E T Consultant - Counsel Corporate Governance

World Bank Group•Washington, DC

9d•Onsite

About The Position

The International Finance Corporation (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 $71.7 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. The Regulations and Governance Department (CRG), under the IFC Legal and Governance Vice-Presidency (CLSVPU), is responsible for setting business standards and providing advice and guidance to the IFC Board, Management, and business teams in relation to key areas of non-financial business risk that may arise in IFC investments, advisory work and corporate functions. . These four areas include: • The WBG Business Integrity Office • The WBG Conflicts of Interest Office (COI) • The Corporate Governance Unit, and • The Nominee Directorships Center (ND Center) which advises investment teams on the exercise of IFC nomination and appointment rights to the boards of investee companies and investee funds’ advisory committees. The ND Center supports nominee directors in performing their fiduciary duties, adding value, and mitigating risk consistent with IFC’s values and development mandate. The ND Center is seeking to hire a lawyer on an extended 1 year (renewable) term consultant contract (ETC), with a corporate legal background and an understanding of equity investments and conflict of interest management, to assist in the implementation and process automation of IFC’s Directorship Policies and Practices and provide support in managing conflicts of interest and developing mitigation plans for directorships. The position is based in IFC Headquarters in Washington, DC and reports to the ND Center Counsel.

Requirements

Law degree (JD/LLM) or relevant education in corporate law At least 5 years of relevant experience at a law firm, and/or in private equity or asset management, and/or at an international financial institution, particularly working with equity investments and investment stewardship.
Demonstrated ability to take on assignments and initiatives on legal/compliance subject matters
Demonstrated ability to assess risk in a practical and responsible manner and make fair, well-reasoned, and transparent decisions.
Familiarity with IFC’s operations and policies
Excellent communication and interpersonal skills in English.
Strong analytical and problem-solving skills, good business judgment to identify issues, and present creative and practical solutions.
Excellent organizational skills, and ability to manage a broad range of activities; ability to prioritize, to deal with frequent and unexpected changes, and to work with short deadlines.
Personal integrity, with demonstrated ability to handle confidential matters in a discreet and respectful manner.
Demonstrated commitment to our core values, including excellence, mutual respect, collegiality, teamwork, diversity and inclusiveness, integrity, innovation, transparency, and accountability.

Nice To Haves

Familiarity with data and AI tools, systems and process automation experience a strong plus.

Responsibilities

Providing support with the review and approval of director nominations, observer and advisory committee member appointment memos.
Providing case-specific guidance to investment teams on compliance with internal policies, including in relation to eligibility of nominee directors and candidates.
Identifying jurisdiction specific limitation related to board appointments and the exercise of fiduciary duties.
Conducting conflicts of interest analysis for nominees and drafting conflict of interest mitigation plans as needed.
Developing guidelines to facilitate the identification and mitigation of conflicts of interest
Monitoring and reporting on policy waivers and exceptions to internal policies.
Monitoring and reporting on directorship management data gaps.
Identify IT Directorship system updates required for improved efficiencies and alignment with Policy updates.
Assist in the design and implementation of processes, documentation and reporting automation initiatives using the Copilot suite, PowerBI, and other authorized tools.
Assisting with webinars and events that facilitate knowledge-sharing.
Compiling guidance notes for investment teams and nominee directors.
Supporting the roll out of policy updates and improving templates
Monitoring and ensuring timely availability of jurisdiction specific directorship questionnaires