Deadline: October 1, 2019 (7:59 pm EST)
IFC’s Young Professionals Program is a unique opportunity to launch your career as a global investment professional helping to build the private sector in developing countries. You will join as an Associate in the Investment, Advisory or Treasury streams and will be based in Washington DC for at least one year. You will build your expertise through engagements in different countries, close to IFC’s clients. The program is open to final year students working toward an advanced degree such as an MBA, JD, other relevant Masters degrees or recent graduates.
You will participate in a 2-week on-boarding program, where you will learn about the World Bank Group in general and specifically about IFC products and operations. You will also interact with Senior Management and other staff. In addition, you will be enrolled in a 4-week residential
Investment & Credit training course, where you will be introduced to IFC’s investment and credit culture and investment process.
The Investment & Credit training course is a series of training courses that form building blocks to support your career progression as an investment professionals at IFC.
You will also have an opportunity to interact with other Word Bank Group (WBG) Young Professionals, which will enable you to forge career long networks across the WBG institutions
and gain a greater understanding of each institutions products and operations.
Program Features:
- 3-year program with 2 to 3 rotational assignments either in a regional hub or a different industry department or in another World Bank Group institution
- Participating units include Financial Institutions Group; Infrastructure and Natural Resources; Manufacturing, Agribusiness and Services; TMT, Venture Capital & Funds; Public Private Partnership; and Treasury and Syndications
- Leadership exposure and development that provides strong opportunities for growth
- Active coaching throughout the program
Eligibilities:
The AIO’s should have 3 to 6 years of prior relevant work experience (investment banking, project
finance, private equity, corporate finance, portfolio management, management consulting or
Treasury).
Other requirements:
- Current students or recent graduates of MBA or similar program.
- Strong analytical and credit assessment skills, as well as solid understanding of accounting and financial statement analysis.
- Knowledge of relevant industry sector trends, sound business judgment and problem solving, negotiation and commercial skills.
- Enthusiasm for working in multi-cultural teams and across borders, preferably with experience working in developing countries.
- Excellent verbal and written communication skills in English, fluency in other languages (Arabic, Chinese, French, Portuguese, Spanish or Russian) is a plus.
- Willingness to travel extensively and geographic flexibility.
Selection Criteria:
- 3 to 6 years of prior relevant work experience (investment banking, project finance, private equity, corporate finance, portfolio management, or financial consulting); and
- Current students or recent graduates of MBA or similar
- Experience in international finance, demonstrated leadership and passion for sustainable private sector development
- Strong analytical and credit assessment skills, as well as solid understanding of accounting and financial statement analysis
- Knowledge of relevant industry sector trends
- Sound business judgment and problem solving, negotiation and commercial skills
- Ability to develop new business and effectively focus on client needs
- Enthusiasm for working in multi-cultural teams and across borders, preferably with experience working in developing countries
- Excellent verbal and written communication skills in English; fluency in other languages (Arabic, Chinese, French, Portuguese, Spanish or Russian) preferred
- Willingness to travel extensively and geographic flexibility
- Participants are expected to be geographically flexible and interested and able to relocate as business needs require
- Must obtain Master’s or MBA degree by June 2020
Responsibilities Include:
- Analyze operational and financial performance of potential client companies or projects to identify opportunities, address risks, and recommend investment options.
- Evaluate the benefits and risks of new transactions and develop innovative and appropriate
financial structures. - Supervise project implementation, including disbursements.
- Build and maintain strong relationships with clients and other stakeholders.
- Coordinate closely with social, environmental, and technical assistance colleagues to add
value to our clients’ businesses and achieve sustainable development impact.
