The World Bank Group – Established in 1944, is one of the world’s largest sources of funding and knowledge for development solutions. In the fiscal year 2018, the WBG committed $67 billion in loans, grants, equity investments, and guarantees to its members and private businesses, of which $24 billion was concessional finance to its poorest members. It is governed by 188-member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.
Eligibility Criteria
Selection Criteria
- Master’s Degree and 5-7 years of relevant experience in the financial sector, preferably in an investment-related function and/or the private equity industry.
- Good understanding of financial and operational characteristics of financial institutions.
- Clear experience and expertise in identifying, evaluating, structuring and negotiating debt and equity transactions; experience in portfolio management.
- Experience in emerging FinTech platforms and technologies such as digital banking, mobile payments, digital lending, InsurTech etc. a plus.
- Strong interest in innovative, disruptive solutions for the financial services industry.
- Sound business judgment and strong problem solving/negotiation skills, as well as ability to work effectively on simultaneous projects under time pressure.
- Excellent verbal and written communication skills in English
Duties and Accountabilities
- Provide key support in identification, appraisal, structuring and negotiation of financial sector investments.
- Identify and analyze fundamental competitive strengths and weaknesses of projects or portfolio companies and identify non-financial issues, opportunities, and risk/reward factors (e.g., business environment, country, and sponsor).
- Handle disbursements, waivers, and complex client interactions such as restructurings; monitor and value equity investments and recommends/executes the sale of holdings.
- Monitor existing investments in portfolio companies, comprising various types of financial entities.
- Review and analyze the financial and operating performance of clients; prepare quarterly risk ratings, annual supervision, and other management reports as well as country strategy papers, briefs and project profiles.
- Handle client relationships and provide insight into sector developments in client countries to anticipate new investment opportunities and/or performance issues.
- Apply knowledge of project/portfolio lifecycle to identify and meet critical path milestones, and to implement tasks (including production of documents) in a timely and high-quality fashion for the processing or supervision of projects.
- Support business development teams in engaging with and delivering projects focusing on FinTech topics such as payments, lending, wealth management, InsurTech and others.
- Actively keep abreast of regional and industry developments and incorporates trends into the processing or supervision of projects.
- A keen interest in development finance and working in a multicultural environment.
Offered Benefits
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance, paid leave, parental leave, and reasonable accommodations for individuals with disabilities.
