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 in developing countries. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org

The Financial Institutions Group (FIG) is one of the major industry groups at IFC, responsible for managing roughly 40% of IFC’s overall business in terms of volume and capital at risk.  FIG’s strategy and implementation work focuses on 3 main pillars: (i) increase financial access and inclusion; (ii) scale sustainability and climate finance; and (iii) make financial systems more efficient, resilient, and sophisticated. FIG engages in a wide range of  priority areas including Financial Inclusion, Digitization, Climate, Housing, Distressed Assets, and Trade Finance, to which it offers investment and advisory services through banks, non-bank financial institutions, Fintechs and other digital channels, and the capital markets.

IFC’s priorities in FIG as an industry group are: (i) grow investment and advisory solutions in all regions it operates in, while achieving strong profitability and development impact (ii) build new and nurture existing client relationships to make IFC the preferred partner for key clients (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop new financial solutions, products and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through upstream and downstream interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.

IFC is looking for an ET Consultant to support across priority strategic sectors and activities in FIG.   The selected candidate will work closely with a Principal Investment Officer in the management of key FIG client accounts in Europe to deliver on FIG’s strategy through Innovation of new debt and equity products and execution of new investments.   The candidate’s activities will include FIG’s sectors of focus including Capital Markets, Financial Inclusion, Digitization, and Climate and gender, amongst others.   The position will report primarily to the Principal Investment Officer, Global Client Coverage  and will be based in Paris, France.

Prior experience in the FIG strategic sectors of focus and strong communication skills will be a relevant factor in the work program of the selected candidate.

Role & Responsibilities :

The ET Consultant have a wide range of evolving responsibilities in line with strategic priorities of FIG.
Anticipated scope of duties and responsibilities includes the following:

• Work with senior staff in the client management of key financial institutions in Europe. Support development of a strong pipeline of good quality and innovative and more complex investment opportunities.
• Monitor and analyze financial results of global FI clients. Prepare quarterly attestations and writeups.
• Keep abreast of financial news that might impact IFC’s work with global financial institutions.
• Prepare meeting briefs for client meetings.
• Support investment teams in the processing of transactions as needed, including analysis of client financial institutions.
• Develop pitch books to support business development efforts.
• Build and maintain strong relationships with clients, banking and multilateral partners and other officials to further develop the sector and to develop specific investment opportunities.
• Identify and evaluate opportunities to increase the social development impact of new or portfolio projects.
• Collaborate within team and with the regional teams to help develop global and regional strategies and support related promotion work.
• Assist in various projects, tasks or assignments, as the need may arise.

The selected candidate will also participate and support the research, and knowledge management agenda of the FIG in the relevant sector.

 

Selection Criteria

• Master’s degree in finance, economics or other related areas. Candidates with MBA preferred.
• Minimum of three to five years of relevant experience in financial services industry.
• Understanding of sector drivers, business and market development cycles, and how business performance and long-term competitiveness and viability are measured within a sector and how sector dynamics may evolve within a country or region.
• Proven analytical, financial analysis, equity valuation, and/or financial modeling skills to analyze and form conclusions on company financial information or projects and industry indicators.  Strong credit skills and excellent business judgment.
• Capacity to build productive and mutually beneficial relationships and networks internally and externally to identify business opportunities, and resolve issues.
• Commitment to sustainable development.
• Original thinking / quick learning abilities with strong initiative and drive, as well as attention to details.
• Good team player with strong interpersonal skills, and commitment to work in a respectful, team oriented and multi-cultural environment.
• High level of energy, initiative, autonomy and flexibility in quickly adjusting to changing work project requirements.
• Excellent oral and written presentation skills in English are required; additional major language desirable (French and/or Spanish).

World Bank Group Core Competencies

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

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