(Associate) Investment Officer

Contract

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 in developing countries. In fiscal year 2022, IFC committed a record $32.8 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 as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

IFCs Manufacturing, Agribusiness & Services (MAS) Industry Group seeks an Associate/ Investment Officer (AIO/IO) to work in IFCs Istanbul office. Geographic coverage includes the countries of the Middle East, Central Asia, Türkiye, Pakistan and Afghanistan (MCT). The selected person will work closely with IFC’s more senior Investment Officers on the identification, design, negotiation, structuring and subsequent supervision of the Corporation’s MAS investments (including assistance in portfolio restructurings, rescheduling, capital increases, equity sales etc.).

MAS clients play an important role in supporting IFC’s strategic priorities, covering investments in the manufacturing, agribusiness and services (i.e. health and education plus tourism, retail and property) sectors. MAS sectors play a critical role in providing goods and services to consumers; addressing core needs, creating jobs, contributing to government revenue and stimulating growth. In IFC’s client countries, these sectors can account for as much as 80% of overall economic activity in a given country.

Roles and Responsibilities: Responsibilities include, but are not limited to: • Create financial models • Analyze historical and projected financial statements • Conduct industry and market research and assist in IFC’s business development efforts • Review company information and prepare reports on periodic financial statements and project progress reports and other information submitted by clients • Prepare documentation for IFC internal processes • Establish and maintain quality client relationships to ensure responsive client service • Help in monitoring of investments in portfolio companies • Help in developing innovative and appropriate financial structures for straightforward transactions • Participate and assist in negotiations as appropriate; use financial competences and personal influencing skills to overcome impasses and help in concluding negotiations to a successful outcome • Work with senior staff to develop a strong pipeline of good quality investment opportunities • Coordinate closely with social, environmental, and technical assistance colleagues to add value to our clients' businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact

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 $32.8 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 as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

IFCs Manufacturing, Agribusiness & Services (MAS) Industry Group seeks an Associate/ Investment Officer (AIO/IO) to work in IFCs Istanbul office. Geographic coverage includes the countries of the Middle East, Central Asia, Türkiye, Pakistan and Afghanistan (MCT). The selected person will work closely with IFC’s more senior Investment Officers on the identification, design, negotiation, structuring and subsequent supervision of the Corporation’s MAS investments (including assistance in portfolio restructurings, rescheduling, capital increases, equity sales etc.).

MAS clients play an important role in supporting IFC’s strategic priorities, covering investments in the manufacturing, agribusiness and services (i.e. health and education plus tourism, retail and property) sectors. MAS sectors play a critical role in providing goods and services to consumers; addressing core needs, creating jobs, contributing to government revenue and stimulating growth. In IFC’s client countries, these sectors can account for as much as 80% of overall economic activity in a given country.

Roles and Responsibilities: Responsibilities include, but are not limited to: • Create financial models • Analyze historical and projected financial statements • Conduct industry and market research and assist in IFC’s business development efforts • Review company information and prepare reports on periodic financial statements and project progress reports and other information submitted by clients • Prepare documentation for IFC internal processes • Establish and maintain quality client relationships to ensure responsive client service • Help in monitoring of investments in portfolio companies • Help in developing innovative and appropriate financial structures for straightforward transactions • Participate and assist in negotiations as appropriate; use financial competences and personal influencing skills to overcome impasses and help in concluding negotiations to a successful outcome • Work with senior staff to develop a strong pipeline of good quality investment opportunities • Coordinate closely with social, environmental, and technical assistance colleagues to add value to our clients' businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact

Selection Criteria

• Master's degree in finance, business, banking, or related field; • 5 years work experience in a financial institution or other finance-related field, with track record in areas of sourcing, structuring and closing investments and/or supervising loan and equity exposures • Strong analytical, financial and credit skills including corporate/project finance areas and ability to understand / structure a variety of financial instruments (debt and equity) • Ability to develop complex financial models • Demonstrated knowledge of industries, industry trends and opportunities in the sub-region countries, and understanding of local issues • Strong inter-personal skills, ability to interact effectively with clients, financial and technical partners and colleagues from various cultural backgrounds • Keen interest in development finance and multicultural environments • Ability to communicate clearly and concisely both orally and in writing • Fluency in English required, Turkish is preferred while other MCT languages (Arabic, Russian) a plus • Genuine commitment to sustainable development and to highest ethical standards

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.