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 in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

IFC’s Dakar office is seeking an intern 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 the 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 role of the Business Intern Analyst is to support the investment team in the development, execution, and monitoring of investments in the West and Central 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 responsibilities of the BI include but are not limited to:

Integrity Due Diligence

• Write KYC (Know-Your-Client) reports for prospective 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 how to conduct market analysis and determine the financial soundness of a company or project opportunity
• Demonstrate skill in financial statement analysis, accounting, finance, financial modeling, DCF, and comparable company analysis to support informed decision making
• Have a basic understanding of how specific investments transactions in different industries and sectors impact the economic, market, and social development
• Be able to utilize graphics and tables effectively and creatively present data.

Support for Business Research and Presentations

• Work closely with the 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 completing case studies and lessons learned
Selection Criteria


• Candidates must be currently enrolled in a Master’ s degree level program with an expected graduation date?after December 1st, 2023,?to be eligible.
• Field of study, Master’s in Business Administration (MBA); specializing in Finance, Economics, or Accounting
• Minimum 3 years of relevant work experience
• Excellent written and verbal communication skills in both French and English
• Previous internship and/or international experience 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 a strong willingness to learn and the ability to multi-task
• Team player with strong interpersonal skills
• Committed to the 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.
Poverty has no borders. Neither does excellence. This is why we continually search for qualified individuals with diverse backgrounds from around the globe. 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.