Are you ready to take your career to new heights? IFC, a member of the World Bank Group, is looking for a dynamic Investment Officer to join their team this August 2024. This is your chance to be at the forefront of global investment initiatives, working with top-tier professionals to drive sustainable economic development. Don’t miss out on this incredible opportunity! For more details and to apply, visit ajiratimes.com.
The IFC 3.0 strategy aims to stimulate more investment activity across emerging markets, especially in Low Income Countries (LICs) and Fragile and Conflict-Affected States (FCS). This strategy focuses on creating new opportunities for private investments in riskier markets and sectors by proactively working “upstream” to develop, deepen, and expand markets and design and develop potential investment projects. Achieving these growth and impact ambitions at scale requires a different approach to business development, deal sourcing, and client support that relies on:
- A broader product offering to engage earlier in the project cycle and secure opportunities.
- A greater focus on preparing clients in nascent markets and sectors for investment.
- Enhanced value addition and risk management of portfolio investment clients to improve their performance.
- A longer time horizon and a more patient, long-term perspective.
Investment Officer at IFC
To drive this approach, IFC is seeking an Investment Officer to join the Manufacturing, Agribusiness, and Services (MAS) department in the IFC Office in Kigali, Rwanda; Dar es Salaam, Tanzania; Lusaka, Zambia; or Addis Ababa, Ethiopia. The Investment Officer will be responsible for supporting IFC’s efforts to enable investment opportunities, enhance investment outcomes, and improve investment conditions in Agribusiness sectors across the East & Southern Africa subregion.
In this role, the Investment Officer will work closely with Country, Regional, Investment, Upstream, and Advisory teams across the institution to support IFC’s strategic and business objectives.
Duties & Accountabilities
Supporting the identification and assessment of Upstream & Advisory and Investment opportunities based on country and sector strategies and market creation potential. Collaborating with the IFC Investment Services team across countries in the East & Southern Africa subregion to contribute to the development of early-stage project collaborations and co-developments; feasibility studies; and/or pilot projects that lead to investment opportunities in the Agri sector.
Assisting in designing and implementing scalable solutions and platforms that can be replicated across different African markets. Identifying trends, technologies, and business models; and developing innovative solutions to meet client and market needs. Leading client projects end-to-end by regularly monitoring the project’s financial situation, efficiently procuring consultant services, and providing monitoring and reporting information to ensure the delivery of results in accordance with the approved project business and M&E targets.
Preparing project supervision and donor reports, including M&E reports and the required back-up data which confirms the reported results and achievements. Serving as an integral part of the Agribusiness Upstream & Advisory team and supporting Project Leads as needed in providing advice, implementation support, and assistance with project implementation management.
Selection Criteria
Master’s degree or equivalent professional qualification in Business, Finance, Economics, Agribusiness, or another relevant field. Over 8 years of relevant experience in project and/or program development, producing feasibility studies, hands-on advisory and/or consulting functions in emerging markets.
Strong experience in investment banking, private equity, fund management, or related areas with direct involvement in investment transactions. Strong quantitative skills; familiarity with company evaluation and valuation; and proven experience with designing and/or working with financial models.
Investment Officer at IFC
Experience in project/program management, including executing against implementation plans with defined business development milestones. Ability to engage with private sector clients, local and national governments, and other stakeholders to encourage pioneering business and market development.
Proven track record in nurturing client relationships, resolving challenging issues, and dealing sensitively in multi-cultural environments. Demonstrated ability to deliver results under tight timetables; strong organizational, administrative, project, and task management skills.
A genuine commitment to development and to the World Bank Group and IFC’s mission, strategy, and values. Understanding of IFC’s strategic priorities and changing business model against the backdrop of IFC 3.0. Outstanding analytical and critical thinking skills. Strong written and verbal communications skills in English.
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 we 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.
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