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Investment Officer - Financial Markets/Africa- Dakar, Senegal-

Job #: 112405
Title: Investment Officer - Financial Markets/Africa
Job Stream: Investment
Location: Dakar, Senegal
Closing Date: 01/09/2012


Background / General description:
IFC, the private sector arm of the World Bank Group, is the largest multilateral provider of financing for private enterprise in emerging markets. IFC provides loans, equity, structured finance and risk management tools as well as advisory services to build the private sector in developing countries. IFC invests in private sector projects that are financially and economically viable and have a substantial development impact. The Corporation is headquartered in Washington, D.C. It has three hubs in Sub-Saharan Africa (Johannesburg, Dakar, Nairobi) and several field offices. The Financial Markets Department, one of IFC’s several industry departments, supports projects in numerous financial subsectors, builds local financial institutions, develops local equity and debt markets and introduces new financing instruments. The goal is to develop efficient financial systems that will fuel economic growth in client countries and enhance IFC’s developmental impact. The Financial Markets Department is recruiting an investment officer to join the Investment and Portfolio Team, which originates, manages and monitors IFC’s financial sector investments in Sub-Saharan Africa. The investment officer will report to the Financial Markets Manager, Sub-Saharan Africa.

Duties and Accountabilities:
Lead the identification, appraisal, structuring and negotiation of financial sector investments. Review, analyze and monitor the financial and operating performance of clients; prepare quarterly risk ratings, annual supervision and other management reports. Handle disbursements, waivers and complex client interactions such as restructurings; monitor and value equity investments and recommend/execute the sale of holdings. Handle client relationships and provide insight into sector developments in client countries to anticipate new investment opportunities and/or performance issues. Prepare country strategy papers, briefs and project profiles.

Selection Criteria:
MBA or equivalent degree with specialization in finance. 6+ years of relevant experience in the financial sector, including a solid operational understanding of commercial banks and other financial entities in emerging markets. Clear experience and expertise in identifying, evaluating, structuring and negotiating debt and equity transactions; experience in portfolio management. Sound business judgment and strong problem solving/negotiation skills, as well as ability to work effectively on simultaneous projects under time pressure. Excellent verbal and written communication skills in English and French; Portuguese a plus. A keen interest in development finance and working in a multicultural environment. The position requires regional and international travel. Women are particularly encouraged to apply.

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