World Bank Group
Job Description
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Description
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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.
The IFC 3.0 strategy aims to stimulate more investment activity across emerging markets, especially in Low Income Countries (LICs) and Fragile and Conflict affected States (FCS). This strategy aims to create new opportunities for private investments in riskier markets and sectors by proactively working “upstream” to create, deepen, and expand markets and design and develop potential investment projects. Achieving these growth and impact ambitions at scale requires a different approach to business development, deal sourcing, and client support that relies on 1) a broader product offering to engage earlier in the project cycle and secure opportunities; 2) a greater focus on preparing clients in nascent markets and sectors for investment; 3) a greater focus on value addition and risk management of portfolio investment clients to enhance their performance; and 4) a longer time horizon and a more patient, longer-term perspective.
IFC is seeking Senior Investment Officers to identify new investment opportunities, execute transactions and actively manage portfolio projects in Manufacturing, Agribusiness and Services (MAS) in the Middle East, Central Asia, Turkey, Afghanistan, and Region. The position is based in Amman, Jordan; Riyadh, the Kingdom of Saudi Arabia, Istanbul, Türkiye or Karachi, Pakistan.
The Senior Investment Officer will be responsible for overseeing business development and execution of MAS transactions in the region. She/he will work closely with the global sector leads. She/he will also coordinate on a continuous basis with the Country Managers and other Regional Industry units in the Middle East, Central Asia, Turkey, Afghanistan, and Pakistan, as well as other relevant Departments/Divisions within IFC, (such as Risk, Special Operations, Environmental and Social, Treasury and Legal, etc.).
Duties and Accountabilities:
- Business Development: Source and assess opportunities, identify bankable projects in target regions, and grow and develop new business transactions. Develop and guide teams in the preparation of pitchbooks and client proposals in support of new business.
- Structuring and Negotiation: Structure complex investments (comprising both debt and equity). Negotiate terms with clients, internal and external stakeholders, and partners, including senior management of IFC and clients. Prepare client/partner presentations and support their decision making at key transaction stages.
- Deal Execution: Lead transaction team from initiation, due diligence, internal approvals, and processing of debt and equity investment, actively handling key work and directing and coordinating work of other team members from across multiple departments. Take full responsibility and accountability for transaction related decisions and relationships.
- Transaction Management: Deliver all transactions and accountabilities of the role efficiently, on a timely and expeditious basis and using best practice standards. Ensure that defined transactional requirements recorded in documentation are executed accordingly. Monitor the portfolio and report development results internally and externally.
- Knowledge Sharing: Take the lead in knowledge sharing within the Manufacturing network. Initiate collaboration and share expertise as a subject matter expert, providing advice, peer review and contribution to knowledge products across WBG to strengthen internal and/or external client solutions.
- Engage in mentoring and coaching of junior staff, provide on-the-job learning opportunities, and ensure efficient and effective use of resources.
Selection Criteria
- MBA or equivalent professional qualification.
- A minimum of 10 years of substantial professional experience in positions of increasing complexity and responsibility that includes significant experience in finance, investment banking, mergers and acquisitions, structured finance, corporate finance, or private equity, with a proven track record of sourcing, structuring and closing investments.
- Familiarity with Manufacturing sub-sectors.
- Strong analytical skills to review and analyze complex financial information. Knowledge and experience in global financial markets including expertise in emerging markets.
- Advanced financial, credit and risk evaluation skills, with demonstrated ability to structure and negotiate a variety of complex financial instruments (debt and equity).
- Experience in identifying, originating and qualifying new business opportunities developing and executing results-driven client engagements.
- Demonstrated strong written, presentation, and communications skills in English and ability to synthesize and present information effectively and tailored to different audiences.
- Excellent business judgment and problem solving skills to identify issues, present creative, practical solutions, and make and commit to sound decisions, anticipating short and long term implications.
- High degree of diplomacy and sensitivity in dealing with internal and external clients, staff and managers at all levels. Discretion in handling confidential and sensitive information
- Genuine commitment to sustainable development
- Willingness to travel extensively and geographic flexibility.
Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=28603&site=1
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