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 Equity Team (CMGEQ) supports both the Global Manufacturing, Agribusiness and Services (MAS) and Health and Education (H&E) Departments and operates in close collaboration with regional industry teams and regional departments to (i) formulate IFC’s strategies for investing equity and mezzanine financing across the MAS and H&E sectors, (ii) engage in business development, (iii) execute transactions, and (iv) manage assets from origination until exit, and (v) lead knowledge management on equity and mezzanine investing.

IFC is seeking a Senior Investment Officer for CMGEQ based in Washington, DC.  The selected candidate will provide leadership and expertise to IFC’s equity & mezzanine business in one or two regions.  This role requires strong and demonstrated technical skills in structuring, negotiating, and executing equity & mezzanine transactions, asset management, leadership, and interpersonal skills.  The Senior Investment Officer will report to the Global Equity Head – MAS and H&E and will also have a significant role in setting equity strategies, day-to-day business operations, business growth, and portfolio management.

Duties and Accountabilities 

The role and responsibilities of the Senior Investment Officer will include, but will not be limited to:

New Business
•  Responsible for coordinating and providing substantive input to the development of equity strategies and investment themes to target and grow IFC’s equity & mezzanine business based on its current equity portfolio, trends in countries and sectors, and IFC strategies (corporate, industry, and country), under the overall direction of the Global Equity Head;
•  Participate in and lead equity & mezzanine business development activities in the region in line with investment themes;
•  Lead and/or provide expertise and guidance to teams executing equity and mezzanine investments;
•  Reinforce quality standards and set profitability targets for transactions and overall portfolio

Asset Management
•  Take leadership and responsibility for high-value/complex equity investments, in particular exit strategy formulation in the region, working closely with deal teams and the regional MAS leadership;
•  Ensure IFC delivers value creation at investee companies;
•  Provide expertise and guidance to teams managing smaller equity investments in the regional equity portfolio;
•  Support deal teams and MAS management to devise and execute equity sales, ensuring consistency with portfolio strategy;
•  Work with deal teams and MAS management to identify, appoint and support IFC’s nominee directors to the boards of IFC investee companies.

Leadership and Knowledge Sharing
•  Engage in mentoring and coaching of junior staff, provide on-the-job learning opportunities, and ensure efficient and effective use of resources;
•  Ensure quality control of work products;
•  Support a comprehensive program for increasing the knowledge and learning of equity & mezzanine investments execution and asset management
•  Disseminate CMGEQ’s equity culture and lessons learned 

Selection Criteria

•  Commitment to the World Bank Group and IFC’s mission, strategy, and values;
•  A Master’s degree or equivalent professional qualification in finance or business and 10+ years of relevant work experience;
•  Significant experience in sourcing, negotiating and executing equity & mezzanine transactions; Deal experience in the region a plus;
•  Strong network of contacts among companies in MAS and H&E sectors, private equity, and institutional investors;
•  Excellent interpersonal skills and openness to feedback;
•  Ability to develop innovative solutions and challenge the status quo to build the business;
•  Recognized as a team player, strategic thinker, and thought leader;
•  Strong written and verbal communications skills; Fluency in English essential; Fluency in French, Spanish, Portuguese, or Arabic is a plus;
•  Ability to collaborate closely with the World Bank and other development finance institutions, commercial financial institutions, and institutional investors;
•  Ability to develop and manage relationships with C-Suite, board, and shareholders of investee companies, and ability to represent IFC externally with government, media, and other stakeholders;
•  Ability to deliver high-quality work within deadlines and to meet team objectives;
•  Sound business judgment, demonstrated ability to deliver results under stressful timelines and environment;
•  Strong “deal sense” based on a demonstrated track record in executing, managing, and exiting equity & mezzanine investments;
•  Willingness and ability to travel and work across time zones 

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.