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 Advisory Services in Public Private Partnerships (C3P) is focused on assisting governments to develop and bring to market public-private partnerships primarily in the infrastructure and social sectors. In Brazil, among other initiatives, C3P has a partnership with the Brazilian Development Bank (Banco Nacional de Desenvolvimento Economico e Social – BNDES) and the Inter-American Development Bank (IDB) called the Private Sector Partnership Program (the PSP Program) to jointly develop such projects. C3P is seeking to recruit an Investment Officer (IO), to be based in São Paulo, who will report to the head of the C3P Program in Brazil.
Investment Officers are often the project leaders of multidisciplinary teams and professionals who have expertise in the regions or sectors in which C3P does business. The overall goal of the job holder is to maximize the impact of IFC’s intervention and to contribute to the regional and/or sector/industry development in IFC’s countries of operation by executing innovative, developmental, and financially sustainable PPP advisory mandates with Brazilian public sector clients.
Roles & Responsibilities:
a) Business development:
• Assist the PSP Program with its marketing activities, taking a proactive approach to developing new client contacts and project leads.
• Take the lead in the preparation of proposals or mandates for new projects; the preparation and negotiation of client proposals and overseeing internal approval processes.
• Develop a thorough understanding of Brazil, particularly its infrastructure sectors, provide market intelligence and knowledge of developments in the general business environment.
b) Transaction execution:
• Lead several mandates simultaneously with different project teams.
• Oversee less experienced staff on project teams, ensuring quality execution, good client service and development of staff.
• Assist in (or when team leader, be responsible for) the design of Terms of Reference – TORs for specialized consultant support to project teams, the selection and management of consultants, requests for proposals and applications for funding for consultant costs.
• Lead technical, legal, regulatory, financial, and commercial assessment of advisory transactions, as well as project structure design.
• Be able to directly develop complex financial models for PPP projects and oversee junior staff in the production of financial models.
• Manage the drafting and negotiation of contractual and bidding documents such as concession agreements, shareholder agreements, etc;
• Lead the marketing of the transaction to potential private sector investors.
• Manage the execution of competitive, transparent tender processes, and the resultant finalization of contractual agreements between investors and client governments.
c) Other duties:
• Coordinate closely with social, environmental, and investment colleagues to add value to our clients’ projects.
• Develop reports for Senior Management upon request.
• Perform other duties as requested by senior members of the team.
Selection Criteria
• MBA or equivalent degree in business, finance, economics or similar.
• At least 8 years’ experience in business consulting, project finance, investment banking and/or infrastructure economics, with good knowledge, networks and credibility within the business and governmental communities, especially in Brazil;
• Deep understanding of the infrastructure business and experience in working with different infrastructure sub-sectors.
• Understanding of public-private partnerships (PPPs) and different structures for engaging the private participation in the delivery of infrastructure services.
• Strong track record of contractual and/or financial closings of infrastructure transactions.
• Experience in dealing with government clients, investors, and multiple stakeholders of infrastructure projects.
• Experience in successfully managing diverse project teams in multiple transactions.
• Strong financial, analytical, and modeling skills; sound business judgment; ability to find creative solutions to accommodate different interests. Experience in reviewing legal documents and/or technical studies will be a plus.
• Proficiency in English and Portuguese. Spanish would be a plus.
• Excellent communication skills both written and oral, including the ability to convey ideas and positions clearly.
• Excellent interpersonal skills, with the ability to establish and develop relationships.
• Leadership, coaching and mentoring skills.
• Willingness to travel extensively.
• Motivated and enthusiastic about the opportunities and challenges of 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.