The successful candidate will be fluent in debt modeling, project finance, and the management of fixed income portfolio investments within the infrastructure or real-asset class. A strong desire to excel in an entrepreneurial setting is key.
Individuals who find success in this role will have a background similar to the following: project finance or senior fixed income analysts from leading investment banks; project finance securitization professionals; chartered accountants with infrastructure experience or big four corporate finance advisors; people from project finance PFI/ PPP companies companies and/or bulge bracket investment banks.
Day-to-day tasks will be varied, covering the preparation of reports, analysis of financial data, financial modeling, portfolio management and analysis, and working with other members of the investment team in researching markets and potential target assets, drafting information memoranda and investment documents, and procuring of specialized external advice.
Based out of Chicago, IL and/or Mexico City with extensive travel throughout Latin America. Will also consider top candidates from Bogotá and São Paulo or New York City.
Construct and maintain infrastructure debt portfolios in most sectors of the Latin American markets
Ensure that SMA/segregated portfolios are within risk tolerances and constraints. Comply with client/fund guidelines and restrictions
Through fundamental credit analysis, provide timely buy/sell/hold recommendations in support of long-term investment and portfolio management needs and new-issue and secondary-market investment opportunities. Analysis to include risk exposure analysis, maturity, and relative value considerations
Share knowledge - both verbally and in writing - regarding ongoing credit or sector developments with other members of team and clients
Work closely with infrastructure analysts, primary securities dealers and associated legal advisers on deal origination
Prepare timely, comprehensive written analyses on individual project debt, sectors, or events and clearly present facts, analyses, conclusions, and recommendations
Provide polished investment input for ongoing asset selection and substitution for segregated infrastructure debt investment mandates
Maintain and report on current credit views by following and analyzing news, new/existing project reports and other releases, rating agency actions, analyst publications, and other information sources
Interact with rating agencies, infrastructure project analysts, and other independent sources to obtain external views on individual assets and underlying financial structures
Participate in monthly portfolio reviews and credit surveillance discussions and provide in-depth assessment of identified names for periodic accounting valuation (defend) processes
Outside of core credit responsibilities, actively contribute to various projects and process improvement efforts
Highly driven, with flexible and adaptive entrepreneurial mindset
Master's Degree preferred; BA/BS required; progress or completion of CFA or CAIA a definitive plus
Fluency in English and Spanish is required; Portuguese is a definitive plus
Minimum 5 years of credit/debt portfolio management and/or SMA product management/development, with a focus on infrastructure debt, mezzanine, and/or corporate credit portfolios
Deep experience in project finance, corporate credit/debt analysis, private placement markets, PPP transactions and/or 144a RegS issuances
An in-depth understanding of fixed income and private debt markets. Ability to recognize subtleties of different debt types and capital structures and apply to portfolio management decisions
Ability to grasp quantitative and debt modeling concepts and their application to portfolio management
Ability to adapt quickly to rapidly changing market environments
Very strong and extensive communication skills
Strong regional experience and existing network throughout Latin America
Strong fundamental credit analysis and debt modeling skills
Strong leaderships skills and the appetite to extensively interact with clients