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 US$ 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.
IFCโs Treasury Client Solutions Department is a client-facing transaction-structuring and execution team that provides IFCโs clients with innovative fixed-income solutions. The group has global responsibility for derivative transactions, structured products, local currency solutions, and debt capital markets solutions.ย
The department is looking to appoint an skilledย finance professional to join the EMEA team, covering markets in Africa, Middle East, Europe and Central Asia. The individual would co-lead IFCโs fixed-income business delivery for complex projects and programs in the area of structured finance, debt capital markets, and local currency financing, and assume shared responsibility for building business growth. The position is currently based in Nairobi, Kenya.
Duties and Accountabilities:
โขย Develop, structure, price and execute fixed income transactions for IFCโs clients involving structured products, capital markets instruments, local currency financing, and fixed-income derivatives;โขย Co-lead complex client projects and programs for selected products and markets;โขย Help expand IFCโs range of suitable solutions, including innovative structured products and local currency financing, in frontier markets;โขย Identify business opportunities and contribute to business development and innovation together with relevant teams (including investment departments, credit, legal, blended finance, upstream, and other relevant functions);โขย Build and maintain relationships with key stakeholders including regulators, government entities, investors, global and regional bank counterparts, and capital market firms;โขย Provide product expertise, advice and training, and help others learn and deliver;โขย Co-lead relevant initiatives and contribute to the development of relevant policies, frameworks, processes and methodologies, and inform corporate decision-making within areas of responsibility;โขย Assume responsibility for business delivery, managing risks, and ensuring that outcomes are aligned with IFCโs strategy; andโขย Represent the department in relevant internal and external working groups and conferences.
Selection Criteria
โขย MBA or Masterโs degree in Finance, Financial Engineering, Economics, Financial Mathematics, Statistics or related area;โขย At least 7 yearsย of relevant work experience in fixed income with a focus on emerging markets;โขย Deep theoretical and practical understanding of fixed income derivatives including relevant regulations, and experience with structured products (e.g. securitizations, capital relief, portfolio guarantees etc.);โขย Well-rounded business judgment, strong negotiation, structuring, and problem-solving skills, and solid track record in closing structured finance and other fixed income transactions;โขย Proven ability to provide technical leadership to cross-functional teams;โขย Highly motivated, results-oriented team player with an enthusiasm to work on complex products, a โcan doโ attitude and ability to collaborate effectively across organizational boundaries;โขย Proven ability to foster open discussions across boundaries, encouraging a learning culture and provide a safe environment for the exchange of ideas;โขย Excellent written and verbal communication skills and strong ability to describe complex concepts, approaches, and lessons learned in a manner that is relevant and understandable for clients and stakeholders; andโขย Flexibility and willingness to work in different time zones as required in a global team.
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.