IFC’s Global Transaction Team Program offers a unique opportunity to launch a global career as an investment professional helping to build the private sector in developing countries. Participants join as Associate Investment Officers – responsible for identifying, structuring, closing and monitoring IFC’s loans and investments – and build their expertise through assignments in different countries, close to our clients. IFC’s approach is to combine rigorous analysis, innovative deal structuring and a focus on financial sustainability and positive development impact. We are looking for current students or recent graduates of MBA or Master’s degree programs with strong financial skills, professional achievement, leadership potential and a demonstrated commitment to development.
IFC also hires investment officers directly into its country and regional offices on a year-round basis. Such positions are advertised on our website under Current Opportunities. Interested and qualified applicants to the GTT Program may also be referred for these positions.
Program Features and Career Path
The two-and-a-half-year GTT Program is structured to provide participants with a solid understanding of IFC’s business and strategy, a global network, and regional experience in one of our three industry groups (Financial Markets; Infrastructure and Natural Resources; and Manufacturing, Agribusiness and Services).
Participants join IFC in September of each year and spend 12 months with a Global Industry Department at IFC’s headquarters in Washington, DC. During this period, they learn IFC’s investment process, build their internal network and undertake professional training, including a 6-week residential credit course. Participants are then assigned to one of IFC’s larger offices (e.g. Hong Kong, Istanbul, or Johannesburg) for 18 months and immediately add value working directly with project teams and clients sourcing, executing and monitoring investment transactions.
Following the program, GTT participants pursue a global career, gaining broad exposure across industries, investment products and regions. Depending on business need and personal preference, they pursue a series of assignments in different regions and/or Washington, DC. Participants are expected to be geographically flexible and interested and able to relocate as business needs require. See attached description of the GTT Career Path.
Associate Investment Officer Role
You will be part of a multi-disciplinary team focused on identifying investment opportunities, executing transactions and actively managing portfolio projects. In this role, your objective will be to maximize the impact of IFC’s intervention and contribute to the development of our countries of operation by executing innovative, developmental, and profitable investments for IFC. Responsibilities include:
Analyze operational and financial performance of potential client companies to identify opportunities, address risks and recommend investment options
Evaluate the benefits and risks of new transactions and develop innovative and appropriate financial structures
Participate in negotiations
Supervise project implementation, including disbursements
Build and maintain strong relationships with clients and other stakeholders
Coordinate closely with social, environmental, and technical assistance colleagues to add value to our clients' businesses and achieve sustainable development impact
Current students or recent graduates of MBA or similar
Experience in international finance, demonstrated leadership and passion for sustainable private sector development
4 to 6 years of work experience in finance: investment banking, project finance, private equity, corporate finance, portfolio management, or financial consulting
Strong analytical and credit assessment skills, as well as solid understanding of accounting and financial statement analysis
Knowledge of relevant industry sector trends
Sound business judgment and problem solving, negotiation and commercial skills
Ability to develop new business and effectively focus on client needs
Enthusiasm for working in multi-cultural teams and across borders, preferably with experience working in developing countries
Excellent verbal and written communication skills in English; fluency in other languages (Arabic, Chinese, French, Portuguese, Spanish or Russian) preferred
Willingness to travel extensively and geographic flexibility
Application and Selection Process
The application period for the 2013 GTT Program is currently closed. IFC will accept applications for the 2014 GTT Program from August 15 - September 30, 2013. Interviews will take place in October and November, and offers are expected to be made in December 2013/January 2014. GTT participants join IFC in September each year.
Applicants can check the status of their applications online (click "Check the status of your Application" above and sign in to the Member Center).