IDB Invest - Portfolio Management Lead Officer- Equity Funds- National Position to be based in a Country Office in Latin America & Caribbean (outside Headquarters)

📁
Portfolio Management
📅
2100000774 Requisition #

 

Background: We are looking for a highly qualified professional to supervise a portfolio of private equity and debt funds. The successful applicant will work under the supervision of the Portfolio Management Head of Financial Markets in the Portfolio Management Division (PTM) and will be the central point of contact for the clients assigned to his/her portfolio, identifying potential issues and proposing solutions to resolve contractual events and mitigate risks, thereby contributing to the stability and financial health of IDB Invest’s portfolio.

INO is responsible for clients and partners’ engagement for the origination, structuring, closing and supervision of transactions and projects that meet our requirements. INO follows a matrix model with three Segment Divisions covering Infrastructure and Energy (Transport, Energy, Water and Sanitation and Social Infrastructure), Financial Institutions (Banks, Funds, and other Financial Institutions), and Corporates (Agribusiness, Tourism, Manufacturing and Telecommunications, Media and Technology), as well as transversal areas such as Financial Products and Services, and Portfolio Management. INO also houses two Teams (Marketing and Business Communications and Business Strategy, Planning and Resources), and is responsible for advisory engagements with clients, in close coordination with IDB Invest´s Strategy and Development Department (DSP). 

 

The Team: Our Division is responsible for the supervision and managing of IDB Invest’s portfolio from transactions’ first disbursement to final repayment, including funds provided directly by IDB Invest, B loans, and third-party funds. We are organized in three main sectors: Financial Markets, including Financial Intermediaries, Investment Funds and Structured Finance transactions, Infrastructure and Corporates.  ​​

What you will do:

  • Lead the supervision of a portfolio of private equity (“PE”) and debt funds in which IDB Invest has an investment participation. Maintain close contact and manage ongoing relationship with fund managers and other stakeholders, including with other limited partners.

  • 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 Invest’s counterparts and portfolio.

  • Analyze financial statements and projections to identify and mitigate risks. Assess the standing and valuation of IDB Invest’s investments, including benchmarking performance of the private equity funds against the market and IDB Invest’s own PE portfolio.

  • Monitor compliance of funds with investment agreements and with IDB Invest’s policies and guidelines, liaising closely with internal origination, legal, credit risk, environmental and social, institutional integrity and finance teams, among others.

  • Regularly liaise with the investment funds origination team to share market intelligence and lessons learnt from supervision and to stay up to date with pipeline, market trends.

  • Take proactive measures to protect IDB Invest’s interests in investments. Timely respond to client’s requests for portfolio actions, including evaluating, negotiating and processing required disbursements, waivers, amendments and consents.

  • Coordinate with the investment funds origination and legal teams to determine vote intentions in Advisory Committees and Limited Partners / Investors decisions.

  • By liaising with the investment funds origination team, prepare an equity management plan for each of the equity funds, including ways to accelerate growth/returns and to prepare for the eventual exit.

  • Prepare periodic supervision reports, including Annual Supervision Reports, Active Equity Management and Portfolio Supervision Committee presentations.

  • Track and keep record of net asset value of funds in portfolio and coordinate the quarterly preparation of information for Accounting.

  • Contribute to the assessment of developmental effectiveness and impact of supervised transactions.

  • Propose and lead actions to improve and streamline internal processes.

  • Participate in activities that support inclusiveness at IDB Invest (mentoring, recruitment, leadership development, on-boarding).

  • Participate and contribute to corporate initiatives.

Education: Advanced degree (at least Master’s, MBA, or equivalent) in Finance, Business Administration, Economics or relevant fields. CFA designation is a plus.

Experience: At least 7+ years of relevant investing and/or portfolio management work experience in debt/private equity investment funds, financial/advisory firms or development financial institutions. In-depth understanding of investment funds’ product/business drivers and challenges, as well as deep knowledge of industry market trends and players in the Latin America and the Caribbean region.

Languages: You have excellent written and oral communication skills in your country’s official language(s) and in English. Oral and written proficiency in a second or third Bank language (Spanish, French, or Portuguese) is preferred.

Core & Technical Competencies:

  • Strong ability to assess, understand and provide sound judgment on complex business, financial and legal structures and issues.

  • Solid financial analysis and modeling capabilities.

  • Outstanding oral/written communication and negotiation skills.

  • Aptitude to carry out multiple and detailed tasks and deliver results under tight deadlines.

  • Ability to fit in and contribute to multidisciplinary and multicultural project teams.

  • Takes initiative to assist others and share knowledge and information.

Opportunity summary: 

Type of contract: Fixed-Term

Length of contract: 36 months, that might be extended with both parties’ consent.

Starting date: Upon agreement with you. 

Location: IDB Invest Country Office in Latin America & Caribbean (outside Headquarters)

Requirements: Not have family members currently working at the IDB Group.  

 

Our company: Working with us you will be surrounded by a diverse group of people who have years of experience in all types of private investment development fields, including infrastructure and energy, corporates, financial institutions, financial and non-financial products and services, gender and diversity, communications and much more.

About us: IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization based in Washington, D.C., that is committed to the development of Latin America and the Caribbean through the private sector.

IDB Invest offers a competitive remuneration and benefits package.

IDB Invest is committed to diversity and inclusion and to providing equal opportunities in employment. We embrace diversity on the basis of gender, age, education, national origin, ethnic origin, race, disability, sexual orientation, religion, and HIV/AIDs status. We encourage women, Afro-descendants, and persons of indigenous origins to apply. 

Due to the current COVID-19 pandemic and its implications for our Region, the IDB Group is reviewing its hiring needs and re-prioritizing its areas of talent acquisition. We encourage candidates to continue to apply to the active postings, yet current job openings may be subject to further decisions in terms of timing of the processes, or other actions, in accordance with business needs. Final hiring decisions may also be conditioned to the candidate’s ability to timely relocate to the post of duty at the moment of starting service. In the event, the selected candidate cannot relocate to the post of duty, the start date may have to be postponed or a temporary work agreement ratified, ad-hoc, in accordance with business needs and applicable policies, with the view of having the candidate physically present in the post of duty by July 1 at the latest, should travel regulations permit it.

 

 

Previous Job Searches

My Profile

Create and manage profiles for future opportunities.

Go to Profile

My Submissions

Track your opportunities.

My Submissions