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 t www.ifc.org.
IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity. This strategy calls for generating unique opportunities by proactively working “Upstream” (alternatively, “pre-investment”) to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. This strategy also calls for working with Governments and World Bank colleagues to first seek private sector solutions to address development challenges – where such solutions are advisable and can be effective – and reserve public financing for projects only when other options are suboptimal. This approach is called the “Cascade”.
IFC’s Infrastructure Department is looking to hire an Investment Analyst to join IFC’s infrastructure pre-Investment team covering primarily the MCT Region (Middle East, Central Asia, Turkey, Afghanistan, and Pakistan). The selected candidate will be based in Amman, Jordan, and will support IFC’s business needs in the infrastructure space throughout the region. Investment Analyst will work closely with senior members of the Team, and support them in identification (business development, design), execution (structuring, negotiations, internal processing), and subsequent supervision of pre-investment projects, primarily, with opportunities in getting exposure to the same in investment projects, depending on the business needs.
Duties and Accountabilities:
• Support business development efforts through identification (industry and market research) and assessment of pre-investment opportunities based on country and sector strategies and market creation potential.
• In alignment with the integrated pre-investment (Upstream), investment, and portfolio team culture of the MCT Infrastructure Team, play a fungible role by supporting experienced team members in the execution and monitoring of the new business and portfolio transaction as per the business needs.
• Create and analyze financial models, based on historical and projected financial statements. Review company information and prepare reports on periodic financial statements, project progress reports, and other information submitted by clients;
• Take an active role in preparation of internal and external (pitchbooks/client proposals) documentation;
• Contribute to sector-specific data analysis and stress-testing of various operating models to help generate ideas for new projects, new products, and platform businesses.
• Participate in client meetings and support senior team members in negotiations, prepare notes summarizing discussions and next steps; and
• Participate in the active monitoring of pre-investment and investments projects. Prepare necessary pre-investment portfolio supervision documents (PSRs), and report development results internally and externally, on a timely and expeditious basis and using best practice standards.
Selection Criteria
• A bachelor’s degree in Economics, Business Administration, Finance, International Relations, Science, Engineering, or other relevant field, in each case with a significant level of finance content (CFA program is a plus).
• At least 2 years of relevant professional experience in investment/corporate banking, project finance, project and/or program development, hands-on advisory and/or consulting functions in emerging markets (exposure to MCT countries is a plus), ideally in the infrastructure space
• Demonstrated quantitative (financial analysis and modelling) and qualitative (teamwork, initiative-taker) skills, and developed a good understanding of financial markets; and key concepts of corporate and project finance;
• Capacity to manage and complete multiple projects/tasks simultaneously and meet deadlines under pressure;
• Strong analytical and problem-solving skills as well as sound business judgment to identify issues and present creative and practical solutions;
• Ability to actively listen clients/stakeholders to identify their needs;
• Ability to conduct market and industry research and analysis including market conditions and gaps;
• Strong inter-personal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds;
• Genuine commitment to development and to the World Bank Group and IFC’s mission, strategy and values;
• Willingness and ability to travel on short notice as required;
• Excellent verbal and written communication skills in English is required; fluency in Arabic or other MCT languages is a plus.
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.
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