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 in developing countries. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.

The Global Cities, Water, Waste and Circularity, in collaboration with the regional industry groups, is responsible for IFC’s municipal and environmental infrastructure business, including sub-national investments to governments and utilities, and commercial investments in private water and waste management companies. Among its main priorities, the team through the Circularity Plus platform is focused on supporting waste clients and cities with advisory and investment support to promote sustainable waste management practices. 

We are looking to recruit an Associate Investment Officer, to contribute to our priorities related to sector strategy and expertise, thought leadership and knowledge sharing, market creation and innovation, and to support regional teams in client relationship management, business development, and program delivery. While primarily supporting the Waste & Circularity team, the candidate will also contribute to similar efforts across the unit in water and municipal sectors. The position will be based in Washington DC.

Duties and Accountabilities:

• Work closely with the Waste & Circularity team and across the unit to support in the development and implementation of sector business strategy, client engagement plans, and business development
• Support the team and management in developing and maintaining a strong grasp of sector developments, including market & regulatory trends, innovations, technologies, industry players, and climate financings
• Contribute to execution of select investment transactions, including origination and processing
• Provide support to regional teams on pre-investment and mainstream transactions, including providing input on transactions as per Global’ s role in current ADM
• Support the delivery of Circularity Plus advisory program, including through project management, advisory offer preparation, internal strategy, and coordination to ensure successful platform execution, reporting, fund raising and conversion to investments.
• Selectively support the Global Cities and the Utilities for Climate (U4C) platforms, and other unit initiatives
• Overall, the candidate is expected to share time and effort across: (i) global knowledge for business; (ii) sector work (market intelligence, strategies, clients, business development, portfolio reviews, etc.); (iii) cross-cutting themes related to urban and environmental infrastructure; and (iv) transaction support and processing.

Selection Criteria

• Master’s degree in finance, economics, engineering, or similar relevant education
• 5+ years of relevant professional experience; preferably with a minimum of 3 years in waste management or other urban infrastructure
• Understanding of the relevant sectors and ability to link policy reforms, advisory interventions, investment, and private capital mobilization to deliver solutions
• Ability to support engagements with private sector clients, local and national governments, and other stakeholders to encourage business and market development
• Experience undertaking sector related market research and analysis, strategy development and presentations
• Track record of working on investment transactions and advisory engagements, especially in emerging markets
• Outstanding analytical and critical thinking skills; Excellent commercial sense and judgement
• Strong quantitative skills with experience in financial modeling and analysis
• Excellent written and oral communication skills in English; other languages a plus
• Collaborative work style & team spirit
• Strong project management capabilities and ability to collaborate with a diverse set of stakeholders, across departmental boundaries and time zones
• Be highly motivated and proactive, committed to highest ethical standards
• Interest in the World Bank Group and IFC’s mission, strategy, and values

Note: This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.

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.