Investment Officer at IFC
Investment Officer
| Job #: | req29070 |
| Organization: | IFC |
| Sector: | Investment |
| Grade: | GF |
| Term Duration: | 3 years 0 months |
| Recruitment Type: | Local Recruitment |
| Location: | Kigali,Rwanda; Dar es Salaam,Tanzania; Lusaka, Zambia; Addis Ababa,Ethiopia |
| Required Language(s): | English |
| Preferred Language(s): | French |
| Closing Date: | 9/12/2024 (MM/DD/YYYY) at 11:59pm UTC |
Recommended:
Description
The IFC 3.0 strategy aims to
stimulate more investment activity across emerging markets, especially
in Low Income Countries (LICs) and Fragile and Conflict affected States
(FCS). This strategy aims to create new opportunities for private
investments in riskier markets and sectors by proactively working
“upstream” to create, deepen, and expand markets and design and develop
potential investment projects. Achieving these growth and impact
ambitions at scale requires a different approach to business
development, deal sourcing, and client support that relies on: i) a
broader product offering to engage earlier in the project cycle and
secure opportunities; ii) a greater focus on preparing clients in
nascent markets and sectors for investment; iii) a greater focus on
value addition and risk management of portfolio investment clients to
enhance their performance; and iv) a longer time horizon and a more
patient, longer-term perspective.
To drive this approach, IFC is
seeking an Investment Officer to join the Manufacturing, Agribusiness
and Services (MAS) department in the IFC Office Kigali, Rwanda; Dar es
Salaam, Tanzania; Lusaka, Zambia; or Addis Ababa, Ethiopia. The
Investment Officer will be responsible for supporting IFC’s efforts to
enable investment opportunities, enhance investment outcomes, and
improve investment conditions in Agribusiness sectors across the East
& Southern Africa subregion.
In this role, the Investment
Officer will work in closely with Country, Regional, Investment,
Upstream & Advisory teams across the institution to support IFC’s
strategic and business objectives. The selected candidate will
focus on developing a high-quality pipeline of Agri-business projects,
structuring, negotiating, and executing debt and equity investments in
the Agri-business sector while identifying upstream and advisory
opportunities to enhance these investment transactions.
Duties & Accountabilities:
The roles and responsibilities will include but not be limited to:
• Support the identification and
assessment of Upstream & Advisory and Investment opportunities based
on country and sector strategies and market creation potential.
• Work closely with the IFC
Investment Services team across countries in the East & Southern
Africa subregion to contribute to the development of early-stage project
collaborations and co-developments; feasibility studies; and/or pilot
projects that lead to investment opportunities in the Agri sector.
• Assist in designing and
implementing scalable solutions and platforms that can be replicated
across different African markets.
• Identify trends, technologies and business models; and develop innovative solutions to meet client and market needs.
• Lead client projects end to end
by a) regularly monitoring the project’s financial situation b)
efficient procurement of consultant services and c) providing monitoring
and reporting information to ensure the delivery of results in
accordance with the approved project business and M&E targets.
• Prepare project supervision and
donor reports, including M&E reports and the required back-up data
which confirms the reported results and achievements.
• Execute loan, equity, and
mezzanine financing instruments, including processing mandates,
conducting due diligence, structuring deals, negotiating terms and
documentation and processing internal approvals.
• Provide high-quality client service throughout the project cycle, from transaction sourcing and processing to supervision.
• Serving as an integral part of
the Agribusiness Upstream & Advisory team and support Project Leads
as needed in providing advice, implementation support, and assistance
with project implementation management.
Selection Criteria
• Master’s degree or equivalent
professional qualification in Business, Finance, Economics,
Agribusiness, or another relevant field.
• Over 8 years of relevant
experience in project and/or program development, producing feasibility
studies, hands-on advisory and/or consulting functions in emerging
markets.
• Strong experience in investment
banking, private equity, fund management or related areas with direct
involvement in investment transactions.
• Strong quantitative skills;
familiarity with company evaluation and valuation; and proven experience
with designing and/or working with financial models.
• Experience in project/program
management, including executing against implementation plans with
defined business development milestones.
• Ability to engage with private
sector clients, local and national governments and other stakeholders to
encourage pioneering business and market development.
Read Also:
• Demonstrated ability to deliver
results under tight timetables; strong organizational, administrative,
project and task management skills.
• A genuine commitment to development and to the World Bank Group and IFC’s mission, strategy and values.
• Understanding of IFC’s strategic priorities and changing business model against the backdrop of IFC 3.0.
• Outstanding analytical and critical thinking skills.
• Strong written and verbal communications skills in English.
How to Apply:
To submit your application, please follow the link provided below.
