ย
ย Description
IFCโa member of the World Bank Groupโis 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 2023, IFC committed a record $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.
IFC is recruiting a Portfolio Analyst for its Africa Infrastructure department. The hiring group is responsible for sourcing and executing investment transactions in the power, utilities, logistics, telecoms, municipal finance, and transportation sectors in Johannesburg, South Africa or Cairo, Egypt. The Portfolio Analyst works closely with IFCโs Investment Officers (IOs), who are responsible for the origination, negotiation, structuring, and subsequent supervision of the IFCโs investment projects. This position is expected to cover all infrastructure sectors with a focus on investment portfolio supervision and portfolio administration, and is based in Cairo, Egypt.ย
Duties and Accountabilities:ย
โขย Provide analytical support to the Portfolio Leads to monitor portfolio compliance, operational risk and overall performance of client portfolio companies as well as client interaction on a day-to-day basis;โขย Preparation of the Quarterly Portfolio Review presentation for Portfolio Review Meetings and relevant material for other Compliance Meetings which includes but not limited to: extract data from different sources, constant communication with other supporting units to obtain relevant information, preparation of data analysis, tables, graphs, and circulation of the presentation for review and final management approval;ย ย โขย Support the completion of IRP and quarterly valuation exercises;โขย Assist in the preparation of quarterly dividend reports, annual dividend projections, equity sales plan, and update the system as needed;โขย Provide support to the unit on the quarterly loan loss reserve meetings;โขย Conduct financial analysis and research of portfolio issues;ย โขย Monitor portfolio projects in terms of internal risk assessment and compliance as well as client interaction on a day-to-day basisย โขย Support ad-hoc requests such as gathering information and data analysis on the industry/sector companies and regional/country exposures including comparative analysis per the request of portfolio IOs and management;ย โขย Assist in the preparation of project supervision related documents under close guidance from the relevant portfolio IOs; act as the โgo-toโ person for data/research and all relevant IT systems;โขย Support the preparation of amendments/waivers / consents and/or circulation of workflows;โขย Oversee the project closure monthly exercise;โขย Track compliance of the insurance and environmental requirement for all portfolio clients in coordination with the Investment Support Unit. Set up quarterly review meetings to address deficiencies;โขย Monitor the Project Handover process and maintain our internal records up to date;โขย Provide oversight to clientsโ compliance with reporting requirements, ensure proper filing, and submit monthly reminders on upcoming due reports to the portfolio IOs;โขย Prepare monthly statistics on reporting compliance tracking, insurance and handover status for the managementโs review;โขย Review, analyze and provide feedback on the Departmental Scorecard results;โขย Track and record the development impact of portfolio projects. Preparation and quality control of AIMM scores and Additionality on a yearly basis, preparation of reports as needed, constant communication with the AIMM team, Measurement Specialists and portfolio IOs;โขย Knowledge management and retention, application of best practices and IFC standards across teams in the regional and local environment. Act as the primary point of contact for key matters related to policies, procedures and systems;ย โขย Provide analytical support to process improvements and related IT initiatives;ย โขย Assist Portfolio Leads in oversight and guidance to the Portfolio Assistants, with a view to foster solid teamwork;โขย Act as Information Quality Steward for the Department.
Selection Criteria
โขย A bachelorโs or equivalent degree with a specialization in Finance, Business, or Economics - enrollment in the CFA program is a plus;โขย At least 2 years of experience with a development finance institution, a commercial bank, a financial institution or a private equity firm, with a proven track record, including experience creating financial models (experience in portfolio supervision and demonstrated knowledge of IFCโs portfolio procedures, processes and portfolio databases will be a plus);โขย Proficiency in the use of Excel and PowerPoint;โขย Superior administration, organizational and time management skills;โขย High level of accuracy and attention to detail with sound analytical skills;โขย Ability gather and organize information and present findings in a concise format;โขย Ability to think independently, proactively address clientsโ needs, analyze problems, identify and take lead on defining appropriate solutions;โขย Good interpersonal communication, strong written and oral communications skills;โขย Genuine commitment to development and to the World Bank Group and IFC's mission, strategy and values;โขย Demonstrated teamwork skills with ability to work successfully in multicultural teams and across boundaries;โขย High level of discretion and confidentiality;โขย Excellent verbal and written communication skills in English; fluency in other languages (French) is a plus
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at theย World Bankย andย IFC, including our values and inspiring stories.