IFC Global Internship Program(17) - Infrastructure Portfolio Management Internship at World Bank Group

Duties and Accountabilities:   

This is an opportunity to work within the infrastructure Africa team, and support the supervision and management of a $5bn portfolio. The Intern will principally assist in delivering (i) essential credit/structuring benchmarks needed for our new transactions, (ii) enhanced operational process to support credit review of the portfolio, and (iii) fund management specific tasks. More specifically, the work will include: 
 
Projects related: 

• Define (in discussion with the Portfolio Leads) a number of key commercial/credit/operational criteria to be tracked across our portfolio projects, that will inform structuring of new projects. Develop a database for these by working with the relevant projects IOs. 
• Improve the process of documenting key executed legal information by Projects (project “bible”, relevant amendments and waivers as processed through the PDS changes). 

Portfolio operational: 

• Work with Portfolio Leads (and credit if needed) to design a template for PD and LGD on Word, that’ll be used to track changes between quarterly credit review. 
• Create a repository for portfolio knowledge management: lessons learned papers, XPSRs, key guidance notes. 
• Support training efforts in relation to specific topics (for example fund valuation/supervision, Equity valuation etc.). 

Fund management specific: 

• Develop a format and produce IFC Africa Infrastructure Team Fund Investment 2-pagers for all fund projects (currently 10 projects in our portfolio). 
• Support generating a CRR in accordance with our investment procedures and requirements.

Selection Criteria

• Candidates must be currently enrolled in a Master’s degree level program  
• Preferred field of study: Finance; Accounting; Statistics 
• Minimum of 2 years of previous work experience  
• Strong Excel skills are required 
• CFA would be a plus