Investment Officer
International Finance Corporation (IFC)
Close on 21 Aug 2020
Location: United States
Grade: GG, Mid-level Professional
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Added 2 weeks ago
Job Description

Description

IFC—a sister organization of the World Bank and 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 in developing countries. In fiscal year 2019, we invested more than $19 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org

IFC's Telecom, Media, Technology (TMT) Group within the Infrastructure Department invests in private sector companies globally. IFC’s TMT Group has a track record of successful investments in mobile telephony companies, submarine cables, broadband networks, independent tower companies and data centers. IFC’s TMT Group is unique for both its regional and global prospective on the TMT space, long-term approach to investments, ability to leverage the resources of the entire World Bank Group, as well as its commitment to maximizing the value of its portfolio companies through sustained assistance. The Global TMT group sits within the Infrastructure and Natural Resources Department (INR).

The Global TMT group is looking for a Washington DC based Investment Officer to support its new business sourcing and investment activities globally. The selected candidate is expected to report to the Global TMT Manager, proactively supporting the group’s mandate to deepen the scope, reach and impact of the global investments in the TMT sector by leading a series of activities including but not limited to: i) play a crucial role in investments across the capital structure (equity, mezzanine or senior debt); ii) lead due diligence in different subsectors (broadband, data centers, independent tower operators and mobile operators); iii) lead assessment of risks and mitigation tools as well as transaction structuring/terms; iv) oversee/ provide support to the origination and project execution activities of the regional investment teams as needed, sharing sector specific insights and structuring support, v) provide support to the portfolio teams in the supervision/ management of portfolio assets, vi) oversee the work and provide mentoring if applicable for the direct reports assigned; vii) support business development efforts of the regional teams; viii) support the World Bank Group’s initiatives targeting the increased internet access in under-served regions.

Role & Responsibilities:

The responsibilities of the Investment Officer include but are not limited to:

• Promote IFC's investments in the TMT sector globally.
• In cooperation with the regional IFC teams, build a strong pipeline of potential investment opportunities.
• Identify and support the execution of viable investment transactions which maximize development impact as well as profitability.
• Providing transaction support to regional team as needed which shall include conducting company due diligence, valuation, financial analysis, and transaction structuring.
• Analyze prior transactions and track record with specific clients to develop input for future business opportunities; Disseminate knowledge across the industry group.
• Help develop and implement innovative and appropriate financial structures for complex transactions.
• Be the primary contact point between IFC's designated regional departments and the TMT global team; Work closely with the regional departments to deliver IFC's investment targets and development impact.
• Collaborate in developing strategies for various TMT sub-sectors and countries.
• Lead project teams, mentor and develop junior staff.
• Gather market intelligence to stay informed of emerging trends in TMT sub-sectors in various countries; Identify business models and opportunities for new approaches that can accelerate private sector participation and development impact within a region;
• Maintain relationships with clients and other stakeholders (government, development partners, WBG) who are at a level where they can influentially participate in developing immediate and future business opportunities;
• Help to build and maintain a network of global and regional co-investors and co-lenders to develop specific investment opportunities and to provide funding alongside IFC.
• Support the World Bank Group’s initiatives targeting increased internet access in under-served regions across emerging markets.

Selection Criteria

• At least 6 years of investment experience (e.g. commercial or investment banking, private equity or infrastructure funds) with a proven track record of sourcing and closing deals;
• Experience in the design, implementation and successful closing of transactions.
• Genuine and strong interest in and commitment to international development;
• Excellent communication skills in English, both in written and oral; ability to convey ideas and positions clearly; strong presentation skills; Communication skills in French are desirable;
• Knowledge of and/or investment experience with the TMT sector, particularly in emerging markets, is an advantage;
• MBA or equivalent qualification;
• Sound business judgment in screening/identifying potential investment opportunities and making go/no-go recommendations;
• Strong structuring and technical skills; good familiarity with a variety of complex financial structures and instruments for both debt and equity;
• Understanding of Telecom trends and key issues, and experience in working with different infrastructure sub-sectors is desirable;
• Effective teamwork in multi-cultural and multi-location environment and ability/experience with providing guidance, supervision, professional development and quality control of work products and analyses of more junior team members;
• Strong communication and coordination skills, with a track record of working across organizational boundaries;
• Ability to interact directly and independently with the senior management of (potential) clients, partners and senior government officials;
• Capacity to identify and successfully develop market creation opportunities in multiple countries by demonstrating long-term perspective, open-mindedness, persistence, innovation, and ability to leverage all instruments and programs available at the World Bank Group;
• International exposure, especially to the emerging markets, cultural sensitivity and willingness to travel extensively;

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.

About IFC

The International Finance Corporation is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in developing countries.

IFC—a sister organization of the World Bank and member of the World Bank Group—is the largest global development institution focused exclusively on the private sector in developing countries. The Bank Group has set two goals for the world to achieve by 2030: end extreme poverty and promote shared prosperity in every country.

IFC leverages its products and services—as well as products and services of other institutions across the World Bank Group—to create markets that address the biggest development challenges of our time. 

IFC is a leading mobilizer of third-party resources for projects. Our willingness to engage in difficult environments and our leadership in crowding-in private finance enable us to extend our footprint and have a development impact well beyond our direct resources.