International Finance Corporation (IFC) Internship Vacancies

Company Info

International Finance Corporation (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 2022, IFC committed a record $32.8 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 global compounding crises.

1). IFC Global Internship Program (37) – Africa Environmental and Social Policy Internship

Job #: req21067

Location: Lagos, Nigeria

Sector: Other

Grade: UC
Term Duration: 0 years 5 months
Recruitment Type: Local Recruitment

Job Description

  • As part of our Global Internship Program (GIP), IFC is seeking five summer interns in the Environmental & Social Policy and Risk department (CEG), based in the following country offices: Cairo, Dakar, Nairobi, Lagos, and Johannesburg, one intern in each location.
  • The GIP offers highly motivated individuals an opportunity to be exposed to the mission and work of the IFC and the broader World Bank Group and become part of the largest private sector development institution in the world.
  • The program encourages individuals to bring new perspectives and innovative ideas to IFC’s work while improving skills in a diverse and highly stimulating environment.
  • Moreover, the GIP provides a unique opportunity to exchange ideas and network with international professionals dedicated to ending extreme poverty and boosting prosperity in the developing world.
  • The Internship period will be between May 2023– September 2023.

Duties and Accountabilities

  • Support in E&S appraisals and supervision
  • Compile and analyze data
  • Develop E&S training materials

Selection Criteria

  • Candidates must be currently enrolled in a relevant Master’ s Degree level program with an expected graduation date after December 1st, 2023 in order to be eligible.
  • Field of study in Environmental Engineering or Science, preferably.
  • At least 3 years of relevant experience, including 2 years of previous work experience in E&S, preferred.

Language:

  • Required Language(s): English
  • Preferred Language(s): French, Arabic (for Cairo Office).

Application Closing Date
6th March, 2023 at 11:59pm UTC

Note

  • Please refrain from submitting more than three applications to our internship program otherwise your candidacy may be disqualified and rescinded.
  • Poverty has no borders. Neither does excellence. This is why we continually search for qualified individuals with diverse backgrounds from around the globe.
  • We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

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2). Investment Analyst

Job No.: req20968
Location: Lagos, Nigeria
Sector: Investment
Grade: GE
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment

Description

  • IFC’s Disruptive Technologies and Funds Group (“CDF”) invests in private sector companies globally. IFC’s CDF has a track record of successful investments in direct venture capital and in venture capital funds across many sub-verticals, building out start-up business and co-investing alongside growth equity funds, and in venture capital funds.
  • CDF is unique for both its regional and global prospective on the venture capital space, long-term approach to investments, ability to leverage the resources of the entire World Bank Group, as well as its commitment to maximizing the value for its portfolio companies through sustained assistance.
  • The Disruptive Technologies and Venture Capital team (“CDFDT”) invests in venture/early growth companies and funds that support innovative technologies or business models with high impact potential in Emerging Markets.
  • By executing transactions at earlier stages than IFC’s more traditional business lines, the venture capital team enhances the organization’s strong commitment to innovation, support to local businesses, and helps accelerate cross border technology transfers.
  • The IFC’s Disruptive Technologies and Venture Capital team is looking to recruit an Analyst in the Lagos Office to support the current team in developing and executing new business opportunities, as well as managing investment portfolio and local client relationships primarily in Africa.
  • The Analyst will play an active role in participating in the local office’s and the region’s business activities, interact directly with local and global clients, and will work with colleagues from Headquarters (Washington DC), Africa, MENA and other regional offices.

Duties and Responsibilities

  • Conduct industry and market research/ mapping to identify a pipeline of good quality investment opportunities.
  • Support the team to evaluate, structure, negotiate, and close new venture capital transactions.
  • Help supervise investments in portfolio companies and manage internal IFC procedures including preparation of portfolio reports and related compliance related information
  • Conduct analysis of and follow up on new business opportunities and liaise extensively with colleagues worldwide.
  • Support due diligence, structuring of transactions, and drafting of investment recommendation documentation for investment decisions.
  • Build and maintain strong relationships with clients, global and regional private businesses, banking and multilateral partners and government officials to further develop the sector and to develop specific investment opportunities.
  • Coordinate closely with IFC’s business risk functions to ensure maintenance of the highest corporate governance, environmental and social, and integrity standards.

Selection Criteria

  • At least 2 years of experience in venture capital, private equity, consulting, investment banking, equity research.
  • Candidates that have a proven track-record of experience in supporting sourcing, structuring and closing investments are preferred.
  • Strong interest in venture investing and emerging technology areas.
  • Strong familiarity with financial software applications (e.g. Microsoft Office suite, research and financial databases, etc.)
  • Proven track record in nurturing client relationships; business development;
  • Strong business development and client relationship skills, track record and ability to focus on clients ‘needs effectively, notably in a fragile business environment;
  • Work experience and relationships with stakeholders in African venture ecosystems including start-ups, VCs, other investors, and development partners is a plus.
  • Ability to interact directly and support interactions with the senior management of potential clients,
  • Team player with strong interpersonal skills, and ability to work successfully with clients and colleagues from various cultural backgrounds.
  • Excellent financial and analytical skills.
  • Excellent communication and presentation skills.
  • Experience in and analytical knowledge of emerging markets is important.
  • Experience in portfolio management.  Having prior experience supporting investee company board meetings and supporting senior partners and portfolio CEOs/Founders will be viewed positively.
  • Fluency in spoken and written English; a multi-lingual background will be viewed upon favorably.

Language:

  • Required Language(s): English
  • Preferred Language(s): French

Deadline: 13th February, 2023 at 11:59 PM UTC

How to Apply: Interested and qualified candidates should use the links below to apply:

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