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 $19.2 billion in asset management and ~500 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.
About this position:
The Credit Risk Management Division of IDB Invest is looking for a professional with strong experience in as many of the following areas/industries as possible: financial institutions, structured finance, and investment funds.
What you will do:
Support the origination, execution, and monitoring of financial institutions, structured finance, and investment fund transactions and provide independent technical risk assessments of IDB Invest’s transactions, identifying issues to be addressed by various business areas and offer potential solutions and alternatives.
Perform the independent credit risk and/or investment assessment of sophisticated transactions, including reviewing and providing advice on financing structures, financial documents, consultant reports, financial models, and legal documentation in order to fully assess resulting credit and investment risk and possible mitigants to assigned transactions.
Be part of multidisciplinary teams in the analysis of prospective transactions and make recommendations to mitigate the identified key credit risks, as part of the credit approval process.
Review and ratify the internal credit risk ratings applicable to the transactions assigned, considering all dimensions involved, including borrower risks, transaction structure risks, and the macro/regulatory environment, as well as the envisioned probability of default, loss-given default, and expected recoveries.
Prepare written credit risk assessments including a credit recommendation on the counterparty's risk profile/rating in accordance with our credit policy and guidelines and documentation standards.
Formulate well-reasoned recommendations and persuasively communicate recommendations at required committees and to senior management.
Review and evaluate waivers and amendments presented by the Portfolio Management and Origination Divisions.
Work closely with the Special Assets Division on troubled debt restructurings to identify suitable debt restructuring strategy, steer jointly with that Division and other partners in the IDB Invest the recovery efforts and propose loan provisions.
Use an array of analytical tools, risk management models and methodologies to measure IDB Invest credit risk exposure for assigned projects and ensure that all transactions operate inside of clearly established limits.
What you will need:
Education:
Master’s degree (or equivalent advanced degree) in Business Administration, Finance, Engineering, or relevant field.
Experience:
Minimum of five years of relevant professional experience in similar position. You will also possess confirmed analytical skills and experience in seeking innovative solutions.
Languages:
You are proficient (oral and written) in English. Additional knowledge of Spanish, Portuguese or French is a plus.
