Description
IFC – a member of the World Financial institution Group – is the most important world growth establishment targeted on the personal sector in rising markets. We work with greater than 100 international locations, utilizing our capital, experience, and affect to create markets and alternatives in growing international locations In fiscal yr 2023, IFC dedicated a document $43.7 billion to non-public corporations and monetary establishments in growing international locations, leveraging the facility of the personal sector to enhance folks’s lives as economies grapple with the impacts of world compounding crises. For extra data, go to www.ifc.org.
Personal sector monetary growth is important to the promotion of profitable and sustainable economies in low and middle-income international locations world wide. Sound and environment friendly monetary markets can be certain that assets are allotted the place they’re best, helping job creation and spurring financial progress. IFC’s objective is to prioritize funding within the monetary sector as a result of it promotes growth in all different sectors.
The Monetary Establishment Group (FIG) is one among IFC’s key Departments answerable for a good portion of IFC’s enterprise quantity, profitability, and growth attain, roughly 40%. FIG engages in a variety of sub-sectors together with Microfinance, SME, Gender, Local weather, Insurance coverage, Capital Markets, Housing, Distressed Belongings, and different areas, with each.
The FIG’s Center East, Central Asia, Türkiye, Afghanistan and Pakistan (MCT) staff is predicated throughout the MCT area with fundamental hubs and places in Istanbul, Amman, Almaty, Tashkent and Dubai. The staff members work on each new enterprise growth and processing, and portfolio administration throughout the area.
The FIG CAT staff is looking for to rent an Funding Officer primarily based in Istanbul, Turkiye to assist develop and develop enterprise and to assist portfolio administration in CAT.
Roles and Duties
Particular duties embrace, however are usually not restricted to:
• Proactively handle assigned portfolio investments, monitor monetary standing of shoppers and their compliance with all of the features of authorized agreements.
• Help structuring, negotiations and processing of debt and fairness investments, as could also be obligatory, with a powerful deal with shopper and asset high quality (consists of evaluating new alternatives, due diligence, negotiating mandate letters, time period sheets and different transaction paperwork).
• Establish and consider alternatives to extend the social growth impression of latest or portfolio initiatives.
• Lead new transactions (as could also be assigned) and negotiate acceptable monetary constructions, phrases and situations of investments.
• Assist in growth of a pipeline of fine high quality funding alternatives.
Choice Standards
• MBA or equal qualification with specialization in finance.
• No less than 6+ years working expertise in finance with a confirmed track-record of supporting the origination course of, structuring and shutting investments. Sturdy desire for somebody with funding expertise within the monetary sector.
• Stable understanding of banking, non-bank monetary establishments and associated business information.
• Sturdy monetary and credit score expertise; modeling expertise; demonstrated capacity to construction quite a lot of monetary devices (debt and fairness).
• Consumer relationship expertise, monitor document and skill to establish shoppers’ wants.
• Sturdy inter-personal expertise to work efficiently in multicultural groups and throughout boundaries.
• Dedication to highest moral requirements.
• Real ardour for sustainable growth.
• Glorious verbal and written communication expertise in English and Russian.
World Bank Group Core Competencies
The World Financial institution Group affords complete advantages, together with a retirement plan; medical, life and incapacity insurance coverage; and paid go away, together with parental go away, in addition to cheap lodging for people with disabilities.
We’re proud to be an equal alternative and inclusive employer with a devoted and dedicated workforce, and don’t discriminate primarily based on gender, gender identification, faith, race, ethnicity, sexual orientation, or incapacity.
Be taught extra about working on the World Bank and IFC, together with our values and galvanizing tales.