Investment Officer
Hanoi, Vietnam
JOB DETAIL
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, we invested $32.8 billion in 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 Department, Upstream and Advisory Unit is recruiting an Investment Officer to expand IFC’s infrastructure investments in Asia. The position will be based in Vietnam.
IFC embarked on an ambitious growth strategy (IFC 3.0) to stimulate more investment activity, especially in Low Income Countries (LICs) and Fragile and Conflict affected Situations (FCS). This strategy calls for generating our own opportunities by proactively working “Upstream” 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. It also requires capacity to leverage WBG programs and projects to develop our own proactive sector interventions and to imagine and design projects even in the absence of reforms.
Infrastructure is one of IFC’s strategic priorities. IFC’s focus in the sector is on: (i) increasing access to basic infrastructure services; (ii) supporting local companies, while improving transparency and corporate governance; (iii) exploring new equity investment opportunities and catalyzing foreign direct investments, including co-investments and mobilizing syndicated and parallel loans; (iv) introducing and developing new financial products including through Public Private Partnerships; and (v) building long-term partnerships with strong regional players.
The selected candidate will be expected to play multiple roles including: supporting and working closely with team leads to develop IFC’s infrastructure business in Asia (including but not limited to Vietnam) and to manage relationships with private sector clients, public sector and development partner counterparts; structuring, negotiating, and executing pre-investment engagements for infrastructure projects and platforms that IFC could then invest in.
Roles and Responsibilities
• Support the identification and assessment of Upstream opportunities in Asia Pacific, including analysis of sectors, market creation potential, and regulatory reforms.
• Help spot technologies and business model trends relevant to emerging markets.
• Support and/or lead the design, development, and implementation of high-quality Upstream initiatives and interventions.
• Provide quality control research and analysis for market and opportunity creation, including market mapping, comparator analysis, barrier analysis, and sector and company financial projections and models, including analysis of potential clients.
• 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.
• Contribute to development of feasibility studies and implementation plans with private clients for Upstream projects.
• Assist in designing and implementing scalable solutions and platforms.
• Work with the WBG to analyze sector and regulatory reforms that are needed to unlock opportunities for private investment and coordinate and convene functions and teams needed to successfully unlock investment opportunities and market creation, including policy work and other interventions across the WBG.
• Coordinate efforts and develop initiatives to disseminate and exchange knowledge with internal and external parties, and review lessons learned to help improve current projects or processes.
• Coordinate with internal legal teams and produce first drafts of legal agreements using available templates.
• Draft the TORs for consultants, create and facilitate the selection process in the relevant systems and coordinate with procurement teams on issuing and managing consultant contracts.
• Build and maintain relationships with stakeholders, including government bodies and potential clients, to enable IFC activities.
Selection Criteria
• Master’s degree in a related field and at least 6-8 years of relevant experience. Related fields of education include law, business, finance, or economics or an area of expertise specific to a sector, subject matter, or industry specialty. Relevant experience could include a proven track record in business consulting or investment banking, or operational experience in the sector or technical or professional field.
• Ability to apply an understanding of Upstream engagements, investment, and advisory transactions to assess business opportunities and possible solutions to create markets.
• Capacity to identify barriers for market creation in a targeted country by tapping into relevant internal and external expertise and synthesizing information on local regulatory and economic contexts, industry and sector structure and landscape, and constraints clients are facing to grow their business.
• Ability to identify and contribute to design novel and/or scalable approaches, such as leveraging of a WB instrument or de-risking tools.
• Demonstrates active listening skills by paying full attention and asking questions to clarify client and stakeholder needs and gather required information.
• Ability to interact effectively with clients and stakeholders by acting professionally, responding to their requests and inquiries, delivering what is promised, and meeting deadlines.
• Capacity to build productive and mutually beneficial relationships and networks internally and externally to identify business opportunities, discuss structuring alternatives, and resolve issues.
• Excellent written, verbal communication, and presentation skills to effectively influence the perception and support of clients/stakeholders.
• Ability to draft documents and reports that are concise, well-organized, and appropriately focused on most critical points that are relevant to the target audience.
• Ability to tailor explanations of IFC’s value proposition to specific clients and share relevant information on industry practices.
• Proven analytical, financial analysis, equity valuation, and financial modeling skills to analyze and form conclusions on company financial information or projects and industry indicators. Able to oversee and provide quality control feedback on financial models prepared by analysts.
• Capacity to consider transactional aspects of the opportunities being created through Upstream initiatives.
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.
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