IFC, working with the World Bank, has developed a “Health in India” initiative with the aim of reducing constraints to the development of accessible and affordable health care facilities, especially in underserved areas of India. The initiative includes:
(i) policy work, primarily to create a business environment conducive to the development of the private sector,
(ii) transaction advisory to governments for structuring and implementing PPPs;
(iii) technical assistance to address clinical and managerial quality issues in SME health care companies;
(iv) a health care fund targeting investments in second and third tier healthcare companies; and
(v) direct investments targeting health care providers in underserved markets. The Consumer and Social Services Division of the Asia Manufacturing, Agribusiness and Services (MAS) Department and the South Asia Department is seeking a Principal Investment Officer to join the Health and Education team. The position will primarily focus on leading the coordination of the “Health in India” program, as well as developing client relationships, processing, and supervising transactions in the Indian health care sector.
Duties and Accountabilities
The responsibilities of the Principal Investment Officer will include, but are not limited to: – Leading the implementation of IFC’s “Health in India” program by:
(i) coordinating the various Investment and Advisory parts of the initiative,
(ii) communicating across teams and functions to ensure a synchronized implementation of the program, and
(iii) regularly reporting the progress of the program to Management;
– Develop an overarching 2-3 year strategy for IFC’s health care work in India, including integration of Investment and Advisory strategies;
– Business development with clients in the health and education sectors, particularly in second and third tier Indian cities, and with a focus on healthcare services and healthcare PPPs;
– Participating, as a Team Leader or Transaction Leader, in processing investments;
– Contributing to the knowledge management activities as required;
– Acting as the Client Relationship Manager for key Consumer and Social Services clients.
Selection Criteria
A Master’s Degree in finance or business or equivalent, professional qualification and a minimum of 12 years professional, relevant experience with a preference given to IFC experience;
– Significant investment transaction experience, with proven success in business development, including developing client relationships and processing quality investments. Good “deal sense” based on demonstrated strong analytical skills and sound business judgment;
– Significant sector experience and expertise in the health and education sectors, including a comprehensive understanding of how increase access to affordable healthcare. Experience in other Services industries would be a plus;
– Experience advising or consulting with government and other key stakeholders in the healthcare sector;
– Openness to new ideas and structures; proactive generation of attractive investment ideas, and execution of new investment strategies;
– Strong written and verbal communications skills;
– Ability to work through teams, often in remote locations, and deliver high quality work within deadlines;
– Excellent people skills.
Only online applications are accepted: applications by email will be neither be accepted nor acknowledged. Only short-listed candidates will be contacted for interviews.
Closing Date: Tuesday, 24 January 2012
