Associate Investment Officer/Investment Officer

Associate Investment Officer/Investment Officer Job #: req32831 Organization: IFC Sector: Investment Grade: GF Term Duration: 3 years 0 months Recruitment Type: Local Recruitment Location: Cairo,Egypt Required Language(s): English Preferred Language(s): Arabic and/or French Closing Date: 5/6/2025 (MM/DD/YYYY) at 11:59pm UTC

 Description

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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, visit www.ifc.org. 

IFC’s Transaction Advisory Services Department (CTA) is housed in the IFC Cross-Cutting Solutions Vice Presidency (CCSVPU) and consists of two business lines: • PPP Transaction Advisory (C3P) offers transaction advisory services to governments to assist them in partnering with the private sector in sustainable long-term infrastructure projects through designing and structuring PPP transactions able to provide high-quality, affordable, and efficient public and social services. The main sectors are typically electricity, water, transportation, telecommunications, and social services, such as health and education. C3P focuses on advising on the following types of transactions across all infrastructure sectors: Public-Private Partnerships e.g. BOT type concessions., Restructuring and privatization of state-owned enterprises.• Corporate Finance Services (CFS) has three key product offerings: (1) M&A Advisory: advising on buy-side / sell-side transactions; (2) Equity Mobilization Program (EMP): supporting third-party equity mobilization alongside IFC investment; (3) Asset monetization involving listed or listing public entities.

CTA mobilized $4.7B of private investment in FY24 and has a target of $5.9B for FY25, translating into almost 25% of IFC’s total core mobilization.  Drawing on over 25 years of experience and over 120 staff across the globe, CTA currently manages over 100 active client engagements.  Africa has 25 to 30 staff distributed in five regional hubs in Cairo, Johannesburg, Nairobi, Dakar/Abidjan, and Abuja/Lagos. The CTA department is expected to continue playing a leading role in mobilizing private capital on behalf of the WBG. 

CTA is seeking an Associated Investment Officer or Investment Officer with significant experience to support the Northern Africa and Horn of Africa (NAHA) PPP hub in Cairo, which includes 10 countries: Egypt, Eritrea, Sudan, South Sudan, Somalia, Algeria, Djibouti, Libya, Morocco, and Tunisia.The Associated Investment Officer or Investment Officer will support the CTA team in business development and execution of mandates, primarily for C3P business line, but also for the CFS’s business line as and when required. The Associated Investment Officer or Investment Officer will report directly to the NAHA Hub leader and the Regional Manager for CTA in Africa. 

Note: Candidates can apply for Associated Investment Officer or Investment Officer (IO). The final determination of the appropriate level for the selected candidate will be based on the relevant experience he/she brings to the position, as defined in these TORs.

Role and Responsibilities 

In relation to C3P’s business line, the IO’s work will involve the implementation of advisory mandates of a variety of types, including business development, interactions with public sector clients, supervising consultant hiring, preparing and delivering presentations, elaboration of financial modeling and overseeing of due diligence, transaction structuring, drafting bidding documents and managing bidding processes, as well as interacting with investors. Duties will include, but will not be limited to: • Contribute to origination and marketing activities across Northern Africa and Horn of Africa (NAHA), managing marketing activity in assigned countries/strategic areas, including collaborating with other WBG teams to identify opportunities based on country strategies and market creation potential;• Develop new client relationships and project leads in NAHA;• Understand the legal and regulatory impediments for private sector participation in NAHA and, as appropriate, work closely with the other parts of the WBG to overcome these;• Undertake project scoping to assess the feasibility of potential projects, and lead the origination and marketing activities, e.g. proposal preparation, and as appropriate, mandate negotiation with clients, etc.;• Lead the day-to-day management of project teams working on sell-side PPP mandates, including review of legal and technical outputs, documentation, and financial models; • Prepare/review memos and documentation for internal approval and consultant procurement processes, as well as managing project budget;• Develop transaction structure options for PPP projects, provide innovative solutions, and present recommendations to management and clients;• Participate/Lead meetings with government clients and investors;• Organize and manage the tendering process of projects, including marketing of projects, prequalification, requests for qualification, project award, and the final negotiation of project agreements leading to commercial close;• Develop, coach, motivate, and manage junior members of the team;• Actively participate in the development and implementation of upstream activities in line with IFC 3.0 to create, deepen, and expand markets with the regional and global team from across IFC and the WBG;• As appropriate, work closely with NAHA Hub Lead and NAHA TL group on sub-regional strategy, origination activities, and HR/staffing-related matters;• Potential support/intervention on Corporate Finance related mandates, both in terms of origination as well as execution;• Assist in other project or strategy-related activities as the need may arise. In relation to CFS’s business line, the IO’s work will involve: • Origination and execution of sell-side and buy-side advisory; restructuring advisory; and equity syndication (Equity Mobilization Program) services mandates.• Origination and execution of strategic pre-IPO advisory mandates. Execution will include advising clients on listing process, appropriateness, timing, regulations, and relevant key issues; reviewing and advising on current corporate structure, balance sheet structure, valuation, and business planning; preparing detailed timetables for listing, broker selection, and prospectus review; preparing management and the board for listing; and corporate governance group advisory services.• Develop/maintain relationships with internal industry counterparts, with the objective of identifying collaboration opportunities that enhance business development and delivery that is aligned with IFC corporate objectives. • Support TL with dialogue with clients and with relevant internal resources to help clients to develop a transaction strategy, and to undertake bankability assessment, funding feasibility, financial modelling, business planning/restructuring.• Support TL to draft key transaction reports and project documentation (Marketing documents for each transaction, Information memoranda, due-diligence, and transaction structuring reports, and transaction contracts and agreements, etc.).• Make effective pitch presentations to companies. • Contribute to the development and execution of CFS’s strategy in partnership with regional teams, and where applicable, the World Bank, with a focus on CFS’s strategic priorities, FCS, and high impact projects.• Support IFC’s “brand” in the CFS space, and overall communications strategy. • Support knowledge management by helping to disseminate CFS’s knowledge and experience to the CFS team globally.

Selection Criteria

Requirements MBA or equivalent Post Graduate degree in business, finance or economics and solid 5+ years’ experience gained either in project finance, corporate finance, M&A and privatizations, or  private equity funds in infrastructure; Minimum 2-3 years of experience of sell-side PPP advisory is considered a plus;

Other experience will be assessed based on the level the candidate will apply to that will include: • Knowledge of overall industry sector trends and experience in infrastructure transactions/PPPs preferably in Africa, with a proven track record;• Business development and client relationship skills, track record and ability to focus on clients’ needs effectively;• Track record of contractual and/or financial closings of infrastructure transactions;• Existing relationships with government officials, project developers, investors, and technical and legal consultants in the infrastructure space in Africa are preferred;• Experience in dealing with government clients, investors and multiple stakeholders of infrastructure projects;• Ability to manage teams in multiple transactions, delivering high quality work within deadlines, and to meet team objectives;• Strong analytical and financial modeling/structuring skills and demonstrated ability to:- Lead a variety of transaction advisory, debt and equity transactions;- Independently develop financial models and sound financial analysis of the models to draw conclusions;- Structure or restructure transactions to ensure prudent and sustainable risk sharing among all parties.• Strong analytical and conceptual skills and ability to communicate ideas clearly and confidently (written and oral);• Ability to operate in large, culturally diverse and geographically dispersed teams;• Ability to work under pressure and deliver high quality work within deadlines to meet team objectives;• Ability to interact directly and independently with potential clients, financial and technical partners as well as with senior government officials;• Willingness and ability to travel on short notice and frequently, as required; and• Excellent oral and written communication skills in English, and French and/or Arabic are preferred.

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.

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