Proparco is seeking a Senior Investment Officer who will be responsible for developing, executing and monitoring investment in Egypt, as well as identify potential projects. This role requires a willingness to travel and will report to Proparco's Regional Director.
Key Responsibilities and Accountabilities:
1. Identifying and developing new investment opportunities
The main target of the Proparco regional office is to identify projects locally through a close relationship with clients and other local economic actors. This includes:
- Prospecting for new projects and developing a good pipeline of investment opportunities in Indonesia
- Analyzing the welfare and the financial soundness of borrowers and investors.
- Analyzing financial statements and preparing or reviewing financial models.
- Conducting company, industry and market research.
- Leading preliminary negotiations about the main terms of the financing agreements.
- Preparing project identification sheets (which, internally, represent the first step of the project cycle)
- Presenting – occasionally - per conference call a project identification sheet to the screening committee in Paris. The screening committee assesses the project identification sheets. In case of approval by the screening committee, the project is taken to the following step: the due diligence process.
2. Execution and evaluation of the projects
The execution of a project is related to its evaluation after it has passed the screening committee. Theoretically, once a project is approved by the screening committee, investment officers from the headquarters in Paris take over the responsibility of bringing the project all the way up to the final investment decision. But depending on the complexity of the project, it is usual for regional investment officers to still work in close cooperation with teams from Paris in order to prepare the project proposal note and formalize the loan or equity application. At this level; the senior investment officer’s main tasks will be to:
- Coordinate the due diligence mission with the Paris headquarter and participate in the structuring negotiations between Proparco and the client.
- Participate in the preparation of the project proposal note.
- Participate in the final negotiations regarding the legal documentation.
3. Follow-up of the portfolio and risk management
Together with the portfolio management team in Paris, the regional offices have the responsibility of following and assessing Proparco’s portfolio exposure and the risk underlying to each transaction. In this respect, the investment officers’ main tasks will be to:
- Maintain a close relationship with existing clients.
- Follow-up market and counterparty risk through reading the local press, economic reports and regular assessment of financial statements.
- Monitor the client’s legal obligations in terms of financial covenants and reporting.
- Formalize the risk analysis on a semester basis through the preparation of a risk evaluation sheet for each transaction of the officer’s portfolio.
- Preparation of press releases
- Contribution to AFD Group strategy for private sector operations in North Africa.
- Participation in conferences, sometimes as a speaker
- Participation in networking/embassy events
- Cooperation with French services (Service économique, Business France, Chambre de Commerce Française en Egypte…)
- Support to the regional Director in any aspect of the job
- Good relationship manager with the ability to prospect and convert opportunities into transactions.
- Ability to analyse the financial, operational and governance performance of prospects with a strong sensibility for risks.
- Deep understanding of sector drivers, business/market development cycles within Egypt, as well as implications of environmental and social sustainability issues, and how sector dynamics may evolve
- Excellent verbal and written communication skills.
- Excellent organizational, administrative, and time management skills
- Ability to work with like-minded investors and jointly run the transaction.
- Ability to interact directly and independently with the senior management of clients, financial and technical partners as well as senior government officials.
- Capacity to work independently, to multi-task and to handle communication across various levels
- Pro-active, logical reasoning, problem-solving, analytical skills and detail-orientated.
- Willingness to travel throughout Northern Africa region for prospection missions
- Willingness to work in an international/French environment
Qualifications & experience
- A relevant Master’s degree in Finance, Accountancy, Economics, Business Management or CFA.
- At least 7 years of work experience for a major commercial or investment bank with significant emerging markets presence, an international financial institution or a private equity firm.
- Experience in investment transaction, with proven success in developing client relationships as well as sourcing, negotiating, structuring and closing quality investments.
- Knowledge of and experience in another emerging markets a plus
- Fluency in English and Arabic is a must. Knowledge of French would be a plus.
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