Job Location

The position can be based in any of the following cities: Montevideo (Uruguay), Lima (Peru), Panama City (Panama), San Salvador (El Salvador), Paraguay (Asuncion), Bogota (Colombia) and Santiago (Chile) 

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 highly qualified professional to supervise, from signature to repayment, a portfolio of loans, bonds and guarantees to private sector and non-sovereign guaranteed financial institutions (banks, microfinance and specialized financial institutions) and structured finance vehicles in Latin America and the Caribbean.

As a Financial Markets Sector Portfolio Management Senior Officer, you will conduct regular and ad-hoc analysis of counterparts’ performance, identifying risks and breaches, and proposing solutions to resolve contractual events, thereby contributing to the stability and financial health of IDB Invest’s portfolio.

You will work in the Portfolio Management Division, within the Industries and Crosscutting Themes Department. This team is responsible for managing and supervising IDB Invest’s portfolio in the region.

What you’ll do

• Manage ongoing relationships with clients, agents, B-lenders, co-lenders and other parties involved in assigned portfolio transactions to ensure proper supervision.
• Monitor periodic information, including trends in the global financial markets, country-specific economic situation and events, and industry / market / regulatory developments, to evaluate their impact on IDB Invest’s counterparts and portfolio.
• Conduct regular and ad-hoc analysis of financial statements and performance and prepare high-quality periodic supervision reports and risk rating proposals.
• Assess credit, integrity, environmental & social risk, and monitor the development effectiveness standing of transactions under supervision. Ensure compliance with IDB Invest’s internal policies and guidelines by liaising closely with internal teams.
• Take proactive measures to protect IDB Invest’s interests and manage compliance with contracts and covenants. Timely respond to client’s requests for portfolio actions, including evaluating, negotiating, and processing required disbursements, waivers, amendments, and consents.
• Provide guidance to Portfolio Management Associates and Analysts to foster quality and accuracy of internal supervision reports and technical / business soundness of proposed solutions to transaction issues.
• Prepare and disseminate market intelligence and lessons learned from supervised projects to internal audiences. Collaborate with project teams by providing recommendations on the structure and legal documentation of new transactions.
• Propose and lead actions to improve and streamline internal processes and contribute to corporate initiatives.

What you'll need

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

Experience: At least 5 years of relevant professional experience in supervision, structuring, assessment and/or rating of financial institutions or structured finance transactions in Latin America and the Caribbean, working with development financial institutions, commercial or investment banks, financial advisory firms or rating agencies.

Languages: Proficiency in Spanish and English, spoken and written, is required. Portuguese is would be a plus. 

Requirements

Citizenship: Must be eligible to work in job location without the need for sponsorship. 

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.

#IDBInvest