Financial Products and Services Division Strategic Consultant

📁
Technical Support
📅
2400000992 Requisition #

Financial Products and Services Division Strategic Consultant

Location: Washington DC

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 senior consultant for IDB Invest's Financial Products and Services Division (“FNP”) with extensive experience in the secondary sale of loan syndications and debt securities products in Latin America and the Caribbean (LAC). As a critical part of its originate-to-share business model, IDB Invest expects to engage in a very active management of its portfolio and scale up its levels third party capital mobilization. As a consultant you will develop a comprehensive, efficient, and compliant process for the sale of syndicated loans and debt securities in the secondary market. This will involve assessing the current practices, identifying gaps, and creating a framework that ensures smooth transactions while maximizing returns and minimizing risks.

What you’ll do: 

  • Review the current debt instruments portfolio and the existing process for loan sales.
  • Design a comprehensive process for selling syndicated loans and debt securities in the secondary market based on proven and tested methodologies, which includes:
  • Criteria for selecting transactions to be sold.
  • Approval process for the sale of selected transactions
  • Steps and procedures for executing sales, including documentation and legal requirements.
  • Strategies for pricing and negotiation, including consideration for below par sales.
  • Risk management measures.
  • Compliance with relevant regulations and accounting treatment.
  • Communications and reporting protocols
  • Review back-office procedures for the proper booking and monitoring of sold transactions.
  • Review current systems and potential systems capacities to monitor and track transactions that have been tagged for sale.
  • Deliver a detailed process design document outlining the step-by-step procedure for selling syndicated loans and debt securities.

Deliverables and Payments Timeline:

Deliverable #

Percentage (accumulated)

A comprehensive assessment report on the current state of the debt instruments portfolio and market conditions.

 

10%

Report on criteria for selecting assets to be sold

 

30%

Report on strategies for pricing and negotiation, including consideration for below par sales

40%

Report on risk management measures, back-office procedures, and review of systems capacities.

60%

Draft of a detailed process design document outlining the step-by-step procedure for selling syndicated loans and debt securities (i.e. “Final Document”).

70%

Final Document

100%

The first contract will go from January 1st, 2025, until March 31st, 2025. The second contract will go from April 1st, 2025, until September 30th, 2025.

What you'll need:

  • Education: Master's degree in business, finance, economics, or similar fields 
  • Experience:  At least 10 years of combined experience in the syndicated loan market or debt capital market, particularly in secondary market transactions. Demonstrated experience in designing and implementing loan sales processes for financial institutions. In-depth knowledge of the regulatory and compliance landscape affecting syndicated loan and debt securities transactions. Strong analytical and strategic planning skills. Regional knowledge: possess a solid understanding of the markets Latin America and the Caribbean. Strong relationship and communication skills.
  • Languages: English, and Spanish or Portuguese.

Key skills

  • Learn continuously.
  • Collaborate and share knowledge.
  • Focus on clients.
  • Communicate and influence.
  • Innovate and try new things.

Requirements:

  • 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: Products and External Services Consultant (PEC), Lump Sum 
  • Length of contract:  This Consultancy has a total duration of 9 months, divided in two contracts the first one of 3 months and the second one of 6 months.
  • Work Location: Remote. 

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.

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

We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.

Follow us:

https://www.linkedin.com/company/inter-american-development-bank/

https://www.facebook.com/IADB.org

https://twitter.com/the_IDB

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

https://twitter.com/BIDInvest

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