Principal Syndications Officer - Treasury

 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 Syndicated Loans and Mobilization Department (“CSL”) is responsible for raising external funds for IFC clients through the B Loan program, Parallel Loans, Credit Insurance Policies (“CIP”), the Managed Co-Lending Portfolio Program (“MCPP”), and Debt Securities Syndications (“DSS”).  Our syndications partners are international and local commercial banks, Development Finance Institutions (“DFI”), funds and institutional investors.  The Department is also responsible for the ongoing syndicated loan portfolio management engagements with third-party investors.  

We are currently seeking a Principal Syndications Officer and Head, EAP and South Asia Region, to be based in Singapore. S/he will report to the Global Head Syndications.

The Principal Syndications Officer will take primary responsibility for direct supervision of the approximately 7 person Asia team, located in Singapore.  S/he will directly work on syndications of numerous projects including the more challenging projects in the region and will lead the syndication portfolio work on projects including complex restructurings.

Roles and Responsibilities:
•  Follow international lending markets and banking activities to understand and anticipate trends.  Regularly and proactively share market information with IFC colleagues.
•  Work with senior investment staff and management to identify syndication opportunities.
•  Represent the unit internally and externally. Lead strategic regional discussions to set regional mobilization targets and regional portfolio reviews. Promote IFC and its debt mobilization and management expertise externally in various conferences.
•  Participate in and contribute to corporate initiatives.
•  Syndicate IFC B Loans, Parallel Loans and MCPP facilities, and sell IFC A Loan participations in the secondary market, including coordination of and participation in roadshows as necessary.  This includes both corporate financings and project financings including complex projects.
•  Liaise with industry and bank market, including secondary market pricing; lead the preparation of regular pricing reports for syndicated loans.
•  Conduct deal-specific market soundings to advise IFC project team on deal structure and pricing; develop syndication strategy for individual transactions including the list of prospective partners.
•  Review company, economic and financial information and legal documentation for new transactions.
•  Review the preparation of information memoranda, executive summaries and other reports for the bank market in collaboration with relevant Investment Department.
•  Manage team with assigned syndicated loan portfolio by providing high-quality service to B Loan participants/parallel lenders/MCPP investors on ongoing project work (amendments, waivers, restructurings, information transmission on key developments, responding to inquiries).  This includes complex portfolio projects.
•  Ensure contractual responsibilities with B Loan participants/parallel lenders/MCPP investors are being met while at the same time manage these syndicated loan portfolio relationships.
•  Develop and maintain relationships with international, regional and local commercial banks, IFIs and other existing/potential B Loan Participants and parallel lenders, and increasingly institutional investors.

Selection Criteria

•  M.B.A. or equivalent master’s level degree in finance 
•  At least 12+ years of relevant work experience including broad exposure to corporate and project finance, capital markets and the syndicated loan market.
•  Understanding of international commercial bank market and main financial products, including loans, swaps and CDS.
•  Experience with loan documentation and credit issues.
•  Experience market intelligence research tools including Dealogic – Loan Analytics, Bloomberg and market publications and bookrunning platforms such as Debt Domain, Intralinks and Syndtrak.
•  Proactive, resourceful and self-motivated.
•  Strong team player, with demonstrated capacity for hard work.
•  Able to manage multiple tasks concurrently, prioritize effectively and adhere to deadlines while always paying attention to details.
•  Clear, accurate articulation of issues, problems and solutions.
•  Use of tact, diplomacy and good interpersonal skills in internal and external communications.
•  Excellent written and verbal communication skills in English and strong editing skills. 

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 the World Bank and IFC, including our values and inspiring stories.