Investment Funds Specialist
This position is part of the U.S. International Development Finance Corporation (DFC), Office of Investment Funds. As an Investment Funds Specialist you will be responsible for leading origination, monitoring, and exiting of investments for DFC's investment fund program.
Major duties
Implements the investment fund program, including origination, evaluation, diligence, negotiation, commitment, disbursement, monitoring, and realization of private equity funds. Oversees consistent implementation and compliance, including in the areas of commercial judgment, ethics, compliance, and documentation procedures and collaborates with DFC organizations to ensure compliance, monitoring, and reporting of assigned funds and adheres to all policies and procedures. Defines the investable landscape in DFC-eligible countries and proactively builds relationships through various business development channels with prospective fund managers. Prepares due diligence strategies and priorities in advance, communicates objectives to the counterparty effectively, and completes due diligence on investment targets. Provides analytical insight and judgment to the fund selection process and manages the approval process and presents to the Evaluation Committee, Investment Committee, and the Board of Directors. Leads negotiations and prepares negotiation strategies and priorities in coordination with relevant internal and external stakeholders. Prepares term sheets, side letters, other legal documents, and associated transaction documents for prospective investments. Develops and implements detailed restructuring and work-out strategies for under-performing funds with the goal of recovering DFC's capital including complex conflicted situations with multiple stakeholders. Leads the conceptual development of organizational strategic goals including changes or improvements to product development, investment thesis, and program policy. Interprets and communicates policy and procedures and oversees consistent implementation and compliance, including in the areas of fiduciary obligations, commercial judgment, ethics, compliance, and documentation procedures. Represents the organization and communicates to all stakeholders the full suite of DFC products that could be relevant to a particular investor or counterparty. Please Note: This is a Bargaining unit position represented by AFGE, local 1534.
Qualifications
Applicants must meet all eligibility and qualification requirements no later than the closing date of this announcement. You may qualify at the GS-14 level, if you fulfill the following qualification requirements: One year of specialized experience equivalent to the GS-13 grade level in the Federal service that includes: 1) Managing the full lifecycle of private equity fund investments, including origination, underwriting, executing, monitoring and closeout of private fund investments (ideally in emerging markets); 2) Negotiating private equity fund terms and/or conditions, including structuring Limited Partner/General Partner (LP/GP) vehicles and separately managed accounts; AND 3) Underwriting direct co-investments alongside private market fund managers. Note: Education is not substitutional at this grade level. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. This position is being advertised concurrently with vacancy announcement 27-OIF-ST-13089624-AQ using Merit Promotion (MP) procedures. If interested, refer to that announcement to determine if you meet MP requirements and can apply to that announcement. NOTE: You must apply separately to each announcement in order to be considered under both. This announcement may be used to fill similar positions, if additional vacancies occur.
Education
This job does not have an education qualification requirement.