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 2025, IFC committed a record $71 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
IFC is looking to recruit a Program Manager for Peru. This position will be based in Lima, Peru.
The Program Manager will be critical in operationalizing IFC 2030 and enabling the Cascade at the country level. She/he will be responsible, in close collaboration with WBG counterparts, for developing operational country strategies and action plans and driving their implementation. The Program Manager will oversee an outstanding portfolio of approximately US$1.1 billion. The prospects for continued growth in both investment and advisory activities are very good. The mandate of the Program Manager will be to significantly build the portfolio, develop new opportunities for IFC in Peru, and enhance our impact.
The Program Manager will be responsible for all IFC activities in Peru and will serve as a collaborative lead for a multidisciplinary team of investment, advisory services, support staff, and consultants. This will require close interactions with corporate clients, governments, counterparts at the World Bank, MIGA, and other multilateral/bilateral institutions and donors, as well as internal coordination within IFC with Regional Industry Directors and Managers, Advisory Services Managers, and constituent Executive Directors. The Program Manager will report to the Latin America Division Director for Andean Countries and the Caribbean.
Duties and Accountabilities:
• In consultation with the LAC Regional Director, develop, design, and implement multi-year country strategies and implementation plans for integrated investment and advisory operations, including upstream engagements, sector priorities, and business targets;
• Oversee all IFC investment and advisory activities in the cluster of countries;
• Lead the coordination with World Bank institutions and oversee with the regional industry colleagues (and other colleagues in IBRD/IDA and MIGA) the design and implementation of the Joint Business Plans (JBPs) and other forms of proactive collaboration at the country level. Fully contribute and drive on behalf of IFC the development of Systematic Country Diagnostics (SCDs), Country Climate Development Reports (CCDRs), Country Private Sector Diagnostics (CPSDs) and Country Partnership Frameworks (CPFs);
• Manage and develop relationships with key clients (governments and private companies) at the highest level of seniority and position IFC as the partner of choice to support high development impact projects in the cluster of countries. Build up relationships with key stakeholders (including relevant regulators, businesses, NGOs, PE Funds, and investors);
• Identify and implement measures to improve country results in terms of efficiency, productivity, profitability and impact and increase its contribution to the corporate scorecard;
• Lead, manage, develop and mentor an integrated and diverse team consisting of regional and industry staff, ensuring that the team is high-performing, well-motivated, innovative, well-trained, has clear deliverables and is committed to the success of IFC in the country;
• Identify areas where IFC can catalyze market development through upstream engagements and innovation based on a thorough understanding of local markets and best practice from IFC global experience;
• Lead/coordinate the development of a client engagement strategy for existing and new clients;
• Take accountability for early review and clearance of sponsors. For all investments and AS clients’ programs, review and validate IFC added-value, development impact and fit with IFC strategy in the cluster of countries;
• Contribute guidance for complex investment structuring and portfolio management cases and carry out all Program Manager responsibilities under the prevailing accountability for decision making (ADM) matrix at IFC;
• Strengthen IFC “brand”, building on IFC regional brand and the overall communications strategy including engaging with local media;
• Represent and provide visibility for IFC in the target markets including through organizing/participating in high profile events.
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Before applying, please make sure that you have read the requirements for the position and that you qualify. Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.
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