The position undertake the following core responsibilities:
• Project Preparation and Pipeline Development— The MU works with GIF Governing Council members, and in response to country requests, to identify a pipeline of qualifying infrastructure programs and projects, evaluating needs in project preparation, transaction support and financial structuring and assessing market-readiness, government commitments and project feasibility. Technical Partner teams which lead GIF-funded activities are supported by GIF staff specializing in PPP design, technical and financial feasibility, and regulation of infrastructure.
• Partnership Coordination and Trust Fund Management — The MU is responsible for coordinating relations with the Funding, Technical and Advisory Partners; managing the resources of the GIF; planning, implementing and reporting on uses of funds; developing and adjusting the business plans and operating procedures according to the evolving needs of the Governing Council; and responding to the audit and information requests of the Governing Council.
• Financial and Risk Instruments—The MU is responsible for support in the development of appropriate project structures with a view to attracting private sector investment, and optimizing the mix of financial instruments to ensure public sector objectives are met without undue burden to the governmental balance sheet. This work is led by specialists with experience in financial structuring of complex PPPs, and in the credit enhancement and combination of financial instruments required to bring such PPPs to financial close.
• PPP Knowledge and Quality Assurance—The MU is also responsible for assuring that best practices and latest approaches on PPP design are applied to each GIF project, and that the lessons learned from GIF approaches at the platform level as well as the project level are captured, returned to the GIF and made widely available. The senior knowledge and quality assurance staff work closely with the pipeline and finance teams and as a key interlocutor with counterparts from IFC, World Bank Global Practices, and public and private sector partners as projects are assessed for their needs and activities of support are defined. Monitoring and Evaluation (M&E) will be included in this function to complete the quality assurance cycle. On the knowledge side, the MU also organizes regular convocations of Advisory Partners around core themes related to the financing of infrastructure, leads efforts related to the development of PPP pipelines and undertakes highly targeted analytical work related to the development of infrastructure as an asset class.
Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3 year term appointment.