Job opening: Portfolio Monitoring Specialist
Salary: $122 198 - 191 900 per year
Published at: Aug 09 2024
Employment Type: Full-time
This position is located in the Financial Institutions and Capital Mobilization Division (FICMD) under the control of the Office of Financial and Portfolio Management (OFPM) at the DFC. You will perform project advocacy, loan management, restructuring, and workout supervision of all financial institutions (FI) exposure originated either by DFC directly or generated under DFC's framework agreements or financially intermediated structures.
Duties
As a Portfolio Monitoring Specialist, you will:
-Manages work in all phases and activities related to DFC's exposure involving financial institutions and framework lenders, including all phases of the credit management process, from time of the disbursement to repayment or recovery.
-Perform in-depth analysis of the ongoing nature of the business, the financial statements provided by the borrower and the sponsors, country related macroeconomic and microeconomic risks, risks related to project contractual obligations.
- Responsible for undertaking all tasks required to process transactions associated with managing funding of DFC approved credits for framework transactions, and negotiating, structuring, obtaining approval, and documenting closing on restructurings. Additionally, manage loan write downs that may involve handling of assets to mitigate losses to DFC.
-Conduct periodic site visits to examine the interim developing of projects, assess conformity with written documentation, and to inquire into all aspects of the borrower's operations to consider, review, and analyze the various potential impacts on the creditworthiness of projects and the companies.
-Conduct evaluations of DFC's collateral in projects by ascertaining the nature of the collateral, its location, availability, current value, and sufficiency to cover DFC's financial risk.
-Create and update complex financial models for all projects, negotiating and documenting terms and conditions of existing finance agreements and other project documents.
-Coordinate with production departments to provide expansion financing to existing clients, including providing expert level support in complex project analysis and structuring, negotiating, and executing.
-Recommend new financing and/or restructuring as necessary for "criticized" assets to maximize DFC's opportunity for full collection of amounts owed.
-Support all phases and activities related to executing funded and unfunded risk-share platforms.
-Interface with the institutional investors and other participants in the co-lending platforms.
-Track all financial institution (FI) transactions (as well as those of any other asset classes relevant to future platforms) going through DFC's internal approval process at each stage in their review/approval, review all relevant FI documentation (i.e., internal approval documentation, commitment and loan documentation, etc.) and apply any capital mobilization algorithms to each FI transaction being originated.
-Perform any and all other assigned tasks.
Please Note: This is a Bargaining unit position represented by AFGE, local 1534.
Requirements
- Must be a U.S. Citizen or National
- Males born after 12-31-59 must be registered for Selective Service
- Must submit resume and supporting documents (See How To Apply)
- Suitability for Federal employment, as determined by a background investigation
- May be required to successfully complete a probationary period
- Within 30 days of your start date, you will be required to file a Confidential Financial Disclosure Report (OGE Form 450)
- Must be able to obtain and maintain a secret security clearance
- This position will require foreign travel to developing countries
Qualifications
Applicants must meet all eligibility and qualification requirements no later than the closing date of this announcement.
You may qualify at the GS-14 level, if you fulfill the following qualification requirements:
A. One year of specialized experience equivalent to the GS-13 grade level in the Federal service that demonstrates your ability to;
1. Experience in leading structured corporate finance projects and/or lending to financial institutions (i.e., commercial banks and/or non-bank financial institutions (NBFIs));
2. Experience conducting in-depth financial credit analysis across a wide range of asset and/or sub-asset classes.
3. Experience independently conducting financial modeling;
4. Experience independently communicating complex financial information to senior leaders and/or officials of domestic and foreign governments;
5. Experience with in-depth financial statement, credit and risk analysis in respect of borrowers and making recommendations based on the risks identified;
6. Experience developing and presenting complex financial information in a variety of formats (i.e., reports, presentations, correspondence, etc.);
7. Experience independently negotiating with borrowers; AND
8. Experience independently conducting risk analyses of conditions impacting investments in developing countries and making recommendations based on the risks identified.
Note: Education is not substitutional at this grade level.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
This position is being advertised concurrently with vacancy announcement 24-OFPM-ST-12506149-KM using Merit Promotion (MP) procedures. If interested, refer to that announcement to determine if you meet MP requirements and can apply to that announcement. NOTE: You must apply separately to each announcement in order to be considered under both.
This announcement may be used to fill similar positions, if additional vacancies occur.
Education
This job does not have an education qualification requirement.
Contacts
- Address International Development Finance Corporation
1100 New York Ave. NW
Washington, DC 20527
US
- Name: Keli Martin
- Phone: 2029899726
- Email: [email protected]