Investment Officer

  • Location:
  • Salary:
    negotiable
  • Job type:
    Full-Time
  • Posted:
    2 weeks ago
  • Category:
    Finance
  • Deadline:
    December 4, 2022

JOB DESCRIPTION

 

Job #: req20104
Organization: IFC
Sector: Infrastructure
Grade: GG
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment
Location: Abidjan,Cote d’Ivoire ;Dakar,Senegal
Required Language(s): English
Preferred Language(s): French
Closing Date: 12/4/2022 (MM/DD/YYYY) at 11:59pm UTC

 

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.
 
IFC’s Africa Infrastructure unit is an open and dynamic team which delivers financial and technical support to clients in the power, transport, telecoms, municipal & environmental infrastructure, and natural resources sectors, from IFC’s own Balance Sheet and through mobilization of other capital. The department also seeks to maintain IFC, as part of the World Bank Group, at the cutting-edge of helping member countries find solutions to new and emerging infrastructure and natural resources issues. 
 
The selected candidate will be based in one of the IFC offices in West Africa (Abidjan or Dakar) and will be an integral part of the investment team working across the business cycle (business development, “upstream”, new investments, and portfolio), but with a focus on business development, processing and managing IFC’s investments in infrastructure and the digital economy. 
 
Duties and Responsibilities:
 
The Investment Officer will identify new investment opportunities, execute transactions, and actively manage portfolio projects in infrastructure and the digital economy predominantly in West and North Africa. The successful candidate will focus on investment opportunities that promote competition, private sector investment and innovation in the digital economy with the aim of enabling people, businesses and governments to be digitally enabled by 2030.
 
•  Business Development: Source and assess opportunities, identify bankable projects anticipating market trends and employing sector/country knowledge; synthesize information into internal reports for decision making purposes.
•  Structuring and Negotiation: Evaluate, structure, negotiate, and close new debt and equity transactions, portfolio restructurings, etc. Develop innovative and appropriate financial structures for complex transactions.
•  Deal Execution and 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. Coordinate closely with social, environmental, legal, and technical assistance colleagues in structuring transactions, to add value to our clients’ businesses, find pragmatic solutions to project and sector challenges, and achieve sustainable development impact.
•  Strategy Development and Knowledge Sharing: Contribute to drafting strategies for sectors, countries, or regions for business development; and develop and execute strategies for more complex client engagements with the objective of building a robust investment pipeline. Build IFC’s knowledge base for best practices and participate in knowledge sharing and dissemination. 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. Promoting the IFC brand and representing IFC at various conferences and workshops.
•  Coordination with WBG: Support World Bank and MIGA colleagues on sector reform and unblocking constraints to attracting private sector capital.
•  Mentoring and coaching: mentor and coach less-experienced colleagues to help build talent and grow the skill base of staff.

 

Selection Criteria

 

•  Master’s degree in finance or similar relevant education.
•  8 to 12 years of experience with a development finance institution, a commercial bank, an international financial institution or a private equity firm with tasks related to private sector infrastructure financing and development.
•  Strong technical and operational skills demonstrated by a track-record of structuring and closing investments in infrastructure sectors and portfolio supervision of complex projects. 
•  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 presentation skills, using charts, graphs and other data presentation techniques appropriately to communicate data, technical information, or complex concepts to non-specialists.
•  Excellent written and verbal communication skills in English as demonstrated by a proven track record of effectively delivering technical information in a clear, easily understandable and effective manner; French or Arabic is a plus.
•  Strong business development and client relationship skills demonstrated by track record; sound business judgment in screening and identifying leads.
•  Proven ability to function effectively as a team member of multi-disciplinary teams and resolve conflicts constructively. 
•  Prior work experience in Africa (especially West Africa), and good knowledge of sector issues in the region is a plus. 
•  Willingness and ability to travel.
•  Genuine commitment to sustainable development.

 

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.