Associate, Investment Officer, Fintech Venture Capital - Req32579

Associate, Investment Officer, Fintech Venture Capital

Job # : req

Organization : IFC

Sector : Investment

Grade : GF

Term Duration : 3 years 0 months

Recruitment Type : Local Recruitment

Location : Johannesburg, South Africa

Required Language(s) : English

Closing Date : 4 / 16 / (MM / DD / YYYY) at 11 : 59pm UTC

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 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.

For more information, visit sees private equity and venture capital as making a valuable contribution to development by providing capital and know-how to fast growing companies that are leading drivers of job creation in the emerging markets.

In addition to its more traditional business, IFC supports these companies through its Disruptive Technologies Group, which invests directly in early and late-stage venture companies as well as in venture capital funds.

IFC is seeking an Associate Investment Officer, Fintech Venture Capital to support the team working on direct Fintech investments across Africa to execute equity transactions and support portfolio management.

In addition, the person will support senior members of the team in their business development efforts across Africa, including through the preparation of external presentations to enhance IFC's strategic positioning in the fintech sector in Africa.

Additional responsibilities will be to support the team to prepare internal presentations and briefs for various stakeholders.

In this role, the person is expected to work closely with the global venture capital team and the Africa financial institutions team. S / he will be based in Johannesburg and will report to the Fintech Lead for Africa (CSFDT).

Roles and Responsibilities

1. Conduct industry and market research / mapping to identify a pipeline of direct investments in fintech.
2. Support the execution of direct, co-investment and follow-on financing opportunities in the fintech sector in Africa.
3. Analyze financial statements and prepare financial models.
4. Support the team in all aspects of IFC's deal approval process, including due diligence and preparation of investment-related documents for internal and external audiences.
5. Support supervision of portfolio companies including preparation of portfolio reports and related compliance-related information.
6. Coordinate closely with IFC's internal departments to ensure maintenance of the highest corporate governance, environmental and social, and integrity standards.

Selection Criteria

The selected candidate should be able to demonstrate the following :

1. Holds a master's degree or equivalent degree in finance, economics, business or engineering.
2. At least 5 years of experience in investment banking, consulting or PE preferred;
3. Strong financial, analytical and modeling skills.
4. Strong interest in developing markets, fintech and emerging technology areas.
5. Team player with strong interpersonal skills, and ability to work successfully with colleagues from various cultural backgrounds.
6. Willingness to travel;
7. Excellent communication and presentation skills;
8. Fluency in spoken and written English.

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities. We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Learn more about working at the World Bank and IFC, including our values and inspiring stories.