Type of Funding
International Finance Corporation (IFC), a member of the World Bank group, is inviting current students or recent graduates of MBA programs to apply for the IFC Young Professionals Program (IFC YPP) Class 2018, a recruitment program for entry-level Investment Officers who will work in IFC’s offices worldwide.
The IFC YPP offers the opportunity of launching a global career as an investment professional helping to build the private sector in developing countries. Participants join as an Associate Investment Officer (AIO) in the Investment, Advisory or Treasury streams and will be based in Washington DC for at least 1 year, responsible for identifying, structuring, closing and monitoring IFC’s loans and investments, building their expertise through assignments in different countries, close to IFC’s clients. This will kick-start their career as a global investment professional helping to build the private sector in developing countries.
During the 3-year program, IFC Young Professionals will participate in 2 to 3 rotational assignments either in a regional hub or a different industry department or in another World Bank Group institution. The units where IFC Young Professionals will be assigned to include: Financial Institutions Group; Infrastructure and Natural Resources; Manufacturing, Agribusiness and Services; TMT, Venture Capital & Funds; Public Private Partnership; and Treasury and Syndications.
The program is structured to provide participants with leadership exposure and development and with active coaching throughout the program.
The Associate Investment Officers will be remunerated according to IFC’s salary packages for the level.
Applicants must be final year students working toward an advanced degree such as an MBA, JD, other relevant Masters degrees or could be recent graduates of MBA or similar program. They should have 3 to 6 years of prior relevant work experience in investment banking, project finance, private equity, corporate finance, portfolio management, management consulting or Treasury.
They need to have strong analytical and credit assessment skills, as well as solid understanding of accounting and financial statement analysis. Knowledge of relevant industry sector trends is required, as is sound business judgment and problem solving, negotiation and commercial skills.
IFC is looking for candidates with the ability to develop new business and who can effectively focus on client needs. They have to be enthusiastic about working in multi-cultural teams and across borders and are willing to travel extensively. Those with experience working in developing countries are preferred.
Excellent verbal and written communication skills in English is needed, and fluency in other languages (Arabic, Chinese, French, Portuguese, Spanish or Russian) is preferred.
Applications are to be done online by 10 October 2017.