Job #: 130240
Title: Investment
Analyst - Financial Markets
Job Stream:Investment
Location: Nairobi,
Kenya
Background / General description:
IFC, the private sector arm of the World Bank Group, is the
largest multilateral provider of financing for private enterprise in emerging
markets.
IFC provides loans, equity, structured finance and risk
management tools as well as advisory services to build the private sector in
developing countries.
IFC invests in private sector projects that are financially and
economically viable and have a substantial development impact. The Corporation
is headquartered in Washington, D.C.
It has three hubs in Sub-Saharan Africa (Johannesburg, Dakar,
and Nairobi) and several field offices.
The Financial Markets Department, one of IFC’s several industry departments, supports projects in numerous financial subsectors, builds local financial institutions, develops local equity and debt markets and introduces new financing instruments.
The Financial Markets Department, one of IFC’s several industry departments, supports projects in numerous financial subsectors, builds local financial institutions, develops local equity and debt markets and introduces new financing instruments.
The goal is to develop efficient financial systems that will
fuel economic growth in client countries and enhance IFC’s developmental
impact.
The Financial Markets Department is recruiting an investment analyst to join the Investment and Portfolio Team, which originates, manages and monitors IFC’s financial sector and private equity fund investments in Sub-Saharan Africa.
The Financial Markets Department is recruiting an investment analyst to join the Investment and Portfolio Team, which originates, manages and monitors IFC’s financial sector and private equity fund investments in Sub-Saharan Africa.
The analyst will report to the Financial Markets Manager,
Sub-Saharan Africa.
Duties and Accountabilities:
The Investment analyst will work closely with Financial Markets
investment officers, who are responsible for the design, negotiation,
structuring and subsequent supervision of the Corporation’s investment
projects.
He/She helps identify and appraise new investments and assist
investment officers in monitoring and supervising the existing portfolio of
investments.
Responsibilities include, but are not limited to:
- Participating
in investment appraisals and negotiations; create financial models to
support the investment analysis.
- Analyzing
historical and projected financial statements; creating financial models.
- Monitoring
existing investments in portfolio companies, comprising various types of
financial entities and private equity funds.
- Conducting
industry and market research, and assist in IFC’s business development
efforts.
- Reviewing
company information and preparing internal reports based on periodic
financial statements, project progress reports, and other information
submitted by clients.
- Maintaining
and supporting client relationships to ensure responsive client service.
Selection Criteria:
- University
degree with specialization in finance, economics or business.
- Very
strong analytical and problem solving skills; exposure to Excel based
financial models.
- 2-5
years of relevant work experience with the financial sector, preferably in
an investment related function and/or the private equity industry.
- Good
understanding of the financial and operational characteristics of
financial institutions and/or private equity funds.
- Demonstrated
ability to work successfully in multicultural teams and across boundaries.
- Excellent
verbal and written communication skills in English; understanding of
French or Portuguese a plus.
The job holder will be based in Nairobi, Kenya.
This position requires regional and international travel.
The typical age of an analyst is 22-28.
How to apply
Women are encouraged to apply.
Title: Associate / Operations Officer - Clean Cooking Program
Job Stream:Technical Assistance & Advisory Services
Location: Nairobi,
Kenya
Closing Date:02/11/2013
Background / General description:
Background / General description:
The International Finance Corporation (IFC), the private sector
investment arm of the World Bank Group, pursues its mission of creating
opportunities for people to escape poverty by promoting private sector
development through investment and advisory services.
IFC's Sustainable Business Advisory (SBA) Business Line works
with firms in manufacturing, agribusiness, services, and infrastructure to
contribute to the creation of inclusive, environmentally sustainable, and
efficient markets in developing countries.
Across six regional teams, Clean Energy Specialists within the
Business Line work to increase investment flows into clean energy by
demonstrating the commercial viability of and removing specific barriers to the
scale-up of renewable energy technologies that reduce green house gas (GHG)
emissions and increase access to modern energy services for the poor.
In support of IFC’s growing commitment in this area, Africa SBA is seeking an Associate/Operations Officer to manage the Clean Cooking Program in Kenya.
The Clean Cooking Program
Currently 85% of the population in Kenya does not use Gas for cooking. The alternative sources are predominantly Kerosene (65%) and Charcoal (17%) with the rest using biofuels like wood.
In support of IFC’s growing commitment in this area, Africa SBA is seeking an Associate/Operations Officer to manage the Clean Cooking Program in Kenya.
The Clean Cooking Program
Currently 85% of the population in Kenya does not use Gas for cooking. The alternative sources are predominantly Kerosene (65%) and Charcoal (17%) with the rest using biofuels like wood.
This has led to many environmental, health and societal problems
requiring IFC advisory intervention.
The IFC Clean Cooking program seeks to support the displacement of fossil fuels for cooking by increasing access of 100,000 Kenyans to liquefied petroleum gas (LPG).
The IFC Clean Cooking program seeks to support the displacement of fossil fuels for cooking by increasing access of 100,000 Kenyans to liquefied petroleum gas (LPG).
The project seeks to accelerate the development of the market
for clean, safe cooking fuels by demonstrating the commercial viability of an
innovative business model.
This business model will initially make LPG available and
affordable for Base of the Pyramid (BOP) customers in urban centers and
peri-urban areas in Kenya using small-size cylinders and Unique Filling
Stations (UFS) that allow partial-filling equivalent to current patterns of
spending on kerosene and charcoal.
The model will subsequently be scaled up in the rural areas and
other countries in Africa.
The specific objectives are to:
The specific objectives are to:
- Work
with sector players to develop and refine a strategy and business model
for scaling up access to LPG for the BOP in Kenya. The model developed will
have the potential for significant replication in other African countries.
- Develop
a Health, Safety, and Environment framework and best practice guide for
LPG Unique Filling Stations business models.
- Develop
and implement a Consumer Education and Awareness Campaign to address
demand gaps and health and safety issues in switching to LPG across the
supply chain.
The program will work with oil companies, distributors,
consumers, financial institutions, development partners, and governments to
help build a market for LPG.
Duties and Accountabilities:
The Associate/Operations Officer will be in charge of leading
the implementation of Clean Cooking in Kenya, all the way from designing the
specific services provided by the program to managing its implementation with
clients at the company, sector and policy level.
Specifically, the responsibilities will include:
Business Development and Advisory to LPG sector players
Provide advisory services aimed at developing the market for LPG targeted at BOP to firms operating at the firm, sector and policy levels.
Business Development and Advisory to LPG sector players
Provide advisory services aimed at developing the market for LPG targeted at BOP to firms operating at the firm, sector and policy levels.
S/he will oversee a small team of third party consultants to
work with oil companies, distribution partners, retail outlets, financial
institutions etc. to enhance the business models for LPG for BOP consumers.
In particular, s/he with develop a comprehensive health and
safety best practice guidelines to mitigate the safety risks resulting from the
wrong handling of LPG across the entire supply chain. The ability to mitigate
these risks is essential to increase uptake and the success of the project.
Engagement with stakeholders
Continuously update and keep the industry stakeholders in the country abreast of the activities of program.
Engagement with stakeholders
Continuously update and keep the industry stakeholders in the country abreast of the activities of program.
The key stakeholders include:
- Ministry
of Energy
- National
Environment Management Authority (NEMA)
- Kenya
Bureau of Standards
- Relevant
sector players
- Distribution
and supply chain partners
- Financial
institutions
- Associations
representing the renewable sector in general and relevant standard bureaus
- Other
IFC internal divisions, World Bank Group and other stakeholders as
required.
Reporting
Responsible for reporting on project progress, budgets and M&E to IFC management and donors, e.g. through IFC’s project supervision reporting system, donor reports etc. as required.
Measurement & Evaluation
Set up tools to monitor and track the program performance in line with the log-frame. Manage individual projects as the Task Team Leader ensuring timely execution and completion of Management Information System reporting requirements. The successful candidate will have volume and development impact targets defined by the Clean Energy Team Leader.
Other Responsibilities
Draft TORs, hire and manage third party consultants to execute projects. Depending on the development of the project, additional tasks will be discussed with the candidate and added or deleted to the scope of responsibilities.
Coordination
Report to the Lighting Africa Program Manager based in Nairobi. In addition, s/he will also coordinate with the Global Clean Energy Specialists who oversee IFC’s global clean energy program portfolio and with the Lighting Africa team in Nairobi, as well as the infrastructure investment cluster team leader
Responsible for reporting on project progress, budgets and M&E to IFC management and donors, e.g. through IFC’s project supervision reporting system, donor reports etc. as required.
Measurement & Evaluation
Set up tools to monitor and track the program performance in line with the log-frame. Manage individual projects as the Task Team Leader ensuring timely execution and completion of Management Information System reporting requirements. The successful candidate will have volume and development impact targets defined by the Clean Energy Team Leader.
Other Responsibilities
Draft TORs, hire and manage third party consultants to execute projects. Depending on the development of the project, additional tasks will be discussed with the candidate and added or deleted to the scope of responsibilities.
Coordination
Report to the Lighting Africa Program Manager based in Nairobi. In addition, s/he will also coordinate with the Global Clean Energy Specialists who oversee IFC’s global clean energy program portfolio and with the Lighting Africa team in Nairobi, as well as the infrastructure investment cluster team leader
Selection Criteria:
- Minimum
of a Masters degree in business, engineering, finance, economics, or
related subject, and technical skills that allow demonstrating knowledge
of a broad range of social/commercial issues and preferably also to clean
energy.
- At
least 6 years of hands-on commercial sales/marketing or business
development, or managing complex programs and delivering results.
- Experience
with supporting new technology ventures, SMEs or Base of the Pyramid
business and marketing, ideally in Kenya.
- Experience
with projects in or that interface with the private sector a must.
- Successful
experience managing relationships, resolving differences, and achieving
successful outcomes among multiple and diverse set of stakeholders.
- Dynamic
individual, committed to and motivated by promoting economic and social
development by supporting the growth of private sector companies and new
markets in the clean energy space
- Strong
communication and negotiation skills and ability to represent the program
at senior levels for an audience of companies and government
representatives.
- Determined
and perseverant “go-getter”, with a positive attitude, dedication to
excellence, patience for detail and the ability to translate detailed
information into broad strategy and back into individual work-plans or
actions.
- Ability
to work independently and take initiative.
- A
strong team player with the ability to take leadership as well as
supporting roles.
- Ability
to handle a variety of activities concurrently in a high-pressure
environment and deliver consistently. Must be open-minded with the ability
to work in a fast-paced and multicultural environment.
- Experience
with clean energy technologies and markets is an advantage.
- Excellent
written and spoken English a must, other languages a plus.
- Ability
to synthesize multiple/complex messages and to identify appropriate key
points for different audiences.
How to apply
Women are strongly encouraged to apply.
Title: Operations
Analyst - Information Business
Job Stream:Technical Assistance & Advisory Services
Location: Nairobi,
Kenya
Closing Date:02/11/2013
Background / General description:
Background / General description:
International Finance Corporation (IFC), a member of the World
Bank Group is a global investor and advisor, committed to promoting sustainable
projects in our developing member countries that are economically beneficial,
financially and commercially sound, and environmentally and socially
sustainable. IFC's mission is to promote sustainable private sector investment
in developing countries, helping to reduce poverty and improve people's
lives.
IFC’s advisory services arm is the Private Enterprise
Partnerships for Africa (PEP Africa). PEP Africa incorporates lessons and best
practices from other Advisory Services Facilities and Donor Funded Initiatives
worldwide.
The Africa Sustainable Business Advisory (SBA) strives to
improve quality of life by transforming business for a prosperous and
sustainable Africa.
Within the SBA Africa, the SME Center’s Sector Lead is part of the Advisory Financial Markets Cluster, whose objectives are to enhance sustainable SME Growth across sectors through responsible finance, better corporate governance and management skills.
Within the SBA Africa, the SME Center’s Sector Lead is part of the Advisory Financial Markets Cluster, whose objectives are to enhance sustainable SME Growth across sectors through responsible finance, better corporate governance and management skills.
Its delivery model draws on a sector wide approach, privately
owned center for business solutions and corporate training tools including SME
Toolkit SMETK), Business Edge and Corporate Governance.
While The SME Toolkit uses the latest information and communication technologies to help small and medium enterprises in emerging markets learn sustainable business management practices, Business Edge (BE)is IFC’s international range of management training products and services, designed for owners and managers of small and medium-sized enterprises, in Marketing, Management, Human Resources Management, Production and Operations, Finance and Accounting, and Productivity Skills.
While The SME Toolkit uses the latest information and communication technologies to help small and medium enterprises in emerging markets learn sustainable business management practices, Business Edge (BE)is IFC’s international range of management training products and services, designed for owners and managers of small and medium-sized enterprises, in Marketing, Management, Human Resources Management, Production and Operations, Finance and Accounting, and Productivity Skills.
Corporate Governance is essential to forge best practices as SBA
support sustainable growth for SMEs.
IFC certifies the training providers and monitors their
performance, ensuring consistency with its quality standards.
At the center of this strategy, Technology plays an important role, hence the need for an Operations Analyst (Information and Business).
At the center of this strategy, Technology plays an important role, hence the need for an Operations Analyst (Information and Business).
Based in Nairobi. the Analyst will report directly to the SME
Center Sector Lead, and support effective and efficient delivery of the SMETK,
promote the use of ICT in IFC solutions to clients, optimize and advise the
Centers for Business Solutions on technology choices for their incubation
units, develop and implement technology solutions to support cost effective
dissemination of both BE and SMETK modules in agribusiness and other sectors.
Duties and Accountabilities:
The Operations Analyst will, under the Sector Lead’s guidance,
support the development and implementation of Innovative ICT activities to
Business Delivery Model in Rwanda, DRC, Sierra Leone and Liberia, and other SBA
Programs as needed.
The selected candidate will have the following key roles and
responsibilities:
Market Diagnosis , Strategy and Technology Edge
Market Diagnosis , Strategy and Technology Edge
- Ensure
that SMETK Managing Partner’s staff in the business area referred to, are
provided with development strategies, training, coaching and support to
maximize the benefits of the web-portal as it relates to interfacing with
their institutional clients, provision and update of information to SMEs
and private sector community, advice on activities in support of a
sustainable financial model including incubation activities.
- Interact
with Program Task Team Leaders (TTLs) and other clients to understand
their needs, conduct needed analyses to address client needs and
proactively deicide on appropriate and customized solutions.
- Support
the Sector Lead in redefining and adjusting the Program implementation
strategy drawing on Innovative activities’ program lessons learnt, set
yearly objectives, i.e in collating regular and current statistics on
technology solutions customized to business needs, implement them and
monitor their results.
Project and Relationship Management
- Set
goals and develop action plans to implement innovative ICT solutions to
SME Sector Lead’s Programs.
- Oversee
the work of third parties involved in the delivery of ICT components in
line with Program’s TTLs requirements and their client needs.
- Monitor
SMETK managing partner’s technical activities in line with Global Team’s
business lines and contribute to periodic and regular reports as needed.
Knowledge Sharing
- Ensure
proper documentation of all stages of projects and creates tools that can
be shared/used across Programs.
- Analyze
systematically what worked or did not within own projects and share best
practices across Programs.
Selection Criteria:
- Minimum
of a Bachelors degree in Computer Science.
- At
least 2 to 5 years’ experience in the ICT field and in project management
- Specialized
training in: CRM, Smart Solutions (e.g. Smartcards and biometric
solutions)
- A
good understanding of Incubation issues, particularly the configuration of
ICT equipment, the shared data bases and networking systems.
- Broad
knowledge and experience in network topologies, network security, routing
and all other matters related to setting up and maintaining of networks:
- Knowledgeable
in mobile application development :
- Excellent
skills in Database technologies e.g. MySQL, MSSQL, MSAccess, programming
languages like C#, and web technologies such as PHP, ASP, HTML and Java :
- Demonstrated
ability to oversee the work of teams of external service providers.
- Knowledge
of SME Toolkit, Business Edge, Corporate Governance, Lotus Notes, iDesk,
- iDocs,
a plus.
- Excellent
communication and interpersonal skills; good team player
- Fluency
in English.
How to apply
Women are strongly encouraged to apply.
Title: Operations
Officer - Portfolio
Job Stream:Technical Assistance & Advisory Services
Location: Nairobi,
Kenya
Closing Date:02/11/2013
Background / General description:
Background / General description:
The International Finance Corporation (IFC), the private sector
investment arm of the World Bank Group, pursues its mission of creating
opportunities for people to escape poverty by promoting private sector
development through investment and advisory services.
IFC’s Sustainable Business Advisory (SBA) team in Africa works with companies to adopt environmental, social and governance practices and technologies that create a competitive edge. SBA seeks the broad adoption of these practices to transform markets and improve people’s lives.
Our work covers agribusiness, manufacturing, infrastructure, oil, gas, mining, services, and other sectors. Our programs also promote good corporate governance and strategic community investments; advance women in business, small scale farmers, and small firms; and engage the private sector in climate-change solutions.
Africa SBA’s portfolio of projects is at different project phases: some at pipeline, mobilization, implementation, while others are approaching close out.
IFC’s Sustainable Business Advisory (SBA) team in Africa works with companies to adopt environmental, social and governance practices and technologies that create a competitive edge. SBA seeks the broad adoption of these practices to transform markets and improve people’s lives.
Our work covers agribusiness, manufacturing, infrastructure, oil, gas, mining, services, and other sectors. Our programs also promote good corporate governance and strategic community investments; advance women in business, small scale farmers, and small firms; and engage the private sector in climate-change solutions.
Africa SBA’s portfolio of projects is at different project phases: some at pipeline, mobilization, implementation, while others are approaching close out.
While each phase places unique needs to the project management
team, there is the need to continually ensure that the portfolio is aligned to,
and on target towards achieving global SBA and IFC strategic objectives.
To coordinate these requirements, SBA is seeking to recruit an
Operations Officer based in Nairobi, Kenya to standardize the way the portfolio
is managed, monitor and propose project amendments for the SBA portfolio that
ensure that the strategic business line and corporate objectives are
achieved.
The successful candidate will approach the portfolio projects
and teams with a clear value proposition in the broad context of operational
sustainability among and between the SBA team and their clients as well as
other IFC departments – Investment, Advisory and Support.
Duties and Accountabilities:
Reporting to the SBA Business Line Manager through the Sector
Lead for Portfolio and Operations., the Operations Officer will have the
following main responsibilities:
Portfolio Management:
Portfolio Management:
- Work
with Sector leads to ensure compliance with quality at entry requirements
regarding:
i) budgets;
ii) indicators and targets;
iii) Integrity Due Diligence (IDD) and other relevant areas
prior to Concept Review discussions;
- Coordinate
a schedule of upcoming project discussions – pre Concept Review Meeting
(CRM), pre Project Supervision Reports (PSR), and pre Project Completion
Reports (PCR);
- Provide
high-level review of pipeline projects to ensure key elements to project
success are included during design, and managerial review. Such elements
include baseline survey, budget, work plan, monitoring framework, risk and
mitigation plan;
- Implement
an effective system that identifies real time portfolio maintenance tasks
on: i) Periodic monitoring reports on budgets and performance; ii) PSRs”);
iii) Client Survey reports; iv) PCRs and v) Project termination/droppage
as needed.
- Work
with project teams to ensure approved projects remain aligned to SBA
strategic objectives;
- Monitor
projects approaching closure and provide tactical support to transaction
leaders to ensure projects close out smoothly. Moreover, ensure financial
and operational closure requirements are satisfied.
Portfolio Quality Assurance:
- Collate
quarterly data from COGNOS or other corporate sources for Regional
Business Line Manager (RBLM) and region review to ensure timely response
to current and future portfolio, region and global business line needs;
- Collate
the current data quality requirements, standardize requirements and
communicate with SBA team to ensure consistent application;
- Work
with Task Leaders to ensure that at project level, accurate data
facilitates timely project review and meaningful interpretation;
- Set
up and maintain a comprehensive SBA portfolio database linked to a
similarly current IFC investment client portfolio in CAF;
- Design
an alert system that identifies and monitors projects that fall out of
Process and Information Quality (PIQ) requirements. Work with task leaders
to remedy the shortcomings.
Portfolio Reporting:
- Coordinate
and recommend quarterly SBA portfolio reviews and ensure lessons drawn are
effectively shared for real time portfolio improvements;
- Monitor
on a monthly basis portfolio performance against projected targets.
Business Line score card should be designed and used to track among other
attributes financial and development impact achievement;
- Prepare
scheduled portfolio reports as well as occasional ad hoc reports as may be
required and electronically publish reports on i-collaborate, ASBAN and or
others as needed.
The Operations Officer may be required to undertake occasional
field visits for portfolio monitoring purposes.
Selection Criteria:
- Minimum
of a Masters degree in relevant field
- Minimum
of 6-8 years of experience in Project development and management.
- Strong
skills in project management, financial projections, scenario analysis as
well as a good knowledge of Monitoring and Evaluation.
- Ability
to work with minimal supervision and to demonstrate autonomy and
initiative.
- Exceptional
ability to rapidly gain knowledge about IFC’s programs, to function in a
fast-paced high-performance environment, to manage multiple tasks, and to
deliver under tight deadlines with very short notice.
Women are strongly encouraged to apply
How to apply
