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. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org
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.
IFC is currently looking for an Extended Term Consultant to support the business development and client relationship management activities of the Manufacturing, Agribusiness and Forestry cluster. Responsibilities will include conducting market analysis and mapping exercises to identify new target Western European sponsors/clients, desktop reviews of potential Western European clients/sponsors including detailed financial & credit analysis and background checks, support in preparation of pitchbooks and other marketing materials for client meetings and support in client relationship management. Upon successful origination with Western European sponsors, there will be scope to help structure and execute these transactions.
The position is based in Paris and will report to a senior member of the investment team.
DUTIES AND ACCOUNTABILITIES:
Responsibilities include, but are not limited to:
• Conduct industry and market research to assist in IFC’s business development efforts.
• Analyze historical and projected financial statements.
• Review company, economic, and financial information and prepare reports on periodic financial statements, project progress reports, and other information submitted by clients.
• Prepare documentation for IFC internal processes, including early screening, indicative terms and investment/credit committee memorandums.
• Prepare client pitchbooks and other marketing presentations.
• Participate in investment negotiations, particularly early structuring, with possibility to help structure and execute transactions upon successful origination.
• Identify data points needed to support the assessment of a given investment in all areas including but not limited to financial, market, development impact and ESG.
• Prepare presentations and other documentation as contributions to IFC’s internal reporting and maintain internal reporting materials.
Selection Criteria
• Bachelor’s or equivalent degree in Business, Finance, Economics, International Relations, Science, Engineering, or other relevant fields.
• At least 2 years of work experience in business and/or finance (e.g., business consulting, investment banking, or similar fields).
• Strong analytical and problem-solving skills and sound business judgment to identify issues and present creative and practical solutions.
• Strong credit analysis and ability to develop complex financial models.
• Basic understanding of key aspects for investment transactions: technical, industrial, financial, environmental & social, governance and development impact.
• Good understanding of financial aspects of investment transactions, including how to conduct market analysis and determine financial soundness of a company or project opportunity and ability to conduct market and industry research and analysis.
• Strong business development and client relationship skills, track record and ability to focus on client needs effectively.
• Ability to interact directly and support interactions with the senior management of potential clients.
• Ability to multi-task and deliver excellence under time pressure.
• Entrepreneurial spirit and ability to work without close supervision.
• Team spirit and eagerness to take on new challenges.
• Keen interest in development finance and multicultural environments.
• Excellent interpersonal, presentation and communication skills (both oral and written).
• English required, French desired, and other European languages are a plus.
World Bank Group Core Competencies
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.
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