Job Title: Principal Investment Officer
Appointment: International hire
Location: Hanoi or Ho Chi Minh City, Vietnam or Hong Kong
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.
Manufacturing, Agribusiness and Services (MAS) is one of IFC’s key strategic priorities and the department engages in a wide range of sectors including agribusiness & forestry, chemicals & fertilizers, construction materials, health & education, machinery, manufacturing, tourism, retail, and property. The Department also seeks to maintain IFC, as part of the World Bank Group, at the cutting edge of helping clients find solutions to new and emerging MAS issues.
IFC’s Manufacturing, Agribusiness and Services Department (MAS) is seeking a Principal Investment Officer for the Hanoi, HCMC or Hongkong office to undertake the Cluster lead role in Mekong region, i.e. Vietnam, Cambodia & Lao PDR responsible from business development strategy, processing and portfolio management.
Roles and Responsibilities
• Create new high-level relationships (CEO and other C-suite levels) with large corporate clients having a global, regional, or cross sector scope for cutting-edge opportunities that may not fully take shape in the short-term (e.g., within one year).
• Develop, lead, and coordinate implementation of a business development strategy for a sector, product, or region to catalyze private sector investment and open new markets, which includes defining target clients, business development priorities, required actions, and appropriate timeline for IFC interventions and engagements to reach market potential.
• Initiate and conduct final quality review of strategic reports to top management on significant issues affecting major segments of IFC’s investment portfolio.
Full details of roles & responsibilities is available at IFC Careers website.
• Master's degree in a related field and at least 15 years of experience. Related fields of education include business, finance, or economics or an area of expertise specific to a sector, subject matter, or industry specialty. Relevant experience could include a proven track record in business consulting or investment banking, or operational experience in the sector or technical or professional field.
• Specialized skill for Upstream roles
• Excellent negotiation and structuring skills demonstrated by proven track record. Can recognize when negotiations no longer serve IFC’s interests and has the conviction to take appropriate actions to protect IFC, which could include walking away from a deal or taking different positions on corporate actions.
• Able to influence others based on the understanding of the implications of investment decisions for IFC’s business.
Full details of Selection Criteria is available at IFC Careers website.
Interested candidates should review the complete job description and selection criteria and apply on-line at http://www.ifc.org/careers and choose vacancy number Req21501. The closing date is 23th March 2023.
All applications will be treated in the strictest confidence. Please note that only short-listed candidates will be contacted.
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.