Digital Financial Services Specialist

Job Title: Digital Financial Services ExpertInternational Finance Corporation (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 twenty-twenty-five, IFC committed a record seventy-one billion dollars 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 our official website.We are seeking to engage a Short-Term Consultant (STC) with deep expertise in digital financial services, digital transformation, and technology strategy. The consultant will work closely with our teams and client institutions to assess current digital capabilities, design and implement digital strategies, and build institutional capacity to deliver inclusive, technology-enabled financial services in the areas of digital micro, small, and medium enterprises (MSME) banking, digital affordable housing finance, and digital transformation.The primary objective of this assignment is to provide strategic and technical advisory support to our clients in the areas of digital transformation, digital micro, small, and medium enterprises (MSME) banking, and digital affordable housing finance, with a focus on:Enhancing clients' digital capabilities and IT infrastructure.Designing and implementing innovative digital financial products and services.Building institutional capacity to adopt and scale digital solutions.Supporting financial inclusion through technology-enabled delivery channels.Scope and TasksSupport our Advisory and Upstream teams – South Asia (primary focus) and Asia Pacific (secondary focus). The indicative scope of work includes:Digital Strategy and IT Infrastructure AdvisoryAssess existing IT systems, including core banking platforms, digital applications, and technology stacks.Provide strategic recommendations to optimize digital capabilities and align technology infrastructure with business objectives.Digital Finance Capacity BuildingProvide advisory support for clients in relation to their digital finance capacity building, especially on digital transformation, digital MSME banking, and digital affordable housing.Digital MSME Banking SolutionsAdvise on the design and implementation of digital banking products and services tailored to MSMEs, with a focus on digital MSME lending.Support clients in building digital platforms that meet the unique needs of MSMEs and promote financial inclusion.Capacity Building and Digital TransformationSupport clients in developing and executing digital transformation strategies.Leverage emerging technologies such as AI, data analytics, and automation to improve efficiency and customer experience.DeliverablesThe consultant will be expected to deliver, at a minimum:Digital Strategy and IT Advisory: Comprehensive assessment reports and strategic recommendations covering digital strategy, governance, processes, product development, and risk management.Digital MSME Banking Solutions – Design and Implementation: End-to-end support for the design, development, and rollout of digital products and services tailored to MSMEs.Digital Transformation and Capacity Building: Customized transformation strategies and targeted capacity-building programs to facilitate effective digital adoption.Technology Framework and Process Optimization: Detailed plans for redesigning and enhancing core systems, operational processes, and digital delivery channels.Selection CriteriaThe ideal candidate should have:At least twelve years of work experience in Digital Financial Service within the financial sector, including consulting and banking, preferably in India.Has demonstrated success in defining, designing, and implementing digital solutions, such as MSMEs banking solutions and/or affordable housing solutions.Strong technical skillset across Core Banking System (CBS), Digital Payments, Internet & Mobile Banking Systems.Advanced analytical and problem-solving skills, combined with sound business acumen, to identify key issues and deliver innovative and practical solutions.Ability to respond rapidly and flexibly to client needs, manage multiple priorities, and deliver high-quality output under tight deadlines.Ability to communicate well in English.],