Inter-American Development Bank (IDB)

Portfolio Management Officer (Infrastructure & Energy Sector)

Inter-American Development Bank (IDB)

Job Description

  We are currently searching a candidate to support the Portfolio Management Division in monitoring, from signature to repayment, a portfolio of loans and guarantees to private sector and non-sovereign guarantee counterparts primarily in the Infrastructure & Energy sector as well as some Corporate transactions. Background: The Investment Operations Department is responsible for generating a portfolio of high quality, creditworthy, and environmentally and socially sound projects that result in significant development impact. The business cycle goes from the identification, selection, origination and execution of transactions to their monitoring. The Department follows a matrix model, with three segment divisions covering Infrastructure and Energy, Financial Institutions and Corporates, as well as three transversal areas such as the Financial Products and Services Division, the Advisory Services Division and the Portfolio Management Division. The Team: The selected candidate will join the Portfolio Management Division and will work under the direct supervision of the Portfolio Head of Infrastructure & Energy projects. The monitoring 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. The successful applicant will be the central point of contact for the clients assigned to her/his portfolio, identifying breaches and proposing solutions to resolve contractual events, thereby ensuring the stability and financial health of IDB Invest’s portfolio of outstanding loans and guarantees. What you will do:
  • Work autonomously and with other INO/PTM members in overseeing a portfolio of loan and guarantee transactions primarily with project finance and corporate 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 IDB Invest’s counterparts.

  • Assess status/events affecting loans and guarantees and, where necessary, disseminate information/prepare recommendations for appropriate action and next steps.

  • Engage directly with borrowers, shareholders, IDB Invest's B-lenders and co-lenders as well as agents and internal counterparts.

  • Participate in client monitoring meetings.

  • Follow on-going developments in the relevant industry sector(s).

  • Ensure that assigned counterparts comply with IDB Invest internal risk policies and guidelines liaising closely with IDB Invest's 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.

What you will need: Education: You hold an 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 corporate and/or project finance counterparts, gained within a bank, financial institution and/or rating agency. The ideal candidate will possess a clear understanding of the operational work of IDB Invest or similar multilateral institution. Sector knowledge in the industries in which IDB Invest operates as well as experience in an international environment, preferably in Latin America and the Caribbean. Language: You are proficient (oral and written) in Spanish and English; knowledge of Portuguese and/or French is a plus.   Opportunity summary: Type of contract: Fixed term Length of Contract: 3 years Starting date: Upon agreement with you Location: Mexico 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 diversity based on gender, age, education, national origin, ethnic origin, race, disability, sexual orientation, and religion. We encourage women, Afro-descendants and persons of indigenous origins 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. Due to the current COVID-19 pandemic and its implications for our Region, the IDB Group is reviewing its hiring needs and re-prioritizing its areas of talent acquisition. We encourage candidates to continue to apply to the active postings, yet current job openings may be subject to further decisions in terms of timing of the processes, or other actions, in accordance with business needs. Final hiring decisions may also be conditioned to the candidate’s ability to timely relocate to the post of duty at the moment of starting service. Additional Information

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