(Associate) Investment Officer

Описание

(Associate) Investment Officer

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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. 

Private sector financial development is essential to the promotion of successful and sustainable economies in low- and middle-income countries around the world. Sound and efficient financial markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth. IFC’s goal is to prioritize investment in the financial sector because it promotes development in all other sectors.

The Financial Institution Group (FIG) is one of IFC’s key Departments responsible for a significant portion of IFC’s business volume, profitability, and development reach, approximately 40%. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas, with both investment and advisory services delivered globally to IFC’s clients through IFC’s global network. FIG has three main objectives: 1) financial inclusion 2) servicing the real economy and 3) mobilizing third-party resources. 

FIG’s Europe team is based across the region with main hubs and offices in Vienna, Bucharest, Warsaw and Belgrade. The team members work on both new business development and portfolio management across the region. With a diverse network of markets, the pipeline of new transactions ranges from investing fresh equity in banks to structured finance products which help develop local capital markets. 

FIG Europe Regional Industry Team is seeking an (Associate) Investment Officer to be based in Kyiv with good financial sector experience to help grow and develop projects across the region, with a particular focus on Ukraine.

Duties and Accountabilities: 

Specific responsibilities include, but are not limited to:
• Lead the execution of straightforward investment projects, incorporating lessons learned from IFC’s earlier investments and portfolio management.
• Collaborate in developing client strategies/ engagement plans and pitch books for industry and countries.
• Analyze operational and financial performance as well as credit and integrity risks of potential clients/ projects.
• Build complex financial models, perform due diligence and financial analysis, and/or provide quality control over financial analysis/ projections developed by an analyst to evaluate the benefits and risks of straightforward transactions.
• Assess and articulate development impact and IFC’s role/ additionality in straightforward transactions.
• Perform credit and risk assessments, financial projections, covenant compliance reviews, and monitor changes to risk flags to determine the performance of the assigned portfolio with limited supervision.
• Responsible for rating reviews or loan loss reserves on a quarterly basis for the overall assigned portfolio. Run models for equity valuations to determine the need to modify the exit strategy.
• Supervise and ensure the quality of portfolio reporting information prepared by junior staff, providing broader industry, sub-sector and country perspective into project risks and issues.
• Engage with mid-level clients on straightforward projects to understand their business directions and challenges that may lead to new opportunities, and support the design of client engagement plans, as applicable.
• Follow up-with mid and senior level clients to resolve problems on straightforward projects.

Selection Criteria

• MBA or other equivalent master’s degree in finance or management.
• At least 5 years of relevant experience (Associate Investment Officer) or at least 7 years of relevant experience (Investment Officer) with a proven track-record of sourcing, structuring and closing investments, as well as active portfolio management of debt and equity investments.
• Candidates with work experience in audit companies, commercial banks, private equity funds and rating agencies are encouraged to apply.
• Good understanding of IFC’s financial instruments including typical investment conditions and key structuring terms.
• Understanding of industry drivers, business/ market development cycles, and how business performance and long-term competitiveness/ viability are measured within the industry and how industry dynamics may evolve within a country/ region.
• Proven analytical, financial analysis, equity valuation, and financial modeling skills to analyze and form conclusions on company financial information or projects and industry indicators. Able to oversee and provide quality control feedback on financial models prepared by analysts.
• Understanding of credit and non-financial risks associated with straightforward projects and specific aspects of a complex project, and how to satisfactorily mitigate those risks.
• Capacity to identify barriers for market creation opportunities in a targeted country by tapping into relevant internal expertise and synthesizing information on local regulatory and economic context, industry/ sector and landscape, and constraints clients are facing to grow their business.
• Capacity to build client relationships/ networks. Ability to identify business opportunities, discuss structuring alternatives, and resolve issues; • Excellent written, verbal communication and presentation skills to effectively influence the perception/ support of clients/ stakeholders.
• Ability to draft documents and reports that are concise, well-organized, and appropriately focused on most critical points that are relevant to the target audience.
• Ability to share valid opinions and new observations relevant to project outcomes with project leaders in a manner that is concise, cohesive, and focused.
• Excellent oral and written presentation skills in English are required.

WBG Culture Attributes:

1. Sense of Urgency – Anticipating and quickly reacting to the needs of internal and external stakeholders.
2. Thoughtful Risk Taking – Taking informed and thoughtful risks and making courageous decisions to push boundaries for greater impact.
3. Empowerment and Accountability – Engaging with others in an empowered and accountable manner for impactful results.

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.