Posted:10 hours ago
By:Hiring Kenya
Company Details
Industry:
Banking
Description:
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group. The bank is based in Washington, D.C. and provided around $61 billion in loans and assistance to "developing" and transition countries in the 2014 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.
Job Description
What You'll Be
- An Integrity Counsel focusing on the East Africa regions
- A strategic partner to business teams (investment and advisory)
- A visible, vocal and influential champion for the proper management of integrity issues
- Reporting to the Principal Counsel – Head, IDD/AML
What You’ll Do
- You’ll advise business teams with an independent voice on all core aspects of integrity risks as they impact IFC’s clients, partners, transactions and new products/initiatives in the above region, to include:
- Evaluating integrity and reputational risks, making recommendations, and providing solutions to mitigate risk
- Employing knowledge, expertise, and sound judgment to address IFC’s unique integrity risk profile
- Developing expertise in regional IDD issues across all industries in which IFC works
- Demonstrating expertise related to the East Africa region
- Drafting disclosures for Board papers
- Assisting with crisis management in portfolio projects
- You’ll provide legal advice to business teams and management on integrity-related matters in transactions, new products/initiatives, and IFC operations generally, including on the following subjects:
- International and national anti-corruption/bribery laws and regulations (e.g., FCPA, UK Bribery Act, etc.)
- Other integrity-related laws/regulations and legal issues that arise in IFC business
- Economic sanctions (such as the UN, EU, UK, and US regimes) and other international trade sanctions and export controls
- Crisis management and legal advice related to significant integrity legal matters, including potential or actual litigation or involving complex legal issues
- The legal workings of the WBG Integrity Vice-Presidency (INT) and WBG Sanctions System
- You’ll also provide legal advice to business teams and management on integrity-related contractual provisions, to include:
- Reviewing current integrity-related provisions in IFC legal agreements
- Drafting new integrity-related provisions in IFC legal agreements and bespoke legal provisions in IFC financing documents
- Negotiating with clients to build out contractual protections on integrity-related matters
- Advising on integrity-related provisions for legal documentation relating to new products/initiatives
- Drafting disclosures for Board papers
- You’ll support the work of the Business Integrity Risk Division by:
- Assisting with corporate initiatives and working groups, particularly focused on Fragile and Conflict States (FCS), to identify possible integrity risk concerns and solutions and to enhance CRG’s delivery of services
- Developing and executing training plans for client departments and IFC Management to educate and raise awareness on integrity risk issues
- Liaising with other World Bank Group entities, multilateral development banks, due diligence firms and other external stakeholders
- Presenting on integrity matters in conferences and meetings
- Working on special projects and/or other initiatives in support of the division’s work plan
- Selection Criteria
What You’ll Need
- Juris Doctorate (JD), Bachelor of Laws (LLB) or equivalent
- At least 8 years of working experience providing advice on international business transactions, project finance, investment funds, or litigation including experience advising on business integrity-related matters (such as anti-corruption laws, AML/CFT, economic sanctions, etc.)
- Law firm experience, is a plus
- Prior experience working in East Africa or similar regions, with a deep understanding of the local business environment and regulatory landscape.
- Proven track record in handling crisis situations, particularly those involving integrity and reputational risks.
- Ability to develop and implement innovative solutions to complex integrity and compliance challenges.
- Strong working knowledge in supporting the origination, design, implementation, management, oversight, and monitoring of investment projects, a plus.
- Strong understanding of international best practices and global trends in integrity management; good knowledge of regional trends in Eastern Africa.
- Ability to synthetize complex information and make concrete strategic and tactical recommendations.
- Excellent interpersonal skills demonstrating strong teamwork and collaboration, with a demonstrated track record as a team member on complex projects and programs.
- Ability to communicate ideas clearly and confidently, and credibly represent IFC with clients and stakeholders, including at the senior management level, in both the public and private sectors.
- Strong client relationship management skills, including the ability to develop and maintain mutually beneficial stakeholder relationships with senior management and ensure timely and appropriate follow-up.
- Strong organizational skills, with an ability to work under time pressure, in unstructured situations, and in case of unexpected events; agility to respond to shifts in client priorities while ensuring delivery.
- Strong sense of accountability and capacity to work effectively in a multi-disciplinary environment.
- Excellent written and oral communication in English and another major language are required.
Education: Degree, Diploma
Employment Type: Full Time