Jobs

IDB Invest – Financial Analyst Consultant – Financial Institutions Division – El Salvador

Posted on: April 7, 2021 Apply Now
Washington, DC Full Time Financial ServicesExpires May 14, 2021

Job details

Job Type

Full-time

Full Job Description

IDB Invest – Financial Analyst Consultant – Financial Institutions Division – El Salvador

Background

The Investment Operations Department is responsible for generating a portfolio of high quality, creditworthy, and environmentally and socially sound projects that result in significant development impact. The business cycle goes from the identification, selection, origination, and execution of transactions to their monitoring.

The Department follows a matrix model, with three segment divisions covering Infrastructure and Energy, Financial Institutions and Corporates, and three transversal divisions covering Financial Products and Services, Advisory Services and Portfolio Management.

The Team

The Financial Institutions Division (INO/FLI) supports a broad range of financial institutions (“FIs”) such as banks, mutual banks, credit cooperatives, financial and insurance companies, funds, and microfinance institutions, among others, through debt and equity financing, guarantees and knowledge to promote economic development, job creation and the adoption of sustainable environmental, social, and corporate governance principles.

What you will do

  • Reporting to the INO/FLI Division Chief and in accordance with the needs of the INO/FLI Division.

  • Support Team Leaders and project teams in the origination, structuring, negotiation and closing of high development impact transactions with banks, microfinance and other non-bank financial institutions that are consistent with IDB Invest’s operations policies and in the relationship management of potential clients.

  • Support project teams throughout the transaction approval process by various levels of IDB Invest management and its Board of Directors, in accordance with established procedures, including coordination with the credit risk management, environmental and social safeguards, legal, mobilization and other internal units.

  • Contribute to the financial and risk analysis of potential clients; and advise on the financial viability of projects.

  • Participate with project teams in due diligence missions and carry out industry research on financial intermediaries.

  • Participate in the negotiation of transaction contracts and related legal documents in coordination with project teams.

  • Prepare, in coordination with project teams, project-related presentations, reports, spreadsheets, memos, among others, as needed.

What you will need

  • Citizenship: You are either a citizen of El Salvador or a resident with legal permit to work in El Salvador.

  • 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.

  • Education: You hold an advanced degree (Master’s or MBA) in Finance, Economics, Business Administration, or related fields (master’s degree is preferable, but not mandatory).

  • Experience: You have three (3) years of relevant employment experience as a financial analyst/associate or equivalent position at a financial institution or a consultancy firm.

  • Languages: You are proficient in oral and written proficiency in English and Portuguese; knowledge of Spanish and/or French is a plus.

Opportunity Summary

  • Type of contract: Consultant full time

  • Length of contract: 36 months

  • Location: El Salvador

  • Responsible person: Head of Banks & Other FIs, Financial Institutions Division

  • Requirements: You must have no family members currently working at the IDB Group

Our culture: 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.

Because we are committed to providing equal opportunities in employment, we embrace all diversity and encourage women, LGBTQ+, persons with disabilities, afro-descendants, and indigenous people to apply.

About us: IDB Invest, a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization, committed to the development of the private sector of Latin America and the Caribbean by financing loans, equity investments, and guarantees. In addition, IDB Invest partners with clients to provide advisory and training services.

The IDB Invest offers a competitive remuneration and benefits package.

Our Human Resources Department carefully reviews all applications.

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.

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