Investment 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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is a global investor and advisor committed to promoting projects in its developing member countries that are economically beneficial, financially and commercially sound, and environmentally and socially sustainable. IFC finances private sector investments, mobilizes capital in the international financial markets, helps clients improve social and environmental sustainability, and provides technical assistance and advice to governments and businesses in the developing world.

IFC’s Advisory Services in Public Private Partnerships (PPP) is focused on assisting governments in developing and bringing to market public-private partnerships, primarily in the infrastructure and social sectors. PPP seeks to recruit an Investment Officer (IO) based in New Delhi, India.

The IO Position in Delhi will involve leading the implementation of advisory mandates of a variety of types, including business development, interactions with clients, developing terms of reference, procurement, and supervision of consultants, preparation of presentations and reports, financial modeling, and due diligence, transaction structuring, drafting bidding documents, managing bidding processes and interacting with investors. 

Responsibilities:

Business Development:

• Lead business development in India and other countries of South Asia under the overall guidance of the Manager for South Asia or staff designated by him, taking a proactive approach to developing new client contacts and project leads
• Lead the preparation of proposals or mandates for new projects, negotiations with clients, and the internal approval processes
• Develop a good understanding of the Indian market, particularly its infrastructure and health sectors, and provide market intelligence and knowledge of developments in the general business environment
• Engage with the union and state-level governments to identify PPP projects
• Work with the World Bank teams in the region to build relationships and identify PPP opportunities in the Bank projects

Transaction Execution:

• Lead several mandates simultaneously with different project teams, ensuring quality execution, good client service, and staff development
• Be responsible for the design of terms of reference for specialized consultant support to project teams, the selection and management of consultants, and requests for proposals and applications for funding consultant costs
• Lead technical, legal, regulatory, financial, and commercial assessment of advisory transactions and project structure design
• Be able to directly develop complex financial models for PPP projects and oversee junior staff in the production of financial models
• Manage the drafting and negotiation of contractual and bidding documents such as concession agreements, shareholder agreements, etc.
• Lead the marketing of the transaction to potential private-sector investors
• Manage the execution of competitive, transparent tender processes and the resultant finalization of contractual agreements between investors and client governments

Upstream Activities:

• Develop collaboration frameworks with IFC investment departments in the infrastructure and health sectors in South Asia
• Work with the World Bank to enter into formal capacity-building programs with state-level authorities, as needed

Other Duties:

• Coordinate closely with social, environmental, and investment colleagues to add value to our client’s projects
• Develop reports for Senior Management upon request and
• Perform other duties as the Manager for South Asia, and the CTA management requested
• Provide on-the-job coaching to junior members of the project teams

Selection Criteria:

The appointee will be able to demonstrate:

• MBA or equivalent degree in business, finance or economics
• At least 8 to 12 years of relevant experience in business consulting, project finance, investment banking, and/or infrastructure economics, with good knowledge, networks, and credibility within the business and governmental communities, especially in India
• Deep understanding of the infrastructure business and experience in working with different infrastructure sub-sectors
• Understanding of public-private partnerships (PPPs) and different structures for engaging private participation in the delivery of infrastructure services
• Strong track record of successfully leading business development independently, particularly with Government clients
• Strong track record of contractual and/or financial closings of infrastructure transactions
• Experience in dealing with government clients, investors, and multiple stakeholders of infrastructure projects
• Experience in successfully managing diverse project teams in multiple transactions
• Strong financial, analytical, and modeling skills; sound business judgment; ability to find creative solutions to accommodate different interests.
• Experience in reviewing legal documents and/or technical studies will be a plus
• Proficiency in English
• Excellent communication skills, both written and oral, including the ability to convey ideas and positions
• Excellent interpersonal skills, with the ability to establish and develop relationships
• Leadership, coaching, and mentoring skills
• Willingness to travel extensively
• Motivated and enthusiastic about the opportunities and challenges of sustainable development

Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=29001&site=1