Associate Investment Officer | Johannesburg, ZA

Associate Investment Officer

International Finance Corporation Johannesburg, South Africa

Job #: req31198
Organization: IFC
Sector: Investment
Grade: GF
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment
Location: Johannesburg, South Africa
Required Language(s): English
Closing Date: 1/28/2025 (MM/DD/YYYY) at 11:59pm UTC

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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.

The Manufacturing, Agribusiness and Services (MAS) Africa Department is recruiting an Associate Investment Officer (AIO) to join the Manufacturing and Services team, which is responsible for sourcing and executing investment transactions in these sectors. The AIO will be based in Johannesburg (South Africa) and will report to the Regional Industry Manager for Services for Eastern and Southern Africa.

Role & Responsibilities
The AIO will work closely with colleagues in the team, region and in Washington, DC, on business development, transaction execution, portfolio supervision, and client relationship management in manufacturing and services sectors. The responsibilities include but are not limited to:

1. Support business development by identifying potential investment partners and opportunities based on industry experience, reputation, market potential, financial capability, and strategic fit.
2. Assess the attractiveness of specific investment opportunities with a strong focus on credit quality and development impact, as a part of the team, and make recommendations to IFC's management.
3. Support the execution of loan, equity, and mezzanine financings including processing mandates, conduct due diligence, structuring deals, negotiate terms and documentation, arrange syndications, and process internal approvals.
4. Work closely across departments to support the development and implementation of relevant sector strategies (including country strategies, SCDs, CPSDs, etc).
5. Work closely with IFC's specialists to manage environmental, social, technical, legal, insurance, corporate governance, and other risks in projects and champion IFC's sustainability offerings to clients.
6. Handle portfolio management of assigned projects in a timely manner.
7. Monitor clients' compliance with the terms of investment agreements, prepare timely supervision reports, identify early warning signs, and, when necessary, formulate/implement strategies for workouts, restructurings or rescheduling.
8. Provide high quality client service throughout the project cycle from transaction sourcing, execution to supervision.

Selection Criteria
• MBA, Master's degree in Finance or equivalent;
• At least 5+ years of work experience for a major commercial or investment bank with significant emerging markets presence, an international financial institution or a private equity firm;
• Experience in investment transaction, with proven success in developing client relationships as well as sourcing, negotiating, structuring and closing quality investments;
• Knowledge of and experience in emerging markets a plus (particularly in Africa);
• Strong business judgment in identifying potential business partners;
• Strong financial and credit skills; sound business judgment and demonstrated ability to structure a variety of financial instruments (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;
• Excellent organizational, administrative, and time management skills;
• Proven ability to work independently and deliver promptly and efficiently under pressure and meet tight deadlines;
• Willingness to travel extensively and geographic flexibility;
• Excellent verbal and written communication skills in English, fluency in other languages a plus.

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.