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.

IFC’s Tourism, Retail and Property (TRP) team sits within the Health Education and Services Department. The TRP sector’s business has been growing significantly. IFC has played a key role in supporting these sectors in developing countries and particularly during the recent COVID-19 pandemic. The team works with a wide range of investment products, from project and corporate finance on the debt side, to equity and quasi-equity in private and listed companies. In addition, the team also supports development and deployment of relevant advisory and upstream tools to strengthen private sector’s capability and development impact and catalyze further investment in sectors in the emerging markets. 

To support the growth of this business, IFC is seeking a dynamic and driven Industry Analyst covering Tourism, Retail, and Property, with a focus on Property (which includes both commercial real estate and housing). The selected candidate will be based in Washington, D.C. and will work under the supervision of the Global Sector Manager. The position has a global focus and travel may be required depending on business needs. The Industry Analyst will have a two-year term contract extendable to a maximum of five years.

Duties & Accountabilities

The role and responsibilities of the position will include but not be limited to the following:

Due Diligence and Project Processing:
•  Work alongside Industry Specialists throughout the project lifecycle, including project screening, due diligence, project appraisal, and approvals
•  Support assessment of the technical and commercial feasibility of potential projects and companies that are seeking an investment from IFC, including analysis of the financial business model, market, management, and operations
•  Conduct market research, data analysis, and benchmarking; Findings to be clearly communicated in narrative and presentation formats
•  Prepare investment-related documents for internal and external audiences
•  Form relationships with counterparts and participate in client engagement to exchange information needed for transaction or portfolio processing
•  Contribute assumptions to financial projections of investment cases developed by Investment Officers based on findings and sector knowledge

Strategy Development and Knowledge Creation:
•  Support the development and implementation of the sector strategies in close coordination with the Global Sector Leads to build a profitable, sustainable, consistent, high-quality growth portfolio in the sectors. Update as needed and operationalize the Tourism, Retail, and Property Playbook
•  Develop sector knowledge deliverables such as sector guidance notes on relevant topics, lessons learnt from investment opportunities and KPI reports.  Produce presentations to disseminate this knowledge to various stakeholders, including at regular team briefing and pipeline calls with regions
•  Lead and project manage key initiatives that may be identified from time to time in the subsectors or across the TRP space
•  Stay current on and share as relevant with the team industry news and trends
•  Assist with brand building activities (e.g., conferences, thought leadership) and support efforts to build relationships stakeholders, including leading industry brands and associations
•  Develop impactful business development material.
•  Support portfolio monitoring and extract best practices and lessons learned to inform future projects
•  Participate in development of advisory and value-added sector products relevant
•  Oversee work of consultants and interns as needed
•  Facilitate knowledge flow across IFC and promote adoption of new approaches and best practices for TRP, including activities covering mainstream investment, upstream and advisory services

Selection Criteria

•  Undergraduate degree qualifications relevant to real estate and/or international development, preferably with 2+ years of relevant sector experience
•  Demonstrated analytical skills and ability to synthesize and succinctly communicate complex information. Attention to detail
•  Data analysis and synthesis skills; particularly through internet search and scrutinizing market reports. Comfortable navigating databases
•  Understands the financial aspects of investment transactions and has ability to determine financial soundness of company or project opportunity
•  Strong oral and written communication skills; fluency in English required; proficiency in additional languages is a plus
•  Excellent Excel and PowerPoint skills. Able to utilize graphics and tables to effectively and creatively present information
•  Team player with strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds
•  Ability to prioritize effectively and take the initiative to drive projects forward
•  Emerging market exposure preferred
•  Genuine commitment to development and to the World Bank Group and IFC’s mission, strategy, and values
•  Excellent people skills, openness to feedback, new ideas, and ability to lead by example
•  Sensitivity for working in multicultural environment, commitment to diversity and inclusion, and ability to build effective working relationships with colleagues, clients, and partners across regions
•  Ability to travel on short notice 

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.