Portfolio Manager at IFC - International Finance Corporation

Description

• IFC is seeking to recruit a Portfolio Manager, INR (Infrastructure and Natural Resources), Africa (all sub-regions). The position will be based in Johannesburg, South Africa or Lagos, Nigeria.
• The Portfolio Manager will be responsible for overseeing the portfolio for INR in the region. She/he will work closely with the management and colleagues from INR. She/he will also coordinate on a continuous basis with the Country Managers, other Regional Industry units, the INR Leadership team in Africa, as well as other relevant Departments within the IFC (such as Risk, Treasury and Legal, etc.) She/he will have direct supervisory responsibility over the investment staff, and other staff as determined. The Portfolio Manager will report to the Regional Industry Director, INR Africa.

Duties And Accountabilities

• Manage INF portfolio client relationships and ensure a high level of client satisfaction.
• Work closely with the INF New Business Manager and teams to create value for IFC’s INF clients in the region, including providing inputs to new transactions with existing clients.
• Ensure urgency in action and high quality of complex portfolio actions (such as restructuring, equity sales, loan conversions) as well as regular waivers and amendments.
• In coordination with the INF Global Equity Head and equity investment leads, contribute to the active management of the INF equity portfolio, focused on value add, as well as equity sales that support successful exits.
• Perform regular asset valuations, monitoring and reporting and make recommendations on, amongst other things, loan loss reserves and write-downs and provide early warnings.
• Proactively engage with the Independent Evaluation Group (IEG) and relevant project teams on assessments of IFC’s investment portfolio. Coordinate and engage, as relevant, with CSO on rescheduling and restructuring situations.
• Organize and lead regular loan and equity asset review meetings in coordination with the Regional Industry Director.
• Lead and manage the INF portfolio team, and ensure the team is high-performing, well-motivated and committed to the advancement of IFC’s strategic goals.
• Staff portfolio projects with the appropriate resources with the view to deploy the most appropriate technical expertise and provide exceptional client service, while keeping in mind career and training development needs of IFC staff.
• Contribute to and produce Knowledge Management tools through relevant Lessons Learned from the portfolio and maintain feedback loops from portfolio to new business development, including Upstream.
• Lead the INR Africa team as part of the INR Africa Leadership team, in close coordination with the regional and global INF teams.
• Be part of, and actively contribute to, the Regional Leadership Team of the Africa VPU as well as the Global INF Management Team.
• Provide the full range of administrative and HR management oversight.

Selection Criteria

• Master’s degree or equivalent professional qualification and a minimum 12 years of relevant work experience.
• Deep familiarity with the INF sector and related sector issues, and proven experience managing complex investment transactions.
• Demonstrated ability to think strategically, develop innovative solutions, challenge the status quo and make sound decisions to build IFC business.
• Experience sourcing and structuring complex investment transactions in the INR sector with a proven track record and proven success in developing client relationships and processing quality investments.
• Strong sense of service to clients and demonstrated business development and portfolio aptitude. Proven success in developing client relationships and monitoring quality investments.
• Ability to deliver high-quality work within deadlines to meet team objectives.
• Ability to develop innovative solutions and challenges the status quo to build the business.
• Ability to work in the organizational matrix as an integral part of the Regional Industry Department.
• Ability to collaborate closely with other parts of the World Bank Group and other DFIs and financing institutions and banks.
• Awareness of environmental and social sustainability issues associated with projects in INR.
• Demonstrated leadership skills and strong teamwork and communications in a highly diverse, virtual environment.
• Ability to plan and manage staff to achieve high quality results and encourage innovation in an open team-based environment, inspiring trust and influencing and resolving differences across organizational boundaries.
• Meet Bank Group-wide managerial selection criteria including courage of your convictions, leading the team for impact, influencing across boundaries, fostering openness to new ideas and building talent for the future.