Associate Investment Officer/ Investment Officer at World Bank Group
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 Recommended:
2023, IFC
committed a record US$43.7 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 global compounding crises. For
more information, visit www.ifc.org.
Recommended:
| Job #: | req26888 |
| Organization: | IFC |
| Sector: | Agribusiness |
| Grade: | GF |
| Term Duration: | 3 years 0 months |
| Recruitment Type: | Local Recruitment |
| Location: | Cairo,Egypt;Rabat,Morocco ;Dar Es Salaam,Tanzania |
| Required Language(s): | English |
| Preferred Language(s): | Arabic or French |
| Closing Date: | 4/12/2024 (MM/DD/YYYY) at 11:59pm UTC |
The Manufacturing, Agribusiness
and Services (MAS) Africa Department is recruiting an Associate
Investment Officer/Investment Officer to join the Manufacturing team,
which is responsible for sourcing and executing investment transactions
in the manufacturing sectors.
The Associate Investment Officer
/Investment Officer will be based in Cairo, Egypt, Rabat, Morrocco or
Dar Es Salaam, Tanzania and will report to the Manufacturing Manager for
Africa.
Duties and Accountabilities
The Associate Investment
Officer/Investment Officer will work closely with colleagues in the
region and in Washington, DC, on business development, transaction
execution, portfolio supervision, and client relationship management.
The responsibilities include but are not limited to:
• Develop a thorough
understanding of the relevant sector and support team in developing
strong relationships with key counterparts in the private and public
sector as well as development partners.
• Proactively identify potential
investment partners and opportunities based on industry experience,
reputation, market potential, financial capability, and strategic fit.
• Assess the attractiveness of
specific investment opportunities with a strong focus on credit quality
and development impact and make recommendations to IFC’s management.
• Execute loan, equity, and
mezzanine financings including processing mandates, conduct due
diligence, structuring deals, negotiate terms and documentation, arrange
syndications, and process internal approvals.
• Work closely across departments
to support the development and implementation of relevant sector
strategies (including country strategies, SCDs, CPSDs, etc).
• Work closely with IFC’s
specialists to manage environmental, social, technical, legal,
insurance, corporate governance, and other risks in projects and
champion IFC’s sustainability offerings to clients.
• Monitor clients’ compliance
with the terms of investment agreements, prepare timely supervision
reports, identify early warning signs, and, when necessary,
formulate/implement strategies for work-outs, restructurings or
rescheduling.
• Provide high quality client service throughout the project cycle from transaction sourcing and processing to supervision.
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Selection Criteria
• MBA, Master’s degree in Finance or equivalent;
• At least 5+ years of work
experience for a major commercial or investment bank with significant
emerging markets presence, an international financial institution or a
private equity firm;
• Experience in investment
transaction, with proven success in developing client relationships as
well as sourcing, negotiating, structuring and closing quality
investments;
• Knowledge of and experience in emerging markets a plus (particularly in North/North-East Africa);
• Strong business judgment in identifying potential business partners;
• Strong financial and credit
skills; sound business judgment and demonstrated ability to structure a
variety of financial instruments (debt and equity);
• Client relationship skills, track record and ability to focus on client needs effectively;
• Ability to interact directly
and independently with the senior management of clients, financial and
technical partners as well as senior government officials;
• Strong interpersonal and
leadership skills, ability to work successfully in multicultural teams
and across boundaries and to build networks across the region, including
the ability to mentor and coach others to achieve results;
• Excellent organizational, administrative, and time management skills;
• Proven ability to work independently and deliver promptly and efficiently under pressure and meet tight deadlines;
• Willingness to travel extensively and geographic flexibility;
• Excellent verbal and written
communication skills in English. Arabic language skills strongly
preferred, fluency in other languages a plus.
