Investment Officer

World Bank , Washington DC, United States

Skill Required:, Finance and Accounts
Preferred Experience: 
7 to 10 Year
Closing Date for Applications: 
3rd March, 2020


Job Description

Description

Do you want to build a career that is full of meaning and impact? 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 to create markets and opportunities where they are needed most. 

IFC has embarked on an ambitious new strategy to stimulate more investment activity by Creating Markets, including in Low Income Countries and Fragile and Conflict Situations. This new strategy requires a shift in our approach to proactively create, deepen and expand markets and projects rather than waiting for clients to propose projects for IFC to finance. 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. This strategy also relies on upstream work with Governments and the wider World Bank Group to enable private sector solutions and financing.

The Financial Institutions Group (FIG) is one of the major industry groups at IFC, responsible for managing roughly 40% of IFC’s overall business in terms of volume and capital at risk. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Equity, Capital Markets, Housing, Distressed Assets, Fintech, and other areas, with both investment and advisory services delivered to IFC’s clients through IFC’s global network.

The Equity team within the Global Financial Institutions Group (CFGEQ) operates in close collaboration with regional FIG teams and regional departments to (i) formulate IFC’s strategy for investing equity and mezzanine financing across the FIG sectors, (ii) engage in business development, (iii) execute transactions, and (iv) manage assets from origination until exit.

IFC is seeking an Investment Officer for its CFGEQ team, to be based in Washington DC. The selected candidate will be responsible for providing overall support to IFC’s FIG equity & mezzanine business across all emerging markets. This role requires strong and demonstrated technical skills in structuring, negotiating and executing equity & mezzanine transactions, asset management, as well as leadership skills. The Investment Officer will report to the Global Equity Head of FIG.

Role & Responsibilities:

The role and responsibilities of the Investment Officer will include but will not be limited to:

New Business

  • Responsible for coordinating and providing substantive input to the development of investment themes and strategies, to target and grow IFC’s equity & mezzanine business based on its current portfolio, trends in countries and sectors, and IFC strategies (corporate, sectors, and regions/countries);
  • Participate in business development activities in line with investment themes;
  • Provide expertise and support to teams executing equity and mezzanine investments;

Asset Management

  • Take responsibility for equity & mezzanine asset management, including working closely with IFC’s regional deal teams and sector specialists, and investee managements;
  • Support IFC value creation at investee companies;
  • Provide expertise, guidance and support to teams managing smaller equity investments in the regional equity portfolios;Work with deal teams to devise and execute equity sales, ensuring consistency with portfolio strategy;
  • Work with deal teams and FIG management to identify, appoint and support IFC’s nominee directors to the boards of IFC investee companies.Conduct analyses & modeling of IFC’s equity & mezzanine portfolio, including sectoral and regional portfolio construction, profitability, etc.

Leadership and Knowledge Sharing

  • Support a comprehensive program for increasing the knowledge and learning of equity & mezzanine investments execution and asset management;
  • Ensure quality control of work products;Disseminate FIG’s equity culture and lessons learnt.

Selection Criteria

  • Commitment to the World Bank Group and IFC's mission, strategy and values;
  • A Master's degree or equivalent professional qualification in finance or business and 8+ years relevant work experience;
  • Experience in sourcing, negotiating and executing equity & mezzanine transactions;Network of contacts among banks, financial institutions, insurance companies, private equity and institutional investors;
  • Excellent interpersonal skills and openness to feedback;
  • Ability to develop innovative solutions and challenge the status quo to build the business;
  • Recognized as a team player, strategic thinker and thought leader;Strong written and verbal communications skills;
  • Fluency in English essential, additional languages is a plus;
  • Ability to collaborate closely with World Bank, and other development finance institutions, commercial financial institutions, and institutional investors;
  • Ability to deliver high quality work within deadlines and to meet team objectives;
  • Sound business judgment, demonstrated ability to deliver results under stressful timelines and environment;
  • Strong “deal sense” based on demonstrated track record in executing, managing, and exiting equity & mezzanine investments. Willingness and ability to travel and work across time zones;

Source:https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=6083&site=1


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