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Senior Investment Officer

  • Company

    World Bank

  • Location

    Mumbai(Maharashtra)

  • Employment Type

    Full-Time

  • Functional Category

    Finance & Operations

  • Experience

    10 - 12 years

About World Bank

The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our vision is to create a world free of poverty on a livable planet. We are not a bank in the common sense; we are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries. Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID). Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.

Overview of the Role

IFC is seeking a Senior Investment Officer to provide coverage for IFC’s disruptive technologies and venture investment program in South Asia. The selected candidate will be responsible for 1) providing leadership and support for IFC’s VC investment activities and portfolio in the South Asia region; 2) developing relevant corporate initiatives, partnerships, and upstream engagements to enhance IFC’s strategic positioning in the VC space in the region, 3) working closely with the broader IFC and World Bank teams on building and strengthening entrepreneurship ecosystems across the region. S/he will be based in Mumbai and will report to the Global Head and Global Portfolio Manager of the Disruptive Technologies and Venture Capital team (CSFDT).

Job Description

• Establish, build, and maintain strong relationships with the venture ecosystem across South Asia, including early to growth stage start-ups, venture, corporate and strategic investors and development partners.
• Develop strong relationships with leading industry strategics across relevant industry verticals (i.e. energy, financial institutions, manufacturing, healthcare, agribusiness, fintech and logistics) to facilitate connections with portfolio companies for commercial and strategic partnerships.
• Lead business development, due diligence, negotiation and transaction structuring of new business opportunities and liaise extensively with colleagues across the regions and industry verticals.
• Develop and make strategic direct venture investments, VC funds’ investments, and co-investments for the region in target sectors based on rigorous due diligence of prospective early growth stage ventures, strong technology analysis, business model and financial valuation. Lead all aspects of investment transaction/ deal cycle including due diligence, board report, investment review recommendation, legal structuring and portfolio supervision.
• Support the identification of and development of upstream and market creation initiatives to foster tech innovation and related venture ecosystem building in relevant emerging markets in alignment with country and sector strategies.
• Manage and oversee existing portfolio of direct VC investments, co-investments and VC funds investments in South Asia; helping investees leverage on the resources and expertise of IFC and the broader World Bank Group. Portfolio responsibilities would include representing IFC on boards of portfolio companies as nominee director and as LPAC member with a focus on driving value creation.
• Represent IFC’s disruptive technologies team in internal and external events, develop relevant corporate initiatives, partnerships and engagement for the region to enhance IFC’s strategic positioning in the disruptive technology space across all relevant industry verticals.

Required & Preferred Qualifications

Skill

• Written competency and spoken language fluency in English.
• Excellent financial and analytical skills; strong team leadership skills preferred.

Education

Master’s degree required, MBA from leading international institutions preferred.

Experience

• At least 10-12 years of work experience, of which at least 5-8 years of venture capital or private equity experience, in South Asia and/or emerging markets transaction experience. Prior experience in investment banking or business/corporate development will be considered. • Significant transaction experience in and analytical knowledge of venture investment, specific sub-sector knowledge in Fintech and/or health, e-logistic/supply chain; edtech; enterprise software solution). • Experience in lead negotiating and structuring complex equity transactions. • Existing and usable network amongst financial investors and strategic investors in emerging markets. • Experience in portfolio management, including facilitation of exits. Having prior experience as an investee company board director or operational experience at a venture-backed company is a plus.