We improve lives
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. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
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 Argentina, Brazil, Chile, Paraguay and Uruguay. As Portfolio Management Senior Officer, you will be the central point of contact for the clients assigned to your portfolio, 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. In addition, you will support the Portfolio Head of Infrastructure and Energy and the coordinator of Infrastructure and Energy for the Southern Cone in mentoring human capital.
You will work in the Portfolio Management Division, part of the Industries and Cross-Cutting Themes Department. This team is responsible for managing and supervising IDB Investโs portfolio in the region.
What youโll do
Under the supervision of the Portfolio Head of Infrastructure & Energy projects, the positionโs main responsibilities involve:
- 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 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.
- Take proactive measures to protect IDB Investโs interests and manage compliance with contracts and covenants. Timely respond to clientโs requests for portfolio actions, including evaluating, negotiating, and processing required disbursements, waivers, amendments, and consents.
- Provide guidance to other Portfolio Management Officers in the Southern Cone region to ensure accuracy and quality of internal supervision reports and the technical and business soundness of proposed solutions to clientsโ requests or transaction issues.
- Prepare and disseminate market intelligence and lessons learned from supervised projects to internal audiences. Collaborate with project teams by providing recommendations to the structure and legal documentation of new transactions.
- Propose and lead actions to improve and streamline internal processes.
- Participate and contribute to corporate initiatives.
What you'll need
Education: Masterโs 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 five (5) years of progressive 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.
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 English and Portuguese, spoken and written, is required. Spanish is considered a plus.
Requirements
Citizenship: You are either a citizen of Brazil of with residency or legal permit to work in Brazil.
Consanguinity: You have no family members (up to 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 + 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 supports employees in planning for their future.
- Hybrid and flexible work schedules.
- 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 accommodations@iadb.org.