Active Jobs at IFC - International Finance Corporation

Duties & Accountabilities

• Build senior management relationships with regional and international insurance and reinsurance companies to develop a robust pipeline in traditional insurance business and support the closing of transactions on a consistent basis
• Be aware of trends and developments in the Insurtech space, especially in Emerging Markets, provide thought leadership and support business development for IFC’s investments strategy in this space
• Provide oversight and expert technical support to processing and portfolio management of all IFC's insurance/Insurtech equity investments, including financial modeling and valuations
• Provide thought leadership and technical expertise to the development and deployment of climate and disaster risk management instruments, index insurance and platforms supporting FIG investments and advisory services to institutions working with SMEs, women and smallholder farmers
• Contribute to the expansion of FIG investments product offerings (beyond equity and subordinated debt) to the (re)insurance/insurtech sector in emerging markets, by actively participating in research, development, testing and deployment of new products such as guarantees and risk sharing facilities
• Influence the activities of all teams and oversee the technical due diligence involved in insurance deals
• Provide guidance and training for regional investment officers to build up IFC’s internal capacity for insurance investments; in addition, provide learning materials for the World Bank Group Training Academy for the benefit insurance/insurtech and other private sector entities; and
• Manage external relationships in the insurance sector with other parts of the World Bank Group.

Selection Criteria

• Masters or other graduate level education in finance, accounting, business or economics, or attained designation of a professional actuary
• At least fifteen years of experience working in insurance, investment banking, private or early-stage equity with a solid track record leading, and closing investment transactions relating to insurance/Insurtech and/or financial institutions
• A strong strategic thinker with the ability to see the big picture of where subsegments of the insurance sector are headed in emerging markets, and where IFC can lead investments and/or play a role in their development
• Ability to advocate credibly for insurance/Insurtech investments, both at a strategic and at a deal-specific level
• Strong knowledge of regulatory requirements and compliance practices in the insurance/Insurtech sectors
• Excellent communication skills, both written and verbal with strong and persuasive communication abilities with a high level of convincing power, capable of effectively influencing stakeholders, driving decisions, and advocating for strategic initiatives
• Strong interpersonal skills, with the ability to build and maintain relationships within multi-disciplinary teams, with internal and external stakeholders, and with senior management
• Capacity to deal with conflicting priorities and deliver high quality work on schedule; facility to work successfully in multicultural teams and across boundaries;
• Strong record of managing complex relationships and building businesses in emerging markets
• Willingness to travel extensively and/or be based in one of IFC’s hubs in Africa
• Excellent oral and written presentation skills in English are required; additional major language such as French or Spanish would be a plus; and
• Highest standards of ethical integrity, transparency

Closing Date: 7/21/2025

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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.
• Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
• For more information, visit www.ifc.org.
• IFC is recruiting a Country Officer who will help promote and coordinate IFC's investment and advisory activities in South Africa.
• The role requires close interaction with the private sector, government, and international development organizations, as well as key counterparts in the World Bank Group (WBG). The position is based in Johannesburg and reports to the IFC Principal Country Officer for South Africa.

Duties and Accountabilities:

South Africa Country Operations

• Develop and maintain a good understanding of the country and stay on top of key economic and political issues.
• Keep abreast of macro-economic developments that can impact IFC’s activities in South Africa and provide regular inputs to Country and Regional Industry management teams as needed.
• Support the CMU and industry teams in the preparation of WBG strategy documents such as Country Strategies, Country Private Sector Diagnostics, and Country Partnership Frameworks.
• Work with investment, advisory, upstream and relevant WBG teams to continue to roll out the IFC 3.0 strategy and develop the project pipeline.
• Identify areas where IFC can catalyze market development through innovation based on a thorough understanding of local markets and best practice from IFC’s global experience.
• Support the CMU in the review and quality assurance of project documents and provide inputs to all new investment, upstream, and advisory projects ensuring alignment with country strategy.
• Support the required reporting and updates on South Africa’s portfolio and activities to key internal and external clients including WBG Senior Management, National Treasury, and others. This includes preparing monthly and quarterly updates and briefs on the country program including investment, advisory and country economics (CPSDs, etc.).
• Track the project pipeline and prepare regular status reports on the status of the portfolio and pipeline.
• Track and support the preparation of visiting missions/trips to the country.
• Prepare/coordinate high-quality briefs, memos and talking points for WBG senior management for annual & spring meetings, in country visits of senior management and executive directors.
• Participate in targeted business events, meetings and conferences to support IFC’s activities and expand IFC’s network and visibility in South Africa.
• In partnership with the Principal Country Officer, communications teams, and other relevant colleagues, develop and implement appropriate communications strategies for IFC in South Africa.
• Support ESG matters in relation to the IFC portfolio in South Africa.

Johannesburg Office Administration

• Support the Principal Country Officer in overseeing the day-to-day running of IFC’s Johannesburg office, such as oversight on reporting on office budget, facilities, security, and logistics.
• Support in the supervision and mentoring of members of the South Africa Country Team (operations and administrative staff).
• Ensure quality control of work products and efficient use of resources.
• Build and maintain relationships with relevant authorities and government agencies to enable smooth processing and management of protocols, visas, and other necessary approvals.
• Plan and execute regular office events, including meetings, brown bag lunches, workshops, and social gatherings.
• Develop and implement initiatives aimed at fostering office cohesion, enhancing staff collaboration, and promoting a positive and inclusive work environment.
• Work with the Facilities Manager to ensure a proper office ecology, including overseeing office renovations and maintenance.
• Ensure that the office environment is conducive to productivity and meets health and safety standards.
• Perform any other tasks and responsibilities as required by the job and business needs, ensuring flexibility and adaptability to changing priorities and demands

Selection Criteria

• Post-graduate degree, preferably in finance, business administration, management, economics, or a similar field.
• 12+ years of relevant experience, preferably in areas such as investment or commercial banking, public-private partnerships, management consulting, or operational experience in an investment and/or advisory role.
• Experience and/or a strong interest in Africa is required, and experience in South Africa is an advantage.
• Ability to assess the viability of business opportunities and risks.
• Ability to think creatively about potential investment opportunities, and to use business development skills to translate such opportunities into bankable projects.
• Strong analytical, finance, financial modeling, credit, and transaction structuring skills is an advantage.
• Good understanding of IFC’s investment and advisory business lines, their products, how they complement each other, and how they may be leveraged to match the long-term needs of clients and open new markets.
• Track record in developing relationships in the private sector, government, and development institutions.
• Ability to represent IFC externally with the private sector, government, development partners, media, and other stakeholders.
• Team management experience including supervising, mentoring and training staff.
• Team player with strong leadership and influencing skills, and track record in working in a matrix structure.
• Strong client service orientation.
• Ability to resolve challenging issues.
• Excellent critical thinking, analytical and presentation skills, and ability to work with or supervise the use of data utilizing standard office software Excel, Word, PowerPoint; and,
• Excellent written and oral communication skills in English language is required.

Closing Date: 7/22/2025

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Roles and Responsibilities:

The roles and responsibilities of the role include but are not limited to:

• Provide insight into sector developments in the subregion to anticipate new investment opportunities and/or performance issues.
• Understand industry drivers, business/ market development cycles, and how business performance and long-term competitiveness/viability are measured within industry and how industry dynamics may evolve within a country/ region.
• Establish and maintain relationships with mid-level clients and other external stakeholders (government, development partners, WBG) to explore business opportunities.
• Work with the team on developing new opportunities, managing internal and external stakeholders, investment processing and portfolio management.
• Capacity to build productive and mutually beneficial relationships/networks internally and externally to identify business opportunities, discuss structuring alternatives, and resolve issues.
• Collaborate in developing client strategies/ engagement plans and pitch books for industry and countries.
• Provide key support, and in some cases lead in identification, appraisal, structuring and negotiation of financial sector investments.
• Analyze operational and financial performance as well as credit and integrity risks of potential clients/projects.
• Build financial models (including for equity valuations), perform due diligence and financial analysis, and/or provide quality control over financial analysis/projections developed by analysts to evaluate benefits and risks of transactions.
• Coordinate with internal stakeholders to identify ways to strengthen development impact and financial sustainability of projects.
• Review and analyze the financial and operating performance of clients, including covenant compliance reviews and impact reporting; prepare quarterly risk ratings, annual supervision and other management reports as well as country strategy papers, briefs and project profiles.
• Responsible for rating reviews or loan loss reserve on a quarterly basis for the overall assigned portfolio and monitor changes to risk flags to determine performance of assigned portfolio with limited supervision.
• Handle disbursements, waivers and complex client interactions such as restructurings; monitor and value equity investments and recommend/execute the sale of holdings.
• Apply knowledge of project/portfolio lifecycle to identify and meet critical path milestones, and to implement tasks (including production of documents) in a timely and high-quality fashion for the processing or supervision of projects.
• Supervise and ensure quality of portfolio reporting information prepared by junior staff, providing broader industry, sub-sector and country perspective into project risks and issues.

Selection Criteria

• Master’s degree in finance, economics or other related areas; accreditation as CFA or CPA is considered a plus
• For the AIO role, at least 5 years and for the IO, at least 9 years of relevant experience in the financial sector, with a proven track-record of sourcing, structuring and closing investments preferably both in equity and debt, including Capital Markets.
• Good understanding of the perspective of commercial banks, insurance companies and other financial intermediaries, including their business drivers, the scope of their operations, and their interests, so as to be able to successfully engage.
• Clear experience and expertise in identifying, evaluating, structuring and negotiating debt and equity transactions; experience in portfolio management.
• Solid understanding of financial and operational characteristics of financial institutions.
• Proven analytical, financial analysis, equity valuation, and financial modelling skills to analyze and form conclusions on company financial information or projects and industry indicators. Able to oversee and provide quality control feedback on financial models prepared by analysts.
• Understanding of credit and non-financial risks associated with projects, and how to satisfactorily mitigate those risks based on understanding of how IFC assesses risk/ reward tradeoffs.
• Ability to draft documents and reports that are concise, well-organized, and appropriately focused on most critical points that are relevant to the target audience.
• Sound business judgment and strong problem solving/negotiation skills, as well as ability to work effectively on simultaneous projects under time pressure.
• Excellent verbal and written communication and presentation skills in English. Fluency in French is a plus.
• A keen interest in development finance and working in a multicultural environment.

Closing Date: 7/28/2025

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Role and Responsibilities:

• The IO’s work will involve the implementation of advisory mandates of a variety of types, including business development, interactions with clients, supervising consultant hiring, preparing and delivering presentations, overseeing financial modeling and due diligence, transaction structuring, drafting bidding documents and managing bidding processes, supporting negotiations, as well as interacting with investors. Duties will include, but will not be limited to:
• Contribute to origination and marketing activities across the South Africa region (SA), managing marketing activity in assigned countries/strategic areas, including collaborating with other WBG teams to identify opportunities based on country strategies and market creation potential;
• Develop new client relationships and project leads in SA region;
• Understand the legal and regulatory impediments for private sector participation in the working countries and work closely with the other parts of the WBG to overcome these
• Undertake project scoping to assess feasibility of potential projects, and lead the origination and marketing activities, e.g. supervision of proposal preparation, mandate negotiation with clients, etc.
• Lead the day-to-day management of project preparation leading teams working on sell-side PPP mandates, including review of legal and technical outputs, documentation and financial models
• Prepare/review memos and documentation for internal approval and consultant procurement processes, as well as managing project budget
• Manage different types of consultants e.g. legal and technical and review their outputs, documentation and financial models, as is the case
• Develop transaction structure options for PPP projects, provide innovative solutions and present recommendations to management and clients
• Participate/Lead meetings with government clients and investors
• Organize and manage the tendering process of projects, including marketing of projects, prequalification, requests for qualification, project award and the final negotiation of project agreements leading to closing deals
• Develop, coach, motivate and manage junior members of the team
• As appropriate, participate in the development and implementation of upstream activities in line with IFC 3.0 to create, deepen and expand markets with the regional and global team from across IFC and the WBG
• As appropriate, work closely with SA Hub Lead and SA TL group on sub-regional strategy, origination activities, and HR/staffing related matters
• Potential support/intervention on Corporate Finance related mandates, both in terms of origination as well as execution that may include prepare and deliver pitch presentations to companies, reviewing and advising on corporate structure, balance sheet structure, valuation, prospectus review, corporate governance, etc.
• As appropriate, coordinate with different WBG groups particularly on the Cascade agenda to assess opportunities for PPPs in the WBG operations and, where possible provide bespoke solutions to our clients to achieve sustainable development impact
• Support knowledge management by helping to disseminate PPP and CFS knowledge and experience and,
• Assist in other project or strategy related activities as the need may arise.

Selection Criteria

• MBA or equivalent Post Graduate degree in business, finance or economics
• Solid and relevant experience of at least 10-12 years gained either in project finance, corporate finance, M&A and privatizations, or private equity funds in infrastructure
• Minimum 2-4 years of experience of sell//buy-side M&A advisory is considered a plus
• Knowledge of overall industry sector trends and experience in infrastructure transactions/PPPs preferably in Africa, with a proven track record
• Business development and client relationship skills, track record and ability to focus on clients’ needs effectively
• Strong track record of contractual and/or financial closings of infrastructure transactions
• Strong existing relationships with government officials, project developers, investors, and technical and legal consultants in the infrastructure space in Africa are preferred
• Experience in dealing with government clients, investors and multiple stakeholders of infrastructure projects
• Ability to manage teams in multiple transactions, delivering high quality work within deadlines, and to meet team objectives

Strong analytical and financial modeling/structuring skills and demonstrated ability to:

• Lead a variety of transaction advisory, debt and equity transactions;
• Independently develop financial models and sound financial analysis of the models to draw conclusions/structuring solutions;
• Structure or restructure transactions to ensure prudent and sustainable risk sharing among all parties.
• Proactively address and resolve client challenges with a solution-focused approach, effectively engaging decision-makers when necessary
• Strong analytical and conceptual skills and ability to communicate ideas clearly and confidently (written and oral);
• Ability to operate in large, culturally diverse and geographically dispersed teams;
• Proven experience building productive relationships and fostering open communication across diverse teams and organizations to share knowledge and resources.
• Strong commitment to project success, delivering on KPIs with high standards, and proactively seeking opportunities for improvement and overcoming obstacles.
• Ability to work under pressure, travel on short notice and frequently, as required, and deliver high quality work within deadlines to meet team objectives;
• Ability to interact directly and independently with potential clients, financial and technical partners as well as with senior government officials;
• Highly motivated, committed to the highest ethical standards; and
• Excellent oral and written communication skills in English, and knowledge of Portuguese is a plus.

Closing Date: 7/23/2025