Investment Analyst - Distressed Assets Recovery Program

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.

Private sector financial development is essential to the promotion of successful and sustainable economies in low and middle-income countries around the world. Sound and efficient financial markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth. IFC’s goal is to prioritize investment in the financial sector because it promotes development in all other sectors.

The Financial Institution Group (FIG) is one of IFC’s key Departments responsible for a significant portion of IFC’s business volume, profitability, and development reach, approximately 40%. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas. 

IFC’s Distressed Assets Recovery Program (DARP) focuses on making investments in the distressed assets space, establishing investment facilitates and building servicing capacity in emerging markets globally. DARP has a successful track record of transactions and IFC is looking to expand its investment activities in this line of business. As a result, IFC is looking to recruit an Analyst to join the DARP team, with the aim to continue to scale up DARP’s business, as well as strengthen the management of the existing portfolio. 

The Analyst will be based in Washington, DC, and will report to the Global Head of DARP.  

Duties and Accountabilities:

Specific responsibilities include, but are not limited to:
•   Provide support to teams responsible for investments in distressed assets during the entire project cycle – origination, execution and supervision of investments.
•   Conduct industry and market research, with a focus on distressed assets markets.
•   Create, analyze and assess complex financial analysis and pricing/valuation models on distressed assets deals.
•   Support the evaluation, structuring and negotiation of both straightforward and complex new transactions, including both corporate finance and project finance, entailing equity and debt transactions.
•   Review company information and prepare reports on periodic financial statements and project progress reports and other information submitted by clients.
•   Work closely with portfolio staff in IFC regional offices and other DARP team members to monitor the performance of the underlying assets acquired by DARP facilities to evaluate risk and recommend active portfolio management actions.
•   Prepare documentation for IFC internal processes, including but not limited to credit ratings, investment valuations and compliance reports on IFC financial, environmental and social, insurance and legal requirements.
•   Provide support to some corporate initiatives within DARP.
•   Assist in other projects or strategy related activities as the need may arise.

Selection Criteria

•   Bachelor’s or equivalent degree with specialization in Economics and/or Finance.
•   At least 2 years of experience in finance, banking or portfolio management.
•   Previous exposure to and understanding of distressed investing with demonstrated experience in distressed asset acquisition, management, and resolution is desirable.
•   Strong financial analysis and modelling skills and ability to identify key issues.
•   Sound numerical, analytical and conceptual skills encompassing finance and the associated areas of investment, risk management and corporate finance with a focus on distressed assets.
•   Knowledge and experience in international economic development arena and commitment to sustainable development.
•   Recognized as a team player; Capacity to deal with conflicting priorities and deliver high quality work on schedule; Willingness to work in multicultural teams and across boundaries.
•   Strong client service orientation with an openness to feedback and new ideas.
•   Original thinking and quick learning abilities with strong initiative and drive, as well as attention to details.
•   Excellent oral and written presentation skills in English are required.
•   Willingness to travel.

IFC offers a highly challenging and rewarding working environment with outstanding opportunities for professional growth, as well as attractive conditions. 

All applications will be treated in strictest confidence. Only applicants selected for interviews will be contacted.

WBG Culture Attributes:

1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.

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.