Associate - Financial Institutions Sector - Southern Cone Region

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IDB Invest - Associate - Financial Institutions Sector - Southern Cone Region

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Join to apply for the IDB Invest - Associate - Financial Institutions Sector - Southern Cone Region role at IDB Invest

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Location

This position can be based in Buenos Aires, Argentina.

We improve lives

IDB Invest is the private sector arm of the IDB Group and an international financial institution committed to addressing the development needs of Latin America and the Caribbean. Our mission is to support sustainable enterprises and projects that deliver financial results while maximizing social and environmental impact in the region.

IDB Invest operates in 26 countries, structured across four geographic regions and three industry verticals: Infrastructure and Energy, Financial Intermediaries, and Corporates.

In support of a new transformative business model "Originate to Share" our shareholders recently approved a $3.5 billion capitalization. This will allow IDB Invest to significantly scale up its investments, nearly doubling annual financing from approximately $8 billion to $19 billion, and unlocking greater private sector participation to drive development and climate impact across the region.

To Deliver On This Ambition, IDB Invest Reorganized Its Structure And Created The Regions Department, Which Manages Business And Client Relationships From a Country Perspective. The Regions Include

• Southern Cone (Argentina, Brazil, Chile, Paraguay, Uruguay)
• Andean Group (Bolivia, Colombia, Ecuador, Peru, Venezuela)
• Caribbean (The Bahamas, Barbados, Guyana, Jamaica, Suriname, Trinidad and Tobago)
• Central America, Haiti, Mexico, Panama, and the Dominican Republic
  
  

Additionally, the Industries and Cross-Cutting Themes Department manages business and client engagement from an industry perspective. It is composed of six divisions: three focused on core industries (Infrastructure and Energy (IEN), Financial Institutions (FLI), and Corporates (SMC)); two focused on cross-cutting themes (Climate and Environment (CLE) and Gender and Social Inclusion (GSI)); and one dedicated to Portfolio Management (PTM). Together, these divisions support the implementation of IDB Invest's mandate by providing sectoral expertise, thematic leadership, and strategic portfolio oversight across the institution.

About This Position

The Financial Institutions Division (FLI), part of the Industries and Cross-Cutting Themes Department, 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.

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 Financial Institutions Division (FLI) and the Southern Cone Division (RSC).

What you'll do

• 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 diligences and carry out industry research on the financial sector.
• 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'll need

• Education: You hold Bachelor's degree in Finance, Economics, Business Administration, or related fields.
• Experience: You have two (2) years of relevant employment experience as a financial analyst/associate or equivalent position at a financial institution or a consultancy firm.
• Languages: Proficiency in Spanish and English, spoken and written, is required.
  
  

Requirements

• Citizenship: You are either a citizen of Argentina or with residency or legal permit to work in Argentina.
• 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

What We Offer

• A competitive compensation package
• Leaves and vacations: 24 days of paid time off + 8 personal days + sick leave + 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 support employees in planning for their future.
• Hybrid and flexible work schedules.
• Health and well-being: Access to our Health Services Center that provides preventive care and health education for employees.
• Development support: We offer tools to boost your professional profile, such as mentoring, 1:1 professional counseling, training and learning opportunities, language classes, mobility options, among others.
  
  

Our culture

At the IDB Group, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for excellence, and we recognize and celebrate the impact of their contributions.

In our efforts to drive innovation, we intentionally include all voices, cultivate a sense of belonging and champion fairness. We welcome individuals from underrepresented groups to join us and share their unique perspectives.

We ensure that individuals with disabilities are provided reasonable accommodations to participate in the job interview process. If you require an accommodation to complete this application, please email us at accommodations@iadb.org.

#IDBInvestSeniority level

• Seniority levelEntry level

Employment type

• Employment typeContract

Job function

• Job functionFinance and Sales
• IndustriesInternational Trade and Development

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