Senior Investment Officer
Job # : req17297
Organization : IFC
Sector : Investment
Grade : GG
Term Duration : 3 years 0 months
Recruitment Type : International Recruitment
Location : Dakar,Senegal
Required Language(s) : English, French
Preferred Language(s) : Portuguese
Closing Date : 5/16/2022 (MM/DD/YYYY) at 11:59pm UTC
Description
Voulez-vous construire une carrière qui en vaille vraiment la peine ? Travailler à la Banque mondiale vous offre une occasion unique d’aider nos clients à résoudre leurs plus grands défis en matière de développement. La Banque mondiale est constituée de deux entités – la Banque internationale pour la reconstruction et le développement (BIRD) et l’Association internationale de développement (IDA). Il s’agit d’une coopérative mondiale de développement détenue par 189 pays membres. En tant que plus grande banque de développement au monde, la Banque mondiale fournit des prêts, des garanties, des produits de gestion des risques et des services de conseil aux pays à revenu intermédiaire et aux pays à faible revenu solvables, et coordonne les réponses aux défis régionaux et mondiaux. Visitez le site www.worldbank.org.
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is a global investor and advisor committed to promoting projects in its developing member countries that are economically beneficial, financially and commercially sound, and environmentally and socially sustainable. IFC finances private sector investments, mobilizes capital in the international financial markets, helps clients improve social and environmental sustainability, and provides technical assistance and advice to governments and businesses in the developing world.
The Manufacturing, Agribusiness and Services (MAS) Department is seeking a Senior Investment Officer for its services and manufacturing operations in Africa to be based in Dakar. She/he will report to the Manager –Services for Africa.
Duties and Accountabilities:
• 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 regional clients, businesses, banking and multilateral partners and government officials to further develop the sector and to develop specific investment opportunities.
• Conduct upstream work to enhance business enabling environment of selected sector/country collaborating with World Bank, IFC Upstream and Advisory and other development partners, to create medium/long-term investment opportunities for IFC (“IFC 3.0”).
• As team leader and sector investment specialist, evaluate, structure, negotiate, and close new transactions, portfolio restructurings, rescheduling, capital increases, equity sales, as necessary.
• 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 develop junior staff.
• Assist in the formulation, monitoring and updating of IFC’s strategy in the services and manufacturing in Africa region, working with IFC’s industry and regional departments and in close coordination with the World Bank.
• 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.
Selection Criteria
• MBA or equivalent qualification.
• At least 11-14 years of experience in corporate and/or project finance with a proven track record of sourcing, structuring and closing investments.
• Excellent financial, credit and equity skills; demonstrated ability to creatively structure a variety of complex debt and equity instruments.
• Expertise in the general services (i.e., retail, properties, health, education) and manufacturing industries. Experience in Africa will be a plus.
• 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.
• Excellent verbal and written communication skills in English and French. Portuguese 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.
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.
