IDB Invest Portfolio Management Consultant Corporates and SMEs Sector
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Location:
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Salary:negotiable / YEAR
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Job type:CONTRACTOR
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Posted:2 months ago
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Category:Treasury and Investment
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Deadline:01/08/2024
JOB DESCRIPTION
IDB Invest Portfolio Management Consultant Corporates and SMEs Sector
Location: Argentina, Chile, Paraguay or Uruguay
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean (LAC). Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position
You will join the Portfolio Management Division and will work under the direct supervision of the Portfolio Director of Corporates & SMEs and/or a Lead Portfolio Officer. 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. You will work with various key tasks, including identifying breaches and proposing solutions to resolve consultantevents, thereby helping ensure the stability and financial health of IDB Invest’s portfolio of outstanding loans and guarantees.
What you’ll do:
- Help 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 our counterparts.
- Assess status/events affecting loans and guarantees and, where necessary, disseminate information/help prepare recommendations for appropriate action and next steps.
- Be part of a team engaging with borrowers, shareholders, B-lenders and co-lenders as well as agents and internal counterparts.
- Participate in monitoring meetings.
- Follow on-going developments in the relevant industry sector(s).
- Help ensure that counterparts comply with IDB Invest internal risk policies and guidelines liaising closely with the 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.
- Provide support to the Portfolio Management Division and the Investment Operations Department in all other tasks required.
What you’ll need :
- Education: You hold and 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 three (3) years of professional relevant experience in the credit assessment and/or rating of corporate counterparts, gained within a bank, financial institution and/or rating agency.
- Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
- Learn continuously.
- Collaborate and share knowledge.
- Focus on clients.
- Communicate and influence.
- Innovate and try new things.
Requirements:
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- Citizenship: You are either a citizen, a resident or hold a legal permit to work in Argentina, Chile, Paraguay or Uruguay without the need for sponsorship by the 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:
- Type of contract: National Consultant Full-Time.
- Length of contract: 36 months.
- Work Location: COF Argentina, COF Chile, COF Paraguay or COF Uruguay.
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.
- Leave and vacations: 2 days per month of contract + gender-neutral parental leave.
- Health Insurance the IDB Group provides a monthly allowance for the purchase of health insurance.
- Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
- Hybrid and flexible work schedules.
- Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
- Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
Our culture
At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
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About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB Invest
IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $14.1 billion in asset management and 325 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.
Follow us:
https://www.linkedin.com/company/idbinvest/
https://www.facebook.com/IDBInvest
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Additional Information
How to Apply
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Step 2: Click the APPLY FOR JOB button at the end of this job advert.
Step 3: After going to parent website, please read instructions carefully and ensure you apply as soon as possible.
Good luck!
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