Duties and Accountabilities:
The duties and accountabilities of the role include
but are not limited to:
Develop a strong pipeline of good quality investment
opportunities through proactive origination/business development and developing
and employing sector/country knowledge.
Build and maintain strong relationships with existing
and potential FIG clients, investors, arrangers and other key stakeholders
(development partners, government, World Bank) of the financial sector
community to further develop the sector and to develop specific investment
opportunities.
Mobilize other investors alongside IFC.
Engage with mid and senior-level clients of projects
to understand their business directions and challenges that may lead to new
opportunities, and support design of client engagement plans, as applicable.
Lead investment transactions incorporating lessons
learned from IFC’s earlier investments and portfolio management.
Support upstream initiatives across the World Bank to
unlock constraints to financial sector growth and inclusion in the region and
globally.
As team leader and sector investment specialist, evaluate, structure, negotiate, and close new transactions, portfolio restructurings, rescheduling, capital increases, equity sales, as necessary.
Use strong negotiation skills to develop solutions
and overcome impasses in complex transactions.
Build productive and mutually beneficial
relationships/networks internally and externally to identify business
opportunities, discuss structuring alternatives, and resolve issues.
Collaborate in developing client strategies/
engagement plans and pitch books for industry and countries.
Develop innovative and appropriate financial
structures for complex transactions.
Lead term sheet negotiation/legal documentation
process; use strong negotiation skills to develop solutions and overcome
impasses in straightforward and complex transactions.
Mentor and coach less-experienced staff and help
build talent and grow skill base of staff.
Coordinate closely with social, environmental,
governance, and technical assistance colleagues in order to add value to our
clients’ businesses, find pragmatic solutions to the specific sector
challenges, and achieve sustainable development impact.
Monitor complex portfolio projects supporting value
contribution and development impact to IFC’s debt and equity investment
portfolio: lead active portfolio management and negotiations to maximize
financial and development effectiveness results.
Review and analyze the financial and operating
performance of clients, including covenant compliance reviews and impact
reporting; prepare quarterly risk ratings, annual supervision and other
management reports as well as country strategy papers, briefs and project
profiles.
Responsible for rating reviews or loan loss reserve
on a quarterly basis for the overall assigned portfolio and monitor changes to
risk flags to determine performance of assigned portfolio with limited
supervision.
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.
Supervise and ensure quality of portfolio reporting
information prepared by junior staff, providing broader industry, sub-sector
and country perspective into project risks and issues.
Selection Criteria
Master’s degree in finance or similar relevant
education; accreditation as a CFA or CPA is considered a plus;
At least 10-14 years of relevant experience in the
financial sector, including a solid operational understanding of commercial
banks and other financial entities in Africa.
Demonstrated network of top-level contacts in the
financial services and investment industries in Africa.
Documented experience and expertise in identifying,
evaluating, structuring and negotiating private debt and equity investments;
experience in portfolio management.
Sound business judgment and strong problem
solving/negotiation skills to identify issues and present creative, practical
solutions.
Ability to work effectively on simultaneous projects
under time pressure.
Capacity to deal with conflicting priorities and
deliver high quality work on schedule; facility to work successfully in
multicultural teams and across boundaries.
Ability to build and maintain relationships with the
business community and governmental authorities, as needed.
Proactiveness, strong business development and client
relationship skills, and ability to focus on client needs effectively.
Ability to interact directly and independently with
the senior management of potential clients, financial and technical partners,
as well as senior government officials.
Sound business judgment in identifying potential
business partners and investment opportunities.
Ability to draft documents and reports that are
concise, well-organized, and appropriately focused on most critical points that
are relevant to the target audience.
Excellent verbal and written communication skills in
English. French/ will be a plus.
Strong interpersonal skills, ability to interact
effectively with clients and colleagues.
Team player; Ability to work sensitively and
effectively in a multicultural setting.
Takes personal responsibility and accountability for
timely response to client queries, requests or needs, working to remove
obstacles that may impede execution or overall success.
Willing to travel to various regions in Africa (as
long as safety standards are met based on the World Bank standards).
Strong passion in sustainable economic development.
Exceptional attention to detail.
Strong research and quantitative skills.
Strong Computer skills to develop
user-friendly/punchy analyses/presentations (word, excel, and PowerPoint).
How To Apply