The Financial Institution Group (FIG) is one of IFC’s key Departments responsible for a significant portion of IFC’s business volume, profitability and development reach, approximately 40%. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas, with both investment and advisory services delivered globally to IFC’s clients through IFC’s global network. FIG has three main objectives: 1) financial inclusion 2) servicing the real economy and 3) mobilizing third-party resources.
FIG is seeking to hire four (4) Extended Term Temporary Consultants (ETT) based in Mexico City, Mexico. ETTs work closely with IFC’s Investment Officers who are responsible for the design, negotiation, structuring, and subsequent supervision of the Corporation’s investment projects. ETTs help identify new projects and assist investment officers in executing deals, advising private companies on restructuring and using financial instruments (e.g., risk management tools).
Roles and Responsibilities:
- The ETTs will be integrated into the team that develops new business, completes transactions, and supervises a portfolio of loans, quasi-equity and equity investments in FIG’s LAC region.
- The candidate is required to know and effectively use fundamental business concepts and practices and to provide analytical, research and other professional support to professional level Investment Officers. The work program is varied and may be somewhat complex requiring evaluation, original thinking and various written outputs.
- Create financial analysis models
- Support structuring of new investments
- Analyze historical and projected financial statements and prepare periodic portfolio reports
- Conduct industry and market research and assist in IFC’s business development efforts
- Monitor operational and financial performance of client companies to evaluate risk and recommend active portfolio management actions
- Prepare documentation for IFC internal processes and monitor compliance with IFC financial, environmental and legal requirements
- Establish and maintain quality client relationships to ensure responsive client service and to enhance new business opportunities
- Participate in investments negotiations
- Liaise with colleagues across departments and the region and at the head office in Washington DC
- Participate in the monitoring of investments in portfolio companies
- Bachelor’s or equivalent degree with specialization in business, finance, accounting, economics, etc.
- Preferably with at least 1-2 years of experience in finance, banking, portfolio management or consulting (ideally with a major financial institution, rating agency, consulting firm, etc.)
- Good knowledge of financial markets and one or more Latin American financial markets a plus
- Strong financial analysis and modelling skills using Microsoft excel and ability to identify key issues
- Sound numerical, analytical and conceptual skills encompassing finance and the associated areas of investment, portfolio management and corporate finance and economics
- Commitment to economic development and keen interest in development finance in emerging markets
- Ability to work successfully in multicultural teams and across boundaries
- Demonstrated teamwork skills
- Strong client service orientation with an openness to feedback and new ideas
- Excellent presentation skills and ability to present ideas clearly and confidently
- Fluency in English and Spanish (oral and written)