Overview
The Associate Investment Officer – Infrastructure Africa will identify new investment opportunities, execute transactions, and actively manage portfolio projects within the core infrastructure sectors across Africa.
Key Responsibilities
- Gather market intelligence, source and assess opportunities, anticipate market trends, and identify bankable projects.
- Evaluate, structure, negotiate, and close new debt and equity transactions, portfolio restructurings, capital increases, and equity sales.
- Perform credit and risk assessments, financial projections, and due diligence of project and/or company documentation.
- Negotiate, structure, and document finance documents.
- Prepare internal documents required for internal approvals.
- Support or lead investment transactions incorporating lessons learned from IFC’s earlier investments, portfolio management or advisory mandates.
- Handle disbursements, waivers, and complex client interactions such as restructurings.
- Conduct covenant compliance reviews and general supervision of assets held in IFC’s portfolio.
- Review and analyze the financial and operating performance of clients.
- Prepare quarterly risk ratings, annual supervision and other management reports, and project profiles.
- Monitor assigned portfolio projects and report development results internally and externally.
- Coordinate and work closely with credit risk, legal, technical, insurance, social and environmental, corporate governance, and other colleagues.
- Contribute to drafting strategies for sectors, countries, or regions for business development.
- Develop and execute strategies for more complex client engagements.
- Build IFC's knowledge base for best practices and participate in knowledge sharing and dissemination.
- Initiate collaboration and share expertise as a subject matter expert.
- Lead, support, and/or help organize logistics and planning for team and regional training retreats.
- Promote the IFC brand and represent IFC at conferences and workshops.
- Support World Bank and MIGA colleagues on sector reform and unblocking constraints to attracting private sector capital.
- Mentor and coach junior team members.
Required Experience
- At least 5 years, more is a plus, of relevant professional experience in project finance and/or infrastructure development and investment at an investment bank, corporate bank, development finance institution, private equity firm, infrastructure developer, financial advisor and/or other relevant firm.
- Strong proven financial modelling and structuring, ideally of both debt and equity investments.
- Broad knowledge of infrastructure sectors – such as power & energy, transportation, water & sanitation, telecom, natural resources and mining – municipal finance, technology, industry drivers, latest trends and changes, and standard market transaction arrangements.
- A deep knowledge within at least one of the core infrastructure sectors and understanding of infrastructure challenges faced by countries within the Middle East and Africa regions.
- Project finance debt structuring and/or infrastructure equity investment experience.
- Strong credit skills backed by references and deal sheet.
- Demonstrated ability to structure complex debt and equity transactions.
- Strong proven track-record of originating, developing, structuring and closing private sector investment projects in infrastructure sectors, ideally including investments in the Middle East and Africa regions.
- Sound business judgment in screening and identifying leads, problem solving, negotiation skills, as well as ability to work effectively on simultaneous projects under time pressure.
- Strong business development and client relationship skills, including the ability to effectively focus on client’s needs, demonstrated by track record.
- Strong track record in portfolio supervision of complex projects, ideally in the Middle East and Africa regions.
- Strong experience working with legal, technical, insurance, environmental, social, corporate governance and other considerations in limited-recourse project and corporate finance, with infrastructure equity investment experience a plus.
- Prior experience of working in emerging markets and good knowledge of sector issues in Africa, with experience of working and living in Africa a plus.
Qualifications
• Master's degree in finance or similar relevant education.