Thinking of a Career in Emergency Management?
- BY Nicole Pelette
Do you want to build a career that is truly worthwhile? The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with more than 2,000 businesses worldwide, we use our capital, expertise, and influence to create markets and opportunities where they are needed most.
Private sector financial development is essential to the promotion of successful and sustainable economies in low and middle income countries around the world. Sound and efficient financial markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth. IFC’s goal is to prioritize investment in the financial sector because it promotes development in all other sectors.
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:
The FIG’s Latin America and the Caribbean team (FIG LAC) is based across the LAC region with main hubs and locations in Mexico, Argentina, Colombia and Sao Paulo. The team members work on both new business development and portfolio management across the region.
Roles and Responsibilities
Specific responsibilities include, but are not limited to:
Demonstrate a thorough understanding of banking, financial institutions and related industry knowledge.Help develop and evaluate a pipeline of good quality investment opportunities. Identify and evaluate opportunities to increase the social development impact of new or portfolio projects.Lead transactions and develop appropriate financial structures for straightforward and complex transactions.Structure, negotiate and close new transactions, capital increases, equity sales, as necessary, with a strong focus on client and asset quality (includes evaluating new opportunities, processing mandates, due diligence, negotiating term sheets and other documents).Participate in negotiations; use negotiation skills to overcome impasses and finalize negotiations in straightforward transactions.Take responsibility for the proactive management of multiple portfolio investments.
MBA or equivalent qualification with specialization in financeAt least 6+ years’ working experience in finance with a proven track-record of supporting the origination process, structuring and closing investments. Strong preference for someone with investment experience in the financial sectorStrong financial and credit skills; demonstrated ability to structure a variety of financial instruments (debt and equity)Modeling skillsClient relationship skills, track record and ability to focus on clients’ needs effectivelyFacility to work successfully in multicultural teams and across boundariesStrong inter-personal skills, ability to interact effectively with clients and colleagues from various cultural backgroundsHighly motivated, committed to highest ethical standardsGenuine commitment to sustainable developmentExcellent verbal and written communication skills in English and Spanish.