Director, International Project Finance PSC

Pay Range: Equivalent to a GS-15 / $155,700.00 – $183,599.00 per year.

Introduction:

This position is located in the Office of Structured Finance and Insurance (OSFI) of the Development Finance Corporation (DFC). The work of the unit involves providing medium- to long-term funding through direct loans and loan guaranties to support investment in less developed countries. DFC’s Office of Structured Finance and Insurance is available for projects in the infrastructure and energy-related industries or for any projects in any industry seeking over $50 million in debt financing.

The Personal Service Contractor (PSC) shall provide personal services as a Director, International Project Finance, a senior officer supporting the most complex, sensitive, or precedent-setting finance projects which are located in developing countries and markets. The PSC is responsible for performing initial screenings of new loan proposals, underwriting, and due diligence tasks in the loan origination process which includes in-depth financial analysis, preparing portions of the loan papers and memoranda associated with presenting proposed loans to credit approval committees, supporting the loan negotiations and development of appropriate covenants for finance agreements, processing disbursement requests, and preparing proper documentation of the loan files associated with the transition of projects to the Monitoring group. The PSC will work for a Managing Director who is coordinating the full range of new project financings.

Major Duties and Responsibilities:

• Supports a Managing Director’s Project Team in the loan origination process of limited recourse project finance transactions located in developing countries.
• Independently conducts in-depth financial analyses of new loan proposals to determine a proposed project’s ability to maintain debt service and fully repay a loan based on a review of the documentation provided.
• Performs analyses utilizing available financial data including the financial statements provided by the project sponsors. Creates or modifies sponsor-provided financial projections to assess logical model construction and adequacy of business case assumptions for the proposed DFC financing. Conducts sensitivity analyses to test project assumptions and key economic drivers.
• Prepares required credit papers to be submitted for credit and management approval in accordance with Finance Policies and Procedures. Presents loan proposals to various approval committees.
• Supports the Project Team in reviewing, developing and negotiating legal documentation in the form of terms of reference, loan agreements, contracts, term agreements and other transaction related documents.
• Processes disbursement requests working to ensure that all conditions precedents have been met.
• Prepares proper documentation of the origination files in the system of record working to ensure that all required project documents are properly filed. Prepares proper documentation for the transition of assigned projects to the Project Monitoring Division.
• Works with OSFI’s Director of Business Development to develop new business opportunities. As required, advises representatives of private firms on the DFC’ s loan guaranty programs and other financing programs and initiatives.
• Responds to all requests in a timely manner. Replies to email correspondence and phone calls within two business days. Conducts daily duties with courtesy and professionalism.

Qualifications:

EDUCATION and CERTIFICATION: The PSC shall have a minimum of a Master’s Degree of Business Administration or Master of Arts or Master of Science in International Development, International Affairs, or International Economics.

EXPERIENCE: The PSC shall have aminimum of 5 years of experience independently performing the full range of loan origination in an international project finance setting within the last 7 yearsand demonstrated ability to perform the duties and responsibilities outlined above.

DEMONSTRATED ABILITY:

• Experience in applying financial expertise to evaluate projects located in developing countries and structure those projects in a limited-recourse project finance basis.
• Experience in building, auditing, and testing financial models and cash flow projections and in performing sensitivity analyses to support the project analysis.
• Experience in independently writing detailed credit approval or investment memoranda outlining project detail and analysis and presenting those proposals to credit committees and Boards of Directors for approval.
• Experience in negotiating legal and other documentation in the form of loan agreements, inter-creditor agreements, security documentation, and other transaction-related documents for projects in developing countries.
• Experience in processing disbursement requests from borrowers located in developing countries.

OTHER REQUIREMENTS: The PSC shall be a U.S. Citizen and have the ability to obtain and maintain a Public Trust clearance.

Background:

Leading to the Development (BUILD) Act of 2018, DFC may contract with individuals for personal services (PSC), who shall not be considered Federal employees under any provision of law administered by the Director of the Office of Personnel Management. In accordance with the BUILD ACT, a Broad Government Announcement (BGA) is being used to solicit quotes on positions that will be posted throughout a five (5) year period from the date of posting. Any resulting contracts will be made under FAR 37.104 Personal Services Contracts.