International Finance Corporation (IFC)
Position: Associate Investment Officer
Industry: Company International Development / Finance
Employment Type: Full-Time
Placement: Lagos, Lagos State
Table of Contents
Job Description
International Finance Corporation (IFC) is seeking candidates for a position in Associate Investment Officer based in Lagos, Lagos State. If you are interested in this opportunity, please review the details below.
The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. With operations in over one hundred countries, IFC leverages its capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43.7 billion to private companies and financial institutions in developing countries, aiming to end extreme poverty and boost shared prosperity.
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 is designed to create new opportunities for private investments in riskier markets and sectors by proactively working "upstream" to create, deepen, and expand markets and design and develop potential investment projects.
To support this approach, IFC is seeking an Upstream Associate/Investment Officer to join the Manufacturing, Agribusiness, and Services (MAS) department in the IFC Office in Lagos, Nigeria. The Upstream Associate/Investment Officer will be responsible for sourcing and executing investment transactions in the MAS sectors, enhancing investment outcomes, and improving investment conditions in the MAS sectors in Nigeria and across the Anglophone West and Central Africa region (Cameroon and Central Africa).
In this role, the Upstream Associate/Investment Officer will work closely with Country, Regional, Investment, Upstream & Advisory teams across the institution to support IFC's strategic and business objectives. This position will report to the Upstream Agribusiness Hub Lead for North Africa, with secondary reporting to the Upstream Manufacturing and Services Lead for North Africa.
Job Detail
Responsibilities
- Support the identification and assessment of Upstream & Advisory and Investment opportunities based on country and sector strategies and market creation potential.
- Conduct market mapping, comparator sector analysis, and company financial projections/models.
- Analyze historical and projected financial statements of companies within the sector.
- Support in various aspects of business development including writing concept notes, preparing budgets, and brief presentations.
- Assist with overall portfolio management, planning, and monitoring of results and deliverables.
- Maintain a good working knowledge of IFC's MAS product offering.
- Work closely with the IFC Investment Services team across Nigeria and the Central African region.
- Assist in designing and implementing scalable solutions and platforms for different African markets.
- Interact effectively with an extensive network of contacts and respond to inquiries.
- Identify trends, technologies, and business models to develop innovative solutions.
- Lead client projects end-to-end including monitoring financial situations and providing monitoring and reporting information.
- Prepare project supervision and donor reports, including M&E reports.
- Develop strong relations with internal clients, other WBG units, and development partners.
Job Requirements
Before applying, please take the time to thoroughly review and comprehend the job requirements outlined below. Ensuring that you meet all the specified criteria will significantly enhance your candidacy for the Associate Investment Officer position at International Finance Corporation (IFC):
Qualifications
- Master's degree or equivalent professional qualification in Business, Finance, Economics, or another relevant field.
- 7-8 years of relevant experience in project and/or program development.
- Strong experience in investment banking, private equity, fund management, or related areas.
- Strong quantitative skills and familiarity with company evaluation and valuation.
- Experience in project/program management, including executing implementation plans.
- Ability to engage with private sector clients, local and national governments, and other stakeholders.
- Proven track record in nurturing client relationships and resolving challenging issues.
- Demonstrated ability to deliver results under tight timetables.
- 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.
Education Requirements
- Master's degree or equivalent professional qualification in Business, Finance, Economics, or another relevant field.
Experience Requirements
- 7-8 years of relevant experience in project and/or program development.
- Experience in investment banking, private equity, fund management, or related areas.
- Experience in project/program management.
Skills
- Strong quantitative skills
- Familiarity with company evaluation and valuation
- Experience with financial models
- Project/program management skills
- Ability to engage with stakeholders
- Client relationship management
- Strong organizational skills
- Analytical and critical thinking skills
- Strong communication skills
Salary, Benefits and incentive
Provided below are the offerings in terms of salary, benefits, and incentives awaiting you in the role of Associate Investment Officer at International Finance Corporation (IFC):
Salary
USD 75,000 - 120,000 per-Month.
Job Benefits
- Retirement plan
- Medical, life, and disability insurance
- Paid leave, including parental leave
- Reasonable accommodations for individuals with disabilities
Incentive Compensation
- Performance-based bonuses
Date posted: June 24, 2024
Posted on: Lagos
Apply
To apply for the Associate Investment Officer position at International Finance Corporation (IFC), please click the button below:
Apply NowThe role is pivotal for driving IFC's mission to stimulate investment activity and create opportunities in emerging markets, particularly in high-risk sectors and regions. The successful candidate will be a key player in fostering private sector development and improving economic conditions in the targeted areas.
