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.
To deliver on this ambition, IDB Invest reorganized its structure and created the Regions Department, which manages business and client relationships from a country perspective. The regions include:
- Southern Cone (Argentina, Brazil, Chile, Paraguay, Uruguay)
- Andean Group (Bolivia, Colombia, Ecuador, Peru, Venezuela)
- Caribbean (The Bahamas, Barbados, Guyana, Jamaica, Suriname, Trinidad and Tobago)
- Central America, Haiti, Mexico, Panama, and the Dominican Republic
Additionally, the Industries and Cross-Cutting Themes Department manages business and client engagement from an industry perspective. It is composed of six divisions: three focused on core industries (Infrastructure and Energy (IEN), Financial Institutions (FLI), and Corporates (SMC)); two focused on cross-cutting themes (Climate and Environment (CLE) and Gender and Social Inclusion (GSI)); and one dedicated to Portfolio Management (PTM). Together, these divisions support the implementation of IDB Investโs mandate by providing sectoral expertise, thematic leadership, and strategic portfolio oversight across the institution.
About this Position
The Portfolio Management Division (ICT/PTM) seeks a candidate to support the monitoring of a portfolio of non-sovereign guaranteed loans and guarantees to corporate entities and special purpose vehicles created to develop productive investment projects. The assigned project portfolio will be primarily located in the northern and central regions of Latin America and cover sectors such as agribusiness, telecommunications, hospitality, and manufacturing, depending on the candidateโs experience and profile.
Transaction monitoring will require periodic and ad hoc financial performance analysis of counterparties and a review of loan documentation to ensure compliance with contractual obligations. The selected candidate will be the main point of contact for assigned clients and will be responsible for identifying contractual breaches and operational risks, proposing solutions to address those breaches and managing risks to ensure the stability and soundness of IDB Investโs loan and guarantee portfolio.
What You'll Do
- Work independently and collaboratively with other members of the ICT/PTM Division to supervise and monitor a portfolio of loans and guarantees with corporate counterparties.
- Collect and analyze information to assess counterpartiesโ ability to comply with financing agreements and propose risk mitigation measures.
- Analyze financial statements and projections of assigned clients, prepare risk rating proposals and periodic supervision reports to measure credit risk and development impact.
- Evaluate statuses/situations affecting loans and guarantees and, when necessary, disseminate information and prepare recommendations to define appropriate measures and next steps.
- Maintain close relationships with borrowers, their shareholders, B and C lenders, and internal counterparts.
- Manage monitoring visits and coordinate project supervision with departments such as Risk, Legal, Environmental, and Finance.
- Stay informed about relevant sector developments, news, and material events that may affect credit performance.
- Prepare and share lessons learned from projects in the portfolio and contribute to the development of development effectiveness indicators.
- Propose and support actions to improve internal process efficiency and effectiveness.
- Evaluate and process waiver and amendment requests to loan agreements.
- Support the Portfolio Management Division and the Investment Operations Department in any assigned tasks.
What You'll Need
Education: Masterโs degree (or equivalent advanced degree) in Business Administration, or its equivalent in Finance, Business, Economics, Engineering, or other relevant fields.
Experience: Minimum of four years of relevant experience in the financial sector, preferably in commercial banking and/or multilateral financial institutions. Hands-on experience in structuring, managing, monitoring, and/or controlling corporate loans and/or financing productive investment projects.
Languages: Fluency in Spanish and English, both oral and written, is required
Requirements
- Citizenship: You are either a citizen of Costa Rica, El Salvador, Panama, Mexico or Dominican Republic with residency or legal permit to work in either of those countries.
- 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 staff contract, 36 months initially, renewable upon mutual agreement.
What We Offer
- A competitive compensation package
Our Culture
Our culture
At the IDB Group, 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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