International Finance Corporation

The International Finance Corporation is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
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Associate Investment Officer

Job #: req4342

Organization: IFC

Sector: Investment

Grade: GF

Term Duration: 3 years 0 months

Recruitment Type: Local Recruitment

Location: Douala, CMR

Required Language (s): English, French

Preferred Language (s):

Closing Date: 11/3/2019 (MM / DD / YYYY) at 11:59 pm UTC

 

Description

Do you want to build a career that is truly
worthwhile? The International Finance Corporation (IFC), a member of the World
Bank Group, is the largest global development institution focused on the
private sector in emerging markets. Working with more than 2,000 businesses
worldwide, we use our capital, expertise, and influence to create markets and
opportunities in the toughest areas of the world. Visit www.ifc.org

The Financial

Institutions Group (FIG), one of IFC’s industry departments, supports projects
in numerous financial sub sectors, partners with local financial institutions,
develops domestic and regional equity and debt markets and introduces new
financing instruments. The goal is to
develop efficient financial systems that will increase financial inclusion and
fuel economic growth in client countries and enhance IFC’s developmental
impact.

FIG is recruiting an

Associate Investment Officer to join the investment team, which originates,
manages and monitors IFC’s financial sector investments across Africa. The Associate Investment Officer will be based
in Douala, Cameroon and will report to the FIG Regional Industry Manager
covering West and Central Africa (WCA).

Duties and Accountabilities:

  • Provide key support in identification, appraisal, structuring and negotiation of financial sector investments;
  • Identify and analyze fundamental competitive strengths and weaknesses of projects or portfolio companies and identify non-financial issues, opportunities and risk/reward factors (e.g. business environment, country, and sponsor);
  • Handle disbursements, waivers and complex client interactions such as restructurings; monitor and value equity investments and recommends/executes the sale of holdings;
  • Monitor existing investments in portfolio companies, comprising various types of financial entities;
  • Review and analyze the financial and operating performance of clients; prepare quarterly risk ratings, annual supervision and other management reports as well as country strategy papers, briefs and project profiles;
  • Handle client relationships and provide insight into sector developments in client countries to anticipate new investment opportunities and/or performance issues;
  • Apply knowledge of project/portfolio lifecycle to identify and meet critical path milestones, and to implement tasks (including production of documents) in a timely and high-quality fashion for the processing or supervision of projects;
  • Actively keep abreast of

regional and industry developments and incorporates trends into the processing
or supervision of projects.

Selection Criteria

- Master’s degree and 4-5 years of relevant experience in the financial sector, preferably in an investment related function and/or the private equity industry;

  • Good understanding of financial and operational characteristics of financial institutions;
  • Clear experience and expertise in identifying, evaluating, structuring and negotiating debt and equity transactions; experience in portfolio management;
  • Sound business judgment and strong problem solving / negotiation skills, as well as ability to work
  • Excellent verbal and written communication skills in English and French;
  • A keen interest in development finance and working in a multicultural environment.

    Poverty has no borders. Neither does excellence. This is why we are continually searching for qualified individuals with various backgrounds from around the globe. We are proud to be equalized and inclusive of employment, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.