |
| • MBA, MPA, or equivalent Master’s degree • 5+ years of total work experience of which at least 3+ years of hands on experience in Low-income Housing / Housing Finance / Housing microfinance and other areas of development finance (such as microfinance), preferably in South Asia • Sound knowledge of mortgage lending business operations, practices, relevant laws and the housing finance regulatory environment in India. Knowledge of similar laws and practices in other countries of South Asia region is highly desirable • Self-starter, mature, and flexible attitude; able to work in a multicultural, fast-paced team • Proven leadership abilities with project / programme manager experience • Strong communication skills in speaking, writing and presenting • Demonstrated team player with willingness to contribute as needed to overall IFC work • Relationship Management experience and ability to establish strong credibility among senior clients such as HFCs, NBFIs, MFIs and Banks • Commitment to quality service, drive to exceed expectations, and proactive development of relations with IFC clients • Strong analytical and conceptual skills encompassing various aspects of housing 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. The candidate will interact closely with other colleagues in the A2F teams based in New Delhi, Mumbai, Dhaka, Colombo, Thimphu and Kathmandu. The position will be based in New Delhi and 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 and apply online at IFC’s JobWorld. Only shortlisted applicants will be contacted. | |
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