IDB Invest – Investment Management Lead Officer or Officer – Tourism – Colombia, Panama or Mexico-1900000267

Description

IDB Invest – Investment Management Lead Officer or Officer – Tourism – Colombia, Panama or Mexico

Background: The Investment Operations Department’s (INO) goal is to generate sustainable projects with significant development impact. Our department follows a matrix model, with three Segment Divisions covering Infrastructure and Energy, Financial Institutions, and Corporates, and three transversal areas including the Financial Products and Services Division, the Advisory Services and Blended Finance Team, and the Portfolio Management Division.
The Corporates Division is responsible for supporting a broad range of critical business sectors including food and agribusiness, manufacturing, tourism, and telecom, media and technology. The Tourism Unit has a mandate to identify private sector transactions within the broader tourism spectrum across our member countries in Latin America and the Caribbean.
We provide long-term financing and advisory support to sustainable tourism projects that have strong local development potential, that feature unique environmental and social sustainability elements, and that attempt to positively improve the industry by featuring best-in-class demonstrative effects. We value developing relationships with clients whose main drive is to create financially sustainable projects that, in addition to generating jobs for the local community, focus on enhancing the involvement of the local value chain, prioritize issues related to gender equality and working with vulnerable groups (i.e., youth, indigenous people), and that seek environmental sustainability principles (i.e., LEED, EDGE).
We believe in a highly collaborative process where developers can use the expertise and breadth of reach of the IDB Group to enhance their projects and make them come to fruition.

The Team:

The Tourism Unit features a dedicated group of investment officers and analysts spread throughout the region. You will report to the Head of Tourism and will coordinate with other investment officers within the Unit and other organizational units, as needed.

What you’ll do:

• Support the Unit Head in drafting and executing the Division’s business and action plan in the country you will be posted in, and possibly in other countries in the region;
• Be responsible for the identification, selection, origination, execution and closing of equity, quasi-equity and debt (loans and guarantees) 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 of additional sources of capital;
• 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; and
• Provide leadership, coaching and mentoring to more junior team members.
• Provide input for other Divisions and Teams action plans in the assigned country and/or region;
• Provide technical advice and support to multi-year Business Plans to help identify and overcome specific institutional and regulatory issues pertinent to the sector;
• 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;
• Represent and promote IDB Invest through developing key relationships by liaising with industry experts, potential clients, potential partners and stakeholders; and
• Seek to build new relationships to generate new business opportunities.
  

Qualifications

Education: You hold an advanced degree (at least Master’s, MBA, or equivalent) in economics, development studies, finance, business administration, tourism, hotel management or other relevant field.

Experience:

• At least six (6) years (Officer) or ten (10) years (Lead Officer) relevant experience as a bank officer responsible for loan origination, structuring and/or portfolio management and a confirmed track-record in leading project finance transactions. Additional exposure to financial institutions and loan syndication will be considered a plus.
• Extensive experience in project finance and in structuring hospitality and real estate loans and transactions.
• Knowledge of the tourism sector and the hospitality industry in LAC.
• Understanding of sector challenges, key trends, market idiosyncrasies, and drivers of change in LAC.
• Very strong financial modeling/valuation and analytical skills.
• Strong network of prospective clients and industry professionals.
• Significant experience in a similar role in an investment firm, private equity firm, bank, micro-finance institution or other multi-lateral organization would be desirable.

Language Skills: You are fluent (oral and written) in both English and Spanish; your knowledge of Portuguese and/or French is a plus.

Link to Core & Technical Competencies ( please Ctrl + Click)
Opportunity summary:

• Type of contract: Fixed-Term
• Length of Contract: 3 years
• Starting date: Upon agreement with you
• Location: country office in Colombia, Panama or Mexico
  

Our culture: Working with us you will be surrounded by a diverse group of people who have years of experience in all types of development fields, including transportation, health, gender and diversity, communications and labor markets among others.
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.

Primary Location: COF-Panama

Other Locations: COF-Mexico, COF-Colombia

Job Posting: Apr 3, 2019, 11:00:00 PM

Closing Date: Apr 29, 2019, 10:59:00 PM

Contact Name - External: Jobs Online

Contact Email - External: jobsonline@iadb.org