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Senior Investment Officer, Financial Institutions Group, Caribbean
Kingston, JMPosted 2 days ago
onsite
Job Description
Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org. The FIG’s Latin America and the Caribbean team (FIG LAC) is based across the LAC region with main hubs and locations in Mexico, Argentina, Colombia, and Sao Paulo. The team members work on both new business development and processing, and portfolio management across the region. FIG LAC Regional Industry Team is seeking a Senior Investment Officer with strong market and industry experience in Latin America the Caribbean to originate, manage and drive IFC’s financial sector investments across the Caribbean and oversee the portfolio. The primary focus is on the Caribbean countries, with selective coverage of Central America and Mexico, as needed. This vacancy announcement is for one position posted across multiple possible duty stations. That includes Kingston, Jamaica and Port-of-Spain, Trinidad Tobago. The selected candidate's duty station will be determined based on organizational requirements and business needs. Duties and Accountabilities • Demonstrate a thorough understanding of banking, financial institutions, and related industry knowledge. • Develop a strong pipeline of good quality investment opportunities in the Caribbean, through proactive origination/business development and developing and employing sector/country knowledge. • Develop and drive investment strategies in the region, including identifying priority investment areas with strong development impact, articulating IFC’s additionality in the market, and targeting potential clients, partners and investors. • Engage with mid and senior-level clients of projects to understand their business directions and challenges that may lead to new opportunities, and support design of client engagement plans, as applicable. • Build and maintain strong relationships with multilateral partners and government officials to develop specific investment opportunities. • Evaluate, structure, negotiate, and close new transactions, portfolio restructurings, rescheduling, capital increases, equity sales, as necessary, with a strong focus on credit and asset quality (include processing mandates, due diligence, negotiating term sheets and other documentation, syndications, and board approval). • Provide support to regional industry and portfolio teams in processing and supervising regionally managed projects. • Provide supervision and support to more junior staff, managing and coordinating projects and work program of the team across the regional hub. • Work with the FIG country team, country, and industry managers to formulate a FIG strategy for the countries and the region. • Monitor portfolio performance and recommend follow up and proactive support to enhance the investee company's value/ franchise. • Provide leadership and support in the development of the Financial Institutions Group’s knowledge management strategy, and assist in execution of this strategy. • Coordinate closely with social, environmental, advisory, and technical assistance colleagues in order to champion IFC’s value to our clients' businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact. • Coordinate closely with IBRD and MIGA teams to identify and advance joint opportunities, ensuring effective One WBG collaboration and maximizing development impact. • Take responsibility for supervision of investments in the financial industry sector, with particular focus on problem/restructuring situations. • Mentor and coach less-experienced investment staff and help build talent and grow skill base of staff. • Assist in other project or strategy related activities as the need may arise.