Website International Finance Corporation
Creating Markets, Creating Opportunities
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 2023, IFC committed a record US$43.7 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.
The Disruptive Technologies and Venture Capital team (“CDFDT”) invests in VC funds and venture/early growth companies that offer innovative technologies or business models with high impact potential in the 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.
DT is seeking an experienced Portfolio Analyst to support the Global Portfolio Manager and the team on a range of portfolio supervision activities. The Portfolio Analyst will work closely across the department including the Private Equity Fund’s portfolio team, IFC’s central portfolio management and other industry departments, fostering solid teamwork across IFC’s Operations VPU. In addition, the Portfolio Analyst will support management and supervision of a range of existing portfolio companies, in close collaboration with investment officers.
Duties and Responsibilities:
• Provide a range of analytical support to Global Portfolio Manager on overall portfolio supervision and management of CDFDT’s direct portfolio companies, co-investments and VC funds. Responsibilities include:
• Providing analytical support in preparation of quarterly CDFDT portfolio review;
• Maintaining client and portfolio database to support overall portfolio data management, including tracking of investment performance, portfolio compliance, and enhance overall data driven approach to portfolio monitoring;
• Analyse performance of portfolio companies; undertake research on companies and/or markets by industry and region, and/or perform other types of thematic reviews.
• Assist Global Portfolio Manager in managing the overall coordination of relevant quarterly internal portfolio reporting and compliance requirements for CDFDT, including:
• Develop and maintain a framework and operational function to systematize compliance tracking and internal portfolio reporting and ensuring good record keeping; act as information quality steward for the unit.
• Support coordination with IFC’s Central Portfolio Management team and Portfolio Analyst/Assistant Network to align all aspect of portfolio coordination with IFC’s operations and portfolio function to ensure application of best practices and IFC standards across IFC operations unit;
• Develop best practices and assist investment and portfolio teams on portfolio policies, procedures and systems, in particular with respect to the quarterly valuation cycle;
• Assist with processing appointments of IFC nominee directors in DMS and Limited Partner Advisory Committee appointments in related system;
• Investment supervision and portfolio support, including analytical, project and partnership work in conjunction on CDFDT team members or independently:
• Help supervise investments in portfolio companies and manage internal IFC procedures including preparation of portfolio reports and related information;
• Prepare portfolio-related reporting and transaction memos, such as share voting memos, right issue memos; commitment transfers, equity sales memos etc.;
• Support the closing out of deadwood equity investments, including working on legal documentation and internal processing to complete sale;
• Work closely with portfolio team to develop portfolio value creation initiatives for selected portfolio companies, regions or sectors.
• Engage with portfolio company management teams to inform portfolio- and investment-related decisions.
• Develop and collaborate knowledge management initiatives and products such as portfolio lessons learned knowledge products and support relevant thought leadership efforts.
Selection Criteria
To apply for this job please visit worldbankgroup.csod.com.