Investment Officer

Investment Officer
Job #:
req22174

Organization:
IFC

Sector:
Investment

Grade:
GG

Term Duration:
‎3 years ‎0 months

Recruitment Type:
Local Recruitment

Location:
Cairo,Egypt

Required Language(s):
English

Preferred Language(s):
Arabic, French

Closing Date:
‎4/‎25/‎2023 (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 is looking to recruit an Investment Officer for its Africa Infrastructure
department. The hiring group is responsible for sourcing, executing and
supervising investment transactions in the energy, transport, telecoms and
municipal & environmental infrastructure sectors. IFC's Investment Officers
are responsible for the origination, negotiation, structuring and subsequent
supervision of IFC's investment projects. This position is expected to cover
all infrastructure sectors and is based in Cairo, Egypt. The selected
candidate will report to the New Business Manager Infrastructure North Africa,
Horn of Africa & Nigeria.
Duties and Accountabilities

The Investment Officer will identify new investment opportunities, execute
transactions and actively manage portfolio projects:
* 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, capital increases, equity sales, 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+ 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 financing.
* Proven track-record of sourcing, structuring and closing private investment projects in infrastructure sectors, ideally including investments in Africa.
* Strong business development and client relationship skills demonstrated by track record; sound business judgment in screening and identifying leads.
* Deep industry and market knowledge of at least one infrastructure sector (energy, transport, telecoms and municipal & environmental infrastructure); understanding of infrastructure challenges faced by countries within the region.
* Ability to interact directly and independently with the senior management of potential clients, financial and technical partners as well as senior government officials.
* Project finance and equity investment experience is essential; strong credit skills backed by references and deal sheet; demonstrated ability to structure complex debt and equity transactions.
* Track record of portfolio supervision of complex projects.
* The position requires regional and international travel; hence the candidate should be willing and open to travel.
* Excellent verbal and written communication skills in English; Arabic and/or French a plus.
* Strong inter-personal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds.
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.