Senior Portfolio Assistant, Financial Institutions Group, LAC Region
Job Description
Job Posting Organization:
The International Finance Corporation (IFC) is a member of the World Bank Group and is recognized as the largest global development institution focused on the private sector in emerging markets. Established to promote economic development by encouraging private sector investment, IFC operates in over 100 countries, leveraging its capital, expertise, and influence to create markets and opportunities in developing nations. The organization is committed to ending poverty and promoting sustainable development, with a mission to mobilize private capital and provide innovative solutions to the most pressing global challenges. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions, demonstrating its significant role in fostering economic growth and development. The Financial Institutions Group (FIG) is one of IFC's key departments, responsible for a substantial portion of IFC's business volume and profitability, engaging in various sub-sectors such as microfinance, insurance, and capital markets. The FIG LAC team focuses on the Latin America and Caribbean region, working collaboratively across multiple countries to drive financial inclusion and support the real economy.
Job Overview:
The Senior Portfolio Assistant will play a crucial role in supporting the investment team in the supervision and management of IFC's investment portfolio within the Latin America and Caribbean region. This position is integral to the FIG LAC team, which is dedicated to enhancing financial inclusion and mobilizing resources for development. The Senior Portfolio Assistant will be responsible for maintaining the Reporting Requirements Tracker (RRT) system, ensuring timely collection of portfolio financials and other reports from clients. The role involves daily tracking of investment actions, preparing materials for quarterly portfolio review meetings, and supporting the pipeline team in managing investment review meetings. The incumbent will also provide administrative and analytical support for the appointment of nominee directors on boards of portfolio clients, track environmental and social performance, and monitor the collection of fees related to portfolio activities. This position requires a proactive approach to ensure that all aspects of portfolio management are executed efficiently and effectively, contributing to the overall success of the investment team.
Duties and Responsibilities:
The Senior Portfolio Assistant will have a diverse set of responsibilities, including but not limited to: maintaining the Reporting Requirements Tracker (RRT) system for tracking portfolio reports; ensuring timely collection of insurance policies from clients; monitoring the completion status of investment actions and equity valuations; preparing data for quarterly portfolio review meetings; supporting the pipeline team in reporting and managing invitations for Investment Review Meetings; assisting in Supervision Integrity Due Diligence; providing support for the appointment of nominee directors; tracking committed but unutilized amounts and closing dormant projects; enforcing development outcomes and data submissions; monitoring environmental and social performance of portfolio clients; and ensuring proper filing of documents during project transitions. The role demands a high level of organization, attention to detail, and the ability to work under pressure to meet deadlines.
Required Qualifications:
Candidates must possess a Bachelor’s degree and a minimum of 2 years of relevant work experience in finance, banking, or portfolio management within a major financial institution. Prior exposure to IFC’s portfolio systems is advantageous, along with knowledge of directorship appointments and social and environmental requirements for financial institutions. Strong organizational and time management skills are essential, as is the ability to work efficiently under pressure. Candidates should demonstrate sound numerical, analytical, and conceptual skills, with a proven attention to detail in analysis and presentation. Experience in interacting with mid-level technical and managerial counterparts is also required, along with proficiency in extracting data from corporate databases and strong skills in Excel and PowerPoint.
Educational Background:
A Bachelor’s degree is required for this position, providing a foundational understanding of finance, banking, or related fields. The educational background should ideally include coursework or training relevant to portfolio management and financial analysis, equipping the candidate with the necessary skills to perform effectively in this role.
Experience:
The position requires a minimum of 2 years of relevant work experience in finance, banking, or portfolio management. Candidates should have a demonstrated history of working in a major financial institution, with experience in portfolio management or related fields being highly desirable. Familiarity with IFC’s portfolio systems and processes will be considered a plus, as will experience in directorship appointments and understanding social and environmental requirements for financial institutions.
Languages:
Fluency in English is mandatory for this position, as it is the primary language of communication within the organization. Additionally, candidates should be fluent in either Spanish or Portuguese, as these languages are preferred for effective communication within the Latin America and Caribbean region. Proficiency in these languages will enhance the candidate's ability to interact with clients and stakeholders across the region.
Additional Notes:
This position is a local recruitment opportunity, meaning preference will be given to candidates authorized to work in the duty station. The term duration for this role is set for 3 years, and it is essential for applicants to be aware of the local employment regulations. The World Bank Group offers a comprehensive benefits package, including a retirement plan, medical and life insurance, paid leave, and reasonable accommodations for individuals with disabilities. The organization is committed to diversity and inclusion, ensuring equal opportunity for all applicants regardless of gender, race, ethnicity, or other characteristics.
The International Finance Corporation (IFC) is a member of the World Bank Group and is recognized as the largest global development institution focused on the private sector in emerging markets. Established to promote economic development by encouraging private sector investment, IFC operates in over 100 countries, leveraging its capital, expertise, and influence to create markets and opportunities in developing nations. The organization is committed to ending poverty and promoting sustainable development, with a mission to mobilize private capital and provide innovative solutions to the most pressing global challenges. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions, demonstrating its significant role in fostering economic growth and development. The Financial Institutions Group (FIG) is one of IFC's key departments, responsible for a substantial portion of IFC's business volume and profitability, engaging in various sub-sectors such as microfinance, insurance, and capital markets. The FIG LAC team focuses on the Latin America and Caribbean region, working collaboratively across multiple countries to drive financial inclusion and support the real economy.
Job Overview:
The Senior Portfolio Assistant will play a crucial role in supporting the investment team in the supervision and management of IFC's investment portfolio within the Latin America and Caribbean region. This position is integral to the FIG LAC team, which is dedicated to enhancing financial inclusion and mobilizing resources for development. The Senior Portfolio Assistant will be responsible for maintaining the Reporting Requirements Tracker (RRT) system, ensuring timely collection of portfolio financials and other reports from clients. The role involves daily tracking of investment actions, preparing materials for quarterly portfolio review meetings, and supporting the pipeline team in managing investment review meetings. The incumbent will also provide administrative and analytical support for the appointment of nominee directors on boards of portfolio clients, track environmental and social performance, and monitor the collection of fees related to portfolio activities. This position requires a proactive approach to ensure that all aspects of portfolio management are executed efficiently and effectively, contributing to the overall success of the investment team.
Duties and Responsibilities:
The Senior Portfolio Assistant will have a diverse set of responsibilities, including but not limited to: maintaining the Reporting Requirements Tracker (RRT) system for tracking portfolio reports; ensuring timely collection of insurance policies from clients; monitoring the completion status of investment actions and equity valuations; preparing data for quarterly portfolio review meetings; supporting the pipeline team in reporting and managing invitations for Investment Review Meetings; assisting in Supervision Integrity Due Diligence; providing support for the appointment of nominee directors; tracking committed but unutilized amounts and closing dormant projects; enforcing development outcomes and data submissions; monitoring environmental and social performance of portfolio clients; and ensuring proper filing of documents during project transitions. The role demands a high level of organization, attention to detail, and the ability to work under pressure to meet deadlines.
Required Qualifications:
Candidates must possess a Bachelor’s degree and a minimum of 2 years of relevant work experience in finance, banking, or portfolio management within a major financial institution. Prior exposure to IFC’s portfolio systems is advantageous, along with knowledge of directorship appointments and social and environmental requirements for financial institutions. Strong organizational and time management skills are essential, as is the ability to work efficiently under pressure. Candidates should demonstrate sound numerical, analytical, and conceptual skills, with a proven attention to detail in analysis and presentation. Experience in interacting with mid-level technical and managerial counterparts is also required, along with proficiency in extracting data from corporate databases and strong skills in Excel and PowerPoint.
Educational Background:
A Bachelor’s degree is required for this position, providing a foundational understanding of finance, banking, or related fields. The educational background should ideally include coursework or training relevant to portfolio management and financial analysis, equipping the candidate with the necessary skills to perform effectively in this role.
Experience:
The position requires a minimum of 2 years of relevant work experience in finance, banking, or portfolio management. Candidates should have a demonstrated history of working in a major financial institution, with experience in portfolio management or related fields being highly desirable. Familiarity with IFC’s portfolio systems and processes will be considered a plus, as will experience in directorship appointments and understanding social and environmental requirements for financial institutions.
Languages:
Fluency in English is mandatory for this position, as it is the primary language of communication within the organization. Additionally, candidates should be fluent in either Spanish or Portuguese, as these languages are preferred for effective communication within the Latin America and Caribbean region. Proficiency in these languages will enhance the candidate's ability to interact with clients and stakeholders across the region.
Additional Notes:
This position is a local recruitment opportunity, meaning preference will be given to candidates authorized to work in the duty station. The term duration for this role is set for 3 years, and it is essential for applicants to be aware of the local employment regulations. The World Bank Group offers a comprehensive benefits package, including a retirement plan, medical and life insurance, paid leave, and reasonable accommodations for individuals with disabilities. The organization is committed to diversity and inclusion, ensuring equal opportunity for all applicants regardless of gender, race, ethnicity, or other characteristics.
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We are not liable for any decisions or actions taken by applicants in response to this job listing. By applying, you agree that all application processes, interviews, and potential job offers are managed exclusively by the listed employer or organization.
Beware of fraudulent job offers. Do not provide sensitive personal information or make any payments to secure a job.