Associate Energy Latin America & Caribbean

FMO - Dutch entrepreneurial development bank; Den Haag; Hybrid; EUR 55,000 - 65,000; Full time

Benefits offered by this job

Pension scheme

31 holidays

Hybrid work (50/50)

Remote work abroad up to 60 days/year

Job summary

FMO, the Dutch entrepreneurial development bank, is seeking an Associate for the Energy Latin America and Caribbean team. The role focuses on portfolio management of a growing loan portfolio and supports execution of new transactions.

You will apply financial analysis, modelling, and risk assessment in a dynamic, international setting. Requirements include a Master’s degree and at least three years in financial analysis or project finance, with fluency in English and Spanish.

Qualifications

• Master’s degree in Economics, Finance, Business Administration, or Engineering.
• Minimum of 3 years in financial analysis, portfolio analysis, project finance, or corporate finance.
• Proven analytical, risk assessment and financial modelling skills.
• Strong written and verbal English communication skills.
• Native-level or fluent Spanish, both written and spoken.
• International environment and/or emerging markets experience is a plus.

Responsibilities

• Analyze operating and financial reporting of existing clients, including covenants and forecasts.
• Write reports and manage monitoring processes for annual reviews, waivers and restructurings.
• Prepare market and financial analyses of clients, sectors, and countries, including debt service capacity.
• Support Senior Portfolio Officers in client relationships on an operational level.
• Monitor clients in the quarterly watchlist and participate in client visits (international travel).
• Support business development in processing repeat transactions.

Skills

Financial analysis

Portfolio analysis

Project finance

Financial modelling

Risk assessment

English language

Spanish language

International experience

Education

Master’s degree in Economics, Finance, Business Administration, or Engineering

Job description

Summary

Do you have at least three years of work experience in project finance, development finance, portfolio analysis and monitoring, and the energy sector? Are you strong in credit analysis and enjoy building financial models? Then this role is for you.

Your Role

The Energy Latin America and Caribbean team comprises 12 investment professionals (including this vacancy) and is responsible for the sourcing, execution, and supervision of all debt-related energy investments in the Latin America and Caribbean region. The team is responsible for a growing portfolio of around 30 clients and circa EUR 720 million exposure and is supported by a team of environmental, social, insurance, legal and compliance specialists.

This team is looking for an enthusiastic Associate. In this role, you will be primarily involved in the portfolio management of our growing loan portfolio, while providing selective support to the execution of new and repeat transactions. This role requires (strong) financial analytical skills, financial modelling skills, risk awareness, a general understanding of financial markets and economic trends, and good communication and writing skills.

Specific Tasks Include

• Analyzing operational and financial reporting and data of existing clients (e.g., financial performance, compliance with covenants, assessment of forecasts, etc.);
• Writing reports and managing internal processes related to monitoring the performance of existing clients (annual reviews, change requests, waivers, restructurings etc.);
• Preparing market and financial analyses of clients, sectors and countries, including the evaluation of project finance structures, key risk factors, debt service capacity and financial projections;
• Supporting (Senior) Portfolio Officers in managing relationships with these clients on an operational working level.
• Closely monitoring clients in the quarterly watchlist process;
• Participating in client visits when required (requiring international travel);
• Supporting the business development team in processing repeat transactions with existing clients.
• Managing internal systems and the processing and filing of customer data, including KYC, ESG, Impact, financials, legal and insurance documentation.
• Collaborating closely with colleagues in a multidisciplinary deal team setting (e.g., Environmental & Social Officers, Corporate Governance Officers, Know Your Customer Administrators, etc.).
• Contributing to departmental projects as requested.

Our Offer

For This Position We Offer You

• Gross yearly salary ranging from EUR 55-65K (based on 40 hours/ week, including 8% holiday allowance and 13th month) depending on your seniority, years of relevant experience, and background .
• Working hours: 40 hours per week
• Pension scheme, partly paid by FMO.
• 31 holidays
• Hybrid way of working (50/50).
• Working remotely abroad for maximum 60 days in a rolling period of 12 months.

For more information, please visit our website Secondary Benefits - FMO

Your Team

The Energy sector has been prioritized by FMO as one of three strategic sectors under Strategy 2030 which aims to contribute to SDG7 and SDG13. FMO is a leading financier in the energy sector in emerging markets. Next to financing energy generation projects (mainly solar, wind, and hydropower) and distributed energy solutions, FMO is broadening its energy scope further in segments that are critical to realize a zero-carbon energy transition pathway and supply chain.

The department comprises about 55 professionals focusing on senior debt and mezzanine finance. FMO aims to build a substantial portfolio of sustainable investments that realize steady and market-driven returns. The department has four regional teams servicing our target markets: Eastern & Southern Africa (ESAF), West & North Africa and Middle East (WA/MENA), Asia & Eastern Europe (Asia/ECA), and Latin America and the Caribbean (LAC).

Your Background

• Master’s degree in Economics, Finance, Business Administration, or Engineering.
• Minimum of 3 years of relevant working experience in financial analysis, portfolio analysis, project finance, or corporate finance, preferably in the energy infrastructure sector.
• Proven analytical, risk assessment and financial modelling skills.
• Strong written and verbal communication skills in English.
• Native-level or fluent Spanish communication skills, both written and verbal.
• Working experience in an international environment and/or emerging markets, especially Latin America, is a plus.

Personal Skills

• A team player who is proactive and attentive to detail.
• Displays a strong service and client orientation.
• Proactive work attitude with a 'can do’-oriented mindset.
• Culturally sensitive.

Are you enthusiastic about this opportunity as an Associate, and do you meet the criteria?

Please note: to be selected for this position, you must reside in the Netherlands.

Please note that if you are a current FMO external/contractor, use your personal email address to apply.

About FMO

FMO delivers economic, social, and environmental development to entrepreneurial initiatives on a global scale, believing in our contribution to a better world, starting from our values as an organization and respect within our teams.

To learn more about who we are, our Vision, Purpose, Mission, Company Culture, and Leadership, please visit our page via the Profile - FMO button below. At FMO, we are guided by our four core values: Diversity, Integrity, Making the Difference and Quality. These values are the foundation of our strong company culture, fostering an environment where we work together to make a positive impact on the world.

#PioneerDevelopScale.