Investment Officer Blended Finance

Investment Officer - Blended Finance

Description

Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries the WBG is a unique partnership of five global institutions dedicated to ending poverty increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide the WBG works with public and private sector partners investing in groundbreaking projects and using data research and technology to develop solutions to the most urgent global challenges.

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. We work in more than 100 countries using our capital expertise and influence to create markets and opportunities in developing fiscal year 2025 IFC committed a record $71.7 billion to private companies and financial institutions in developing countries leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information visit .

About Blended Finance

Blended Finance is a key tool in the execution of IFCs 3.0 strategy Creating Markets. The Blended Finance Department now manages a pool of contributor funds of over $7 billion focused on accelerating IFCs engagement in the most developmentally impactful areas: IDA and FCS countries climate SME and agriculture. The blended concessional facilities managed by the Blended Finance team is structured to co-finance along with IFC funding investment projects to address market barriers in private sector projects. These funds are deployed alongside IFCs own resources thus enabling IFC to invest in projects that would not otherwise take place without a co-investment on concessional terms.

The Blended Finance teams role is to optimize the co-investment of funds from contributors on concessional terms and consider the contributors risk appetite and in line with IFCs blended finance approach governance and principles. Such concessional funds are able to accept higher risk/ lower return than commercial funds while not providing pure grants.

The Blended Finance New Business and Portfolio (CBFNP) division sits in the Partnerships & Blended Finance Department. Within this division there are investment officers that work on blended finance transactions supporting IFCs regional and industry departments. These blended finance transactions may use different blended finance facilities including the IDA Private sector Window (PSW) Concessional Capital Window (CCW) the Frontier Opportunities Fund (FOF) and other the Blended Finance for Climate facilities the Women Entrepreneurs Finance Initiative (We-Fi) SME- or agriculture-focused blended finance facilities. The goal of this work is to enable IFC to have a much deeper impact and footprint in the most difficult countries and sectors through blended finance investments.

CBFNP seeks an Investment Officer to focus primarily on blended finance transactions with CSF as well as other industries. This Investment Officer position is an exciting opportunity to work globally on some of the most high-impact projects alongside industries. Being part of CBFNP this position will also provide the successful candidate with an opportunity to work across different industry groups and regions within a creative and results-oriented environment. She/he will report to the Blended Finance Senior Manager.

Duties & Accountabilities

Responsibilities include but are not limited to:
Work with teams to identify and assess potential Blended Finance projects (including projects to be processed under the IDA PSW CCW FOF and BFF and LCF the various Blended Finance for Climate GAFSP Private Sector Window the Gates Foundation partnership the Global SME Finance and the Women Entrepreneur Financing Facility (We-Fi) and other blended finance facilities) and innovative programs/platforms and liaise with staff to monitor and support the expansion of Blended Finance pipeline.
Contribute to investment structuring related to the blended finance component of projects platforms & programs including modeling of respective risks and subsidies and to assess the products/structure that meets the project needs and has an adequate risk/return for the contributor.
Work closely with IFC investment teams to prepare and take responsibility for documentation and processing of blended finance co-investment to Blended Finance Committee/Director and for contributing to the IFC investment proposal Board documentation and client legal agreements.
Attend appraisal on an as-needed basis depending on transaction team need for additional skills and analysis to be provided by the blended finance investment officer or if proposed co-investment structure has significantly different interests than the IFC investment requiring independent judgement on behalf of the donors.
Liaise with relevant staff and identify and monitor weaknesses risks and early warning signals in the portfolio of contributor-funded projects to assess progress and performance.
Analyze and process client requests including disbursements waivers and amendments related to the contributor-funded co-investment.
Assist in the preparation of analytical reports strategy documents briefs and project profiles.
Contribute to teams knowledge management initiative including communication products to share information and lessons of Blended Finance co-investments with internal and external stakeholders in particular contributing partners.
Prepare reports and presentations on the portfolios performance for internal and external audiences.
Engage with donors and support fundraising and new initiative development as needed.
Participate in Departmental initiatives to bolster the practice and business case for blended finance.

Selection Criteria

Masters degree MBA or equivalent with specialization in finance/investment strongly preferred.
At least 5 years relevant experience in working on cross-border emerging market investments with a track-record of structuring / executing and supervision and portfolio management of complex investment transactions including in local currency capital markets structured finance.
Ability to grasp details problem solving identify key issues for action and manage/incorporate stakeholder interests and explain issues clearly and confidently.
Clarity in the presentation and delivery of information including gathering lessons of experience and impact stories to be shared with contributors and other internal and external stakeholders and resilience to work well under time and workload pressure with minimal supervision.
Ability to manage and complete multiple projects simultaneously and to meet deadlines under pressure.
Commercial interest in development issues and strengthening sustainable development.
Excellent written and verbal communication skills in English is a must.
Deliver Results for Clients - Proactively addresses clients stated and unstated needs.
Collaborate Within Teams and Across Boundaries - Collaborates across boundaries gives own perspective and willingly receives diverse perspectives.
Create Apply and Share Knowledge - Applies knowledge across WBG to strengthen solutions for internal and/or external clients.
Make Smart Decisions - Interprets a wide range of information and pushes to move forward.

Good to have :
Prior exposure to IFCs investment and portfolio management processes including equity quasi-equity loans guarantees and other investment documentationas well as experience in accounting and financial statement analysis would be considered an asset.
Familiarity with IFCs products and operations and ideally an understanding of its approach to blending concessional finance with proprietary investments would be advantageous.
Insight into IFCs investment practices along with awareness of current challenges and opportunities in implementing blended finance investments would be a plus.

WBG Culture Attributes:

1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits including a retirement plan; medical life and disability insurance; and paid leave including parental leave as well as reasonable accommodations for individuals with disabilities.

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.

Learn more about working at theWorld BankandIFC including our values and inspiring stories.