Financial 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 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.

IFC’s Treasury Client Solutions Department is a client-facing transaction-structuring and execution team that provides IFC’s clients with innovative fixed-income solutions. The group has global responsibility for derivative transactions, structured products, local currency solutions, and debt capital markets solutions. 

The department is looking to appoint an skilled  finance professional to join the EMEA team, covering markets in Africa, Middle East, Europe and Central Asia. The individual would co-lead IFC’s fixed-income business delivery for complex projects and programs in the area of structured finance, debt capital markets, and local currency financing, and assume shared responsibility for building business growth. The position is currently based in Nairobi, Kenya.

Duties and Accountabilities:

• Develop, structure, price and execute fixed income transactions for IFC’s clients involving structured products, capital markets instruments, local currency financing, and fixed-income derivatives;
• Co-lead complex client projects and programs for selected products and markets;
• Help expand IFC’s range of suitable solutions, including innovative structured products and local currency financing, in frontier markets;
• Identify business opportunities and contribute to business development and innovation together with relevant teams (including investment departments, credit, legal, blended finance, upstream, and other relevant functions);
• Build and maintain relationships with key stakeholders including regulators, government entities, investors, global and regional bank counterparts, and capital market firms;
• Provide product expertise, advice and training, and help others learn and deliver;
• Co-lead relevant initiatives and contribute to the development of relevant policies, frameworks, processes and methodologies, and inform corporate decision-making within areas of responsibility;
• Assume responsibility for business delivery, managing risks, and ensuring that outcomes are aligned with IFC‘s strategy; and
• Represent the department in relevant internal and external working groups and conferences.

Selection Criteria:

• MBA or Master’s degree in Finance, Financial Engineering, Economics, Financial Mathematics, Statistics or related area;
• At least 7 years  of relevant work experience in fixed income with a focus on emerging markets, including recent market experience in structured finance and/or debt capital markets transaction execution;
• Deep theoretical and practical understanding of fixed income derivatives including relevant regulations, and experience with structured products (e.g. securitizations, capital relief, portfolio guarantees etc.);
• Well-rounded business judgment, strong negotiation, structuring, and problem-solving skills, and solid track record in closing structured finance and other fixed income transactions;
• Proven ability to provide technical leadership to cross-functional teams;
• Highly motivated, results-oriented team player with an enthusiasm to work on complex products, a “can do” attitude and ability to collaborate effectively across organizational boundaries;
• Proven ability to foster open discussions across boundaries, encouraging a learning culture and provide a safe environment for the exchange of ideas;
• Excellent written and verbal communication skills and strong ability to describe complex concepts, approaches, and lessons learned in a manner that is relevant and understandable for clients and stakeholders; and
• Flexibility and willingness to work in different time zones as required in a global team.

Source:  https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=27234&site=1