IDB Invest - Portfolio Management Officer – Infrastructure & Energy Sector - Brazil, Chile, Paraguay or Uruguay
We are currently searching a dynamic professional to support the Portfolio Management Division in monitoring, from signature to repayment, a portfolio of loans and guarantees to private sector and non-sovereign guarantee counterparts primarily in the Infrastructure & Energy sector.
ABOUT THE IDB Invest:
IDB Invest aims to be the partner of choice for the private sector in Latin America and the Caribbean. We finance projects to advance clean energy, modernize agriculture, strengthen transportation systems, and expand access to financing.
Like the Inter-American Development Bank (IDB), our commitment is to economic growth and social inclusion; that is central to our identity, as part of the IDB Group. But our focus is on the private sector.
As the private sector arm of the IDB Group, we know the region. We work where our clients are and can provide them with customized financing solutions and expert advice tailored to their specific industry and market.
IDB Invest is owned by its 47 member countries, 26 of which are in the Latin American and Caribbean region. Each country’s voting power is proportional to the number of IDB Invest shares it holds.
Our people are committed and passionate about improving lives in Latin America and the Caribbean, and they get to do what they love in a diverse, collaborative, and multicultural work environment. We are the first Latin American and Caribbean development institution to be awarded the EDGE certification, recognizing our strong dedication to gender equality. We encourage women, afro-descendants, Indigenous peoples, the LGBTQ+ Community, and persons with disabilities 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 email@example.com to request a reasonable accommodation to complete this application.
What you will do: The monitoring will require regular and ad hoc analysis of the counterparts’ financial performance and reviews of the loan documentation to ensure compliance with contracts, covenants etc. The successful applicant will be the central point of contact for the clients assigned to her/his portfolio, identifying breaches and proposing solutions to resolve contractual events, thereby ensuring the stability and financial health of IDB Invest’s portfolio of outstanding loans and guarantees.
Under the supervison of the Portfolio Head of Infrastructure & Energy projects, the position’s main responsibilities involve:
Work autonomously and with other INO/PTM members in overseeing a portfolio of loan and guarantee transactions primarily with project finance and corporate counterparts.
Obtain and analyze information to assess counterparty compliance with financing agreements and to mitigate risk.
Conduct financial statement analysis, analyze financial projections, prepare risk rating proposals and periodic supervision reports to assess the credit standing of IDB Invest’s counterparts.
Assess status/events affecting loans and guarantees and, where necessary, disseminate information/prepare recommendations for appropriate action and next steps.
Engage directly with borrowers, shareholders, IDB Invest's B-lenders and co-lenders as well as agents and internal counterparts.
Participate in client monitoring meetings.
Follow on-going developments in the relevant industry sector(s).
Ensure that assigned counterparts comply with IDB Invest internal risk policies and guidelines liaising closely with IDB Invest's credit risk management, environmental and social, legal and finance departments, among others.
Participation in activities that support inclusiveness (mentoring, recruitment, leadership development, on-boarding, etc.)
Propose and support actions to improve and streamline internal processes.
Contribute to the development and assessment of developmental effectiveness indicators.
Collect and disseminate loan/guarantee credit risk information
Provide support to the Portfolio Management Division and the Investment Operations Departement in all other tasks required.
Candidates should possess a clear understanding of the operational work of IDB Invest or similar multilateral institution. Sector knowledge in the industries in which IDB Invest operates as well as experience in an international environment, preferably in Latin America and the Caribbean.
Link to Core & Technical Competences
Citizenship:: You are a citizen of Brazil, Chile, Paraguay or Uruguay or hold a valid work permit for one of these countries.
Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group.
Education: An advanced degree (at least Master’s, MBA, or equivalent) in Economics, Finance, Business Administration, Engineering, Development Studies, or other field.
📚 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗛𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 𝗝𝗼𝗯 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗡 𝗶𝗻 𝟮𝟬𝟮𝟯! 🌍🤝 𝗥𝗲𝗮𝗱 𝗼𝘂𝗿 𝗡𝗘𝗪 𝗥𝗲𝗰𝗿𝘂𝗶𝘁𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗨𝗡 𝟮𝟬𝟮𝟯 𝘄𝗶𝘁𝗵 𝘁𝗲𝘀𝘁 𝘀𝗮𝗺𝗽𝗹𝗲𝘀 𝗳𝗼𝗿 𝗨𝗡𝗛𝗖𝗥, 𝗪𝗙𝗣, 𝗨𝗡𝗜𝗖𝗘𝗙, 𝗨𝗡𝗗𝗦𝗦, 𝗨𝗡𝗙𝗣𝗔, 𝗜𝗢𝗠 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀! 🌐
⚠️ 𝐂𝐡𝐚𝐧𝐠𝐞 𝐘𝐨𝐮𝐫 𝐋𝐢𝐟𝐞 𝐍𝐨𝐰: 𝐏𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐓𝐞𝐜𝐡𝐧𝐢𝐪𝐮𝐞𝐬 𝐡𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐣𝐨𝐛 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐍𝐚𝐭𝐢𝐨𝐧𝐬 𝐍𝐎𝐖!
Experience: At least six (6) years of professional relevant experience in the credit assessment and/or rating of corporate and/or project finance counterparts, gained within a bank, financial institution and/or rating agency.
Language: Proficient in Spanish and English required; knowledge of Portuguese and/or French is a plus.
ABOUT THIS POSITION:
The Team: The Investment Operations Department (INO) follows a matrix model, with three segment divisions covering Infrastructure & Energy, Financial Institutions and Corporates, and three transversal areas such as the Financial Products Division (capital market solutions, resource mobilization, equity and mezzanine, and trade and supply chain finance), the Business Support Team, and the Portfolio Management Division.
Reports to: Head of Infrastructure and Energy
Location: Brazil, Chile, Paraguay or Uruguay.
Starting date: Q1 2023
WHAT WE OFFER:
Contract type and duration: 3 years national/staff contract (renewable).
Vacations: 24 days + 8 personal days
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.
Relocation grant if applicable
Are you passionate about improving lives in LAC and you comply with the requirements and qualifications? Apply! Our Talent Acquisition Team reviews every application.
CONTACT US: firstname.lastname@example.org
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.
Additional Information External Opening Date: Dec 8, 2022 External Closing Date: Dec 22, 2022 External Contact Email: email@example.com External Contact Name: HR Service Center Job Field: Portfolio Management