IDB Invest - Portfolio Management Consultant – Infrastructure, Energy & Structured Finance Sectors – Colombia or Mexico
Job description
IDB Invest - Portfolio Management Consultant – Infrastructure, Energy & Structured Finance Sectors – Colombia or Mexico
Context of this search:
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 HRSC@iadb.org to request a reasonable accommodation to complete this application.
The Team:
The Investment Operations Department (INO) is responsible for originating, structuring, and supervising transactions. INO has a matrix model with three divisions that cover: (i) Infrastructure and Energy (Transport, Energy, Water and Sanitation and Social infrastructure), (ii) Financial Investment (Banks, Funds, and other financial institutions), and (iii) Corporates (Agribusiness, Tourism, Manufacturing, and Digital Economy). INO also has four transversal areas that cover: (i) Business Strategy, Planning and Resources, (ii) Financial Services (Equity, quasi-Equity, Blended Finance, and Trade and Supply Chain Finance), (iii) Marketing and Business Communications and (iv) Portfolio Management.
You will join the Portfolio Management Division and will work under the direct supervision of the Portfolio Head of Infrastructure and Energy and the Portfolio Head of Financial Institutions. Your functions 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. You will be the central point of contact for the clients/counterparts assigned to your portfolio, identifying breaches and proposing solutions to resolve consultant events, thereby ensuring the stability and financial health of IDB Invest’s portfolio of outstanding loans and guarantees.
What you’ll do:
- Work with portfolio management officers in overseeing a portfolio of loan and guarantee transactions primarily with project finance and structured finance 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 our counterparts.
- Assess status/events affecting loans and guarantees and, where necessary, disseminate information/prepare recommendations for appropriate action and next steps.
- Help portfolio management officers engaging with borrowers, shareholders, B-lenders and co-lenders as well as agents and internal counterparts.
- Participate in monitoring meetings.
- Follow on-going developments in the relevant industry sector(s).
- Ensure that counterparts comply with IDB Invest internal risk policies and guidelines liaising closely with the 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.
What you’ll need:
You have (a) clear understanding of the operational work of IDB Invest or similar multilateral institution and (b) dector knowledge in the industries in which we operate as well as experience in an international environment, preferably in Latin America and the Caribbean. The following additional requirements should be met:
- Citizenship: You are either a citizen of Mexico or Colombia, or a resident with legal permit to work in Mexico or Colombia
- Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
- Education: You hold and advanced degree (at least Master’s, MBA, or equivalent) in Economics, Finance, Business Administration, Law, Engineering, Development Studies, or relevant field.
- Experience: You have at least six (6) years of professional relevant experience in the credit assessment and/or rating of financial institutions, corporates, project finance and/or structured finance counterparts, gained within a bank, financial institution and/or rating agency.
- Language: You are proficient in oral and written Spanish and English.
Opportunity Summary:
- Type of contract and modality: Consultant full time.
- Length of contract: 6 months
- Location: Colombia or Mexico
- Responsible: Portfolio Head of Financial Markets
Our culture: Working with us you will be surrounded by a diverse group of people who have years of experience in all types of private investment development fields, including infrastructure and energy, corporates, financial institutions, financial and non-financial products and services, gender and diversity, communications and much more.
Because we are committed to providing equal opportunities in employment, we embrace all diversity and encourage women, LGBTQ+, persons with disabilities, afro-descendants, and indigenous people to apply.
About us: IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization, committed to the development of the private sector of Latin America and the Caribbean by financing loans, equity investments, and guarantees. In addition, IDB Invest partners with clients to provide advisory and training services.
The IDB Invest offers a competitive remuneration and benefits package.
Our Human Resources Department carefully reviews all applications.
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.
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