Associate Industry Specialist - TMT

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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.

IFC is a leader in the Telecoms, Media, and Technology (TMT) sector in emerging markets. Since 2010, IFC has committed and mobilized over $16 billion for TMT projects. We support mobile network operators, particularly those in challenging and less-developed markets where the digital divide is particularly pronounced. We also finance digital infrastructure with a focus on shared infrastructure models such as carrier-neutral, open-access broadband networks, independent tower operators, and data centers. These shared infrastructure models are examples of the most cost-effective, competition-enabling and environmentally conscious solutions to the challenge of providing high-quality, affordable connectivity, a foundation of the digital economy. More recently, we have expanded our focus into emerging digital technologies - such as AI, satellites, and energy solutions - and media. Potential investments are made across the capital structure via equity, mezzanine or debt instruments.

IFC’s Global TMT unit (CNGTT) is based in Washington, D.C. and provides TMT sector and investment expertise to IFC teams across the globe. CNGTT is recruiting an Associate Industry Specialist to help: (i) assess investment opportunities from a technical and operational perspective; (ii) provide technical analysis and guidance to multidisciplinary project teams; (iii) prepare sector analysis, strategies, and management briefings; and (iv) further IFC’s TMT expertise through benchmarking, analyzing industry trends, and tracking lessons learned and disseminating the same across the organization.  The position will be based in Washington, DC. Some travel may be required.

Duties and Accountabilities:

The responsibilities of the Associate Industry Specialist include, but are not limited to:
•  Apply sector and engineering knowledge to evaluate TMT projects from a technical, commercial and development impact perspective, including supporting senior specialists in appraising new investment proposals and pre-investment engagements. 
•  Liaise with client’s technical staff, project engineers and lenders’ engineers as needed.
•  Review major contracts, including EPC, O&M, key customers, and concession/license agreements;
•  Support investment teams in building financial models by providing them with i) technical, market and operational parameters, ii) relevant benchmark metrics, and iii) guidance / opinions on projections and risks.
•  Provide market / regulatory assessment and identify potential for market development and revenue growth.
•  Draft Terms of Reference for hiring technical and market consultants.
•  Prepare high quality and timely project appraisal reports in collaboration with senior specialists, including risk assessment, mitigation measures and impact evaluation and analysis of climate, cybersecurity, supply chain and other technical and sector aspects. 
•  Apply sector expertise in monitoring portfolio investments with the aim of identifying potential issues and weaknesses and helping to find solutions, including the design of advisory support. 
•  Conducting industry and market research including sector mappings, industry trends, sector KPIs, and benchmarking performance of IFC’s TMT investments.
•  Contributing to the development of and reporting to management on IFC’s TMT program including drafting presentations, reports, and participating in IFC / World Bank working groups.
•  Organize webinars including preparing presentations, marketing materials, management briefings, etc. and disseminating lessons learned.
•  Work with IFC teams across regions and departments to promote new business and innovation and support transaction processing and supervision.