(Senior) Credit/Equity Risk Officer

Singapore | Vienna | Washington D.C.

Organization: World Bank Group
Location: Singapore | Vienna | Washington D.C.
Grade: 2359
Occupational Groups:
- Banking and Finance
- Cash-Based Interventions
- 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.

The successful candidate would join IFC's Investment and Credit Risk Department (CIR), part of the Risk and Financial Sustainability Vice-presidency. CIR is responsible for providing an independent risk-reward assessment for all new investment transactions and material portfolio events and providing clearance for such transactions at various stages of the investment cycle. CIR works to strengthen IFC's credit culture, investment quality, and impact by working closely with investment and supporting departments across the Corporation.

The CIR Credit / Equity Risk Officers are specialized and experienced risk professionals who are part of the independent risk oversight system. They are responsible for reviewing and approving credit and equity, quasi-equity, and debt with upside investment proposals and material portfolio actions submitted by the IFC's Investment and portfolio teams. In addition, working with investment teams on identifying and mitigating credit and equity risk, they ensure that the investment transactions, including structured finance transactions, meet IFC's minimum investment standards as required by any applicable policies, procedures, or guidelines, as well as the risk-reward appetite established by senior management.

Credit/Equity Risk Officers also play an important role in maintaining an investment culture within the IFC by disseminating credit, mezzanine and equity expertise and best practices through various knowledge management activities and mentoring Investment Officers in the context of transactions and portfolio actions.

IFC is seeking Credit / Equity Risk Officer, to cover equity and potentially structured finance to join the specialized equity risk unit (CIREQ) in the Investment and Credit Risk Department.

The Credit / Equity Risk Officer will be based in Washington, D.C., Vienna, Austria, or Singapore, Singapore and report to the head of CIREQ.

Duties and Accountabilities:

• The Credit / Equity Risk Officer work allocation will cover distinct portfolios at the sector level (Infrastructure, MAS, Financial institutions) and/or the product level (co-investments, funds, early-stage equity) as well as assigned structured finance deals, assisting as needed the Chief Credit / Equity Risk Officer responsible for such sector or product via preidentified tasks to be carried out with a high degree of independence. Tasks assigned will reflect the demonstrated level of experience and knowledge of the sector and product, and the level of responsibility is expected to increase over time.
• With guidance from the relevant Chief Credit / Equity Risk Officer, review investment concepts and investment proposals, including financial models, equity valuations, transaction term sheets, credit ratings for structured finance transactions, and other documents prepared by investment teams and support the Chief Credit / Equity Risk Officer in discussions with transaction teams and decision-making process (and independently carry out such discussions and decision making for distinct aspects of project cycle and portfolio decisions as assigned by the Chief Credit / Equity Risk Officer depending on demonstrated level of experience and knowledge of sector and product).
• Lead review of all aspects of credit ratings and / or equity valuation analysis for new business and portfolio investments in support of the Chief Credit / Equity Risk Officer.
• Work directly with transaction teams to facilitate the incorporation of CIR feedback in the analysis and presentation of the investment materials, which will support a more efficient and effective decision-making process.
• Support analysis of major macro, sectoral, and portfolio trends, focusing on early warning signals and integrating these views into pipeline and business development discussions. Summarize insights and present key findings to business stakeholders and senior management.
• Actively participate in quarterly equity portfolio reviews as well as reviews of structured finance transactions, including reviewing materials, preparing questions, participating in and summarizing discussions, and ensuring relevant feedback is transmitted to CPM, CSO, and CIRVA and relevant information is incorporated in equity valuations, follow-up items, and watch list meetings. Ensure follow-up on material portfolio actions.
• Support or carry out independently as assigned by the Chief Credit / Equity Risk Officer. concurrences of changes and waivers to shareholder agreements and/or rights issues and/or other portfolio matters (including for structured finance transactions).
• Under the guidance of the relevant Senior Equity Risk Officer, support the processing of fund investments as needed.
• Preparation and delivery of training materials, lessons learned, case studies, CIR FAQ, and other knowledge management materials for the sectors and products of responsibility (including internal e-mail notes disseminating material knowledge management from each key decision point of a transaction or portfolio project). Coordinate with CLED and relevant staff in operations the incorporation of structuring lessons learned in a standard term sheet.
• Assist in the preparation of corporate guidelines for debt (structured finance) as well as equity, quasi-equity, mezzanine products.
• Collaborate with other IFC Credit and Investment teams globally and regionally.

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.

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