Associate Investment Officer
Almaty
- Organization: World Bank Group
- Location: Almaty
- Grade:
-
Occupational Groups:
- Banking and Finance
- Impact investing, Social venture capital
- Closing Date:
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. For more information, visit www.ifc.org
IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity. This strategy calls for generating unique opportunities by proactively working “Upstream” to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. This strategy also calls for working with Governments and World Bank colleagues to first seek private sector solutions to address development challenges - where such solutions are advisable and can be effective - and reserve public financing for projects only when other options are suboptimal. This approach is called the “Cascade”.
IFC’s Infrastructure Department is looking to hire an Associate Investment Officer to join IFC’s infrastructure investment team covering primarily the MCT Region (Middle East, Central Asia, Türkiye, Afghanistan, and Pakistan). The selected candidate will be based in Almaty, Kazakhstan and will be an integral part of the investment team working across the business cycle (business development, “upstream”, new investments and portfolio), but with a focus on leading and/or supporting business development, processing and managing IFC’s investments throughout the life of IFC’s investments.
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.
Roles and Responsibilities:
- Lead and/or coordinate mapping and screening business opportunities in infrastructure sectors; undertaking market research and performing corresponding integrity checks.
₋ Collaborate in developing client strategies and engagement plans and pitchbooks for various sectors and countries, and conduct sector analysis to be used as input to sector strategies.
₋ Support the development of a strong pipeline of good quality investment opportunities by anticipating market trends and employing sector/country knowledge.
₋ Draft and present concept review notes for discussion with management of relevant business opportunities.
₋ Support transaction teams during investment due diligence. Evaluate, structure, negotiate, and close new transactions from the mandate stage.
₋ Coordinate closely with social, environmental, legal and technical specialists in order to add value to our clients' businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact.
₋ Support negotiation/documentation stages of transactions; use strong negotiation skills to develop solutions and overcome impasses in straightforward and complex transactions.
₋ Actively manage and/or support portfolio investments, including potentially restructurings, rescheduling, processing waivers, disbursements, capital increases, equity sales etc.
₋ 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.
₋ Gather market intelligence, analyze strategically important portfolio trends, and emerging risks and opportunities.
₋ Perform credit and risk assessments, financial projections, covenant compliance reviews (debt), and monitor changes to risk flags for determining performance assigned to a portfolio, with limited supervision. Supervise and ensure quality of portfolio reporting information prepared by junior staff, providing broader industry, subsector, and country perspective into project risks and issues.
We do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.
Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.