IFC Reviews | Glassdoor

IFC Reviews

Updated June 19, 2017
169 reviews

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3.5
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IFC Executive Vice President & CEO Jin Yong Cai
Jin Yong Cai
56 Ratings

169 Employee Reviews

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Pros
  • The role afforded a great work-life balance (in 25 reviews)

  • Great mission, smart people, travel (in 15 reviews)

Cons
  • Bureaucratic organization given it is mission and organizational set-up (its part of the World Bank Group, but not as bad as the bank itself (in 9 reviews)

  • Outdated system, lack of career advancement in general and particularly meritocracy based promotion system (in 8 reviews)

More Pros and Cons

  1. Helpful (1)

    "Investment Officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Officer in Washington, DC
    Current Employee - Investment Officer in Washington, DC
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at IFC full-time (More than 5 years)

    Pros

    Global mobility, global teams, good internal career development options and flexibility, good work-life balance

    Cons

    Slow speed of innovation


  2. "Excellent Investment Analyst Program"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Analyst in Washington, DC
    Former Employee - Investment Analyst in Washington, DC
    Approves of CEO

    I worked at IFC full-time (More than 3 years)

    Pros

    As an investment analyst you get to be part of small teams working on investment projects across the world. The team usually consists of an Investment Officer (your immediate superior), lawyer, technical specialist and environmental/social specialist. Get to travel, especially if you are in HQ

    Cons

    Bureaucratic organization given it is mission and organizational set-up (its part of the World Bank Group, but not as bad as the bank itself. Likely to have investment portfolio work (20-30% of your time).

    Advice to Management

    Need to develop strong and distinct culture of the organization, group and sub-groups. Many people gravitate to IFC for intrinsic benefits of its work. Those benefits have to be maintained and supported.


  3. "Equity and Valuation"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC

    Pros

    Good systemic understanding of overall portfolio management.

    Cons

    Very limited exposure as entry-level staff.


  4. "Great Place"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC
    Positive Outlook
    Approves of CEO

    I worked at IFC full-time (Less than a year)

    Pros

    Great people, good learning, and good atmosphere

    Cons

    Slow growth and frequent travels,


  5. "great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    global work, strong professional cadre, international travel, scope for innovation

    Cons

    international bureaucracy, complicated decision process,


  6. "IFC"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Investment Officer in Washington, DC
    Current Employee - Senior Investment Officer in Washington, DC

    Pros

    Diversity, mobility, job security, good opportunity for "soft" landing in emerging markets across the globe

    Cons

    High level of bureacracy, slow, a lot of internal paper work


  7. "Good overall"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Washington, DC
    Former Employee - Consultant in Washington, DC

    Pros

    Ability to work with a very diverse team and interact with people from around the world.

    Cons

    Very bureaucratic organization making approvals very lengthy. You got to know the right people to get your contract renewed.


  8. "HR Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at IFC full-time

    Pros

    Good working environment, benefits and compensation.

    Cons

    Too much bureaucracy disables taking action in a fast manner. Climbing up the stairs is tough and it takes quite a lot of time unless you are in the investment stream.

    Advice to Management

    Better career management, promote your good performing staff before they take off.


  9. Helpful (3)

    "Great people, interesting work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Officer in Washington, DC
    Former Employee - Investment Officer in Washington, DC
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at IFC full-time (More than 5 years)

    Pros

    Did not realize how good I had it until I left. Some of pros:
    - People
    - Interesting projects on leading development issues
    - Benefits
    - Travel / travel benefits
    - Networking
    - Global office infrastructure

    Cons

    There are frustrating aspects of the culture:
    - Decisions made based on politics
    - Excessive internal bureaucracy
    - Slow moving
    - Lack of professional development
    - Dependence on consultants

    Advice to Management

    Adjust salaries across offices to be more fair. Expand professional development programs. Stop mistreating consultants.


  10. "International Development Finance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Officer in Washington, DC
    Former Employee - Operations Officer in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Diversity in regions, industries, services products

    Cons

    Rigid and large organization and too much de-compartmented.


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