Portfolio Officer Job at IFC Systems Corporation
Portfolio Officer
Job #:
req20275
Organization:
IFC
Sector:
Other
Grade:
GF
Term Duration:
2 years 0 months
Recruitment Type:
International Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
12/16/2022 (MM/DD/YYYY) at 11:59pm UTC
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 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.
The Valuation and Analytics team in Corporate Risk Management Department (CRMVA) is responsible for overseeing and facilitating the fair valuation process of the corporation’s investment portfolio in coordination with the investment departments. To manage the Corporation’s fund investment portfolio fair valuation process, the team is looking for a Portfolio Officer to help with valuation review work.
Duties and Responsibilities:
- Lead the IFC Portfolio valuation review process with a focus on inventory, review, analysis in the private equity fund area.
- Coordinate the quarterly fund review cycle conducting key activities including process kick off, quarter end feedback, listed investee and parallel investments analysis.
- Review allocated valuations mainly in the fund area ensuring valuation quality and enforcing Corporate’s valuation procedures and guidelines.
- Identify the need and lead the work revising/improving fund valuation guidelines.
- Help develop, implement and/or maintain appropriate investment portfolio valuation tools on allocated investment valuation solutions and other models as needed.
- Provide varying levels of user support and system maintenance on the EPMS valuation system.
- Other ad-hoc responsibilities as assigned.
Selection Criteria
- Strong analytical and applied finance background, with knowledge of accounting, and finance.
- Knowledge of and/or experience on fund investments operations, corporate finance and/or asset valuation.
- Strong written and oral English communication skills.
- Excellent people skills and ability to consult and liaise with investment/portfolio staff, cluster portfolio managers as well as industry and regional managers on an on-going basis.
- Demonstrated ability to work well individually or as part of a team, and to contribute proactively wherever necessary.
- Flexibility to work late and early morning hours to accommodate the field staff as necessary.
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 the World Bank and IFC, including our values and inspiring stories.
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