Business related jobs, Finance jobs, Economics jobs,
Duties and Accountabilities:
• Prepare routine portfolio monitoring reports and generate needed data from multiple sources.
• Gather and summarize benchmarking information that will be used to capture lessons learned.
• Assist in preparing analytical sections of country and sector strategies and client pitchbook.
• Prepare sector mapping to target potential clients and business opportunities.
• Contribute to the development of high-quality specific Upstream initiatives and interventions through research, analytical, and operational work.
• Identify data collection needs to support the assessment of financial, operational, development impact, and market information as well as relevant ES&G matters. Coordinate with the client to obtain needed information.
• Analyze financial statements and projections, build financial models, and run sensitivities, with accountability for factual accuracy.
• Gather and summarize project, sector, and country benchmarking information to be used to capture lessons learned, with accountability for factual accuracy.
• Identify key stakeholders (government, development partners, WBG) as input to business development and client engagement planning.
• Perform credit and integrity risk rating assessments, covenant compliance reviews (debt), and valuations (equity), and monitor changes to risk flags for determining performance assigned to a portfolio, with supervision.
• Gather and analyze data to support assessment of project development impact.
• Prepare industry and market research as input to Country Private Sector Diagnostics.
• Bachelor’s or MBA/Masters/CFA in a related field and at least of 2-3 years of relevant experience. Related fields of education include 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 conduct market and industry research and analysis.
• Ability to analyze and synthesize debt pricing benchmarks and equity trading comparable.
• Demonstrated skill in financial statement analysis, accounting, finance, financial modeling, DCF, and comparable company analysis to support informed decision making.
• Ability to demonstrate attention to detail, thoughtful scenario analysis, and diligence in the quality of one’s own work.
• Fully understands the financial aspects of investment or advisory transactions, including how to conduct market analysis and determine financial soundness of company or project opportunity.
• Ability to develop complex financial models
• Keen interest in development finance and multicultural environments
• Ability to communicate clearly and concisely both orally and in writing
• Fluency in English required and proficiency in language(s) of the region preferred
Duties will include but will not be limited to the following:
The Investment Officer is expected to:
• Strengthen business relationships with existing and new Government clients in collaboration with IFC Country Officers.
• Identify and develop/maintain a business relationship with strategic decision makers and promoters of private sector participation within Governments; Identify strategic priority sectors/counterparts/regions and participate in developing high-level strategic roadmap for CTAPA intervention.
• Identify a pipeline of potential CTAPA mandates through proactive origination/business development activities such as knowledge dissemination events, project pipeline diagnostic and scoping, etc.…;
• Identify and develop partnerships within the WBG and with other Development Institutions to promote private sector participation in infrastructure
• Conduct and supervise the realization of all internal and external mandate origination activities in accordance with IFC’s policies
The Investment Officer is expected to lead teams in the execution of CTAPA mandates, including to:
• Mobilize and manage the project team, hire and manage specialized consultants for technical, legal, E&S, insurance, tax and other transaction matters as needed.
• With support from specialized consultants manage comprehensive technical, E&S, legal and financial project due diligence.
• Carry out and/or supervise preparation of financial models and financial analysis of projects.
• Prepare and carry out market sounding exercise, consisting of inter alia having early-stage discussions on project bankability with potential investors.
• Based on results of the comprehensive due diligence prepare and present transaction structuring recommendations for clients, including recommendations on allocation of risks between private and public sector.
Manage the execution of competitive, transparent tender processes to include:
• Lead the team in preparation of transaction documents, including pre-qualification, project agreements and requests for proposals.
• Market the project to potential investors, including preparation of teasers, information memorandums, etc.
• Lead discussions with potential investors.
• Be responsible for daily communication with client and stakeholders – facilitate meetings, act as the first point of call/interface with the client, follow up on requests to and from the client.
• Participate in and/or lead meetings with government clients and investors.
• Assist the client until commercial close of the transaction; and in some cases, lead the IFC project team to assist the client with the early stages of implementation of the project.
The Investment Officer is expected to,
• In collaboration with the IFC Country Officers, assist in the formulation, monitoring and updating of IFC’s strategies relevant to CTAPA, working with IFC’s regional industry and regional departments and in close coordination with the infrastructure groups at the World Bank.
• Cooperate actively with other departments of the World Bank Group involved in the public sector dialogue regarding private sector participation in infrastructure, including, but not limited to, World Bank GPs and CMUs, MIGA, IFC’s relevant upstream and investment departments.
• Contribute to the development and execution of the CTA’s knowledge management efforts.
• Actively supervise and mentor junior staff, including colleagues new to the sector or to IFC.
Extensive travel in the Africa region is to be expected.
The selected candidate should ideally possess:
• Minimum 8 years of relevant experience in areas of transaction advisory, investment operations, investment banking, M&A, project finance, all with focus on the infrastructure sector.
• MBA or equivalent degree in business, finance or economics ,etc.
• Experience in public sector reforms leading to private sector participation in the delivery of public services.
• Experience in implementing infrastructure projects, with private sector participation (PPPs, concessions, privatizations…), either on the sell side or buy side.
• Experience with emerging markets (experience in the Africa region will be considered a plus).
• Knowledge of project developers, investors, and technical and legal consultants in the infrastructure space.
• Strong analytical and structuring, financial modelling and project finance skills.
• Ability to operate in culturally diverse and geographically dispersed teams.
• Ability to work under pressure and deliver high quality work within tight deadlines.
• Ability to interact directly and independently with relevant stakeholders, including consultants, investors, and government officials.
• Prior experience dealing with public sector institutions (ministries and other government agencies, state owned companies, etc.) in emerging markets.
• Willingness and ability to travel on short notice and frequently, as required.
• Excellent communication skills in English; Arabic or French an added advantage.