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Financial Officer/ Structured Finance

Job #: req29514
Organization: IFC
Sector: Financial Sector
Grade: GF
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment
Location: London,United Kingdom
Required Language(s): English
Preferred Language(s): French
Closing Date: 10/8/2024 (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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, please visit www.ifc.org.

IFC’s Treasury Client Solutions Department is a client-facing transaction-structuring and execution team that provides IFC’s clients with innovative fixed-income solutions. The group has global responsibility for derivative transactions, structured products, local currency solutions, and debt capital markets solutions.
The department is looking to appoint a skilled and well-versed finance professional with experience in structured credit to join the EMEA team, covering markets in Africa, Middle East, Europe and Central Asia. The individual would focus on structuring and risk assessment for IFC’s structured finance investments (including true sale and synthetic securitizations, ABS, CLOs, covered bonds, portfolio guarantees, structured debt funds etc.) and contribute to further enhancing the department’s analytical approach for these products. The individual would also contribute to IFC’s debt capital markets and local currency financing transactions and assume shared responsibility for building business growth in the EMEA region.

Duties and Accountabilities:

• Co-lead the structuring, risk analysis, pricing, and execution of fixed income transactions for IFC’s clients involving structured products (including cash and synthetic securitization, future flow securitization, covered bonds, and portfolio guarantees), capital markets instruments, local currency financing, or fixed-income derivatives.
• Contribute to expanding IFC’s range of suitable solutions, including innovative structured products and local currency financing, in frontier markets.
• Identify business opportunities and contribute to business development and innovation together with relevant teams (including investment departments, credit, legal, blended finance, upstream, and other relevant functions).
• Build and maintain relationships with key stakeholders including regulators, government entities, investors, rating agencies, global and regional bank counterparts, and capital market firms.
• Co-lead relevant initiatives and contribute to the development of relevant policies, frameworks, processes and methodologies, and inform corporate decision-making within areas of responsibility.
• Provide product expertise, advice and training, and help others in the institution learn and deliver.
• Represent the department in relevant internal and external working groups and conferences.

Selection Criteria

• MBA or Master’s degree in Finance, Financial Engineering, Economics, Financial Mathematics, Statistics or related area.
• At least 5 to 10 years of relevant work experience in fixed income with a focus on structured finance and debt capital markets transaction execution, ideally including exposure to emerging markets.
• Deep theoretical and practical understanding of quantitative and analytical methodologies to analyze and price structured products (e.g. cash and synthetic securitizations, covered bonds, portfolio guarantees etc.).
• Well-rounded business judgment, strong negotiation, structuring, and problem-solving skills.
• Proven ability to provide technical leadership to cross-functional teams;
• Highly motivated, results-oriented team player with an enthusiasm to work on complex products, a “can do” attitude and ability to collaborate effectively across organizational boundaries.
• Proven ability to foster open discussions across boundaries, encouraging a learning culture and provide a safe environment for the exchange of ideas.
• Excellent written and verbal communication skills and strong ability to describe complex concepts, approaches, and lessons learned in a manner that is relevant and understandable for clients and stakeholders.
• Flexibility and willingness to work in different time zones as required in a global team.

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.