Background / General description
The International Finance Corporation (“IFC” or the
“Corporation”), the private sector arm of the World Bank Group, is the largest
multilateral provider of financing for private enterprise in emerging markets.
IFC provides loans, equity, structured finance and risk management tools as
well as advisory services to build the private sector in developing countries.
IFC invests in private sector projects that are financially and economically
viable and have a substantial development impact.
“Corporation”), the private sector arm of the World Bank Group, is the largest
multilateral provider of financing for private enterprise in emerging markets.
IFC provides loans, equity, structured finance and risk management tools as
well as advisory services to build the private sector in developing countries.
IFC invests in private sector projects that are financially and economically
viable and have a substantial development impact.
The Manufacturing,
Agribusiness and Services Department (“MAS”), one of IFC’s industry
departments, supports investments in the real sector to fuel economic growth in
client countries and enhance IFC’s developmental impact. MAS is recruiting an
Associate/Investment Officer (“IO”) to join the Portfolio Team which manages
and monitors IFC’s investments in Sub-Saharan Africa (“CAF”). IFC Investment
Officers are an integral part of multidisciplinary teams of highly qualified
professionals who have expertise in the regions and/or sectors in which we do
business. Investment teams consist of lawyers, environmental and social
specialists, and economists, as well as technical specialists. The selected
candidate will be based in Lagos, Nigeria and will work under the oversight of
the Portfolio Manager for MAS CAF based in Johannesburg, South Africa.
Agribusiness and Services Department (“MAS”), one of IFC’s industry
departments, supports investments in the real sector to fuel economic growth in
client countries and enhance IFC’s developmental impact. MAS is recruiting an
Associate/Investment Officer (“IO”) to join the Portfolio Team which manages
and monitors IFC’s investments in Sub-Saharan Africa (“CAF”). IFC Investment
Officers are an integral part of multidisciplinary teams of highly qualified
professionals who have expertise in the regions and/or sectors in which we do
business. Investment teams consist of lawyers, environmental and social
specialists, and economists, as well as technical specialists. The selected
candidate will be based in Lagos, Nigeria and will work under the oversight of
the Portfolio Manager for MAS CAF based in Johannesburg, South Africa.
Duties and Accountabilities
The Investment Officer’s primary responsibility
will be to actively manage an assigned portfolio of projects in the CAF region.
He/she will also engage in repeat business development and processing of new
transactions which maximize development impact as well as investment
sustainability and profitability across the region.
will be to actively manage an assigned portfolio of projects in the CAF region.
He/she will also engage in repeat business development and processing of new
transactions which maximize development impact as well as investment
sustainability and profitability across the region.
Specific responsibilities include, but are not
limited to:
limited to:
Actively
manage an assigned portfolio of IFC companies, including monitoring and
ensuring compliance with the terms of the investment agreements, preparing
timely credit risk assessment reports and equity valuations, tracking and
recording the development impacts of projects, and developing and implementing
equity sales strategies.
manage an assigned portfolio of IFC companies, including monitoring and
ensuring compliance with the terms of the investment agreements, preparing
timely credit risk assessment reports and equity valuations, tracking and
recording the development impacts of projects, and developing and implementing
equity sales strategies.
Identify
early warning signals for assigned projects, and where necessary, evaluate
structure, negotiate, and close portfolio restructurings, rescheduling, capital
increases, equity sales, etc.
early warning signals for assigned projects, and where necessary, evaluate
structure, negotiate, and close portfolio restructurings, rescheduling, capital
increases, equity sales, etc.
Identify
opportunities for repeat investments and/or advisory services, and prepare the
preliminary review of overall credit/business assessment and deal structuring
for straight forward transactions.
opportunities for repeat investments and/or advisory services, and prepare the
preliminary review of overall credit/business assessment and deal structuring
for straight forward transactions.
Participate in negotiations; use negotiation skills to overcome impasses
and finalize negotiations in straightforward transactions.
Participate in negotiations; use negotiation skills to overcome impasses
and finalize negotiations in straightforward transactions.
Build and
maintain strong relationships with clients, global and regional private
businesses, banking and multilateral partners and government officials to
further develop the sector and to develop specific investment opportunities.
maintain strong relationships with clients, global and regional private
businesses, banking and multilateral partners and government officials to
further develop the sector and to develop specific investment opportunities.
Coordinate
closely with social, environmental, and advisory services colleagues in order
to add value to our clients’ businesses, find pragmatic solutions to the specific
sector challenges, and achieve sustainable development impact.
closely with social, environmental, and advisory services colleagues in order
to add value to our clients’ businesses, find pragmatic solutions to the specific
sector challenges, and achieve sustainable development impact.
Identify
and evaluate opportunities to increase the social development impact of new or
portfolio projects.
and evaluate opportunities to increase the social development impact of new or
portfolio projects.
Selection Criteria
MBA,
Masters Degree in Finance or Equivalent.
Masters Degree in Finance or Equivalent.
5+ years
and proven track-record in project, structured, or corporate finance.
and proven track-record in project, structured, or corporate finance.
Experience
in portfolio supervision and/or investment transactions, with proven success in
developing client relationships as well as sourcing, structuring and closing
quality investments.
in portfolio supervision and/or investment transactions, with proven success in
developing client relationships as well as sourcing, structuring and closing
quality investments.
Knowledge
of and experience in emerging markets; knowledge of the manufacturing,
agribusiness or services sector(s) a plus.
of and experience in emerging markets; knowledge of the manufacturing,
agribusiness or services sector(s) a plus.
Strong
financial and credit skills; sound business judgment and demonstrated ability
to structure a variety of financial instruments (debt and equity).
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.
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.
interact directly and independently with the senior management of clients,
financial and technical partners as well as senior government officials.
Excellent
verbal and written communication skills in English; fluency in other languages
(French, Portuguese or Spanish) a plus.
verbal and written communication skills in English; fluency in other languages
(French, Portuguese or Spanish) a plus.
Strong
inter-personal skills, ability to interact effectively with clients and
colleagues from various cultural backgrounds.
inter-personal skills, ability to interact effectively with clients and
colleagues from various cultural backgrounds.
Highly
motivated, committed to highest ethical standards, and genuine commitment to
sustainable development.
motivated, committed to highest ethical standards, and genuine commitment to
sustainable development.
Willingness to travel extensively and geographic flexibility.
Willingness to travel extensively and geographic flexibility.
Excellent
organizational, administrative, and time management skills.
organizational, administrative, and time management skills.
Proven
ability to work independently and deliver promptly and efficiently under
pressure and meet tight deadlines.
ability to work independently and deliver promptly and efficiently under
pressure and meet tight deadlines.
How to Apply
Interested candidates are required to follow the
link below to apply
link below to apply
Closing Date: Friday, 14 June 2013
