Associate Investment Officer-Consumer Services, Africa Job #: req34770 Organization: IFC Sector: Investment Grade: GF Term Duration:ย 3 years 0 months Recruitment Type: Local Recruitment Location: Dakar,Senegal Required Language(s): English Preferred Language(s): French Closing Date: 11/19/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
Build a career with impact. Working at the World Bank Group (WBG) provides a unique opportunity to help countries solve their greatest development challenges. As one of the largest sources of funding and knowledge for developing countries, the WBG is a unique partnership of five global institutions dedicated to ending poverty, increasing shared prosperity, and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, the WBG works with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges.
The International Finance Corporation (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 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.
The Manufacturing, Agribusiness and Services (MAS) Department is recruiting an Associate Investment Officer to be based in Dakar, Senegal. The Associate Investment Officer will support the MAS Africa Investment team, focusing on Consumer Services (tourism, retail, property, health, and education) and Manufacturing sectors, and will report to the Regional Industry Manager, Services North, West Central & Horn of Africa.
Duties and Accountabilities:
The Associate Investment Officer will work closely with colleagues in the Africa region and in Washington, DC, on business development, investment transaction execution and portfolio supervision in Consumer Services (Tourism, Retail, Property, Health and Education) and Manufacturing Sectors. The responsibilities include but are not limited to:
โข Work across industries and regions with colleagues on all levels to help identify and execute services and manufacturing investment transactions in Africa;
โข Participate in all aspects of IFCโs investment processing cycle from business development/deal origination, deal structuring (including debt, equity and mezzanine investments), deal execution (due diligence, coordination with other IFC departments, investment committee presentation preparation, term sheet and legal agreement negotiation, etc.), disbursement and portfolio monitoring;
โข Utilize research tools effectively to conduct in-depth benchmarking analysis by sectors, companies and geographies, including sector mappings to support business development;
โข Analyze financial statements and prepare financial models;
โข Prepare project-related documents for internal (e.g. investment review meeting presentation) and external audiences;
โข Prepare notes/reports on relevant investment themes, events and breaking news;
โข Communicate/present clearly and succinctly (verbal and written) credit analysis and investment proposals.
โข Establish and maintain relationships with existing clients to ensure responsive client service and enhance new business opportunities and support portfolio supervision process, including quarterly reviews, portfolio restructurings, rescheduling, capital increases, equity sales, as necessary;
โข Undertake portfolio supervision work.
โข Support in the formulation and updating of IFCโs strategy in the Services sector in Africa.
Selection Criteria
โข MBA or Masterโs Degree in Finance or equivalent;
โข Prior professional experience (at least 5 years) in corporate or project financing, including investment banking, commercial banking, private equity, equity research or business consulting;
โข Excellent Excel, PowerPoint and Word skills to build succinct and convincing analyses and presentations;
โข Strong research and quantitative skills, with preference for a background in financial analysis and modeling;
โข Strong client service orientation with openness to feedback and new ideas;
โข Exceptional attention to detail;
โข Excellent communication skills (verbal and written) in English. Fluency in French is a plus;
โข Team player with strong communication and interpersonal skills and ability to develop effective relationships within and outside IFC;
โข Ability to work flexibly on a range of assignments, cope with shifting priorities at short notice, and still deliver top quality work while meeting tight deadlines;
โข Takes personal responsibility and accountability for timely response to client queries, requests or needs, working to remove obstacles that may impede execution or overall success;
โข Experience in emerging market is preferred (experience in Africa will be a plus);
โข Willing to travel (as long as safety standards are met based on the World Bank Group standards);
โข Passion in economic development; and
โข Ability to work sensitively and effectively in a multicultural setting.
WBG Culture Attributes:
1. Sense of urgency: Anticipate and quickly respond to the needs of internal and external stakeholders.
2. Thoughtful risk-taking: Challenge the status quo and push boundaries to achieve greater impact.
3. Empowerment and accountability: Empower yourself and others to act and hold each other accountable for results.
World Bank Group Core Competencies
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.
Learn more about working at theย World Bankย andย IFC, including our values and inspiring stories.