International Finance Corporation (IFC) Young Professionals Program 1841 views

Type of Funding

Salary

Frequency

Annual

Description

International Finance Corporation (IFC), a member of the World Bank group, is inviting current students or recent graduates of MBA programs or other similar program, to apply for the position of Associate in the Investment, Advisory or Treasury streams under IFC’s Young Professionals Program 2020. 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.

Responsibilities include:

  • Analyzing operational and financial performance of potential client companies or projects to identify opportunities, address risks, and recommend investment options;
  • Evaluating benefits and risks of new transactions;
  • Supervising project implementation, including disbursements;
  • Building and maintaining strong relationships with clients and other stakeholders; and
  • Coordinating closely with social, environmental, and technical assistance colleagues.

Benefits

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.

Eligibility

Applicants must be current students or recent graduates of MBA program or other 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. Those with more than 6 years’ experience should not apply as this is a junior position that would better fit a candidate with the 3 to 6 years of experience.

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.

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 an asset.

Application

Applications are to be done online by 1 October 2019.

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