IDB Invest – Investment Management Associate
Corporates Division – Tourism Sector
Location: Argentina, Colombia, Costa Rica, Dominican Republic, Jamaica, Panama or Peru
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean (LAC). Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position
We are looking for an Investment Management Associate for the Tourism sector within the Corporates Division (SMC) of the Investment Operations Department (INO) of IDB Invest.
INO is responsible for the engagement of clients and partners for the origination, structuring, closing, and supervision of transactions and projects that are aligned with a strong development impact mandate. INO follows a matrix model consisting of three divisions including Corporates, Infrastructure and Energy, Financial Institutions, and two transversal areas covering Financial Products and Services and Portfolio Management.
Our Corporates Division consists of four independent units including Tourism, Manufacturing, Agribusiness, and Digital & Media, with coverage across the 26 regional operating countries where IDB Invest does business in Latin America and the Caribbean.
What you will do
You will be part of the Tourism team that develops new business and structures transactions of debt, mezzanine, and equity investments in LAC.
Your scope of activities shall include, but not be limited to:
Deal Origination and Execution
Support senior team members in identifying and evaluating potential investment opportunities
Assist in the due diligence process, conducting detailed research and analysis to assess the feasibility and risks associated with transactions
Contribute to the preparation and review of transaction documents, ensuring accuracy and compliance with IDB Invest standards
Financial Analysis and Modeling
Conduct in-depth financial analysis, including building and maintaining financial models to support investment decisions
Perform scenario analysis including running sensitivity analyses over financial models and preparing results to be presented for decision making
Client Presentations and Communication
Prepare client presentations, pitch materials, and other documentation to effectively communicate financial information
Engage in client interactions, participating in meetings, presentations, and discussions to address client needs and provide strategic advice
Market Research and Industry Analysis
Stay abreast of market trends, industry developments, and competitive landscapes to provide valuable insights for decision-making
Conduct detailed research on specific sectors and companies to identify potential opportunities and risks. What you will need
Education: You hold a bachelor's degree in Finance, Business Administration, Engineering, and/or other relevant fields. Academic specialization in tourism and/or real estate is desirable. Experience: You have at least 2+ years of relevant professional experience in loan origination, structuring structured finance (project finance) or corporate finance transactions. Confirmed experience in a similar role in an investment or advisory firm, bank or infrastructure company would be desirable. Strong client relationship experience and skills are also highly valued. Languages: You are proficient in oral and written English and Spanish; knowledge of Portuguese is a plus. Key Skills
Learn continuously. Collaborate and share knowledge. Focus on clients. Communicate and influence. Innovate and try new things.
Requirements
Citizenship: You are either a citizen, a resident with a legal permit or eligible to aquire valid residency or legal permit to work in either Argentina, Colombia, Costa Rica, Dominican Republic, Jamaica, Panama, or Peru without the need for sponsorship by IDB Invest. 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
The IDB Group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:
A competitive compensation package. Leaves and vacations: 24 days of paid time off, 8 personal days, sick leave, and gender-neutral parental leave. Health Insurance: IDB Group provides employees and eligible dependents with a robust medical benefits program that covers medical, dental, vision, preventive care, and prescription drugs. Pension plan: defined benefit pension plan that provides financial security and supports employees in planning for their future. Hybrid and flexible work schedules. Health and wellbeing: access to our Health Services Center which provides preventive care and health education for employees. Development support: tools to boost your professional profile such as mentoring, 1:1 professional counseling, training, and learning opportunities, language classes, and mobility options, among others. Our culture
At the IDB Group, we work so everyone brings their best and authentic selves to work, willing to try innovative approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB Invest
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 improve economic, social, and environmental development in the region. With a portfolio of $16.3 billion in asset management and 394 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a broad range of industries.
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Additional Information
External Opening Date: May 10, 2024 External Closing Date: May 24, 2024 Job Field: Investment Management
