Description
Established in 1944, the World Bank Group (WBG) is one of the world’s largest sources of funding and knowledge for development solutions. The WBG consists of five specialized institutions: The International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID).
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.
IFC has embarked on an ambitious new growth strategy, the outcome of which will be to double our volume of business by 2030 and triple the work we do in Low Income Countries (LICs) and Fragile and Conflict affected States (FCS). To do so, IFC will need to deploy its full range of financing, mobilization, advisory, convening and thought leadership skills. This also calls for the need to generate our own opportunities by proactively working “Upstream” to create, deepen, and expand markets and opportunities for the private sector and to imagine, design and implement investment projects. This strategy also relies on a closer WBG collaboration through the “Cascade” approach: working with clients, we will 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.
IFC’s PPP & Corporate Finance Advisory Department (CTA) is composed of two divisions: (i) the Public Private Partnership (PPP) Division; and (ii) the Corporate Finance Services (CFS) Division.
The PPP Division advises governments in designing and bringing to market commercially robust PPP projects that provide high quality, affordable and efficient infrastructure and social services to the public. IFC’s PPP Division also draws on the World Bank’s expertise in institutional reforms, sector structuring, legal and regulatory frameworks, tariff structures and regulation, and international best practice to strengthen and complement IFC’s transaction-oriented approach.
The CFS Division seeks to provide three categories of services: (A) transaction advisory services to private sector clients, focusing on Mergers and Acquisition (M&A) Advisory solutions and Corporate Restructuring Advisory solutions; (B) the Equity Mobilization Program (EMP), supporting IFC’s investment teams to identify equity investors for IFC’s investment projects; and (C) Strategic Pre-IPO Advisory to clients seeking to undertake a listing on international stock markets.
Through its M&A advisory, CFS helps clients to attract new partners and investors, and acquire new businesses or spin off businesses. Under its Corporate Restructuring Advisory services, CFS supports clients in the design and implementation of innovative corporate strategies that improve profitability and maximize value.
The EMP services are deployed when Investment Services (IS) teams are considering an IFC equity investment, and the transaction requires additional third-party equity to complete the equity structure. In such cases, CFS works together with the IS teams to identify and bring in such equity investors (typically in a minority position) to finalize the transaction. CFS focuses on cross-border transactions, mobilizing third party capital and bringing new and existing clients into new markets. With this work, CFS contributes to de-risking IFC investments, building new client relationships and generating a systematic deal flow.
Under its Strategic Pre-IPO Business Advisory offering, CFS seeks to offer pre-IPO advisory support by helping clients to prepare and position for a successful process of listing on international stock markets. This involves advising on the listing process, appropriateness, timing, regulations, and relevant key issues; reviewing and advising on current corporate structure, balance sheet structure, valuation, and business planning; preparing detailed timetables for listing, broker selection, and prospectus review; preparing management and the board for listing; and Corporate Governance Group advisory services.
IFC is seeking an Investment Analyst/GE with experience to help execute our new CFS business strategy in the Asia regions and the Middle East, Central Asia and Turkey (MCT) regions. The position will be based in Singapore and will report to the Global Manager, CFS.
Duties and Accountabilities:
• Supporting the execution of buy-side and sell-side advisory; restructuring advisory; EMP services and IPO mandates across the EAP and SA regions.
• Creating financial models.
• Conducting valuation, financial, business, and market analysis.
• Analyzing historical and projected financial statements.
• Preparing pitchbooks for internal and external dissemination.
• Compiling prospective investor and acquirer lists.
• Supporting department wide initiatives.
• Supporting senior officers and management as required.
• Monitoring and updating pipeline of current and upcoming projects and update to management as needed.
Selection Criteria
In addition to meeting WBG managerial competencies, the successful candidate must possess:
• Bachelor’s degree in finance, Accounting, Business, Economics, and at least 1-2years investment banking experience.
• Strong financial modeling skills and understanding of corporate finance.
• Strong PowerPoint skills and market research skills.
• Strong attention to detail.
• Excellent team player.
• Excellent ability to synthesize complex technical information and to create clear, logical, compelling stories.
• Strong interpersonal skills and ability to work effectively in a multicultural environment.
• Spoken and written fluency required in English, proficiency in Portuguese or French is an advantage.
• Interest and knowledge of private sector participation/development issues.
• Ability to prioritize and deliver according to deadlines.
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.