Location

This position can be based in any of the following cities: Montevideo (Uruguay), Lima (Peru), Bogota (Colombia), São Paulo (Brazil), or Washington D.C. (USA).

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.

To deliver on this ambition, IDB Invest reorganized its structure and created the Regions Department, which manages business and client relationships from a country perspective. The regions include: 

• Southern Cone (Argentina, Brazil, Chile, Paraguay, Uruguay) 
• Andean Group (Bolivia, Colombia, Ecuador, Peru, Venezuela) 
• Caribbean (The Bahamas, Barbados, Guyana, Jamaica, Suriname, Trinidad and Tobago) 
• Central America, Haiti, Mexico, Panama, and the Dominican Republic 

 Additionally, the Industries and Cross-Cutting Themes Department manages business and client engagement from an industry perspective. It is composed of six divisions: three focused on core industries (Infrastructure and Energy (IEN), Financial Institutions (FLI), and Corporates (SMC)); two focused on cross-cutting themes (Climate and Environment (CLE) and Gender and Social Inclusion (GSI)); and one dedicated to Portfolio Management (PTM).

Together, these divisions support the implementation of IDB Invest’s mandate by providing sectoral expertise, thematic leadership, and strategic portfolio oversight across the institution.  

About this position

We are seeking an infrastructure and energy portfolio management expert to serve as the Director of Infrastructure and Energy under the Portfolio Management Division (PTM), part of the Industries and Cross-Cutting Themes Department. You will report to the Managing Director of Portfolio.

What you’ll do

• Oversees the supervision of the portfolio of infrastructure and energy (including corporate loans and project finance transactions) and manages the ongoing relationship with borrowers and related parties, acting as the central point of contact for assigned clients and transaction-related parties for the infrastructure and energy industry.
• Oversees the infrastructure and energy portfolio team, guiding and mentoring the team and managing all matters related to the team, including performance, career path, training and development, and other key functions.
• Assesses client performance including monitoring transaction risk, ensuring covenant compliance, updating counterparty credit ratings and renewing trade finance lines, as applicable through desk reviews and/or site visits.
• Monitors development impact over the life of each transaction and works with clients to improve the development profile of the operation, when opportunities arise.
• Supervises the timely completion and content of periodic supervision reports prepared by Portfolio Management Officers, including counterparty risk rating updates.
• Leads implementation actions to mitigate potential and/or actual risks on time.
• Oversees the resolution of transaction issues and preparation of project-related documentation associated with portfolio actions, including amendments, waivers and consents, and guides Portfolio Management Officers in resolving the most complex transaction issues, actively participating as required.
• Reviews and approves complex loan disbursements (and payments under guarantees).
• Evaluates and provides approval for certain waivers, amendments and consents.
• Contributes to IDB invest strategies and evaluations.
• Leads the work of Portfolio Management Officers in the analysis of information to assess and monitor counterparty compliance with financing agreements.
• Coordinates the dissemination of lessons learned throughout the organization.

What you'll need

Education: You hold an advanced degree (at least Master’s, MBA, or equivalent) in Finance, Business Administration, Engineering, Economics, International Development, or other fields relevant to the responsibilities of the role. Specialization in portfolio management of infrastructure and energy is highly valued. 

Experience: At least 10 years of relevant experience in portfolio management and in infrastructure and energy sectors. Confirmed solid experience in a similar role in an investment, advisory firm, or bank is essential. Experience in Latin America and the Caribbean is desirable. Experience with complex and diverse portfolio supervision matters in infrastructure and energy.

Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.

Requirements

• Citizenship:
  • International staff contract: No requirements.
  • National staff contract: Must be eligible to work in job location(s) 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

• Washington D.C. (USA): International staff contract, 36 months initially, renewable upon mutual agreement.
• Montevideo (Uruguay), Lima (Peru), Bogota (Colombia) or Sao Paulo (Brazil): 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.

-We offer assistance with relocation and visa applications for you and your family when it applies.

-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.

-Other perks (Country specific)

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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