Associate Investment Officer

Description

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.

IFC’s PPP transaction advisory services are delivered through the Public Private Partnerships division of the Transaction Advisory Services Department (CTA). The division’s advisory offering consists of the provision of transaction advisory services to governments to effectively structure and implement PPPs while balancing investors’ interests, public policy considerations, and community needs.

By structuring successful PPPs, infrastructure and public services may be expanded and improved in a cost-effective manner, benefiting from private- sector expertise, management, and finance. The Division has an active global portfolio of 116 projects covering different sectors, of which power, transport, digitalization, affordable housing and health are strategic priorities.

This is an exciting time for CTA to play a critical role in shaping IFC 3.0 strategy. As continuation of these efforts are driven by business needs, CTA’s Asia Pacific team is seeking a high performing Associate Investment Officer with relevant market and transaction experience to work as part of the Asia Pacific team on the East Asia program, and other areas that may be requested from time to time by the Asia Pacific Manager and the East Asia Hub Leaders. S/he will support the regional team, management and specific transaction teams in processing and implementing PPP mandates where IFC acts as Lead Transaction Advisor to government clients. The team focuses on advising on transactions across all infrastructure sectors but with a focus on energy, health, digitalization, affordable housing and transport, and covering a broad range of PPP variants, such as:
• Public-Private Partnerships e.g. BOT type concessions
• Operation & Maintenance, Management and lease contracts
• Restructuring and privatization of state-owned assets

CTA’s Asia Pacific PPP team covers the unit’s operations in 29 countries with support from the Global Director and as part of the approximately 100 staff worldwide. In Asia, 26 staff are located across ten different offices, with staff located close to clients in Bangladesh, India, Sri Lanka, Pakistan, Thailand, the Philippines, Hong Kong, Vietnam, Australia, and Singapore.

Duties and Accountabilities:
•  The Associate Investment Officer (AIO) will work closely with the East Asia Hub-Leaders and project team leads as part of project teams to assist in the origination, due diligence, structuring, negotiations and bidding of infrastructure projects.
•  The AIO will work with national, state and local level governments in various countries across East Asia in identifying and developing PPP transactions for infrastructure projects.
•  Contribute to origination and marketing activities, including preparation of pitch books and PPP advisory proposals, market analysis, project assessments and client presentations;
•  Prepare memos and documentations needed for internal approval and processes;
•  Perform financial analysis and modeling;
•  Assist Transaction Leads in project management, including procurement and coordination of external consultants;
•  Assist in preparing due diligence and transaction structuring reports, and in the review of legal, commercial, and technical outputs and documentation;
•  Assist in preparing information memorandums, pre-qualification and tender documents;
•  Assist in marketing to potential investors, conducting roadshows and international competitive tenders and facilitating commercial/financial closure;
•  Participate in meetings with government clients and investors; and
•  Assist in other project or strategy related activities as the need arises (researches, reporting, etc.)

Selection Criteria

•  MBA or Masters degree in a related field;
•  At least five-six years relevant experience in any infrastructure sector/industry in East Asia, gained in a financial or advisory institution involved in either PPP project preparation, project finance, M&A and privatizations, or private equity funds;
•  Knowledge of infrastructure/PPP industry/sector drivers and trends particularly in countries in East Asia;
•  Proven financial analysis and modeling skills, and able to provide quality
control and inputs to financial models prepared by analysts;
•  Good understanding of key investment/PPP agreements/standard contracts and all aspects of transactions to provide relevant inputs for optimal transaction structuring;
•  Strong research, analytical and conceptual skills and ability to
communicate ideas clearly and confidently;
•  Ability to interact effectively with clients and stakeholders, demonstrating appropriate communications skills;
•  Excellent English written, verbal communications and presentation skills;
•  Ability to draft documents and reports that are thorough, well-organized but concise, focusing on key points for the intended audience; and
•  Ability to work with teams in multiple transactions, delivering high quality work within deadlines, and to meet team objectives.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.