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 2024, IFC committed a record $56 billion in long term finance to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

IFC has embarked on an ambitious new growth strategy (IFC 3.0) to stimulate more investment activity. This strategy calls for generating unique opportunities by proactively working “Upstream” to create, deepen, and expand markets and to imagine, design and implement investment projects. It requires taking a systematic approach to understanding the regulatory and sector bottlenecks that prevent the flow of private capital into productive investment in our member countries and addressing these bottlenecks through World Bank Group engagement on policy reforms and programmatic interventions at the country and sector level. This strategy also calls for working with Governments and World Bank colleagues to first seek private sector solutions to address development challenges - where such solutions are advisable and can be effective - and reserve public financing for projects only when other options are suboptimal. This approach is called the “Cascade”.

IFC’s Infrastructure Department is looking to hire an Investment Officer to join IFC’s infrastructure investment team covering primarily the MCT Region (Middle East, Central Asia, Türkiye, Afghanistan and Pakistan). The selected candidate will be based in Riyadh, Saudi Arabia and will be an integral part of the investment team working across the business cycle (business development, “upstream”, new investments and portfolio), but with a focus on leading and/or supporting business development, processing and managing IFC’s investments throughout the life of IFC’s investments.

Role and responsibilities:
 
•  Contribute significantly to the development and implementation, in consultation with the IFC’s regional and industry teams, of an integrated investment and advisory/upstream strategy that will enhance IFC’s engagement on Infrastructure sectors.
•  Develop a strong pipeline of investment and advisory opportunities by following market trends, employing sector and country knowledge, and using market intelligence.
•  Develop innovative and appropriate financial structures for complex transactions. Structure moderately complex investment or advisory transactions incorporating lessons of project evaluations and portfolio management experience.
•  Actively participate in negotiation/documentation; use strong negotiation skills to develop solutions and overcome impasses in new business and portfolio transactions.
•  Perform credit risk rating assessments, covenant compliance reviews, and development impact assessment. Review the quality of portfolio review work performed by more junior staff.
•  Collect insights and lessons learned from IFC’s portfolio experiences, connect trends from different areas of the business and portfolio, ensure portfolio experience and perspective is fed into strategy development and make recommendations on how these could improve business development and transaction structuring.
•  Contribute to drafting strategies with a focus on Infrastructure and help develop and execute effective implementation plans.
•  Proactively engage with clients with a focus on demonstrating and delivering IFC’s value-add, optimizing risk-return profile and development impact of IFC’s investments as well as exploring future business possibilities.
•  Cultivate and maintain senior level relationships with key real sector public and private sector stakeholders in Saudi. Participate in putting together sector interventions and client engagement plans for IFC’s strategic clients.
•  Keep abreast of macro-economic developments that can impact IFC’s activities in Saudi and provide regular inputs to regional and industry teams. Gather market intelligence, analyze strategically important portfolio trends, and emerging risks and opportunities.
•  Provide business intelligence to investment teams to enable them to identify integrity issues, devise appropriate investment structuring, and to inform them adequately in the management of portfolio projects.
•  Collaborate closely with IBRD colleagues and other IFIs working in relevant sectors and help develop and implement joint sector engagement strategies.
•  Provide strategic input into “upstream” initiatives that create, deepen, and expand markets, and require the imagination, design and implementation of investment projects.
•  Coordinate closely with global colleagues, social, environmental, and technical assistance colleagues to add value to our clients' businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact.
•  Mentor and coach more junior team members and help provide leadership in actively managing the portfolio and client relationships.
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Before applying, please make sure that you have read the requirements for the position and that you qualify. Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.