Associate Investment Officer, Infrastructure, Brazil

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.

Infrastructure is one of IFC's strategic priorities. IFC's Infrastructure department supports the World Bank Group's aim of improving access to efficient, reliable, and affordable infrastructure for the poor in emerging markets. The team is responsible for originating and managing IFC's investment activities in the following sectors: Power Generation, Distribution and Transmission, Mining, Transport & logistics, Telecommunications, Water, Waste, Privatized Public Services and other Subnational/Cities financing. IFC's focus in the sector is on: (i) increasing access to basic infrastructure services; (ii) supporting local companies while improving transparency and corporate governance; (iii) exploring new equity and debt investment opportunities and catalyzing foreign direct investments, including co-investments and mobilizing syndicated and parallel loans; (iv) introducing and developing new financial products including through Public-Private Partnerships; and (v) building long-term partnerships with strong global and regional players.

IFC’s Infrastructure Department for Latin America and the Caribbean (LAC) is recruiting an Associate Investment Officer to work in helping identify business opportunities; support the structuring and execution of infrastructure investment transactions (project finance, corporate finance, equity and hybrid instruments); and actively manage portfolio investments in core infrastructure sectors (water, energy, transport, waste, municipal infrastructure and telecom). The new hire should be available to engage in infrastructure projects throughout the LAC region but with a strong focus on Brazil. The overall goal of the job holder is to perform the regular activities of an Associate at a Project Finance/Infrastructure department. The candidate is required to know and effectively use financial modeling, thus familiarity with Excel is a strict requirement, as well as with Portuguese and English.

Willingness to travel is also required, as the candidate will likely get involved in deals across Latin America. The appointee will be stationed in Sao Paulo, Brazil reporting to IFC’s Regional Lead for the Infrastructure team in Brazil.

Deal teams are typically structured with 3 people, who will them perform all deal-related activities. As such, the new hire will have client exposure and participate on some key decisions but may also perform financial modeling and other activities.

Duties and Accountabilities

Specific responsibilities include, but are not limited to:

•  Create and analyze financial models; demonstrated project finance modeling experience will be a plus.
•  Participate and support in the structuring of new transactions. Prepare investment committee materials, evaluate, structure, negotiate, and close new transactions.
•  Review and analyze historical and projected financial statements.
•  Conduct industry, integrity (KYC), and market research (including pricing benchmarks) and assist in IFC's business development efforts.
•  Elaborate pitchbooks and proposals for clients.
•  Review company information and prepare reports on periodic financial statements, project progress reports, and other information submitted by clients.
•  Prepare documentation for IFC internal processes.
•  Participate and provide analytical support in investments negotiations.
•  Participate in the active monitoring of investments in portfolio companies, including monitoring of compliance with IFC financial, environmental, insurance, and legal requirements.
•  Participate and support due diligences, with direct exposure to IFC’s clients’ operations.
•  Actively manage and/or support portfolio investments, including credit risk assessment, financial analysis, processing waivers, disbursements, etc.
•  Build complex financial models from scratch (if needed), perform financial analysis, and/or provide quality control over financial analysis and projections developed by an analyst to evaluate the benefits and risks of investments.
•  Coordinate closely with social, environmental, legal, and technical specialists to add value to our clients' businesses, find pragmatic solutions to specific sector challenges, and achieve sustainable development impact.
•  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.