The World Bank Group is hiring an (Associate) Investment Officer- Financial Institutions Group for the International Finance Corporation in Rabat,Morocco and Lagos, Nigeria.
Job Description
The Financial Institutions Group (FIG), one of IFC’s industry departments, supports projects in numerous financial sub-sectors, partners with local financial institutions, develops domestic and regional equity and debt markets, and introduces new financing instruments.
FIG is recruiting an Associate Investment Officer/Investment Officer to join the Investment Team, which originates, manages, and monitors IFC’s financial sector investments across Africa. The (Associate) Investment Officer will report to the FIG Regional Industry Managers.
There are two positions based in Rabat, Morocco and Lagos, Nigeria.
Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3-year term appointment.
Duties and Responsibilities
• Provide key support in identification, appraisal, structuring and negotiation of financial sector investments.
• Identify and analyze fundamental competitive strengths and weaknesses of projects or portfolio companies and identify non-financial issues, opportunities and risk/reward factors (e.g. business environment, country, and sponsor).
• Handle disbursements, waivers and complex client interactions such as restructurings; monitor and value equity investments and recommends/executes the sale of holdings.
• Monitor existing investments in portfolio companies, comprising various types of financial entities.
• Review and analyze the financial and operating performance of clients; prepare quarterly risk ratings, annual supervision and other management reports as well as country strategy papers, briefs and project profiles.
• Handle client relationships and provide insight into sector developments in client countries to anticipate new investment opportunities and/or performance issues.
• Apply knowledge of project/portfolio lifecycle to identify and meet critical path milestones, and to implement tasks (including production of documents) in a timely and high-quality fashion for the processing or supervision of projects.
• Actively keep abreast of regional and industry developments and incorporates trends into the processing or supervision of projects.
Requirements
• Master’s degree and minimum 5 years of relevant experience in the financial sector, preferably in an investment-related function, audit, corporate banking, and/or the private equity industry.
• Good understanding of financial and operational characteristics of financial institutions.
• Clear experience and expertise in identifying, evaluating, structuring and negotiating debt and equity transactions; experience in portfolio management.
• Sound business judgment and strong problem-solving/negotiation skills, as well as the ability to work effectively on simultaneous projects under time pressure.
• Excellent verbal and written communication skills in English
• A keen interest in development finance and working in a multicultural environment.
Interested applicants can apply via the link
