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.
The Latin America and the Caribbean (‘LAC’) Infrastructure Portfolio Unit (CN6), an open and dynamic unit which supervises approximately 70 clients, is seeking for a Senior Investment Officer ('SIO') to join our team. The selected candidate will be based in Santiago, Chile and will work under the oversight of the Regional Industry Manager, Infrastructure and Natural Resources, Brazil, Southern Cone, Peru, Ecuador, and Bolivia. IFC Investment Officers are an integral part of multidisciplinary teams of highly qualified professionals who have expertise in the regions and or sectors in which we do business. Investment teams consist of lawyers, environmental and social specialists, and economists, as well as technical specialists.:
The SIO's primary responsibilities will be to: (i) work with other team members to generate, structure and negotiate solid and well balanced investments; (ii) evaluate, structure, negotiate, new equity transactions, portfolio restructurings, rescheduling, capital increases, equity sales, etc.; (iii) coordinate closely with social, environmental, and advisory services colleagues in order to add value to clients' businesses, and achieve sustainable development impact; and (iv) provide support and guidance to teams processing investments.
ROLES AND RESPONSIBILITIES:
• Contributing to development of a strong pipeline of good quality investment opportunities by anticipating market trends, employing sector country knowledge and sourcing new innovation/technology providers.
• Evaluate, structure, negotiate, and close new transactions, portfolio restructurings, rescheduling, capital increases, equity sales, etc.
• Develop innovative and appropriate financial structures for complex transactions. Execute IFC s project development investments with a strong focus on achieving bankable projects.
• Participate in negotiation documentation teams; use strong negotiation skills to develop solutions and overcome impasses in straightforward and complex transactions.
• Maintain and nurture good relationships with existing clients and develop new partnerships with clients with technological and innovative added value required to fulfill IFC’s mandate. Understand and proactively manage client needs while looking out for IFC's interest.
• Liaise with support departments such as Legal, Credit and Environment & Social to ensure the existing projects are adhering to IFC's policies and standards.
• Understand and apply IFC's Operational Procedures and New Business Operations and Supervision processes Independently process disbursements, waivers and other ongoing project related activities.
• Prepare quarterly internal supervision reports for the assigned projects.
• Monitor and ensure compliance of existing investments with the investment agreements.
• Effectively value existing equity investments.
• Identify early warning signals for the assigned projects and where necessary, formulate and implement intervention strategies for work-outs, restructuring or rescheduling.
• Monitor equity holdings and develop and implement sales strategies to maximize IFC's return and development impact.
• Ensure any downside risk is mitigated via relevant strategies, appropriate management actions, or through use of market-based risk management instruments and strategies.
• Identify opportunities for further business with existing clients in the areas of investment, technical assistance activities (e.g., sustainability) and financial services (e.g., clean technology).
• Conduct sector and market research and assist in the preparation of country and sector strategy papers, briefs, and project profiles. This would require working closely with the World Bank country and sector teams Extract and feedback lessons of experience from IFC's earlier investments.
Selection Criteria
• MBA, Masters Degree in Finance, Economics, Business Administration, Industrial Engineering or Equivalent.
• At least 12-15 years of work experience of which at least 8-10 years for a major commercial or investment bank with significant emerging markets presence, a development finance institution (DFI), an international financial institution, a private equity firm or a development organization with tasks related to private sector financing and development.
• Experience in portfolio supervision and/or investment transaction, with proven success in developing client relationships as well as sourcing, negotiating, structuring and closing quality investments.
• Knowledge of the Infra core sectors (power, transportations, utilities); equity investment and/or project finance is preferred; investment transaction and/or portfolio experience in the Infra sectors in LAC would be a plus.
• Knowledge of and experience in emerging markets.
• Sound business judgment in identifying potential business partners.
• Strong financial and credit skills; demonstrated ability to structure a variety of complex financial instruments (debt and equity).
• Strong financial and credit skills; sound business judgment and demonstrated ability to structure a variety of financial instruments (e.g. 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.
• Highly motivated, committed to highest ethical standards.
• Genuine commitment to sustainable development, IFC’s mission, strategy and values.
• Excellent organizational, administrative, and time management skills with proven ability to work promptly and efficiently under pressure and meet tight deadlines.
• Willingness and ability to travel on short notice as required.
• Excellent verbal and written communication skills in English and Spanish.
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.
This vacancy is archived.