Associate/ Investment Officer

IFC - International Finance Corporation

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This is a World Bank Group grade: GF contract. More about World Bank Group grade: GF contracts.

Associate/ Investment Officer

Description

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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, visit www.ifc.org.

The Manufacturing, Agribusiness and Services (MAS) Africa Department is recruiting an Investment Officer to join the Manufacturing and Services team, which is responsible for sourcing and executing investment transactions in these sectors.

The Associate/Investment Officer will be based in Kigali (Rwanda)/ Dar-E-Salaam (Tanzania)/ Nairobi (Kenya) and will report to the Regional Industry Manager for Services for Eastern and Southern Africa.

ROLE & RESPONSIBILITIES

The Associate/Investment Officer will work closely with colleagues in the region and in Washington, DC, on business development, transaction execution, portfolio supervision, and client relationship management in manufacturing and services.

The responsibilities include but are not limited to:

• Develop a thorough understanding of the relevant sector and support team in developing strong relationships with key counterparts in the private and public sector as well as development partners.

• Proactively identify potential investment partners and opportunities based on industry experience, reputation, market potential, financial capability, and strategic fit.

• Assess the attractiveness of specific investment opportunities with a strong focus on credit quality and development impact and make recommendations to IFC’s management.

• Execute loan, equity, and mezzanine financings including processing mandates, conduct due diligence, structuring deals, negotiate terms and documentation, arrange syndications, and process internal approvals.

• Work closely across departments to support the development and implementation of relevant sector strategies (including country strategies, SCDs, CPSDs, etc.).

• Work closely with IFC’s specialists to manage environmental, social, technical, legal, insurance, corporate governance, and other risks in projects and champion IFC’s sustainability offerings to clients.

• Monitor clients’ compliance with the terms of investment agreements, prepare timely supervision reports, identify early warning signs, and, when necessary, formulate/implement strategies for work-outs, restructurings or rescheduling.

• Provide high quality client service throughout the project cycle from transaction sourcing and processing to supervision.

Selection Criteria

• MBA, Master’s degree in Finance or equivalent.

• At least 5+ years of work experience for a major commercial or investment bank with significant emerging markets presence, an international financial institution or a private equity firm.

• Experience in investment transaction, with proven success in developing client relationships as well as sourcing, negotiating, structuring and closing quality investments.

• Knowledge of and experience in emerging markets a plus (particularly in Sub-Saharan Africa).

• Strong business judgment in identifying potential business partners.

• Strong financial and credit skills; sound business judgment and demonstrated ability to structure a variety of financial instruments (debt and equity).

• Client relationship skills, track record and ability to focus on client needs effectively

• Ability to interact directly and independently with the senior management of clients, financial and technical partners as well as senior government officials.

• Strong interpersonal and leadership skills, ability to work successfully in multicultural teams and across boundaries and to build networks across the region, including the ability to mentor and coach others to achieve results.

• Excellent organizational, administrative, and time management skills.

• Proven ability to work independently and deliver promptly and efficiently under pressure and meet tight deadlines.

• Willingness to travel extensively and geographic flexibility.

• Excellent verbal and written communication skills in English, fluency in other languages a plus.

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.

Added 2 hours ago - Updated 2 hours ago - Source: worldbank.org

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