Associate Investment Officer
Istanbul, Turkey
JOB DETAIL
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.
The Trade and Supply Chain Department (CTS) is one of the industry groups at IFC, with both investment and advisory services delivered to IFC’s clients through IFC’s global network. IFC’s priorities in Trade are: (i) grow investment and advisory solutions in all regions it operates in while achieving strong profitability and development impact, (ii) build new and nurture existing client relationships to make IFC the preferred partner for critical clients (iii) manage a portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products, and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.
Global Trade is an engine of growth that creates jobs, reduces poverty, and increases economic opportunities. It is a key driver of integration and opportunities for local enterprises in emerging markets and developing countries. Financing trade is fundamental to the movement of goods at all supply chain stages and can have a strong development impact in developing countries. IFC’s trade finance programs offer guarantees, risk-sharing facilities, loans, and other structured products to support Trade in emerging markets. Through these various products, IFC has supported more than 400 financial institutions and thousands of underlying companies in more than 90 countries across all regions of the globe. To date, IFC’s Trade and Supply Chain Finance has supported over $200 billion in global Trade, which is directly linked to the movement of specific goods across emerging market borders.
CTS manages IFC’s trade and supply chain finance-related products, starting with its flagship Global Trade Finance Program (GTFP) and other programs. IFC is looking for an Associate Investment Officer responsible for special initiatives under GTFP.
The Associate Investment Officer will report to the Head of GTFP Operations, and will be based in Istanbul, Turkiye.
Roles and Responsibilities
The Associate Investment Officer is expected to:
• Be responsible for managing the Global Trade Finance Program (GTFP) portfolio for special initiatives for mobilization
• Assign eligible trade guarantee transactions for structuring the pool on the GTFP system platform daily
• Control the maturity of each transaction in the pool, and upon the expiration of each guarantee, replace the expired transaction with a newly booked transaction
• Track the amendment and cancelation of all trade guarantee transactions in the portfolio daily
• Prepare the portfolio compliance report for internal and external reporting every month
• Contribute to prepare the information memorandum for new mobilization partners
• Support all other tasks requested by the Operations Lead to support the Operations Team and other trade finance programs
Selection Criteria
• Minimum five years of experience in trade finance or treasury with a local/international commercial bank/other financial institution or international organization
• Knowledge of banking products and services, experience in international trade products
• Strong financial and credit skills along with analytical ability
• Advanced degree or equivalent professional qualification in Business Administration, Finance, Economics, or the related field is required
• Strong teamwork and organizational skills; and
• Strong interpersonal skills and ability to interact effectively with clients and colleagues from various cultural backgrounds
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.
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