Job Vacancies International Finance Corporation (IFC), March 2012

Job Vacancies International Finance Corporation (IFC)
Position: Principal, IFC Global Infrastructure Fund (GIF)
Location: United States of America ( The ), Washington
Closing Date: Monday, 16 April 2012

Background / General description
IFC Asset Management Company, LLC is an equal opportunity employer. IFC Asset Management Company, LLC (AMC) is the fund management arm of International Finance Corporation (IFC). AMC was established in 2009 as a wholly-owned subsidiary of IFC, to mobilize and manage third-party capital for investment in private enterprise in developing and frontier markets. It aims to enhance IFC’s development impact and financial sustainability, as well as generating profits for investors. AMC-managed funds are targeted at investors who are looking to increase their exposure to emerging markets and who are interested in accessing IFC’s transaction pipeline, investment approach and standards, global reach and track record of superior returns. AMC currently has $4 billion under management in the following funds:
IFC African, Latin American and Caribbean Fund, which co-invests in IFC equity and equity related transactions in Africa, Latin America and the Caribbean across a broad range of sectors
IFC Capitalization Fund, which invests in the equity and subordinated debt of large domestic commercial banks in developing countries
Africa Capitalization Fund, which makes equity or equity-related investments in commercial banks in North Africa and Sub-Saharan Africa In addition, AMC is planning to raise and manage additional funds in the future, each with a focus on a particular sector, region or product. This includes the IFC Global Infrastructure Fund, which will invest alongside IFC in infrastructure, natural resources and telecoms companies and projects in emerging markets globally. IFC’s investment departments support AMC by providing investment origination, execution and supervision services, while all investment and portfolio decisions for funds under management are taken independently by AMC.

Duties and Accountabilities
AMC is looking to hire a Principal for the IFC Global Infrastructure Fund based in Washington, DC or Singapore to focus on the development and execution of investments for the Fund in coordination with the IFC business development teams and regional offices. The Principal will report to the Fund Head and will be responsible for:
(i) leading AMC investment teams;
(ii) working with the Fund Head and other AMC team members to support IFC to structure, negotiate and monitor a solid and well balanced investment portfolio; and
(iii) maintaining a good relationship with the fund’s investors and with IFC investment teams working with the fund. In particular, the Principal will:
Establish strong credibility with investee companies, IFC staff and the fund’s investors;
Provide deal structuring and negotiation leadership to AMC investment teams;
Develop a pipeline of potential fund investments in coordination with IFC’s business development teams and regional offices;
Lead presentation of investment proposals to the fund’s Investment Committee, articulating the detailed investment rationale and making concrete recommendations regarding proposed investments;
Monitor portfolio companies and develop recommendations regarding portfolio actions including divestitures;
Participate in fund raising activities both for the fund and for other AMC managed funds;
Work closely with the Fund Head and AMC’s Chief Administrative Officer in implementing effective fund administration, including investor liaison and reporting.

Selection Criteria
The successful candidates are likely to have worked for a private equity firm or an international financial institution or major bank with significant emerging markets presence. They will have a good knowledge of overall infrastructure sector trends and a deep understanding of and practical experience in valuation, structuring, portfolio management and business strategy. The successful candidates will possess: familiarity with international best market practices and global trends in infrastructure sectors; strong analytical skills, with experience in financial modeling; experience in structuring private equity and/or mezzanine infrastructure investments, including an ability to mitigate risks and enhance returns; and expertise in negotiating complex transactions. Other desirable attributes include:
A business mind-set with a “can-do” attitude and the ability to make tough decisions under pressure;
Demonstrated teamwork skills, in both leadership and participant roles, including the ability to build and manage teams and coach others to achieve results;
A strong client service orientation, with openness to feedback and new ideas;
The ability to work effectively across organizational boundaries to build networks across the industry;
Excellent oral and written communication skills in English are required, including a demonstrated ability to communicate complex ideas clearly and tactfully to a variety of audiences;
A willingness to travel frequently is required To apply for this position, please send your CV and cover letter to AMCRecruit@ifc.org indicating which of the locations would be preferable. This position may be located in Washington, D.C. or Singapore.

International Finance Corporation (IFC)
2121 Pennsylvania Avenue Northwest
Washington, DC 20433-0005
(202) 473-7711




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