IDB Invest Portfolio Management Senior Associate Infra & Energy

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.

About this position

We are looking for a dynamic professional to support the Portfolio Management Division in monitoring, from signature to repayment, a portfolio of loans, bonds and guarantees to private sector and non-sovereign guaranteed with infrastructure and energy clients. The monitoring of transactions will require periodic and ad hoc analysis of the financial performance of counterparties and review of loan documentation to ensure compliance with the contractual obligations assumed by clients. The Portfolio Management Senior Associate is the primary point of contact for the transactions assigned to them and is responsible for identifying contractual breaches and operational risks, proposing solutions to resolve such breaches, managing identified risks, to ensure the stability and soundness of BID Invest’s loan and guarantee portfolio.

What you’ll do

The position’s main responsibilities involve:

• Work independently and with other members of the Division in supervising and monitoring a portfolio of loans and guarantees with infrastructure and energy counterparties.
• Obtain and analyze information to assess the counterparties’ ability to comply with financing agreements and propose measures to mitigate risks.
• Analyze financial statements and financial projections of clients in their charge, prepare risk rating proposals and periodic supervision reports to measure credit risk and the contribution and development impact of the portfolio under their responsibility.
• Evaluate the status/situations affecting loans and guarantees and, when necessary, disseminate information and prepare recommendations to take appropriate measures and define next steps.
• Maintain close relationships with borrowers, borrowers’ shareholders, B and C lenders, as well as with agents and internal counterparts.
• Perform monitoring visits and coordinate project supervision with the Risk, Legal, Environmental, Development Impact, and Finance departments, among others.
• Stay informed about developments in relevant sectors, news, and material events that may affect the performance of the credit portfolio.
• Prepare and share lessons learned from projects in the portfolio. Contribute to the development of appropriate indicators for development effectiveness.
• Propose and support actions to improve the effectiveness and efficiency of internal processes.
• Evaluate and process waiver and amendment requests to main loan contracts.
• Support the Portfolio Management Division in all required tasks.

What you”ll need

• Education: Master’s degree (or equivalent advanced degree) in Economics, Finance, Business Administration, Engineering, Development Studies, or other fields relevant to the responsibilities of the role.

• Experience: At least three (3) years of progressive experience in supervision, structuring, credit assessment and/or rating of project finance counterparts, gained within a development financial institution, commercial or investment bank, financial advisory firms and/or rating agencies. Candidates should 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.

• Languages: Proficiency in Spanish and English, spoken and written, is required.

Requirements

• Citizenship: Must be eligible to work in the job location without the need of sponsorship from IDB Invest.

• 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

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.

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.

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 [email protected].

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