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 Africa Infrastructure unit is an open and dynamic team which delivers financial and technical support to clients in the power, transport, telecoms, municipal & environmental infrastructure, and natural resources sectors, from IFC’s own balance sheet and through mobilization of other capital. The team 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 resources issues.
The team is seeking an Investment Officer. The selected candidate will be based in Washington, D.C. and will work across the business cycle (business development, new investments and portfolio), with a focus on Africa.
Roles & Responsibilities:
Specific responsibilities include, but are not limited to:
• Develop a thorough understanding of the infrastructure sector in Africa and strong relationships with key local counterparts in the private and public sector as well as development partners
• Help develop a strong pipeline of good quality investment opportunities through anticipating market trends and employing sector/country knowledge
• Assess the attractiveness of specific investment opportunities with a strong focus on credit quality, viability and development impact and contribute to recommendations to IFC’s management
• Evaluate, structure, negotiate, and close new transactions as part of deal teams
• Participate in negotiations as appropriate, use financial competences and personal influencing skills to overcome impasses
• Work closely with IFC’s specialists to manage environmental, social, technical, legal, insurance, corporate governance, and other risks in projects and champion IFC’s sustainability offerings to clients
• Engage with clients to understand their business directions and challenges that may lead to new opportunities, and support the design of client engagement plans, as applicable
Selection Criteria
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.