Associate Investment Officer

Contract

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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.

IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity in frontier markets. This strategy calls for generating our own opportunities by proactively working “Upstream” to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries, and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. It also requires capacity to leverage WBG programs and projects to develop our own proactive sector interventions and to imagine and design projects even in the absence of reforms.

At the same time, IFC has pledged to significantly increase its technical support and investments in health and education and to promote digitalization, as a way to further access, quality, sustainability and inclusiveness in emerging markets. As part of its strategy to increase the resilience of health systems in emerging markets, IFC is also supporting nearshoring of medical equipment, supplies, drugs, active pharmaceutical ingredients, and vaccines, and fostering the development of more public private collaborations under PPPs (among others), allowing for more access to life-saving products and services. IFC plans to deliver on these commitments by working with clients to help them develop and implement digitalization strategies, expansion projects, internationalization programs, feasibility and market assessments, project planning and structuring, and other types of strategic initiatives. Areas of focus include digital transformation of players in tertiary education, health services and pharma sectors, internationalization of local champions, nearshoring, new business models and public private partnerships, amongst others.

In this context, IFC is seeking an Associate Operations Officer or an Associate Investment Officer for the Latin America & Caribbean (LAC) region with familiarity in the health and education sectors (tertiary education, pharmaceuticals, medical technologies, health services, and/or digitalization). Under the supervision of the Upstream and Advisory Manager, the selected candidate would focus on supporting the development of a pipeline of high-quality health and education investment opportunities. The origination of these is essential to build the pipeline of future IFC investments. S/he would work across IFC business lines and support policy work and other interventions across the World Bank Group to prioritize various initiatives and to maximize the impact of IFC’s efforts.

Role & Responsibilities: • Help spot new trends and business models in the H&E sectors that further the goals of the World Bank and can address development challenges in emerging markets. • Contribute to data analysis and stress-testing of various operating models to generate ideas for new projects, products and platforms. • Support the identification and assessment of impactful and innovative potential investment opportunities based on country and sector strategies and market creation potential. • Support the assessment of early-stage opportunities and substantiate their investment thesis considering their potential for scalability and replicability. • Contribute to the preparation of feasibility studies, market assessments and implementation plans for new and existing investment opportunities. • Support World Bank and IFC colleagues to analyze sector and regulatory reforms needed to unlock opportunities for private investment. • Manage and process activities and projects, collaborating closely with investment teams to ensure alignment. • Produce regular reports on the assigned portfolio including supervising progress against project milestones and key performance indicators.

Selection Criteria

• Master's degree or equivalent professional qualification in Business, Finance, Economics, Science, Engineering, Health, Education or another related field. • 4 - 6 years of relevant work experience (banking, private equity, consulting, or another fast-paced, knowledge-based work environment) • Experience developing solutions for private sector clients in one or more of the health and education verticals in which IFC invests: tertiary education, early childhood education, EdTech, pharmaceuticals, medical technology health services and/or senior care. Familiarity in developing, implementing, and financing these types of projects is preferred. • Familiarity with finance: sourcing, structuring, and/or closing investments. • Appreciation for how policy reforms, advisory interventions, investment, and mobilization can be linked to deliver solutions at a country level. • Ability to support engagements with private sector clients, local and national governments, and other partners to encourage pioneering business and market development. • Demonstrated ability to manage multiple and competing demands while ensuring quality of products. • Ability to communicate clearly and work collaboratively with different stakeholders and to coordinate tasks with other team members • Experience with project and/or program development, executing against implementation plans with defined business development achievements. • Experience in monitoring and reporting on a portfolio of projects, programs, and or initiatives. • Outstanding analytical and critical thinking skills. • Strong written and verbal communications skills in English. Proficiency in Spanish and/or Portuguese strongly preferred. • Acquaintance with the Latin America and Caribbean region is a plus. • Genuine dedication to development and to the World Bank Group and IFC's mission, strategy, and values. • Understanding of IFC’s strategic priorities and changing business model against the backdrop of IFC 3.0.

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.