Associate Investment Officer - DARP Job #: req34577 Organization: IFC Sector: Investment Grade: GF Term Duration:ย 3 years 0 months Recruitment Type: International Recruitment Location: Washington, DC,United States Required Language(s): English Preferred Language(s): Closing Date: 10/23/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.
The International Finance Corporation (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 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
The Financial Institution Group (FIG) is one of IFCโs key Departments responsible for a significant portion of IFCโs business volume, profitability, and development reach, approximately 40%. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas.ย
IFCโs Distressed Assets Recovery Program (DARP) focuses on making investments in the distressed assets space, establishing investment facilitates and building servicing capacity in emerging markets globally. DARP has a successful track record of transactions and IFC is looking to expand its investment activities in this line of business. As a result, IFC is looking to recruit an Associate Investment Officer to join the DARP team, with the aim to continue to scale up DARPโs business, as well as strengthen the management of the existing portfolio.ย
The Associate Investment Officer will be based in Washington, DC, and will report to the Global Head of DARP.ย
Duties & Accountabilities:
Specific responsibilities include, but are not limited to:
โข ย Provide support to teams responsible for investments in distressed assets during the entire project cycle โ origination, execution, supervision and exit of investments.ย
โข ย When working on more straightforward transactions, lead teams to successfully execute transactions, using strong negotiation skills to develop solutions and overcome impasses. After completion, monitor these investments
โข ย Create, analyze and assess complex financial analysis and pricing/valuation models on distressed assets deals.
โข ย Work on distressed assets investments through special purpose vehicles or funds, including equity, mezzanine and debt instruments.ย
โข ย Work closely with portfolio staff in IFC regional offices and other DARP team members to monitor the performance of the underlying assets acquired by DARP facilities to evaluate risk and recommend active portfolio management actions.
โข ย Provide support to define DARPโs global and regional strategies and to prioritize areas of focus, including upstream work in agreed priority areas, collaborating with the World Bankโs Finance, Competitiveness and Innovationโs insolvency team and IFCโs Special Operations team
โข ย Be actively involved in IFC internal processes related to DARP investments, including but not limited to credit ratings, investment valuations and compliance reports on IFC financial, environmental and social, impact indicators, insurance and legal requirements.
โข ย Share knowledge of distressed assets markets with the FIG regional teams.
โข ย Mentor and supervise the work of teamโs analysts.
โข ย Assist in other projects or strategy related activities, as the need may arise.
Selection Criteria
โข ย Master's degree in finance, economics or other related areas, or MBA.
โข ย Minimum of 5 years of banking and financial markets experience, with exposure to emerging markets.
โข ย Exposure to and understanding of distressed investing with demonstrated experience in underwriting, acquisition, management, and resolution.
โข ย Understanding of sector drivers, business and market development cycles, and how business performance and long-term competitiveness and viability are measured within the sector and how sector dynamics may evolve within a country or region.
โข ย Proven analytical, financial analysis, equity valuation, and financial modeling skills. Strong credit skills and excellent business judgment.
โข ย Ability to oversee and provide quality control feedback on financial models prepared by analysts.
โข ย Capacity to build productive and mutually beneficial relationships and networks internally and externally to identify business opportunities, discuss structuring alternatives, and resolve issues.
โข ย Original thinking and quick learning abilities with strong initiative and drive, as well as attention to details.
โข ย Good team player with strong interpersonal skills, and commitment to work in a respectful, team oriented and multi-cultural environment.
โข ย Willingness to travel.
IFC offers a highly challenging and rewarding working environment with outstanding opportunities for professional growth, as well as attractive conditions.ย
All applications will be treated in strictest confidence. Only applicants selected for interviews will be contacted.
WBG Culture Attributes:
1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.
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.