Associate Investment Officer, Venture Capital
The World Bank
Lagos,Nigeria
4d ago

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 in developing countries.

In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity.

For more information, visit www.ifc.org.IFC's DisruptiveTechnologies and Funds Group ( CDF ) invests in private sector companiesglobally.

IFC’s CDF has a track record of successful investments in directventure capital across many sub-verticals, building out start-up business andco-investing alongside growth equity funds, and in venture capital funds.

CDF is unique for both its regional and globalprospective on the venture capital space, long-term approach to investments,ability to leverage the resources of the entire World Bank Group, as well asits commitment to maximizing the value for its portfolio companies throughsustained assistance.

The Disruptive Technologies and VentureCapital team ( CDFDT ) invests in venture / earlygrowth companies that offer innovative technologies or business models withhigh impact potential in Emerging Markets.

By executing transactions at earlierstages than IFC’s more traditional business lines, the venture capital team enhancesthe organization's strong commitment to innovation, support to localbusinesses, and helps accelerate cross border technology transfers.

The IFC’s DisruptiveTechnologies and Venture Capital team is looking to recruit an AssociateInvestment Officer in IFC's Lagos Office to support the current team indeveloping and executing new business opportunities, as well as managing investmentportfolio and local client relationships primarily in Africa.

The AssociateInvestment Officer will play an active role in participating in the localoffice's and the region’s business activities, interact directly with local andglobal clients, and will work with colleagues from Headquarters (WashingtonDC), Africa, MENA and other regional offices.

Duties andAccountabilities

  • Conduct industry and market research / mapping to identify a pipeline of good quality investment opportunities.
  • Evaluate, structure, negotiate, and close new venture capital transactions.
  • Help supervise investments in portfolio companies and manage internal IFC procedures including preparation of portfolio reports and related compliance related information.
  • Conduct analysis of and follow up on new business opportunities and liaise extensively with colleagues worldwide.
  • Lead and support due diligence and drafting of investment recommendation documentation for investment decisions.
  • Build and maintain strong relationships with clients, global and regional private businesses, banking and multilateral partners and government officials to further develop the sector and to develop specific investment opportunities.
  • Coordinate closely with IFC’s business risk functions to ensure maintenance of the highest corporate governance, environmental and social, and integrity standards.
  • Selection Criteria

  • At least 5-6 years of experience in venture capital, private equity, consulting, investment banking, equity research.
  • Candidates which have a proven track-record of sourcing, structuring and closing investments preferred.
  • Advanced degree required, MBA from leading international institutions preferred.
  • Strong interest in venture investing and emerging technology areas.
  • Strong familiarity with financial software applications (e.g. Microsoft Office suite, research and financial databases, etc.)
  • Proven track record in nurturing client relationships; business development;
  • Strong business development and client relationship skills, track record and ability to focus on clients needs effectively, notably in a fragile business environment;
  • Work experience in Africa is a plus;
  • Ability to interact directly and independently with the senior management of potential clients,
  • Team player with strong interpersonal skills, and ability to work successfully with clients and colleagues from various cultural backgrounds.
  • Excellent financial and analytical skills.
  • Excellent communication and presentation skills.
  • Experience in and analytical knowledge of emerging markets is important.
  • Experience in portfolio management. Having prior experience attending investee company board meetings and supporting senior partners and portfolio CEOs / Founders will be viewed positively.
  • Fluency in spoken and written English; a multi-lingual background will be viewed upon favorably.
  • The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance;
  • and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

    We areproud to be an equal opportunity and inclusive employer with a dedicated andcommitted workforce, and do not discriminate based on gender, gender identity,religion, race, ethnicity, sexual orientation, or disability.

    Learn more about working at the and , including our values and inspiring stories.

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