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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
The Legal Department of IFC (CLED), under the Vice President and General Counsel, is responsible for providing legal and policy advice to the IFC Board, its Management and client departments on operational, advisory, and corporate matters. Specifically, CLED supports client departments in:
1. The delivery of IFC’s annual program of financing private sector projects in emerging markets, advisory services, as well as early-stage engagements and pre-investment project development work to identify opportunities for private sector investments and creating markets (“Upstream”).
2. Project portfolio management (including jeopardy projects and projects in litigation)
3. The delivery and design of structured finance products, sub-national lending, equity and quasi-equity and public- private partnerships, and investments in funds, as well as platform products.
4. Advising on corporate policy and operational matters; and
5. Knowledge management and training.
To support IFC’s growing activities in Asia, CLED is recruiting a qualified Legal Analyst, to be based in Mumbai or New Delhi.
Roles and Responsibilities
• Prepare supporting documentation for internal and external matters, e.g. powers of attorney, proxies, signature designations, counsel retainer letters and Article III notices (notifying governments of an IFC investment).
• Assist IFC in-house counsel in preparing and reviewing legal documentation; prepare routine amendments, consents and waivers.
• Liaise with IFC external counsel, where required.
• Attend to the signing of transaction documents and completion of conditions to disbursement.
• Attend to the filing of transaction documents in accordance with IFC guidelines and practices.
• Perform other routine portfolio administration of IFC’s debt and equity investments.
• Handle and review transaction documents for IFC’s upstream and advisory program under appropriate supervision by IFC in-house counsel and follow up on the completion of any such agreements with IFC staff.
• Assist IFC in-house counsel with general tasks relating to advisory matters.
• Identify and analyze legal and policy issues associated with investment or advisory projects.
• Contribute to and support CLED’s Knowledge Management objectives.
Selection Criteria
• Bachelor’s degree or higher, preferably in law, and some combination of relevant professional experience of 2-3 years as an associate with a law firm, training offered by a professional institution or law firm and /or 5 years + of relevant experience in assisting lawyers with the preparation and handling of legal documentation in a para-legal or similar capacity.
• Strong oral and written communication skills in English.
• Excellent analytical and research skills.
• Ability to work effectively alongside IFC in-house counsel by performing multiple, concurrent and progressively more difficult assignments, including handling certain tasks independently.
• Ability to handle a diverse range of issues within tight deadlines and coordinate effectively with internal teams and external lawyers, as needed.
• Ability to prioritize and manage tasks effectively.
• Ability to work independently and take initiative in a fast-paced environment.
• Ability to work as a team member in a multi-cultural environment.
• Word processing experience and proficient computer skills, particularly in using information databases, internet/intranet services and library sources.
WBG Culture Attributes:
1. Sense
of Urgency – Anticipating and quickly reacting to the needs of internal
and external stakeholders. 2. Thoughtful
Risk Taking – Taking informed and thoughtful risks and making courageous
decisions to push boundaries for greater impact. 3. Empowerment
and Accountability – Engaging with others in an empowered and accountable
manner for impactful results.
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.
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