Investment Officer Job Vacancy at International Finance Corporation (IFC) -2024

Overview

Job Title: Investment Officer

Job Duration: 3 Years and 0 Months

Job Sector: Investment

Job Grade: GF

Job location: Dar es Salaam – Tanzania,  Kigali – Rwanda,  Lusaka – Zambia,  Addis Ababa – Ethiopia

Type of Recruitment: Local Recruitment

The required language (s): English

The proffered language(s): French

Deadline for the application: August 12, 2024

 

International Finance Corporation (IFC)

 

Job Description:

As a part of the World Bank Group, IFC is the biggest international development organization that concentrates on the private sector in developing nations. We create markets and opportunities via the use of our capital, knowledge, and influence in over 100 countries where we operate. Our goal is to increase shared prosperity and put an end to severe poverty on a livable planet by utilizing the strength of the private sector. For additional details, kindly visit www.ifc.org.

The goal of the IFC 3.0 strategy is to increase investment activity in developing markets, particularly in fragile and conflict-affected states (FCS) and low-income countries (LICs). This approach works “upstream” to develop and design possible investment projects as well as to construct, deepen, and grow markets in order to open up new chances for private investments in riskier areas and markets. A new strategy for business development, deal sourcing, and client support is needed to achieve these growth and impact goals at scale. This strategy depends on the following: i) a larger product offering to engage earlier in the project cycle and secure prospects; ii) an increased emphasis on getting customers ready for investments in emerging countries and industries; iii) an increased focus on portfolio investment clients’ value addition and risk management to improve performance; and iv) a longer time horizon and a more patient, long-term attitude.

IFC is looking for an Investment Officer to join the Manufacturing, Agribusiness and Services (MAS) department at the IFC Office in Addis Ababa, Ethiopia; Lusaka, Zambia; Dar es Salaam, Tanzania; or Kigali, Rwanda, to lead this strategy. Supporting the IFC’s endeavors to facilitate investment opportunities, improve investment outcomes, and improve investment conditions in the agribusiness sectors in the subregion of East and Southern Africa will be the responsibility of the Investment Officer.

To support IFC’s strategic and business objectives, the Investment Officer will collaborate closely with the institution’s Country, Regional, Investment, Upstream, and Advisory departments.

Accountabilities & Duties:

The following are just a few examples of the jobs and responsibilities:

• Assist in identifying and evaluating Upstream, Advisory, and Investment opportunities by considering sector and country strategy as well as the potential for market creation.
• Collaborate closely with the IFC Investment Services team in all of the East and Southern Africa subregion’s nations to support the creation of feasibility studies, pilot projects, and/or early-stage project partnerships and co-developments that open up investment prospects in the agriculture sector.
• Help create and execute scalable platforms and solutions that can be duplicated in many African markets.
• Determine industry trends, technological advancements, and business models, then create creative solutions to satisfy customer and vendor demands.
• Oversee client projects from start to finish by a) keeping a close eye on the project’s finances, b) hiring consultants effectively, and c) providing information for tracking and reporting to guarantee that results are met in line with the project’s approved business and M&E targets.
• Prepare donor reports, project supervision reports, M&E reports, and the necessary backup data that validates the accomplishments and results provided.
• Assisting Project Leads with project implementation management, advice, and support when needed, while being a vital member of the Agribusiness Upstream & Advisory team.

 

Selection Standards:

• A master’s degree in business, finance, economics, agribusiness, or a related discipline, or an equivalent professional certification.
• Over 8 years of relevant expertise in developing programs and/or projects, creating feasibility studies, and performing practical advisory and/or consulting work in developing economies.
• Strong background directly involved in investment transactions, preferably in investment banking, private equity, fund management, or a related field.
• Strong quantitative abilities, expertise with the assessment and valuation of businesses, and demonstrated financial model creation and/or management experience.
• Proficiency in project and program management, encompassing the ability to implement strategies and meet predetermined business development milestones.
• Capacity to interact with national and local governments, the private sector, and other stakeholders to promote innovative market and business development.
• A track record of building strong client connections, handling difficult problems, and handling situations tactfully in multicultural settings.
• Strong administrative, project, and task management abilities; shown ability to deliver deliverables within strict deadlines.
• A sincere dedication to the goals, strategies, and values of the World Bank Group and IFC as well as to development.
• Comprehension of the evolving business model and IFC’s strategic ambitions in light of IFC 3.0.
• Exceptional critical and analytical thinking abilities.
• Strong English communication skills, both written and oral.

 

Group Core Competencies of the World Bank:

The World Bank Group provides a wide range of benefits, including as a retirement plan, paid time off, parental leave, health, life, and disability insurance, and reasonable accommodations for those with impairments.

With a devoted and engaged team, we take pride in being an equal opportunity and inclusive company that does not discriminate on the basis of gender, gender identity, religion, race, ethnicity, sexual orientation, or handicap.

Find out more about our beliefs and motivational tales, as well as what it’s like to work at the World Bank and IFC.