Investment Officer

Job #:	req7963
Organization:	IFC
Sector:	Infrastructure
Grade:	GG
Term Duration:	3 years 0 months
Recruitment Type:	Local Recruitment
Location:	Abidjan, Cote d'Ivoire; Dakar, Senegal; Washington, DC
Required Language(s):	English
Preferred Language(s):	French
Closing Date:	7/15/2020 (MM/DD/YYYY) at 11:59pm UTC

Description IFC—a sister organization of the World Bank and 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 2019, we invested more than $19 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org The Middle East and Africa Infrastructure Unit (‘MEA INR’), is an open and dynamic team which annually originates and processes a number of large-scale infrastructure transactions, ranging from power and telecoms to natural resources, municipal finance and logistics. The team works with a wide range of investment products, including project finance and corporate loans, equity and quasi-equity and guarantees. To support the growth of this business, IFC is seeking an Investment Officer ('IO') to join our team in Abidjan, Cote d'Ivoire; Dakar, Senegal; or Washington, DC. Some travel will be required. Roles & Responsibilities The candidate is expected to perform the functions of a new business IO at all material stages of the IFC deal cycle, from deal origination to portfolio management:

Develop a strong pipeline of good quality investment opportunities in the region by anticipating market trends and employing sector/country knowledge;
Work closely with the country managers and officers – joint work to include developing client, country and sector strategies;
Evaluate, structure, negotiate, and close new transactions, portfolio restructurings, capital increases, equity sales, etc.;
Review and analyze business opportunities, synthesize information into internal reports for decision making purposes;
Develop innovative and appropriate financial structures for complex transactions;
Execute IFC’s project development investments with a strong focus on achieving bankable projects;
Lead upstream initiatives aimed at creating markets, creating opportunities for MEA region countries, including work on key project agreements and project structures;
Lead negotiation/documentation teams; use strong negotiation skills to develop solutions and overcome impasses in straightforward and complex transactions;
Build and maintain strong relationships with clients, global and regional private businesses, banking and multilateral partners and government officials to further develop the sector and to develop specific investment opportunities;
Lead debt and equity transactions, mentor and develop junior staff in the team;
Coordinate closely with social, environmental, and technical assistance colleagues to add value to our clients' businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact;
Supervise a commensurate number of INR portfolio projects in the region.

Selection Criteria

MBA or equivalent qualification;
At least 8 years of experience with a development finance institution (DFI), an international financial institution, a private equity firm or a development organization with tasks related to private sector financing and development;
Proven track-record of sourcing, structuring and closing investments in infrastructure sectors, ideally including investments in the MEA region;
Knowledge of countries in Africa and understanding of infrastructure challenges faced by countries within the region will be a plus;
Knowledge of the various infra core sectors (power, transportation, utilities, telecoms, natural resources), equity investment, project finance and renewable energy finance experience is essential;
Excellent verbal and written communication skills in English backed by examples and references (additional fluency in French language will be given special consideration);
Strong credit skills backed by references;
Strong business development and client relationship skills, demonstrated by track record and ability to focus on clients’ needs effectively;
Willingness to travel extensively;
Financial skills: demonstrated ability to structure a variety of complex financial instruments (debt and equity);
Strong record of portfolio management of complex projects;
Sound business judgment in identifying potential business partners;
Ability to interact directly and independently with the senior management of potential clients, financial and technical partners as well as senior government officials. Prior experience of working with IBRD and MIGA will be a plus;
Strong inter-personal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds;
Proven ability to mentor junior investment staff;
Highly motivated, team player, committed to highest ethical standards;
Genuine commitment to sustainable development.
The World Bank Group values diversity and encourages all qualified candidates who are nationals of World Bank Group member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe. APPLY HERE

Tags: IFC