Job Location

This position can be based in Asuncion (Paraguay), Buenos Aires (Argentina), Montevideo (Uruguay), Santiago (Chile), or São Paulo (Brazil).

We improve lives

IDB Invest is the private sector arm of the IDB Group and an international financial institution committed to addressing the development needs of Latin America and the Caribbean. Our mission is to support sustainable enterprises and projects that deliver financial results while maximizing social and environmental impact in the region.

IDB Invest operates in 26 countries, structured across four geographic regions and three vertical industries: Infrastructure and Energy, Financial Institutions, and Corporates.

In support of a new transformative business model “Originate to Share” our shareholders recently approved a $3.5 billion capitalization. This will allow IDB Invest to significantly scale up its investments, nearly doubling annual financing from approximately $8 billion to $19 billion, and unlocking greater private sector participation to drive development and climate impact across the region.

About this position

We are currently searching for a dynamic professional to support the Portfolio Management Division (PTM) in managing, from signature to final repayment, a portfolio of loans, bonds, guarantees, structured finance and equity investments to private sector and non-sovereign-guaranteed counterparts in the Financial Institutions segment and the Corporates & SMEs segment.

You will work in the Portfolio Management Division, within the Industries and Cross-cutting Themes Department. This division is responsible for managing and supervising IDB Invest’s portfolio in the region.

What you’ll do

Support Portfolio Management Officers in:

• Overseeing a portfolio of loans, bonds, guarantees, structured finance and/or equity transactions.
• Conducting data gathering, validation, and analysis of projects in portfolio to assess counterparty performance, monitor compliance with financing agreements, and mitigate risk.
• Performing financial statement analysis, analyzing financial projections, preparing risk rating proposals and periodic supervision reports to assess the financial and business standing of our counterparts.
• Following ongoing developments in the relevant industry sectors and countries, assessing events affecting the portfolio under supervision and, when necessary, disseminating information and recommendations for appropriate action.
• Engaging with borrowers, sponsors, fund managers, B-lenders, co-lenders, co-investors, agents and internal counterparts, and participating in client monitoring meetings, as applicable.
• Preparing presentations, performance metrics assessments, and tailored materials for internal and external audiences, and contributing to the development and assessment of developmental effectiveness indicators.
• Ensuring 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.
• Proposing and supporting actions to improve and streamline internal processes.
• Providing support to the Portfolio Management Division and the ICT Department in all other tasks required.

What you'll need

Education: Bachelor’s degree  in Economics, Finance, Business Administration, Law, Engineering, Development Studies, or relevant field. CFA charter holder or Master’s degree (or MBA) will be considered a plus.

Experience: At least two (2) years of experience in credit assessment and/or rating of financial intermediaries and/or corporate counterparts, gained within a commercial, investment or development bank, financial institution, financial advisory firm and/or rating agency.  

Languages: Proficiency in English and one of the other Bank official languages (Spanish or Portuguese) is required.

Requirements

•    Citizenship: Must be eligible to work in job locations (Paraguay, Buenos Aires, Uruguay, Chile, or Brazil)  without the need for sponsorship.  

•    Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.

Type of contract and duration

National consultant Full-Time, 36 months (up to 48 months). 

What we offer

The IDB group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:

-A competitive compensation package

-Leave and vacations: 2 days per month of contract + gender-neutral parental leave.

-Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance

-Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.

-Hybrid and flexible work schedules

-Development support: We offer learning opportunities to boost your professional profile, such as seminars, 1:1 professional counseling, and much more.

-Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.

Our culture