P12 Program Associate - Washington, United States - U.S. Internional Development Finance Corporion (DFC)

Description

P12 Program Associate

at U.S. International Development Finance Corporation (DFC) in Washington, DC

• About the Job

Salary Info:
Equivalent to a GS-12-01 / GS-12-03; $99,200.00 / $105,812.00 per year


Information:

The Program Associate, Portfolio for Impact and Innovation will report to the Managing Director in the Office of Catalytic Investments (OCI).

The work of OCI involves:
- underwriting transactions to develop underserved markets and sub-sectors that need catalytic capital or have the potential for outsized development impact.
- supporting DFC sector strategies to catalyze private investment into underserved geographies/markets and nascent sectors.
- leveraging innovative structures and products to pilot and scale across DFC and increase private capital mobilized to underserved markets and subsectors.
- utilizing partnerships to build pipeline, blend finance and de-risk transactions to strengthen DFC's expertise in deploying catalytic capital.

The Portfolio for Impact and Innovation (PI2) provides specialized funding to bridge the financing gap for early-stage social enterprises with innovative solutions to challenges facing the developing world.

Incumbent of this position serves as a junior officer supporting the ongoing development, administration and reporting of PI2, which is a financing program supporting early-stage companies.

The incumbent will also support other officers on the most complex, sensitive, or precedent-setting finance projects.

The incumbent is responsible for supporting the full range of activities related to process transactions from business development, initial screening through due diligence, negotiating and structuring, approval, documentation, closing and funding.

The incumbent is responsible for independently working on key aspects of PI2 portfolio administration, which will require leading quarterly and annual reporting efforts, providing analysis on the portfolio, coordinating with internal and external stakeholders and leading special initiatives as required.

At this level, the incumbent provides critical support that involves business development, analysis of issues, representing the agency when no need for agreements outside of already established parameters is expected, and negotiating with other U.S.

agencies, private consultants, or foreign governments on language in documents to which the United States Government is or will be a signatory.

Work may be conducted in any country and any sector (including housing, service industries, manufacturing, agribusiness, and on-lending to micro finance and banking institutions).

Major Duties and Responsibilities
Below is a list of the major duties and responsibilities for the Program Associate, Portfolio for Impact and Innovation position:

• Incumbent(s) will perform multiple duties to manage and administer the PI2 program, including work to build and maintain a pipeline of potential transactions; conduct pre-screening evaluations of PI2 projects; prepare quarterly, annual and as need reporting for the PI2 Working Group; prepare presentations for internal and external meetings; coordinate with PMD to set up a reporting systems for PI2 transactions; supporting PI2 marketing efforts to co-investors and clients; work with other DFC departments such as ODP, Legal, OEA and PMD, to develop fact sheets, questionnaires, templates and other documentation to improve program efficiency; and build a system to track and implement lessons learned.
• Supports indepth analyses of new loan proposals to determine their financial, technical, economic, legal, marketing, and political feasibility.

Performs in depth analyses of:

the nature of the proposed business ventures; the financial statements provided by the sponsors; country related macroeconomic and microeconomic risks; risks related to project contractual obligations; the eligibility, financial standing and business background of the sponsor; and other related factors.

Works with and modifies sponsor provided financial projections to assess logical model construction and adequacy of business case assumptions for the proposed DFC financing.

As necessary, as part of the due diligence process, creates financial models and conducts sensitivity analyses to test project assumptions and key economic drivers.

• Supports analysis to negotiate with key interested parties on DFC financing terms, including collateral security and completion support, and policy requirements.
• Prepares recommendations and required papers and correspondence. Supports the presentation of loan proposals to the various approval committees. Reviews and comments on contracts, obtains appropriate agency clearances and obtains investor's signature and fee.
• Works with OCOO, OCI and other origination departments to develop new PI2 business opportunities. As required, advises representatives of private U.S. firms on the DFC' s financing programs and initiatives.
• Attends conferences as required, and parti