Investment Associate

Job Posting Organization:
IDB Invest is the private sector arm of the IDB Group, dedicated to supporting sustainable development in Latin America and the Caribbean through private sector initiatives. Established to finance, structure, and mobilize capital for projects that foster economic growth and resilience, IDB Invest operates in 26 countries across four geographic regions and three industry verticals: Infrastructure and Energy, Financial Institutions, and Corporates. With a capitalization of $3.5 billion from its shareholders, IDB Invest is committed to enhancing its capacity to mobilize private capital and scale development impact in the region. The organization has recently restructured to implement its 'Originate to Share' business model, which aims to strengthen its ability to originate high-quality assets and connect global capital with regional opportunities. The organization is composed of various divisions that manage relationships with national governments and oversee operational programs, ensuring effective client engagement and strategic alignment across its initiatives.

Job Overview:
The Investment Associate will play a crucial role in the Delivery Unit, which operates under dual reporting to both the Financial Institutions Division and the Caribbean Division. This position is integral to the origination, structuring, negotiation, and closing of high-impact transactions with banks, microfinance institutions, and other financial entities that align with IDB Invest's operational policies. The associate will support project teams throughout the transaction approval process, ensuring compliance with established procedures and coordination with various internal units, including credit risk management and legal. The role also involves conducting financial and risk analyses of potential clients, participating in due diligence processes, and contributing to industry research within the financial sector. The Investment Associate will be responsible for preparing project-related documentation and presentations, thereby facilitating effective communication and decision-making within project teams.

Duties and Responsibilities:

• Support Team Leaders and project teams in the origination, structuring, negotiation, and closing of high development impact transactions with financial institutions.
• Assist in managing relationships with potential clients and ensure alignment with IDB Invest’s operations policies.
• Facilitate the transaction approval process by coordinating with various levels of IDB Invest management and its Board of Directors.
• Conduct financial and risk analysis of potential clients and advise on the financial viability of projects.
• Participate in due diligence processes and carry out industry research on the financial sector.
• Engage in the negotiation of transaction contracts and related legal documents in collaboration with project teams.
• Prepare project-related presentations, reports, spreadsheets, and memos as required.
• Act as a center of institutional knowledge and expertise for the sectors covered by the Division, enhancing operational effectiveness and regional coordination.

Required Qualifications:

• Bachelor’s degree or equivalent in Finance, Business Administration, International Development, or related fields.
• At least two years of relevant employment experience as a financial analyst/associate or in a similar role at a financial institution or consultancy firm.
• Proficiency in English is mandatory, with additional proficiency in one of the Bank's official languages (Spanish, French, or Portuguese) considered a plus.
• Must be eligible to work in Barbados without the need for sponsorship.
• No family members working at IDB, IDB Invest, or IDB Lab up to the fourth degree of consanguinity and second degree of affinity.

Educational Background:
The position requires a Bachelor’s degree or an equivalent qualification in fields such as Finance, Business Administration, International Development, or other relevant disciplines that align with the responsibilities of the role. This educational background is essential for understanding the complexities of financial transactions and the operational policies of IDB Invest.

Experience:
Candidates must possess a minimum of two years of relevant work experience in roles such as financial analyst or associate, preferably within a financial institution or consultancy firm. This experience should include exposure to transaction structuring, financial analysis, and client engagement, which are critical for the successful execution of the responsibilities associated with this position.

Languages:
Proficiency in English is mandatory for this role. Additionally, knowledge of one of the other official languages of the Bank, such as Spanish, French, or Portuguese, is considered advantageous and may enhance the candidate's suitability for the position.

Additional Notes:
The position is offered as a national staff contract for an initial duration of 36 months, with the possibility of renewal upon mutual agreement. The role includes a competitive compensation package, which encompasses 24 days of paid time off, 8 personal days, sick leave, and gender-neutral parental leave. Employees are provided with a comprehensive health insurance program covering medical, dental, vision, preventive care, and prescription drugs. Furthermore, IDB Invest offers a defined benefit pension plan, hybrid and flexible work schedules, and access to health services for preventive care and health education. The organization is committed to fostering a diverse and inclusive workplace, encouraging individuals from underrepresented groups to apply and ensuring reasonable accommodations for candidates with disabilities during the interview process.