Senior Investment Officer

Job #: req8516

Organization: IFC

Sector: Investment

Grade: GG

Term Duration: 3 years 0 months

Recruitment Type: International Recruitment

Location: Addis Ababa,Ethiopia

Required Language(s): English

Preferred Language(s): French

Closing Date: 9/28/2020 (MM/DD/YYYY) at 11:59pm UTC

Description

IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In fiscal year 2019, we delivered more than US$19.1 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org.

The Manufacturing, Agribusiness and Services (MAS) Africa Department is recruiting a Senior Investment Officer (SIO) to join the Manufacturing and Consumer Services team, which is responsible for sourcing and executing investment transactions in the manufacturing, health, education, tourism, retail and property sectors.

The Senior Investment Officer (SIO) will be based in Addis Ababa, Ethiopia with East Africa regional coverage and will report to the Manufacturing and Services Manager for Sub-Saharan Africa.

ROLE & RESPONSIBILITIES

The SIO 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 include but are not limited to:

• Develop a thorough understanding of the relevant sector (Manufacturing and Consumer Services) and support team in developing strong relationships with key 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, conduct due diligence, structuring deals, negotiate terms and documentation, arrange syndications, and process 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 rescheduling.

• Provide high quality client service throughout the project cycle from transaction sourcing and processing to supervision.

Selection Criteria

• MBA, Master’s degree in Finance or equivalent.

• At least 12-14 years of work experience for a major commercial or investment bank with significant emerging markets presence, an international financial institution or a private equity firm;

• Experience in investment transaction, with proven success in developing client relationships as well as sourcing, negotiating, structuring and closing quality investments;

• Knowledge of and experience in emerging markets a plus (particularly in Sub-Saharan Africa);

• Strong business judgment in identifying potential business partners;

• Strong financial and credit skills; sound business judgment and demonstrated ability to structure a variety of financial instruments (debt and equity);

• Client relationship skills, track record and ability to focus on client needs effectively;

• Ability to interact directly and independently with the senior management of clients, financial and technical partners as well as senior government officials;

• Strong interpersonal and leadership skills, ability to work successfully in multicultural teams and across boundaries and to build networks across the region, including the ability to mentor and coach others to achieve results;

• Excellent organizational, administrative, and time management skills;

• Proven ability to work independently and deliver promptly and efficiently under pressure and meet tight deadlines;

• Willingness to travel extensively and geographic flexibility;

• Excellent verbal and written communication skills in English. Fluency in other languages, particularly French, a plus

"This

internal requisition is open to WBG and IMF staff only (including short-term

and extended term consultants/ temporaries). External candidates are requested

not to apply. In case an external candidate applies, their application will not

be considered."

Poverty

has no borders, neither does excellence. We succeed because of our differences

and we continuously search for qualified individuals with diverse backgrounds

from around the globe.