Manager, Investment Valuation

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 by promoting private sector investment, IFC operates in over 100 countries worldwide. The organization leverages its capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71 billion to private companies and financial institutions in developing countries, demonstrating its commitment to mobilizing private capital and creating a world free of poverty on a livable planet. For more information, visit www.ifc.org.

Job Overview:
The Manager for the Investment Valuation unit at IFC will play a crucial role in overseeing the second-line fair valuation function of IFC’s investments portfolio, which includes emerging markets equity, funds, and debt products totaling approximately $27 billion. This position is based in Washington DC and reports directly to the Vice President and Chief Risk Officer. The Manager will lead a team of around 14 professionals, ensuring that the team is high-performing and aligned with IFC’s strategic goals. The role requires a deep understanding of emerging markets, financial instruments, and best practices in valuation, as well as the ability to collaborate effectively with various teams across IFC’s global network. The successful candidate will be responsible for delivering quarterly valuations, ensuring compliance with governance frameworks, and developing valuation frameworks and policies in coordination with other stakeholders.

Duties and Responsibilities:
The Manager will lead and manage the valuation team, ensuring high performance and motivation among team members. Key responsibilities include:

• Leading the delivery of quarterly valuations for the IFC investment portfolio and preparing presentations for relevant approval committees.
• Ensuring independent assessment of equity and debt valuations prepared by investment portfolio managers, challenging assumptions, and ensuring final valuations reflect IFC’s best estimates.
• Maintaining consistency in valuation assumptions and methodologies across the portfolio.
• Coordinating with the Investment Credit Equity unit (CIREQ) to ensure that material impacts to investments are accurately reflected in valuations.
• Developing training materials and knowledge management resources related to equity and debt valuations.
• Building strong relationships with first-line valuation functions and other stakeholders.
• Mentoring and developing valuation staff, and providing administrative and HR management oversight.

Required Qualifications:
Candidates must possess a Master's degree in business, finance, or a related field, along with a minimum of 12 years of relevant experience in emerging markets equity and debt valuation. Proven experience in managing relationships with external auditors and operating under pressure is essential. Candidates should demonstrate strong financial skills, particularly in handling complex debt and equity valuations, and have established experience managing a second-line valuation function. Strong verbal and written communication skills are required, along with solid knowledge of valuation systems and the ability to interface with IT teams.

Educational Background:
A Master's degree in business, finance, or an equivalent qualification is required for this position. This educational background is essential to ensure that the candidate has the necessary theoretical knowledge and analytical skills to perform complex valuations and manage a high-performing team effectively.

Experience:
The position requires a minimum of 12 years of relevant experience in the field of emerging markets equity and debt valuation. Candidates should have a proven track record of managing valuation functions and relationships with first-line functions, demonstrating the ability to balance challenges and deliver results under pressure.

Languages:
The mandatory language for this position is English. Proficiency in additional languages may be considered an asset but is not explicitly required.

Additional Notes:
This position is a full-time role with a contract duration of 4 years. It involves international recruitment, indicating that candidates from various countries are encouraged to apply. 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 candidates regardless of gender, religion, race, ethnicity, sexual orientation, or disability.