Syndications Officer
Job #: req33380
Organization: IFC
Sector: Treasury
Grade: GF
Term Duration: 3 years 0 months
Recruitment Type: Local Recruitment
Location: London,United Kingdom
Required Language(s): English
Preferred Language(s)
Closing Date: 6/16/2025 (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.
The Syndicated Loans and Mobilization Department (“CSL”) is responsible for raising external funds and credit insurance capacity for IFC clients from banks through the B Loan program, from Development Financial Institutions and other parallel lenders, and through its Managed Co-Lending Portfolio Program (“MCPP”) from institutional investors and credit insurance companies. The Department is responsible for developing innovative products, platforms and other solutions to attract private capital into emerging markets. It is further responsible for mobilizing third party capital through the suite of syndication products as well as attracting non-traditional syndications partners, including institutional investors, to support the growth of IFC’s loan business. The Department also manages the ongoing syndicated portfolio engagements with B Loan participants, parallel lenders, MCPP investors and global credit insurance companies.
CSL is seeking a Syndications Officer to join its Credit Insurance Program team, based in London, United Kingdom. This role will focus on product development, transaction execution, and stakeholder management for IFC’s Credit Insurance Program. The Officer will be responsible for expanding and managing relationships with global insurers, developing new products and programs, and addressing constraints in credit insurance procurement. Additionally, the role involves leading certain policy and framework updates, supporting unfunded MCPP structuring, as well as individual transaction processing, and collaborating with internal teams to enhance operational efficiency and risk mitigation strategies.
Duties And Accountabilities
In this role, s/he would be part of the Credit Insurance product Team and support the Credit Insurance Lead in all elements of the program, including the pursuit of new insurance partners, the development of new products or legal structures for new unfunded MCPPs, and day-to-day product application on individual transaction level. S/he would also be a key point person for the MCPP Operations team for any inquiries that come up with regard to any of the existing unfunded MCPPs.
Roles & Responsibilities
Product & Program Development
- Develop new products and/or programs to expand IFC’s ability to procure credit insurance, addressing any constraints in both individual and programmatic areas.
- Act as a product specialist, advising transaction teams on structuring deals to incorporate credit insurance efficiently.
- Proactively explore opportunities to expand credit insurance use in strategically significant areas, such as local currency transactions and deals involving other IFC financial instruments.
- Develop and lead trainings related to credit insurance for internal audiences both at the launch of new initiatives and also annually as refreshers.
Stakeholder & Relationship Management
- Strengthen and deepen relationships with key stakeholders, including IFC investment teams, syndications officers and credit insurance teams at leading global insurers, credit and risk departments.
- Engage with internal and external partners to streamline processes, resolve challenges, and expand the availability of credit insurance structures for IFC’s transactions.
- Together with other members of the Credit Insurance product team, serve as one of the primary liaisons for credit insurance-related matters, ensuring alignment across various teams and industry players for transactions across sectors and regions.
Operational Coordination & Efficiency
- Work closely with operational departments, including MCPP Operations, loan operations and accounting policy, to develop and implement new MCPP unfunded programs.
- Collaborate with the Legal department to amend or create documentation ensuring smooth credit insurance procurement.
- Enhance the efficiency of credit insurance procurement through policy improvements, operational streamlining, and strategic partnerships.
Selection Criteria
- M.B.A., Master’s degree in finance, economics, or other related area.
- Minimum 6 years of relevant experience in the financial sector, including a solid operational understanding of international credit structures and products, capital markets with emphasis on structured debt fund management and fundraising, loan documentation and financial markets.
- Understanding of the credit insurance market and products strongly desirable.
- Sound knowledge of portfolio management, including an understanding of loan management and booking processes, accounting and IT systems.
- Experience creating new products, functions, or processes desirable, with an ability to think through how negotiated points can affect loan operations, accounting, systems, and legal documentation with Borrowers/Investors and present creative, practical solutions.
- Proactive, resourceful, and self-motivated with an ability to project manage efforts across broad teams inside and outside of the department, multi-task, prioritize effectively, and adhere to deadlines.
- Strong knowledge of investment processes and transaction structuring.
- Proven commitment to working as a team, collectively brainstorming and designing products, disseminating information, and sharing knowledge.
- Ability to work successfully in multicultural teams and across boundaries.
- Excellent oral and written presentation skills in English.
- Committed to The World Bank Group and to IFC’s mission, strategy and values.
- Highest ethical standards.
- Willingness to travel as and where necessary.
WBG Culture Attributes
- Sense of Urgency – Anticipating and quickly reacting to the needs of internal and external stakeholders.
- Thoughtful Risk Taking – Taking informed and thoughtful risks and making courageous decisions to push boundaries for greater impact.
- Empowerment and Accountability – Engaging with others in an empowered and accountable manner for impactful results.
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.
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