Investment Officer, Trade Finance, Brazil Job #: req32613 Organization: IFC Sector: Investment Grade: GF Term Duration: 3 years 0 months Recruitment Type: Local Recruitment Location: Sao Paulo,Brazil Required Language(s): English, Portuguese Preferred Language(s): Spanish Closing Date: 4/9/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
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 over 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. For more information, visit www.ifc.org.
The Trade and Supply Chain Finance Department (CTS) is one of the industry groups at IFC, with both investment and advisory services delivered to IFC’s clients through IFC’s global network. IFC's priorities in Trade are: (i) grow investment and advisory solutions in all regions it operates in, while achieving strong profitability and development impact (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.
Duties and Accountabilities
The Investment Officer is expected to:
• Maintain contacts with GTFP Issuing Banks and stay abreast of market development to manage risks in the portfolio;
• Originate and execute trade finance transactions with Issuing Banks under IFC’s Global Trade Finance Program (GTFP) in Latin America by connecting with regional and global GTFP Confirming Banks;
• Monitor and execute daily trade finance transactions in Latin America, facilitate timely processing of amendments and cancellations by working closely with the GTFP Operations team; Monitor trade lines and ensure that transactions are consistent with all corporate guidelines, including the trade operational guidelines; Track program activities by using IFC’s corporate systems and prepare reports as needed;
• Develop and process new business leads (under Regional Lead supervision) that includes supply chain finance facilities with regional clients, commodity financing, and the portfolio-based Global Trade Liquidity Program, and support all other tasks requested by the Regional Lead for existing or pipeline of the trade finance programs.
Selection Criteria
• MBA, Master’s degree in Finance or equivalent.
• At least 7 years of experience in trade finance with an international commercial bank or other financial institution.
• Extensive knowledge of commercial banking products and services, experience in correspondent banking relationships and international trade products.
• Knowledge of corporate trade finance and supply chain finance related products.
• Strong financial and credit skills along with analytical ability.
• Strong teamwork and organizational skills.
• Strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds.
• Excellent verbal and written communications skills in English and Portuguese.
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.