International Finance Corporation - World Bank Group, Islamabad, Pakistan

Industry: Banking
Business Entity: Nonprofits
Location: Islamabad, Islamabad capital territory, Pakistan
Established In: Jan 1956
No. of Employees: 500
  • About International Finance Corporation - World Bank Group

    We work with the private sector in developing countries to create markets that open up opportunities for all.

    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 developing countries. The Bank Group has set two goals for the world to achieve by 2030: end extreme poverty and promote shared prosperity in every country.

    We leverage our products and services—as well as products and services of other institutions across the World Bank Group—to create markets that address the biggest development challenges of our time. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our clients and partners overcome financial, operational, and other challenges.

    IFC is also a leading mobilizer of third-party resources for projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources.

    Our projects and programs are evaluated by the Independent Evaluation Group. Accountability is ensured by the independent Office of the Compliance Advisor Ombudsman.

  • Working at IFC

    At IFC, we strive to achieve the right skills mix to respond to our clients' needs and to develop new business opportunities.

    We focus on strengthening IFC’s core competitive advantage – its people – by hiring and leveraging diverse talents. As a global organization committed to promoting sustainable private sector investment in developing countries, our diversity and inclusion strategy is critical to strengthening our client focus, enhancing responsiveness, and improving the quality of results on the ground.

    IFC looks for:

    Technical expertise

    Diverse nationalities and experiences

    Strong team work and interpersonal skills

    Leadership capabilities

    Geographical mobility

    A passion for improving people's lives through promoting private sector development in emerging markets.

  • Benefits in Working With IFC

    We offer a competitive salary and benefits to match a compelling career choice.

    The World Bank Group offers internationally competitive salaries based on your educational and professional experience. We offer the following benefits:

    Health, Life, Accident, and Other Insurance Programs

    Headquarters-recruited staff and their eligible family members (including domestic partners) may choose from three comprehensive medical/dental benefit plans, with no pre-existing condition exclusions if enrollment is made within 60 days of entry-on-duty. Staff members recruited to a Country Office are eligible for a comprehensive medical/dental benefits plan for themselves and eligible family members including domestic partners.

    The World Bank Group provides basic life and accident insurance to all staff at no cost. Headquarters-recruited staff can elect additional life and accident insurance coverage at their own expense.

    Disability and worker's compensation coverage is provided to all staff at no cost.

    Pension Plan

    The World Bank Group sponsors a comprehensive pension plan for all staff. Staff and the World Bank Group make contributions toward a pension that is used upon retirement.

    Relocation, Resettlement, and Expatriate Benefits

    For staff appointed to positions subject to international recruitment, the World Bank Group pays relocation benefits upon appointment and resettlement benefits upon end of employment. The World Bank also pays a mobility premium to eligible expatriate staff appointed to positions at headquarters subject to international recruitment, with eligibility based on nationality and visa/residency status in the appointment duty station. (Staff members appointed to non-headquarters positions subject to international recruitment may be eligible for other expatriate benefits.)

    Paid Leave

    New staff receive 26 days of annual leave and 15 days of sick leave per year, accrued daily.

    Work/Life Balance

    Helping staff achieve balance in their work and personal lives.

    The Bank strives to offer staff flexible work arrangements to provide a better work/life balance. Some of the programs that are offered to staff include telecommuting, alternate and reduced work schedules, flextime, job sharing and home-based work. These arrangements are based on the discretion of the hiring manager, the business needs of the institution, and the specifics of each individual.

    In addition, the Bank headquarters offers other services to assist in achieving work/life balance:

    Health Services Department: An on-site Health Services Department includes consultation and treatment for minor ailments or injuries during the work day, clinical services related to work assignments (such as pre-employment evaluations and travel medicine), as well as preventive care services. The department has a Health Promotion Program offering a wide range of ongoing programs and scheduled activities to encourage good health habits for staff and families.

    Fitness Center: The Bank’s fitness center is fully supplied with state-of-the-art exercise equipment, locker rooms, showers, saunas, and exercise studios — promoting and preserving the good health, morale, and productivity of staff.

    Child Care: Child care is a top concern of WB families with children. The Bank is proud to offer the World Bank Group Children's Center as an option to address these needs. In addition, backup childcare is available to staff members who need emergencies or temporary childcare.

    Lactation Room: Rooms for nursing mothers are available in a number of World Bank Group offices.

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