Associate Investment Officer

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Description

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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 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

The Financial Institution Group (FIG) is one of IFC’s key Departments responsible for a significant portion of IFC’s business volume, profitability, and development reach, approximately 40%. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas.

The FIG’s Latin America and the Caribbean team (FIG LAC) is based across the LAC region with main hubs and locations in Mexico, Argentina, Colombia, and Sao Paulo. The team members work on both new business development and processing, and portfolio management across the region. 

FIG is seeking to hire an Associate Investment Officer based in Lima, Peru. AIO are responsible for the design, negotiation, structuring, and subsequent supervision of the Corporation’s investment projects.

ROLES AND RESPONSIBILITIES: 

• Develop a thorough understanding of the relevant sector (Manufacturing, Agribusiness and Services) and support the team in developing strong relationships with key counterparts in the private sector.
• Collaborate in developing client strategies and engagement plans and pitchbooks for relevant sectors and countries.
• Proactively identify potential investment partners and opportunities based on industry experience, reputation, market potential, financial capability, and strategic fit.
• Assess the attractiveness of specific investment opportunities with a strong focus on credit quality and development impact and make recommendations to IFC’s management.
• Execute loan, equity, and mezzanine financings including processing mandates, conducting due diligences, structuring deals, and negotiating terms and documentation.
• Monitor clients’ compliance with the terms of investment agreements, prepare timely supervision reports, identify early warning signs, and, when necessary, formulate/implement strategies for work-outs, restructurings or rescheduling.
• Provide high-quality client service throughout the project cycle from transaction sourcing and processing to supervision.
• Coordinate closely with upstream, advisory and environmental & social teams to add value to our clients’ businesses.
• Perform analytical work (due diligence, financial modeling, preparation of pricing comparability data) as input to designing and considering structuring options.
• Draft memos and process simple waivers, amendments, and ESAMs based on guidance from a more senior investment officer.
• Perform analytical work (due diligence, financial modeling, preparation of pricing comparability data) as input to designing and considering restructuring options.
• Gather and summarize information on sectors and countries in support of portfolio team.
• Identify data collection needs to support the assessment of financial, operational, development impact, and market information as well as relevant ES&G matters. Coordinate with the client to obtain needed information.
• Analyze financial statements and projections, build financial models, and run sensitivities, with accountability for factual accuracy.
• Gather and summarize project, sector, and country benchmarking information to be used to capture lessons learned, with accountability for factual accuracy.
• Identify key stakeholders (government, development partners, WBG) as input to business development and client engagement planning.
• Look at prior transactions and track record with specific clients to develop input to future business possibilities.
• Perform credit and integrity risk rating assessments, covenant compliance reviews (debt), and valuations (equity), and monitor changes to risk flags for determining performance assigned to a portfolio, with supervision.
• Gather and analyze data to support assessment of project development impact.
• Prepare industry and market research as input to Country Private Sector Diagnostics.
• Research prospective client companies or governments for alignment with IFC strategic, financial, and integrity criteria.

Selection Criteria

• Master’s degree in a related field and at least of 4-8 years of relevant experience. Related fields of education include business, finance, or economics or an area of expertise specific to a sector, subject matter, or industry specialty. Relevant experience could include a proven track record in business consulting or investment banking, or operational experience in the sector or technical or professional field.
• Basic understanding of how specific investments or advisory transactions in different industries and sectors impact economic, market, and social development, and how to use mapping methodology to assess market conditions, gaps, and business opportunities.
• Stay abreast of sector, country or region trends and key players.
• Demonstrates active listening skills by being attentive and listening to others in order to identify client and stakeholder needs.
• Demonstrate diplomacy and responsiveness in interactions with others.
• Able to form relationships with counterparts and mid-level clients and stakeholders to exchange information needed for transaction or portfolio processing.
• Write in a logical and comprehensive, yet concise manner.
• Distill and summarize large amounts of information from various sources to prepare business documents and presentations.
• Utilize graphics and tables to effectively and creatively present data.
• Demonstrate attention to detail.
• Ability to conduct market and industry research and analysis.
• Ability to analyze and synthesize debt pricing benchmarks and equity trading comparables.
• Demonstrated skill in financial statement analysis, accounting, finance, financial modeling, DCF, and comparable company analysis to support informed decision making.
• Ability to demonstrate attention to detail, thoughtful scenario analysis, and diligence in the quality of one’s own work.
• Fully understands the financial aspects of investment or advisory transactions, including how to conduct market analysis and determine financial soundness of company or project opportunity.
• Demonstrate basic understanding of different facets of operations throughout the project management life cycle.
• Ability to highlight connections among relevant operations projects, programs, and initiatives.
• Fundamental knowledge of IFC systems.
• Fluency in English, both verbal and written skills.
• Proficiency in Spanish preferred.

Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=27243&site=1

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