IDB Invest - Investment Management Officer – Financial Institutions Division – Port of Spain, Trinidad and Tobago
We are looking for a dynamic and innovative professional who will help us change people’s lives in Latin America and the Caribbean, managing our existing portfolio of operations and engaging in technical dialogue leading to the identification and preparation of loan operations and technical assistance programs for the Caribbean Region
WHAT YOU WILL DO:
Drive the identification, selection, origination and execution of financial institutions transactions in IDB Invest Caribbean member countries (Bahamas, Barbados, Belize, Dominican Republic, Guyana, Haiti, Jamaica, Suriname, and Trinidad & Tobago) that are consistent with the IDB Invest’s operating policies.
Evaluate both lending and non-lending projects, including, but not limited to, the initial screening of project applications, evaluation of feasibility studies, and preparation of concept notes, assessing project risks and advising on appropriate risk mitigation actions.
Conduct appraisal meetings to gather the necessary technical, legal, economic and financial information to assess the merits of potential investment opportunities as required.
Coordinate with product experts in areas such as trade finance and capital markets, as well as with the environmental, social and governance safeguards, finance, development effectiveness, legal, and risk functions as it relates to project structuring and closing of deals. Lead industry and market research of financial institutions to guide the business origination and execution efforts aligned with the investment strategy of IDB Invest and its mandate for the private sector.
Play a meaningful role in promoting IDB Invest by developing key relationships in the private sector development communities, liaising with industry authorities, potential clients, partners and stakeholders as well as generating new business opportunities.
What you'll need
Education: Master degree Finance, Business Administration or other fields relevant to the responsibilities of the role. Experience: You have over 5 years of progressive experience in Banking or Financial Services Industry Languages: Proficiency in English Additional knowledge of other Bank official languages (Spanish, French or Portuguese) is preferable. basic Spanish is highly desired; knowledge of Portuguese of French is a plus.
Key skills
Learn continuously Collaborate and share knowledge Focus on clients Communicate and influence Innovate and try new thingsRequirements:
Citizenship: You are a citizen of any Trinidad and Tobago or hold a valid work permit in that country. Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group. COVID-19 considerations: the health and safety of our employees are our number one priority. As a condition of employment, IDB/IDB Invest requires all new hires to be fully vaccinated against COVID-19.
ABOUT THIS POSITION:
Business Unit: The Investment Operations Department of IDB Invest follows a matrix model, with three segment Divisions covering Infrastructure and Energy, Financial Institutions and Corporates, and four transversal areas including Financial Products and Services Division (in charge of capital market solutions, trade and supply chain finance, equity and resource mobilization), the Portfolio Management division, and the Advisory Services Team.
The Team: The Financial Institutions (FLI) Division supports a broad range of Financial Institutions such as banks, mutual banks, credit cooperatives, financial and insurance companies, investment funds and microfinance institutions, among others, through debt and equity financing, guarantees and knowledge to promote economic development, job creation and the adoption of sustainable environmental, social and corporate governance principles. You will report to the Head of Financial Institutions -Caribbean Team within the FLI Division.
Reports to: Investment Management Principal Officer, Caribbean Region
Location: Port of Spain, Trinidad and Tobago
Starting date: [January 2023]
What we offer:
National staff contract, 36 months initially, renewable upon mutual agreement. A competitive compensation package Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + gender-neutral parental leave Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program that covers medical, dental, vision, preventive care, and prescription drugs. Pension plan: pre-defined pension plan that provides financial security and supports employees in planning for their future. Hybrid and flexible work schedules Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for employees. Development support: We offer tools to boost your professional profile such as mentoring, 1:1 professional counseling, training, and learning opportunities, language classes, mobility options, among others.Our culture
At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
This vacancy is archived.