MBA
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
visit www.ifc.org. IFC is recruiting two Investment Officers based in Accra
Ghana and Lagos
Nigeria as part of the Manufacturing
Agribusiness and Services (MAS) team in Africa. The selected candidate will provide expertise in the Manufacturing and Services (tourism
retail
property
health
and education) sectors to the IFC MAS regional industry (investment) teams in Africa. This role requires strong and demonstrated technical skills in sourcing
structuring
negotiating
and executing transactions and in portfolio management. The Investment Officer will also have a significant role in setting strategies to grow IFC’s Africa Services business
as well as day-to-day responsibilities leading transactions
and portfolio management. She/he will report to IFC Regional Industry Manager
Services
for West
Central
North Africa
and Horn of Africa. Duties and Accountabilities: The Investment Officer will work closely with colleagues in the Africa region and in Washington
DC
on business development
transaction execution
portfolio supervision
and client relationship management in manufacturing and services. The responsibilities include but are not limited to: • Develop a strong pipeline of good quality investment opportunities through proactive origination/business development and developing and employing sector/country knowledge. • As transaction lead]
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. • Provide high quality client service throughout the project cycle from transaction sourcing and processing to supervision. • 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. • Mentor and develop junior staff. • Assist in the formulation
monitoring and updating of IFC’s strategy in the Services sectors 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 to add value to our clients' businesses
find pragmatic solutions to the specific sector challenges
and achieve sustainable development impact. • Support in providing thought leadership within the team
specifically on the Services sectors- tourism
retail
property
health
and education. Selection Criteria • MBA
master’s degree in finance or equivalent • At least 10-15+ years of relevant work experience within IFC or with a major private equity firm
commercial bank or international financial institution with significant emerging markets presence • Experience in investment transaction (corporate and project finance)
with proven success and track record in developing client relationships with the ability to focus on client needs effectively as well as sourcing
negotiating
structuring and closing quality investments • Expertise in services sectors i.e. tourism
retail
commercial and residential property
health and education sectors • Knowledge of and experience in investing in emerging markets a plus (particularly in West Africa)
established network in the region is a plus; • Strong business development/origination and judgment in identifying potential business partners and investment opportunities • Strong financial and credit skills; demonstrated ability to structure a variety of financial instruments (debt
equity
mezzanine) • Ability to interact directly and independently with the senior management of clients
financial and technical partners as well as senior government officials • Strong interpersonal and leadership skills
ability to work successfully in multicultural teams and across boundaries and to build networks across the region
including the ability to mentor and coach others to achieve results • Excellent organizational
administrative
and time management skills • Strong sense of personal responsibility and accountability. Proven ability to work independently and deliver promptly and efficiently under pressure and meet tight deadlines • Willingness to travel extensively and geographic flexibility • Excellent verbal and written communication skills in English
fluency in other languages a plus.