The World Bank Group – Established in 1944, is one of the world’s largest sources of funding and knowledge for development solutions. In the fiscal year 2018, the WBG committed $67 billion in loans, grants, equity investments, and guarantees to its members and private businesses, of which $24 billion was concessional finance to its poorest members. It is governed by 188-member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.
About World Bank
With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Together, IBRD and IDA form the World Bank, which provides financing, policy advice, and technical assistance to governments of developing countries. IDA focuses on the world�s poorest countries, while IBRD assists middle-income and creditworthy poorer countries. While our five institutions have their own country m...... read more
(Associate) Investment Officer
Application Deadline | 28 Sep 2022 |
Country to study | Nigeria |
Type | Internship |
Sponsor | World Bank |
Gender | Men and Women |
Aim and Benefits of (Associate) Investment Officer
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance, paid leave, parental leave, and reasonable accommodations for individuals with disabilities.
Requirements for (Associate) Investment Officer Qualification
Selection Criteria
- Master’s Degree and 5-7 years of relevant experience in the financial sector, preferably in an investment-related function and/or the private equity industry.
- Good understanding of financial and operational characteristics of financial institutions.
- Clear experience and expertise in identifying, evaluating, structuring and negotiating debt and equity transactions; experience in portfolio management.
- Experience in emerging FinTech platforms and technologies such as digital banking, mobile payments, digital lending, InsurTech etc. a plus.
- Strong interest in innovative, disruptive solutions for the financial services industry.
- Sound business judgment and strong problem solving/negotiation skills, as well as ability to work effectively on simultaneous projects under time pressure.
- Excellent verbal and written communication skills in English
Duties and Accountabilities
- Provide key support in identification, appraisal, structuring and negotiation of financial sector investments.
- Identify and analyze fundamental competitive strengths and weaknesses of projects or portfolio companies and identify non-financial issues, opportunities, and risk/reward factors (e.g., business environment, country, and sponsor).
- Handle disbursements, waivers, and complex client interactions such as restructurings; monitor and value equity investments and recommends/executes the sale of holdings.
- Monitor existing investments in portfolio companies, comprising various types of financial entities.
- Review and analyze the financial and operating performance of clients; prepare quarterly risk ratings, annual supervision, and other management reports as well as country strategy papers, briefs and project profiles.
- Handle client relationships and provide insight into sector developments in client countries to anticipate new investment opportunities and/or performance issues.
- Apply knowledge of project/portfolio lifecycle to identify and meet critical path milestones, and to implement tasks (including production of documents) in a timely and high-quality fashion for the processing or supervision of projects.
- Support business development teams in engaging with and delivering projects focusing on FinTech topics such as payments, lending, wealth management, InsurTech and others.
- Actively keep abreast of regional and industry developments and incorporates trends into the processing or supervision of projects.
- A keen interest in development finance and working in a multicultural environment.
Application Deadline
September 28, 2022How to Apply
Interested and qualified? Go to World Bank on worldbankgroup.csod.com to applyFor more details, visit World Bank website.