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 2025, IFC committed a record $71 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
IFC is seeking a Manager for its valuation unit. The position is based in Washington DC, USA and will report to the Director of Investments and Credit Risk Department (CIR).
The Manager will oversee a team of professionals responsible for second-line fair valuation function of IFC’s investments portfolio including emerging markets equity, funds and debt products of approximately [$27bn]. She/he will also work closely with Investment Credit Equity unit (CIREQ), central portfolio management, investment teams across IFC’s global network including portfolio managers, global equity heads, external auditors and other teams as required. The manager is also responsible for working closely on the IT infrastructure with relevant teams.
She/he will have direct supervisory responsibility over a team of approximately 14 staff.
The successful candidate would join IFC's 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 independent valuations and providing clearance for such transactions at various stages of the investment cycle.
This role requires a thorough understanding of emerging markets, financial instruments, financial modeling and projections, and best in-class valuation practices and applying this to deliver best valuation estimates working with the first-line functions within IFC globally.
Duties and Accountabilities:
The Investment Valuation unit (CIRVA) Manager will Lead and manage the valuation team and ensure the team is high-performing, well-motivated, and committed to the advancement of IFC’s strategic goals and delivering its objectives and workplan. In addition to technical expertise, the incumbent will be expected to nurture a collaborative, high-performance environment—coaching team members, promoting knowledge sharing, and guiding professional development. The role demands close collaboration across functions, particularly with CIREQ, central portfolio management, investment teams, risk specialists, and IT partners to ensure that the valuation workflow supports the quarterly cycles. The manager will:
• Lead the delivery of quarterly valuations for the IFC investment portfolio culminating with preparing and delivering a quarterly presentation for the relevant approval committee and ensure compliance with the valuations governance framework.
• As a second-line function, the Manager is responsible for ensuring that equity and debt valuations prepared by investments portfolio managers are independently assessed; assumptions challenged, and final valuations present IFC’s best estimate of these valuations.
• Ensure that valuation assumptions and methodologies are consistent across the portfolio.
• In coordination with CIREQ, ensure that material impacts to equity and debt investments as raised by investment teams or resulting from quarterly supervision meetings are promptly and accurately reflected in IFC’s valuations and as needed watch list.
• In coordination with CIREQ develop valuation frameworks, policies and procedures while working with other stakeholders within IFC.
• In coordination with CIREQ lead preparation and delivery of training materials, lessons learned, case studies, CIR FAQ, and other knowledge management materials relating to equity and debt valuations.
• Build and maintain strong relationships with IFC’s first-line valuation function including portfolio managers across IFC’s global network, global equity heads, and central portfolio management
• Develop and maintain relationships with corresponding functions in IFIs to share knowledge and best practices.
• Be part of, and actively contribute to, the Investment and Credit Risk Department leadership team.
• Mentor and develop the valuation staff.
• Provide full range of administrative and HR Management oversight.
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.
