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.

IFC has embarked on an ambitious new growth strategy, the outcome of which will be to double our volume of business by 2030 and triple the work we do in Low Income Countries (LICs) and Fragile and Conflict affected States (FCS). To do so, IFC will need to deploy its full range of financing, mobilization, advisory, convening and thought leadership skills. This also calls for the need to generate our own opportunities by proactively working “Upstream” to create, deepen, and expand markets and opportunities for the private sector and to imagine, design and implement investment projects. This strategy also relies on a closer WBG collaboration through the “Cascade” approach: working with clients, we will first seek private sector solutions to address development challenges—where such solutions are advisable and can be effective—and reserve public financing for projects only when other options are suboptimal.

The Infrastructure and Natural Resources (INR) Industry is one of IFC’s key strategic priorities. The team delivers financial and technical support to clients in the power, transport, municipal & environmental infrastructure, oil and gas, and mining sectors, from IFC’s own Balance Sheet and through mobilization of other capital. The Department also seeks to maintain IFC, as part of the World Bank Group, at the cutting-edge of helping member countries find solutions to new and emerging infrastructure and natural resource issues.

IFC's priorities in Asia for INR are: (i) grow business in the region and achieve strong profitability and impact; (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients; (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans and parallel loans; (vi) introduce and develop new financial products; (vii) build long-term partnerships with strong regional players and (viii) develop client, sector and country-level solutions that can be scaled and replicated.

Roles and Responsibilities

The candidate will be located in Dhaka, Bangladesh and is expected to perform the functions of an Associate Investment Officer at all material stages of the IFC deal cycle, from deal origination to portfolio management:

• Demonstrate a thorough understanding of finance and financial services. Broad sector experience in Infrastructure and Natural Resources is important.

• Support the regional team in developing strong relationships with key counterparts in the private and public sector as well as development partners, including establishing and maintaining quality client relationships to ensure responsive client service and to enhance new business opportunities.

• Proactively identify potential investment 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 including creating financial models, analyzing historical and projected financial models and conducting industry and market research and assist in IFC’s business development efforts.

• Participate in negotiations; use negotiation skills to overcome impasses and finalize negotiations in straightforward transactions.

• When required, lead transactions and develop appropriate financial structures for straightforward and complex transactions.

• Take responsibility for the proactive management of multiple portfolio investments.

• 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.

• Prepare documentation for IFC internal processes.

Selection Criteria

• MBA or equivalent qualification (e.g. CFA) with specialization in finance.

• At least 5+ years’ working experience in finance with a proven track-record of supporting the origination process, structuring and closing investments.

• Experience in investment transactions, 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).

• Strong business judgment in identifying potential business partners;

• Robust financial and credit skills; sound business judgment, modelling skills 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.

• Highly motivated, committed to highest ethical standards; Strong interpersonal and leadership skills, ability to work successfully in multicultural teams and across boundaries.

• 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 throughout the sub-region.

• Excellent verbal and written communication skills in English.

• Fluency in Bangla language 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.