IFC—a sister organization of the World Bank and 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 2019, we invested more than $19 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity.
IFC has embarked on an ambitious new strategy to stimulate more investment activity, especially in Low Income Countries (LICs) and Fragile and Conflict affected States (FCS). This new strategy aims at creating our own opportunities for private investments in riskier markets by proactively working in these countries to create, deepen, and expand the markets themselves. The Creating Markets strategy requires taking a systematic approach that draws on Country Strategies together with diagnostic tools, including Country Private Sector Diagnostics (CPSDs) and Sector Deep Dives. This strategy also calls for a closer WBG collaboration in order to identify and prioritize operations at the country and sector level based on the Cascade.
IFC’s Public-Private Partnership Transactions Advisory department (CTA) is critical to the Creating Markets strategy by helping implement the cascade. It provides sell-side financial advisory services to client governments with the purpose to increase access to basic infrastructure and social services by facilitating private investments in these sectors. Specifically, the team acts as Lead Transaction Advisor to governments to structure and implement public-private partnerships (PPP) transactions across all infrastructure sectors, e.g. power, water, transportation, and telecommunications, as well as social sectors such as health and education.
In Brazil, C3P has a partnership with the Brazilian Development Bank (Banco Nacional de Desenvolvimento Economico e Social – BNDES) and the Inter-American Development Bank (IDB) (the Private Sector Partnership Program – PSP Program) to jointly develop such projects. C3P is seeking to recruit an Investment Officer (IO), to be based in Sao Paolo, Brazil; who will report to the head of the PSP Program.
Duties and Accountabilities
The selected individual will be required to support in the origination and execution of financial advisory mandates primarily in relevant country but will also work across the LAC region on implementing other PPP transactions.
Duties include, but are not limited to:
- Proactively undertake business development in infrastructure and social sectorsDevelop new client relationships and project leads Undertake project scoping to assess feasibility of potential projects, take a lead in origination activities and marketing activities, e.g. supervision of proposal preparation, mandate negotiation with clientsAbility to manage different types of consultants and review legal and technical outputs, documentation and financial modelsDevelop transaction structure options for PPP projects, provide innovative solutions and present recommendations to clientsOrganize and manage the tendering process of projects, including marketing of projects Develop, coach, motivate and manage junior members of the teamAssist in other projects or strategy related activities as the need may ariseUnderstand the legal and regulatory impediments for private sector participation in Brazil with and work closely with the other parts of the WBG to overcome theseActively participate in the development and implementation of upstream activities in line with IFC 3.0 to create, deepen and expand markets with the regional and global team from across IFC and the WBGCoordinate with different WBG groups particularly on the Maximizing for Finance (MFD) agenda to assess opportunities for PPPs in the WBG operations, where possible and to provide bespoke solutions to our clients to achieve sustainable development impact
- MBA or equivalent qualificationMinimum 7 years of relevant experience on PPP transaction advisory, M&A or privatization advisory on buy and/or sell side, project finance, private equity, project management – all with focus on the infrastructure sectorMinimum 3 years of experience of sell-side PPP advisory is considered a plusStrong experience in infrastructure sectors with knowledge of sector trends and legal and regulatory requirements and with proven track record of infrastructure/PPP transactionsStrong existing relationships with project developers, investors, and technical and legal consultants in the infrastructure space are preferredStrong analytical and financial modeling/structuring skills and demonstrated ability to:
- Lead a variety of transaction advisory mandates, debt and equity transactionsIndependently develop own financial models and sound financial analysis of the models to draw conclusionsStructure or restructure transactions to ensure prudent and sustainable risk sharing among all parties
- Ability to work under pressure and deliver high quality work within deadlines to meet team objectivesAbility to interact directly and independently with potential clients, financial and technical partners as well as with senior government officialsWillingness and ability to travel on short notice and frequently, as requiredExperience in a development institution is considered a plusExcellent communication skills in Portuguese and English are essential, and Spanish would be a plus