Background (The World Bank)
The World Bank is an international financial institution established in 1944 at the Bretton Woods Conference (alongside the IMF). Headquartered in Washington, D.C., it provides loans, grants, and technical support to developing countries to reduce poverty and promote economic growth. It operates under the World Bank Group (WBG), which includes five branches: IBRD (for middle-income nations), IDA (for the poorest countries), IFC (private sector support), MIGA (investment guarantees), and ICSID (dispute resolution)
Details
Investment Officer – Infrastructure (MENA & Central Asia)
Job #: req33960
Organization: IFC (World Bank Group)
Sector: Infrastructure
Grade: GF
Term Duration: 3 years
Recruitment Type: Local Recruitment
Location: Amman, Jordan
Required Language(s): English
Preferred Language(s): Arabic
Closing Date: August 17, 2025 (11:59 PM UTC)
Department & Role Overview
The Infrastructure Department at IFC delivers investment and advisory services across energy, transport, utilities, and telecom/media/technology (TMT) sectors. The MENA & Central Asia (MCT) Infrastructure team focuses on climate-smart projects, green finance, and mobilizing private capital in emerging markets.
We seek an Investment Officer to join our dynamic team in Amman, Jordan, driving upstream project development and investment opportunities in the region.
Key Responsibilities
- Develop a strong pipeline of high-impact upstream and investment opportunities by analyzing market trends, sector dynamics, and innovative business models.
- Lead upstream execution, including project design, stakeholder engagement (governments, sponsors, and partners), and supervision of multidisciplinary teams.
- Manage regional portfolio reporting, ensuring compliance with KPIs, donor funding, and governance requirements.
- Structure and negotiate investments, utilizing project finance, corporate debt, and equity instruments.
- Engage with clients to optimize risk-return profiles, enhance development impact, and explore new business avenues.
- Collaborate with World Bank teams to advance policy reforms that unlock private investment.
- Mentor junior staff and contribute to sector strategies, market intelligence, and thought leadership.
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Selection Criteria
- Master’s degree in business, finance, economics, or a related field.
- 5+ years of experience in infrastructure investment, project finance, or advisory, with a proven track record in deal origination, structuring, and execution.
- Strong financial & credit skills, including expertise in project finance, corporate lending, and/or equity investments.
- Sector expertise in energy, transport, utilities, or TMT; experience in gas flaring reduction/methane abatement is a plus.
- Proven ability to engage with private sector clients, governments, and development stakeholders.
- Project management skills, including portfolio monitoring and donor fund management.
- Regional experience in MCT countries is preferred.
- Fluent in English (Arabic proficiency is an advantage).
- Alignment with WBG values: results-driven, collaborative, and committed to sustainable development.
WBG Core Competencies
- Sense of Urgency—Proactively addressing stakeholder needs.
- Thoughtful Risk-Taking—Making bold, informed decisions for greater impact.
- Empowerment & Accountability—Driving results through collaboration and ownership.
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About The World Bank
The World Bank is an international financial institution established in 1944 with the primary goal of reducing global poverty and supporting economic development. It provides financial and technical assistance to developing countries for infrastructure projects, education, healthcare, and other initiatives aimed at improving living standards. The World Bank Group consists of five organizations: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). Each entity plays a distinct role in promoting sustainable economic growth and shared prosperity.
The IBRD focuses on middle-income and creditworthy low-income countries by offering loans and grants for development projects. Meanwhile, the IDA provides interest-free loans and grants to the world’s poorest nations, helping them invest in critical sectors like sanitation, agriculture, and education. The IFC supports private sector development by financing businesses and promoting entrepreneurship, while MIGA encourages foreign investment by offering political risk insurance. The ICSID facilitates dispute resolution between investors and governments, ensuring a stable investment climate.
The World Bank collaborates with governments, NGOs, and other international organizations to design and implement development programs. It also conducts research and policy analysis to guide countries in making informed economic decisions. Over the years, the institution has faced criticism for imposing strict loan conditions, promoting neoliberal policies, and sometimes failing to address environmental and social concerns. However, reforms have been introduced to enhance transparency, accountability, and inclusivity in its operations.
With a commitment to the United Nations’ Sustainable Development Goals (SDGs), the World Bank continues to address global challenges such as climate change, inequality, and pandemics. By mobilizing resources and expertise, it remains a key player in fostering long-term economic stability and improving the quality of life for millions worldwide.
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