Associate Investment Officer - Financial Institutions Group (WA)
Job #: | req33207 |
Organization: | IFC |
Sector: | Investment |
Grade: | GF |
Term Duration: | 3 years 0 months |
Recruitment Type: | Local Recruitment |
Location: | Dakar,Senegal |
Required Language(s): | English, French |
Preferred Language(s): | |
Closing Date: | 5/25/2025 (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. 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.
Private sector financial development is essential to the promotion of successful and sustainable economies in low and middle-income countries around the world. Sound and efficient financial markets can ensure that resources are allocated where they are most productive, assisting job creation and spurring economic growth. IFC’s goal is to prioritize investment in the financial sector because it promotes development in all other sectors.
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 both 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. The goal is to develop efficient financial systems that will increase financial inclusion and fuel economic growth in client countries and enhance IFC’s developmental impact.
FIG West Africa (FIG WA) team is based across the region with main hub and offices in Senegal, Côte d’Ivoire and the Sahel region. The team members work on both new business development and portfolio management across the region.