World Bank Upstream Officer Jobs in Kenya

World Bank Upstream Officer Jobs in Kenya

  • IFC’s Financial Institutions Group (FIG) is seeking an upstream officer responsible for designing, executing and monitoring upstream projects in the financial sector in Sub-Saharan Africa.

  • IFC’s new focus on upstream is meant to proactively create conditions that result in the movement of capital into private sector investments in the countries where we work.

  • This is strategic business development in markets or sectors where ready-to-finance projects are not yet available, yet significant development gaps exist.

  • Upstream activities occur before the traditional investment project cycle and are necessary precursors.

  • They can be accomplished as quickly as in a few months or take several years. .

    Role & Responsibilities

    The position represents a critical and central function in the FIG Africa upstream team and involves the following responsibilities:

    • Guide and monitor upstream project design and execution across all initiatives by the FIG upstream team in Africa; structure and manage complex individual upstream projects.

    • Investigate bankability and structure paths to investment for upstream projects.

    • Lead market research and industry analysis carried out by FIG Africa upstream staff.

    • Lead identification of internal and external resources for executing upstream projects; guide other staff in the contracting and management of such resources.

    • Co-manage relationships with World Bank, government and private sector stakeholders in support of project execution; participate in and contribute to project ideation.

    • Work closely with IFC’s specialists to manage environmental, social, technical, legal, insurance, corporate governance, and other risks in projects.

    • Implement and manage a life cycle approach for the design, execution, supervision and evaluation of upstream projects.

    • Coach and train younger/junior/new upstream staff to ensure skills growth in bankability analysis and project design & execution.


    The position requires a combination of experience, skills and knowledge spanning primarily project management and investment.

    • Experience in designing, managing and monitoring advisory projects that involve interaction with private sector entities, industry associations and government authorities; experience in contracting and managing consultants/consultancy firms.

    • Robust understanding of investment products and bankability criteria, gained from own investment work or close working relationships with colleagues in the investment function.

    • Solid understanding of financial sector and, preferably, a sub-sector of interest to IFC’s upstream program in Africa (agrifinance, climate, SME, digital, housing, distressed assets).

    • Experience in implementing market/sector assessments.

    • Ability to extract lessons learned from different projects and to synthesize them in a coherent product that supports future project design.

    • Excellent organizational, administrative, and time management skills; ability to manage a large number of simultaneous tasks and deliver consistently at agreed deadlines.

    • Languages: English required, French desirable, Portuguese a plus.

    • Master’s degree or equivalent in finance, economics, business, or other relevant topic.

    • Total work experience at least 8 years, of which at least 5 years in project management and investment roles.

    • Willingness to travel throughout Sub-Saharan Africa.

    How to Apply

  • For more information and job application details, see; World Bank Upstream Officer Jobs in Kenya

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