Portfolio Director

Type: 
Job
Location of Job: 
Bogota, Colombia
Posted: 
02 Jun 2019
Closing: 
30 Sep 2019
About the organization: 

Global Partnerships is an impact-first investor dedicated to expanding opportunity for people living in poverty. For 25 years GP has invested in sustainable solutions that help impoverished people increase their incomes and improve their lives, with core investments in livelihoods, education, health, energy, housing, and sanitation. Since inception GP has deployed nearly $330 million in impact investments to over 125 partners, bringing meaningful impact to over 12 million lives. 

GP currently invests in partners in Latin America, the Caribbean, and sub-Saharan Africa. The GP team is comprised of approximately 36 mission driven, dedicated, high-performing colleagues working from offices in Seattle, WA; Bogotá, Colombia; and Nairobi, Kenya. 

About the Job: 

Tasks and Responsibilities:

  • Loan Origination:
    • Develops a broad knowledge of all partner candidates (MFIs/Agricultural Coops and Enterprises/Other Social Enterprises) operating in targeted countries and identifies candidates for GP funding.
    • Acts as the primary relationship officer for a portfolio of high-impact social enterprises known as “partners”.
    • Proactively seeks opportunities to build the debt portfolio through networking and other means of identifying new partners.
    • Schedules, conducts and oversees screen visits to partner candidates to determine whether they are a good fit for GP funding.
    • Analyzes the needs, strengths and weaknesses of the candidates and prepares or collaborates with the Impact and Research Team in preparing the Investment Brief.
    • Works in conjunction with the Impact and Research Team, Social Investment Team, and Regional Vice President to ensure that candidates are aligned or are likely to become aligned with GP’s program initiatives.
    • Negotiates possible loan transactions with the partner candidates, issues letters of interest with accompanying term sheets, and works with partner candidates to close negotiations resulting in signed term sheets.
    • Conducts a comprehensive due diligence with the partner candidate and completes a well-written due diligence report in the required format.
    • Properly structures loan proposals to ensure risk is properly controlled.
    • Reviews all drafts of due diligence reports to ensure they are comprehensive, accurate, and worthy of presentation to the managers of the Social Investment Team, to the Investment Committee, and to certain investors for whom consent is required.
    • Works closely with the loan closing team, legal counsel, and partner management to ensure that loans are closed in a timely and prudent manner. Ensures that the borrower understands the key terms and responsibilities of the loan contract.
    • Reviews pipeline frequently with Social Investment Team management to ensure that Fund priorities and partner needs are addressed, and strategies for proper Fund investment are implemented.
    • Answers questions and may otherwise participate in presentations to the Board Investment Committee to obtain approval for loans/investments. 
  • Portfolio Management:
    • Shares information and insight with the Regional VP for Latin America to identify trends and potential problems relative to credit risk; confers with supervisor on action steps to be taken to strengthen portfolio management and reduce risk to fund performance.
    • Collaborates with the credit monitoring team to provide information and insight into the credit risk of partners and partner candidates. Retains responsibility for the credit relationship and credit performance of the borrower throughout the term of the loan(s).
    • Ensures that action steps relative to compliance with loan agreements as well as needed improvements in partner performance are carried out by the partner organizations.
    • Maintains strong relationships with partner CEOs/Directors to promote the GP brand, ensure that GP distinguishes itself as a provider of choice, and to be responsive to partner needs. 

Qualifications:

  • Several years of experience in a lending or credit administration position, preferably including experience in lending to agricultural organizations including cooperatives, microfinance institutions and other types of social enterprises or value chain businesses. The ideal candidate will have experience in lending to financial institutions, agricultural organizations, receivables financing, inventory financing, etc., and structuring loans for multiple types of businesses.
  • Experience and demonstrated performance in restructuring and resolving problem loans. 
  • Field experience in development programs, such as agricultural technical assistance, implementation of renewable resource/clean energy initiatives, or microenterprise training.
  • Credit analysis experience for investments in social enterprises and/or experience in trade finance and asset-based lending.
  • Experience in impact investing, with specific knowledge of the microfinance industry, agricultural cooperatives, and social enterprises and their key organizations in Latin America. The ideal candidate will have extensive work experience and contacts in the region.
  • An advanced degree in business administration, finance, or a similar field.
  • A high level of verbal fluency in English and Spanish. Writing skills in English should be advanced.
  • A strong interest in and personal commitment to impactful solutions that reduce poverty and need in Latin America.
  • Must be able to travel frequently throughout Latin America. 
How to Apply: 

Interested candidates are invited to send the following documents to [email protected] with their name and the title of the position in the subject line. 

Required Application Documents: 

  • Cover letter.
  • Resume – please list your nationality and current address.
  • Finalists will be asked to submit references: name, contact information.
Country: 
Colombia