Investment Officer - Blended Finance Job #: req34921 Organization: IFC Sector: Investment Grade: GG Term Duration: 4 years 0 months Recruitment Type: International Recruitment Location: Singapore,Singapore Required Language(s): English Preferred Language(s): Closing Date: 11/30/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.
The International Finance Corporation (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 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
Blended Finance is a key tool in the execution of IFC’s 3.0 strategy, Creating Markets. The Blended Finance Department now manages a pool of contributor funds of over $7 billion focused on accelerating IFC’s engagement in the most developmentally impactful areas: IDA and FCS countries, climate, SME, and agriculture. The blended concessional facilities overseen by the Blended Finance team are designed to co-finance investment projects alongside IFC funding, with the aim of addressing market barriers in private sector initiatives. These funds are deployed alongside IFC's own resources, thus enabling IFC to invest in projects that would not otherwise take place without a co-investment on concessional terms.
The Blended Finance team’s role is to optimize the co-investment of funds from contributors, on concessional terms and consider the contributors' risk appetite, and in line with IFC's blended finance approach, governance, and principles. Such concessional funds can accept higher risk / lower return than commercial funds while not providing pure grants.
The Blended Finance – New Business and Portfolio (CBFNP) division sits in the Partnerships & Blended Finance Department. Within this division, there are investment officers that work on blended finance transactions supporting IFC’s regional and industry departments. These blended finance transactions may use different blended finance facilities, including the IDA Private sector Window (PSW), Concessional Capital Window (CCW), the Frontier Opportunities Fund (FOF), and other Blended Finance facilities. The goal of this work is to enable IFC to have a much deeper impact and footprint in the most difficult countries and sectors through blended finance investments.
CBFNP seeks an Investment Officer (IO) to work across industries globally with focus on FIG and MAS and Asia which need blended concessional finance solutions to proceed. Being part of CBFNP, this position will also provide the successful candidate with an opportunity to work across different industry groups and regions within a creative and results-oriented environment. Location will be in Singapore.
Roles & Responsibilities
• Blended finance anchor for FIG and MAS Asia: The /IO/SIO will be the first “port of call” for BF inquiries in FIG and MAS Asia, coordinating with the blended finance global team and providing preliminary advice/response to operation colleagues across industries. He/she is expected to facilitate effective collaboration between blended finance and industry teams.
• Financial structuring: Technical ability to translate risk tolerance of individual contributors across a wide spectrum ranging from Returnable Capital to Consumable Capital to a financial structure and model. Flexibility to dovetail this understanding to financial structuring needed for an investment, which neither the client nor IFC could complete without a Blended Finance co-investment. Ability to structure Blended Finance co-investments in all products, including equity.
• Origination proactiveness: Help project teams put IFC’s best foot forward in front of clients to help origination in areas of strategic importance for IFC investments. Attend relevant pipeline meetings of industry departments.
• Deal processing: Maintain accountability to the Blended Finance Committee with clear, unbiased presentation of the financial and impact rationale of the Blended Finance co-investment(s). Attend appraisals where necessary, especially if the Blended Finance co-investment has significantly different interests from IFC’s own account investment. Attend IRM, pre-IRMs etc. Focus on parallel processing of the Blended Finance co-investment from PDS-Concept to Commitment.
• Supervision: Liaise with project teams to fulfill reporting requirements to contributors (both financial outcomes and impacts). In addition, particularly for projects benefiting from a de-risking tranche from Blended Finance, monitor early warning signals of cascading risks with assistance from the project’s supervision team including on existing projects. Also process disbursements, waivers, amendments pertaining to the Blended Finance co-investment etc.
• Fund-raising: Originate concessional fund-raising efforts to provide color and nuance on projects benefiting from a Blended Finance co-investment.
• Knowledge Management: Build up understanding of the competitive landscape in the region, especially pertaining to the use of Blended Finance co-investments for challenging projects.
Selection Criteria
• MBA or Master's degree, specialization in finance/investment strongly preferred.
• 10+ years relevant experience in working on cross-border emerging market investments with a track record of structuring/executing investment transactions across industries and regions. Equity investment experience is a plus.
• Experience in structuring and processing Blended Finance transactions.
• Keen commercial interest in development financing and strengthening sustainable development using tailored Blended Finance co-investments.
• Familiarity with the application of the DFI Enhanced Blended Finance Principles to Blended Finance co-investments alongside investment on commercial terms from DFIs is key for a successful application.
• Experience with IFC's investment and portfolio management processes, IFC's investment documentation, accounting, and financial statement analysis.
• Understanding of IFC investment practices with knowledge of current issues, challenges and opportunities in implementing blended finance co-investments.
• Strong knowledge of IFC and Blended Finance facilities, products, operations, and IFC’s loan pricing model, preferably also, its approach to blending concessional finance alongside IFC's investments for its own account.
• Track record of donor engagements and fundraising experience for blended finance, including negotiation of donor contributions, a plus.
• Clarity in the presentation and delivery of information, and adaptability to work well under time and workload pressure with minimal supervision.
• Ability to manage and complete multiple projects simultaneously and to meet deadlines under pressure.
• Excellent written and verbal communication skills in English.
WBG Culture Attributes:
1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.
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.
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