World Bank Principal Investment Officer – Investment Jobs 2023 – Kenya NGO Jobs. World Bank Kenya looking for “Principal Investment Officer – Investment”. Applicants with a Master’s degree may apply on or before 06 February 2023.
The World Bank Group (WBG) is one of the world’s largest sources of funding and knowledge for development solutions – providing loans, grants, equity investments and guarantees to its members and private businesses. The vision of the World Bank Group (WBG) is the eradication of extreme poverty and the promotion of shared prosperity by fostering income growth of the bottom 40 percent in each country.
World Bank Principal Investment Officer – Investment Jobs 2023
The World Bank has published a job vacancy announcement on 28 January 2023 for qualified Kenya’s to fill in the vacant post of Principal Investment Officer – Investment to be based in Nairobi, Kenya.
World Bank Job Vacancy 2023
Role & Responsibilities:
The Hub Lead, PIO, will work closely with colleagues in the three CMUs and in Washington, DC, on M&S sector strategies, business development, transaction execution, portfolio supervision, and client relationship management. The responsibilities include but are not limited to:
- Lead the M&S business in the CMUs under coverage by deepening the strategic approach across the different sub sectors and in alignment with the overall strategies in Africa and relevant countries under coverage in close collaboration with the team and across relevant WBG units.
- Work closely with the sector leads and managers of the M&S team to jointly develop a strong business pipeline.
- Assess the attractiveness of specific investment opportunities with a strong focus on credit quality and development impact and make recommendations to IFC’s management in order to build an overall strong M&S portfolio. Periodic knowledge management sessions to develop team capacity in assessing opportunities.
- Proactively identify potential investment partners and opportunities based on industry experience, reputation, market potential, financial capability, and strategic fit.
- Support the team in developing strong relationships with key counterparts in the private and public sector as well as development partners and manage key strategic client relationships.
- Execute loan, equity, and mezzanine financings including processing mandates, conduct due diligence, structuring deals, negotiate terms and documentation, arrange syndications, and process internal approvals.
- Work closely with IFC’s specialists to manage environmental, social, technical, legal, insurance, corporate governance, and other risks in projects and champion IFC’s sustainability offerings to clients.
- Monitor clients’ compliance with the terms of investment agreements, prepare timely supervision reports, identify early warning signs, and, when necessary, formulate/implement strategies for work-outs, restructurings or rescheduling.
- Provide high quality client service throughout the project cycle from transaction sourcing and processing to supervision.
- Supervise and mentor more junior colleagues in the different relevant offices of the coverage.
Qualification & Experience:
- MBA, Master’s degree in Finance or equivalent;
- At least 12-15 years of work experience for a major commercial or investment bank with significant emerging markets presence, an international financial institution or a private equity firm;
- Experience in investment transaction, with proven success in developing client relationships as well as sourcing, negotiating, structuring and closing quality investments and strong knowledge and prior experience in the tourism, retail and property sectors;
- Knowledge of and experience in emerging markets a plus (particularly in Sub-Saharan Africa);
- Strong business judgment in identifying potential business partners;
- Strong financial and credit skills; sound business judgment and demonstrated ability to structure a variety of financial instruments (debt and equity);
- Client relationship skills, track record and ability to focus on client needs effectively;
- Ability to interact directly and independently with the senior management of clients, financial and technical partners as well as senior government officials;
- Strong people management, interpersonal and leadership skills, ability to work successfully in multicultural teams and across boundaries and to build networks across the region, including the ability to mentor and coach others to achieve results;
- Excellent organizational, administrative, and time management skills;
- Proven ability to work independently and deliver promptly and efficiently under pressure and meet tight deadlines;
- Willingness to travel extensively and geographic flexibility;
- Excellent verbal and written communication skills in English. Fluency in other languages, particularly French, Arabic, Portuguese, is a plus.
Other Details
- Contract Type: Full Time
- Selection Process: Interview
- Salary: negotiable
- Application Process: Online
How to Apply World Bank Principal Investment Officer – Investment Jobs 2023
Note: Before you apply, please download (link is given below) the full advertisement and read it carefully.
Then to apply, go to this link Click Here
The Closing Date: 06 February 2023
Only shortlisted candidates will be contacted for interviews.