Associate Syndications Officer
London
- Organization: World Bank Group
- Location: London
- Grade:
-
Occupational Groups:
- Banking and Finance
- Closing Date: Closed
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. 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 www.ifc.org.
The Syndicated Loans and Management Department is responsible for raising external funds for IFC clients through the B Loan program, Parallel Loans and the Managed Co-Lending Portfolio Program (MCPP). The selected candidate will support the expansion of its growing business and management of the existing portfolio.
Duties and Accountabilities:
• Follow international lending markets and banking activities to understand and anticipate trends, with particular focus on Africa, ECA & MCT. Regularly and proactively share market information with IFC colleagues.
• Conduct industry and bank market research and pricing data analysis, including secondary market pricing; prepare regular pricing reports for syndicated loans.
• Conduct deal-specific market soundings to advise IFC project team on deal structure and pricing; develop list of prospective banks and syndication strategy for individual syndications.
• Review company, economic and financial information and legal documentation for new transactions.
• Prepare information memoranda, executive summaries and other reports for the bank market in collaboration with relevant Investment Department.
• Active involvement in the syndication of IFC B Loans, parallel loans and MCPP loans, and IFC A Loan participation in the secondary market.
• Manage assigned syndicated loan portfolio by providing high-quality service to B Loan participants/parallel lenders/MCPP investors on ongoing project work (amendments, waivers, restructurings, information transmission on key developments, responding to inquiries).
• Ensuring contractual responsibilities with B Loan participants/parallel lenders/MCPP investors are being met while at the same time managing these syndicated loan portfolio relationships.
• Distribute marketing information to prospective B Loan participants and parallel lenders and organize and attend roadshows for individual syndications.
• Develop and maintain relationships with international, regional and local commercial banks, IFIs and other existing/potential B Loan Participants and parallel lenders, and increasingly institutional investors.