(Senior) Syndications Officer

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 Syndicated Loans and Mobilization Department (“CSL”) is responsible for raising external funds and credit insurance capacity for IFC clients from banks through the B Loan program, from Development Financial Institutions and other parallel lenders, and through its Managed Co-Lending Portfolio Program (“MCPP”) from institutional investors and credit insurance companies. The Department is responsible for developing innovative products, platforms and other solutions to attract private capital into emerging markets. It is further responsible for mobilizing third party capital through the suite of syndication products as well as attracting non-traditional syndications partners, including institutional investors, to support the growth of IFC’s loan business. The Department also manages the ongoing syndicated portfolio engagements with B Loan participants, parallel lenders, MCPP investors and global credit insurance companies.  

CSL is seeking a (Senior) Syndications Officer to join its Credit Insurance Program team, based in Washington, D.C. This role will focus on product development, transaction execution, and stakeholder management for IFC’s Credit Insurance Program. The Senior/Officer will be responsible for expanding and managing relationships with global insurers, developing new products and programs, and addressing constraints in credit insurance procurement. Additionally, the role involves working on certain policy and framework updates, supporting unfunded MCPP structuring, as well as individual transaction processing, and collaborating with internal teams to enhance operational efficiency and risk mitigation strategies. The role will report to the Head of the Credit Insurance Program.

Duties and Accountabilities: 

In this role, s/he would be part of the Credit Insurance product Team and support the Credit Insurance Lead in all elements of the program, including the pursuit of new insurance partners, the development of new products or legal structures for new unfunded MCPPs, and day-to-day product application on individual transaction level. S/he would also be a key point person for the MCPP Operations team for any inquiries that come up with regard to any of the existing unfunded MCPPs. 

Roles & Responsibilities: 

Product & Program Development

•  Develop new products and/or programs to expand IFC’s ability to procure credit insurance, addressing any constraints in both individual and programmatic areas. 
•  Act as a product specialist, advising transaction teams on structuring deals to incorporate credit insurance efficiently. 
•  Proactively explore opportunities to expand credit insurance use in strategically significant areas, such as local currency transactions and deals involving other IFC financial instruments. 
•  Develop and lead trainings related to credit insurance for internal audiences both at the launch of new initiatives and also annually as refreshers.

Stakeholder & Relationship Management

•  Strengthen and deepen relationships with key stakeholders, including IFC investment teams, syndications officers and credit insurance teams at leading global insurers, credit and risk departments. 
•  Engage with internal and external partners to streamline processes, resolve challenges, and expand the availability of credit insurance structures for IFC’s transactions. 
•  Together with other members of the Credit Insurance product team, serve as one of the primary liaisons for credit insurance-related matters, ensuring alignment across various teams and industry players for transactions across sectors and regions. 

Operational Coordination & Efficiency

•  Work closely with operational and other departments to develop and implement new MCPP unfunded programs. 
•  Collaborate with the Legal department to amend or create documentation ensuring smooth credit insurance procurement.  
•  Enhance the efficiency of credit insurance procurement through policy improvements, operational streamlining, and strategic partnerships. 

Strategic Leadership & Policy Development

•  Support the credit insurance lead on strategic discussions to establish, update, and refine procedures, frameworks, and policies related to credit insurance. 
•  Provide expert guidance on structuring new credit insurance solutions and ensuring their seamless integration into IFC’s broader financial products.