Job Opportunities in Vietnam

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. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet. For more information, visit www.ifc.org.

The Financial Institutions Group (FIG) is one of IFC’s key Departments responsible for a significant portion of IFC’s business volume, profitability, and development reach, approximately 40%. FIG engages in a wide range of sub-sectors, including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, and other areas, with investment and advisory services delivered globally to IFC’s clients through IFC’s global network. FIG has three main objectives: 1) financial inclusion, 2) servicing the real economy, and 3) mobilizing third-party resources.

FIG’s East Asia and the Pacific (EAP) team is based across the region, including main offices in Singapore, China (Beijing), Indonesia (Jakarta), Vietnam (Hanoi and HCMC), the Philippines (Manila), and Thailand (Bangkok), as well as other smaller offices across the region. The team members work on new business development (including transaction processing) and portfolio supervision/client relationship management across the region. The FIG team's new business and portfolio supervision activity entails engagement with all types of Financial Intermediaries (e.g., commercial banks, microfinance companies, insurance companies, NBFIs, etc.) across multiple products ranging from senior debt to straight equity investments.

FIG is recruiting an Investment Officer to join its investment team that originates, manages, and monitors IFC's financial sector investments in Vietnam. The Investment Officer will be based in Hanoi or HCMC, Viet Nam, and will report to the FIG Regional Industry Manager covering North East Asia.

If the selected candidate is a current Bank Group staff member with a Regular or Open-Ended appointment, s/he will retain his/her Regular or Open-Ended appointment. All others will be offered a 3-year term appointment.

Duties and Accountabilities:
The duties and accountabilities of the role include but are not limited to:

• Demonstrate a thorough understanding of banking, financial institutions and related industry knowledge;
• Develop investment promotion strategies in the region, including targeting potential investors and promoting IFC's products and services proactively;
• Build and maintain strong relationships with clients, banking and multilateral partners and government officials to develop specific investment opportunities;
• Evaluate, structure, negotiate, and close new transactions, portfolio restructurings, rescheduling, capital increases, and equity sales, with a strong focus on credit and asset quality (including processing mandates, due diligence, negotiating term sheets and other documentation, syndications and board approval);
• Provide support to regional industry and portfolio teams in processing and supervising regionally managed projects;
• Assist in the development of the Financial Institutions Group’s knowledge management strategy and assist in the execution of this strategy;
• Coordinate closely with social, environmental, advisory and technical assistance colleagues to champion IFC’s value to our client's businesses, find pragmatic solutions to the specific sector challenges, and achieve sustainable development impact;
• Take responsibility for the supervision of one or more investments in the financial industry sector, with a particular focus on problem/restructuring situations;
• Mentor and coach less-experienced investment staff and help build talent and grow the skill base of staff;
• Assist in other project or strategy-related activities as needed.