Type of Funding
International Finance Corporation (IFC), a member of the World Bank group, is inviting recent graduates of relevant Masters degree programs as well as final year advanced degree university students to apply for the position of Associate in the Investment, Advisory or Treasury streams under IFC’s Young Professionals Program. Accepted Associates will be based in Washington DC for at least 1 year. They will build their expertise through engagements in different countries, close to IFC’s clients.
The IFC YPP is a 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. 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. Young Professionals will receive leadership exposure and development as well as active coaching throughout the program.
Newly recruited Young Professionals will attend a 2-week on boarding program and a 4-week residential Investment & Credit training course, where they 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 career progression as investment professionals at IFC.
The Associate Investment Officers will be remunerated according to IFC’s salary packages for the level. The World Bank will assist in processing all visa types if selected applicants are citizens of World Bank member countries.
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 2 October 2018.