Investment
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Location:
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Salary:negotiable
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Job type:Full-time
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Posted:3 weeks ago
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Category:Budget and Accounting, Finance, Treasury and Investment
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Deadline:21/03/2023
JOB DESCRIPTION
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 2022, IFC committed a record $32.8 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 Infrastructure and Natural Resources Department is recruiting an Investment Officer to expand IFC’s infrastructure investments in Indonesia and Vietnam. The position will be based in Jakarta or Hanoi.
Infrastructure is one of IFC’s strategic priorities. IFC’s focus in the sector is on: (i) increasing access to basic infrastructure services; (ii) supporting local companies, while improving transparency and corporate governance; (iii) exploring new equity investment opportunities and catalyzing foreign direct investments, including co-investments and mobilizing syndicated and parallel loans; (iv) introducing and developing new financial products including through Public Private Partnerships; and (v) building long-term partnerships with strong regional players.
The selected candidate will be expected to play multiple roles including: supporting and working closely with the Team Lead to develop IFC’s infrastructure business in Indonesia or Vietnam and to manage relationships with private sector clients, public sector and development partner counterparts; structuring, negotiating, and executing debt and equity investments for infrastructure projects in Indonesia or Vietnam and other countries in Asia; and supervising portfolio investments.
Roles and Responsibilities
The selected candidate will be a key member of the Asia infrastructure team and will work closely with colleagues in the region and in Washington, DC, on business development, transaction execution, portfolio supervision, and client relationship management.
The responsibilities of the Investment Officer include but are not limited to:
• Develop a thorough understanding of the infrastructure sector in Indonesia or Vietnam and together with senior members of the team, develop strong relationships with key local counterparts in the private and public sector as well as development partners.
• Proactively identify potential investment partners and opportunities based on industry experience, reputation, market potential, financial capability, and strategic fit.
• Assess the attractiveness of specific investment opportunities with a strong focus on credit quality and development impact and make recommendations to IFC’s management.
• Execute loan, equity, and mezzanine financings including processing mandates, conducting due diligence, structuring deals, negotiating terms and documentation, arranging syndications, and processing internal approvals.
• Work closely with IFC’s specialists to manage environmental, social, technical, legal, insurance, corporate governance, and other risks in projects and champion IFC’s sustainability offerings to clients.
• Monitor clients’ compliance with the terms of investment agreements, prepare timely supervision reports, identify early warning signs, and, when necessary, formulate/implement strategies for work-outs, restructurings or re scheduling.
• Provide high quality client service throughout the project cycle from transaction sourcing and processing to supervision.
• Contribute to drafting strategies for sectors, countries, or regions for business development; Participate as part of teams led by senior (GG2/GH) investment officers in putting together sector interventions and client engagement plans for IFC’s strategic and top tier clients.
• Gather market intelligence to stay informed of emerging trends in sectors and the country that could have broad impact on a country or subsector portfolio.
Selection Criteria
• Master’s degree in a related field and at least 8–12 years of relevant professional experience in investment/corporate banking, project finance, infrastructure project development, and/or equity investing.
• Thorough understanding of economic and commercial trends, investment environment, and key private and public sector players in Indonesia or Vietnam.
• Strong analytical and financial structuring skills (including financial modeling experience) and sound business judgment.
• Demonstrated client relationship skills including the ability to assist clients with project development and interact effectively with counterparts at all levels.
• Appreciation of legal, technical, environmental, social, and other considerations in project and corporate finance.
• Fluent in English. Knowledge of other languages spoken in Asia (including Bahasa Indonesia or Vietnamese) will be an asset.
• Excellent written and verbal communication skills. Ability to describe complex issues, approaches, and lessons in a manner that is relevant and understandable to clients/stakeholders.
• Able to clearly articulate IFC’s requirements, value-add, financial and nonfinancial risks, development impact, and sustainability measurement in a way that is relevant to and understandable by clients and stakeholders.
• Strong interpersonal and negotiation skills.
• Skilled at project planning, analysis, and execution.
• Ability to work in culturally diverse and geographically dispersed teams.
• Ability to guide, advise, mentor, and coach junior staff and peers to develop and broaden their scope of skills, including providing on-the-job learning opportunities.
• Proactive, self-motivated, and well-organized.
• Ability to work well under time pressures with minimal instruction or supervision.
• Understanding of relevant country strategies and obstacles to achieving them.
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.
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