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Manager, Development Impact Evaluation

Job #: req19158
Organization: IFC
Sector: Other
Grade: GH
Term Duration: 4 years 0 months
Recruitment Type: International Recruitment
Location: Washington, DC,United States
Required Language(s): English
Preferred Language(s):
Closing Date: 11/30/2022 (MM/DD/YYYY) at 11:59pm UTC



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 2022, IFC committed a record $32.6 billion to 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 Development Impact Measurement Department (CDI) is part of the Economics & Private Sector Development Vice Presidency. It is responsible for developing and implementing the ex-ante development impact framework (the Anticipated Impact Measurement and Monitoring system or AIMM) for investment and advisory projects throughout the project cycle; measuring development impact during project implementation and conducting ex poste evaluations; and providing high-quality sector economic analysis for IFC research, country diagnostics, and operational teams. 

CDI is recruiting a Manager to lead the Development Impact Measurement Unit. This unit will include approximately 20 staff, comprising the department’s economic modeling team, the environmental and social sustainability team, and other economists and results measurement specialists. The Manager will be responsible for the ongoing development and implementation of the AIMM system, engaging with IFC Operational teams and the World Bank Group Board members on how we measure development impact, and representing IFC in external conferences and forums on impact measurement. We are looking for an experienced professional with excellent management skills and a proven ability to engage with the most senior levels of management in discussing the methodologies and results of development impact evaluation. 

Duties and Responsibilities

Under the overall guidance of the CDI Director, the duties of the Manager include:

• Provide intellectual leadership, execute the unit’s quality control function, and manage day-to-day implementation of IFC’s impact rating system, the AIMM system. This includes:
o Conceptualize and execute on opportunities to improve the AIMM rating system regarding its effectiveness, efficiency, and transparency to meet the growing volume of IFC business in coming years. 
o Work seamlessly with the sector economists in CDI on AIMM ratings for all IFC investment and advisory projects. 
o Oversee the department’s economic modeling and environmental and social sustainability teams, both of which manage a variety of analytical tools, technical guidance notes, and databases to estimate development impact.   
o Provide quality control for all AIMM ratings and development impact narratives for project documentation advanced to the WBG Board.
o Create an Advisory Group comprised of internal and external stakeholders to promote continuous refinement of AIMM methodologies and results.
o Perform regular stock-taking exercises and analytical work to identify lessons from the AIMM implementation experience that can be disseminated to IFC staff and other audiences. Contribute to ongoing activities to update and improve IFC’s processes and procedures in light of findings from the AIMM monitoring cycles. Administer internal operational and knowledge management processes to maximize the efficient delivery of AIMM scores.
o Expand the AIMM monitoring approach for active IFC investments to assess how ex ante ratings evolve and to promote active management of IFC’s portfolio.
• Lead the analysis and summaries of IFC development impact for IFC’s corporate scorecard, annual reports, Board papers, and other purposes as requested.
• Expand IFC’s leadership role in impact management practices across the impact investing industry, through thought leadership and other initiatives. 
• Contribute to alignment of the AIMM framework with external evaluation methodologies, including the World Bank’s Independent Evaluation Group (IEG) evaluations of investment projects. 
• Promote learning within IFC to ensure enhanced understanding of analytical techniques and impact management approaches. This includes (a) working within the department with CDI staff to improve the assessment and articulation of impact; and (b) creating and delivering a regular series of training workshops for investment and operations officers, managers, senior management, and (c) create informal technical briefings for the World Bank Group Board to ensure a common understanding of IFC’s impact management framework. 
• Develop an effective communications plan which together with the knowledge management program will help mainstream conceptual impact measurement approaches, promote clarity, transparency, as well as the AIMM framework’s visibility.
• Work collaboratively with other CDI units and relevant staff across the Economics & Private Sector Development Vice Presidency to provide the highest-quality business outcomes. 
• Represent IFC externally with other development finance institutions, impact investors, and academics on development impact measurement and results evaluation. 
• Manage, mentor and develop the staff in the unit. 

Selection Criteria

In addition to the WBG Managerial competencies*, the successful candidate must possess:

• PhD or Masters in economics or related field; PhD preferred.
• At least 12 years of experience at successively higher levels of responsibility, demonstrating excellent quantitative and analytical skills in economics and increasing levels of management responsibility. 
• Demonstrated substantive experience related to development impact measurement, results frameworks, and impact evaluation for private sector operations, or ESG risk management and ratings, including the creation and execution of new methodologies.
• Excellent people management skills and ability to guide staff to excellent business outcomes. Demonstrated ability to effectively recruit, mentor and develop staff.
• Demonstrated teamwork and collaboration skills, including ability to work in a matrix as an integral part of the department and in collaboration with IFC operations and regional counterparts 
• High energy, drive, and ability to manage a large portfolio of activities efficiently, proven organizational management skills, strategic thinking and sound business judgment.
• Proven ability to lead high level discussions with senior management and external stakeholders to inform thinking on important policy, strategy, operational, and impact management.
• Excellent written and verbal communication skills and ability to communicate effectively with high-level stakeholders.

* World Bank Group-wide managerial selection criteria include: (i) Courage of your convictions, (ii) Leading the team for impact, (iii) Influencing across boundaries, (iv) Fostering openness to new ideas, and (v) Building talent for the future.

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.