Closing date: Wednesday, 2 August 2023 | Investment Analyst – Private Equity Funds (PE) Nairobi Kenya (IFC)
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- Investment Analyst – Private Equity Funds (PE)
- Job #: req23626
- Organization: IFC
- Sector: Investment
- Grade: GE
- Term Duration: 2 years 0 months
- Recruitment Type: Local Recruitment
- Location: Nairobi,Kenya
- Required Language(s): English
- Preferred Language(s): French
- Closing Date: 8/2/2023 (MM/DD/YYYY) at 11:59pm UTC
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 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. For more information, visit www.ifc.org.
IFC’s Private Equity (PE) funds department plays an integral role in this mission. IFC is the largest investor in emerging market PE funds in the world, with over US$7 billion committed across a portfolio of over 350 funds. IFC’s PE funds strategy focuses on supporting: (i) growth equity funds, (ii) venture capital funds, (iii) small business funds in frontier regions, and (iv) selectively in sector funds. In turn, these PE funds combine capital and expertise to enable investee companies to achieve the operational efficiency and governance standards required to realize their high-growth potential. IFC is seeking a PE Funds Investment Analyst to be based in Nairobi, Kenya. In this role, your primary responsibility will be to assess PE fund managers in the African continent to determine if they meet IFC’s triple bottom line: financial returns, development impact and environmental and social responsibility. You will also work with IFC’s Global Managers on both corporate assignments and global portfolio analyses.
Duties and Accountabilities:
This is a dynamic role that requires a high-level of interest in private equity, international business, emerging markets, and development impact. The responsibilities of an Investment Analyst are divided among new business, portfolio management and corporate strategy:Â
New Business
- Â Assist Investment Officers with the diligence, preparation of documents for IFC internal processes and structuring of Private Equity fund investment and co-investment projects in Africa.
-  Coordinate with internal IFC stakeholders – including Legal; Risk; Environmental and Social; Development Impact; and Macroeconomics – to successfully process investment projects and ensure compliance with IFC standards.
- Â Conduct industry research, network at regional and global industry conferences, and create country-focused and regional market mappings.
Portfolio Management
-  Actively monitor fund relationships across funds in Africa. This includes: (i) participate in the annual meetings; (ii) coordinate with IFC’s Legal department and Portfolio Manager to make key decisions on fund matters; and (iii) review private equity funds information and preparing internal reports based on periodic financial statements, project progress reports, and other information submitted by clients.
- Â Build and maintain client relationships to ensure responsive client service and enhance new business opportunities.
- Â Prepare documentation for IFC internal processes and perform portfolio analyses at the regional and global levels.
Corporate Strategy
-  Assist Global Managers with assignments relating to global teams and corporate strategy. This includes: (i) analyzing the development impact of IFC’s PE Funds department; (ii) performing deep dives on target regions and sectors; and (iii) ensuring data accuracy in internal systems.
Selection Criteria
-  Bachelor’s or equivalent from a reputable university; preferably with major in accounting, economics or finance;
- Â Minimum 2-3 years of working experience in a reputable institution in an Analyst role for equity investment or corporate finance, or 2-3 years consulting experience with an established consulting firm;
- Â Strong analytical and problem-solving skills;
- Â Strong financial modeling and equity valuation skills
- Â Sound business judgment to identify issues, and present creative and practical solutions;
- Â Facility to work successfully in multicultural teams and across boundaries;
- Â Demonstrated teamwork skills;
- Â Strong client service orientation with an openness to feedback and new ideas;
- Â Excellent verbal and written communication skills in English and French (preferably)
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The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
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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