Regional Industry Director, FIG, LAC

Regional Industry Director, FIG, LAC

Job #: req37176 Organization: IFC Sector: Grade: GI Term Duration: 4 years 0 months Recruitment Type: International Recruitment Location: Bogotá, Colombia or Mexico City, Mexico Required Language(s): English, Preferred Language(s): Spanish Closing Date: 6/28/2026 (MM/DD/YYYY) at 11:59pm UTC

Description

IFC — a member of the World Bank Group (WBG) — 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 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.
IFC is seeking a Regional Industry Director (RID) for the Financial Institutions Group (FIG), based in Bogotá, Colombia, to oversee FIG activities in Latin America, and the Caribbean. This key leadership role requires significant and demonstrated leadership, management skills, and technical expertise to effectively lead regional team. The RID will be responsible for engaging in a wide range of sub-sectors, including Banking, Microfinance, Insurance, Capital Markets, Housing, Distressed Assets, Global Trade Finance, focusing on themes such as jobs, MSMEs/SMEs, gender, climate, and other areas, with both investment and advisory services delivered to IFC’s clients through IFC’s global network. The role involves managing key client and government relationships, overseeing operations, and driving the business toward achieving IFC’s strategic objectives.
The RID will directly report to the Regional Vice President for Latin America & the Caribbean and Europe and will be a part of the Core Leadership Team for the Regional Vice Presidency.
The RID will be part of the Core Leadership Team of Latin America, the Caribbean, Europe Vice Presidency.
Duties and Accountabilities
The roles and responsibilities of the position will include, but not be limited to:
Business responsibility
• Develop and implement the FIG strategy and priorities in the region in collaboration with Division Directors, Country Managers, the FIG Management team, and other Regional Industry Directors, focusing on growth of our business, achieving strong profitability, and sustainable developmental impact.
• Lead and grow the overall FIG business in the region, ensuring financially sound, profitable, and high-development-impact origination and portfolio oversight.
• Strategically position the FIG business in LAC and Europe, working closely with the Regional Vice President, other Industry Regional Directors, and Division Directors by developing the country strategies.
• Chair Investment Review Meetings and make decisions on IFC investments in the regions.
• Oversee Upstream and Advisory engagements for FIG in the region.
• Contribute to the delivery and execution of the FIG regional equity strategy in collaboration with the Senior Manager of Equity, FIG.
• Partner with IBRD/IDA and MIGA to develop regional sector strategies.
• Work closely with the Knowledge Bank, Treasury teams, and other WBG partners to develop and disseminate knowledge products and best practices, lessons learned from the investment/advisory portfolio, and leverage data/analytics and communities of practice to inform strategy and client engagement.
Client and stakeholder responsibility
• Design and implement a strategy for business development and ensure proactive and comprehensive client and FIG portfolio management in the region, in coordination with the regional leadership team.
• Represent IFC to key clients and stakeholders in the region, building and maintaining long-term relationships, including with public sector relevant institutions, MDBs, Donors, and investors.
• Collaborate with other World Bank Group entities and industries in the region to identify opportunities for joint ventures, resource mobilization, partnerships, and knowledge transfer to benefit clients.
Resource responsibility
• Supervise FIG Managers and act as Secondary Supervisor or Reviewing Official for other FIG staff in the region.
• Implement agreed corporate initiatives for enhancing efficiency and client service.

Selection Criteria

• A master’s degree, or equivalent professional qualification in economics, finance, or business, and at least 15 years of relevant experience.
• Commitment to the World Bank Group and IFC's mission, strategy, and values.
• Proven track record of business delivery, investment experience, superior business judgment, and policy dialogue, with professional credibility across financial sector institutions and markets (e.g., banks, non-bank financial institutions, capital markets, fintech), including strong knowledge of capital markets.
• Strong knowledge and experience leading investment decision processes, including dealing, assessing, and making decisions related to credit, legal, and E&S issues.
• Excellent written and verbal communication skills and fluency in English and Spanish.
• Demonstrated ability and experience to think strategically, prioritize effectively, set direction, mobilize resources, and deploy them flexibly, supporting teamwork and collective leadership.
• Strong interpersonal skills, with the ability to work collaboratively and represent the organization to external clients and stakeholders across public and private sectors.
• Ability to represent the organization to external clients and stakeholders from the public and private sectors.
• Proven ability to lead and manage large, dispersed teams in dynamic, multicultural environments, with excellent people management skills, openness to feedback, and the ability to guide staff toward solutions.
• High standards of integrity, decisiveness, and accountability, with the ability to make decisions, manage ambiguity, and hold others accountable for results.
• Capacity to deliver results under tight deadlines and in high-pressure environments.
• Ability to build organizational capacity through system and process improvements and be a change agent and catalyst for innovation.
• Ability to deliver results under stressful timetables and environments.
* WBG-wide managerial selection criteria include - courage of your convictions, leading the team for impact, influencing across boundaries, fostering openness to new ideas, and building talent for the future.

WBG Culture Attributes:

1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC including our values and inspiring stories.