GBLCAREERS

IFC’s Public-Private Partnership Transactions (CASPP) within the Cross Cutting Advisory Solutions Department (CASDR) provides sell side financial advisory services and acts as Lead Transaction Advisor to governments to structure and implement public private partnerships (PPP) transactions, primarily for public services. Its aim is to increase access to basic infrastructure (electricity, water, transportation and telecommunications) and social services (health and education) and facilitate private investments.

The department is looking to recruit an experienced Associate Investment Officer (AIO) for its Africa team who will support the regional team and management with the whole PPP transaction process of IFC acting as Lead Transaction Advisor. The team focuses on advising on the following types of transactions, across all infrastructure sectors with a particular focus on energy and transport:

• Public-Private Partnerships e.g. BOT type concessions

• Management and lease contracts

• Restructuring and privatization of state-owned enterprises

The position is based in Dakar, Senegal and reports to the Regional Manager and Head for PPP Transaction Advisory Services in the Sub-Saharan Africa region.

Note: 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 3 year term appointment.

Duties and Accountabilities:

Main duties include:

• Support business development and help originate advisory mandates by managing marketing activity in assigned countries with donors and with both public sector and private sector stakeholders;

• Participate in the day-to-day management of project teams working on advisory mandates, including review of legal and technical outputs, documentation and financial models;

• Manage client expectations and provide appropriate advice as necessary through proposing practical solutions;

• Coordinate closely with other teams both within IFC and across the rest of the World Bank Group in order to ensure project bankability;

• Execute projects from mandate signature, through due diligence, prequalification, tendering and award, to the finalization and execution of all project agreements leading to financial close. (Negotiation of the template project documents is expected to be minimal, but strong negotiation skills will be required to develop solutions and overcome impasses in transactions) ;

• Develop, coach, motivate and manage junior members of the team;

• Assist in other project- or strategy-related activities, and potentially on other mandates in the power sector and other sectors, as required.

Selection Criteria:

MBA or equivalent qualification;

At least 4-6 years of experience in project finance, investment banking and/or infrastructure economics, with good knowledge and networks especially in Sub-Saharan Africa;

Understanding of public-private partnerships (PPPs) and different structures for engaging the private participation in the delivery of infrastructure services;

Good understanding of the infrastructure business and experience in working with different sectors;

Strong financial, analytical and modeling skills; sound business judgment; ability to find creative solutions to accommodate different interests;

Experience in reviewing legal documents and/or technical studies will be a plus;

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

Strong track record of contractual and/or financial closings of infrastructure transactions;

Experience in dealing with government clients, investors and multiple stakeholders of infrastructure projects;

Ability to manage teams in multiple transactions, delivering high quality work within deadlines, and to meet team objectives;

Excellent interpersonal skills and interact effectively with clients and colleagues from various cultural backgrounds;

Leadership, coaching and mentoring skills;

Willingness and ability to travel on short notice and frequently, as required;

Motivated and enthusiastic about the opportunities and challenges of sustainable development;

Excellent written and oral communication skills in English and French is required.

Application information:

Applications should include a cover letter. Cover letter/CV should make reference the relevant results the candidate has delivered in prior positions, rather than simply listing responsibilities. All applications will be treated in the strictest confidence. Only short-listed candidates will be contacted.

IFC’s Recruitment and Employment Policies reflect its strong values for cultural, racial and gender diversity. Citizens of African countries, women and minorities are strongly encouraged to apply.

Application Instructions:

• Only online applications are accepted: do not email your application to the hiring manager or the HR contact (even if you have applied online), as it will be neither acknowledged nor accepted.

• The hiring manager will contact only short-listed candidates for interviews.

• Do not call/email to find out the status.

Should you have difficulties submitting your application online, please contact the World Bank HR Help Desk at [email protected].

Apply Online