Associate Investment Intern Officer at Douala, Cameroon (World Bank)
IFC’s Financial Institutions Group (FIG) is seeking an associate investment Intern officer responsible for designing and implementing upstream advisory projects in the financial sector in Africa, setting the stage for investment transactions that introduce novel concepts, shape markets and drive impact.
Duties and Responsibilities Associate Investment Intern Officer
The position represents a key function in the FIG Africa Upstream Advisory team and involves the following responsibilities:
- Contribute to upstream advisory project design and implementation across a range of initiatives carried out by the FIG Upstream Advisory team in Africa.
- Investigate bankability of business models and project concepts; undertake structuring of investment transactions; map out paths and milestones to investment concept approval.
- Conduct targeted research to enable appropriate project design, including assessment of sector dynamics, identification of market gaps/barriers, and analysis of economics of products and services in the market.
- Develop excel based models to analyze, estimate and/or forecast transaction economics, project scenarios, and partner/client financials.
- Collaborate closely with the FIG investment team to ensure successful conversion from upstream projects to investment transactions; support processing of transaction concepts enabled by upstream work.
- Support and in some cases manage relationships with World Bank, government and private sector stakeholders in support of project design and execution.
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Selection Criteria
- Master’s degree and minimum 5 years of relevant experience in the financial sector, with a minimum of 3 years in an investment function.
- Robust understanding of investment products and bankability criteria; substantial experience in identifying, evaluating, structuring and negotiating debt, equity, guarantee and/or risk sharing transactions; proven track record of creative and novel approaches to early-stage investment work.
- Deep knowledge of a theme/sub-sector of interest to the FIG program in Africa (capital markets, agrifinance, housing, embedded finance, climate); proven expertise in capital markets, securitizations, structured products would be a plus.
- Thorough understanding of financial sectors in Africa.
- Demonstrated experience conducting and distilling market-oriented research and applying a creative approach to problem solving in a project design/implementation context.
- Excellent financial analysis skills to create and refine excel based financial models.
- Excellent organizational and time management skills; ability to manage many simultaneous tasks under time pressure and deliver consistently at agreed deadlines.
- Excellent verbal and written communication skills in English and French; Portuguese a plus.
- Willingness to travel throughout Africa.