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 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 is seeking a Investment Officer for its Infrastructure and Natural Resources (INR) team in the Asia Pacific region. The position is based in Jakarta, Indonesia.

The Infrastructure and Natural Resources (INR) business line provides financing solutions to clients focused on the power, transport, telecoms and municipal and environmental infrastructure sectors. A strategic focus for the INR team in Asia Pacific is to support clients (both public at the subnational level and private sector clients) to find decarbonization solutions in these sectors and to ramp up investments in renewable energy, transport, telecoms, and urban infrastructure. IFC is seeking an Investment Officer for its INR investment team, with expertise in one or more of renewable energy, transport, telecom, and urban infrastructure sectors. The selected candidate will focus on developing a high-quality pipeline of infrastructure projects, structuring, negotiating, and executing debt and equity investments for infrastructure projects and supervising portfolio investments, under the supervision of the Regional Industry Manager. The selected candidate would focus on growing the infrastructure business in Indonesia and will also get the opportunity to work more broadly across Asia Pacific.

Duties and Accountabilities:
The selected candidate will be a key member of the Asia Pacific infrastructure team, be based in Jakarta and will work closely with colleagues in the region and in Washington, DC, on business development, transaction execution, portfolio supervision, and client relationship management.

The responsibilities of the Investment Officer include but are not limited to:

•  Contribute to drafting strategies for a sector, product, or region to catalyze private sector investment and open new markets, which includes defining target clients, business development priorities, required actions, and appropriate timeline for IFC interventions and engagements; and execute strategies for more complex client engagements with the objective of building a robust investment or advisory pipeline.
•  Lead discussions with key internal stakeholders and decision makers (e.g. Credit, board) to keep moderate complex projects moving through the approval process. Ensure timely processing, thorough due diligence and client satisfaction.
•  Thoroughly review work provided by clients and prepared by team members to ensure solid structure and consistency of legal documents with agreed upon terms. Ensure quality control of work products.
•  Oversee and engage with specialists to address other compliance areas including ES&G, insurance, and governance.
•  Bring to the table complementary and catalytic finance and products that can help a marginal transaction with high developmental impact potential become successful.
•  Review project assumptions and financial projections to check for accuracy and completeness.
•  Sustain long-term relationships with clients and other stakeholders (e.g., government officials) at the senior level and engage effectively with other syndicate lenders at senior management levels.
•  Proactively support business development efforts of country teams, which include leading the identification of strategic clients, globally and regionally;
•  Oversee portfolio of assets for IRP quarterly review that includes reviewing ratings, loan loss, and valuations. Make recommendations on reserve requirements and region or corporate actions needed to address shifting portfolio trends.
•  Proactively manage a portfolio of investments and strategic clients, identify opportunities for repeat business, and bring these opportunities to financial close when appropriate.
•  Work with portfolio managers and CSO to address emerging risks in sector portfolio and to capture learning that can translate into improved structuring of future sector business.

 

Selection Criteria

•  MBA or equivalent degree with at least 10 years of relevant professional experience in investment, corporate banking, project finance, infrastructure project development, and/or equity investing.
•  Thorough understanding of economic and commercial trends, investment environment, and key private and public sector players in Indonesia and more broadly in Asia Pacific.
•  Strong analytical and financial structuring skills and sound business judgment.
•  Demonstrated client relationship skills including the ability to assist clients with project development and interact effectively with counterparts at all levels.
•  Excellent negotiation and structuring skills demonstrated by proven track record. Can recognize when negotiations no longer serve IFC’s interests and has the conviction to take appropriate actions to protect IFC, which could include walking away from a deal or taking different positions.
•  Appreciation of legal, technical, environmental, social, and other considerations in project and corporate finance.
•  Outstanding written and verbal communication skills. Ability to describe highly complex issues, approaches, and lessons in a manner that is relevant and understandable to clients/stakeholders.
•  Ability to guide and share experiences with junior staff and peers through formal and informal mentoring arrangements.
•  Ability to review the financial analytical work performed by team members for moderately complex transactions based on in-depth analytical and financial modeling skills and experience to know what to look for in efficiently ensuring quality control and directing the appropriate analysis to understand risk factors in a project.
•  Able to leverage internal networks and mobilize IFC resources to deliver solutions to clients in a timely manner as well as leverage external networks to find solutions that IFC/WBG cannot provide.
•  Fluent in English. Knowledge of other languages spoken in Asia (including Bahasa Indonesia) will be an asset.
•  Proactive, self-motivated, and well-organized.
•  Ability to work well under time pressures with minimal instruction or supervision;

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.