Investment Officer – Capital Markets – Financial Institutions Group

  • Salary:
    negotiable
  • Job type:
    Full-Time
  • Posted:
    2 weeks ago
  • Category:
    Economics, Finance
  • Deadline:
    December 12, 2022

JOB DESCRIPTION

 

Job #: req20142
Organization: IFC
Sector: Investment
Grade: GF
Term Duration: 3 years 0 months
Recruitment Type: International Recruitment
Location: Washington, DC,United States
Required Language(s): English
Preferred Language(s): Spanish, French
Closing Date: 12/12/2022 (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.

The Financial Institutions Group (FIG) is one of the major industry groups at IFC, responsible for managing roughly 40% of IFC’s overall business in terms of volume and capital at risk. FIG’s strategy and implementation work focuses on 3 main pillars: (i) increase financial access and inclusion; (ii) scale sustainability and climate finance; and (iii) make financial systems more efficient, resilient, and sophisticated. FIG engages in a wide range of priority areas including Financial Inclusion, Digitization, Climate, Housing, Distressed Assets, and Trade Finance, to which it offers investment and advisory services through banks, non-bank financial institutions, Fintechs and other digital channels, and the capital markets.

IFC’s priorities in FIG as an industry group are: (i) grow investment and advisory solutions in all regions it operates in, while achieving strong profitability and development impact (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through upstream and downstream interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.

One of the main areas of strategic focus for FIG is Capital Markets and strengthening of the capital markets of its emerging member countries. IFC has long-standing programs for providing support for a wide range of securities issuances by emerging market (EM) clients and is looking to expand its investment activities. A main business line is Capital Markets Innovation, JCAP, Debt Funds and Capital Optimization where the team works in close collaboration with FIG’s regional teams, Treasury, Sector Economics and other IFC Operational departments to expand IFC’s capital markets activities. 

The Global Capital Markets Global is seeking a capital markets investment officer with market and industry experience to help grow and develop its business in emerging markets. This position will complement the existing cadre of Investment Officers and specialists who deliver on Capital Markets Development and Innovation. The position will be based in Washington DC.

Roles & Responsibilities:
 
The Investment Officer will have a wide range of evolving responsibilities in line with strategic priorities of FIG. Anticipated scope of duties and responsibilities during the includes the following:
 
• Help develop innovative and appropriate financial structures in capital markets for straightforward transactions using knowledge and experience of capital markets and anticipating market trends.
• Identify capital market solutions for FIG clients, developing a strong pipeline of quality investment opportunities for IFC, through employing knowledge and experience of capital markets and anticipating market trends.
• Add value to IFC’s clients, find pragmatic solutions to sector challenges, and achieve sustainable development impact.
• Evaluate, structure, negotiate, and close new transactions; use strong negotiation skills to develop solutions; mobilize other investors alongside IFC.
• Build and maintain strong relationships with clients, global and regional private businesses, banking and multilateral partners and government officials to further develop the sector and to develop specific investment opportunities.
• Identify and evaluate opportunities to increase the social development impact of new or portfolio projects.
• Manage portfolio clients.
• Collaborate within team and with the regional teams to develop global and regional capital markets strategies and support related promotion work.
• Coordinate closely with social, environmental, and technical assistance colleagues to add value to our clients’ businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact
• Share knowledge of Capital markets with the FIG regional teams.
• Assist in other project or strategy related activities, as the need may arise.

 

Selection Criteria

 

• Master’s degree in finance, economics, or other related areas. Candidates with MBA, CPA, or CFA would have an advantage. 
• Minimum six to eight years of relevant capital markets experience in emerging markets, with track record in Capital Optimization products, local currency and cross-border bond issuances, financial derivatives, securitizations. 
• Understanding of sector drivers, business, and market development cycles, and how business performance and long-term competitiveness and viability are measured within a sector and how sector dynamics may evolve within a country or region.
• Proven analytical, financial analysis, equity valuation, and financial modeling skills to analyze and form conclusions on company financial information or projects and industry indicators.  Strong credit skills and excellent business judgment.
• Ability to oversee and provide quality control feedback on financial models prepared by analysts.
• Capacity to build productive and mutually beneficial relationships and networks internally and externally to identify business opportunities, discuss structuring alternatives, and resolve issues.
• Commitment to sustainable development.
• Original thinking / quick learning abilities with strong initiative and drive, as well as attention to details.
• Good team player with strong interpersonal skills, and commitment to work in a respectful, team oriented and multi-cultural environment.
• Excellent oral and written presentation skills in English are required; additional major language (French, Spanish)
• Willingness to travel.

 

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.