Job #: 131609
Title: Associate Investment Officer
Job
Stream: Investment
Location:
Nairobi, Kenya
Background / General Description:
IFC, the
private sector arm of the World Bank Group, is the largest multilateral
provider of financing for private enterprise in emerging markets.
IFC
provides loans, equity, structured finance and risk management tools as well as
advisory services to build the private sector in developing countries.
IFC invests
in private sector projects that are financially and economically viable and
have a substantial development impact.
The
Corporation is headquartered in Washington, D.C. It has three hubs in
Sub-Saharan Africa (Johannesburg, Dakar, and Nairobi) and several field
offices.
The Financial Markets Department, one of IFC’s several industry departments, supports projects in numerous financial subsectors, builds local financial institutions, develops local equity and debt markets and introduces new financing instruments.
The Financial Markets Department, one of IFC’s several industry departments, supports projects in numerous financial subsectors, builds local financial institutions, develops local equity and debt markets and introduces new financing instruments.
The goal is
to develop efficient financial systems that will fuel economic growth in client
countries and enhance IFC’s developmental impact.
The Financial Markets Department is recruiting an Associate Investment Officer to join the Investment and Portfolio Team, which originates, manages and monitors IFC’s financial sector and private equity fund investments in Sub-Saharan Africa.
The Financial Markets Department is recruiting an Associate Investment Officer to join the Investment and Portfolio Team, which originates, manages and monitors IFC’s financial sector and private equity fund investments in Sub-Saharan Africa.
The
Associate Investment Officer will report to the Financial Markets Manager,
Sub-Saharan Africa.
The position is based in Nairobi, Kenya.
The position is based in Nairobi, Kenya.
Duties
and Accountabilities:
- 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 and
private equity funds.
- 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.
Selection Criteria:
- Masters degree and minimum of 4
years of relevant experience in the financial sector, preferably in an
investment related function and/or the private equity industry.
- Good understanding of financial
and operational characteristics of financial institutions and/or private
equity funds.
- 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 ability to work
effectively on simultaneous projects under time pressure.
- Excellent verbal and written
communication skills in English; French or Portuguese a significant plus.
- A keen interest in development
finance and working in a multicultural environment.
How to apply