World Bank Group Recruitment 2020 (3 Positions)


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World Bank Group – IFC, a sister organization of the World Bank and 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 2019, we invested more than $19 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity.

We are recruiting to fill the following positions below:


1. Job Title: Investment Officer

Job #: req8159
Location: Lagos, Nigeria
Grade: GG
Organization: IFC
Sector: Investment
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment

Sub-Saharan Africa Manufacturing & Services Department

  • The Manufacturing, Agribusiness and Services (MAS) Africa Department is recruiting an Investment Officer (IO) to join the Manufacturing and Consumer Services team, which is responsible for sourcing and executing investment transactions in the manufacturing, health, education, tourism, retail and property sectors.
  • The Investment Officer will be based in Lagos, Nigeria and will report to the Manufacturing and Services Manager for Sub-Saharan Africa.

Roles & Responsibilities

  • The IO will work closely with colleagues in the region and in Washington, DC, on business development, transaction execution, portfolio supervision, and client relationship management.

The Rresponsibilities include but are not limited to:

  • Develop a thorough understanding of the relevant sector (Manufacturing and Consumer Services) and support team in developing strong relationships with key counterparts in the private and public sector as well as development partners.
  • 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, conduct due diligence, structuring deals, negotiate terms and documentation, arrange syndications, and process internal approvals.
  • Work closely with IFC’s specialists to manage environmental, social, technical, legal, insurance, corporate governance, and other risks in projects and champion IFC’s sustainability offerings to clients.
  • 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.

Selection Criteria

  • MBA, Master’s degree in Finance or equivalent;
  • At least 10 – 12 years of work experience for a major commercial or investment bank with significant emerging markets presence, an international financial institution or a private equity firm;
  • Experience in investment transaction, with proven success in developing client relationships as well as sourcing, negotiating, structuring and closing quality investments;
  • Knowledge of and experience in emerging markets a plus (particularly in Sub-Saharan Africa);
  • Strong business judgment in identifying potential business partners;
  • Strong financial and credit skills; sound business judgment and demonstrated ability to structure a variety of financial instruments (debt and equity);
  • Client relationship skills, track record and ability to focus on client needs effectively;
  • Ability to interact directly and independently with the senior management of clients, financial and technical partners as well as senior government officials;
  • Strong interpersonal and leadership skills, ability to work successfully in multicultural teams and across boundaries and to build networks across the region, including the ability to mentor and coach others to achieve results;
  • Excellent organizational, administrative, and time management skills;
  • Proven ability to work independently and deliver promptly and efficiently under pressure and meet tight deadlines;
  • Willingness to travel extensively and geographic flexibility;
  • Excellent verbal and written communication skills in English.  Fluency in French, a plus.

Language:

  • Required Language(s): English
  • Preferred Language(s): French

Application Closing Date
August 14, 2020 at 11:59pm UTC

How to Apply
Interested and qualified candidates should:
Click here to apply online


2. Job Title: Investment Analyst – Venture Capital

Job #: req7871
Location: Lagos, Nigeria
Organization: IFC
Sector: Investment
Grade: GE
Term Duration: 2 years 0 months
Recruitment Type: Local Recruitment
Required Language(s): English

Description

  • IFC offers a full range of financial products across the entire capital value chain, with a long-term investment horizon and deep knowledge of Emerging Markets. With one of the largest footprints in Emerging Markets, we offer local knowledge, linkages to other clients and portfolios, as well as an understanding of regulations and local domains.
  • The Disruptive Technologies and Venture Capital team (“CDFDT”) invests in venture/early growth companies that offer innovative technologies or business models with high impact potential in Emerging Markets as well as VC funds. By executing transactions at earlier stages than IFC’s more traditional business lines, the CDFDT team enhances the organization’s strong commitment to innovation, support to local businesses, and helps accelerate cross border technology transfers.
  • The Team works closely with other industry investment groups within IFC, including Infrastructure, Manufacturing and Financial Markets, as well as with appropriate counterparts within the World Bank Group.
  • The venture capital group is looking to recruit an Investment Analyst in IFC’s Lagos office to support the current team in developing and executing new business opportunities, as well as managing investment portfolio and local client relationships.
  • The Investment Analyst will play an active role in participating in the local office’s and the region’s business activities, interact directly with local and global clients, and will work with colleagues from Headquarters (Washington DC), and other regional offices.

Responsibilities
Specific responsibilities include, but are not limited to:

  • Evaluate, structure, negotiate, and close new transactions
  • Develop a strong mapping and pipeline of good quality investment opportunities.
  • Help supervise investments in portfolio companies and manage internal IFC procedures including preparation of portfolio reports and related information
  • Build and maintain strong relationships with clients, global and regional private businesses, banking and multilateral partners and government officials to further develop the sector and to develop specific investment opportunities
  • Coordinate closely with IFC’s business risk functions to ensure maintenance of the highest environmental and social, and integrity standards

Selection Criteria

  • At least 2 – 3 years of experience in venture capital, private equity, consulting, investment banking, equity research. Candidates who have a proven track-record of sourcing, structuring and closing investments preferred
  • Strong interest in venture investing and emerging technology areas
  • Strong familiarity with financial software applications (e.g. Microsoft Office suite, research and financial databases, etc.)
  • Team player with strong interpersonal skills, and ability to work successfully with clients and colleagues from various cultural backgrounds
  • Excellent communication and presentation skills
  • Fluency in spoken and written English; a multi-lingual background will be viewed upon favorably.
Application Closing Date

August 15, 2020.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Note: Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.


3. Job Title: Country Officer

Job #: req8027
Location: Lagos, Nigeria
Grade: GG
Organization: IFC
Sector: Operations
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment

Job Descriptions

  • IFC is recruiting a Country Officer who working closely with the Country Manager, will promote and coordinate IFC’s investment and advisory activities in the country, ensuring the integrated delivery of IFC products and services and maintaining necessary relationships to further those activities.
  • The role requires close interaction with government officials, corporate clients, the private sector, counterparts in the World Bank Group, international organizations, and key internal stakeholders to develop new business, share information, and support the structuring and negotiation of deals.
  • The position is based in Lagos and reports to the Country Manager.

Main Responsibilities

  • Actively develop and maintain strong relationships with key ministries, agencies, and business community around the country.  Represent IFC vis-a-vis the Government (federal and state level), donor and business community.  Ensure that the Government, international and business community have awareness of IFC’s products and value addition, including investment and advisory products and the standards and requirements.
  • In cooperation with regional management and the strategy teams, support development and execution of the IFC country strategy and WBG Country Partnership Framework. Report on IFC activities in the country for management.
  • Execute the sub-national engagement strategy through active engagement with state level contacts in government and private sector.
  • Develop partnership with WB Country Office and relevant project teams to achieve WBG country goals, including input on Private Sector Development. Identify and encourage opportunities for cooperation within WBG.
  • Support business development for investment projects, engage in project financial analysis with investment teams as an integral member for investment and support portfolio teams for the life of the project. Participate in missions, concept review meetings, and appraisal of projects.
  • Support the advisory teams to monitor progress and performance of projects and to solve potential problems.  Lead technical, legal, regulatory, financial and commercial assessment of advisory transactions.  Support business development for upstream and advisory projects.
  • Identify and help address sponsor reputational risks.
  • Support the Public Private Partnerships Department which provides advisory assistance, primarily to governments, on Private-Sector Participation (PPP) in infrastructure and other public services.  Identify PPP opportunities and participate on project teams to execute PPP transactions.

Selection Criteria

  • MBA or equivalent qualification;
  • Minimum 10 – 12 years’ experience, with at least 6-years of these in senior level experience in business consulting, strategy, project finance and/or infrastructure economics, with good knowledge, networks and proven credibility in the Sub Saharan African business community and governmental organisations and institutions;
  • Strong networks that will enable the candidate to quickly generate constructive relationships within government;
  • Understanding of infrastructure trends and key issues, and experience in working with different infrastructure sub-sectors;
  • Experience working within government or extensively on government projects a plus;
  • Understanding of PPPs and different structures for engaging the private participation in the delivery of infrastructure services;
  • Comfort with extensive travel within Nigeria;
  • Intermediate skills in MS Word, MS Powerpoint and MS Excel;
  • Excellent communication skills in English, both in written and oral; ability to convey ideas and positions clearly; strong presentation skills; Communication skills in French are desirable but not required;
  • Experience in the design, implementation and successful closing of transactions;
  • Motivated and enthusiastic about the opportunities and challenges of working in Sub Saharan Africa to achieve sustainable development.

Location:

  • Required Language(s): English
  • Preferred Language(s): French

Application Closing Date
August 8, 2020 at at 11:59pm UTC

How to Apply
Interested and qualified candidates should:
Click here to apply online

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