World Bank Jobs in Nigeria [3 recruitment]

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Latest Jobs Vacancies at World Bank in Nigeria.August 19, 2022

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 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org

The World Bank Group – Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2018, the WBG committed $67 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $24 billion was concessional finance to its poorest members. It is governed by 188-member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.

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The Financial Institutions Group (FIG), one of IFC’s industry departments, supports projects in numerous financial sub sectors, partners with local financial institutions, develops domestic and regional equity and debt markets and introduces financing instruments. The goal is to develop efficient financial systems that will increase financial inclusion and fuel economic growth in client countries and enhance IFC’s developmental impact.

FIG is recruiting an Investment Officer (“IO”) to join the investment team which originates, manages and monitors IFC’s financial sector investments, including investments that support the institution’s regional expansion across Africa. The Investment Officer will report to the FIG New Business Manager covering West & Central Africa.

World Bank Recruitment / Jobs

August 19, 2022.

GRADUATE JOBS VACANCIES IN NIGERIA

JULY 20, 2022

World Bank Group Africa Fellowship Program 2023

World Bank Group Title: World Bank Group Africa Fellowship… Read more here

OPERATIONS JOBS VACANCIES IN NIGERIA / BANKING JOBS / BANK JOB VACANCIES IN NIGERIA

JULY 20, 2022

Regional Director at International Finance Corporation (IFC) – World Bank

International Finance Corporation (IFC) a sister organization of… Read more her

FINANCE JOBS VACANCIES IN NIGERIA

JUNE 17, 2022

Energy Specialist at World Bank Group

Job Title: Energy Specialist | World Bank Group… Read more here

GRADUATE JOBS VACANCIES IN NIGERIA

JUNE 15, 2022

World Bank Group Young Professionals Programme (WBG YPP) 2022

Job Title: Young Professionals Programme (WBG YPP) |… Read more here

Investment Analyst

Job Title: Investment Analyst | World Bank Group | Job No: req17726
Location: Lagos, Nigeria
Sector: Investment
Grade: GE
Term Duration: 2 years 0 months
Recruitment Type: Local Recruitment
Required Language(s): English Preferred, Portuguese

Description

  • 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 2021, IFC committed a record $31.5 billion 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 the COVID-19 pandemic. For more information, visit www.ifc.org.
  • The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is a global investor and advisor committed to promoting projects in its developing member countries that are economically beneficial, financially, and commercially sound, and environmentally and socially sustainable. IFC finances private sector investments, mobilizes capital in the international financial markets, helps clients improve social and environmental sustainability, and provides technical assistance and advice to governments and businesses in the developing world. 
  • IFC is looking to recruit an Investment Analyst for its Africa Infrastructure department. The hiring group is responsible for sourcing and executing investment transactions in the power, utilities, logistics, technology, municipal finance, and transportation sectors in the North Africa, Nigeria, Cape Verde, Guinea Bissau, Equatorial Guinea, Sao Tome e Principe, and the Horn of Africa regions (together “the Region”).
  • Investment Analysts work closely with IFC’s Investment Officers, who are responsible for the design, negotiation, structuring and subsequent supervision of the IFC’s investment projects. This position is expected to cover all sectors of the group and is based in Lagos, Nigeria.

Duties and Accountabilities
Responsibilities include but are not limited to:

  • Create and review financial models and ensure consistency with financing agreements and relevant project documents.
  • Analyze historical and projected financial statements.
  • Conduct industry and market research. 
  • Review company information and prepare reports on periodic financial statements and other information submitted by clients.
  • Prepare documentation for IFC internal processes.
  • Work closely with IFC environment and social, insurance, technical, legal and treasury staff and external advisors to evaluate and process investment projects.
  • Establish and maintain quality client relationships to ensure responsive client service and to enhance business opportunities.
  • Participate in investment negotiations, and in the monitoring of investments in portfolio companies including quarterly reporting, compliance and tracking of development outcomes.

Selection Criteria

  • Bachelor’s or equivalent Degree, specialization in Finance preferred.
  • Experience at a top tier financial institution (minimum 2+ years) with a proven track record, including experience creating financial models.
  • Strong analytical and problem-solving skills and sound business judgment to identify issues and present creative and practical solutions.
  • Ability to work successfully in multicultural teams and across boundaries.
  • Demonstrated teamwork skills.
  • Strong client service orientation with an openness to feedback and ideas.
  • Ability to manage and complete multiple projects simultaneously and meet deadlines under pressure.
  • Interest in development issues and working in emerging markets.
  • Excellent written and verbal communication skills in English. Language skills in Portuguese are a bonus. 

Application Closing Date
8th June, 2022 (11:59pm UTC).

How to Apply
Interested and qualified candidates should:
Click here to apply online

E T Consultant

Job Title: E T Consultant

Job No: req17533
Location: Lagos,Nigeria
Sector: Investment
Grade: EC1
Term Duration: 1 years 0 months
Recruitment Type: Local Recruitment

Description

  • 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 2021, IFC committed a record $31.5 billion 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 the COVID-19 pandemic. For more information, visit www.ifc.org.
  • The Financial Institutions Group (FIG) is one of the major industry groups at IFC, responsible for managing roughly 40% of IFC’s overall business in terms of volume and capital at risk.
  • FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, Payments, fintech, and other areas, with both investment and advisory services delivered to IFC’s clients through IFC’s global network.
  • IFC’s priorities in FIG as an industry group are: (i) grow investment and advisory solutions in all regions it operates in, while achieving strong profitability and development impact (ii) build and nurture existing client relationships to make IFC the preferred partner for key clients (iii) manage portfolio of assets for strong profitability and impact; (iv) support local companies, while improving transparency and corporate governance; (v) catalyze foreign investment, including mobilizing B loans, parallel loans, and other forms of capital mobilization; (vi) introduce and develop financial solutions, products and platforms; (vii) build long-term partnerships with strong regional players; (viii) develop client, sector and country-level solutions through upstream and downstream interventions that can be scaled and replicated; and (ix) be a thought leader and innovator of products and client solutions globally.
  • IFC views Fintech as a key solution to a growing need of emerging markets to rapidly catch up with the developed world in financial services.
  •  It expects Fintech players to catalyze transparency, safety, economic and financial inclusion and global economic integration.
  • The Fintech Unit, part of the FIG Equity group focuses specifically in early-stage Fintech investments, bringing to bear IFC’s best knowledge, expertise and network in this converged industry.
  • For the past 10 years, IFC has built a respectable and diverse Fintech portfolio and invested in more than 60 fintech companies more than $470 million.  In addition, FIG is also seeking to invest in late stage or at-scale Fintech entities in order to enhance our impact and footprint.
  • IFC is looking for an Extended Term Consultant to work as an Investment Analyst for its FIG Department to work on Fintech and equity related investments on a [two] year, extendible to [three]-year contract. The consultant will work alongside experienced investment staff to help deliver on IFC’s ambitious program and development objectives.

Duties and Accountabilities

  • The consultant will assist Senior Investment staff in delivering the FINTECH business program.
  • This typically comprises business development, project screening, appraisal and approval, project and portfolio monitoring during build-up and operation phases, knowledge management, as well as other supporting roles as needed.
  • The Consultant participates in client engagement, desktop research, memorandum and report writing, project administration using IFC’s IT tools, making and delivering presentations. Travel will be required depending on business needs.

Detailed Tasks Include
Market making and project preparation:

  • Assist senior Investment staff in developing markets and business opportunities
  • Help team screen projects at early stages for financial viability, risk and developmental impact 
  • Analyze operations and different business models in the relevant industry 
  • Maintain cost and productivity data bases for the FINTECH in emerging markets 
  • Conduct industry, market and company research

Processing:

  • Participate in all aspects of IFC’s deal approval process including due diligence, appraisal, preparation of fintech Investment Committee materials and approvals
  • Assist with review of project information and technical documentation during the due diligence phase – including, amongst others, review of market projections, review of project-related contract documentation, etc.
  • Prepare investment-related documents for internal and external audiences

Portfolio:

  • Assist with proactive monitoring of portfolio companies including progress and operations reports; flag major issues

Other:

  • Perform analytics on markets, company performance, portfolio data and storage of market and other relevant information
  • Help design and maintain proper KPI database for portfolio companies and opportunities
  • Work on development and update of lessons learnt database, technical handbooks, and knowledge management materials
  • Complete filing and dissemination of relevant project documentation
  • The Consultant must demonstrate business sense and responsiveness in interactions with others, being able to form relationships with counterparts and mid-level clients and stakeholders to exchange information needed for transaction or portfolio processing.

Selection Criteria

  • A Bachelor’s Degree or Higher in Finance, or similar field and relevant to the FIG equity and fintech, preferably with at least two years relevant sector experience
  • Strong technical and analytical skills; good professional judgement
  • Strong oral and written communication skills; fluency in English required; proficiency in additional global business languages is a plus, in particular fluency in French.
  • Emerging market exposure preferred
  • Team player with strong interpersonal skills, ability to interact effectively with clients and colleagues from various cultural backgrounds
  • Ability to travel on short notice
  • Interest in the World Bank Group and IFC’s mission, strategy and values

Application Closing Date
23rd May, 2022 (11:59pm UTC).

How to Apply
Interested and qualified candidates should:
Click here to apply online