Results Measurement Specialist at World Bank Group

IFC—a sister organization of the World Bank and 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 2019, we invested more than $19 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit

The Economics and Private Sector Development Vice Presidency (CEDVP) is responsible for identifying and delivering on private sector diagnostic needs, drawing on resources across the WBG, to grow IFC’s capacity to deliver Country Private Sector Diagnostics (CPSDs), and present private sector perspectives in Systematic Country Diagnostics or Country Partnership Frameworks (SCD/CPF) and country strategies; developing rigorous sector economic analyses and an ex-ante project assessment framework to help guide project selection, complementing our expertise in supporting and monitoring project implementation; as well as identifying and strategically driving policy engagements that create and grow new markets for the private sector. The CEDVP also encompasses teams working on global macroeconomic analyses and prospects as well as the team in charge of gender mainstreaming in IFC. The Vice Presidency is also home to two additional operational teams and content providers focusing on Blended Finance and Climate Businesses.

The Sector Economics and Development Impact Department (CSE), part of the Economics & Private Sector Development Vice Presidency, analyzes economic sectors with a view to identifying opportunities and solutions for private sector development, and works closely with IFC Operations in formulating sector priorities and strategies. It is expected to provide technical support to operations related to structuring, appraising, and monitoring investment and advisory projects and is responsible for reporting on IFC’s impact. The department is in charge of fully developing and implementing the ex-ante project assessment framework (Anticipated Impact Measurement and Monitoring- AIMM) for investment and advisory projects throughout the project cycle, help ensure high-quality economic support for IFC operations teams on strategies and projects; and develop sector economic analyses with a focus on solutions for private sector development.

CSE is the largest department in the CEDVP, with approximately 80 staff, comprised of mainly sector economists and results measurement specialists assigned currently to fully integrated units organized along IFC industry groupings. These include: CSE unit for Financial Institutions Group (CSEFI); CSE unit for Infrastructure and Natural Resources (CSEIN); and CSE unit for Manufacturing, Agribusiness, and Services (CSEMA); and CSE unit for Disruptive Technology and Funds (CSEDF).  For each unit, the sector economists are embedded in the respective industry groups to ensure they play a connective tissue role. Still, they are an integral part of CSE and report to CSE managers. The department also includes two additional teams in charge of economic modeling, applied research and analytics (CSEIM) composed of research economists and the CSE unit for Results Measurement and Corporate Reporting (CSECR) that supports all industry groups. In short, the department offers an “end-to-end” support and impact assessments for IFC investments and advisory services, engaging upstream and downstream throughout the project cycle.

The Financial Institution Group team (CSEFI) is in charge of implementing CSE mandates and deliverables described above in relation to products including investment and advisory support for a variety of segments, such as microfinance, insurance, loans to small and medium enterprises and women-owned businesses, low- and medium-income mortgages, as well as on financial markets’ regulations and infrastructure, including credit reporting, movable assets financing. This includes fully developing and implementing the ex-ante project assessment framework for investment and advisory projects throughout the project cycle, monitoring and evaluating their impact, help ensure high-quality economic support for the Financial Institutions Group (FIG) teams on strategies and projects, and develop sector economic analyses with a focus on solutions for private sector development. These activities will support operations done by FIG teams to deliver advisory services and investments that support growing enterprises across emerging markets. Financial sector operations comprise a significant portion of IFC’s investment and Advisory operations and make important contributions to financial sector development in client countries.

The Department is looking for a Results Measurement (RM) Specialist based in SSA to provide, on an ongoing basis, expert advice and operational support to operational teams and management of FIG responsible for designing and structuring IFC’s financial sector operations in SSA, including financial infrastructure projects. The RM Specialist will ensure consistent application of standard impact measurement and monitoring frameworks, help generate relevant lessons learned and support staff incorporate such lessons into project design, provide technical support and program quality leadership to donor funded facilities, and contribute to evaluative work beyond the project lifecycle. S/he will work in close collaboration with the Advisory and Investment Staff of FIG, under the supervision of the CSE Manager for FIG.

Role & Responsibilities

Results Measurement

  • Work with advisory teams of FIG to ensure consistent understanding and application of standard impact measurement and monitoring frameworks and methods throughout the project lifecycle, including financial infrastructure projects.
  • Review project cycle documents: Project Concept Notes, Project Implementation Plans, Project Supervision Reports, Project Completion Reports. Assure compliance and perform quality reviews for project cycle documents. Advise teams on the necessary modifications and requirements, and provide expert recommendations on the best course of action.
  • Ensure that indicator selection and log frames are aligned with good project design standards, as well as standards set at the corporate, business line, and product levels. Discuss recommendations with project teams and supervisor.
  • Provide expert opinion regarding project ratings set by project leaders during supervision and completion, ensuring they are aligned with corporate standards. Flag misaligned ratings for further review.
  • Undertake strong analytical work related to financial infrastructure in emerging markets in collaboration with FIG advisory teams to inform sector/country strategy documents and operational decisions.
  • Provide expert input to the development and implementation of an ex-ante project assessment framework for advisory projects (“AIMM4AS”) throughout the project cycle.
  • Work in close collaboration with the FIG advisory teams on the roll out of “AIMM4AS” platform for the relevant projects. Ensure well-articulated and well-justified analysis of developmental impacts of FIG’s engagements in private sector development citing documented evidence on the development gaps and the market creation outcomes expected from the interventions.
  • Provide monitoring and evaluation (M&E) inputs to donor proposals, and lead quality assurance and reporting of results internally and to donors.

Communication, Knowledge Sharing, and Learning

  • Design, commission and conduct evaluations for enabling a better understanding of impact either in connection with an operation or to shape continuous improvement of results measurement work by providing feedback and best practices to Sector Economics and Regional Departments.
  • Train regional management and staff on results measurement related to Advisory/Investment Services, particularly on data quality assurance and reporting of results in line with corporate guidelines and standard impact measurement and monitoring frameworks.

FIG Investments Projects

  • On a needed basis, support FIG teams in reviewing project documents and board papers for AIMM and Additionality sections. Ensure well-articulated and well-justified analysis of development impacts of FIG’s engagements and ensure the analysis is aligned with relevant AIMM Sector Frameworks.
  • Engage in the yearly portfolio monitoring exercise of core development outcomes articulated in ex-ante AIMM assessments. Ensure correct compliance with monitoring standards and solve issues arising from the project teams.

Selection Criteria

  • Graduate degree in economics, public policy, business or a closely related field with 5-8 years of relevant professional experience.
  • Proven experience in applying M&E approaches and concepts such as theory of change, project logic, results logframe, and related concepts. Experience on project monitoring is a must.
  • Experience with results measurement methods, including, survey design and implementation, and experimental and non-experimental evaluation designs. Proven capability to develop project development impact thesis, design projects’ logical frameworks including SMART indicators. Ability to persuade and influence others across organizational boundaries.
  • Experience with development impact assessment tools and frameworks and ability to conduct detailed project impact assessments, including familiarity with relevant statistical software.
  • Demonstrate good understanding of financial sector and key drivers of growth, productivity, profitability and efficiency to provide analytical input into project impact assessments and sector strategies.
  • Command of economic theory and concepts to analyze drivers of and bottlenecks to the development and functioning of financial sectors/markets, including financial market regulations and financial infrastructure.
  • Knowledge of the economies of Sub-Saharan Africa, with a particular focus on the financial sector in these countries.
  • Demonstrate analytical skills and ability to synthesize large amounts of information and data; recognize interrelationships and key drivers of trends; use data effectively as input to broader analytical work.
  • Proven capability to handle complex assignments (e.g. project related or analytical tasks with operational relevance) and produce analytical work to a high professional standard, with minimum supervision.
  • Demonstrated initiative, ability to translate ideas into actions, and timely delivery.
  • Strong team player, with proven ability to work collaboratively in a team environment.
  • Experience and good understanding of financial infrastructure advisory projects development outcome assessment and processes methods is a plus.
  • Knowledge of IFC’s Anticipated Measurement and Monitoring system is a plus.
  • Proven ability to work in teams and capability to work in multi-cultural environments.
  • Proven capability to handle work to a high professional standard under pressure.
  • Strong written and verbal communications skills in English and one other language. Ability to communicate effectively with different stakeholders across the organization.

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