Do you want to build a career that is truly worthwhile? The
International Finance Corporation (IFC), a member of the World Bank Group, is
the largest global development institution focused on the private sector in
emerging markets. Working with more than 2,000 businesses worldwide, we use our
capital, expertise, and influence to create markets and opportunities in the
toughest areas of the world. Visit www.ifc.org.
IFC— the private
sector arm of the World Bank Group—is the largest global development
institution focused on the private sector in emerging markets. We work with
more than 2,000 businesses worldwide, using our capital, expertise, and
influence to create markets and opportunities in the toughest areas of the
IFC has embarked on an ambitious new strategy to stimulate more
investment activity, especially in Low Income Countries (LICs) and Fragile and
Conflict affected States (FCS). This new strategy aims at creating our
own opportunities for private investments in riskier markets by proactively
working in these countries to create, deepen, and expand the markets
themselves. Delivering on this strategy requires a different approach to
delivering integrated and scalable solutions that create new markets through
Upstream engagements and the implementation of the Cascade, in very close
collaboration with World Bank colleagues at the country and sector level.
Ultimately, it is about creating a new pipeline of bankable operations/
The Infrastructure and Natural Resources (INR) Industry Department
is one of IFC’s key strategic priorities. The team delivers
financial and technical support to clients in the power, transport, telecoms,
municipal & environmental infrastructure, oil and gas, and mining sectors,
from IFC’s own balance sheet and through mobilization of other
capital. The Department also seeks to maintain IFC, as part of the
World Bank Group, at the cutting-edge of helping member countries find
solutions to new and emerging infrastructure and natural resource issues.
IFC is seeking an Associate Investment Officer who will work with the
Infrastructure Africa team in identifying new investment opportunities,
executing transactions and actively managing portfolio projects in the region.
The position is based in Johannesburg reporting to the Upstream
Manager, Middle East & Africa.
Note: If the selected candidate is a current Bank
Group staff member with a Regular or Open-Ended appointment, s/he will retain
his/her Regular or Open-Ended appointment. All others will be offered a 3-year
• Provide key support in identification, appraisal, structuring and negotiation of infrastructure 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.
• 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.
• Master’s degree and minimum 4-6 years of relevant experience in the infrastructure projects in an investment related function
• Good understanding of financial and operational characteristics of infrastructure investments.
• Clear experience and expertise in identifying, evaluating, structuring and negotiating 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/Portuguese is a significant advantage)
• A keen interest in development finance and working in a multicultural environment.
The World Bank Group values diversity and encourages all qualified candidates who are nationals of World Bank Group member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Sub-Saharan African nationals, Caribbean nationals, and female candidates are strongly encouraged to apply.