_____________________________________________________________________________________ IFC, a member of the World Bank Group, creates opportunity for people to escape poverty and improve their lives.We foster sustainable economic growth in developing countries by supporting private sector development, mobilizing private capital, and providing advisory and risk mitigation services to businesses and governments.
The Private Equity and Investment Funds department invests in private equity and other investment funds in IFC’s target markets.IFC’s approach to its fund business is to
(i) invest with fund managers who have a high probability of creating positive development impact and adding value to their portfolio companies by providing equity financing and hands-on strategic and operational guidance; and
(ii) identify sustainable fund models that promote development.
IFC seeks to appoint an Investment Officer to join its Nairobi team. The Investment Officer will work across Sub- Saharan Africa and other regions as required.
Duties and Accountabilities
· Undertake reviews of funds and investee companies and prepare supervision reports, including portfolio performance analyses in comparison to relevant benchmarks;
· track and monitor compliance of portfolio companies and propose courses of action in the event of noncompliance;
· analyze corporate financial data and other industry information to identify and monitor issues that may affect IFC’s investments and recommend actions where necessary;
· develop an understanding of the target countries in Africa, provide market intelligence, and develop strong business networks;
· conduct market studies and help develop a pipeline of potential fund investments; perform research to determine the level of activity and attractiveness of valuations and returns of funds, define future trends, and identify best of breed managers;
· undertake due diligence of potential fund investments; participate in the structuring, negotiating and execution of deals.
· prepare investment review materials and presentations to investment committees to obtain investment approval and negotiate fund documentation;
· communicate IFC’s strategy for funds and its rationale for engaging in specific transactions.
Selection Criteria
· MBA or equivalent qualification;
· High professional integrity and sound business judgment in identifying potential business partners and businesses;
· Ability to think independently, analyze problems, and identify solutions;
· Ability to analyze complex structures and assist clients in financial structuring;
· High degree of initiative, flexibility, reliability, discretion and willingness to learn;
· Highly motivated and energetic, outstanding interpersonal skills, with a collegial and sharing work style; comfortable working in a matrix organizational structure; ability to interact effectively with clients and colleagues from various cultural backgrounds; ability to work with people at all levels and demonstrate responsiveness and ability to work as part of a team;
· Excellent verbal and written communication skills in English; additional languages, particularly French, a plus;
· Minimum of five years relevant work experience, preferably in a private equity firm or a financial institution.
· Knowledge of the private equity market in emerging markets, as well as the critical success factors for investing in private equity funds;
· Knowledge of and work experience in African financial markets;
· Ability and willingness to travel.
Other
This appointment is for an initial 2-year period.World Bank Group staff on regular or open-ended appointments may apply and will also be considered, and if selected will transfer at their current appointment status and grade.
Candidates should submit their application (letter and resume) in English. Please visit IFC’s career website at www.ifc.org/careers to apply on-line.Deadline is February 26, 2010.No phone calls, paper mail or faxes please.All applications will be treated in the strictest confidence.
Only applicants invited for interviews will be contacted.
_____________________________________________________________________________________
Any questions on this opportunity please email: kenyanjobsandvacancies@googlemail.com or get us on facebook
The Private Equity and Investment Funds department invests in private equity and other investment funds in IFC’s target markets.IFC’s approach to its fund business is to
(i) invest with fund managers who have a high probability of creating positive development impact and adding value to their portfolio companies by providing equity financing and hands-on strategic and operational guidance; and
(ii) identify sustainable fund models that promote development.
IFC seeks to appoint an Investment Officer to join its Nairobi team. The Investment Officer will work across Sub- Saharan Africa and other regions as required.
Duties and Accountabilities
· Undertake reviews of funds and investee companies and prepare supervision reports, including portfolio performance analyses in comparison to relevant benchmarks;
· track and monitor compliance of portfolio companies and propose courses of action in the event of noncompliance;
· analyze corporate financial data and other industry information to identify and monitor issues that may affect IFC’s investments and recommend actions where necessary;
· develop an understanding of the target countries in Africa, provide market intelligence, and develop strong business networks;
· conduct market studies and help develop a pipeline of potential fund investments; perform research to determine the level of activity and attractiveness of valuations and returns of funds, define future trends, and identify best of breed managers;
· undertake due diligence of potential fund investments; participate in the structuring, negotiating and execution of deals.
· prepare investment review materials and presentations to investment committees to obtain investment approval and negotiate fund documentation;
· communicate IFC’s strategy for funds and its rationale for engaging in specific transactions.
Selection Criteria
· MBA or equivalent qualification;
· High professional integrity and sound business judgment in identifying potential business partners and businesses;
· Ability to think independently, analyze problems, and identify solutions;
· Ability to analyze complex structures and assist clients in financial structuring;
· High degree of initiative, flexibility, reliability, discretion and willingness to learn;
· Highly motivated and energetic, outstanding interpersonal skills, with a collegial and sharing work style; comfortable working in a matrix organizational structure; ability to interact effectively with clients and colleagues from various cultural backgrounds; ability to work with people at all levels and demonstrate responsiveness and ability to work as part of a team;
· Excellent verbal and written communication skills in English; additional languages, particularly French, a plus;
· Minimum of five years relevant work experience, preferably in a private equity firm or a financial institution.
· Knowledge of the private equity market in emerging markets, as well as the critical success factors for investing in private equity funds;
· Knowledge of and work experience in African financial markets;
· Ability and willingness to travel.
Other
This appointment is for an initial 2-year period.World Bank Group staff on regular or open-ended appointments may apply and will also be considered, and if selected will transfer at their current appointment status and grade.
Candidates should submit their application (letter and resume) in English. Please visit IFC’s career website at www.ifc.org/careers to apply on-line.Deadline is February 26, 2010.No phone calls, paper mail or faxes please.All applications will be treated in the strictest confidence.
Only applicants invited for interviews will be contacted.
_____________________________________________________________________________________
Any questions on this opportunity please email: kenyanjobsandvacancies@googlemail.com or get us on facebook
