Location
The position can be based in any of the following cities: Buenos Aires (Argentina), São Paulo (Brazil), Santiago de Chile (Chile), Asuncion (Paraguay) or Montevideo (Uruguay).
About this position
The Infrastructure and Energy Division (IEN), part of the Industries and Cross-Cutting Themes Department, leads the development and delivery of operations in transport, water and sanitation, energy, and social infrastructure across all regions.
The Southern Cone Division (RSC), 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 Heads 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.
You will report to the Director of the Delivery Unit that has a dual-reporting structure to both the Managing Director of the Infrastructure & Energy Division (IEN) and the Southern Cone Division (RSC).
What you’ll do
The consultant's scope of activities shall include, but not be limited to, providing support for the identification, appraisal, structuring, negotiation, closing, disbursement, and monitoring of infrastructure and energy projects, mostly structured as limited recourse project finance transactions in the sectors listed above. Responsibilities include, but are not limited to:
Project Origination
Prepare marketing materials: teasers, financial proposals, and presentations to prospective clients.
Conduct industry and market research and assist investment Officers in business development efforts, including research relative to prospective projects and sponsors, gather and review relevant market and financial data. data and help with the preparation of operations summaries and preliminary desk evaluations of potential projects.
Build and maintain quality client relationships to ensure responsive client service and to improve new business opportunities.
2. Structuring Process
Prepare terms of reference and lead the selection of external consulting firms (independent engineers, market consultants, insurance consultants, tax & financial model consultants, etc.) that support the investment team in the appraisal of project finance operations.
Work with other team members and the external consulting firms to perform the due diligence process of the transactions.
Participate in negotiations with clients to gather necessary technical, legal, economic, and financial information. Information is assigned to assess the merits of potential lending or equity investment projects.
Create, review, and/or adapt financial models and prepare sensitivity analyses required in connection with the credit assessment of the transactions.
Review and analyze historical and projected financial data statements and perform financial Analyses for project finance transactions and/or corporate financing.
Assist Investment Officers in the preparation of documentation for IDB Invest's internal approval processes.
Maintain the internal system updated.
Support the Financial Closing Process.
Assist Investment Officers during the closing process of the transactions.
Assist with financial closings and disbursements for approved lending and investment projects by assisting with the verification that clients comply with all contractual conditions.
What you'll need
• Education: At least a Bachelor's or equivalent degree with specialization/major in finance, accounting, business administration, or economics. Master's degree or MBA will be considered a plus.
• Experience: Between 2 and 4 years of progressive experience in a financial institution or in the finance department of a private sector company, in particular in energy, transport, social infrastructure, water, and sanitation sectors.
• Languages: Proficiency in English and either Spanish or Portuguese is required.
Requirements
• Citizenship: You are either a citizen of Argentina, Brazil, Chile, Paraguay or Uruguay or with residency or legal permit to work in any of these 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 consultant Full-Time, 36 months.