As part of the GIIN’s mission to accelerate the scale and effectiveness of impact investing, we publish job openings from members of the GIIN Investors’ Council and other impact investing leaders.

Associate, Portfolio for Impact and Innovation

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

About the Job

The U.S. International Development Finance Corporation (DFC) is recruiting for one full-time personal services contractor positions to serve as Associate, Portfolio for Impact and Innovation at the DFC's Office of Development Credit (ODC).

Work involves supporting the most complex, sensitive, or precedent-setting finance projects located in developing countries and markets.

The Personal Services Contractor (PSC) will report to the Managing Director, Social Enterprise Finance in the Office of Development Credit (ODC). The work of ODC involves providing medium- to long-term funding through direct loans and loan guaranties to international emerging markets investment projects and companies across a variety of sectors as a complement to private sector funding. The PI2 provides specialized funding to bridge the financing gap for early-stage social enterprises with innovative solutions to challenges facing the developing world. The PSC 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 PSC 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 PSC 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).

The position is generally equivalent in complexity and responsibility to a GS-11. Base salary range starts at approximately $72,750 and may go up to $93,013 for a very highly qualified and experienced candidate. Salary will be negotiated based on experience, qualifications, and candidate’s salary history. PSCs cannot participate in federal government benefits or retirement programs but receive additional subsidies for medical insurance and retirement in addition to base salary. Initial term of the contract is one year with up to 4 additional one-year extensions for a total of 5 years.

Qualifications

EDUCATION and CERTIFICATION: The PSC shall have a minimum of an undergraduate degree in international business/studies, international relations, finance, business, economics, or political science, or a related field. A master’s degree is preferred.

EXPERIENCE. The PSC shall have a minimum of 3 years of experience within the last 10 years in the following:

  • Application of international business practices.
  • Evaluating or responding to requests for financial support from entrepreneurs or businesses.
  • Knowledge in all aspects of international emerging markets corporate finance and demonstrated skills in related areas such as accounting, credit analysis, management and operations, country political and economic issues, international investments, impact investing, and commercial or investment banking.
  • Experience in early stage and venture investing in international emerging markets.
  • Skill and demonstrated aptitude in program management and project planning, including strategic program planning and evaluation.
  • Education or experience applying business knowledge to project structuring and development of loan terms.
  • Application of key factors in analyzing and structuring complex international finance projects.
  • Knowledge of the unique procedures and processes of various supporting government agencies, foreign countries and industry.
  • Familiarity with various financial software applications to develop or modify spreadsheets for financial analyses.
  • Applied knowledge of project management principles and methodologies, including coordinating the work with other professional employees, lawyers and technical consultants.

Resumes shall demonstrate the following abilities:

  • Academic knowledge of and/or experience evaluating and responding to requests for financial support from entrepreneurs or businesses undertaking business activities in emerging market countries.
  • Demonstrated use of key factors to evaluate and respond to requests to a development finance institution for financial support.
  • Experience that demonstrates broad and comprehensive understanding of development finance and the work of development finance institutions.
  • Demonstrated knowledge of DFC’s goals, regulations, directives, policies, and procedures related to international programs. OTHER: Ability to obtain a Public Trust Clearance and be a U.S. Citizen

To apply

To apply for this position, send the following documents in one email to kyle.stropkay@dfc.gov by May 10, 2021 at 3pm EST:

  • Cover letter
  • Resume
  • College transcripts (may be unofficial)
  • Copies of any relevant certifications
  • 3 - 5 Professional References that include the reference’s name, email address, phone number, name of organization, dates of professional experience with applicant, and relationship to applicant. At least two references must be from a supervisor.