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 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 http://www.ifc.org.
IFC’s Infrastructure Department for
Latin America and the Caribbean (LAC) is recruiting an Associate Investment
Officer to work in helping identify business opportunities; support the
structuring and execution of infrastructure investment transactions (project
finance, corporate finance, equity and hybrid instruments); and actively manage
portfolio investments in core infrastructure sectors (water, energy, transport,
waste, municipal infrastructure and telecom). The new hire should be
available to engage in infrastructure projects throughout the Southern Cone LAC
region (including Argentina, Chile, Paraguay and Uruguay) but with a focus on Chile. The
overall goal of the job holder is to perform the regular activities of an
Associate at a Project Finance/Infrastructure department. The candidate is
required to know and effectively use financial modeling, thus familiarity with
Excel is a strict requirement, as well as with Spanish and English.
Willingness to travel is required. The
appointee will be stationed in Santiago, Chile reporting to IFC’s
Regional Lead for the Infrastructure team and to the LAC Infrastructure Regional
Manager.
ROLES AND RESPONSIBILITIES:
• Support transaction teams during investment due diligence and execution. Prepare
investment committee materials, evaluate, structure, negotiate, and close new
transactions.
• Draft and
present memos of relevant early-stage investment opportunities for discussion
with management.
• Actively
manage and/or support portfolio investments, including credit risk assessment,
financial analysis, processing waivers, disbursements, etc.
• Assist in
mapping and screening business opportunities in infrastructure sectors;
undertaking market research and performing corresponding integrity checks.
• Build complex financial models from scratch,
perform financial analysis, and/or provide quality control over financial
analysis and projections developed by an analyst to evaluate the benefits and
risks of investments.
• Produce
country and sector analysis, marketing materials, and pitch books.
• Support the
development of a strong pipeline of investment opportunities by anticipating
market trends and employing sector/country knowledge.
• Coordinate
closely with social, environmental, legal, and technical specialists to add
value to our clients’ businesses, find pragmatic solutions to specific sector
challenges, and achieve sustainable development impact.
• Support teams
managing relationships with clients, global and regional private businesses,
banking and multilateral partners, and government officials to further develop
the sector and to develop specific investment opportunities.
Selection Criteria
The
following are requirements (candidates will not be considered if they do not
meet any of those):
• A master’s degree in a related field of
education, including business, finance, or economics, or an area of expertise
specific to a sector or industry specialty.
• Ability to
conduct business in English and Spanish, both verbally and in writing.
• 4–8 years of
relevant experience. Relevant experience could include project finance, private
equity, or investment and commercial banking.
• Strong
knowledge of Excel and financial modeling, and ability to analyze and form
conclusions on company financial information.
The following are highly
desirable:
• Experience in
infrastructure transactions in Latin America and the Caribbean, particularly in
Chile and the Southern Cone.
• Genuine interest in, and knowledge of
relevant infrastructure and regional sector trends.
• Strong interpersonal skills and ability to
interact effectively and independently with clients and colleagues from various
cultural backgrounds.
• Highly motivated, and committed to the highest
ethical standards.
• Genuine commitment to sustainable
development.
• Interest in
working in a multicultural work environment.
•
Proactivity to lead and take accountability for specific workstreams in the
transaction processing.
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.