E T Consultant

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IFC - International Finance Corporation

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Application deadline 1 year ago: Thursday 2 Jun 2022 at 23:59 UTC

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This is a World Bank Group grade: EC1 contract. More about World Bank Group grade: EC1 contracts.

E T Consultant

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 2021, IFC committed a record $31.5 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 the COVID-19 pandemic. For more information, visit www.ifc.org

The Manufacturing, Agribusiness & Services (MAS) Industry Group plays an important role in supporting IFC’s strategic priorities, covering investments in the global manufacturing and services, agribusiness, health and education 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 and can account for up to 90% of employment activity, particularly in the poorest countries.

MAS is looking for an ET Consultant to be based in New Delhi, India to support the Regional Portfolio Manager (PM) in the management of MAS’ regional debt and equity portfolio of >US$1.8 billion in South Asia. ETC will provide analytical and administrative support to the PM by conducting portfolio risk analysis, making recommendations on portfolio actions and, monitoring investment compliance and reporting. ETC will be an integral part of a team of Investment Officers (IO) who are responsible for the design, negotiation, structuring, and subsequent supervision of MAS’ investment projects in the region.

Role & Responsibilities:

Responsibilities include, but are not limited to:

• Provide analytical support to PM in evaluating risk and recommending active portfolio management actions. Analyze trends and discuss quarterly changes in portfolio returns (RAROC, IRR), risk ratings and portfolio quality; • Track progress with equity sales plan, dividends received, capital gains and portfolio returns. Review and comprehend stock analyst reports, and track analysts’ stock recommendations. Alert PM and IO to company updates and changes in stock recommendations; • Use Bloomberg to prepare regular reports on share price performance, trading volumes, market performance etc. and track performance of MAS’ listed equity portfolio vs. the market; • For the critical portfolio exposures, support PM in monitoring and analyzing industry trends, company updates and reporting back to PM and relevant IO; • Monitor the collection of income and fees from portfolio clients. Inform PM and IOs of arrears. Follow up with IOs on outstanding payments and analyze impact to NPLs and profitability; • Prepare quarterly portfolio reports, review such reports for accuracy and consistency in reporting. Analyze and interpret portfolio report to prepare summary of portfolio performance for discussion at quarterly portfolio meetings; • Support quarterly portfolio meetings by scheduling meetings, compiling materials, identifying areas of risk and concern, and benchmarking performance for the division. • Assist and/or prepare drafts of simple internal portfolio documents (waivers, amendments) and assist in the preparation of investment supervision documents (AIMM, DOTS, Disbursements, Spreading of financials for IRP) under the close guidance of the relevant IO. • Track and record development impact of projects and be responsible for development impact accounting tasks e.g. computing number of SMEs served, jobs created etc and inputting data into the DOTS and AIMM systems.

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 2021, IFC committed a record $31.5 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 the COVID-19 pandemic. For more information, visit www.ifc.org

The Manufacturing, Agribusiness & Services (MAS) Industry Group plays an important role in supporting IFC’s strategic priorities, covering investments in the global manufacturing and services, agribusiness, health and education 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 and can account for up to 90% of employment activity, particularly in the poorest countries.

MAS is looking for an ET Consultant to be based in New Delhi, India to support the Regional Portfolio Manager (PM) in the management of MAS’ regional debt and equity portfolio of >US$1.8 billion in South Asia. ETC will provide analytical and administrative support to the PM by conducting portfolio risk analysis, making recommendations on portfolio actions and, monitoring investment compliance and reporting. ETC will be an integral part of a team of Investment Officers (IO) who are responsible for the design, negotiation, structuring, and subsequent supervision of MAS’ investment projects in the region.

Role & Responsibilities:

Responsibilities include, but are not limited to:

• Provide analytical support to PM in evaluating risk and recommending active portfolio management actions. Analyze trends and discuss quarterly changes in portfolio returns (RAROC, IRR), risk ratings and portfolio quality; • Track progress with equity sales plan, dividends received, capital gains and portfolio returns. Review and comprehend stock analyst reports, and track analysts’ stock recommendations. Alert PM and IO to company updates and changes in stock recommendations; • Use Bloomberg to prepare regular reports on share price performance, trading volumes, market performance etc. and track performance of MAS’ listed equity portfolio vs. the market; • For the critical portfolio exposures, support PM in monitoring and analyzing industry trends, company updates and reporting back to PM and relevant IO; • Monitor the collection of income and fees from portfolio clients. Inform PM and IOs of arrears. Follow up with IOs on outstanding payments and analyze impact to NPLs and profitability; • Prepare quarterly portfolio reports, review such reports for accuracy and consistency in reporting. Analyze and interpret portfolio report to prepare summary of portfolio performance for discussion at quarterly portfolio meetings; • Support quarterly portfolio meetings by scheduling meetings, compiling materials, identifying areas of risk and concern, and benchmarking performance for the division. • Assist and/or prepare drafts of simple internal portfolio documents (waivers, amendments) and assist in the preparation of investment supervision documents (AIMM, DOTS, Disbursements, Spreading of financials for IRP) under the close guidance of the relevant IO. • Track and record development impact of projects and be responsible for development impact accounting tasks e.g. computing number of SMEs served, jobs created etc and inputting data into the DOTS and AIMM systems.

Selection Criteria

• Bachelors degree in business, finance, accounting or equivalent field required and relevant experience with a minimum of 3 years experience. • Excellent knowledge of Word, Excel, PowerPoint and aptitude to learn new systems is a must. • Excellent written, verbal communication and presentation skills plus fluency in English is a must. • Ability to think independently, analyze problems and identify appropriate solutions is a must. • Excellent organizational, administrative and time management skills with proven ability to work efficiently under time constraints. • Strong interpersonal skills and the ability to work with stakeholders at all levels (inside and outside IFC) with demonstrated teamwork and client service orientation is a must. • Knowledge of IFC's portfolio procedures and processes, or strong previous relevant experience is a plus.

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Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.

Added 1 year ago - Updated 1 year ago - Source: worldbank.org