IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit http://www.ifc.org
IFC is looking to recruit an Investment Officer for its Europe, Middle East and North Africa (EMENA) Infrastructure group. This group is responsible for sourcing and executing investment transactions in the power, utilities, logistics and transportation sectors in the EMENA region. IFC’s Investment Officers are responsible for the design, negotiation, structuring and subsequent supervision of the Corporation’s investment projects. This position is expected to cover all sectors of the group, and is based in Karachi, Pakistan. The Investment Officer’s responsibilities will also include origination and support of new transactions, as well as supervision of an assigned portfolio of projects in the MENA region
Note: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3 year term appointment.Background / General description
•Developing a thorough understanding of power, water, transportation and logistics sectors and in-depth relationships with key regional and local sector players;
•Developing investment marketing strategies within the region, including targeting potential clients/investors and promoting IFC’s products and services;
•Evaluating the attractiveness of specific transactions and making recommendation for IFC’s investments;
•Participating on teams in executing IFC’s investments with a strong focus on credit and asset quality. This would include processing mandates, conducting due diligence, coordinating with IFC specialists and lenders’ external advisors, structuring deals and negotiating term sheets and other documentation, syndications and internal approvals;
•Managing IFC’s relationship with various stakeholders, and assigned portfolio companies;
•Monitoring and ensuring the companies’ compliance with the terms of investment agreements, and preparing timely internal supervision reports;
•Identifying early warning signals in assigned projects and, where necessary, formulating/implementing strategies for work-outs, restructurings or rescheduling;
•Tracking and taking the lead in managing sensitive environmental and social issues that may arise in assigned projects, and championing IFC’s technical assistance and sustainability offerings to clients;
•Tracking and recording the development impacts of assigned projects; and
•Developing and implementing equity sales strategies for assigned projects.DRDuties and Accountabilities
•Minimum six to eight years relevant work experience; preferably including work experience in a financial institution and at least two years of post-MBA work experience.
•Demonstrated experience in and knowledge of one or more of the following sectors: power, transport, logistics and water.
•Demonstrated teamwork skills and ability to work with large multicultural teams spread across geographies.
•English and Urdu language skills essential.
•Good business development and client relationship skills.
•Strong analytical and financial structuring skills, and sound business judgment.
•Excellent verbal and written communication skills, ability to communicate ideas clearly and confidently.SCSelection Criteria