Portfolio Analyst - Johannesburg, South Africa

Job #: 111349 Title: Portfolio Analyst - Johannesburg, South Africa Job Stream: Infrastructure Location: Johannesburg, South Africa Close Date: 10-Aug-2011

Background / General description: The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is a global investor and advisor committed to finance private sector businesses in emerging markets, to mobilize capital in the international finance markets, to help clients to improve social and environmental sustainability and to provide technical assistance and advice to governments and businesses. The Portfolio Division of IFC's Infrastructure and Natural Resources Department in sub-Saharan Africa (CN2P6) is an open and dynamic unit and is seeking to recruit a Portfolio Analyst to support investment staff in the supervision and management of IFC's investment portfolio in the region. The CN2P6 Portfolio Division is based in Johannesburg, South Africa and in Washington DC, USA and is responsible for supervising approximately 75 portfolio clients across sub-Saharan Africa. This position is based in Johannesburg, South Africa, and the incumbent will be an integral member of a small team working under the oversight of a Portfolio Manager based in Johannesburg. Duties and Accountabilities: The Portfolio Analyst will -Provide analytical support to the Portfolio Manager in the management of the regional Infrastructure and Natural Resources portfolio; analyze trends, discuss quarterly changes; -Provide analytical support to portfolio investment staff in monitoring the operating and financial performance of client portfolio companies, in evaluating risk and recommending active portfolio management actions. -Conduct financial analysis of portfolio issues, create financial models, analyze historical and projected financial statements and maintain updated financial information in MFA system for a select number of portfolio clients. -Assist in the preparation of project supervision related documents (CRRs/XPSRs/equity valuation) under close guidance from the relevant portfolio investment staff. -Prepare other portfolio supervision related reports (director nomination, one-off/temporary waivers, recording receipt of dividends and other memos/reports for internal and external audiences. -Conduct industry, market and company research to inform portfolio strategy. -Track and record the development impacts of portfolio projects. -Monitor compliance of portfolio companies with IFC financial, environmental, insurance and legal requirements. -Regularly maintain updated information on portfolio exposures, performance, repayment schedules and inform the relevant portfolio staff of material changes; monitor equity exit values; extract requested data from IFC's Management Information System (MIS); prepare minutes of the meetings for portfolio projects; -Keep track of the timely submission to the Board of the Group's Monthly Operations Report (MOR) on cancellations, prepayments and other major changes in IFC's investments; draft MORs upon requests; -Monitor and keep up to date activities of IFC-appointed board of Directors, consultants' working with portfolio clients, and insurance and environment reviews; and -Prepare materials and analyze data for quarterly Loss Reserves (PLR) meetings; prepare memos supporting loss reserves' rationale. Selection Criteria: 1.Undergraduate degree in Finance, Accounting, Economics or a related specialty, with solid minimum three years experience with a leading financial institution either in portfolio supervision, project finance and/or corporate finance Or A Masters degree in Finance, Accounting, Economics or a related specialty could be considered in lieu of some work experience 2.Strong analytical and conceptual skills and encompassing finance and the allied areas of financial investment, portfolio management and corporate finance. 3.Knowledge of financial modeling essential; Computer-savvy and internet proficient; good skills and use of relevant computer software and World Bank Group standard software applications (MS Word, Excel, Power Point, Lotus Notes); 4.Knowledge of, or willingness and aptitude to learn, relevant portfolio databases and system (e.g.MFA, EPMS, ODS, MIS);; 5.Strong previous relevant experience required 6.Excellent organizational, administrative, multi-tasking and time management skills with proven ability to work promptly and efficiently under pressure and meet tight deadlines. 7.Strong ability to communicate ideas clearly and confidently with good presentation skills. 8.Strong interpersonal skills and the ability to work with large, culturally diverse and geographically dispersed teams at all levels (inside and outside IFC). 9.Willingness and ability to travel if required. 10.Excellent communication skills in English; knowledge of French is highly desirable. 11.Knowledge and/or experience of local market and context required, and of one or more regional countries a plus. Knowledge of IFC's products and instruments a plus. No paper mail or faxes please. Only short-listed candidates will be contacted. Applications (in English only) should be submitted online by August 10, 2011. Applications without a cover letter (please restrict to one page) will not be considered. This is a local hire position, paid in local currency with a fixed 2 year term contract IFC s Recruitment and Employment Policies reflect its strong values for cultural, racial and gender diversity. Citizens of sub-Saharan African countries are particularly encouraged to apply.

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