IDB Invest โ Investment Management Sr. Associate / Associate
Corporates Division โ Agribusiness Sector
Location: Mexico
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
We are looking for an Investment Management Associate/Sr. Associate for the Agribusiness sector within the Corporates Division (SMC) of the Investment Operations Department (INO) of IDB Invest. You will report to the Head of Agribusiness in accordance with the needs of the Division.
INO is responsible for the engagement of clients and partners for the origination, structuring, closing, and supervision of transactions and projects aligned with a strong development impact mandate. INO follows a matrix model consisting of three divisions: Corporates, Infrastructure and Energy, Financial Institutions, and two transversal areas covering Financial Products and Services and Portfolio Management.
Our Corporates Division consists of four independent units including Tourism, Manufacturing, Agribusiness, and Digital Economy, with coverage across the 26 regional operating countries where IDB Invest does business in Latin America and the Caribbean.
What you will do
You will be integrated into the team that manages client relationships and structures new food security, agribusiness, and forestry transactions of loans, quasi-equity, and equity investments in Latin America and the Caribbean.
Your scope of activities shall include, but not be limited to:
Demonstrate a thorough understanding of finance and financial services, especially corporate and project financing. Food and agribusiness sector experience is important. Development finance knowledge will be a plus. Support the regional team leader for Mexico, Central America, and the Caribbean in developing and maintaining quality client relationships to ensure responsive client service and improve new business opportunities. Review and analyze financial statements and build and/or adjust Excel financial models, including financial projection models, to evaluate financial information and support management decision-making. Proactively identify potential investment opportunities based on industry experience, reputation, market potential, financial capability, and strategic fit. Assess the attractiveness of specific investment opportunities with a strong focus on credit quality and development impact including creating financial models, analyzing historical and projected financial models and conducting industry and market research and assisting in IDB Investโs business development efforts. Participate in negotiations; use negotiation skills to overcome impasses and lead negotiations in straightforward transactions. When required and under the supervision of the team leader, coordinate complete transactions and develop appropriate financial structures for straightforward and sophisticated transactions, including all the internal transaction management. Work closely with IDB Investโs development partners to manage environmental, social, technical, legal, corporate governance, and other risks in projects and champion IDB Investโs offerings to clients. Prepare documentation for IDB Invest internal processes and contribute to the preparation and review of legal transaction documents, ensuring accuracy and compliance with IDB Invest standards. Assist with disbursements for approved lending and investment transactions by assisting with the verification of all contractual conditions. Assist in the preparation of PowerPoint presentations, Excel spreadsheets, pitchbooks, and other business-related reports required by the Agribusiness team in its day-to-day operations.What you will need
Education: Bachelorโs degree (business administration, economics, accounting) or Masterโs degree (MBA or equivalent advanced degree in finance). Experience: You have at least 2-5 years of relevant professional experience in loan and investments origination, structuring structured finance (project finance), or corporate finance transactions. Confirmed experience in a similar role in an investment, advisory firm, or development bank would be desirable, ideally in the food, beverage, and agribusiness industry. Strong client relationship experience and skills are also highly valued. Languages: You are proficient in oral and written English and Spanish; knowledge of Portuguese is a plus.Key Skills
Learn continuously. Collaborate and share knowledge. Focus on clients. Communicate and influence. Innovate and try new things.Requirements
Citizenship: You are either a citizen of Mexico or a non-citizen eligible to obtain residency or authorization to work in the country in which you are to be assigned without the need for sponsorship by 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 employeeโs life. These benefits include:
A competitive compensation package. Leaves and vacations: 24 days of paid time off, 8 personal days, sick leave, and 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 supports employees in planning for their future. Hybrid and flexible work schedules. Health and wellbeing: access to our Health Services Center which provides preventive care and health education for employees. Development support: tools to boost your professional profile such as mentoring, 1:1 professional counseling, training, and learning opportunities, language classes, and mobility options, among others.Our culture
At the IDB Group, we work so everyone brings their best and authentic selves to work, willing to try innovative 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.
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 improve economic, social, and environmental development in the region. With a portfolio of $16.3 billion in asset management and 394 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a broad range of industries.
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External Opening Date: Jun 7, 2024 External Closing Date: Jun 28, 2024 External Contact Email: hrsc@iadb.org Job Field: Investment Management