Investment

 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 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.
The Manufacturing, Agribusiness & Services (MAS) Industry Group plays an important role in supporting IFC’s strategic priorities, covering investments in the manufacturing, agribusiness, and services sectors (‘services’ include health and education plus tourism, retail, and property). MAS’ sectors play a critical role in providing goods and services to consumers; their development helps address core needs and create jobs thereby contributing to government revenue and stimulating growth.  These sectors can account for as much as 80% of overall economic activity in a country.
The MAS team covering the countries of the Middle East, Central Asia, Turkey, Pakistan, and Afghanistan (MCT) seeks an Investment Officer to work in IFC’s Aman or Istanbul office. The position will call for supervising existing portfolio accounts and sourcing and executing new investment transactions.Specific responsibilities will include overseeing select portfolio accounts, including portfolio restructurings, rescheduling, capital increases, equity sales, etc. The successful candidate will also assist in evaluation, structuring, negotiating, and closing new transactions.
Roles and Responsibilities
Among other responsibilities, the chosen candidate will:
•  Identify and evaluate opportunities that are not only financially sustainable but will also help increase the social development impact of new or portfolio IFC projects•  Work with senior staff to develop a strong pipeline of good-quality investment opportunities•  Oversee mapping exercises with the assistance of investment analysts•  Assist in evaluating, structuring, negotiating, and closing new transactions, and in portfolio restructurings, rescheduling, capital increases, equity sales, etc•  Develop innovative and appropriate financial structures for straightforward transactions•  Prepare investment process documentation for internal review and decision•  Participate in (or lead as appropriate) negotiations•  Prepare- with the help of analysts- presentations and other documentation as contributions to IFC’s internal reporting and external communication, marketing and outreach•  Build and maintain strong relationships with clients (new and existing), global and regional private businesses, banking and multilateral partners and government officials to further develop the sector and to develop specific investment opportunities•  Ensure the timeliness and quality of portfolio actions (such as restructuring, equity sale, and loan conversion) as well as regular waivers and amendments•  Ensure timely, accurate, and “value-added” regular monitoring and reporting on the portfolio; provide early warning for assets at risk•  Guide financial analysts in financial modeling•  Coordinate closely with social, environmental, and technical assistance colleagues to add value to our clients' businesses, find pragmatic solutions to specific sector challenges, and achieve sustainable development impact•  Mentor analysts and other junior staff

Selection Criteria

•  MBA or equivalent qualification. •  5+ years of experience in finance with a proven track record in areas of sourcing, structuring, and closing investments and/or supervising loan and equity exposures including working on restructurings, modifications, and negotiated exits•  Proven financial modeling ability•  Strong financial and credit skills; demonstrated ability to structure a variety of financial instruments (including debt and equity)•  Demonstrated knowledge of industries, industry trends, and opportunities in the sub-region countries, and understanding of local issues•  Proven business development and client relationship skills, track record, and ability to focus on client’s needs effectively•  Ability to interact directly and independently with the management of potential clients, financial and technical partners as well as government officials•  Excellent written, and verbal communication, presentation abilities, and interpersonal skills plus fluency in English is required, fluency in Arabic is preferred, and fluency in another MCT language would be an added advantage•  Strong interpersonal skills, and ability to interact effectively with clients and colleagues from various cultural backgrounds•  Ability to mentor •  Genuine commitment to sustainable development and highest ethical standards•  Willingness to travel extensively

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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