World Bank Investment Officer Job in Lagos.

World Bank Investment Officer Job in Lagos.

IFC is the largest global development institution focused on the private sector in developing countries. IFC, a member of the World Bank Group, advances economic development and improves the lives of people by encouraging the growth of the private sector in developing countries. They achieved this by creating new markets, mobilizing other investors, and sharing expertise. In doing so, we create jobs and raise living standards, especially for the poor and vulnerable. Our work supports the World Bank Group’s twin goals of ending extreme poverty and boosting shared prosperity.

IFC was founded in 1956 on a bold idea: that the private sector has the potential to transform developing countries. Since then we’ve expanded to more than 100 countries, coining the term “emerging markets” and pioneering new markets such as sustainable bonds.

Organization: IFC

Sector: Investment

Grade: GF

Term Duration: 3 years 0 months

Recruitment Type: Local Recruitment

Location: Lagos, Nigeria

Required Language(s): English

Closing Date: 12/4/2022 (MM/DD/YYYY) at 11:59pm UTC

World Bank Investment Officer Job in Lagos.

Duties and Responsibilities:

The Investment Officer will identify new investment opportunities, execute transactions, and actively manage portfolio projects predominantly in Nigeria.

• Business Development: Gather market intelligence, source and assess opportunities, anticipate market trends, and by employing sector/country knowledge identify bankable projects then synthesize information into internal reports for decision-making purposes. S/he will also support the development of client strategies and pitchbooks.
• Structuring and Negotiation: Evaluate, structure, negotiate, and close new debt and equity transactions, portfolio restructurings, capital increases, equity sales, etc. This shall include performing credit and risk assessments, financial projections, covenant compliance reviews (debt), and general supervision.
• Deal Execution and Transaction Management: Lead straightforward investment transactions incorporating lessons learned from IFC’s earlier investments, portfolio management or advisory mandates. Deliver all transactions and accountabilities of the role efficiently, on a timely and expeditious basis and using best practice standards. Ensure that defined transactional requirements recorded in documentation are executed accordingly. Monitor the portfolio and report development results internally and externally. Coordinate closely with social, environmental, legal, and technical assistance colleagues in structuring transactions, to add value to our clients’ businesses, find pragmatic solutions to project and sector challenges, and achieve sustainable development impact.
• Strategy Development and Knowledge Sharing: Contribute to drafting strategies for sectors, countries, or regions for business development; and develop and execute strategies for more complex client engagements with the objective of building a robust investment pipeline. Build IFC’s knowledge base for best practices and participate in knowledge sharing and dissemination. Initiate collaboration and share expertise as a subject-matter expert, providing advice, peer review and contribution to knowledge products across WBG to strengthen internal and/or external client solutions. Promoting the IFC brand and representing IFC at various conferences and workshops.
• Coordination with WBG: Support World Bank and MIGA colleagues on sector reform and unblocking constraints to attracting private sector capital.
• Mentoring and coaching: Mentor and coach junior team members to help build talent and grow the skill base of staff.

Selection Criteria

• Master’s degree in finance or similar relevant education.
• At least 6 years of relevant professional experience in a development finance institution, investment/corporate banking, project finance, infrastructure project development, and/or equity investing.
• Strong analytical and financial structuring skills (including financial modeling experience) and sound business judgement.
• Proven track-record of sourcing, structuring, and closing private investment projects in infrastructure sectors, ideally including investments in Africa.
• Strong business development and client relationship skills demonstrated by track record; sound business judgement in screening and identifying leads.
• Broad understanding of infrastructure sectors such as power, transportation, water & and sanitation, natural resources, telecom/technology, industry drivers, latest trends and changes, and standard market transaction arrangements; deep knowledge within one of the infrastructure sectors and understanding of infrastructure challenges faced by countries within the region are highly desirable.
• Appreciation of legal, technical, environmental, social, and other considerations in project and corporate finance.
• Project finance and equity investment experience is essential; strong credit skills backed by references and deal sheet; demonstrated ability to structure complex debt and equity transactions.
• Track record of portfolio supervision of complex projects.
• The position requires regional and international travel; hence, the candidate should be willing and open to travel.
• Excellent verbal and written communication skills in English.
• Strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds.
• Proactive, self-motivated, and well-organized.
• Genuine commitment to sustainable development.

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.

World Bank Investment Officer Job in Lagos.