Investment Funds Specialist

Development Finance Corporation • Washington, DC

22h

About The Position

This position is part of the U.S. International Development Finance Corporation (DFC), Office of Investment Funds. The Investment Funds Specialist leads the origination, monitoring, and exit of investments for DFC’s investment fund program. The role covers the full lifecycle of private equity fund investments, from business development, evaluation, due diligence, negotiation, commitment, and disbursement through monitoring, restructuring, and realization. The specialist also contributes to organizational strategy and product and policy development, and represents DFC and its products to investors and other stakeholders.

This is a bargaining-unit position represented by AFGE, Local 1534. The position requires foreign travel to developing countries and the ability to obtain and maintain a Secret security clearance. It is suitable for telework, with episodic or emergency telework potentially allowed with supervisor approval and subject to eligibility criteria. A flexible work schedule is allowed. Selection may require completion of a one-year probationary period, and the selectee must file a Confidential Financial Disclosure Report (OGE Form 450) within 30 days of starting.

Requirements

• U.S. Citizen or National.
• Must be able to obtain and maintain a Secret security clearance.
• One year of specialized experience equivalent to the GS-13 grade level in Federal service, including managing the full lifecycle of private equity fund investments; negotiating private equity fund terms or conditions, including structuring LP/GP vehicles and separately managed accounts; and underwriting direct co-investments alongside private market fund managers.
• Must submit a resume and supporting documents.
• Must be suitable for Federal employment as determined by a background investigation.
• May be required to complete a probationary period.
• Must file a Confidential Financial Disclosure Report (OGE Form 450) within 30 days of starting.
• Must be able to travel to developing countries.
• Males born after December 31, 1959, must be registered for Selective Service or exempt.
• Applicants must meet all eligibility and qualification requirements by the announcement closing date.

Nice To Haves

• Experience managing private equity fund investments in emerging markets is identified as ideal.

Responsibilities

• Implement the investment fund program, including origination, evaluation, diligence, negotiation, commitment, disbursement, monitoring, and realization of private equity funds.
• Oversee consistent implementation and compliance with policies and procedures, including commercial judgment, ethics, compliance, documentation, and fiduciary obligations.
• Collaborate with DFC organizations on compliance, monitoring, and reporting for assigned funds.
• Define the investable landscape in DFC-eligible countries and build relationships with prospective fund managers through business development channels.
• Develop due diligence strategies and priorities, communicate objectives to counterparties, and complete due diligence on investment targets.
• Provide analysis and judgment for fund selection, manage the approval process, and present to the Evaluation Committee, Investment Committee, and Board of Directors.
• Lead negotiations and prepare negotiation strategies and priorities with internal and external stakeholders.
• Prepare term sheets, side letters, legal documents, and other transaction documents for prospective investments.
• Develop and implement restructuring and workout strategies for under-performing funds to recover DFC capital, including in complex, conflicted situations involving multiple stakeholders.
• Lead the conceptual development of organizational strategic goals, including changes or improvements to product development, investment thesis, and program policy.
• Interpret and communicate policy and procedures and oversee their consistent implementation and compliance.
• Represent DFC and communicate its suite of products to stakeholders, investors, and counterparties.

Benefits

• A comprehensive federal employee benefits package is available to employees and their families, subject to eligibility.
• Recruitment and relocation incentives may be authorized.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed