Job: Investment Officer

Location: Hanoi, Vietnam 
Deadline: Friday, 20 September 2013 

Description

Background / General description

Note to Internal Staff: If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a renewable term appointment. Preferred grade is GF2/GG1. Background / General description: IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit www.ifc.org. Global Financial Markets is IFC’s largest investment group, which is responsible for sourcing executing and supporting investment transactions in projects in the financial sector globally. We are one of the largest investors in the financial sector in emerging markets and are unique for our global perspective, development goals, long-term approach to investments, ability to leverage the resources of the entire World Bank Group, and our commitment to maximizing the value of our portfolio companies through sustained assistance. To strengthen our financial sector investment team in Vietnam, we are seeking an experienced Investment Officer to be based in our Vietnam Office. As part of the Vietnam and Mekong team team as well as the regional Financial Markets team, the Investment Officer will lead business development, execute transactions, and actively manage portfolio projects in the financial sector. He/she will establish and maintain strong relationships, at the highest levels, with banks and non-bank financial institutions, investors as well as with governmental and non-governmental organizations.

Duties and Accountabilities

Proactively identify potential investment partners and opportunities based on industry experience, reputation, strategic fit, and financial capability. Conducting industry and market research. Assisting in the preparation of country and sector strategy papers, briefs and project profiles

Develop and promote IFC’s investment activities in the financial sector in Vietnam, as part of IFC’s overall Vietnam country strategies;

Work closely with the Global Financial Markets team in the Mekong and the Global Financial Market management to prepare and execute business development strategies and evaluate the attractiveness of specific transactions and making recommendation for IFC’s investments. Analyze industry trends in the Mekong Region and stay current with rapidly changing business and market environments.

Leading teams in sourcing and executing IFC’s investments with a strong focus on credit and asset quality. This would include sourcing and processing mandates, conducting due diligence, structuring deals and negotiating term sheets and other documentation syndications and internal approvals.

Assess investments from financial, technology/operations, management and governance viewpoints;

Coordinate with all relevant units, including advisory services, legal, credit and environmental and social, to structure, strengthen, document and close equity, debt and structured finance investments;

Managing IFC’s relationship with investee companies , which includes:

Keeping frequent contact with, and providing service to, the client;

Reviewing, analyzing and monitoring financial and operating positions of client companies;

Ensuring the terms of IFC’s investment are met and that IFC’s procedures are followed;

Analysis of waiver requests, recommending to IFC management a course of action, and preparation of necessary documentation.

Liaising with IFC’s Credit Department;

Participating in or, if required, taking the lead in restructurings and work-outs of under-performing or non-performing investments, in coordination with other IFC departments as appropriate;

Identifying opportunities for further IFC activities with clients, in the areas of technical assistance activities (e.g. linkages, sustainability), financial services (e.g. carbon credits, clean technology) and investment;

Monitoring of equity holdings and development and implementation of sales strategies to maximize IFC return and development impact;

Identifying early warning signals in assigned portfolio projects and where necessary, formulating/implementing strategies for work-outs, restructuring or rescheduling.

Lead moderately complex projects while ensuring good business promotions and skilled project planning as well as execution,

Maintaining strong relationships with clients, government officials and the business community to facilitate new IFC investments and maximize the success and impact of existing ones

Develop opportunities for technical assistance which will support IFC's investment activities

Contribute to IFC’s repository of industry specific know-how, key industry ratios, lessons learned, and other tools for better and more efficient decision-making.

 

Selection Criteria

MBA or equivalent qualification

At least 8 - 10 years experience in finance/ investment with a proven track-record of sourcing, structuring and closing investments

Experience in and analytical knowledge of emerging markets in general and the Vietnamese financial sector in particular;

Existing and usable network amongst financial and strategic investors in the Vietnamese financial sector;

Strong financial and credit skills; demonstrated ability to structure a variety of financial instruments (debt and equity)

Business development and client relationship skills, track record and ability to focus on clients needs effectively

Ability to interact directly and independently with the senior management of potential clients, of financial and technical partners as well as senior government officials

Excellent verbal and written communication skills in English and Vietnamese

Strong inter-personal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds

Ability to mentor junior investment staff

Highly motivated, committed to highest ethical standards

Genuine commitment to sustainable development

Willingness to travel extensively and geographic flexibility No paper mail or faxes please, only short listed candidates will be contacted

More info and Application