E T Consultant at World Bank May, 2022

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Job No: req17533
Sector: Investment
Grade: EC1
Term Duration: 1 years 0 months
Recruitment Type: Local Recruitment

Description

  • IFC—a member of the World Bank Group—is the most important international growth establishment centered on the non-public sector in rising markets. We work in additional than 100 nations, utilizing our capital, experience, and affect to create markets and alternatives in growing nations.
  • In fiscal yr 2021, IFC dedicated a document $31.5 billion to non-public firms and monetary establishments in growing nations, leveraging the ability of the non-public sector to finish excessive poverty and increase shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For extra info, go to www.ifc.org.
  • The Financial Institutions Group (FIG) is likely one of the main business teams at IFC, liable for managing roughly 40% of IFC’s total enterprise when it comes to quantity and capital in danger.
  • FIG engages in a variety of sub-sectors together with Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, Payments, fintech, and different areas, with each funding and advisory providers delivered to IFC’s purchasers by way of IFC’s international community.
  • IFC’s priorities in FIG as an business group are: (i) develop funding and advisory options in all areas it operates in, whereas reaching robust profitability and growth impression (ii) construct new and nurture current shopper relationships to make IFC the popular companion for key purchasers (iii) handle portfolio of property for robust profitability and impression; (iv) assist native firms, whereas bettering transparency and company governance; (v) catalyze international funding, together with mobilizing B loans, parallel loans, and different types of capital mobilization; (vi) introduce and develop new monetary options, merchandise and platforms; (vii) construct long-term partnerships with robust regional gamers; (viii) develop shopper, sector and country-level options by way of upstream and downstream interventions that may be scaled and replicated; and (ix) be a thought chief and innovator of merchandise and shopper options globally.
  • IFC views Fintech as a key answer to a rising want of rising markets to quickly meet up with the developed world in monetary providers.
  •  It expects Fintech gamers to catalyze transparency, security, financial and monetary inclusion and international financial integration.
  • The Fintech Unit, a part of the FIG Equity group focuses particularly in early-stage Fintech investments, bringing to bear IFC’s finest information, experience and community on this converged business.
  • For the previous 10 years, IFC has constructed a good and various Fintech portfolio and invested in additional than 60 fintech firms greater than $470 million.  In addition, FIG can be searching for to spend money on late stage or at-scale Fintech entities with a view to improve our impression and footprint.
  • IFC is on the lookout for an Extended Term Consultant to work as an Investment Analyst for its FIG Department to work on Fintech and fairness associated investments on a [two] yr, extendible to [three]-year contract. The marketing consultant will work alongside skilled funding workers to assist ship on IFC’s bold program and growth goals.

Duties and Accountabilities

  • The marketing consultant will help Senior Investment workers in delivering the FINTECH enterprise program.
  • This sometimes contains enterprise growth, undertaking screening, appraisal and approval, undertaking and portfolio monitoring throughout build-up and operation phases, information administration, in addition to different supporting roles as wanted.
  • The Consultant participates in shopper engagement, desktop analysis, memorandum and report writing, undertaking administration utilizing IFC’s IT instruments, making and delivering shows. Travel will probably be required relying on enterprise wants.

Detailed Tasks Include
Market making and undertaking preparation:

  • Assist senior Investment workers in growing new markets and enterprise alternatives
  • Help group display initiatives at early phases for monetary viability, threat and developmental impression 
  • Analyze operations and completely different enterprise fashions within the related business 
  • Maintain value and productiveness knowledge bases for the FINTECH in rising markets 
  • Conduct business, market and firm analysis

Processing:

  • Participate in all points of IFC’s deal approval course of together with due diligence, appraisal, preparation of fintech Investment Committee supplies and approvals
  • Assist with assessment of undertaking info and technical documentation throughout the due diligence section – together with, amongst others, assessment of market projections, assessment of project-related contract documentation, and many others.
  • Prepare investment-related paperwork for inner and exterior audiences

Portfolio:

  • Assist with proactive monitoring of portfolio firms together with progress and operations experiences; flag main points

Other:

  • Perform analytics on markets, firm efficiency, portfolio knowledge and storage of market and different related info
  • Help design and keep correct KPI database for portfolio firms and alternatives
  • Work on growth and replace of classes learnt database, technical handbooks, and information administration supplies
  • Complete submitting and dissemination of related undertaking documentation
  • The Consultant should show enterprise sense and responsiveness in interactions with others, with the ability to type relationships with counterparts and mid-level purchasers and stakeholders to trade info wanted for transaction or portfolio processing.

Selection Criteria

  • A Bachelor’s Degree or Higher in Finance, or related discipline and related to the FIG fairness and fintech, ideally with no less than two years related sector expertise
  • Strong technical and analytical abilities; good skilled judgement
  • Strong oral and written communication abilities; fluency in English required; proficiency in extra international enterprise languages is a plus, particularly fluency in French.
  • Emerging market publicity most well-liked
  • Team participant with robust interpersonal abilities, skill to work together successfully with purchasers and colleagues from varied cultural backgrounds
  • Ability to journey on brief discover
  • Interest within the World Bank Group and IFC’s mission, technique and values

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