World Bank Group - The International Finance Corporation (IFC), a sister organization of the World Bank and member of the World Bank Group is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In fiscal year 2018, we delivered more than $23 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity.
We are recruiting to fill the position below:
Job Title: Investment Analyst - INFRA - Africa/MENA
Job #: req3831
Location: Lagos, Nigeria
Grade: GE
Sector: Investment
Term Duration: 2 years 0 months
Recruitment Type: Local Recruitment
Baground
- IFC - a sister organization of the World Bank and member of the World Bank Group - is the largest global development institution focused on the private sector in emerging markets. We work with more than 2,000 businesses worldwide, using our capital, expertise, and influence to create markets and opportunities in the toughest areas of the world. In fiscal year 2018, we delivered more than $23 billion in long-term financing for developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity.
- IFC has embarked on an ambitious new strategy to stimulate more investment activity by Creating Markets, including in Low Income Countries (LICs) and Fragile and Conflict Situations (FCS). This new strategy requires a shift in our approach to proactively create, deepen and expand markets and projects rather than waiting for clients to propose projects for IFC to finance. This strategy also relies on upstream work with Governments and World Bank colleagues to enable private sector solutions and financing. We call this approach the “Cascade.” Working with clients, we will first seek private sector solutions to address development challenges, where such solutions are advisable and can be effective, and reserve public financing for projects only when other options are suboptimal.
- Infrastructure is one of IFC's strategic priorities. IFC's focus in the sector is on:
- Increasing access to basic infrastructure services;
- Supporting local companies, while improving transparency and corporate governance;
- Exploring new equity investment opportunities and catalyzing foreign direct investments, including co-investments and mobilizing syndicated and parallel loans;
- Introducing and developing new financial products including through Public Private Partnerships; and
- Building long-term partnerships with strong regional players.
- The position can be based in one of the following offices Nairobi, Kenya, Johannesburg, South Africa, Lagos, Nigeria, Amman, Jordan, Cairo, Egypt, Addis Ababa, Ethiopia
- IFC recruits investment analysts globally on two-year term contracts extendable to a maximum of four years. Upon completion of their contracts, investment analysts typically leave to pursue a graduate degree or additional work experience.
Duties & Accountabilities
- Ability to conduct market and industry research and analysis.
- Ability to demonstrate attention to detail, thoughtful scenario analysis, and diligence in the quality of one’s own work.
- Fully understands the financial aspects of investment or advisory transactions, including how to conduct market analysis and determine financial soundness of company or project opportunity.
- Demonstrated skill in financial statement analysis, accounting, finance, financial modeling, DCF, and comparable company analysis to support informed decision making.
- Ability to analyze and synthesize debt pricing benchmarks and equity trading comparables.
- Basic understanding of how specific investments or advisory transactions in different industries and sectors impact economic, market, and social development, and how to use mapping methodology to assess market conditions, gaps, and business opportunities.
- Identify data collection needs to support the assessment of financial, operational, development impact, and market information as well as relevant ES&G matters. Coordinate with the client to obtain needed information.
- Demonstrates active listening skills by being attentive and listening to others in order to identify client and stakeholder needs.
- Able to distill and summarize large amounts of information from various sources to prepare business documents and presentations.
- Able to write in a logical and comprehensive, yet concise manner.
- Able to utilize graphics and tables to effectively and creatively present data.
- Extract lessons of IFC’s earlier investments or advisory mandates and other evaluative work as relevant to provide input to the structuring of straightforward transactions
Selection Criteria
- Bachelor's or equivalent degree;
- Up to 3 years work experience in a financial institution, particularly in investment projects;
- Ability to develop complex financial models;
- Keen interest in development finance and multicultural environments;
- Highly motivated, committed to highest ethical standard, ability to work successfully in multicultural teams and across boundaries;
- Strong knowledge of financial markets;
- Strong analytical and conceptual skills including corporate/project finance;
- Ability to communicate clearly and concisely both orally and in writing;
- Fluency in English required, proficiency in additional languages is preferred.
Application Closing Date
14th August, 2019. (Time: 11:59pm UTC)
How to Apply
Interested and qualified candidates should:
Click here to apply online
Note: The World Bank Group values diversity and encourages all qualified candidates who are nationals of World Bank Group member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Sub-Saharan African nationals, Caribbean nationals, and female candidates are strongly encouraged to apply.