Description
IFC - a member of the World Bank Group - is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, visit www.ifc.org.
The Financial Institution Group (FIG) is one of IFC’s key Departments responsible for a significant portion of IFC’s business volume, profitability and development reach, approximately 40%. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas, with both investment and advisory services delivered globally to IFC’s clients through IFC’s global network. FIG has three main objectives: 1) financial inclusion 2) servicing the real economy and 3) mobilizing third-party resources.
FIG’s East Asia team is based across the region with main hubs and offices in Singapore, Bangkok, Jakarta, Manila, Beijing and Hanoi. The team members work on both new business development and portfolio management across the region. With a diverse network of markets, the pipeline of new transactions ranges from investing fresh equity in financial institutions to structured finance products which help develop local capital markets.
FIG East Asia Regional Industry Team is seeking an Associate Investment Officer with significant market and industry experience to help grow its business across the region with emphasis on the Philippines.
Roles and Responsibilities
• Analyze operational and financial performance as well as credit and integrity risks of potential clients and projects.
• Collaborate in developing client strategies, engagement plans and pitchbooks.
• Collect financial and operational information from clients, research pricing information, research policies, and procedures.
• Build complex financial models, perform due diligence and financial analysis, and/or provide quality control over financial analysis and projections developed by an analyst to evaluate benefits and risks of straightforward transactions.
• Draft memos and concept notes for investments. Independently handle waivers, amendments, and ESAM for portfolio projects (in coordination with relevant departments) under the general supervision of senior investment officer.
• Engage with mid-sized clients of straightforward projects to understand their business directions and challenges that may lead to new opportunities, and support design of client engagement plans, as applicable.
• Monitor macroeconomic indicators of sector and country market conditions as well as social and political information that are relevant to assigned portfolio.
• Perform credit and risk assessments, financial projections, covenant compliance reviews (debt), and monitor changes to flag risks in the portfolio.
• Perform assessment of project development impact and articulate realization of AIMM story and market creation impact, if any.
• Prepare investment committee or advisory committee materials for transactions, ensuring adequate applicability of IFC’s policies and procedures.
• Coordinate with internal stakeholders (legal, ES&G, economists, and sector specialists) to identify ways to strengthen development impact and financial sustainability of projects.
• Responsible for doing rating reviews of loan loss reserve on a quarterly basis for the overall assigned portfolio. Run models for equity valuations to determine the need to modify exit strategy.
• Structure straightforward transactions to add value to clients and mitigate risks, taking into consideration lessons learned from earlier transactions and portfolio management.
Selection Criteria
• Master’s degree in a related field and at least 4-8 years of relevant experience. Related fields of education include business, finance, or economics or an area of expertise specific to a sector, subject matter, or industry specialty. Relevant experience could include a proven track record in business consulting or investment banking, or operational experience in the sector or technical or professional field.
• Proven analytical, financial analysis, equity valuation, and financial modeling skills to analyze and form conclusions on company financial information or projects and industry indicators. Able to oversee and provide quality control feedback on financial models prepared by analysts.
• Capacity to identify barriers for market creation opportunities in a targeted country by tapping into relevant internal expertise and synthesizing information on local regulatory and economic contexts, industry and sector structure and landscape, and constraints clients are facing to grow their business.
• Ability to interact effectively with clients and stakeholders professionally, responding to their requests and inquiries, delivering what is promised, and meeting deadlines.
• Excellent written, verbal communication, and presentation skills to effectively communicate ideas to internal/external stakeholders.
• English fluency, both Verbal and written.
Closing Date: 2/20/2025
