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 developing countries. The Bank Group has set two goals for the world to achieve by 2030: end extreme poverty and promote shared prosperity in every country.
We are recruiting to fill the position below:
Job Title: Investment Analyst
Job Ref.: req30439 Locations: Abuja and Lagos
Job type: Full-time
Grade: GE
Sector: Investment
Term Duration: 3 years 0 months
Description
IFC’s Transaction Advisory Services Department (CTA) is housed in the IFC Cross Cutting Solutions Vice Presidency (CCSVPU) and consists of two business lines:
PPP Transaction Advisory (C3P) offers transaction advisory services to governments, designing and structuring PPP transactions in infrastructure with focus on electricity, water, transportation, telecommunications, etc. and social services such as health and education, to assist client governments to partner with the private sector in sustainable long-term projects providing high quality, affordable and efficient public and social services to economic agents and the population, in general.
Corporate Finance Services (CFS) has three key product offerings: (1) M&A Advisory: advising on buy-side / sell-side transactions; (2) Equity Mobilization Program (EMP): supporting third party equity mobilization alongside IFC investment; (3) Asset monetization involving listed or listing public entities.
CTA mobilized $4.7B of private investment in FY24 and has a target of $5.9B for FY25 which translates into almost 25% of IFC’s total core mobilization. Drawing on over 25 years of experience and over 120 staff across the globe, CTA manages currently over 100 active client engagements. Africa has 25 to 30 staff distributed in five regional hubs located in Johannesburg, Nairobi, Dakar, Cairo, and Abuja/Lagos.
The CTA department is expected to continue playing a leading role in mobilizing private capital on behalf of the WBG.
The CTAPP department is looking to recruit an Investment Analyst (IA) for the Central Africa (CA) hub who will support the regional team and management in the business development and the whole PPP transaction process of IFC acting as Lead Transaction Advisor.
The IA will work under the supervision of the CA Hub Lead, with a focus on Central Africa, and beyond in the wider region, depending on business needs.
The Central Africa Region covers 10 countries, namely Nigeria, Ghana, Liberia, Sierra Leone, Cameroon, Republic of Congo, Gabon, Central Africa Republic, Equatorial Guinea, and Sao Tome & Principe.
The PPP team focuses on advising on the following types of transactions across all infrastructure sectors:
Public-Private Partnerships e.g. BOT type concessions.
Restructuring and privatization of state-owned enterprises.
Corporate Finance type activities (equity raising, M&A, pre-IPO support).
Both origination activities and the preparation work of complex PPP transactions often require close collaboration with the World Bank to ensure consistent country strategies and, if needed, access to expertise in institutional and sector reforms, as well as development of legal and regulatory frameworks including tariff structures.
The position is based in Abuja/Lagos, Nigeria and reports to the Hub Lead Central Africa for PPP Transaction Advisory Services, and the Regional Manager for PPP Transaction Advisory Services in Africa.
Role & Responsibilities
The Investment Analyst will work closely with team leaders as part of the project team to assist in the origination, due diligence, structuring, negotiation, and bidding of infrastructure projects.
Duties will include, but will not be limited to:
Contribute to origination and marketing activities including preparation of pitch books and proposals;
Prepare memos and documentation for internal approval and consultant procurement processes;
Perform financial analysis and modeling;
Assist in due diligence, management of consultants, review of legal, commercial, and technical outputs and documentation and preparation of transaction structuring reports,
Assist in the preparation of information memorandums, pre-qualification, and tender documentation;
Assist in marketing to potential investors, assisting the client in the organization and management of international competitive tenders and commercial/financial closure;
When needed, coordinate closely with other parts of IFC including environmental and social, legal, other advisory and investment departments as well as World Bank colleagues to provide solutions to clients, so that the PPP Projects achieve sustainable development impact;
Participate in meetings with government clients and investors; and
Assist in other projects or strategy-related activities as the need may arise (research, reporting, etc.).
Selection Criteria
Undergraduate / Graduate Degree in Finance or Accounting or a related specialty from a reputed university;
Solid and relevant experience of a minimum of two years gained in the IFC investment side or another leading financial institution either in project finance, corporate finance, M&A, privatizations, or private equity funds in infrastructure;
Strong financial modeling skills;
Strong analytical and conceptual skills and ability to communicate ideas clearly and confidently
Good presentation skills both written and oral;
Willingness and ability to travel on short notice and frequently, as required; and
Excellent oral and written communication skills in English, and preference for Portuguese language.
Application Closing Date
29th November, 2024 at 11:59pm UTC