~~IFC Asset Management Company, LLC (AMC), a wholly-owned subsidiary of IFC, mobilizes and manages capital for investment in emerging markets. AMC was created in 2009 to provide investors with access to IFC's emerging markets investment pipeline and to expand the supply of long-term capital to these markets, enhancing IFC's development goals and generating profits for investors by leveraging IFC's global reach, standards, investment approach, and track record. AMC currently has US$9.8 billion under management through 13 investment funds that invest across a variety of sectors, geographies, and strategies. The strategies of the current AMC-managed funds cover equity and subordinated debt for commercial banks and other financial institutions; equity for infrastructure companies and projects; growth equity for generalist companies and projects in select regions; and fund investing in the resource efficiency space. AMC plans to raise and manage additional funds in the future, each with a focus on a particular sector, region, or product within the emerging markets.
IFC's investment departments support AMC by providing certain investment origination, execution, and supervision services, while all investment and portfolio decisions for funds under management are taken independently by AMC.
Please see AMC's website at www.ifcamc.org for more information on AMC's business.
AMC runs a competitive and rewarding Analyst Program for between 4 and 6 new Analysts each year. The Analyst Program seeks to hire individuals with 1-3 years of relevant experience in investment banking, consulting, or private equity, and provides a platform for further personal and professional development prior to business school. Selected Analysts will gain firsthand experience of working and investing in emerging markets, and will have the opportunity to work on a range of transactions across a variety of sectors and geographies. The Analyst Program will provide opportunities for international travel and extensive interaction with IFC and AMC colleagues around the world, allowing Analysts the opportunity to build a truly global network.
The AMC Analyst Program is intended to employ Analysts for 2-3 years. Beyond this timeframe, Analysts are encouraged to consider business school or other graduate programs. If the Analyst's performance throughout his or her term with AMC has been exceptional, AMC may provide loans or other financing to fund graduate studies. Analysts are expected to work through 30 June of their year of departure from AMC. Former AMC Analysts have gained admission to competitive graduate programs, and others have transitioned to further challenging and interesting professional opportunities that have leveraged their AMC experience.
Duties and Accountabilities
AMC Analysts will serve as members of the AMC investment teams and will work across various funds, providing analytical support to teams throughout the investment process, in the supervision of existing investments, and in the overall management of the funds. In particular, the Analyst will be responsible for: (i) analyzing financial statements, building and reviewing financial models, reviewing due diligence reports, and conducting industry, market, and company research; (ii) preparing project documents and investment materials for the funds' Investment Committees in close coordination with the rest of the AMC and IFC project teams; (ii) preparing internal and external strategy documents and presentations; (iii) assisting the AMC team in supervising the ongoing performance of the funds' portfolio companies; (iv) assisting in providing timely delivery of information to investors; and (v) preparing marketing and other communication materials.
Bachelor's degree (specialization in finance or related field)
1-3 years relevant experience in private equity, investment banking, or consulting
Strong analytical and investment assessment skills, good knowledge of accounting, financial statement analysis, and financial modeling, some knowledge of investment documentation
Ability to work effectively under pressure in a diverse, team-oriented environment
Strong client service orientation with an openness to feedback and new ideas
Ability to problem solve, think through solutions with limited supervision, and proactively seek counsel where needed
Experience and/or interest in emerging markets
Excellent (oral and written) communication skills in English - fluency in other languages (e.g. French, Spanish, Portuguese) is a plus
A willingness to travel internationally and frequently
IFC Asset Management Company, LLC is an equal opportunity employer.