Location
The position can be based in San Salvador (El Salvador).
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 industry verticals: Infrastructure and Energy, Financial Intermediaries, and Corporates.
In support of a new transformative business model โOriginate to Shareโ 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 infrastructure and energy clients in Central America and/or the Caribbean. As Portfolio Management Consultant, you will be conducting regular and ad-hoc analysis of your counterpartsโ performance, identifying breaches, and proposing solutions to resolve contractual events, thereby ensuring the stability and financial health of IDB Investโs portfolio.
You will work in the Portfolio Management Division, part of the Industries and CrossCutting Themes Department. This team is responsible for managing and supervising IDB Investโs portfolio in the region.
What youโll do
Under the supervison of the Portfolio Head of Infrastructure & Energy projects, the positionโs main responsibilities involve:
- Work with portfolio management offices in the management of 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 Investโs 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 track and contribute to the development effectiveness standing of transactions under supervision.
- Ensure compliance with IDB Investโs internal policies and guidelines by liaising closely with internal teams.
- Support portfolio management officers in taking proactive measures to safeguard IDB Investโs interests and ensure compliance with contractual obligations and covenants. Assist in responding promptly to clientโs requests related to portfolio actions, including evaluating, negotiating and processing disbursements, waivers, amendments, and consents.
- Prepare and disseminate market intelligence and lessons learned from supervised projects to internal audiences.
- Participate and contribute to corporate initiatives.
What you'll need
-Education: Bachelorโs degree (or equivalent advanced degree) in Economics, Finance, Business Administration, Law, Engineering, Development Studies, or relevant field. Masterโs degree (or MBA) will be considered a plus
-Experience: Between two (2) or (4) years of experience in supervision, structuring, credit assessment and/or rating of corporate and/or project finance counterparts, gained within a development financial institution, commercial or investment bank, financial advisory firms and/or rating agencies.
-Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
Requirements
โข Citizenship: You are either a citizen of El Salvador of with residency or legal permit to work in El Salvador.
โข 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 consultant Full-Time, 36 months.
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
- 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: โโโโโโโThe 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, 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 accommodations@iadb.org.
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