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 2020, we invested $22 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. For more information, visit http://www.ifc.org
The Financial Institutions Group (FIG) is one of the major industry groups at IFC, responsible for managing roughly 40% of IFC’s overall business in terms of volume and capital at risk. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Trade, Housing, Distressed Assets, and other areas, with both investment and advisory services delivered to IFC’s clients through IFC’s global network.
IFC’s priorities in FIG as an industry group are: (i) grow investment and advisory solutions in all regions it operates in, while achieving strong profitability and development impact (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through upstream and downstream interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.
The Global Trade and Supply Chain Division (CTG) of IFC’s Financial Institution Group manages all of IFC’s trade finance related products and programs and develops new products for the benefit of all IFC clients.
CTG has been implementing a number of trade finance and working capital solutions including structured trade and commodity finance, as part of IFC’s multi-faceted response to financial crises with an initial focus on supporting critical commodities, such as soft and energy commodities, providing financing along the value chains to traders, producers, processors and buyers. The structured trade and commodity finance program is expected to grow with an estimated annual volume of approximately $500-750 million over the next 3 years.
CTG is now looking for an investment officer to help grow and develop its structured trade & commodity finance program and significantly enhance its business opportunities.
The Investment Officer will be responsible for developing and executing a wide variety of structured trade facilities such as portfolio facilities, working capital loans and commodity trade finance facilities, including transactional finance, borrowing base, pre-export finance, and pre-payment facilities (among others). As IFC’s Trade and Commodities team works collaboratively with groups from across the organization, including manufacturing and infrastructure teams, the Investment Officer will be responsible for leading and coordinating the activities of multidisciplinary teams across regions through all stages of the business.
Role & Responsibilities:
• Business Development: Together with Industry Investment Officers, Trade Finance Officers, and Regional staff, source and assess opportunities, identify bankable projects in target regions, particularly IDA countries, grow and develop new business transactions. Develop and guide teams in the preparation of pitchbooks and client proposals in support of new business.
• Structuring and Negotiation: Structure complex facilities according to in-depth knowledge, understanding, and assessment of sectors, clients, commodities securities and country risks. Negotiate terms with clients, internal and external stakeholders, and partners, including senior management of IFC and clients (CEO, CFO). Prepare client/partner presentations and support their decision making at key transaction stages.
• Deal Execution: Lead transaction team from initiation, due diligence, internal approvals, and processing of transactional and structured trade facilities, actively handling key work and directing and coordinating work of other team members from across multiple departments. Take responsibility and accountability for transaction related decisions and relationships.
• Transaction Management: Deliver all transactions and accountabilities of the role efficiently, on a timely and expeditious basis and using best practice standards. Ensure that defined transactional requirements recorded in documentation are executed accordingly. Monitor the portfolio and report development results internally and externally, taking the lead to enhance existing middle office functionality.
• Knowledge Sharing: Take the lead in knowledge sharing in the field of trade and commodity finance across IFC to promote commodity finance products as well as maintain relevant product standards. Initiate collaboration and share expertise as a subject matter expert, providing advice, peer review and contribution to knowledge products across WBG to strengthen internal and/or external client solutions.
• Master’s degree in finance, economics or other related areas; accreditation as a CFA or CPA is considered a plus.
• Minimum 8-10 years of experience in finance, structured finance, and expertise in banking, financial institutions and finance related disciplines.
• Excellent oral and written skills in English are required; additional major language such as French and Spanish, are desirable.
• Strong analytical skills to review and analyze complex financial information. Knowledge and experience in global financial markets including expertise in emerging markets.
• Advanced financial, credit and risk evaluation skills, with demonstrated ability to structure and negotiate a variety of complex financial instruments (debt and equity).
• Demonstrated strong written, presentation, and communications skills and ability to synthesize and present information effectively and tailored to different audiences.
• Excellent organizational skills and capacity to follow up systematically and efficiently on a broad set of initiatives and decisions to deliver high quality work on schedule. Ability to anticipate, coordinate and prioritize high work volumes in an action-oriented manner.
• Broad network of contacts (corporates and banks) and experience in identifying, originating and qualifying new business opportunities developing and executing results-driven client engagements.
• Leadership experience in managing teams, delegating workload, providing direction, training and mentoring of junior staff, and working with autonomy in multicultural teams and across boundaries.
• Ability to interpret complex data, assimilate information from a wide range of sources, develop innovative solutions, and make recommendations with incomplete information when necessary.
• Excellent business judgment and problem-solving skills to identify issues, present creative, practical solutions, make and commit to sound decisions, anticipating short- and long-term implications.
• High degree of diplomacy and sensitivity in dealing with internal and external clients, staff and managers at all levels. Discretion in handling confidential and sensitive information.
|Country:||-- United States|
|City, State:||Washington D.C.|
|Closing date:||February 24, 2021|