We improve lives

• Southern Cone Division: Argentina, Brazil, Chile, Paraguay, and Uruguay
• Andean Region Division: Bolivia, Colombia, Ecuador, Peru, and Venezuela.
• Caribbean Division: The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago.
• Central America: Haiti, Mexico, Panama, and the Dominican Republic.

About this position

The Corporates Division (SMC), part of the Industries and Cross-Cutting Themes Department, leads the origination and delivery of operations in agribusiness, manufacturing, tourism and digital economy.

The Central America, Haiti, Mexico, Panama, and the Dominican Republic Division (RID), part of the Regions Department, is responsible for managing business and client engagement from a country perspective within its member countries. It also provides oversight to the Country Representatives of the IDB’s Vice Presidency for Countries and to the Directors of Delivery Units at IDB Invest.

The Delivery Units are responsible for: (i) establishing and maintaining client relationships, (ii) building pipeline through upstream project and sector development, (iii) transaction execution through the incorporation of multiple financial products including loans, guarantees, debt capital markets, equity and quasi-equity instruments, as well as resource mobilization and technical cooperation and (iv) acting as the center of institutional knowledge and expertise for the sectors covered by the Division. This integrated model enables Delivery Units to align business development with strategic priorities, enhance regional coordination, and ensure operational effectiveness across IDB Invest.

You will report to the Director of the Delivery Unit that has a dual-reporting structure to both the Managing Director of the Corporates Division (SMC) and the Managing Director of the Central America, Haiti, Mexico, Panama, and the Dominican Republic Division (RID).

What you’ll do

As Senior Officer, your scope of activities shall include, but not be limited to:

• Be responsible for the identification, selection, origination, execution, and closing of equity, quasi-equity, and debt (loans and guarantees, as well as capital market) transactions;
• Lead the evaluation of both lending and non-lending projects, including but not limited to the initial screening of project applications, evaluation of feasibility studies, and preparation of project concept notes, assessing project risks and advising on appropriate risk mitigation actions;
• Develop innovative and appropriate financial structures for complex transactions. Assess and structure transactions to maximize the potential for commercial co-financing and catalyzing additional sources of capital;
• 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.
• Coordinate with a variety of complementary team members including the environmental, social, and governance safeguards, finance, development effectiveness, legal, and risk functions as it relates to project structuring and closing of deals;
• Execute the closing of transactions and the disbursement process for approved lending and investment transactions and verify all contractual conditions prior to disbursement.
• Provide leadership, coaching, and mentoring to more junior team members;
• Build links and networks with key partners internally and externally, including corporates, financial institutions, infrastructure sponsors, institutional investors, regulators, global and regional private businesses, multilateral partners, and government officials to further develop specific investment opportunities;
• Contribute to industry and market research to guide the business origination and execution efforts aligned with the investment strategy of IDB Invest and its mandate for the private sector;
• Oversee the preparation of lessons learned from projects within and outside the IDB Group. Disseminate information to project teams on transaction strengths, weaknesses, risks and risk mitigation options; and
• Represent and promote IDB Invest by developing key relationships by liaising with industry experts, potential clients, potential partners, and stakeholders.

What you'll need

• Education: An advanced degree (Masters, MBA, or equivalent) in economics, legal, finance, business administration, engineering, or another relevant field.
• Experience: At least five (5) years of relevant experience as a bank officer responsible for loan origination, structuring and/or portfolio management and a confirmed track-record in leading both corporate and project finance transactions within the corporate sectors. Additional exposure to financial institutions and loan syndication will be considered a plus.
  • Demonstrate a thorough understanding of finance and financial products, especially of corporate and project financing;
  • Understanding of sector challenges, key trends, market idiosyncrasies, and drivers of change in LAC;
  • Strong financial modeling/valuation and analytical skills; and
  • A strong network of prospective clients and industry professionals.
• Language Skills: Oral and written professional proficiency in English and Spanish required; knowledge of Portuguese and/ or French is a Plus.

Requirements

• Citizenship: Must be eligible to work in job location without the need for sponsorship.
• 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 employee's life. These benefits include:

-A competitive compensation package.

-Leaves and vacations: 24 days of paid time off + 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 support employees in planning for their future.

-Hybrid and flexible work schedules.

-Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.

-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.

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