Investment Officer - Mumbai, India - IFC Systems Corporation

IFC Systems Corporation

Verified Company

Mumbai, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Investment Officer

Job #:

- req23015
Organization:

IFC
Sector:
Financial Sector
Grade:
GG
Term Duration:
3 years 0 months
Recruitment Type:
Local Recruitment
Location:
Mumbai,India
Required Language(s):
English
Preferred Language(s):

Closing Date:

6/19/2023 (MM/DD/YYYY) at 11:59pm UTC
Description

The Financial Institutions Group (FIG) is one of IFC's key Departments responsible for a significant portion of IFC's business volume, profitability and development reach, approximately 40%.

FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas, with both investment and advisory services delivered globally to IFC's clients through IFC's global network.

FIG has three main objectives:
1) financial inclusion 2) servicing the real economy and 3) mobilizing third-party resources.

The Financial Institutions Group is responsible for originating and executing investment transactions in financial sector in the South Asia region.

The financial sector is a key priority in the region and the IFC is seeking to increase the number of investments both in volume and number in the region.

FIG is recruiting an Investment Officer to join the investment team which originates, manages and monitors IFC's financial sector investments.

Investment Officer will be based in Mumbai, India and will report to the FIG Regional Industry Manager covering South Asia.

Roles and Responsibilities

Ability to tap into and leverage resources through expertise in the industry and region and sector, including risks, market dynamics, and regulatory structures.
Able to read and anticipate shifts in market trends and the implications for IFC's current and future business.
Demonstrated success developing new business and deals that add value to a diverse group of clients in countries at different income levels and with different political economies, involving a broad range of IFC products and instruments.
Capacity to identify specific interventions to remove or mitigate market creation barriers in sectors and geographies using new approaches that go beyond IFC, business line, industry, or region to enable private sector investment.
Capacity to lead successful negotiations with clients and different stakeholders based on an indepth understanding of IFC requirements, policies, and practices as well as client and stakeholder interests. Ability to offer alternative solutions to capitalize on opportunities and overcome impasses.
Ability to develop a client engagement plan and implement it by maintaining ongoing relationships with seniorlevel clients, developing a deep knowledge of their business and priorities, anticipating their unexpressed needs, and helping them look beyond markets where they are currently active.
Ability to learn from and exercise influence in working level relationships across the WBG to develop a deeper understanding of how they work and their priorities and interests, advocate for IFC's priorities and identify opportunities to work together to open new markets for private sector investment.
Ability to understand the political context and mindset of government officials to connect their interests with what it would take to create a business climate and incentives for private sector investment in their countries.
Possesses an extensive internal and external network with key players in the sector, country and region, and an ability to leverage those networks to maintain expertise, identify and capitalize on business opportunities, bring deals to closure, and obtain approvals.
Integrate a broad range of complex issues, challenges, perspectives, and recommendations into a cohesive narrative.
Able to clearly illustrate the long term financial and economic benefit of IFC/ WBG offerings and how those benefits align with client and government needs and priorities, including in more difficult contexts (IDA and FCS).
Ability to engage and guide productive discussions with key stakeholders and decision makers where there is resistance to proposed business opportunities or deals and where mutual understanding ultimately occurs.
Ability to supervise staff in business development, processing, portfolio management, or specialty area by providing technical guidance and delegating work to build and effectively use talents of staff and balance workloads.
Ability to guide, advise, mentor, and coach junior staff and peers to develop and broaden their scope of skills, including providing onthe job learning opportunities. Critical for challenging markets.
Excellent written and verbal communication skills with the ability to describe complex issues, approaches, and lessons in a manner that is relevant and understandable to clients/stakeholders.