Associate Investment Officer

Associate Investment Officer
Job #:
req20253

Organization:
IFC

Sector:
Investment

Grade:
GF

Term Duration:
‎3 years ‎0 months

Recruitment Type:
Local Recruitment

Location:
Cairo,Egypt;Rabat,Morocco

Required Language(s):
English

Preferred Language(s):
French and/or Arabic

Closing Date:
‎12/‎15/‎2022 (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.

Sustainable infrastructure is critical for addressing developmental challenges
in emerging markets. IFC offers long-term financing and industry-leading
expertise to develop infrastructure projects that provide essential services--
including energy & electricity, telecommunications, transportation, water &
and sanitation, natural resources--in partnership with the private sector. As
part of the World Bank Group, we also work with governments and development
partners to create a business environment that attracts private capital to
infrastructure sectors.

The Africa Infrastructure team is seeking an (Associate) Investment Officer
for our office in Cairo, Egypt or Rabat, Morocco. The selected candidate will
report to the New Business Manager Infrastructure North Africa, Lusophone West
Africa, Horn of Africa & Nigeria.

Duties and Responsibilities:

The (Associate) Investment Officer will identify new investment opportunities,
execute transactions and actively manage portfolio projects. More
specifically, his assignments will encompass:
*
Business Development: Gather market intelligence, source and assess
opportunities, anticipate market trends, and by employing sector/country
knowledge identify bankable projects then synthesize information into internal
reports for decision making purposes. S/he will also support the development
of client strategies and pitchbooks.
* Structuring and Negotiation: Evaluate, structure, negotiate, and close new debt and equity transactions, portfolio restructurings, capital increases, equity sales, etc. This shall include performing credit and risk assessments, financial projections, covenant compliance reviews (debt), and general supervision.
* Deal Execution and Transaction Management: Lead straightforward investment transactions incorporating lessons learned from IFC 's earlier investments, portfolio management or advisory mandates. 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 junior team members to help build talent and grow the skill base of staff.
Selection Criteria
* Master's degree in finance or similar relevant education.
* At least ‎5 years of relevant professional experience in a development finance institution, investment/corporate banking, project finance, infrastructure project development, and/or equity investing.
* Strong analytical and financial structuring skills (including financial modeling experience) and sound business judgement.
* 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.
* Broad understanding of infrastructure sectors such as power, transportation, water & and sanitation, natural resources, telecom/technology, industry drivers, latest trends and changes, and standard market transaction arrangements; a deep knowledge within one of the infrastructure sectors and understanding of infrastructure challenges faced by countries within the region are highly desirable.
* Appreciation of legal, technical, environmental, social, and other considerations in project and corporate finance.
* 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; French and / or Arabic is a plus.
* Strong inter-personal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds.
* Proactive, self-motivated, and well-organized.
* Genuine commitment to 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.