P12 Program Associate
International Development Finance Corporation
Washington, DC United States
Application deadline 05/17/2024
Type of Position Full-time
Education Requirement Bachelor

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).