Investment Officer at World Bank

Job #: req11399
Grade: GG
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment
Required Language (s): English, French

Description

• We are seeking for a Investment Officer to provide coverage for IFC’s corporate venture investment program across Africa.
• The role will include engaging and enhancing IFC’s strategic positioning in the venture capital space across all relevant industry verticals. S/he will be based in either Lagos, Nigeria or Nairobi, Kenya.

Duties and Responsibilities

• Develop and make strategic direct venture investments, VC funds investments, and co-investments for the region in target sectors based on rigorous due diligence of prospective early growth stage ventures, strong technology analysis, business model and financial valuation
• Manage portfolio of direct VC, VC funds investments and co-investments in Africa; helping investees leverage on the resources and expertise of IFC and the broader World Bank Group.
• Participate in and lead negotiations and transaction structuring with potential investee companies;
• Assist in negotiating new investment transactions across emerging markets;
• Lead due diligence for investment decisions;
• Develop market creation initiatives to expand the VC ecosystem in lesser developed parts of the region;
• Establish, build, and maintain strong relationships with the venture ecosystem in the region, including early stage start-ups, venture, corporate and strategic investors and development partners.
• Develop strong relationships with leading African corporations to facilitate connections with portfolio companies for commercial and strategic partnerships
• Conduct analysis of and follow up on new business opportunities and liaise extensively with colleagues across the regions and DC headquarters.
• Lead and support development of sector strategies and market assessment exercise to support business development and portfolio valuation creation efforts.

Selection Criteria

• At least 8 - 10 years of work experience of which at least 4-6 years of venture capital or private equity experience, ideally with some emerging markets transaction experience preferably in Africa. Prior experience in, investment banking or business / corporate development will be considered;
• Significant transaction experience in and analytical knowledge of venture investing; specific sub-sector knowledge in one of the focused areas a plus (i.e. digital health, e-logistic/ supply chain; edtech; agtech; enterprise software solution, financial services)
• Experience in lead negotiating and structuring complex equity transactions;
• Existing and usable network amongst financial investors and strategic investors in emerging markets;
• Experience in portfolio management, including facilitation of exits. Having prior experience as an investee company board director or operational experience at a venture-backed company is a positive;
• Advanced degree required, MBA from leading international institutions preferred.
• Written competency and spoken language fluency in English, with strong writing and speaking capabilities in French recommended but not required.
• Excellent financial and analytical skills.