The Caribbean's Premier Career Network
Investment Lead Officer/ Officer
Job SummaryThe Investment Lead Officer/Officer will maintain the responsibility for origination and customer relationship in the Caribbean Region in the above mentioned sectors & eventually assist other Business Divisions in the management of ongoing operations
The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization based in Washington D.C., which is committed to the development of Latin America and the Caribbean (“LAC”) through the private sector. As part of its mission, the IIC supports the private sector and state-owned enterprises through financing in the form of loans, equity investments, and guarantees. At this time, IIC Management is searching for a highly-qualified Investment Officer or Lead Officer/Officer for the Caribbean Region, reporting to the Chief of the Infrastructure and Energy Division (“IEN”) -part of the Investment Operations Department (“INO”)- and coordinating with the Critical Roles for each of the four sectors within the Division.
INO follows a matrix model, with three segment Divisions covering; Infrastructure and Energy (IEN), Financial Institutions (FIS) and Corporates (SMC), and transversal areas such as the Financial Products and Services Division (FNP), in charge of capital market solutions, trade and supply chain finance and resource mobilization, the Portfolio Management Division (PTM), the Advisory Services Team (NFP, in charge of technical cooperation and blended finance), and equity products. The Department’s ultimate goal is to generate sustainable projects with significant development impact from the prospecting stage through closing and monitoring.
IIC’s INO/IEN Division encompasses four main sectors: Transportation, Water and Sanitation, Energy, and Social Infrastructure (Education & Health). Within the IEN Division, the Investment Officer/Lead Investment Officer will be responsible for developing new business opportunities, leading client engagements in the infrastructure and energy sectors as well as leading or supporting the team based in Washington D.C. in structuring and executing new transactions within the Caribbean region.
The Investment Lead Officer/Officer will maintain the responsibility for origination and customer relationship in the Caribbean Region in the above mentioned sectors and eventually assist other Business Divisions in the management of ongoing operations. The ultimate objective will be to lead the outreach in the Region with current and potential clients with a transactional objective.
Location: Caribbean countries of Barbados, Guyana, Suriname, Jamaica and/or Trinidad and Tobago. Post of duty preferably in Bahamas or Trinidad and Tobago.
Main Functions and Responsibilities:
The Investment Officer/Lead Investment Officer’s main functions and responsibilities shall include:
Support the Infrastructure and Energy Division in executing the Division’s business and Action Plan for the four sectors;
Lead and co-ordinate the origination of infrastructure and energy projects in all the four sectors from the prospecting stage, and assist or lead the team through origination, structuring, negotiation, approval and closing;
Maintain constant dialogue with local stakeholders, like governmental agencies and regulators covering infrastructure and energy and industry associations;
Provide local insight to support team during origination, initial screening, and overall structuring process, especially on environmental, social and corporate governance safeguards, development effectiveness, legal, risk, and integrity functions as part of the overall construction of highly developmental and risk-sound transactions;
Leverage IDBG’s ability to collaborate with both the public and private sectors to offer the best solutions to clients, in order to catalyze financing for the increasing demand for infrastructure and energy in the Caribbean in a sustainable manner;
Contribute to the development of IDBG Country Strategies within the Caribbean Region and the IIC’s Action Plans in relation to the infrastructure and energy sectors to help identifying specific institutional and regulatory issues pertinent to the sector;
Interact with the IDB teams in the Region with a view to add value to Governments and Authorities, ensuring that the applicable regulatory frameworks and national/regional infrastructure investment plans enable to structure financially viable and bankable projects;
Proactively liaise with the Portfolio Management Division and/or the Special Assets team? to assist in problematic or impaired projects within the infrastructure and energy sectors and helping in in the negotiation of potential restructurings as needed;
Keep abreast of industry and regulation dynamics within the Caribbean region that could impact the infrastructure and energy sectors. Sharing market intelligence across the segment and within the IDBG as relevant;
Play a significant role in the private sector, especially in infrastructure and energy in the Caribbean region by liaising with industry experts, potential clients, potential partners, financial institutions, investors and other stakeholders. Seeking to build new relationships to generate new business opportunities;
Candidates should possess a clear understanding of the operational work of the IIC or similar Multilateral Development Banks as well as an understanding of the operational frameworks of public sector and/or multilateral institutions (including their special governance, mandates, safeguards, and human resources structures).
Relevant experience in Project Finance as well as proven positive track-record in infrastructure and/or energy transactions in the Caribbean is essential.
Education: An advanced degree (at least Master’s, MBA, or equivalent) in Finance, Business Administration, Engineering, International Development and/or other relevant fields. Academic specialization in infrastructure/energy/project development and/or transaction management is desirable.
Experience: A minimum of 8 years (Officer) or 10 years (Lead) of relevant professional experience in loan origination, structuring complex non-recourse transactions with a proven track-record of working with a variety of financial instruments and products. Experience in the infrastructure and energy sectors is essential, particularly in areas such as renewable energy, gas, power, water and or transport.
Understanding of client needs and challenges, market idiosyncrasies, and drivers of change in Latin America and the Caribbean shall be highly valued.
Proven experience in a similar role in an investment or advisory firm, bank or infrastructure/energy company would be desirable.
Strong client relationship experience and skills are highly valued.
Language Skills: Oral and written proficiency in English and at least another IDB Group's official language (Spanish, Portuguese or French).
Project Design and Structuring: Designs and structures projects that are sustainable, financially and developmentally sound and contribute to the IIC mission.
Sector and Thematic Expertise: Develops and applies specialized sector or strategic expertise to projects.
Relationship Management: manages internal or external clients and their needs by building relationships, maintaining contact, and gathering a deep understanding of their function or business.
Core and Leadership Competencies:
Innovation and Creativity: Develops imaginative ideas and solutions through creativity, experimentation and critical thinking.
Quality and Efficiency in All We Do: Creates and/or implements standards of excellence for products and services ensuring consistency, accuracy, reliability and efficiency. Continuously seeks new ways to make processes run smoother and faster to enhance outcomes.
Communication, Influence and Accountability: Communicates effectively and leverages relationships and strategies to create organizational consensus.
Client Focus: Understands client needs and provides services that meet their expectations for quality and performance; meets the IIC’s expectations for ethical behavior.
Developing People and Teams to Deliver Results: Builds employee talent and capability and communicates their accountability for development as well as meeting business goals.
Promoting Diversity, Inclusion and Collaboration: Improves and ensures a diverse and collaborative environment by actively working to build, coach and empower teams with diverse backgrounds (e.g. gender, ethnic origin, disability, sexual orientation, background, perspective).
The IIC offers a competitive benefits and compensation package.