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About this position

We are looking for a dynamic professional to support the Portfolio Management Division in monitoring, from signature to repayment, a portfolio of loans, bonds and guarantees to private sector and non-sovereign guaranteed infrastructure and energy clients in the Southern Cone. As Portfolio Management Officer, you will be the central point of contact for the clients assigned to your portfolio, conducting regular and ad-hoc analysis of your counterparts’ performance, identifying breaches, and proposing solutions to resolve contractual events, thereby ensuring the stability and financial health of IDB Invest’s portfolio. In addition, you will support the Portfolio Head of Infrastructure and Energy and the coordinator of Infrastructure and Energy for the Southern Cone in mentoring human capital.  

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

What you’ll do

Under the supervision of the Portfolio Director of Infrastructure and Energy Sector projects, the position’s main responsibilities involve:

- Manage ongoing relationships with clients, agents, B-lenders, co-lenders and other parties involved in assigned portfolio transactions to ensure proper supervision.

- Monitor periodic information, including trends in the global financial markets, country-specific economic situations and events, and industry / market / regulatory developments, to evaluate their impact on IDB Invest’s counterparts and portfolio.

- Conduct regular and ad-hoc analysis of financial statements and performance and prepare high-quality periodic supervision reports and risk rating proposals.

- Assess credit, integrity, environmental & social risk, and track and contribute to the development effectiveness standing of transactions under supervision.

- Participate in regular monitoring meetings, portfolio review discussions and site visits with clients and relevant stakeholders, as required

- Collect, analyze and disseminate portfolio credit-risk information, emerging market trends, and lessons learned to support informed decision making across the institution.

- Ensure compliance with IDB Invest’s internal policies and guidelines by liaising closely with internal teams.

- Take proactive measures to protect IDB Invest’s interests and manage compliance with contracts and covenants. Timely respond to client’s requests for portfolio actions, including evaluating, negotiating, and processing required disbursements, waivers, amendments, and consents.

- Provide guidance to other Portfolio Management Officers in the Southern Cone region to ensure accuracy and quality of internal supervision reports and the technical and business soundness of proposed solutions to clients’ requests or transaction issues.

- Propose and lead actions to improve and streamline internal processes.

- Participate and contribute to corporate initiatives.

What you'll need

Education: Master’s degree (or equivalent advanced degree) in Economics, Finance, Business Administration, Engineering, Development Studies, or other fields relevant to the responsibilities of the role.

Experience: At least four (4) years of progressive experience in supervision, structuring, credit assessment and/or rating of corporate and/or project finance counterparts, gained within a development financial institution, commercial or investment bank, financial advisory firms and/or rating agencies. Candidates should possess a clear understanding of the operational work of IDB Invest or similar multilateral institutions. Sector knowledge in the industries in which IDB Invest operates as well as experience in an international environment, preferably in the Southern Cone.

Languages: Proficiency in Spanish and English, spoken and written, is required. Portuguese is considered a plus. 

Requirements

•    Citizenship: Must be eligible to work in the job location without the need of sponsorship from IDB Invest.

•    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 staff contract, 36 months initially, renewable upon mutual agreement.

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.
• 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: defined benefit pension plan that provides financial security and support employees in planning for their future. 
• Hybrid and flexible work schedules. 
• Health and well-being: Access to our Health Services Center that 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, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for excellence, and we recognize and celebrate the impact of their contributions.

In our efforts to drive innovation, we intentionally include all voices, cultivate a sense of belonging and champion fairness. We welcome individuals from underrepresented groups to join us and share their unique perspectives.

We ensure that individuals with disabilities are provided reasonable accommodations to participate in the job interview process. If you require an accommodation to complete this application, please email us at accommodations@iadb.org.

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