Senior Investment Associate

Ersilia; Bogotá; On-site; COP 150,000,000 - 350,000,000; Full time

Job summary

iGravity is seeking a Senior Investment Associate for its Impact Ventures team based in Bogote1, Colombia. You will lead deal origination and due diligence, structuring debt facilities, and preparing investment memoranda while actively monitoring portfolio performance.

Fluency in Spanish and English is required. Strong credit, financial modeling, and IMM experience are highly valued, with opportunities to contribute to scalable, high-impact lending across emerging markets.

Qualifications

• Minimum 5 years in SME or growth-stage lending, credit analysis, or debt-focused investments in LATAM.
• Proven credit assessment including structuring, covenants, collateral, and cash flow underwriting.
• Experience with structured lending or asset-backed financing preferred.
• Experience building financial models for debt servicing and drafting memoranda for IC approval.
• Exposure to IMM frameworks.

Responsibilities

• Pipeline development and origination across Colombia and regional expansion.
• Research, analysis and due diligence on prospective portfolio companies with financial models.
• Structuring and execution of debt facilities, covenants, risk mitigants, and disbursement coordination.
• Drafting investment memoranda and IC presentations with clear credit theses and risks.
• Portfolio monitoring including covenant tracking and reporting to committees.

Skills

Debt financing

Credit analysis

Financial modeling

Portfolio management

Spanish & English

Deal leadership

Education

Bachelor's degree in business, finance, economics, or international development

CPA/ACCA or CFA certification (advantage)

Tools

MS Office (Excel, Word, PowerPoint, SharePoint)

Job description

iGRAVITY IS HIRING A SENIOR INVESTMENT ASSOCIATE – IMPACT VENTURES

THIS ROLE IS BASED IN BOGOTA, COLOMBIA

About iGravity - iGravity is a specialized impact investment management and advisory firm committed to building a more equitable and sustainable financial system. We design and manage blended finance solutions that support local enterprises, delivering strong financial returns and meaningful social and environmental impact for both institutional investors and philanthropic partners.

iGravity works with development organizations across the investment lifecycle from early-stage strategy and innovative finance design to the development of robust Impact Measurement & Management (IMM) systems.

On the investment side, we manage private debt strategies focused on emerging markets. Our portfolio includes direct debt investments in local SMEs, as well as investments in local funds and private notes, all guided by clearly defined impact lenses and return expectations.

As part of our mission to channel catalytic capital to high-impact enterprises, we manage various facilities (Balim Investments, Refugee Investment Facility and SECO Start-up Fund) on behalf of our partners and investors. These funds provide high-impact SMEs in emerging markets with debt financing.

To support our scaling strategy and geographical expansion into new markets, we are seeking several dynamic and experienced investment professionals to join our team as Senior Investment Associates.

Your role

• We are looking for a Senior Investment Associate with a strong track record in debt financing, specifically lending to SMEs, financial intermediaries, or similar borrowers across emerging markets. The role is based within iGravity's Impact Ventures team, which leads investment activity across the firm's direct investments mandates.
• We work across a range of debt instruments and borrower types, including SMEs, high-growth ventures, financial intermediaries, and SME platforms, with a focus on supporting scalable, high-impact business models.
• Candidates should be comfortable leading deals independently, preparing IC-ready analysis, and managing portfolio relationships through to exit or resolution.
• Experience with secured debt financing instruments using different types of collaterals is a strong advantage.

Key Responsibilities:

• Pipeline development and origination: Identify and qualify new lending opportunities across assigned mandate geographies (starting in Colombia and over time expanding to other markets in the region) through direct outreach to SMEs, high-growth ventures, financial intermediaries, and ecosystem partners (accelerators, funds, networks); build and maintain a robust pipeline from sourcing to IC submission; represent iGravity in local investment ecosystems.
• Research, analysis and due diligence: Conduct qualitative and quantitative research on prospective portfolio companies including financial statement analysis, business plan review, and synthesize findings across financial, operational, commercial, and impact dimensions into clear investment recommendations.
• Structuring and execution: Lead the structuring of debt facilities (term loans, working capital facilities, revenue-based or hybrid instruments) tailored to SME and high-growth business models; design appropriate covenant packages and risk mitigants; manage end-to-end execution from term sheet to disbursement, coordinating with legal counsel. Exposure to structured or asset-backed lending solutions is a plus.
• Investment memoranda and IC presentation: Lead the drafting of investment memorandums covering investee strategy, financial model outputs, scenario analysis, and impact assessment; present findings and recommendations to Investment Committees, clearly articulating the credit thesis, key risks, mitigants, and finance structure rationale.
• Portfolio monitoring and reporting: Own ongoing monitoring of assigned borrowers including covenant tracking, financial and impact performance review, monitoring visits, and early warning escalation; contribute to investor reporting and present watchlist cases to the Risk Committee.

Who you are

We are looking for an independent team player with proven experience in impact investing and private credit. Essential experience and qualifications:

• At least 5 years of prior experience in SME or growth-stage companies lending, credit analysis, or investment roles focused on debt products in Latin America or impact investing contexts.
• Proven credit assessment skills: loan structuring, covenant design, collateral evaluation, and cash flow- based underwriting for SMEs.
• Experience with structured lending, asset-backed financing, or trade-related financing instruments (preferred).
• Experience building financial models focused on debt servicing capacity, and drafting investment memoranda and supporting documentation for IC approval.
• Exposure to impact measurement and management (IMM) frameworks.
• Bachelor's degree in business administration, finance, economics, or international development; CPA/ACCA or CFA is an added advantage.
• Fluency in Spanish and English.

Skills and attributes

• The ability to organize your own time and tasks, including taking responsibility while keeping a transparent and open dialogue with your team across national borders;
• Strong analytical capabilities, including the ability to process large amounts of information and data from multiple sources and mediate key messages and findings clearly to the target audience;
• Strong interest in impact investing and ability to integrate impact considerations into investment decisions;
• Ability to work with early-stage or fast-growing companies in dynamic environments;
• Convincing communication skills, with full proficiency in English and mastering MS Office (Excel, Word, PowerPoint, and SharePoint).

Who you will work with

You will work closely with Itamar Ahrenbeck, Investment Manager. You will become part of a dynamic team and organization with colleagues in Zurich, Kampala, Nairobi, Milan and Bogotá.

How we work

Our working style is flexible and collaborative; we highly appreciate the benefits of being and working together both digitally and physically, therefore, we expect to meet at our offices at least two times a week.