Senior Investment Officer - Financial Institutions Group

Job Posting Organization:
The International Finance Corporation (IFC) is a member of the World Bank Group and is recognized as the largest global development institution focused on the private sector in emerging markets. Established to foster economic development, IFC operates in over 100 countries, leveraging its capital, expertise, and influence to create markets and opportunities. The organization's mission is to utilize the power of the private sector to eradicate extreme poverty and promote shared prosperity on a livable planet. IFC's commitment to sustainable economic development is evident in its diverse operations and initiatives aimed at enhancing financial inclusion and economic growth in client countries. For more information, visit www.ifc.org.

Job Overview:
The Senior Investment Officer (SIO) position within the Financial Institutions Group (FIG) at IFC is a critical role that involves engaging with the financial sector to drive investment opportunities and enhance financial inclusion across Africa. The SIO will be responsible for originating, managing, and monitoring IFC’s financial sector investments, which are vital for the institutions' regional expansion. This role requires a deep understanding of local markets and industry dynamics, as well as the ability to build strong relationships with clients and stakeholders. The SIO will report to the FIG Regional Industry Manager and will play a key role in developing innovative financial structures and leading investment transactions. The position demands excellent communication skills in English, with proficiency in French being a significant advantage.

Duties and Responsibilities:
The duties and responsibilities of the Senior Investment Officer include: developing a robust pipeline of high-quality investment opportunities through proactive origination and business development; building and maintaining strong relationships with existing and potential clients, investors, and key stakeholders in the financial sector; mobilizing other investors alongside IFC; engaging with mid and senior-level clients to understand their business directions and challenges; leading investment transactions and incorporating lessons learned from previous investments; supporting upstream initiatives to unlock constraints to financial sector growth; evaluating, structuring, negotiating, and closing new transactions; mentoring and coaching junior staff; coordinating with social, environmental, governance, and technical assistance colleagues; monitoring complex portfolio projects; reviewing and analyzing financial performance of clients; and ensuring quality of portfolio reporting information prepared by junior staff.

Required Qualifications:
Candidates must possess a Master's degree in finance or a similar relevant field, with additional accreditation as a CFA or CPA considered a plus. A minimum of 10-14 years of relevant experience in the financial sector is required, including a solid operational understanding of commercial banks and other financial entities in Africa. Candidates should demonstrate a strong network of top-level contacts in the financial services and investment industries, along with documented experience in identifying, evaluating, structuring, and negotiating private debt and equity investments. Strong problem-solving and negotiation skills, the ability to work effectively under pressure, and the capacity to manage conflicting priorities are essential. Candidates should also have the ability to build and maintain relationships with business communities and governmental authorities, as well as excellent verbal and written communication skills in English, with French being a plus.

Educational Background:
The educational background required for this position includes a Master's degree in finance or a related field. Additional qualifications such as CFA or CPA accreditation are advantageous and demonstrate a higher level of expertise in financial management and investment analysis.

Experience:
The position requires at least 10-14 years of relevant experience in the financial sector. This experience should encompass a comprehensive understanding of commercial banking operations and other financial entities within the African context. Candidates should have a proven track record in investment management, including experience in portfolio management and the ability to navigate complex financial transactions.

Languages:
Fluency in English is mandatory for this position, as excellent verbal and written communication skills are essential for effective client engagement and reporting. Proficiency in French is considered a significant advantage, as it enhances the ability to communicate with a broader range of stakeholders in the region.

Additional Notes:
This position is a full-time role with a contract duration of 3 years. It involves international recruitment, indicating that candidates from various countries are encouraged to apply. The role may require travel to different regions in Africa, adhering to safety standards set by the World Bank. The World Bank Group offers a comprehensive benefits package, including a retirement plan, medical, life and disability insurance, and paid leave, including parental leave. The organization is committed to diversity and inclusion, ensuring equal opportunities for all employees.