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 2022, IFC committed a record $32.8 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.
The Infrastructure and Natural Resources (INR) Industry is one of IFC’s key strategic priorities. The team delivers financial and technical support to clients in the power, transport, telecoms, municipal & environmental infrastructure, oil and gas, and mining sectors, from IFC’s own Balance Sheet and through mobilization of other capital. The Department also seeks to maintain IFC, as part of the World Bank Group, at the cutting-edge of helping member countries find solutions to new and emerging infrastructure and natural resource issues. IFC is seeking to recruit an Investment Analyst to work closely with other investment staff to support the development, execution and monitoring of investments for its INR Industry Group in the Africa region. This group is responsible for sourcing and executing investment transactions in power, transport, and utilities. Products range from debt (corporate or project finance) to mezzanine and equity.
The Africa Infrastructure team is seeking an Investment Analyst to join our team in Lagos, Nigeria. The candidate is expected to perform the functions of an Investment Analyst.
IFC recruits investment analysts globally on two-year term contracts extendable to a maximum of four years. Upon completion of their contracts, investment analysts typically leave to pursue a graduate degree or additional work experience.
Duties & Accountabilities:
• Create and analyze financial models, review and analyze historical and projected financial statements including DCFs and market comparisons;
• Participate and support in the structuring of new transactions by understanding its financial aspects, including conduct of market analysis and determining financial soundness of company or project opportunities;
• Conduct industry, integrity (KYC), and market research (including pricing benchmarks) and assist in IFC’s business development efforts;
• Elaborate pitchbooks and proposals for clients including the use of graphics and tables to effectively and creatively present data;
• Review company information and prepare reports on periodic financial statements, project progress reports, and other information submitted by clients;
• Prepare documentation for IFC internal processes;
• Participate and provide analytical support in investments negotiations;
• Participate in the active monitoring of investments in portfolio companies, including monitoring of compliance with IFC financial, environmental, insurance, and legal requirements;
• Identify data collection needs to support the assessment of financial, operational, development impact, and market information as well as relevant ES&G matters. Coordinate with the client to obtain needed information;
• Demonstrates active listening skills by being attentive and listening to others in order to identify client and stakeholder needs; and
• Extract lessons of IFC’s earlier investments or advisory mandates and other evaluative work as relevant to provide input to the structuring of straightforward transactions.
Selection Criteria
• Bachelor’s or equivalent degree (preferably with a concentration in Finance, Business, or Economics);
• A minimum of 3 years work experience in a financial institution, investment banking, private equity fund, consulting firm, or other relevant sector experience with a proven track record doing financial analysis;
• Experience in infrastructure-related projects (i.e. transport, power, telecom, water and sanitation) and/or project finance will be a plus;
• Demonstrated quantitative, financial analysis and modeling skills;
• Keen interest in development finance and multicultural environments;
• Highly motivated, committed to highest ethical standard, ability to work successfully in multicultural teams and across boundaries;
• Strong knowledge of financial markets;
• Strong analytical and problem-solving skills including ability to identify issues and present creative and practical solutions;
• Ability to communicate clearly and concisely both orally and in writing;
• Fluency in English required, proficiency in additional languages is preferred.
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.