IFC Global Internship Program

international finance corporation

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.

IFC's FIG Africa department is seeking two interns as part of our Global Internship Program (GIP).  The Global Internship Program (GIP) offers highly motivated individuals an opportunity to be exposed to the mission and work of IFC and the broader World Bank Group and become part of the largest private sector development institution in the world. The program encourages individuals to bring new perspectives and innovative ideas to IFC's work, while improving skills in a diverse and highly stimulating environment. Moreover, the Global Internship Program provides a unique opportunity to exchange ideas and network with international professionals dedicated to ending extreme poverty and boosting prosperity in the developing world. 

Duties and Accountabilities:   

The Financial Institution 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. 
 
The FIG West Africa (FIG WA) team works on both new business development and portfolio management across the region with main hub and offices in Senegal, Cote d'Ivoire and the Sahel region. With a diverse network of markets, the pipeline of new transactions ranges from investing fresh equity or guarantees in banks to structured finance products to help develop local capital markets. The FIG WA team is recruiting a FIG Consultant to provide support to the investment team for the development, execution, and monitoring of investments in the West Africa region. This position provides a unique opportunity to gain exposure to the financial sector in the region and develop skills in financial analysis, modeling, credit and risk evaluation in a fast-paced and international environment. The position will be based either in Dakar or Abidjan. 
 
The responsibilities of the FIG intern include but are not limited to: 
 
Integrity Due Diligence 

• Write KYC (Know-Your-Client) reports for prospective and existing clients. 

• Assist in data collection/extraction internally and externally Financial Modeling. 

• Perform financial analysis on project investments. 

• Understand the financial aspects of investment transactions, including the risk/return profile and relevance of different investment products (debt, equity, guarantee, hybrid solutions, etc.) in relation to clients' needs. 

• Demonstrate skill in financial statement analysis and key ratios computation for the banking sector. 

• Have a basic understanding of the CAMELS rating system used by regulatory banking authorities to rate financial institutions. 

• Be able to utilize graphics and tables to effectively and creatively present data. 
 
Support for Business Research and Presentations 

• Work closely with new Business Manager to identify business opportunities with prospective or existing clients through a proactive business development approach. 

• Conduct industry, market and company research. 

• Prepare client dashboards and pitchbooks to support business development efforts. 

• Assist in identifying data collection needs to support the assessment of financial, operational, development impact, and market information as well as relevant ES&G matters. 

• Coordinate with the team to obtain needed information. 

• Prepare project-related documents and PowerPoint presentations for internal and external audiences. 
 
Support for Portfolio Management 

• Prepare portfolio reports, sector studies and trend analysis. 

• Assist in the update of the internal credit/facility rating of IFC existing clients. 

• Assist in completing case studies and lessons learned. 

• Support collection of development impact data from portfolio clients. 

Selection Criteria

• Candidates must be currently enrolled in a Master's degree level program  

• Preferred field of study: Economics, MBA, Accounting or Finance  

• Minimum of 2 years of previous work experience in a financial institution 

• Students from African universities are encouraged to apply 

• Excellent written and verbal communication skills in both French and English  

• Previous internship and/or international experience is a plus  

• Familiarity with the financial sector is a plus  

• Proficiency in the Microsoft suite: Word, Excel and PowerPoint  

• Strong financial, analytical and modeling skills  

• Ability to demonstrate attention to detail, thoughtful scenario analysis, and diligence in the quality of one's own work  

• Able to write in a logical and comprehensive, yet concise manner  

• Self-motivated and driven individual with strong willingness to learn and ability to multi-task  

• Team player with strong interpersonal skills  

• Committed to highest ethical standard, ability to work successfully in multicultural teams and across boundaries  

• Keen interest in development finance and multicultural environments 
 
Please refrain from submitting more than three applications to our internship program; otherwise, your candidacy may be disqualified and rescinded.   

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.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.

How cinfo Can Support You in the Application Process for This Position

- Application and Interview Preparation: Whether you're preparing your application documents or getting ready for an interview, you can book a Job Application Support session to receive tailored guidance.
- For Swiss nationals invited to the first round of the selection process (e.g., written test, interview, assessment center): Notify us at recruitment@cinfo.ch, and we will inform our HR partners in the respective organization and the Swiss Government to help increase your visibility.

Secteur:

Poste:

Taux d'occupation: 80-100% / 100%

Type d'emploi: Internship

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